Narnolia Financial Services Limited

Offers diverse equity strategies for wealth creation in Indian economy.

1995 | Kolkata, West Bengal (India) | Active
Last Updated:

Narnolia Financial Services Profile

Key Indicators

  • Authorised Capital ₹ 5.20 Cr
  • Paid Up Capital ₹ 4.94 Cr
  • Company Age 29 Year, 10 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 ten months. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Narnolia Financial 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

Financial Services

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.

Company report

Narnolia Financial Services Limited

Explore comprehensive data for Narnolia Financial Services Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Narnolia Financial Services?

Board Members (4)

NameDesignationAppointment DateStatus
Krishnanand Narnolia Country flag representing In Director 29-Sep-2018Current
Shailendra Kumar Country flag representing In Director 29-Sep-2018Current
Pankaj Harlalka Country flag representing In Director 22-Sep-2009Current
Anchal Narnolia Country flag representing In Additional Director 31-Aug-2024Current

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%.

Narnolia Financial Services revenue growth over time
Narnolia Financial Services profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-2.93%
Revenue from Operations
-3.66%
Total Assets
9.53%
Profit or Loss
-21.60%
Net Worth
0.25%
EBITDA
-71.71%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹20.95 Cr

Satisfied Charges

₹51.10 Cr

Charges Breakdown by Lending Institutions

  • Indusind Bank Ltd. : 20.00 Cr
  • United Bank Of India : 0.95 Cr

Latest Charge Details

DateLenderAmountStatus
12 Jun 2014Indusind Bank Ltd.₹20.00 CrOpen
31 May 2006United Bank Of India₹9.50 MOpen
07 Aug 2017Hdfc Bank Limited₹21.00 CrSatisfied
30 Jun 2017Hdfc Bank Limited₹20.10 CrSatisfied
07 Feb 2007Hdfc Bank Limited₹10.00 CrSatisfied

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.

Employee growth trends for Narnolia Financial Services Limited

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Narnolia Financial Services

Recent activity within the organization

  • Director Appointment

    Anchal Narnolia was appointed as a Additional Director was appointed as a Additional Director on 31 Aug 2024 & has been associated with this company since 8 months 24 days .

  • Annual General Meeting

    Narnolia Financial Services Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Narnolia Financial Services Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

  • Charges

    A charge registered on 07 Aug 2017 via Charge ID 100128349 with Hdfc Bank Limited was fully satisfied on 23 Nov 2021.

  • Charges

    A charge registered on 30 Jun 2017 via Charge ID 100118869 with Hdfc Bank Limited was fully satisfied on 23 Nov 2021.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 21.00 Cr registered on 07 Aug 2017 with Charge ID 100128349 was modified on 16 Sep 2019.

Frequently asked questions

  • What is the Incorporation or founding date of Narnolia Financial Services Limited?

    Narnolia Financial Services Limited was incorporated on 14 Jul 1995.

  • What is authorized share capital and paid-up capital of Narnolia Financial Services Limited?

    The authorized share capital of Narnolia Financial Services Limited is ₹ 5.20 Cr and paid-up capital is ₹ 4.94 Cr.

  • Who are the current board members & directors of Narnolia Financial Services Limited?

    Currently 4 directors are associated with Narnolia Financial Services Limited.

    • Shailendra Kumar
    • Krishnanand Narnolia
    • Pankaj Harlalka
    • Anchal Narnolia

  • What is the registered address of Narnolia Financial Services Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Narnolia Financial Services Limited is 201 2Nd Floor Marble Arch 236B A.J.C. Bose Road, India, Kolkata, West Bengal, 700020.

  • What is the corporate identification number (CIN) and company number of Narnolia Financial Services Limited?

    The corporate identification number (CIN) of Narnolia Financial Services Limited is U51909WB1995PLC072876 and the company number is 072876 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Narnolia Financial Services Limited?

    The Official website of Narnolia Financial Services Limited is https://www.narnolia.com

  • What has been the recent revenue trend for Narnolia Financial Services Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Narnolia Financial Services Limited has fallen by -2.93%.

  • How many employees does Narnolia Financial Services Limited currently have?

    As Per 2023 financial reports, 21 employees are currently employed by Narnolia Financial Services Limited.

  • What change has been observed in the net worth of Narnolia Financial Services Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Narnolia Financial Services Limited has experienced an upsurge of 0.25%.

  • What are the total open charges for Narnolia Financial Services Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Narnolia Financial Services Limited amount to ₹ 20.95 Cr.

  • When was the last Balance Sheet of Narnolia Financial Services Limited filed with the ROC?

    The most recent Balance Sheet for Narnolia Financial Services Limited was filed with the ROC on 31 Mar 2023.

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