Achal Finance Limited.
About Achal Finance Limited.
Data last updated: 17 February 2026
Achal Finance Limited. is a public limited company based in Belguam, Karnataka, India. It specialises in non-banking financial services (NBFC), a part of the broader financial services sector. Incorporated on 26 February 1992, the company has been in operation for over 34 years.
Registered with ROC Bangalore under CIN U65992KA1992PTC012877.
Capital: an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.3 Cr. Formerly known as Achal Finance Private Limited. It is led by directors including Suhas Gurappa Humbarwadi and Virendra Gurappa Humbarwadi.
Last AGM: 29 September 2018. Financial statements filed for year ended 31 March 2018. Office: 280/2 Mayflower Apartment Agarkar Road Tilakwadi, Belguam, Karnataka, India – 590006.
As per the financials filed for FY 2018, the company reported a revenue of ₹3,485, a decline of 99% compared to the previous year.
As per MCA filings, the company has open charges of ₹30 Lakh and satisfied charges of ₹1 Cr on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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Registered Address280/2 Mayflower Apartment Agarkar Road Tilakwadi, Belguam, Karnataka, India – 590006
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IndustryFinancial Services, NBFC, Investment & Credit NBFC, Asset Financing Companies
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Achal Finance Limited.
Achal Finance Limited. has one previous CIN (Corporate Identification Number): U65992KA1992PTC012877. The current CIN is U65992KA1992PLC012877, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65992KA1992PLC012877 | Current |
| U65992KA1992PTC012877 | Previous |
Business Activity of Achal Finance Limited.
Achal Finance Limited. is engaged in the principal business activity of financial and insurance service, with detailed activities including financial and credit leasing activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K5 | Financial and Credit leasing activities | Locked |
Business activity turnover details for Achal Finance Limited.
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Board of Directors of Achal Finance Limited.
Achal Finance Limited. is currently managed by 3 directors, with 2 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suhas Gurappa Humbarwadi | Managing Director | 26 Feb 1992 | 34 Years 5 Months | Current |
| Virendra Gurappa Humbarwadi | Director | 18 May 2001 | 25 Years 2 Months | Current |
| Roopa Suhas Humbarwadi | Director | 02 Dec 2014 | 11 Years 8 Months | Current |
Financials of Achal Finance Limited. FY 2018 filings available
Achal Finance Limited. reported revenue of ₹3,485 (down 99.00% YoY) for FY 2018.
Ten-year financial statements for Achal Finance Limited.
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
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Charges & Borrowings of Achal Finance Limited.
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Jan 2008 | The Western India Trustee and Executor Company Limited | ₹30 Lakh | Open |
| 25 Aug 2000 | The United Western Bank Ltd. | ₹50 Lakh | Satisfied |
| 10 Nov 1999 | The United Western Bank Ltd. | ₹50 Lakh | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Achal Finance Limited.
View historical data on people associated with Achal Finance Limited., including employment history and EPFO contributions.
Employee and EPFO history for Achal Finance Limited.
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Achal Finance Limited.
GST registrations and filing compliance for Achal Finance Limited.
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Achal Finance Limited.
Credit ratings, litigation, and regulatory alerts for Achal Finance Limited.
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Achal Finance Limited.
MSME payment history for Achal Finance Limited.
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Achal Finance Limited.
Corporate group structure for Achal Finance Limited.
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Achal Finance Limited.
MCA filings and documents for Achal Finance Limited.
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Achal Finance Limited.
Frequently Asked Questions about Achal Finance Limited.
Achal Finance Limited. is an active public limited company in the financial services sector based in Belguam, Karnataka, India. It was incorporated on 26 February 1992 (34+ years old) and is registered under CIN U65992KA1992PLC012877.
Achal Finance Limited. reported revenue of ₹3,485 for FY 2018 (down 99.00% YoY).
The current directors of Achal Finance Limited. are:
- Suhas Gurappa Humbarwadi - Managing Director
- Virendra Gurappa Humbarwadi - Director
- Roopa Suhas Humbarwadi - Director
The primary industry of Achal Finance Limited. is financial services. The company specifically operates in nbfc. The company is currently active in this sector.
Achal Finance Limited. can be reached at the registered office: 2802 Mayflower Apartment Agarkar Road Tilakwadi, Belguam, Karnataka, India – 590006.
The authorised capital is ₹2 Cr, and the paid-up capital is ₹1.3 Cr.