Sheikh Farid Finvest Limited
NBFC providing vehicle financing in rural regions of Punjab with ticket size of Rs 60,000 to Rs 10,00,000.
1996 | Patiala, Punjab (India) | Active
Sheikh Farid Finvest Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 6.96 Cr
- Company Age 29 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 10.80 Cr
- Revenue Growth -28.93%
- Profit Growth 45.90%
- Ebitda -119.34%
- Net Worth 1246.70%
- Total Assets 13.17%
About Sheikh Farid Finvest
Sheikh Farid Finvest Limited (SFFL) is a Public Limited Indian Non-Government Company incorporated in India on 18 March 1996 and has a history of 29 years and one month. Its registered office is in Patiala, Punjab, 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 10.00 Cr and a paid-up capital of Rs 6.96 Cr.
The company has closed loans amounting to ₹10.80 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Sheikh Farid Finvest Limited India is Sahil Patpatia as COMPANY SECRETARY. Vivek Garg, Gurpreet Singh, Hari Singh, and One other member serve as directors at the Company.
Company Details
- Location
Patiala, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65920PB1996PLC017876
- Company No.
017876
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
18 Mar 1996
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Financial Services
Sheikh Farid Finvest Limited
Explore comprehensive data for Sheikh Farid Finvest Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Sheikh Farid Finvest?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sahil Patpatia | Company Secretary | 01-Sep-2014 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vivek Garg  | Whole-Time Director | 01-Sep-2009 | Current |
| Gurpreet Singh | Director | 29-Jul-2021 | Current |
| Hari Singh | Director | 31-Oct-2020 | Current |
| Handeep Singh | Director | 31-Oct-2020 | Current |
Financial Performance of Sheikh Farid Finvest.
Sheikh Farid Finvest Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 28.93% decrease. The company also saw a substantial improvement in profitability, with a 45.9% increase in profit. The company's net worth Soared by an impressive increase of 1246.7%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Sheikh Farid Finvest?
In 2023, Sheikh Farid Finvest had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sheikh Farid Automobiles LimitedVivek Garg is a mutual person
Preet Power Transmission Private LimitedGurpreet Singh and Hari Singh are mutual person
Preet Tractors Private LimitedGurpreet Singh and Hari Singh are mutual person
Preet Agro Industries Private LimitedGurpreet Singh, Hari Singh and 1 more are mutual person
- Agsam Business Solutions Llp
Gurpreet Singh is a mutual person
- Deep Spares Private Limited
Gurpreet Singh, Hari Singh and 1 more are mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹10.80 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 6.50 Cr
- Punjab National Bank : 3.65 Cr
- Others : 0.50 Cr
- Hdfc Bank Limited : 0.15 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jan 2020 | Others | ₹5.00 M | Satisfied |
| 28 Oct 2019 | Hdfc Bank Limited | ₹1.50 M | Satisfied |
| 27 Dec 2011 | Canara Bank | ₹6.50 Cr | Satisfied |
| 14 Sep 2010 | Punjab National Bank | ₹5.25 M | Satisfied |
| 24 Jul 2010 | Punjab National Bank | ₹1.20 M | Satisfied |
How Many Employees Work at Sheikh Farid Finvest?
Sheikh Farid Finvest has a workforce of 1 employees as of Apr 01, 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 Sheikh Farid Finvest, 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 Sheikh Farid Finvest'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 Sheikh Farid Finvest
Recent activity within the organization
- Annual General Meeting
Sheikh Farid Finvest Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Sheikh Farid Finvest Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.
- Charges
A charge registered on 28 Oct 2019 via Charge ID 100313309 with Hdfc Bank Limited was fully satisfied on 19 Mar 2022.
- Charges
A charge registered on 31 Jan 2020 via Charge ID 100322635 with Others was fully satisfied on 12 Feb 2022.
- Director Appointment
Gurpreet Singh was appointed as a Director was appointed as a Director on 29 Jul 2021 & has been associated with this company since 3 years 9 months .
- Charges
A charge registered on 24 Jul 2010 via Charge ID 10231170 with Punjab National Bank was fully satisfied on 24 May 2021.
Frequently asked questions
What is the Incorporation or founding date of Sheikh Farid Finvest Limited?
Sheikh Farid Finvest Limited was incorporated on 18 Mar 1996.
What is authorized share capital and paid-up capital of Sheikh Farid Finvest Limited?
The authorized share capital of Sheikh Farid Finvest Limited is ₹ 10.00 Cr and paid-up capital is ₹ 6.96 Cr.
Who are the current board members & directors of Sheikh Farid Finvest Limited?
Currently 5 directors are associated with Sheikh Farid Finvest Limited.
- Vivek Garg
- Gurpreet Singh
- Hari Singh
- Handeep Singh
- Sahil Patpatia
What is the registered address of Sheikh Farid Finvest Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Sheikh Farid Finvest Limited is The Premises Of Preet Tractors Pvt. Ltd. Patiala Road India, Nabha, Punjab, 147201.
What is the corporate identification number (CIN) and company number of Sheikh Farid Finvest Limited?
The corporate identification number (CIN) of Sheikh Farid Finvest Limited is U65920PB1996PLC017876 and the company number is 017876 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Sheikh Farid Finvest Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Sheikh Farid Finvest Limited has fallen by -28.93%.
How many employees does Sheikh Farid Finvest Limited currently have?
As Per 2023 financial reports, 1 employees are currently employed by Sheikh Farid Finvest Limited.
What change has been observed in the net worth of Sheikh Farid Finvest Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Sheikh Farid Finvest Limited has experienced an upsurge of 1246.70%.
When was the last Balance Sheet of Sheikh Farid Finvest Limited filed with the ROC?
The most recent Balance Sheet for Sheikh Farid Finvest Limited was filed with the ROC on 31 Mar 2023.
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