Thar Commercial Finance Profile
Key Indicators
- Authorised Capital ₹ 50.00 Cr
as on 16-11-2024
- Paid Up Capital ₹ 49.96 Cr
as on 16-11-2024
- Company Age 16 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 30.00 Cr
as on 16-11-2024
- Satisfied Charges ₹ 5.00 Cr
as on 16-11-2024
- Revenue 10.32%
(FY 2023)
- Profit -5.82%
(FY 2023)
- Ebitda 9.54%
(FY 2023)
- Net Worth 4.65%
(FY 2023)
- Total Assets 11.54%
(FY 2023)
About Thar Commercial Finance
The Corporate was formerly known as India Advantage Finance 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 2024. It's a company limited by shares with an authorized capital of Rs 50.00 Cr and a paid-up capital of Rs 49.96 Cr.
The company currently has active open charges totaling ₹30.00 Cr. The company has closed loans amounting to ₹5.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Thar Commercial Finance Private Limited India is Nachiket Sohani as COMPANY SECRETARY. Yatin Mankad, Chintan Shah, and Vivek Thar serve as directors at the Company.
- CIN/LLPIN
U65999MH2008PTC185082
- Company No.
185082
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 Jul 2008
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Thar Commercial Finance?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nachiket Sohani | Company Secretary | 01-Apr-2024 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vivek Thar  | Director | 21-Feb-2015 | Current |
| Chintan Shah | Director | 21-Jan-2019 | Current |
| Yatin Mankad | Director | 10-May-2021 | Current |
Financial Performance and Corporate Structure Insights of Thar Commercial Finance.
Thar Commercial Finance Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 10.32% increase. The company also saw a slight decrease in profitability, with a 5.82% decrease in profit. The company's net worth moved up by a moderate rise of 4.65%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Thar Commercial Finance?
In 2023, Thar Commercial Finance had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 13 Mar 2024 | ₹10.00 Cr | Open |
State Bank Of India Creation Date: 30 Aug 2022 | ₹20.00 Cr | Open |
Others Creation Date: 28 Jun 2019 | ₹5.00 Cr | Satisfied |
How Many Employees Work at Thar Commercial Finance?
Unlock and access historical data on people associated with Thar Commercial 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 Thar Commercial 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 Thar Commercial 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
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