Networth Financial Services Limited

Provides financial services such as lending, brokering, and investment management to individuals and businesses.

2004 | Mumbai, Maharashtra (India) | Active
Last Updated:

Networth Financial Services Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.10 Cr
  • Company Age 20 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth %
  • Profit Growth 18.44%
  • Ebitda 18.44%
  • Net Worth -0.08%
  • Total Assets -0.08%

About Networth Financial Services

Networth Financial Services Limited (NFSL) is a Public Limited Indian Non-Government Company incorporated in India on 12 August 2004 and has a history of 20 years and seven 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 2023. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 2.10 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ashok Bafna, Shailen Shah, and Jayshree Ghodadra 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

    U65990MH2004PLC147970

  • Company No.

    147970

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 Aug 2004

  • Date of AGM

    21 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

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

Board Members (3)

NameDesignationAppointment DateStatus
Ashok Bafna Country flag representing In Director 27-Jul-2020Current
Shailen Shah Country flag representing In Director 13-Aug-2015Current
Jayshree Ghodadra Country flag representing In Director 27-Jun-2014Current

Financial Performance of Networth Financial Services.

Networth Financial Services Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 18.44% increase in profit. The company's net worth dipped by a decrease of 0.08%.

Networth Financial Services revenue growth over time
Networth 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
Revenue from Operations
Total Assets
-0.08%
Profit or Loss
18.44%
Net Worth
-0.08%
EBITDA
18.44%

What is the Ownership and Shareholding Structure of Networth Financial Services?

In 2023, Networth Financial Services had a promoter holding of 48.08% and a public holding of 51.92%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Networth Financial Services?

Unlock and access historical data on people associated with Networth Financial Services, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Networth Financial Services Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Networth 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 Networth 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 Networth Financial Services

Recent activity within the organization

  • Annual General Meeting

    Networth Financial Services Limited last Annual general meeting of members was held on 21 Sep 2023 as per latest MCA records.

  • Balance Sheet

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

  • Director Appointment

    Ashok Daulatraj Bafna was appointed as a Director was appointed as a Director on 27 Jul 2020 & has been associated with this company since 4 years 8 months .

  • Director Appointment

    Shailen Ramesh Shah was appointed as a Director was appointed as a Director on 13 Aug 2015 & has been associated with this company since 9 years 7 months .

  • Director Appointment

    Jayshree Babulal Ghodadra was appointed as a Director was appointed as a Director on 27 Jun 2014 & has been associated with this company since 10 years 9 months .

  • Company Incorporation

    Networth Financial Services Limited was registered on 12 Aug 2004 with Roc Mumbai & aged 20 years 7 months as per MCA records.

Frequently asked questions

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

    Networth Financial Services Limited was incorporated on 12 Aug 2004.

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

    The authorized share capital of Networth Financial Services Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.10 Cr.

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

    Currently 3 directors are associated with Networth Financial Services Limited.

    • Ashok Daulatraj Bafna
    • Shailen Ramesh Shah
    • Jayshree Babulal Ghodadra

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

    As per Ministry of Corporate Affairs (Mca), the registered address of Networth Financial Services Limited is Office No.901/902 9Th Floor Atlanta Centre Opp.Udyog Bhavan Sonawala Road Goregao N (East), India, Mumbai, Maharashtra, 400063.

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

    The corporate identification number (CIN) of Networth Financial Services Limited is U65990MH2004PLC147970 and the company number is 147970 as per Ministry of Corporate Affairs (MCA).

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Networth Financial Services Limited has experienced an downturn of -0.08%.

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

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

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