Svasti Foundation Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
- Paid Up Capital ₹ 0.20 K
- Company Age 16 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.50 Cr
- Revenue Growth -100.00%
- Profit Growth 98.64%
- Ebitda 100.00%
- Net Worth -0.37%
- Total Assets %
About Svasti Foundation
Svasti Foundation (SF) is a Private Not For Profit Company incorporated in India on 13 August 2008 and has a history of 16 years and seven months. Its registered office is in Mumbai, Maharashtra, 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 0.10 M and a paid-up capital of Rs 0.20 K .
The company currently has active open charges totaling ₹1.50 Cr.
Bhagavathi Subramaniam and Arunkumar Padmanabhan serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U80301MH2008NPL185775
- Company No.
185775
- Company Classification
Private Not For Profit Company
- Incorporation Date
13 Aug 2008
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
Who are the key members and board of directors at Svasti Foundation?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Arunkumar Padmanabhan  | Director | 14-Aug-2008 | Current |
| Bhagavathi Subramaniam | Director | 13-Aug-2008 | Current |
Financial Performance of Svasti Foundation.
Svasti Foundation, for the financial year ended 2022, experienced significant reduction in revenue, with a 100% decrease. The company also saw a substantial improvement in profitability, with a 98.64% increase in profit. The company's net worth dipped by a decrease of 0.37%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Svasti Foundation?
In 2023, Svasti Foundation 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)
- Svasti Microfinance Private Limited
Bhagavathi Subramaniam and Arunkumar Padmanabhan are mutual person
- Svasti Financial Services Private Limited
Bhagavathi Subramaniam and Arunkumar Padmanabhan are mutual person
Ardhanareeswaran Properties Private LimitedArunkumar Padmanabhan is a mutual person
Charges (Loans)
Open Charges
₹15.00 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Abn Amro Bank N V : 1.00 Cr
- Indian Overseas Bank : 0.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Apr 2010 | Indian Overseas Bank | ₹5.00 M | Open |
| 14 Sep 2009 | Abn Amro Bank N V | ₹1.00 Cr | Open |
How Many Employees Work at Svasti Foundation?
Unlock and access historical data on people associated with Svasti Foundation, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Svasti Foundation, 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 Svasti Foundation'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 Svasti Foundation
Recent activity within the organization
- Annual General Meeting
Svasti Foundation last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Svasti Foundation has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Indian Overseas Bank amounted to Rs. 5.00 M with Charge ID 10227009 was registered on 19 Apr 2010.
- Charges
A charge with Abn Amro Bank N V amounted to Rs. 10.00 M with Charge ID 10176694 was registered on 14 Sep 2009.
- Director Appointment
Arunkumar Padmanabhan was appointed as a Director was appointed as a Director on 14 Aug 2008 & has been associated with this company since 16 years 7 months .
- Director Appointment
Bhagavathi Narayanan Subramaniam was appointed as a Director was appointed as a Director on 13 Aug 2008 & has been associated with this company since 16 years 7 months .
Recent News, Updates & Announcement
Svasti Microfinance: Empowering the Poor with Help from Generous Donors.Small company gets big money from rich guys to help more poor guys. They wanna be more than just loans, like insurance and stuff. They already help lots of people in 4 states. They wanna help even more and be famous for it. #SvastiMicrofinance #HelpingThePoor #RichGuysGivingMoney.
Frequently asked questions
What is the Incorporation or founding date of Svasti Foundation?
Svasti Foundation was incorporated on 13 Aug 2008.
What is authorized share capital and paid-up capital of Svasti Foundation?
The authorized share capital of Svasti Foundation is ₹ 0.10 M and paid-up capital is ₹ 0.20 K .
Who are the current board members & directors of Svasti Foundation?
Currently 2 directors are associated with Svasti Foundation.
- Bhagavathi Narayanan Subramaniam
- Arunkumar Padmanabhan
What is the registered address of Svasti Foundation?
As per Ministry of Corporate Affairs (Mca), the registered address of Svasti Foundation is 307 Flying Colours Pandit Dindayal Upadhyay L.B.S. Cross Road, Mulund West India, Mumbai, Maharashtra, 400068.
What is the corporate identification number (CIN) and company number of Svasti Foundation?
The corporate identification number (CIN) of Svasti Foundation is U80301MH2008NPL185775 and the company number is 185775 as per Ministry of Corporate Affairs (MCA).
What is the official website of Svasti Foundation?
The Official website of Svasti Foundation is https://www.svasti.in
What has been the recent revenue trend for Svasti Foundation?
According to the financial reports for the fiscal year 2022, the revenue trend for Svasti Foundation has fallen by -100.00%.
What change has been observed in the net worth of Svasti Foundation, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Svasti Foundation has experienced an downturn of -0.37%.
What are the total open charges for Svasti Foundation?
As per the financial statements for fiscal Year 2022, The total open charges for Svasti Foundation amount to ₹ 1.50 Cr.
When was the last Balance Sheet of Svasti Foundation filed with the ROC?
The most recent Balance Sheet for Svasti Foundation was filed with the ROC on 31 Mar 2024.
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