Sarnath Finance Limited

Provides financial and insurance services, specializing in hire purchase and leasing of various vehicles and goods.

1989 | Bareilly, Uttar Pradesh (India) | Active
Last Updated:

Sarnath Finance Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 35 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 19.00 Cr
  • Satisfied Charges ₹ 14.67 Cr
  • Revenue Growth 24.90%
  • Profit Growth 57.34%
  • Ebitda -69.58%
  • Net Worth 1.24%
  • Total Assets 1.52%

About Sarnath Finance

Sarnath Finance Limited (SFL) is a Public Limited Indian Non-Government Company incorporated in India on 29 June 1989 and has a history of 35 years and ten months. Its registered office is in Bareilly, Uttar Pradesh, India.

The Corporate was formerly known as Sarnath Hire Purchase 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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 2.00 Cr.

The company currently has active open charges totaling ₹19.00 Cr. The company has closed loans amounting to ₹14.67 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ravi Agarwal, Sangeeta Agarwal, Tushar Agarwal, and One other member serve as directors at the Company.

Company Details

  • Location

    Bareilly, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65921UP1989PLC010901

  • Company No.

    010901

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Jun 1989

  • Date of AGM

    25 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Financial Services
Company report

Sarnath Finance Limited

Explore comprehensive data for Sarnath Finance Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Tushar Agarwal Country flag representing In Managing Director20-Apr-2013Current

Board Members (3)

NameDesignationAppointment DateStatus
Ravi Agarwal Country flag representing In Director 29-Jun-1989Current
Sangeeta Agarwal Country flag representing In Director 29-Jun-1989Current
Tarun Agarwal Country flag representing In Director 28-Aug-2020Current

Financial Performance of Sarnath Finance.

Sarnath Finance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 24.9% increase. The company also saw a substantial improvement in profitability, with a 57.34% increase in profit. The company's net worth moved up by a moderate rise of 1.24%.

Sarnath Finance revenue growth over time
Sarnath Finance 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
24.90%
Revenue from Operations
17.90%
Total Assets
1.52%
Profit or Loss
57.34%
Net Worth
1.24%
EBITDA
-69.58%

What is the Ownership and Shareholding Structure of Sarnath Finance?

In 2023, Sarnath Finance had a promoter holding of 99.99% and a public holding of 0.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹19.00 Cr

Satisfied Charges

₹14.67 Cr

Charges Breakdown by Lending Institutions

  • Others : 16.50 Cr
  • Tata Capital Housing Finance Limited : 2.50 Cr

Latest Charge Details

DateLenderAmountStatus
21 Mar 2023Others₹16.50 CrOpen
31 Oct 2018Tata Capital Housing Finance Limited₹2.50 CrOpen
17 Sep 2021State Bank Of India₹9.75 CrSatisfied
28 Mar 2013State Bank Of India₹4.92 CrSatisfied

How Many Employees Work at Sarnath Finance?

Unlock and access historical data on people associated with Sarnath Finance, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Sarnath Finance Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Sarnath Finance Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.

  • Balance Sheet

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

  • Charges

    A charge with Others amounted to Rs. 16.50 Cr with Charge ID 100688334 was registered on 21 Mar 2023.

  • Charges

    A charge registered on 17 Sep 2021 via Charge ID 100494238 with State Bank Of India was fully satisfied on 14 Mar 2023.

  • Charges

    A charge with State Bank Of India of Rs. 9.75 Cr registered on 17 Sep 2021 with Charge ID 100494238 was modified on 06 Oct 2022.

  • Charges

    A charge registered on 28 Mar 2013 via Charge ID 10426957 with State Bank Of India was fully satisfied on 25 Oct 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Sarnath Finance Limited?

    Sarnath Finance Limited was incorporated on 29 Jun 1989.

  • What is authorized share capital and paid-up capital of Sarnath Finance Limited?

    The authorized share capital of Sarnath Finance Limited is ₹ 5.00 Cr and paid-up capital is ₹ 2.00 Cr.

  • Who are the current board members & directors of Sarnath Finance Limited?

    Currently 4 directors are associated with Sarnath Finance Limited.

    • Ravi Agarwal
    • Sangeeta Agarwal
    • Tushar Agarwal
    • Tarun Agarwal

  • What is the registered address of Sarnath Finance Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sarnath Finance Limited is 35 I 1A Rampur Gardenopposite Prabha Cimema Bareilly India, Uttar Pradesh, 243005.

  • What is the corporate identification number (CIN) and company number of Sarnath Finance Limited?

    The corporate identification number (CIN) of Sarnath Finance Limited is U65921UP1989PLC010901 and the company number is 010901 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Sarnath Finance Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Sarnath Finance Limited has risen by 24.90%.

  • What change has been observed in the net worth of Sarnath Finance Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Sarnath Finance Limited has experienced an upsurge of 1.24%.

  • What are the total open charges for Sarnath Finance Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Sarnath Finance Limited amount to ₹ 19.00 Cr.

  • When was the last Balance Sheet of Sarnath Finance Limited filed with the ROC?

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

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