Achal Finance Limited. - Company Profile

It is a financial services public limited company based in Belguam, Karnataka, India, established in 1992.
1992 Belguam, Karnataka, India Active
Last Updated:
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About Achal Finance Limited.

Achal Finance Limited., a active public limited company, was established on 26 February 1992 in Belguam, Karnataka, India. Engaging in nbfc within the financial and insurance service sector, it holds CIN: U65992KA1992PLC012877. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹2.00 Cr and a paid-up capital of ₹1.30 Cr.

Formerly known as Achal Finance Private Limited. It upholds a active non-compliant status. Its leadership includes Suhas Gurappa Humbarwadi (Managing Director), Virendra Gurappa Humbarwadi (Director), Roopa Suhas Humbarwadi (Director). Past directors included Anand Sadashiv Marathe, Roopa Suhas Humbarwadi. It holds ₹3.00 M open charges and ₹1.00 Cr settled loans. Its latest AGM occurred on 29 September 2018, with the balance sheet filed on 31 March 2018. It is based at 280/2, Mayflower Apartment, Agarkar Road, Tilakwadi,, Belguam, Karnataka, 590006.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U65992KA1992PLC012877

  • Registration Number

    012877

  • Incorporation Date

    26 February 1992

  • Authorized Capital

    ₹2.00 Cr

  • Paid-Up Capital

    ₹1.30 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.30 Cr
  • Company Age 34 Year, 9 Days
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 3.00 M
  • Satisfied Charges ₹ 1.00 Cr
  • Revenue Growth **** -99.39%
  • Profit Growth **** -179.89%
  • Ebitda **** -1585.27%
  • Net Worth -3.37%
  • Total Assets -2.04%
Company report

Achal Finance Limited.

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Achal Finance Limited. — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Achal Finance Limited.?
Current Directors
Name Designation Appointment Date Status
Suhas Gurappa Humbarwadi Managing Director 26 Feb 1992 Current
Virendra Gurappa Humbarwadi Director 18 May 2001 Current
Roopa Suhas Humbarwadi Director 02 Dec 2014 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 10 Oct 2014 Past
Pramod Abcsdd Additional Director 18 Aug 2015 Past

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Financial Performance of Achal Finance.

Achal Finance Limited., for the financial year ended 2018, experienced significant reduction in revenue, with a 99.39% decrease. The company also saw a substantial fall in profitability, with a 179.89% decrease in profit. The company's net worth dipped by a decrease of 3.37%.

Achal Finance revenue growth over time
Achal Finance profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 -99.39%
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Revenue from Operations
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Total Assets
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 -2.04%
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Profit or Loss
*******
 -179.89%
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Net Worth
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 -3.37%
*******
*******
*******
*******
EBITDA
*******
 -1585.27%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Achal Finance?

In 2018, Achal Finance had a promoter holding of 98.34% and a public holding of 1.66%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹3,000,000.00

Satisfied Charges

₹10,000,000.00

Charges Breakdown by Lending Institutions
  • The Western India Trustee And Executor Company Limited : 0.30 Cr
Latest Charge Details
Date Lender Amount Status
28 Jan 2008 The Western India Trustee And Executor Company Limited ₹3.00 M Open
25 Aug 2000 The United Western Bank Ltd. ₹5.00 M Satisfied
10 Nov 1999 The United Western Bank Ltd. ₹5.00 M Satisfied

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How Many Employees Work at Achal Finance?

Unlock and access historical data on people associated with Achal Finance, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Achal 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 Achal 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
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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.

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Latest Updates, News, and FAQs on Achal Finance
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Achal Finance Limited. last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records. was documented.

  • Balance Sheet

    Achal Finance Limited. has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Bangalore. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 25 Aug 2000 via Charge ID 90199360 with The United Western Bank Ltd. was fully satisfied on 31 Jan 2017. was documented.

  • Charges

    The activity A charge registered on 10 Nov 1999 via Charge ID 90200430 with The United Western Bank Ltd. was fully satisfied on 31 Jan 2017. was completed.

  • Director Appointment

    The activity Roopa Suhas Humbarwadi was appointed as a Director was appointed as a Director on 02 Dec 2014 & has been associated with this company since 11 years 3 months . was completed.

  • Charges

    The activity A charge with The Western India Trustee And Executor Company Limited amounted to Rs. 0.30 Cr with Charge ID 10084991 was registered on 28 Jan 2008. was completed.

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Frequently Asked Questions
What is the CIN of Achal Finance Limited.?

The CIN of Achal Finance Limited. is U65992KA1992PLC012877.

Where is Achal Finance Limited. headquartered?

Achal Finance Limited. is headquartered at 280/2, Mayflower Apartment, Agarkar Road, Tilakwadi,, Belguam, Karnataka, 590006.

When was Achal Finance Limited. incorporated?

Achal Finance Limited. was incorporated on 26 February 1992.

Who are the current directors of Achal Finance Limited.?

The current directors of Achal Finance Limited. are

What is the primary industry of Achal Finance Limited.?

The primary industry of Achal Finance Limited. is Financial And Insurance Service.

Is Achal Finance Limited. a listed company?

Achal Finance Limited. is unlisted.

What is the capital structure of Achal Finance Limited.?

The authorized capital of Achal Finance Limited. is ₹2.00 Cr, and the paid-up capital is ₹1.30 Cr.

What is the compliance status of Achal Finance Limited.?

The compliance status of Achal Finance Limited. is Active Non-Compliant.

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