Paridhi Finance Limited

Financial services company providing project financing, capital management, leasing, and lending since 1993.

1993 | Mumbai, Maharashtra (India) | Active
Last Updated: July 08, 2024

Paridhi Finance Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.36 Cr
  • Company Age 31 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.00 M
  • Revenue Growth 33.92%
  • Profit Growth -24.84%
  • Ebitda 31.91%
  • Net Worth 1.97%
  • Total Assets 7.39%

About Paridhi Finance

Paridhi Finance Limited (PFL) is a Public Limited Indian Non-Government Company incorporated in India on 22 September 1993 and has a history of 31 years and four months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Paridhi Finance Private Limited. 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 1.36 Cr.

The company currently has active open charges totaling ₹4.00 M.

Raminder Bagga, Jaspreet Bagga, Inderjitsingh Bagga, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    paridhifinanceltd.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65990MH1993PLC074074

  • Company No.

    074074

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    22 Sep 1993

  • Date of AGM

    21 Aug 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 Paridhi Finance?

Board Members (5)

Name Designation Appointment Date Status
Raminder Bagga Country flag representing In Director 03-Nov-2009 Current
Jaspreet Bagga Country flag representing In Director 03-Nov-2009 Current
Inderjitsingh Bagga Country flag representing In Director 15-May-2004 Current
Jasmeet Bagga Country flag representing In Director 17-Feb-2007 Current
Gurmit Bagga Country flag representing In Director 24-Jan-2017 Current

Financial Performance of Paridhi Finance.

Paridhi Finance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 33.92% increase. The company also saw a substantial fall in profitability, with a 24.84% decrease in profit. The company's net worth moved up by a moderate rise of 1.97%.

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
33.92%
Revenue from Operations
33.92%
Total Assets
7.39%
Profit or Loss
-24.84%
Net Worth
1.97%
EBITDA
31.91%

What is the Ownership and Shareholding Structure of Paridhi Finance?

In 2023, Paridhi Finance had a promoter holding of 83.41% and a public holding of 16.60%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.40 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.40 Cr

Latest Charge Details

Date Lender Amount Status
13 Jan 2023 Others ₹4.00 M Open

How Many Employees Work at Paridhi Finance?

Unlock and access historical data on people associated with Paridhi 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 Paridhi 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 Paridhi 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 Paridhi Finance

Recent activity within the organization

  • Annual General Meeting

    Paridhi Finance Limited last Annual general meeting of members was held on 21 Aug 2023 as per latest MCA records.

    21 Aug 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 0.40 Cr with Charge ID 100666464 was registered on 13 Jan 2023.

    13 Jan 2023

  • Director Appointment

    Gurmit Kaur Inderjit Singh Bagga was appointed as a Director was appointed as a Director on 24 Jan 2017 & has been associated with this company since 8 years 21 days .

    24 Jan 2017

  • Director Appointment

    Jaspreet Kaur Raminder Bagga was appointed as a Director was appointed as a Director on 03 Nov 2009 & has been associated with this company since 15 years 3 months .

    03 Nov 2009

  • Director Appointment

    Raminder Bagga was appointed as a Director was appointed as a Director on 03 Nov 2009 & has been associated with this company since 15 years 3 months .

    03 Nov 2009

Frequently asked questions

  • Paridhi Finance Limited was incorporated on 22 Sep 1993.

  • The authorized share capital of Paridhi Finance Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.36 Cr.

  • Currently 5 directors are associated with Paridhi Finance Limited.

    • Raminder Bagga
    • Jaspreet Kaur Raminder Bagga
    • Inderjitsingh Pritamsingh Bagga
    • Jasmeet Singh Bagga
    • Gurmit Kaur Inderjit Singh Bagga
  • As per Ministry of Corporate Affairs (Mca), the registered address of Paridhi Finance Limited is Office No 1 Shriji Niketan Building Ground Floor Plot No.541-D Dr. Ambedkar Road Kings, Circle, Mumbai, Maharashtra, India, 400019.

  • The corporate identification number (CIN) of Paridhi Finance Limited is U65990MH1993PLC074074 and the company number is 074074 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Paridhi Finance Limited is https://www.paridhifinanceltd.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Paridhi Finance Limited has risen by 33.92%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Paridhi Finance Limited has experienced an upsurge of 1.97%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Paridhi Finance Limited amount to ₹ 4.00 M.

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

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