Nawal Finance Private Limited
Provides financial services and loans to industrial and business enterprises with flexible terms and conditions.
1988 | Mumbai, Maharashtra (India) | Active
Nawal Finance Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 4.96 Cr
- Company Age 36 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.50 Cr
- Revenue Growth -33.53%
- Profit Growth -106.40%
- Ebitda 8.33%
- Net Worth -0.32%
- Total Assets -58.75%
About Nawal Finance
Nawal Finance Private Limited (NFPL) is a Private Limited Indian Non-Government Company incorporated in India on 27 December 1988 and has a history of 36 years and two months. Its registered office is in Mumbai, Maharashtra, India.
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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 4.96 Cr.
The company currently has active open charges totaling ₹2.50 Cr.
Sitaram Verma, Kripa Dadhich, and Aakash Jadhav serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65920MH1988PTC050190
- Company No.
050190
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
27 Dec 1988
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
Nawal Finance Private Limited
Explore comprehensive data for Nawal Finance Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Nawal Finance?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sitaram Verma  | Director | 26-Mar-2012 | Current |
| Kripa Dadhich | Director | 18-Sep-2023 | Current |
| Aakash Jadhav | Director | 18-Sep-2023 | Current |
Financial Performance of Nawal Finance.
Nawal Finance Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 33.53% decrease. The company also saw a substantial fall in profitability, with a 106.4% decrease in profit. The company's net worth dipped by a decrease of 0.32%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Nawal Finance?
In 2018, Nawal Finance had a promoter holding of 100.00%. The company had 1 Subsidiary and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Podar Infotech & Entertainment LimitedAakash Jadhav is a mutual person
- Podar Textiles (Daman) Private Limited
Sitaram Verma is a mutual person
- Nawal Textiles Limited
Sitaram Verma and Aakash Jadhav are mutual person
Charges (Loans)
Open Charges
₹2.50 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- The Karur Vysya Bank Limited : 2.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Feb 2014 | The Karur Vysya Bank Limited | ₹2.50 Cr | Open |
How Many Employees Work at Nawal Finance?
Unlock and access historical data on people associated with Nawal Finance, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Nawal Finance, 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 Nawal Finance'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.
Latest Updates, News, and FAQs on Nawal Finance
Recent activity within the organization
- Annual General Meeting
Nawal Finance Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Nawal Finance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Kripa Shankar Dadhich was appointed as a Director was appointed as a Director on 18 Sep 2023 & has been associated with this company since 1 year 5 months .
- Director Appointment
Aakash Jadhav was appointed as a Director was appointed as a Director on 18 Sep 2023 & has been associated with this company since 1 year 5 months .
- Charges
A charge with The Karur Vysya Bank Limited of Rs. 2.50 Cr registered on 20 Feb 2014 with Charge ID 10484943 was modified on 11 May 2015.
- Charges
A charge with The Karur Vysya Bank Limited amounted to Rs. 2.50 Cr with Charge ID 10484943 was registered on 20 Feb 2014.
Frequently asked questions
What is the Incorporation or founding date of Nawal Finance Private Limited?
Nawal Finance Private Limited was incorporated on 27 Dec 1988.
What is authorized share capital and paid-up capital of Nawal Finance Private Limited?
The authorized share capital of Nawal Finance Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.96 Cr.
Who are the current board members & directors of Nawal Finance Private Limited?
Currently 3 directors are associated with Nawal Finance Private Limited.
- Sitaram Baijnath Verma
- Kripa Shankar Dadhich
- Aakash Jadhav
What is the registered address of Nawal Finance Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Nawal Finance Private Limited is 6 2Nd Floor Plot-10 Podar House A Road, Netaji Subhash Chandra Bose Church Gate India, Mumbai, Maharashtra, 400020.
What is the corporate identification number (CIN) and company number of Nawal Finance Private Limited?
The corporate identification number (CIN) of Nawal Finance Private Limited is U65920MH1988PTC050190 and the company number is 050190 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Nawal Finance Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Nawal Finance Private Limited has fallen by -33.53%.
What change has been observed in the net worth of Nawal Finance Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Nawal Finance Private Limited has experienced an downturn of -0.32%.
What are the total open charges for Nawal Finance Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Nawal Finance Private Limited amount to ₹ 2.50 Cr.
When was the last Balance Sheet of Nawal Finance Private Limited filed with the ROC?
The most recent Balance Sheet for Nawal Finance Private Limited was filed with the ROC on 31 Mar 2024.
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