Network Finance And Leasing Co Pvt Ltd

Provides financial and related services, established in 1983 in Mumbai.

1983 | Mumbai, Maharashtra (India) | Active
Last Updated:

Network Finance And Leasing Co Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.94 M
  • Company Age 41 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.32 M
  • Revenue Growth -15.04%
  • Profit Growth -50.26%
  • Ebitda -18.60%
  • Net Worth 1.06%
  • Total Assets 0.93%

About Network Finance And Leasing Co

Network Finance And Leasing Co Pvt Ltd (NFALCPL) is a Private Limited Indian Non-Government Company incorporated in India on 27 December 1983 and has a history of 41 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 2.50 M and a paid-up capital of Rs 1.94 M.

The company currently has active open charges totaling ₹2.32 M.

Daksha Merchant, Chirag Merchant, and Sweta Merchant 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

    U71110MH1983PTC031676

  • Company No.

    031676

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Dec 1983

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services
Company report

Network Finance And Leasing Co Pvt Ltd

Explore comprehensive data for Network Finance And Leasing Co Pvt Ltd, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Network Finance And Leasing Co?

Board Members (3)

NameDesignationAppointment DateStatus
Daksha Merchant Country flag representing In Director 27-Dec-1983Current
Chirag Merchant Country flag representing In Director 17-May-2021Current
Sweta Merchant Country flag representing In Director 23-Oct-2017Current

Financial Performance of Network Finance And Leasing Co.

Network Finance And Leasing Co Pvt Ltd, for the financial year ended 2022, experienced significant reduction in revenue, with a 15.04% decrease. The company also saw a substantial fall in profitability, with a 50.26% decrease in profit. The company's net worth moved up by a moderate rise of 1.06%.

Network Finance And Leasing Co revenue growth over time
Network Finance And Leasing Co 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
-15.04%
Revenue from Operations
2.28%
Total Assets
0.93%
Profit or Loss
-50.26%
Net Worth
1.06%
EBITDA
-18.60%

What is the Ownership and Shareholding Structure of Network Finance And Leasing Co?

In 2019, Network Finance And Leasing Co had a promoter holding of 17.93% and a public holding of 82.07%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.32 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Central Bank Of India : 0.20 Cr
  • Development Co-Op. Bank Ltd. : 0.03 Cr

Latest Charge Details

DateLenderAmountStatus
10 Jan 1994Development Co-Op. Bank Ltd.₹0.32 MOpen
26 Nov 1986Central Bank Of India₹2.00 MOpen

How Many Employees Work at Network Finance And Leasing Co?

Unlock and access historical data on people associated with Network Finance And Leasing Co, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Network Finance And Leasing Co Pvt Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Network Finance And Leasing Co, 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 Network Finance And Leasing Co'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 Network Finance And Leasing Co

Recent activity within the organization

  • Annual General Meeting

    Network Finance And Leasing Co Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Network Finance And Leasing Co Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Chirag Shailesh Merchant was appointed as a Director was appointed as a Director on 17 May 2021 & has been associated with this company since 3 years 9 months .

  • Director Appointment

    Sweta Chirag Merchant was appointed as a Director was appointed as a Director on 23 Oct 2017 & has been associated with this company since 7 years 4 months .

  • Charges

    A charge with Development Co-Op. Bank Ltd. amounted to Rs. 0.32 M with Charge ID 90212441 was registered on 10 Jan 1994.

  • Charges

    A charge with Central Bank Of India amounted to Rs. 2.00 M with Charge ID 90215090 was registered on 26 Nov 1986.

Frequently asked questions

  • What is the Incorporation or founding date of Network Finance And Leasing Co Pvt Ltd?

    Network Finance And Leasing Co Pvt Ltd was incorporated on 27 Dec 1983.

  • What is authorized share capital and paid-up capital of Network Finance And Leasing Co Pvt Ltd?

    The authorized share capital of Network Finance And Leasing Co Pvt Ltd is ₹ 2.50 M and paid-up capital is ₹ 1.94 M.

  • Who are the current board members & directors of Network Finance And Leasing Co Pvt Ltd?

    Currently 3 directors are associated with Network Finance And Leasing Co Pvt Ltd.

    • Daksha Shailesh Merchant
    • Chirag Shailesh Merchant
    • Sweta Chirag Merchant
  • What is the registered address of Network Finance And Leasing Co Pvt Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Network Finance And Leasing Co Pvt Ltd is 64/A, Maker Chambers Iii Nariman Point India, Mumbai, Maharashtra, 400021.

  • What is the corporate identification number (CIN) and company number of Network Finance And Leasing Co Pvt Ltd?

    The corporate identification number (CIN) of Network Finance And Leasing Co Pvt Ltd is U71110MH1983PTC031676 and the company number is 031676 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Network Finance And Leasing Co Pvt Ltd?

    According to the financial reports for the fiscal year 2022, the revenue trend for Network Finance And Leasing Co Pvt Ltd has fallen by -15.04%.

  • What change has been observed in the net worth of Network Finance And Leasing Co Pvt Ltd, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Network Finance And Leasing Co Pvt Ltd has experienced an upsurge of 1.06%.

  • What are the total open charges for Network Finance And Leasing Co Pvt Ltd?

    As per the financial statements for fiscal Year 2022, The total open charges for Network Finance And Leasing Co Pvt Ltd amount to ₹ 2.32 M.

  • When was the last Balance Sheet of Network Finance And Leasing Co Pvt Ltd filed with the ROC?

    The most recent Balance Sheet for Network Finance And Leasing Co Pvt Ltd was filed with the ROC on 31 Mar 2024.

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