Target Fin-Lease Limited

Founded in 1994 and headquartered in Delhi, India.

1994 | Delhi (India) | Active
Last Updated: December 31, 2024

Target Fin-Lease Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 2.21 Cr
  • Company Age 30 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -99.97%
  • Profit Growth -419.46%
  • Ebitda -463.97%
  • Net Worth -28.22%
  • Total Assets -5.87%

About Target Fin-Lease

Target Fin-Lease Limited (TFL) is a Public Limited Indian Non-Government Company incorporated in India on 27 September 1994 and has a history of 30 years and four months. 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 5.00 Cr and a paid-up capital of Rs 2.21 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sudarshna Arora, Brij Gandhi, and Ramdular Paswan serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1994PLC061797

  • Company No.

    061797

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Sep 1994

  • 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 Target Fin-Lease?

Board Members (3)

Name Designation Appointment Date Status
Sudarshna Arora Country flag representing In Director 16-Jan-2006 Current
Brij Gandhi Country flag representing In Director 26-Jul-2021 Current
Ramdular Paswan Country flag representing In Director 18-Mar-2022 Current

Financial Performance of Target Fin-Lease.

Target Fin-Lease Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 99.97% decrease. The company also saw a substantial fall in profitability, with a 419.46% decrease in profit. The company's net worth observed a substantial decline by a decrease of 28.22%.

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
-99.97%
Revenue from Operations
Total Assets
-5.87%
Profit or Loss
-419.46%
Net Worth
-28.22%
EBITDA
-463.97%

What is the Ownership and Shareholding Structure of Target Fin-Lease?

In 2020, Target Fin-Lease had a promoter holding of 80.62% and a public holding of 19.39%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Target Fin-Lease?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Target Fin-Lease, 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 Target Fin-Lease'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 Target Fin-Lease

Recent activity within the organization

  • Annual General Meeting

    Target Fin-Lease Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Target Fin-Lease Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Director Appointment

    Ramdular Paswan was appointed as a Director was appointed as a Director on 18 Mar 2022 & has been associated with this company since 2 years 10 months .

    18 Mar 2022

  • Director Appointment

    Brij Mohan Gandhi was appointed as a Director was appointed as a Director on 26 Jul 2021 & has been associated with this company since 3 years 6 months .

    26 Jul 2021

  • Director Appointment

    Sudarshna Arora was appointed as a Director was appointed as a Director on 16 Jan 2006 & has been associated with this company since 19 years 17 days .

    16 Jan 2006

  • Company Incorporation

    Target Fin-Lease Limited was registered on 27 Sep 1994 with Roc Delhi & aged 30 years 4 months as per MCA records.

    27 Sep 1994

Frequently asked questions

  • Target Fin-Lease Limited was incorporated on 27 Sep 1994.

  • The authorized share capital of Target Fin-Lease Limited is ₹ 5.00 Cr and paid-up capital is ₹ 2.21 Cr.

  • Currently 3 directors are associated with Target Fin-Lease Limited.

    • Sudarshna Arora
    • Brij Mohan Gandhi
    • Ramdular Paswan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Target Fin-Lease Limited is Rzf -9/9A St No.21C Sadh Nagar-2, Palam Colony India, New Delhi, 110045.

  • The corporate identification number (CIN) of Target Fin-Lease Limited is U74899DL1994PLC061797 and the company number is 061797 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Target Fin-Lease Limited has fallen by -99.97%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Target Fin-Lease Limited has experienced an downturn of -28.22%.

  • The most recent Balance Sheet for Target Fin-Lease Limited was filed with the ROC on 31 Mar 2024.

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