Swadhaar Finaccess

Empowering urban disadvantaged individuals, particularly women in slum communities, through financial services and support for a better future.

2005 | Mumbai, Maharashtra (India) | Active
Last Updated: January 17, 2025

Swadhaar Finaccess Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 0.60 M
  • Company Age 19 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 1.25 Cr
  • Revenue Growth 134.53%
  • Profit Growth 28.64%
  • Ebitda -12.53%
  • Net Worth -170.42%
  • Total Assets 78.36%

About Swadhaar Finaccess

Swadhaar Finaccess (SF) is a leading Private Not For Profit Company incorporated in India on 04 March 2005 and has a history of 19 years and ten 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 2023. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 0.60 M.

The company has closed loans amounting to ₹1.25 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Veena Mankar, Gulamhusein Vahanvaty, Vikas Mankar, and Two other members 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

    U91990MH2005NPL151790

  • Company No.

    151790

  • Company Classification

    Private Not For Profit Company

  • Incorporation Date

    04 Mar 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

What products or services does Swadhaar Finaccess offer?

Swadhaar Finaccess offers a wide range of products and services, including Solar & Renewable Energy Products, Energy Conservation Equipment.

Who are the key members and board of directors at Swadhaar Finaccess?

Board Members (5)

Name Designation Appointment Date Status
Veena Mankar Country flag representing In Director 14-Feb-2017 Current
Gulamhusein Vahanvaty Country flag representing In Director 06-May-2015 Current
Vikas Mankar Country flag representing In Director 08-Nov-2008 Current
Ramya Duraiswamy Country flag representing Gb Director 26-Oct-2016 Current
Dharini Mathur Country flag representing In Additional Director 26-Jun-2024 Current

Financial Performance of Swadhaar Finaccess.

Swadhaar Finaccess, for the financial year ended 2023, experienced significant growth in revenue, with a 134.53% increase. The company also saw a substantial improvement in profitability, with a 28.64% increase in profit. The company's net worth observed a substantial decline by a decrease of 170.42%.

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
134.53%
Revenue from Operations
132.69%
Total Assets
78.36%
Profit or Loss
28.64%
Net Worth
-170.42%
EBITDA
-12.53%

What is the Ownership and Shareholding Structure of Swadhaar Finaccess?

In 2023, Swadhaar Finaccess had a promoter holding of 83.33% and a public holding of 16.67%. 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

₹12.50 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.75 Cr
  • Icici Bank Limited : 0.50 Cr

Latest Charge Details

Date Lender Amount Status
29 Oct 2007 Hdfc Bank Limited ₹5.00 M Satisfied
24 Apr 2007 Hdfc Bank Limited ₹2.50 M Satisfied
12 May 2006 Icici Bank Limited ₹5.00 M Satisfied

How Many Employees Work at Swadhaar Finaccess?

Swadhaar Finaccess has a workforce of 361 employees as of Apr 08, 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 Swadhaar Finaccess, 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 Swadhaar Finaccess'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 Swadhaar Finaccess

Recent activity within the organization

  • Director Appointment

    Dharini Mathur was appointed as a Additional Director was appointed as a Additional Director on 26 Jun 2024 & has been associated with this company since 7 months 7 days .

    26 Jun 2024

  • Annual General Meeting

    Swadhaar Finaccess last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Swadhaar Finaccess has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Veena Vikas Mankar was appointed as a Director was appointed as a Director on 14 Feb 2017 & has been associated with this company since 7 years 11 months .

    14 Feb 2017

  • Director Appointment

    Ramya Duraiswamy was appointed as a Director was appointed as a Director on 26 Oct 2016 & has been associated with this company since 8 years 3 months .

    26 Oct 2016

  • Director Appointment

    Gulamhusein Asgeraly Vahanvaty was appointed as a Director was appointed as a Director on 06 May 2015 & has been associated with this company since 9 years 8 months .

    06 May 2015

Frequently asked questions

  • Swadhaar Finaccess was incorporated on 04 Mar 2005.

  • The authorized share capital of Swadhaar Finaccess is ₹ 2.50 M and paid-up capital is ₹ 0.60 M.

  • Currently 5 directors are associated with Swadhaar Finaccess.

    • Veena Vikas Mankar
    • Gulamhusein Asgeraly Vahanvaty
    • Vikas Bhagwan Mankar
    • Ramya Duraiswamy
    • Dharini Mathur
  • As per Ministry of Corporate Affairs (Mca), the registered address of Swadhaar Finaccess is Flat No. 603 517 Shree Prasad, 35Th Road Tps Iii India, Mumbai, Maharashtra, 400050.

  • The corporate identification number (CIN) of Swadhaar Finaccess is U91990MH2005NPL151790 and the company number is 151790 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Swadhaar Finaccess is https://www.swadhaar.org

  • According to the financial reports for the fiscal year 2023, the revenue trend for Swadhaar Finaccess has risen by 134.53%.

  • As Per 2023 financial reports, 361 employees are currently employed by Swadhaar Finaccess.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Swadhaar Finaccess has experienced an downturn of -170.42%.

  • The most recent Balance Sheet for Swadhaar Finaccess was filed with the ROC on 31 Mar 2023.

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