Trust Worth Finelease Private Limited

Provides financial services as an RBI-registered NBFC since 1995.

1995 | Tamilnadu, Tamil Nadu (India) | Active
Last Updated: December 29, 2024

Trust Worth Finelease Profile

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 1.58 Cr
  • Company Age 29 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 2.68%
  • Profit Growth 8.04%
  • Ebitda 3.28%
  • Net Worth -1.92%
  • Total Assets 3.25%

About Trust Worth Finelease

Trust Worth Finelease Private Limited (TWFPL) is a Private Limited Indian Non-Government Company incorporated in India on 15 May 1995 and has a history of 29 years and eight months. Its registered office is in Tamilnadu, Tamil Nadu.

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 2.50 Cr and a paid-up capital of Rs 1.58 Cr, as per Ministry of Corporate Affairs (MCA) records.

Updhyan Nahar, Praveen Nahar, Goutham Nahar, and One other member serve as directors at the Company.

Company Details

  • Location
    Tamilnadu, Tamil Nadu
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U71309TN1995PTC031380

  • Company No.

    031380

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 May 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

Who are the key members and board of directors at Trust Worth Finelease?

Board Members (4)

Name Designation Appointment Date Status
Updhyan Nahar Country flag representing In Director 15-May-1995 Current
Praveen Nahar Country flag representing In Director 15-May-1995 Current
Goutham Nahar Country flag representing In Director 15-May-1995 Current
Kishore Nahar Country flag representing In Director 15-May-1995 Current

Financial Performance of Trust Worth Finelease.

Trust Worth Finelease Private Limited, for the financial year ended 2020, experienced modest growth in revenue, with a 2.68% increase. The company also saw a slight improvement in profitability, with a 8.04% increase in profit. The company's net worth dipped by a decrease of 1.92%.

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
2.68%
Revenue from Operations
3.14%
Total Assets
3.25%
Profit or Loss
8.04%
Net Worth
-1.92%
EBITDA
3.28%

What is the Ownership and Shareholding Structure of Trust Worth Finelease?

In 2020, Trust Worth Finelease 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)

Placeholder for charges-related data

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

How Many Employees Work at Trust Worth Finelease?

Unlock and access historical data on people associated with Trust Worth Finelease, 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 Trust Worth Finelease, 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 Trust Worth Finelease'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 Trust Worth Finelease

Recent activity within the organization

  • Annual General Meeting

    Trust Worth Finelease Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Trust Worth Finelease Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Updhyan Chand Nahar was appointed as a Director was appointed as a Director on 15 May 1995 & has been associated with this company since 29 years 8 months .

    15 May 1995

  • Director Appointment

    Praveen Kumar Nahar was appointed as a Director was appointed as a Director on 15 May 1995 & has been associated with this company since 29 years 8 months .

    15 May 1995

  • Director Appointment

    Goutham Chand Nahar was appointed as a Director was appointed as a Director on 15 May 1995 & has been associated with this company since 29 years 8 months .

    15 May 1995

  • Director Appointment

    Kishore Kumar Nahar was appointed as a Director was appointed as a Director on 15 May 1995 & has been associated with this company since 29 years 8 months .

    15 May 1995

Frequently asked questions

  • Trust Worth Finelease Private Limited was incorporated on 15 May 1995.

  • The authorized share capital of Trust Worth Finelease Private Limited is ₹ 2.50 Cr and paid-up capital is ₹ 1.58 Cr.

  • Currently 4 directors are associated with Trust Worth Finelease Private Limited.

    • Updhyan Chand Nahar
    • Praveen Kumar Nahar
    • Goutham Chand Nahar
    • Kishore Kumar Nahar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Trust Worth Finelease Private Limited is 48, Audiappa Naicken Streetmadras 600 079 India, Tamilnadu, Tamil Nadu, 600079.

  • The corporate identification number (CIN) of Trust Worth Finelease Private Limited is U71309TN1995PTC031380 and the company number is 031380 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Trust Worth Finelease Private Limited has risen by 2.68%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Trust Worth Finelease Private Limited has experienced an downturn of -1.92%.

  • The most recent Balance Sheet for Trust Worth Finelease Private Limited was filed with the ROC on 31 Mar 2024.

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