Avasara Finance Profile
Key Indicators
- Authorised Capital ₹ 8.00 Cr
as on 11-07-2024
- Paid Up Capital ₹ 5.00 Cr
as on 11-07-2024
- Company Age 30 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2.02 Cr
as on 11-07-2024
- Revenue 37.27%
(FY 2023)
- Profit 106.65%
(FY 2023)
- Ebitda 108.34%
(FY 2023)
- Net Worth 1.29%
(FY 2023)
- Total Assets 3.49%
(FY 2023)
About Avasara Finance
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 511730.
The Corporate was formerly known as Trc Financial And Management Services 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 8.00 Cr and a paid-up capital of Rs 5.00 Cr.
The company currently has active open charges totaling ₹2.02 Cr.
The Key Managerial Personnel (KMP) at Avasara Finance Limited India are Sabarinath Krishnan as CFO and Charmi Gindra as Company Secretary. Valmeekanathan Subramanian, Naresh Gandhi, Uma Bontha, and Two other members serve as directors at the Company.
- CIN/LLPIN
L74899MH1994PLC216417
- Company No.
216417
- Stock Symbol
BSE : 511730
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
24 May 1994
- Date of AGM
27 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- 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 Avasara Finance?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sabarinath Krishnan | CFO | 29-Jun-2021 | Current |
Charmi Gindra  | Company Secretary | 14-Nov-2018 | Current |
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Naresh Gandhi | Director | 11-May-2018 | Current |
| Korodi Prabhu | Director | 22-May-2018 | Current |
| Valmeekanathan Subramanian | Director | 10-Nov-2021 | Current |
| Uma Bontha | Director | 09-Apr-2019 | Current |
Financial Performance and Corporate Structure Insights of Avasara Finance.
Avasara Finance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37.27% increase. The company also saw a substantial improvement in profitability, with a 106.65% increase in profit. The company's net worth moved up by a moderate rise of 1.29%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Avasara Finance?
In 2023, Avasara Finance had a promoter holding of 65.88% and a public holding of 34.12%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Tayana Mobility Technologies Private LimitedActive 24 years 6 monthsValmeekanathan Subramanian is a mutual person
- Strategic News International Agency Private LimitedActive 6 years 5 months
Korodi Prabhu is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Central Bank Of India Creation Date: 07 Sep 1996 | ₹0.25 M | Open |
Central Bank Of India Creation Date: 26 Aug 1996 | ₹1.00 Cr | Open |
Central Bank Of India Creation Date: 25 May 1996 | ₹1.00 Cr | Open |
How Many Employees Work at Avasara Finance?
Unlock and access historical data on people associated with Avasara 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 Avasara 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 Avasara 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.
