Sunask Finance Ltd

Provides financial services such as money lending with or without securities.

1992 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Sunask Finance Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.55 Cr
  • Company Age 32 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 4.00 M
  • Revenue Growth -12.06%
  • Profit Growth 17.83%
  • Ebitda 14.58%
  • Net Worth 0.91%
  • Total Assets -12.34%

About Sunask Finance

Sunask Finance Ltd (SFL) is a Public Limited Indian Non-Government Company incorporated in India on 29 May 1992 and has a history of 32 years and 11 months. Its registered office is in Chennai, Tamil Nadu, 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 3.00 Cr and a paid-up capital of Rs 2.55 Cr.

The company has closed loans amounting to ₹4.00 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Rajesh Singhvi, Ashok Mehta, Abhay Mehta, and One other member serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65191TN1992PLC022774

  • Company No.

    022774

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 May 1992

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services
Company report

Sunask Finance Ltd

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

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

Board Members (4)

NameDesignationAppointment DateStatus
Rajesh Singhvi Country flag representing In Director 30-Sep-2022Current
Ashok Mehta Country flag representing In Director 29-May-1992Current
Abhay Mehta Country flag representing In Director 16-Jun-2003Current
Arun Bafna Country flag representing In Director 19-Dec-2021Current

Financial Performance of Sunask Finance.

Sunask Finance Ltd, for the financial year ended 2022, experienced significant reduction in revenue, with a 12.06% decrease. The company also saw a substantial improvement in profitability, with a 17.83% increase in profit. The company's net worth moved up by a moderate rise of 0.91%.

Sunask Finance revenue growth over time
Sunask 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
-12.06%
Revenue from Operations
-12.44%
Total Assets
-12.34%
Profit or Loss
17.83%
Net Worth
0.91%
EBITDA
14.58%

What is the Ownership and Shareholding Structure of Sunask Finance?

In 2022, Sunask Finance 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

₹0.40 Cr

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 0.40 Cr

Latest Charge Details

DateLenderAmountStatus
18 Aug 2004Indian Overseas Bank₹4.00 MSatisfied

How Many Employees Work at Sunask Finance?

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

Employee growth trends for Sunask Finance Ltd

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Sunask Finance Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Director Appointment

    Rajesh Singhvi was appointed as a Director was appointed as a Director on 30 Sep 2022 & has been associated with this company since 2 years 7 months .

  • Charges

    A charge registered on 18 Aug 2004 via Charge ID 90282507 with Indian Overseas Bank was fully satisfied on 10 May 2022.

  • Director Appointment

    Arun Ajit Bafna was appointed as a Director was appointed as a Director on 19 Dec 2021 & has been associated with this company since 3 years 4 months .

  • Charges

    A charge with Indian Overseas Bank of Rs. 0.40 Cr registered on 18 Aug 2004 with Charge ID 90282507 was modified on 24 Jul 2008.

Frequently asked questions

  • What is the Incorporation or founding date of Sunask Finance Ltd?

    Sunask Finance Ltd was incorporated on 29 May 1992.

  • What is authorized share capital and paid-up capital of Sunask Finance Ltd?

    The authorized share capital of Sunask Finance Ltd is ₹ 3.00 Cr and paid-up capital is ₹ 2.55 Cr.

  • Who are the current board members & directors of Sunask Finance Ltd?

    Currently 4 directors are associated with Sunask Finance Ltd.

    • Rajesh Singhvi
    • Ashok Mehta
    • Abhay Kumar Mehta
    • Arun Ajit Bafna

  • What is the registered address of Sunask Finance Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sunask Finance Ltd is Brooklyn Centre 6Th Floor 103 104 105 Poonamalle High Road India, Chennai, Tamil Nadu, 600084.

  • What is the corporate identification number (CIN) and company number of Sunask Finance Ltd?

    The corporate identification number (CIN) of Sunask Finance Ltd is U65191TN1992PLC022774 and the company number is 022774 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Sunask Finance Ltd?

    According to the financial reports for the fiscal year 2022, the revenue trend for Sunask Finance Ltd has fallen by -12.06%.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Sunask Finance Ltd has experienced an upsurge of 0.91%.

  • When was the last Balance Sheet of Sunask Finance Ltd filed with the ROC?

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

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