Samavesh Finserve Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 13.33 Cr
- Company Age 6 Year, 7 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 96.75 Cr
- Satisfied Charges ₹ 22.50 Cr
- Revenue Growth 95.40%
- Profit Growth 63.37%
- Ebitda 148.30%
- Net Worth 2.45%
- Total Assets 48.68%
About Samavesh Finserve
Samavesh Finserve Private Limited (SFPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 26 February 2019 (Six years 7 days old ). Its registered office is in Varanasi, Uttar Pradesh, 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 15.00 Cr and a paid-up capital of Rs 13.33 Cr.
The company currently has active open charges totaling ₹96.75 Cr. The company has closed loans amounting to ₹22.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Samavesh Finserve Private Limited India are Rajesh Mishra as CEO and Shashank Dubey as Company Secretary. Rajesh Mishra, Vinod Kathuria, Tushar Dhanuka, and Three other members serve as directors at the Company.
Company Details
- Location
Varanasi, Uttar Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65990UP2019PTC114159
- Company No.
114159
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
26 Feb 2019
- Date of AGM
16 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Kanpur
Industry
Financial Services
Who are the key members and board of directors at Samavesh Finserve?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shiv Agrawal  | Managing Director | 26-Feb-2019 | Current |
| Rajesh Mishra | CEO | 20-Jun-2020 | Current |
| Shashank Dubey | Company Secretary | 01-Mar-2020 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Tushar Dhanuka | Director | 26-Feb-2019 | Current |
| Raji Gain | Additional Director | 02-Apr-2024 | Current |
| Rajesh Mishra | Director | 26-Feb-2019 | Current |
| Vinod Kathuria | Director | 17-Jan-2020 | Current |
| Ashok Chaubey | Director | 26-Feb-2019 | Current |
Financial Performance of Samavesh Finserve.
Samavesh Finserve Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 95.4% increase. The company also saw a substantial improvement in profitability, with a 63.37% increase in profit. The company's net worth moved up by a moderate rise of 2.45%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Samavesh Finserve?
In 2023, Samavesh Finserve had a promoter holding of 12.84% and a public holding of 87.16%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Jayaswal Neco Industries LimitedVinod Kathuria is a mutual person
Super Smelters LtdVinod Kathuria is a mutual person
Xl Energy LimitedVinod Kathuria is a mutual person
Western Capital Advisors Private LimitedVinod Kathuria is a mutual person
Sharda Cropchem LimitedVinod Kathuria is a mutual person
Sugmya Finance Private LimitedRaji Gain is a mutual person
Charges (Loans)
Open Charges
₹96.75 Cr
Satisfied Charges
₹22.50 Cr
Charges Breakdown by Lending Institutions
- Others : 76.75 Cr
- State Bank Of India : 20.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Mar 2024 | Others | ₹1.00 Cr | Open |
| 20 Mar 2024 | Others | ₹1.00 Cr | Open |
| 20 Mar 2024 | Others | ₹5.00 Cr | Open |
| 14 Mar 2024 | Others | ₹1.00 Cr | Open |
| 04 Mar 2024 | Others | ₹2.00 Cr | Open |
How Many Employees Work at Samavesh Finserve?
Samavesh Finserve has a workforce of 247 employees as of Mar 23, 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 Samavesh Finserve, 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 Samavesh Finserve'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.
Latest Updates, News, and FAQs on Samavesh Finserve
Recent activity within the organization
- Director Appointment
Raji Thekedathumadam Subramani Gain was appointed as a Additional Director was appointed as a Additional Director on 02 Apr 2024 & has been associated with this company since 11 months 2 days .
- Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100894649 was registered on 28 Mar 2024.
- Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100893122 was registered on 20 Mar 2024.
- Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100894391 was registered on 20 Mar 2024.
- Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100883720 was registered on 14 Mar 2024.
- Charges
A charge registered on 26 Aug 2022 via Charge ID 100604457 with Others was fully satisfied on 07 Mar 2024.
Frequently asked questions
What is the Incorporation or founding date of Samavesh Finserve Private Limited?
Samavesh Finserve Private Limited was incorporated on 26 Feb 2019.
What is authorized share capital and paid-up capital of Samavesh Finserve Private Limited?
The authorized share capital of Samavesh Finserve Private Limited is ₹ 15.00 Cr and paid-up capital is ₹ 13.33 Cr.
Who are the current board members & directors of Samavesh Finserve Private Limited?
Currently 8 directors are associated with Samavesh Finserve Private Limited.
- Rajesh Kumar Mishra
- Vinod Kumar Kathuria
- Tushar Dhanuka
- Ashok Kumar Chaubey
- Raji Thekedathumadam Subramani Gain
- Shiv Kumar Agrawal
- Rajesh Mishra
- Shashank Shekhar Dubey
What is the registered address of Samavesh Finserve Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Samavesh Finserve Private Limited is 602 Tower A 6Th Floor Vinayak Plaza Maldahiya, Varanasi, Uttar Pradesh, India, 221002.
What is the corporate identification number (CIN) and company number of Samavesh Finserve Private Limited?
The corporate identification number (CIN) of Samavesh Finserve Private Limited is U65990UP2019PTC114159 and the company number is 114159 as per Ministry of Corporate Affairs (MCA).
What is the official website of Samavesh Finserve Private Limited?
The Official website of Samavesh Finserve Private Limited is https://www.samaveshmfi.com
What has been the recent revenue trend for Samavesh Finserve Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Samavesh Finserve Private Limited has risen by 95.40%.
How many employees does Samavesh Finserve Private Limited currently have?
As Per 2023 financial reports, 247 employees are currently employed by Samavesh Finserve Private Limited.
What change has been observed in the net worth of Samavesh Finserve Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Samavesh Finserve Private Limited has experienced an upsurge of 2.45%.
What are the total open charges for Samavesh Finserve Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Samavesh Finserve Private Limited amount to ₹ 96.75 Cr.
When was the last Balance Sheet of Samavesh Finserve Private Limited filed with the ROC?
The most recent Balance Sheet for Samavesh Finserve Private Limited was filed with the ROC on 31 Mar 2023.