Quintessence Finance Limited

Provides land development, consultancy, finance, investment, and financial market services.

1994 | Mumbai, Maharashtra (India) | Active
Last Updated: December 24, 2024

Quintessence Finance Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 0.83 M
  • Company Age 30 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -57.82%
  • Profit Growth -366.72%
  • Ebitda -611.62%
  • Net Worth -38.01%
  • Total Assets -44.93%

About Quintessence Finance

Quintessence Finance Limited (QFL) is a Public Limited Indian Non-Government Company incorporated in India on 17 August 1994 and has a history of 30 years and five months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Business Outsourcing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 0.83 M, as per Ministry of Corporate Affairs (MCA) records.

Rama Misra, Dilip Goenka, Rani Goenka, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65990MH1994PLC080399

  • Company No.

    080399

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 Aug 1994

  • Date of AGM

    01 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Business Outsourcing
Financial Services
Real Estate and Construction

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

Board Members (4)

Name Designation Appointment Date Status
Ashok Goenka Country flag representing In Director 22-Sep-2008 Current
Rama Misra Country flag representing In Director 17-Aug-1994 Current
Dilip Goenka Country flag representing In Director 10-Feb-2021 Current
Rani Goenka Country flag representing In Director 18-Nov-2019 Current

Financial Performance of Quintessence Finance.

Quintessence Finance Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 57.82% decrease. The company also saw a substantial fall in profitability, with a 366.72% decrease in profit. The company's net worth observed a substantial decline by a decrease of 38.01%.

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
-57.82%
Revenue from Operations
-57.82%
Total Assets
-44.93%
Profit or Loss
-366.72%
Net Worth
-38.01%
EBITDA
-611.62%

What is the Ownership and Shareholding Structure of Quintessence Finance?

In 2022, Quintessence Finance had a promoter holding of 100.00%. 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 Quintessence Finance?

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

Recent activity within the organization

  • Annual General Meeting

    Quintessence Finance Limited last Annual general meeting of members was held on 01 Jul 2024 as per latest MCA records.

    01 Jul 2024

  • Balance Sheet

    Quintessence Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Dilip Banwarilal Goenka was appointed as a Director was appointed as a Director on 10 Feb 2021 & has been associated with this company since 3 years 11 months .

    10 Feb 2021

  • Director Appointment

    Rani Banwarilal Goenka was appointed as a Director was appointed as a Director on 18 Nov 2019 & has been associated with this company since 5 years 2 months .

    18 Nov 2019

  • Director Appointment

    Ashok Kumar Goenka was appointed as a Director was appointed as a Director on 22 Sep 2008 & has been associated with this company since 16 years 4 months .

    22 Sep 2008

  • Director Appointment

    Rama Kant Misra was appointed as a Director was appointed as a Director on 17 Aug 1994 & has been associated with this company since 30 years 5 months .

    17 Aug 1994

Frequently asked questions

  • Quintessence Finance Limited was incorporated on 17 Aug 1994.

  • The authorized share capital of Quintessence Finance Limited is ₹ 2.50 M and paid-up capital is ₹ 0.83 M.

  • Currently 4 directors are associated with Quintessence Finance Limited.

    • Rama Kant Misra
    • Dilip Banwarilal Goenka
    • Rani Banwarilal Goenka
    • Ashok Kumar Goenka
  • As per Ministry of Corporate Affairs (Mca), the registered address of Quintessence Finance Limited is 505 Swastik Chamberscst Road Chembur India, Mumbai, Maharashtra, 400071.

  • The corporate identification number (CIN) of Quintessence Finance Limited is U65990MH1994PLC080399 and the company number is 080399 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Quintessence Finance Limited has fallen by -57.82%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Quintessence Finance Limited has experienced an downturn of -38.01%.

  • The most recent Balance Sheet for Quintessence Finance Limited was filed with the ROC on 31 Mar 2024.

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