Narnolia Financial Services Profile
Key Indicators
- Authorised Capital ₹ 5.20 Cr
- Paid Up Capital ₹ 4.94 Cr
- Company Age 29 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 20.95 Cr
- Satisfied Charges ₹ 51.10 Cr
- Revenue Growth -2.93%
- Profit Growth -21.60%
- Ebitda -71.71%
- Net Worth 0.25%
- Total Assets 9.53%
About Narnolia Financial Services
Narnolia Financial Services Limited (NFSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 14 July 1995 and has a history of 29 years and seven months. Its registered office is in Kolkata, West Bengal, India.
The Corporate was formerly known as Narnolia Securities And Advisors Limited. The Company is engaged in the Financial Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 5.20 Cr and a paid-up capital of Rs 4.94 Cr.
The company currently has active open charges totaling ₹20.95 Cr. The company has closed loans amounting to ₹51.10 Cr, as per Ministry of Corporate Affairs (MCA) records.
Shailendra Kumar, Krishnanand Narnolia, Pankaj Harlalka, and One other member serve as directors at the Company.
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U51909WB1995PLC072876
- Company No.
072876
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
14 Jul 1995
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
What products or services does Narnolia Financial Services Limited offer?
Narnolia Financial Services Limited offers a wide range of products and services, including Corporate Finance & Leasing Advisors, Fund Management Services.
Who are the key members and board of directors at Narnolia Financial Services?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Krishnanand Narnolia  | Director | 29-Sep-2018 | Current |
| Shailendra Kumar | Director | 29-Sep-2018 | Current |
| Pankaj Harlalka | Director | 22-Sep-2009 | Current |
| Anchal Narnolia | Additional Director | 31-Aug-2024 | Current |
Financial Performance of Narnolia Financial Services.
Narnolia Financial Services Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 2.93% decrease. The company also saw a substantial fall in profitability, with a 21.6% decrease in profit. The company's net worth moved up by a moderate rise of 0.25%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Narnolia Financial Services?
In 2023, Narnolia Financial Services had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Narnolia Investment Advisors Private LimitedShailendra Kumar and Krishnanand Narnolia are mutual person
Active Alpha LlpShailendra Kumar and Krishnanand Narnolia are mutual person
- Narnolia Capital Advisors Private Limited
Shailendra Kumar and Krishnanand Narnolia are mutual person
- Narnolia Securities Limited
Shailendra Kumar and Krishnanand Narnolia are mutual person
- Narnolia Commerze Limited
Shailendra Kumar, Krishnanand Narnolia and 1 more are mutual person
Charges (Loans)
₹20.95 Cr
₹51.10 Cr
Charges Breakdown by Lending Institutions
- Indusind Bank Ltd. : 20.00 Cr
- United Bank Of India : 0.95 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Jun 2014 | Indusind Bank Ltd. | ₹20.00 Cr | Open |
| 31 May 2006 | United Bank Of India | ₹9.50 M | Open |
| 07 Aug 2017 | Hdfc Bank Limited | ₹21.00 Cr | Satisfied |
| 30 Jun 2017 | Hdfc Bank Limited | ₹20.10 Cr | Satisfied |
| 07 Feb 2007 | Hdfc Bank Limited | ₹10.00 Cr | Satisfied |
How Many Employees Work at Narnolia Financial Services?
Narnolia Financial Services has a workforce of 21 employees as of Mar 21, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Narnolia Financial Services, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Narnolia Financial Services's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
