Paft Finance Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 8.03 Cr
- Company Age 31 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 27.39 Cr
- Satisfied Charges ₹ 1.00 Cr
- Revenue Growth 95.42%
- Profit Growth 114.44%
- Ebitda 109.96%
- Net Worth 74.92%
- Total Assets 111.78%
About Paft Finance
Paft Finance Limited (PFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 March 1993 and has a history of 31 years and ten months. Its registered office is in Tiruchirappalli, Tamil Nadu, India.
The Corporate was formerly known as Rupi Business Finance Ltd. 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 10.00 Cr and a paid-up capital of Rs 8.03 Cr.
The company currently has active open charges totaling ₹27.39 Cr. The company has closed loans amounting to ₹1.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Palavalasa Rao, Stephen Roy, Selvaraj Sebastian, and Three other members serve as directors at the Company.
Company Details
- Location
Tiruchirappalli, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media-
Corporate Identity Details
- CIN/LLPIN
U65191TN1993PLC024690
- Company No.
024690
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
29 Mar 1993
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Paft Finance?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rayappan Xavier  | Managing Director | 29-Sep-2010 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Palavalasa Rao | Additional Director | 21-Mar-2024 | Current |
| Stephen Roy | Whole-Time Director | 01-Dec-2016 | Current |
| Selvaraj Sebastian | Director | 02-Dec-2022 | Current |
| Stephen Roy | Director | 28-Mar-2023 | Current |
| Anne Samy | Whole-Time Director | 01-Dec-2016 | Current |
Financial Performance of Paft Finance.
Paft Finance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 95.42% increase. The company also saw a substantial improvement in profitability, with a 114.44% increase in profit. The company's net worth Soared by an impressive increase of 74.92%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Paft Finance?
In 2023, Paft Finance had a promoter holding of 66.07% and a public holding of 33.93%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Frankberries Consultants Private LimitedPalavalasa Rao is a mutual person
Micronsure Consultancy Private LimitedPalavalasa Rao is a mutual person
Velicham Finance Private LimitedPalavalasa Rao is a mutual person
Svojas Enterprises Private LimitedPalavalasa Rao is a mutual person
- Temple Tree Technologies Private Limited
Palavalasa Rao is a mutual person
Charges (Loans)
₹27.39 Cr
₹1.00 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 25.19 Cr
- Others : 2.00 Cr
- Indian Overseas Bank : 0.20 Cr
- City Union Bank Limited : 0.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Oct 2023 | City Union Bank Limited | ₹0.04 M | Open |
| 28 Feb 2023 | State Bank Of India | ₹25.19 Cr | Open |
| 31 Mar 2022 | Others | ₹2.00 Cr | Open |
| 28 Apr 1997 | Indian Overseas Bank | ₹2.00 M | Open |
| 29 Dec 2017 | Others | ₹1.00 Cr | Satisfied |
How Many Employees Work at Paft Finance?
Paft Finance has a workforce of 94 employees as of Mar 27, 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 Paft 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 Paft Finance'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.
