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
Last Updated: November 16, 2024

Sheikh Farid Finvest Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 6.96 Cr
  • Company Age 28 Year, 10 Months
  • 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 28 years and ten months. 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. Hari Singh, Handeep Singh, Gurpreet 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

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
Hari Singh Country flag representing In Director 31-Oct-2020 Current
Handeep Singh Country flag representing In Director 31-Oct-2020 Current
Gurpreet Singh Country flag representing In Director 29-Jul-2021 Current
Vivek Garg Country flag representing In Whole-Time Director 01-Sep-2009 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%.

Graph illustrating revenue growth over time
Graph showing 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
-28.93%
Revenue from Operations
Total Assets
13.17%
Profit or Loss
45.90%
Net Worth
1246.70%
EBITDA
-119.34%

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.

Shareholding Indicator graph

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    30 Sep 2023

  • Balance Sheet

    Sheikh Farid Finvest Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge registered on 28 Oct 2019 via Charge ID 100313309 with Hdfc Bank Limited was fully satisfied on 19 Mar 2022.

    19 Mar 2022

  • Charges

    A charge registered on 31 Jan 2020 via Charge ID 100322635 with Others was fully satisfied on 12 Feb 2022.

    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 6 months .

    29 Jul 2021

  • Charges

    A charge registered on 24 Jul 2010 via Charge ID 10231170 with Punjab National Bank was fully satisfied on 24 May 2021.

    24 May 2021

Frequently asked questions

  • Sheikh Farid Finvest Limited was incorporated on 18 Mar 1996.

  • The authorized share capital of Sheikh Farid Finvest Limited is ₹ 10.00 Cr and paid-up capital is ₹ 6.96 Cr.

  • Currently 5 directors are associated with Sheikh Farid Finvest Limited.

    • Hari Singh
    • Sahil Patpatia
    • Handeep Singh
    • Gurpreet Singh
    • Vivek Garg
  • 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.

  • 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).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sheikh Farid Finvest Limited has fallen by -28.93%.

  • As Per 2023 financial reports, 1 employees are currently employed by Sheikh Farid Finvest Limited.

  • 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%.

  • The most recent Balance Sheet for Sheikh Farid Finvest Limited was filed with the ROC on 31 Mar 2023.

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