Opel Finance Limited

Provides non-banking financial services, specializing in hire purchase and equipment leasing.

1996 | Dist.Patna-1, Bihar (India) | Active
Last Updated: December 23, 2024

Opel Finance Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 28 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -1.52%
  • Profit Growth 1.45%
  • Ebitda -36.68%
  • Net Worth 107.68%
  • Total Assets 82.68%

About Opel Finance

Opel Finance Limited (OFL) is a Public Limited Indian Non-Government Company incorporated in India on 12 February 1996 and has a history of 28 years and 11 months. Its registered office is in Dist.Patna-1, Bihar.

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 2.00 Cr and a paid-up capital of Rs 2.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Subhash Pugalia, Roma Bhutani, and Mohit Kumar serve as directors at the Company.

Company Details

  • Location
    Dist.Patna-1, Bihar
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U08011BR1996PLC007056

  • Company No.

    007056

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 Feb 1996

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Patna

Industry

Financial Services

Who are the key members and board of directors at Opel Finance?

Board Members (3)

Name Designation Appointment Date Status
Subhash Pugalia Country flag representing In Whole-Time Director 05-Dec-2007 Current
Roma Bhutani Country flag representing In Director 18-Aug-2018 Current
Mohit Kumar Country flag representing In Director 20-Mar-2024 Current

Financial Performance of Opel Finance.

Opel Finance Limited, for the financial year ended 2017, experienced Minor drop in revenue, with a 1.52% decrease. The company also saw a slight improvement in profitability, with a 1.45% increase in profit. The company's net worth Soared by an impressive increase of 107.68%.

Graph illustrating revenue growth over time
Graph showing 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
-1.52%
Revenue from Operations
-9.37%
Total Assets
82.68%
Profit or Loss
1.45%
Net Worth
107.68%
EBITDA
-36.68%

What is the Ownership and Shareholding Structure of Opel Finance?

In 2017, Opel Finance had a promoter holding of 24.83% and a public holding of 75.17%. 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 Opel Finance?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Opel 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 Opel Finance'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 Opel Finance

Recent activity within the organization

  • Director Appointment

    Mohit Kumar was appointed as a Director was appointed as a Director on 20 Mar 2024 & has been associated with this company since 10 months 21 days .

    20 Mar 2024

  • Annual General Meeting

    Opel Finance Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Opel Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Patna.

    31 Mar 2023

  • Director Appointment

    Roma Bhutani was appointed as a Director was appointed as a Director on 18 Aug 2018 & has been associated with this company since 6 years 5 months .

    18 Aug 2018

  • Director Appointment

    Subhash Kumar Pugalia was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 05 Dec 2007 & has been associated with this company since 17 years 2 months .

    05 Dec 2007

  • Company Incorporation

    Opel Finance Limited was registered on 12 Feb 1996 with Roc Patna & aged 28 years 11 months as per MCA records.

    12 Feb 1996

Frequently asked questions

  • Opel Finance Limited was incorporated on 12 Feb 1996.

  • The authorized share capital of Opel Finance Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.

  • Currently 3 directors are associated with Opel Finance Limited.

    • Subhash Kumar Pugalia
    • Roma Bhutani
    • Mohit Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Opel Finance Limited is Karpura House S.P.Verma Road Ps.Kotwali, India, Dist.Patna-1, Bihar.

  • The corporate identification number (CIN) of Opel Finance Limited is U08011BR1996PLC007056 and the company number is 007056 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2017, the revenue trend for Opel Finance Limited has fallen by -1.52%.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Opel Finance Limited has experienced an upsurge of 107.68%.

  • The most recent Balance Sheet for Opel Finance Limited was filed with the ROC on 31 Mar 2023.

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