Asavi Finance Private Limited
About Asavi Finance Private Limited
Data last updated:
Asavi Finance Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the financial brokerage segment of the financial services sector. It was incorporated on 28 August 1996.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65920MH1996PTC102206.
The company has an authorised share capital of ₹16 Lakh and a paid-up capital of ₹15.5 Lakh. It is led by directors Nidhi Hukumchand Lakhotiya and Hukumchand Lakhotiya.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at 18 Medon House 4th Floordr M B Velkar Street, Mumbai, Maharashtra, India – 400002.
Company details
Contact details
Asavi Finance Private Limited's registered office is in Mumbai, Maharashtra.
- Registered Address18 Medon House 4th Floordr M B Velkar Street, Mumbai, Maharashtra, India – 400002
- IndustryFinancial Services, Financial Brokerage, Advisory, Consultancy
- 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
Financials of Asavi Finance Private Limited
FY 2015 filings availableFinancial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | |
| 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | |
| Net Profit Margin | |
| 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 Asavi Finance Private Limited, buy the company report.
Board of directors of Asavi Finance Private Limited
Asavi Finance has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nidhi Hukumchand Lakhotiya | Director | 26 Oct 2007 | 19 Years 0 Months | As last reported |
| Hukumchand Lakhotiya | Director | 20 Jun 2007 | 19 Years 4 Months | As last reported |
Legal cases
No court or tribunal cases involving Asavi Finance 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 Asavi Finance 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 Asavi Finance Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Asavi Finance Private Limited has 5 board changes on record since 2007: 2 appointments and 3 cessations. The latest: Gopal Lakhotia ceased to be Director on 11 Sep 2015.
Frequently asked questions
Asavi Finance is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Asavi Finance is a company under liquidation, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in financial brokerage, within the financial services industry. It was incorporated on 28 August 1996 and is registered under CIN U65920MH1996PTC102206. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Asavi Finance has 2 current directors:
- Nidhi Hukumchand Lakhotiya - Director
- Hukumchand Lakhotiya - Director
The latest financial statements of Asavi Finance on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Asavi Finance is U65920MH1996PTC102206. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asavi Finance was incorporated on 28 August 1996. It is registered with the Registrar of Companies, Mumbai.
Gopal Lakhotia ceased to be Director on 11 Sep 2015. Tilokchand Manaklal Kothari ceased to be Director on 11 Sep 2015. Nidhi Hukumchand Lakhotiya was appointed as Director on 26 Oct 2007. Asavi Finance has 5 board changes on record in total.
The registered office of Asavi Finance is at 18 Medon House 4th Floordr M B Velkar Street, Mumbai, Maharashtra, India – 400002.
Asavi Finance operates in the financial services industry, in the financial brokerage segment.
Asavi Finance can be reached at its registered office: 18 Medon House 4th Floordr M B Velkar Street, Mumbai, Maharashtra, India – 400002.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
