About Aadhar Housing Finance Limited
Data last updated:
Aadhar Housing Finance Limited was a public limited company based in Bengaluru, Karnataka, India, operated as a subsidiary of Wadhawan Global Capital Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the housing finance companies segment of the financial services sector. It was incorporated on 03 May 2010.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U65922KA2010PLC096680. Its GSTIN is 08AAICA4667N1Z2 (Rajasthan). The company held 10 GST registrations, all of them active.
The company had an authorised share capital of ₹200 Cr and a paid-up capital of ₹120.49 Cr. It was led by directors including Guru Prasad Kohli and Bikram Chintaharan Sen.
Its last annual general meeting (AGM) was held on 18 August 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 2nd Floor No. 3 Jvt Towers 8th A Main Road Sampangi Rama Nagar Hudson Circle, Bengaluru, Karnataka, India – 560027.
As per the financials filed for FY 2017, the company reported a revenue of ₹356.52 Cr, a growth of 65% compared to the previous year. For the same year it recorded a net profit of ₹40.77 Cr (net margin 11.4%) and EBITDA of ₹249.79 Cr (EBITDA margin 70.1%). Revenue has grown at a compounded annual rate (CAGR) of 77% over three years and 94% over five years.
The company had about 1,018 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Aadhar Housing Finance. As per MCA filings, the company had satisfied charges of ₹150 Cr on record. Court records list 7,076 cases involving the company, including 6,701 filed by the company and 378 filed against it; 1,751 cases are pending.
The last known website on record is aadharhousing.com.
Company details
CIN history
Aadhar Housing Finance has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U65922KA2010PLC096680, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65922KA2010PLC096680 | Current |
| U65922MH2010PLC202721 | Previous |
| U65922MH2010PTC202721 | Previous |
Contact details
Aadhar Housing Finance Limited's registered office is in Bengaluru, Karnataka. Its website is aadharhousing.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address2nd Floor No. 3 Jvt Towers 8th A Main Road Sampangi Rama Nagar Hudson Circle, Bengaluru, Karnataka, India – 560027
- IndustryFinancial Services, Housing Finance Companies
To see the full contact details of Aadhar Housing Finance 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
Brands
Aadhar Housing Finance operates one associated brand: Aadhar Housing Finance. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Loans for affordable housing in tier 2,3 and 4 cities | aadharhousing.com |
Financials of Aadhar Housing Finance Limited
FY 2017 filings availableAadhar Housing Finance Limited reported revenue of ₹356.52 Cr (up 65% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 94% over five years, including 65% growth in the latest year. EBITDA rose 76% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹356.52 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹249.79 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹40.77 Cr | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 70.1% | ||
| Net Profit Margin | 11.4% | ||
| 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 Aadhar Housing Finance Limited, buy the company report.
Board of directors and KMP of Aadhar Housing Finance Limited
Aadhar Housing Finance Limited currently reports 5 directors and 3 key managerial personnel. 8 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Guru Prasad Kohli | Director | 30 Mar 2015 | 11 Years 7 Months | As last reported |
| Sreekanth Narayanan Venganallor | Company Secretary | 09 May 2011 | 15 Years 5 Months | As last reported |
| Bikram Chintaharan Sen Also directs: We1 Re Private Limited, Captech Online Private Limited | Director | 03 May 2010 | 16 Years 6 Months | As last reported |
| Kapil Wadhawan | Director | 03 May 2010 | 16 Years 6 Months | As last reported |
| Deo Shankar Tripathi | Ceo | 17 Jan 2015 | 11 Years 9 Months | As last reported |
| Venkatesan Sridar Also directs: Sarda Metals & Alloys Limited, RMBS Development Company Limited | Director | 19 Aug 2010 | 16 Years 2 Months | As last reported |
Auditor
Aadhar Housing Finance Limited is audited by CHATURVEDI & SHAH for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHATURVEDI & SHAH | FY 2017 | 101720W |
Shareholding
The shareholding of Aadhar Housing Finance Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Aadhar Housing Finance Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Dec 2014 | 10541738 | Gda Trusteeship Limited | ₹50 Cr | Satisfied | |
| 24 Sep 2013 | 10450666 | Yes Bank Limited | ₹50 Cr | Satisfied | |
| 28 Dec 2012 | 10401255 | Yes Bank Limited | ₹50 Cr | Satisfied |
To see the full charge records of Aadhar Housing Finance Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Aadhar Housing Finance Limited has 7,076 court cases on record: 6,701 filed by Aadhar Housing Finance, 378 filed against it. 1,751 cases are pending and 5,325 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6,813 | 201 | 1,731 |
| High courts | 258 | 172 | 19 |
| Supreme Court | 4 | 4 | 1 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 7,076)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ananthapur, Andhra Pradesh | Civil suit | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
To see the full case history of Aadhar Housing Finance Limited, 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.
Credit ratings & regulatory alerts
Aadhar Housing Finance Limited was last rated by Care on 05 Jul 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 05 Jul 2022 |
To see the full credit ratings and regulatory alerts of Aadhar Housing Finance Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Aadhar Housing Finance Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aadhar Housing Finance has 10 GST registrations: 10 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAICA4667N1Z2 | Rajasthan | Active | 01 Jul 2017 |
| 10AAICA4667N1ZH | Bihar | Active | 01 Jul 2017 |
| 19AAICA4667N1ZZ | West Bengal | Active | 01 Jul 2017 |
| 20AAICA4667N1ZG | Jharkhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aadhar Housing Finance Limited, buy the company report.
Recent activity
Aadhar Housing Finance Limited has 14 board changes on record since 2010: 8 appointments and 6 cessations. The latest: Sasikala Varadachari ceased to be Additional Director on 18 Aug 2017.
11 earlier events are in the company report.
News
Frequently asked questions
Aadhar Housing 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.
Aadhar Housing Finance was a public limited company based in Bengaluru, Karnataka, India. The company worked in housing finance companies, within the financial services industry. It was incorporated on 03 May 2010 and is registered under CIN U65922KA2010PLC096680. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Aadhar Housing Finance was incorporated on 03 May 2010. It is registered with the Registrar of Companies, Bangalore.
Aadhar Housing Finance had 8 directors and KMP:
- Guru Prasad Kohli - Director
- Bikram Chintaharan Sen - Director
- Kapil Wadhawan - Director
- Venkatesan Sridar - Director
- Sasikala Varadachari - Director
- Sreekanth Narayanan Venganallor - Company Secretary
- Deo Shankar Tripathi - Ceo
- Anmol Gupta - Cfo
The CIN (Corporate Identification Number) of Aadhar Housing Finance is U65922KA2010PLC096680. 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 Aadhar Housing Finance is at 2nd Floor No. 3 Jvt Towers 8th A Main Road Sampangi Rama Nagar Hudson Circle, Bengaluru, Karnataka, India – 560027.
Aadhar Housing Finance can be reached through the website aadharhousing.com. Its registered office is in Bengaluru, Karnataka, India.
The latest financial statements of Aadhar Housing Finance on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 18 August 2017. Year-wise statements from 2015 are in the company report.
The GSTIN of Aadhar Housing Finance is 08AAICA4667N1Z2, registered in Rajasthan. The company has 10 GST registrations in all, of which 10 are active. Other active GSTINs include 10AAICA4667N1ZH (Bihar), 19AAICA4667N1ZZ (West Bengal), 20AAICA4667N1ZG (Jharkhand).
Aadhar Housing Finance operated in the financial services industry, in the housing finance companies segment.
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