Swastik Finance Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
as on 23-10-2024
- Paid Up Capital ₹ 10.00 Cr
as on 23-10-2024
- Company Age 28 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 17.25 Cr
as on 23-10-2024
- Satisfied Charges ₹ 1.00 M
as on 23-10-2024
- Revenue -51.97%
(FY 2023)
- Profit -1319.51%
(FY 2023)
- Ebitda -189.58%
(FY 2023)
- Net Worth -1.65%
(FY 2023)
- Total Assets 7.55%
(FY 2023)
About Swastik Finance
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.
- 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
Company Details
- Location
Ambala, Haryana, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Swastik Finance?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Monika Sahani  | Director | 19-Oct-2022 | Current |
| Rakesh Kumar | Director | Current | |
| Rohit Sahani | Director | 16-Jul-2021 | Current |
| Saroj Bala | Director | Current | |
| Narinder Singh | Director | 25-Jul-2024 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Swastik Finware Private LimitedActive 5 years 1 monthMonika Sahani, Rakesh Kumar and 1 more are mutual person
Charges (Loans)
₹17.25 Cr
₹0.10 Cr
Charges Breakdown by Lending Institutions
- Others : 17.25 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Oct 2024 | Others | ₹7.50 M | Open |
| 06 Sep 2024 | Others | ₹2.50 Cr | Open |
| 15 Jul 2024 | Others | ₹5.00 M | Open |
| 09 Jul 2024 | Others | ₹1.00 Cr | Open |
| 03 May 2024 | Others | ₹3.00 Cr | Open |
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.
Deals i
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
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.
