Park Avenue Fintrade Pvt.Ltd.

Founded in 1995 and headquartered in Jharkhand, India.

1995 | Ranchi, Jharkhand (India) | Active
Last Updated: July 25, 2024

Park Avenue Fintrade.Ltd. Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.98 Cr
  • Company Age 29 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.80 Cr
  • Satisfied Charges ₹ 7.94 Cr
  • Revenue Growth 49.38%
  • Profit Growth 123.72%
  • Ebitda -57.64%
  • Net Worth 8.96%
  • Total Assets -7.27%

About Park Avenue Fintrade.Ltd.

Park Avenue Fintrade Pvt.Ltd. (PAFP) is a Private Limited Indian Non-Government Company incorporated in India on 04 August 1995 and has a history of 29 years and six months. Its registered office is in Ranchi, Jharkhand, 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 2023. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.98 Cr.

The company currently has active open charges totaling ₹4.80 Cr. The company has closed loans amounting to ₹7.94 Cr, as per Ministry of Corporate Affairs (MCA) records.

Bipin Agarwal, Akash Adukia, and Raj Agarwal serve as directors at the Company.

Company Details

  • Location

    Ranchi, Jharkhand, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51109JH1995PTC017836

  • Company No.

    073366

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Aug 1995

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jharkhand

Industry

Financial Services

Who are the key members and board of directors at Park Avenue Fintrade.Ltd.?

Financial Performance of Park Avenue Fintrade.Ltd..

Park Avenue Fintrade Pvt.Ltd., for the financial year ended 2023, experienced significant growth in revenue, with a 49.38% increase. The company also saw a substantial improvement in profitability, with a 123.72% increase in profit. The company's net worth moved up by a moderate rise of 8.96%.

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
49.38%
Revenue from Operations
Total Assets
-7.27%
Profit or Loss
123.72%
Net Worth
8.96%
EBITDA
-57.64%

What is the Ownership and Shareholding Structure of Park Avenue Fintrade.Ltd.?

In 2023, Park Avenue Fintrade.Ltd. had a promoter holding of 30.55% and a public holding of 69.45%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.80 Cr

Satisfied Charges

₹7.94 Cr

Charges Breakdown by Lending Institutions

  • Others : 4.80 Cr

Latest Charge Details

DateLenderAmountStatus
18 Jul 2018Others₹4.80 CrOpen
20 Jan 2011Axis Bank Limited₹1.00 CrSatisfied
24 Jun 2004State Bank Of India₹6.94 CrSatisfied

How Many Employees Work at Park Avenue Fintrade.Ltd.?

Unlock and access historical data on people associated with Park Avenue Fintrade.Ltd., 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 Park Avenue Fintrade.Ltd., 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 Park Avenue Fintrade.Ltd.'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 Park Avenue Fintrade.Ltd.

Recent activity within the organization

  • Annual General Meeting

    Park Avenue Fintrade Pvt.Ltd. last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Park Avenue Fintrade Pvt.Ltd. has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Jharkhand.

    31 Mar 2023

  • Director Appointment

    Bipin Agarwal was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Sep 2021 & has been associated with this company since 3 years 5 months .

    01 Sep 2021

  • Charges

    A charge with Others of Rs. 4.80 Cr registered on 18 Jul 2018 with Charge ID 100195751 was modified on 19 Aug 2021.

    19 Aug 2021

  • Charges

    A charge registered on 24 Jun 2004 via Charge ID 90244794 with State Bank Of India was fully satisfied on 19 Aug 2019.

    19 Aug 2019

  • Charges

    A charge registered on 20 Jan 2011 via Charge ID 10262022 with Axis Bank Limited was fully satisfied on 07 Aug 2019.

    07 Aug 2019

Frequently asked questions

  • What is the Incorporation or founding date of Park Avenue Fintrade Pvt.Ltd.?

    Park Avenue Fintrade Pvt.Ltd. was incorporated on 04 Aug 1995.

  • What is authorized share capital and paid-up capital of Park Avenue Fintrade Pvt.Ltd.?

    The authorized share capital of Park Avenue Fintrade Pvt.Ltd. is ₹ 2.00 Cr and paid-up capital is ₹ 1.98 Cr.

  • Who are the current board members & directors of Park Avenue Fintrade Pvt.Ltd.?

    Currently 3 directors are associated with Park Avenue Fintrade Pvt.Ltd..

    • Bipin Agarwal
    • Akash Adukia
    • Raj Kumar Agarwal
  • What is the registered address of Park Avenue Fintrade Pvt.Ltd.?

    As per Ministry of Corporate Affairs (Mca), the registered address of Park Avenue Fintrade Pvt.Ltd. is 2Nd Floor Vyapar Bhawan Lalji Hirji Road Near Sarjana Chowk Main Road, Ranchi, Jharkhand, India, 834001.

  • What is the corporate identification number (CIN) and company number of Park Avenue Fintrade Pvt.Ltd.?

    The corporate identification number (CIN) of Park Avenue Fintrade Pvt.Ltd. is U51109JH1995PTC017836 and the company number is 073366 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Park Avenue Fintrade Pvt.Ltd.?

    According to the financial reports for the fiscal year 2023, the revenue trend for Park Avenue Fintrade Pvt.Ltd. has risen by 49.38%.

  • What change has been observed in the net worth of Park Avenue Fintrade Pvt.Ltd., and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Park Avenue Fintrade Pvt.Ltd. has experienced an upsurge of 8.96%.

  • What are the total open charges for Park Avenue Fintrade Pvt.Ltd.?

    As per the financial statements for fiscal Year 2023, The total open charges for Park Avenue Fintrade Pvt.Ltd. amount to ₹ 4.80 Cr.

  • When was the last Balance Sheet of Park Avenue Fintrade Pvt.Ltd. filed with the ROC?

    The most recent Balance Sheet for Park Avenue Fintrade Pvt.Ltd. was filed with the ROC on 31 Mar 2023.

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