Piramal Finance Limited

NBFC providing financial services for real estate and education projects in major Indian cities.

1974 | Mumbai, Maharashtra (India) | Merged
Last Updated: January 16, 2025

Piramal Finance Profile

Key Indicators

  • Authorised Capital ₹ 5,000.00 Cr
  • Paid Up Capital ₹ 3,735.51 Cr
  • Company Age 51 Year,
  • Last Filing with ROC 31 Mar 2017
  • Satisfied Charges ₹ 3,050.00 Cr
  • Revenue Growth 947.57%
  • Profit Growth 419.43%
  • Ebitda 1090.88%
  • Net Worth 449.74%
  • Total Assets 2488.94%

About Piramal Finance

Piramal Finance Limited (PFL) is Amalgamated company established on 23 Feb 1974 with its office registered at Mumbai, Maharashtra, India and has been running since 51 Year, with a paid up capital of 3,735.51 Cr. According to MCA records, 7 Directors and 2 Signatories are linked to this company as of 16 Jan 2025.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U99999MH1974PLC129493

  • Company No.

    129493

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Feb 1974

  • Date of AGM

    01 Aug 2017

  • Date of Balance Sheet

    31 Mar 2017

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

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

Executive Team (3)

NameDesignationAppointment DateStatus
Ankit Singh Country flag representing In Company Secretary01-Aug-2016Current
Sachin Deodhar Country flag representing In CFO01-Jul-2017Current
Khushru Jijina Country flag representing In Managing Director06-May-2015Current

Board Members (6)

NameDesignationAppointment DateStatus
Vijay Shah Country flag representing In Director 30-Nov-2012Current
Ajay Piramal Country flag representing In Director 15-Sep-1993Current
Narayanan Vaghul Country flag representing In Director 30-Nov-2012Current
Harish Engineer Country flag representing In Director 13-Mar-2015Current
Anand Piramal Country flag representing In Director 30-Nov-2012Current
Swati Piramal Country flag representing In Director 13-Mar-2015Current

Financial Performance of Piramal Finance.

Piramal Finance Limited, for the financial year ended 2017, experienced significant growth in revenue, with a 947.57% increase. The company also saw a substantial improvement in profitability, with a 419.43% increase in profit. The company's net worth Soared by an impressive increase of 449.74%.

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
947.57%
Revenue from Operations
975.28%
Total Assets
2488.94%
Profit or Loss
419.43%
Net Worth
449.74%
EBITDA
1090.88%

What is the Ownership and Shareholding Structure of Piramal Finance?

In 2017, Piramal Finance had a promoter holding of 100.00%. The company had 2 Subsidiaries. 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

Satisfied Charges

₹3,050.00 Cr

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 2800.00 Cr
  • Hdfc Bank Limited : 100.00 Cr
  • Axis Bank Limited : 100.00 Cr
  • Indusind Bank Ltd. : 50.00 Cr

Latest Charge Details

DateLenderAmountStatus
22 Feb 2017Idbi Trusteeship Services Limited₹300.00 CrSatisfied
02 Dec 2016Idbi Trusteeship Services Limited₹2,000.00 CrSatisfied
28 Nov 2016Idbi Trusteeship Services Limited₹500.00 CrSatisfied
27 Dec 2012Indusind Bank Ltd.₹50.00 CrSatisfied
21 Nov 2012Axis Bank Limited₹100.00 CrSatisfied

How Many Employees Work at Piramal Finance?

Piramal Finance has a workforce of 232 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Piramal 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 Piramal 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 Piramal Finance

Recent activity within the organization

  • Charges

    A charge registered on 22 Feb 2017 via Charge ID 100081212 with Idbi Trusteeship Services Limited was fully satisfied on 18 Apr 2018.

    18 Apr 2018

  • Charges

    A charge registered on 28 Nov 2016 via Charge ID 100069076 with Idbi Trusteeship Services Limited was fully satisfied on 04 Jan 2018.

    04 Jan 2018

  • Charges

    A charge registered on 02 Dec 2016 via Charge ID 100078989 with Idbi Trusteeship Services Limited was fully satisfied on 24 Aug 2017.

    24 Aug 2017

  • Annual General Meeting

    Piramal Finance Limited last Annual general meeting of members was held on 01 Aug 2017 as per latest MCA records.

    01 Aug 2017

  • Director Appointment

    Sachin Prabhakar Deodhar was appointed as a Cfo was appointed as a Cfo on 01 Jul 2017 & has been associated with this company since 7 years 7 months .

    01 Jul 2017

  • Balance Sheet

    Piramal Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Mumbai.

    31 Mar 2017

Recent News, Updates & Announcement

Frequently asked questions

  • Piramal Finance Limited was incorporated on 23 Feb 1974.

  • The authorized share capital of Piramal Finance Limited is ₹ 5,000.00 Cr and paid-up capital is ₹ 3,735.51 Cr.

  • Currently 9 directors are associated with Piramal Finance Limited.

    • Narayanan Vaghul
    • Vijay Kantilal Shah
    • Ajay Gopikisan Piramal
    • Harish Hansubhai Engineer
    • Ankit Singh
    • Sachin Prabhakar Deodhar
    • Anand Ajay Piramal
    • Khushru Burjor Jijina
    • Swati Ajay Piramal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Piramal Finance Limited is Piramal Tower B Wing Ground Floor Peninsula Corporate Park G.K. Marg, Low Er Parel India, Mumbai, Maharashtra, 400013.

  • The corporate identification number (CIN) of Piramal Finance Limited is U99999MH1974PLC129493 and the company number is 129493 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Piramal Finance Limited is https://www.piramalfinanceprivatelimited.com

  • According to the financial reports for the fiscal year 2017, the revenue trend for Piramal Finance Limited has risen by 947.57%.

  • As Per 2017 financial reports, 232 employees are currently employed by Piramal Finance Limited.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Piramal Finance Limited has experienced an upsurge of 449.74%.

  • The most recent Balance Sheet for Piramal Finance Limited was filed with the ROC on 31 Mar 2017.

People also Viewed

Similar Companies Based on NBFC