Times Finvest & Commerce Limited

Financial and credit leasing company involved in trading and distribution of various commodities.

1982 | Chandigarh, Chandigarh (India) | Active
Last Updated: January 18, 2025

Times Finvest & Commerce Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 7.43 M
  • Company Age 42 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 29.92%
  • Profit Growth -148.22%
  • Ebitda 70.32%
  • Net Worth -1.21%
  • Total Assets -28.55%

About Times Finvest & Commerce

Times Finvest & Commerce Limited (TFCL) is a Public Limited Indian Non-Government Company incorporated in India on 16 July 1982 and has a history of 42 years and seven months. Its registered office is in Chandigarh, Chandigarh.

The Corporate was formerly known as Bhanu Investments And Commerce Ltd. 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 7.50 M and a paid-up capital of Rs 7.43 M, as per Ministry of Corporate Affairs (MCA) records.

Satinder Bhalla, Parveen Sharma, and Sanjay Mawa serve as directors at the Company.

Company Details

  • Location Chandigarh, Chandigarh
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65921CH1982PLC005050

  • Company No.

    005050

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Jul 1982

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Financial Services

Who are the key members and board of directors at Times Finvest & Commerce?

Board Members (3)

NameDesignationAppointment DateStatus
Satinder Bhalla Country flag representing In Director 29-Sep-2005Current
Parveen Sharma Country flag representing In Director 05-Jul-2023Current
Sanjay Mawa Country flag representing In Director 04-Mar-2022Current

Financial Performance of Times Finvest & Commerce.

Times Finvest & Commerce Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.92% increase. The company also saw a substantial fall in profitability, with a 148.22% decrease in profit. The company's net worth dipped by a decrease of 1.21%.

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
29.92%
Revenue from Operations
27.92%
Total Assets
-28.55%
Profit or Loss
-148.22%
Net Worth
-1.21%
EBITDA
70.32%

What is the Ownership and Shareholding Structure of Times Finvest & Commerce?

In 2022, Times Finvest & Commerce had a promoter holding of 29.47% and a public holding of 70.54%. 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 Times Finvest & Commerce?

Unlock and access historical data on people associated with Times Finvest & Commerce, 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 Times Finvest & Commerce, 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 Times Finvest & Commerce'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 Times Finvest & Commerce

Recent activity within the organization

  • Annual General Meeting

    Times Finvest & Commerce Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Balance Sheet

    Times Finvest & Commerce Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Director Appointment

    Parveen Sharma was appointed as a Director was appointed as a Director on 05 Jul 2023 & has been associated with this company since 1 year 7 months .

    05 Jul 2023

  • Director Appointment

    Sanjay Mawa was appointed as a Director was appointed as a Director on 04 Mar 2022 & has been associated with this company since 2 years 11 months .

    04 Mar 2022

  • Director Appointment

    Satinder Kumar Bhalla was appointed as a Director was appointed as a Director on 29 Sep 2005 & has been associated with this company since 19 years 4 months .

    29 Sep 2005

  • Company Incorporation

    Times Finvest & Commerce Limited was registered on 16 Jul 1982 with Roc Chandigarh & aged 42 years 7 months as per MCA records.

    16 Jul 1982

Frequently asked questions

  • Times Finvest & Commerce Limited was incorporated on 16 Jul 1982.

  • The authorized share capital of Times Finvest & Commerce Limited is ₹ 7.50 M and paid-up capital is ₹ 7.43 M.

  • Currently 3 directors are associated with Times Finvest & Commerce Limited.

    • Satinder Kumar Bhalla
    • Parveen Sharma
    • Sanjay Mawa
  • As per Ministry of Corporate Affairs (Mca), the registered address of Times Finvest & Commerce Limited is Sco 98 99Sub City Centre Sector 34 India, Chandigarh.

  • The corporate identification number (CIN) of Times Finvest & Commerce Limited is U65921CH1982PLC005050 and the company number is 005050 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Times Finvest & Commerce Limited has risen by 29.92%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Times Finvest & Commerce Limited has experienced an downturn of -1.21%.

  • The most recent Balance Sheet for Times Finvest & Commerce Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Investment & Credit NBFC