Simandhar Finance Limited

Provides financial services to individuals, firms, and enterprises for various purposes since 1995.

1995 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Simandhar Finance Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.35 Cr
  • Company Age 30 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.87 Cr
  • Revenue Growth 66.94%
  • Profit Growth 162.64%
  • Ebitda 210.77%
  • Net Worth 6.33%
  • Total Assets 5.94%

About Simandhar Finance

Simandhar Finance Limited (SFL) is a Public Limited Indian Non-Government Company incorporated in India on 10 January 1995 and has a history of 30 years and four months. Its registered office is in Ahmedabad, Gujarat, 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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 3.35 Cr.

The company currently has active open charges totaling ₹2.87 Cr.

The Key Managerial Personnel (KMP) at Simandhar Finance Limited India is Alpesh Shah as CFO. Hiral Shah, Alpesh Shah, Subhashbhai Shah, and One other member serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L65910GJ1995PLC024158

  • Company No.

    024158

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Jan 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Financial Services
Company report

Simandhar Finance Limited

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

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

Executive Team (2)

NameDesignationAppointment DateStatus
Alpesh Shah Country flag representing In CFO08-Oct-2018Current
Subhashbhai Shah Country flag representing In Managing Director10-Jan-1995Current

Board Members (2)

NameDesignationAppointment DateStatus
Hiral Shah Country flag representing In Director 01-Mar-2013Current
Manubhai Shah Country flag representing In Director 06-Apr-2017Current

Financial Performance of Simandhar Finance.

Simandhar Finance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 66.94% increase. The company also saw a substantial improvement in profitability, with a 162.64% increase in profit. The company's net worth moved up by a moderate rise of 6.33%.

Simandhar Finance revenue growth over time
Simandhar 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
66.94%
Revenue from Operations
83.30%
Total Assets
5.94%
Profit or Loss
162.64%
Net Worth
6.33%
EBITDA
210.77%

What is the Ownership and Shareholding Structure of Simandhar Finance?

In 2023, Simandhar Finance had a promoter holding of 52.04% and a public holding of 47.96%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.87 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 1.60 Cr
  • Axis Bank Limited : 0.77 Cr
  • Dena Bank : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
07 Mar 2024Others₹1.60 CrOpen
29 Oct 2021Axis Bank Limited₹7.65 MOpen
22 Jan 1997Dena Bank₹5.00 MOpen

How Many Employees Work at Simandhar Finance?

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

Employee growth trends for Simandhar Finance Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Simandhar Finance Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

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

  • Charges

    A charge with Others amounted to Rs. 1.60 Cr with Charge ID 100883766 was registered on 07 Mar 2024.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.77 Cr with Charge ID 100498951 was registered on 29 Oct 2021.

  • Director Appointment

    Alpesh Subhashbhai Shah was appointed as a Cfo was appointed as a Cfo on 08 Oct 2018 & has been associated with this company since 6 years 7 months .

  • Director Appointment

    Manubhai Ratilal Shah was appointed as a Director was appointed as a Director on 06 Apr 2017 & has been associated with this company since 8 years 1 month .

Frequently asked questions

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

    Simandhar Finance Limited was incorporated on 10 Jan 1995.

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

    The authorized share capital of Simandhar Finance Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.35 Cr.

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

    Currently 5 directors are associated with Simandhar Finance Limited.

    • Alpesh Subhashbhai Shah
    • Hiral Alpeshbhai Shah
    • Alpesh Subhashbhai Shah
    • Subhashbhai Nathalal Shah
    • Manubhai Ratilal Shah
  • What is the registered address of Simandhar Finance Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Simandhar Finance Limited is Simandhar Avenue 8 Kailashsociety Nr H K House Ashram Road India, Ahmedabad, Gujarat, 380014.

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

    The corporate identification number (CIN) of Simandhar Finance Limited is L65910GJ1995PLC024158 and the company number is 024158 as per Ministry of Corporate Affairs (MCA).

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Simandhar Finance Limited has risen by 66.94%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Simandhar Finance Limited has experienced an upsurge of 6.33%.

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

    As per the financial statements for fiscal Year 2023, The total open charges for Simandhar Finance Limited amount to ₹ 2.87 Cr.

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

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

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