Abrn Finance Pvt.Ltd.
About Abrn Finance Pvt.Ltd.
Data last updated:
Abrn Finance Pvt.Ltd. was a private limited company based in Kolkata, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 30 August 1995.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U65921WB1995PTC073872.
The company had an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹2.1 Cr. It was led by directors Anju Agarwal and Rakesh Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 103 Park Street 5th Floor Room No: 5B, Kolkata, West Bengal, India – 700016.
As per the financials filed for FY 2022, the company reported a revenue of ₹5.48 Lakh, a decline of 97% compared to the previous year. For the same year it recorded a net profit of ₹3.22 Lakh (net margin 58.7%) and EBITDA of ₹5.05 Lakh (EBITDA margin 92.2%). Revenue has declined at a compounded annual rate (CAGR) of 61% over three years and 49% over five years.
Court records list 2 cases involving the company, including 2 filed by the company.
Company details
Contact details
Abrn Finance Pvt.Ltd.'s registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address103 Park Street 5th Floor Room No: 5B, Kolkata, West Bengal, India – 700016
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Abrn Finance Pvt.Ltd., buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Abrn Finance is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Abrn Finance Pvt.Ltd., buy the company report.
Financials of Abrn Finance Pvt.Ltd.
FY 2022 filings availableAbrn Finance Pvt.Ltd. reported revenue of ₹5.48 Lakh (down 97% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 49% over five years, including a 97% fall in the latest year. EBITDA fell 97% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹5.48 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5.05 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.22 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 92.2% | ||||
| Net Profit Margin | 58.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Abrn Finance Pvt.Ltd., buy the company report.
Board of directors of Abrn Finance Pvt.Ltd.
Abrn Finance has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anju Agarwal | Director | 28 Jun 2006 | 20 Years 3 Months | As last reported |
| Rakesh Agarwal | Director | 02 Aug 2006 | 20 Years 2 Months | As last reported |
Peer comparison
Abrn Finance Pvt.Ltd. is compared with the 6 companies closest to it by revenue in the BFSI industry (Finance, NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vallabh Leasing & Finance Company Pvt. Ltd. | ₹5.49 Lakh (FY 2025) | 4.0% | Jabalpur, Madhya Pradesh, India | |||
| Nabajagaran Finance Private Limited | ₹5.49 Lakh (FY 2024) | Nadia, West Bengal, India | ||||
| Nawdeep Credit Consultants Pvt Ltd | ₹5.49 Lakh (FY 2024) | 7.0% | Kolkata, West Bengal, India | |||
| Abrn Finance Pvt.Ltd.this company | ₹5.48 Lakh (FY 2022) | ₹3.22 Lakh | 58.7% | -97.0% | Kolkata, West Bengal, India | |
| Bihari Hire Purchase Pvt Ltd | ₹5.48 Lakh (FY 2025) | -64.0% | Gurugram, Haryana, India | |||
| Smegrowth Micro Foundation | ₹5.47 Lakh (FY 2024) | 3.0% | Sikar, Rajasthan, India | |||
| New Sai Gold Nidhi Limited | ₹5.47 Lakh (FY 2021) | Pune, Maharashtra, India |
To see the full peer comparison of Abrn Finance Pvt.Ltd., buy the company report.
Auditor
Abrn Finance Pvt.Ltd. is audited by ASHOK PODDAR & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHOK PODDAR & CO. | FY 2022 | 323106E |
Shareholding
The shareholding of Abrn Finance Pvt.Ltd. is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Abrn Finance Pvt.Ltd., buy the company report.
Legal cases
Abrn Finance Pvt.Ltd. has 2 court cases on record: 2 filed by Abrn Finance. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Kolkata | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Kolkata | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Abrn Finance Pvt.Ltd., buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Abrn Finance Pvt.Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Abrn Finance Pvt.Ltd.; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Abrn Finance Pvt.Ltd. has 4 board changes on record since 2006: 2 appointments and 2 cessations. The latest: Pushpa Agarwal ceased to be Director on 05 Sep 2012.
Frequently asked questions
Abrn Finance has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Abrn Finance was a private limited company based in Kolkata, West Bengal, India. The company worked in nbfc, within the financial services industry. It was incorporated on 30 August 1995 and is registered under CIN U65921WB1995PTC073872. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Abrn Finance was incorporated on 30 August 1995. It is registered with the Registrar of Companies, Kolkata.
Abrn Finance had 2 directors:
- Anju Agarwal - Director
- Rakesh Agarwal - Director
The CIN (Corporate Identification Number) of Abrn Finance is U65921WB1995PTC073872. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Abrn Finance is at 103 Park Street 5th Floor Room No: 5B, Kolkata, West Bengal, India – 700016.
The latest financial statements of Abrn Finance on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
Abrn Finance operated in the financial services industry, in the nbfc segment.
The peers of Abrn Finance by revenue are Vallabh Leasing & Finance Company Pvt. Ltd, Nabajagaran Finance Private Limited, Nawdeep Credit Consultants Pvt Ltd, Bihari Hire Purchase Pvt Ltd, Smegrowth Micro Foundation and 1 more, all in the BFSI industry (Finance, NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Abrn Finance has 2 court cases on record: 2 filed by the company.
Pushpa Agarwal ceased to be Director on 05 Sep 2012. Savita Khaitan ceased to be Director on 04 Jun 2007. Rakesh Agarwal was appointed as Director on 02 Aug 2006. Abrn Finance has 4 board changes on record in total.