Nirantara Finaccess Profile
Key Indicators
- Authorised Capital ₹ 6.00 Cr
as on 11-12-2024
- Paid Up Capital ₹ 5.00 Cr
as on 11-12-2024
- Company Age 27 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 11.00 Cr
as on 11-12-2024
- Revenue -27.53%
(FY 2023)
- Profit -32.78%
(FY 2023)
- Ebitda 347.48%
(FY 2023)
- Net Worth 0.42%
(FY 2023)
- Total Assets 0.28%
(FY 2023)
About Nirantara Finaccess
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.
- 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
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media-
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 and Corporate Structure Insights 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
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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 ServicesActive 29 years 10 monthsRudrappa Gadiyappanavar is a mutual person
Navachetana Microfin Services Private LimitedActive 29 years 6 monthsUllas Kooli and Rudrappa Gadiyappanavar are mutual person
- Navachetana Livelihoods Private LimitedActive 1 year 7 months
Ullas Kooli and Rudrappa Gadiyappanavar are mutual person
- Navachetana Employees Welfare Private LimitedActive 8 years 7 months
Ramabadran Govindarajan is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Canara Bank Creation Date: 23 Dec 2015 | ₹1.50 Cr | Satisfied |
State Bank Of Travancore Creation Date: 17 Oct 2015 | ₹2.00 Cr | Satisfied |
Dena Bank Creation Date: 26 Mar 2015 | ₹2.00 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.
