Tmf Business Services Limited

Provides financial and asset financing services for CVs and cars.

1989 | Mumbai, Maharashtra (India) | Active
Last Updated: November 15, 2024

Tmf Business Services Profile

Key Indicators

  • Authorised Capital ₹ 2,000.00 Cr
  • Paid Up Capital ₹ 37.23 Cr
  • Company Age 36 Year, 6 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 33,718.60 Cr
  • Satisfied Charges ₹ 8,058.47 Cr
  • Revenue Growth -4.79%
  • Profit Growth -3763.86%
  • Ebitda -47.40%
  • Net Worth -7.69%
  • Total Assets -11.63%

About Tmf Business Services

Tmf Business Services Limited (TBSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 24 January 1989 and has a history of 36 years. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Sheba Properties 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 2,000.00 Cr and a paid-up capital of Rs 37.23 Cr.

The company currently has active open charges totaling ₹33,718.60 Cr. The company has closed loans amounting to ₹8,058.47 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Tmf Business Services Limited India are Uday Uchil as CFO and Neeraj Dwivedi as Company Secretary. Nasser Munjee, Vedika Bhandarkar, Pathamadai Balaji, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45200MH1989PLC050444

  • Company No.

    050444

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Jan 1989

  • Date of AGM

    27 Jun 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

What products or services does Tmf Business Services Limited offer?

Tmf Business Services Limited offers a wide range of products and services, including Financial Service, Financial Planning, Vehicle Loan, Commercial Vehicles Finance, Corporate Finance & Leasing Advisors.

Who are the key members and board of directors at Tmf Business Services?

Executive Team (2)

NameDesignationAppointment DateStatus
Uday Uchil CFO01-Jul-2023Current
Neeraj Dwivedi Country flag representing In Company Secretary01-Jul-2023Current

Board Members (6)

NameDesignationAppointment DateStatus
Vedika Bhandarkar Country flag representing In Director 19-May-2017Current
Pathamadai Balaji Country flag representing In Director 29-Jan-2018Current
Nasser Munjee Country flag representing In Director 19-May-2017Current
Narumanchi Sivakumar Country flag representing In Director Current
Varsha Purandare Country flag representing In Director 16-Jun-2021Current
Dhiman Gupta Country flag representing In Director 24-May-2022Current

Financial Performance of Tmf Business Services.

Tmf Business Services Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 4.79% decrease. The company also saw a substantial fall in profitability, with a 3763.86% decrease in profit. The company's net worth dipped by a decrease of 7.69%.

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
-4.79%
Revenue from Operations
-5.49%
Total Assets
-11.63%
Profit or Loss
-3763.86%
Net Worth
-7.69%
EBITDA
-47.40%

What is the Ownership and Shareholding Structure of Tmf Business Services?

In 2023, Tmf Business Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹33,718.60 Cr

Satisfied Charges

₹8,058.47 Cr

Charges Breakdown by Lending Institutions

  • Vistra Itcl (India) Limited : 33000.00 Cr
  • International Finance Corporation : 718.60 Cr

Latest Charge Details

DateLenderAmountStatus
29 Sep 2021Vistra Itcl (India) Limited₹3,000.00 CrOpen
22 Dec 2020International Finance Corporation₹718.60 CrOpen
18 Jun 2018Vistra Itcl (India) Limited₹5,000.00 CrOpen
12 Jan 2007Vistra Itcl (India) Limited₹25,000.00 CrOpen
12 Dec 2018Idbi Trusteeship Services Limited₹58.47 CrSatisfied

How Many Employees Work at Tmf Business Services?

Tmf Business Services has a workforce of 894 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Tmf Business Services, 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 Tmf Business Services'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 Tmf Business Services

Recent activity within the organization

  • Annual General Meeting

    Tmf Business Services Limited last Annual general meeting of members was held on 27 Jun 2024 as per latest MCA records.

    27 Jun 2024

  • Balance Sheet

    Tmf Business Services Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Dhiman Gupta was appointed as a Director was appointed as a Director on 24 May 2022 & has been associated with this company since 2 years 8 months .

    24 May 2022

  • Charges

    A charge with Vistra Itcl (India) Limited amounted to Rs. 3,000.00 Cr with Charge ID 100496283 was registered on 29 Sep 2021.

    29 Sep 2021

  • Charges

    A charge registered on 11 May 2016 via Charge ID 100028006 with Vistra Itcl (India) Limited was fully satisfied on 25 Aug 2021.

    25 Aug 2021

  • Director Appointment

    Varsha Vasant Purandare was appointed as a Director was appointed as a Director on 16 Jun 2021 & has been associated with this company since 3 years 7 months .

    16 Jun 2021

Frequently asked questions

  • Tmf Business Services Limited was incorporated on 24 Jan 1989.

  • The authorized share capital of Tmf Business Services Limited is ₹ 2,000.00 Cr and paid-up capital is ₹ 37.23 Cr.

  • Currently 8 directors are associated with Tmf Business Services Limited.

    • Nasser Mukhtar Munjee
    • Vedika Bhandarkar
    • Pathamadai Balachandran Balaji
    • Narumanchi Venkata Sivakumar
    • Varsha Vasant Purandare
    • Dhiman Gupta
    • Uday Uchil
    • Neeraj Kumar Dwivedi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Tmf Business Services Limited is 14 4Th Floor Sir H.C. Dinshaw Building 16 Horniman Circle, Fort India, Mumbai, Maharashtra, 400001.

  • The corporate identification number (CIN) of Tmf Business Services Limited is U45200MH1989PLC050444 and the company number is 050444 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Tmf Business Services Limited is https://www.tmf.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Tmf Business Services Limited has fallen by -4.79%.

  • As Per 2023 financial reports, 894 employees are currently employed by Tmf Business Services Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Tmf Business Services Limited has experienced an downturn of -7.69%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Tmf Business Services Limited amount to ₹ 33,718.60 Cr.

  • The most recent Balance Sheet for Tmf Business Services Limited was filed with the ROC on 31 Mar 2024.

Similar Companies Based on NBFC