Swara Fincare Profile
Key Indicators
- Authorised Capital ₹ 32.60 Cr
- Paid Up Capital ₹ 16.21 Cr
- Company Age 4 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 115.65 Cr
- Satisfied Charges ₹ 15.00 Cr
- Revenue Growth 787.79%
- Profit Growth -9702.77%
- Ebitda -373.53%
- Net Worth 48.82%
- Total Assets 410.77%
About Swara Fincare
Swara Fincare Limited (SFL) is a Public Limited Indian Non-Government Company incorporated in India on 02 June 2020 (Four years and nine months 28 days old ). Its registered office is in Delhi, 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 32.60 Cr and a paid-up capital of Rs 16.21 Cr.
The company currently has active open charges totaling ₹115.65 Cr. The company has closed loans amounting to ₹15.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Swara Fincare Limited India is Dev Verma as CEO. Sudha Agarwal, Dev Verma, and Vinod Prasad serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65999DL2020PLC364228
- Company No.
364228
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
02 Jun 2020
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Financial Services
Who are the key members and board of directors at Swara Fincare?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Dev Verma  | Managing Director | 13-Sep-2021 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sudha Agarwal | Director | 02-Jun-2020 | Current |
| Vinod Prasad | Director | 26-Sep-2020 | Current |
Financial Performance of Swara Fincare.
Swara Fincare Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 787.79% increase. The company also saw a substantial fall in profitability, with a 9702.77% decrease in profit. The company's net worth Soared by an impressive increase of 48.82%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Swara Fincare?
In 2023, Swara Fincare had a promoter holding of 45.21% and a public holding of 54.79%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Kvin Business Solutions Private LimitedVinod Prasad is a mutual person
Charges (Loans)
Open Charges
₹115.65 Cr
Satisfied Charges
₹15.00 Cr
Charges Breakdown by Lending Institutions
- Others : 115.65 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Sep 2024 | Others | ₹5.00 Cr | Open |
| 05 Sep 2024 | Others | ₹2.00 Cr | Open |
| 30 Aug 2024 | Others | ₹2.00 Cr | Open |
| 20 Aug 2024 | Others | ₹10.00 Cr | Open |
| 30 Jul 2024 | Others | ₹3.00 Cr | Open |
How Many Employees Work at Swara Fincare?
Swara Fincare has a workforce of 208 employees as of Apr 03, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Swara Fincare, 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 Swara Fincare'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 Swara Fincare
Recent activity within the organization
- Charges
A charge registered on 23 Feb 2023 via Charge ID 100687151 with Others was fully satisfied on 30 Sep 2024.
- Annual General Meeting
Swara Fincare Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100981075 was registered on 25 Sep 2024.
- Charges
A charge registered on 11 Jul 2023 via Charge ID 100750836 with Others was fully satisfied on 20 Sep 2024.
- Charges
A charge registered on 15 Feb 2023 via Charge ID 100682282 with Others was fully satisfied on 11 Sep 2024.
- Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100978894 was registered on 05 Sep 2024.
Frequently asked questions
What is the Incorporation or founding date of Swara Fincare Limited?
Swara Fincare Limited was incorporated on 02 Jun 2020.
What is authorized share capital and paid-up capital of Swara Fincare Limited?
The authorized share capital of Swara Fincare Limited is ₹ 32.60 Cr and paid-up capital is ₹ 16.21 Cr.
Who are the current board members & directors of Swara Fincare Limited?
Currently 4 directors are associated with Swara Fincare Limited.
- Sudha Agarwal
- Dev Verma
- Vinod Prasad
- Dev Verma
What is the registered address of Swara Fincare Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Swara Fincare Limited is Plot No. 17B And 18B Third Floor Gali 3 Sidhatri Enclave Uttam Naga R, India, New Delhi, 110059.
What is the corporate identification number (CIN) and company number of Swara Fincare Limited?
The corporate identification number (CIN) of Swara Fincare Limited is U65999DL2020PLC364228 and the company number is 364228 as per Ministry of Corporate Affairs (MCA).
What is the official website of Swara Fincare Limited?
The Official website of Swara Fincare Limited is https://www.swarafincare.com
What has been the recent revenue trend for Swara Fincare Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Swara Fincare Limited has risen by 787.79%.
How many employees does Swara Fincare Limited currently have?
As Per 2023 financial reports, 208 employees are currently employed by Swara Fincare Limited.
What change has been observed in the net worth of Swara Fincare Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Swara Fincare Limited has experienced an upsurge of 48.82%.
What are the total open charges for Swara Fincare Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Swara Fincare Limited amount to ₹ 115.65 Cr.
When was the last Balance Sheet of Swara Fincare Limited filed with the ROC?
The most recent Balance Sheet for Swara Fincare Limited was filed with the ROC on 31 Mar 2024.
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