Swastik Finance Limited

Provides credit granting services and engages in NBFC activities, including hire purchase, finance, and leasing.

1996 | Ambala, Haryana (India) | Active
Last Updated:

Swastik Finance Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 10.00 Cr
  • Company Age 28 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 17.25 Cr
  • Satisfied Charges ₹ 1.00 M
  • Revenue Growth -51.97%
  • Profit Growth -1319.51%
  • Ebitda -189.58%
  • Net Worth -1.65%
  • Total Assets 7.55%

About Swastik Finance

Swastik Finance Limited (SFL) is a Public Limited Indian Non-Government Company incorporated in India on 28 June 1996 and has a history of 28 years and nine months. Its registered office is in Ambala, Haryana, India.

The Corporate was formerly known as Avon Money Solution India Private Private Limited. 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 20.00 Cr and a paid-up capital of Rs 10.00 Cr.

The company currently has active open charges totaling ₹17.25 Cr. The company has closed loans amounting to ₹1.00 M, as per Ministry of Corporate Affairs (MCA) records.

Monika Sahani, Rakesh Kumar, Rohit Sahani, and Two other members serve as directors at the Company.

Company Details

  • Location

    Ambala, Haryana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65921HR1996PLC048958

  • Company No.

    048958

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 Jun 1996

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Financial Services
Company report

Swastik Finance Limited

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

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

Board Members (5)

NameDesignationAppointment DateStatus
Monika Sahani Country flag representing In Director 19-Oct-2022Current
Rakesh Kumar Country flag representing In Director Current
Rohit Sahani Country flag representing In Director 16-Jul-2021Current
Saroj Bala Director Current
Narinder Singh Country flag representing In Director 25-Jul-2024Current

Financial Performance of Swastik Finance.

Swastik Finance Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 51.97% decrease. The company also saw a substantial fall in profitability, with a 1319.51% decrease in profit. The company's net worth dipped by a decrease of 1.65%.

Swastik Finance revenue growth over time
Swastik 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
-51.97%
Revenue from Operations
-51.99%
Total Assets
7.55%
Profit or Loss
-1319.51%
Net Worth
-1.65%
EBITDA
-189.58%

What is the Ownership and Shareholding Structure of Swastik Finance?

In 2023, Swastik Finance had a promoter holding of 82.26% and a public holding of 17.74%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹17.25 Cr

Satisfied Charges

₹0.10 Cr

Charges Breakdown by Lending Institutions

  • Others : 17.25 Cr

Latest Charge Details

DateLenderAmountStatus
09 Oct 2024Others₹7.50 MOpen
06 Sep 2024Others₹2.50 CrOpen
15 Jul 2024Others₹5.00 MOpen
09 Jul 2024Others₹1.00 CrOpen
03 May 2024Others₹3.00 CrOpen

How Many Employees Work at Swastik Finance?

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

Employee growth trends for Swastik Finance Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 0.75 Cr with Charge ID 100988880 was registered on 09 Oct 2024.

  • Charges

    A charge with Others amounted to Rs. 2.50 Cr with Charge ID 100981603 was registered on 06 Sep 2024.

  • Director Appointment

    Narinder Singh was appointed as a Director was appointed as a Director on 25 Jul 2024 & has been associated with this company since 8 months 20 days .

  • Charges

    A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100958480 was registered on 15 Jul 2024.

  • Charges

    A charge with Others of Rs. 3.00 Cr registered on 03 May 2024 with Charge ID 100924731 was modified on 15 Jul 2024.

  • Charges

    A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100955915 was registered on 09 Jul 2024.

Frequently asked questions

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

    Swastik Finance Limited was incorporated on 28 Jun 1996.

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

    The authorized share capital of Swastik Finance Limited is ₹ 20.00 Cr and paid-up capital is ₹ 10.00 Cr.

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

    Currently 5 directors are associated with Swastik Finance Limited.

    • Monika Sahani
    • Rakesh Kumar
    • Rohit Sahani
    • Saroj Bala
    • Narinder Singh

  • What is the registered address of Swastik Finance Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Swastik Finance Limited is Shop No. 499 Shivalik Colony, India, Ambala, Haryana, 134003.

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

    The corporate identification number (CIN) of Swastik Finance Limited is U65921HR1996PLC048958 and the company number is 048958 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Swastik Finance Limited?

    The Official website of Swastik Finance Limited is https://www.swastikfinance.in

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Swastik Finance Limited has fallen by -51.97%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Swastik Finance Limited has experienced an downturn of -1.65%.

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

    As per the financial statements for fiscal Year 2023, The total open charges for Swastik Finance Limited amount to ₹ 17.25 Cr.

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

    The most recent Balance Sheet for Swastik Finance Limited was filed with the ROC on 31 Mar 2023.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on NBFC