Virtuous Finance Private Limited

Provides investment and financing services, including hire purchase, leasing, and equipment financing.

1989 | Mumbai, Maharashtra (India) | Merged
Last Updated: January 16, 2025

Virtuous Finance Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 9.90 M
  • Company Age 35 Year, 4 Months
  • Last Filing with ROC 31 Mar 2017
  • Satisfied Charges ₹ 1,573.76 Cr
  • Revenue Growth 7.89%
  • Profit Growth -101.22%
  • Ebitda 6.84%
  • Net Worth -2.66%
  • Total Assets -2.67%

About Virtuous Finance

Virtuous Finance Private Limited (VFPL) is Amalgamated company established on 28 Sep 1989 with its office registered at Mumbai, Maharashtra, India and has been running since 35 Year, 4 Months with a paid up capital of 9.90 M. According to MCA records, 3 Directors are linked to this company as of 16 Jan 2025.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65990MH1989PTC053686

  • Company No.

    053686

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Sep 1989

  • Date of AGM

    29 Sep 2017

  • Date of Balance Sheet

    31 Mar 2017

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Virtuous Finance?

Board Members (3)

NameDesignationAppointment DateStatus
Ashok Bhuta Country flag representing In Director 28-Feb-2005Current
Mangesh Tahmane Country flag representing In Director 27-May-2016Current
Dineshkumar Desai Country flag representing In Director 10-Mar-1998Current

Financial Performance of Virtuous Finance.

Virtuous Finance Private Limited, for the financial year ended 2017, experienced modest growth in revenue, with a 7.89% increase. The company also saw a substantial fall in profitability, with a 101.22% decrease in profit. The company's net worth dipped by a decrease of 2.66%.

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
7.89%
Revenue from Operations
7.89%
Total Assets
-2.67%
Profit or Loss
-101.22%
Net Worth
-2.66%
EBITDA
6.84%

What is the Ownership and Shareholding Structure of Virtuous Finance?

In 2017, Virtuous Finance had a public holding of 100.00%. The company had 4 Subsidiaries and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹1,573.76 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 1198.00 Cr
  • Indusind Bank Ltd. : 375.76 Cr

Latest Charge Details

DateLenderAmountStatus
10 Aug 2016State Bank Of India₹1,150.00 CrSatisfied
30 Apr 2015State Bank Of India₹31.00 CrSatisfied
29 Apr 2015State Bank Of India₹17.00 CrSatisfied
26 Mar 2015Indusind Bank Ltd.₹17.00 CrSatisfied
18 Feb 2015Indusind Bank Ltd.₹358.76 CrSatisfied

How Many Employees Work at Virtuous Finance?

Unlock and access historical data on people associated with Virtuous Finance, 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 Virtuous 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 Virtuous Finance'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 Virtuous Finance

Recent activity within the organization

  • Charges

    A charge registered on 10 Aug 2016 via Charge ID 100047545 with State Bank Of India was fully satisfied on 23 Nov 2017.

    23 Nov 2017

  • Annual General Meeting

    Virtuous Finance Private Limited last Annual general meeting of members was held on 29 Sep 2017 as per latest MCA records.

    29 Sep 2017

  • Balance Sheet

    Virtuous Finance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Mumbai.

    31 Mar 2017

  • Charges

    A charge with State Bank Of India amounted to Rs. 1,150.00 Cr with Charge ID 100047545 was registered on 10 Aug 2016.

    10 Aug 2016

  • Charges

    A charge registered on 18 Feb 2015 via Charge ID 10555486 with Indusind Bank Ltd. was fully satisfied on 04 Aug 2016.

    04 Aug 2016

  • Director Appointment

    Mangesh Ramakant Tahmane was appointed as a Director was appointed as a Director on 27 May 2016 & has been associated with this company since 8 years 8 months .

    27 May 2016

Frequently asked questions

  • Virtuous Finance Private Limited was incorporated on 28 Sep 1989.

  • The authorized share capital of Virtuous Finance Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 9.90 M.

  • Currently 3 directors are associated with Virtuous Finance Private Limited.

    • Mangesh Ramakant Tahmane
    • Dineshkumar Ramniklal Desai
    • Ashok Indulal Bhuta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Virtuous Finance Private Limited is 4Th Floor The Eagle'S Flight Suren Road Off Andheri-Kurla Rd Andheri (East), India, Mumbai, Maharashtra, 400093.

  • The corporate identification number (CIN) of Virtuous Finance Private Limited is U65990MH1989PTC053686 and the company number is 053686 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2017, the revenue trend for Virtuous Finance Private Limited has risen by 7.89%.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Virtuous Finance Private Limited has experienced an downturn of -2.66%.

  • The most recent Balance Sheet for Virtuous Finance Private Limited was filed with the ROC on 31 Mar 2017.

People also Viewed

Similar Companies Based on Investment Banking & Advisory