Nawal Finance Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 4.96 Cr
- Company Age 36 Year, 1 Month
- 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 one month. 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
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U65920MH1988PTC050190
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Company No.
050190
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
27 Dec 1988
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Nawal Finance?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sitaram Verma
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Director | 26-Mar-2012 | Current |
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Kripa Dadhich
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Director | 18-Sep-2023 | Current |
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Aakash Jadhav
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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%.
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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)
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Podar Infotech & Entertainment LimitedAakash Jadhav is a mutual person
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Podar Textiles (Daman) Private LimitedSitaram Verma is a mutual person
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Nawal Textiles Limited
Sitaram Verma and Aakash Jadhav are mutual person
Charges (Loans)
₹2.50 Cr
₹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.
