Nirantara Finaccess Profile
Key Indicators
- Authorised Capital ₹ 6.00 Cr
- Paid Up Capital ₹ 5.00 Cr
- Company Age 27 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 11.00 Cr
- Revenue Growth -27.53%
- Profit Growth -32.78%
- Ebitda 347.48%
- Net Worth 0.42%
- Total Assets 0.28%
About Nirantara Finaccess
Nirantara Finaccess Private Limited (NFPL) is a Private Limited Indian Non-Government Company incorporated in India on 04 July 1997 and has a history of 27 years and eight months. Its registered office is in Bangaluru, Karnataka, 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 6.00 Cr and a paid-up capital of Rs 5.00 Cr.
The company has closed loans amounting to ₹11.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Arveti Nandakishore, Ullas Kooli, Rudrappa Gadiyappanavar, and One other member serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65993KA1997PTC063974
- Company No.
063974
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
04 Jul 1997
- Date of AGM
12 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Financial Services
Who are the key members and board of directors at Nirantara Finaccess?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rudrappa Gadiyappanavar  | Managing Director | 07-Feb-2024 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Arveti Nandakishore | Director | 14-Mar-2023 | Current |
| Ullas Kooli | Director | 10-Aug-2017 | Current |
| Ramabadran Govindarajan | Director | 14-Mar-2023 | Current |
Financial Performance of Nirantara Finaccess.
Nirantara Finaccess Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 27.53% decrease. The company also saw a substantial fall in profitability, with a 32.78% decrease in profit. The company's net worth moved up by a moderate rise of 0.42%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Nirantara Finaccess?
In 2023, Nirantara Finaccess had a promoter holding of 16.32% and a public holding of 83.68%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sanghamithra Rural Financial ServicesRudrappa Gadiyappanavar is a mutual person
Nextru Livelihoods Private LimitedUllas Kooli is a mutual person
Navachetana Microfin Services Private LimitedUllas Kooli and Rudrappa Gadiyappanavar are mutual person
- Navachetana Livelihoods Private Limited
Ullas Kooli and Rudrappa Gadiyappanavar are mutual person
- Navachetana Employees Welfare Private Limited
Ramabadran Govindarajan is a mutual person
Utthejana Farmer Producer Company LimitedUllas Kooli is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹11.00 Cr
Charges Breakdown by Lending Institutions
- Mas Financial Services Limited : 3.50 Cr
- Union Bank Of India : 2.00 Cr
- Dena Bank : 2.00 Cr
- State Bank Of Travancore : 2.00 Cr
- Canara Bank : 1.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Dec 2015 | Canara Bank | ₹1.50 Cr | Satisfied |
| 17 Oct 2015 | State Bank Of Travancore | ₹2.00 Cr | Satisfied |
| 26 Mar 2015 | Dena Bank | ₹2.00 Cr | Satisfied |
| 31 Jan 2015 | Mas Financial Services Limited | ₹2.50 Cr | Satisfied |
| 30 Dec 2014 | Mas Financial Services Limited | ₹1.00 Cr | Satisfied |
How Many Employees Work at Nirantara Finaccess?
Nirantara Finaccess has a workforce of 2 employees as of Apr 09, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Nirantara Finaccess, 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 Nirantara Finaccess'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 Nirantara Finaccess
Recent activity within the organization
- Annual General Meeting
Nirantara Finaccess Private Limited last Annual general meeting of members was held on 12 Sep 2024 as per latest MCA records.
- Balance Sheet
Nirantara Finaccess Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Director Appointment
Rudrappa Doddaholiyappa Gadiyappanavar was appointed as a Managing Director was appointed as a Managing Director on 07 Feb 2024 & has been associated with this company since 1 year 1 month .
- Director Appointment
Arveti Rajagopala Setty Nandakishore was appointed as a Director was appointed as a Director on 14 Mar 2023 & has been associated with this company since 2 years 13 days .
- Director Appointment
Ramabadran Govindarajan was appointed as a Director was appointed as a Director on 14 Mar 2023 & has been associated with this company since 2 years 13 days .
- Charges
A charge registered on 26 Mar 2015 via Charge ID 10564631 with Dena Bank was fully satisfied on 12 May 2020.
Frequently asked questions
What is the Incorporation or founding date of Nirantara Finaccess Private Limited?
Nirantara Finaccess Private Limited was incorporated on 04 Jul 1997.
What is authorized share capital and paid-up capital of Nirantara Finaccess Private Limited?
The authorized share capital of Nirantara Finaccess Private Limited is ₹ 6.00 Cr and paid-up capital is ₹ 5.00 Cr.
Who are the current board members & directors of Nirantara Finaccess Private Limited?
Currently 4 directors are associated with Nirantara Finaccess Private Limited.
- Arveti Rajagopala Setty Nandakishore
- Ullas Mahesh Kooli
- Rudrappa Doddaholiyappa Gadiyappanavar
- Ramabadran Govindarajan
What is the registered address of Nirantara Finaccess Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Nirantara Finaccess Private Limited is 201 60 Ft Main Road Shankar Nagar Nandini Layout Post, India, Bangalore, Karnataka, 560096.
What is the corporate identification number (CIN) and company number of Nirantara Finaccess Private Limited?
The corporate identification number (CIN) of Nirantara Finaccess Private Limited is U65993KA1997PTC063974 and the company number is 063974 as per Ministry of Corporate Affairs (MCA).
What is the official website of Nirantara Finaccess Private Limited?
The Official website of Nirantara Finaccess Private Limited is https://www.nirantara.co.in
What has been the recent revenue trend for Nirantara Finaccess Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Nirantara Finaccess Private Limited has fallen by -27.53%.
How many employees does Nirantara Finaccess Private Limited currently have?
As Per 2023 financial reports, 2 employees are currently employed by Nirantara Finaccess Private Limited.
What change has been observed in the net worth of Nirantara Finaccess Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Nirantara Finaccess Private Limited has experienced an upsurge of 0.42%.
When was the last Balance Sheet of Nirantara Finaccess Private Limited filed with the ROC?
The most recent Balance Sheet for Nirantara Finaccess Private Limited was filed with the ROC on 31 Mar 2024.
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