Sarnath Finance Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 2.00 Cr
- Company Age 35 Year, 7 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 seven 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
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Location
Bareilly, Uttar Pradesh, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U65921UP1989PLC010901
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Company No.
010901
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
29 Jun 1989
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Date of AGM
25 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Kanpur
Industry
Who are the key members and board of directors at Sarnath Finance?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Tushar Agarwal
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Managing Director | 20-Apr-2013 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Ravi Agarwal
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Director | 29-Jun-1989 | Current |
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Sangeeta Agarwal
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Director | 29-Jun-1989 | Current |
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Tarun Agarwal
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Director | 28-Aug-2020 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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Sarnath Autozone Private LimitedRavi Agarwal and Tarun Agarwal are mutual person
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Radha Rani Infra Developers Private Limited
Tushar Agarwal and Tarun Agarwal are mutual person
Charges (Loans)
₹19.00 Cr
₹14.67 Cr
Charges Breakdown by Lending Institutions
- Others : 16.50 Cr
- Tata Capital Housing Finance Limited : 2.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Mar 2023 | Others | ₹16.50 Cr | Open |
| 31 Oct 2018 | Tata Capital Housing Finance Limited | ₹2.50 Cr | Open |
| 17 Sep 2021 | State Bank Of India | ₹9.75 Cr | Satisfied |
| 28 Mar 2013 | State Bank Of India | ₹4.92 Cr | Satisfied |
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.
Deals i
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
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
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