Absolute Leasing and Finvest Private Limited
About Absolute Leasing and Finvest Private Limited
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Absolute Leasing and Finvest Private Limited was a private limited company based in Mumbai, Maharashtra, 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 diversified financial services segment of the financial services sector. It was incorporated on 05 October 1995.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U65900MH1995PTC093305.
The company had an authorised share capital of ₹51 Lakh and a paid-up capital of ₹51 Lakh. It was led by directors Vishal Swarup Agarwal and Anand Swarup Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at 604 Autumn Grove Lokhandwala Township Hd – 5 Akurli Road Kandivali (East), Mumbai, Maharashtra, India – 400101.
As per the financials filed for FY 2019, the company reported a revenue of ₹16.45 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹15.14 Lakh (net margin 92%) and EBITDA of ₹16.14 Lakh (EBITDA margin 98.1%). Revenue has grown at a compounded annual rate (CAGR) of 86% over three years.
Company details
Contact details
Absolute Leasing and Finvest Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address604 Autumn Grove Lokhandwala Township Hd – 5 Akurli Road Kandivali (East), Mumbai, Maharashtra, India – 400101
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Absolute Leasing and Finvest Private Limited, 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 Absolute Leasing and Finvest is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Absolute Leasing and Finvest Private Limited, buy the company report.
Financials of Absolute Leasing and Finvest Private Limited
FY 2019 filings availableAbsolute Leasing and Finvest Private Limited reported revenue of ₹16.45 Lakh (up 253% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 86% over three years, including 253% growth in the latest year. EBITDA rose 357% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹16.45 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹16.14 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹15.14 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 98.1% | ||||
| Net Profit Margin | 92% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Absolute Leasing and Finvest Private Limited, buy the company report.
Board of directors of Absolute Leasing and Finvest Private Limited
Absolute Leasing and Finvest has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishal Swarup Agarwal | Director | 14 Mar 2017 | 9 Years 7 Months | As last reported |
| Anand Swarup Agarwal | Director | 14 Mar 2017 | 9 Years 7 Months | As last reported |
Auditor
Absolute Leasing and Finvest Private Limited is audited by BAGARIA & CO. LLP for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BAGARIA & CO. LLP | FY 2019 | 113447W/W100019 |
Shareholding
The shareholding of Absolute Leasing and Finvest Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Absolute Leasing and Finvest Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Absolute Leasing and Finvest Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Absolute Leasing and Finvest Private Limited; 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 Absolute Leasing and Finvest Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Absolute Leasing and Finvest Private Limited has 7 board changes on record since 2008: 2 appointments and 5 cessations. The latest: Sunil Chandrika Nair ceased to be Additional Director on 24 Dec 2019.
Frequently asked questions
Absolute Leasing and Finvest 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.
Absolute Leasing and Finvest was a private limited company based in Mumbai, Maharashtra, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 05 October 1995 and is registered under CIN U65900MH1995PTC093305. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Absolute Leasing and Finvest was incorporated on 05 October 1995. It is registered with the Registrar of Companies, Mumbai.
Absolute Leasing and Finvest had 2 directors:
- Vishal Swarup Agarwal - Director
- Anand Swarup Agarwal - Director
The CIN (Corporate Identification Number) of Absolute Leasing and Finvest is U65900MH1995PTC093305. 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 Absolute Leasing and Finvest is at 604 Autumn Grove Lokhandwala Township Hd – 5 Akurli Road Kandivali East, Mumbai, Maharashtra, India – 400101.
The latest financial statements of Absolute Leasing and Finvest on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
Absolute Leasing and Finvest operated in the financial services industry, in the diversified financial services segment.
Sunil Chandrika Nair ceased to be Additional Director on 24 Dec 2019. Siji Sunil Nair ceased to be Additional Director on 28 Mar 2019. Anand Swarup Agarwal was appointed as Director on 14 Mar 2017. Absolute Leasing and Finvest has 7 board changes on record in total.
The compliance status of Absolute Leasing and Finvest is compliant as of 20 August 2026.
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