Shah Financial Services Limited

Shah Financial Services Limited

Provides NBFC services since 1996, based in Mumbai, Maharashtra.
1996 | Mumbai, Maharashtra (India) | Active

Last Updated:

December 15, 2024
HomeCompanyShah Financial Services Limited

Who are the key members and board of directors at Shah Financial Services?

Executive Team (2)

NameDesignationAppointment DateStatus
Ashok Shah InManaging Director05-Aug-1996Current
Mahesh Maru InCFO30-Nov-2021Current

Board Members(5)

NameDesignationAppointment DateStatus
Hirenbhai Prajapati In Director 01-Jan-2021Current
Girish Shetty In Director 30-Aug-2008Current
Mahesh Maru In Whole-Time Director and Cfo 05-Aug-1996Current
Mahendra Shah In Director 05-Aug-1996Current
Bharat Dixit In Director 01-Jan-2021Current

Financial Performance and Corporate Structure Insights of Shah Financial Services.

Shah Financial Services Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 206.38% increase. The company also saw a substantial improvement in profitability, with a 233.69% increase in profit. The company's net worth moved up by a moderate rise of 1.47%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
206.38%
Revenue from Operations
247.85%
Total Assets
-1.49%
Profit or Loss
233.69%
Net Worth
1.47%
EBITDA
1116.37%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹131.66 Cr

₹279.16 Cr

LenderAmountStatus

Others

Creation Date: 19 Mar 2019
₹131.66 CrOpen

Indostar Capital Finance Limited

Creation Date: 17 Jun 2014
₹279.16 CrSatisfied

How Many Employees Work at Shah Financial Services?

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

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Latest Updates, News, and FAQs on Shah Financial Services

Recent activity within the organization

  • Annual General Meeting

    Shah Financial Services Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others of Rs. 131.66 Cr registered on 19 Mar 2019 with Charge ID 100250051 was modified on 07 Jun 2023.

    07 Jun 2023

  • Balance Sheet

    Shah Financial Services Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Mahesh Khetsi Maru was appointed as a Cfo was appointed as a Cfo on 30 Nov 2021 & has been associated with this company since 3 years 21 days .

    30 Nov 2021

  • Director Appointment

    Hirenbhai Vinodrai Prajapati was appointed as a Director was appointed as a Director on 01 Jan 2021 & has been associated with this company since 3 years 11 months .

    01 Jan 2021

  • Director Appointment

    Bharat Dixit was appointed as a Director was appointed as a Director on 01 Jan 2021 & has been associated with this company since 3 years 11 months .

    01 Jan 2021

Frequently asked questions

  • Shah Financial Services Limited was incorporated on 05 Aug 1996.

  • The authorized share capital of Shah Financial Services Limited is ₹ 15.50 Cr and paid-up capital is ₹ 13.89 Cr.

  • Currently 7 directors are associated with Shah Financial Services Limited.

    • Girish Sarvotham Shetty
    • Mahesh Khetsi Maru
    • Ashok Zaverchand Shah
    • Mahendra Hirji Shah
    • Hirenbhai Vinodrai Prajapati
    • Bharat Dixit
    • Mahesh Khetsi Maru
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shah Financial Services Limited is Office No. 209 2Nd Floor M. L. Spaces Dashrathlal Joshi Road Vile Parle (West ), India, Mumbai, Maharashtra, 400056.

  • The corporate identification number (CIN) of Shah Financial Services Limited is U67120MH1996PLC101623 and the company number is 101623 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Shah Financial Services Limited has risen by 206.38%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Shah Financial Services Limited has experienced an upsurge of 1.47%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Shah Financial Services Limited amount to ₹ 131.66 Cr.

  • The most recent Balance Sheet for Shah Financial Services Limited was filed with the ROC on 31 Mar 2023.

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