Adarsh General Motor Financiers Limited

Adarsh General Motor Financiers Limited

NBFC providing financing for vehicles, household items, personal and business loans, and more.

1991 Mohali, Punjab (India) Active

About

Basic Data Updated:

20 days ago

In the bustling town of Zirakpur, Punjab, there was a company that had been making waves in the financial world for almost three decades. Adarsh General Motor Financiers Limited, formerly known as Shehnai Hire Purchase Pvt Ltd, was a well-established NBFC (Non-Banking Finance Company) and asset finance company. Its main focus was providing financing for vehicles and household items, making it a go-to choice for many individuals and businesses. AGMFL's range of services was diverse and catered to various needs. From consumer durable finance to salaried personal loans, business loans to fixed deposits, home loans to loan against property, construction equipment finance to loans against securities, and even two and three-wheeler finance, the company had it all. This made it a one-stop-shop for all financial needs, making it a trusted and reliable name in the industry. The company was founded in 1991 and had since then grown in leaps and bounds. Its success was attributed to its customer-centric approach and commitment to providing the best financial solutions. With its registered office located in the heart of Zirakpur, AGMFL had a strong presence in the town and surrounding areas.

Industry

Company Details

  • Location

    Mohali, Punjab, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNU65921PB1991PLC011097
Company No.011097
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date18 Feb 1991
Date of AGM31 Dec 2020
Date of Balance Sheet31 Mar 2020
Listing StatusUnlisted
ROC CodeRoc Chandigarh

Financials of Adarsh General Motor Financiers Limited

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Adarsh General Motor Financiers Limited, for the financial year ended 2017, experienced significant growth in revenue, with a 201.96% increase. The company also saw a substantial improvement in profitability, with a 1092.79% increase in profit. The company's net worth Soared by an impressive increase of 97.77%.

Corporate Structure

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Unlock access to Adarsh General Motor Financiers's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

People in Adarsh General Motor Financiers Limited

Executive Team (2)

  • MS

    Milton Sen In Managing Director

    Status: Current

  • BS

    Baljinder Singh In Managing Director

    Appointment Date: 27-Sep-1999

    Status: Current

Board Members(6)

Charges (Loans)

Charges

There are no open charges registered against the company as per our records.

Deals i

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Gain comprehensive insights into the Deals and Valuation data of Adarsh General Motor Financiers, 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 Adarsh General Motor Financiers's trajectory.

Rating

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Alert

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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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Recent activity within the organization

  • Activity

    Annual General Meeting

    Adarsh General Motor Financiers Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.

    31 Dec 2020
  • Activity

    Balance Sheet

    Adarsh General Motor Financiers Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Chandigarh.

    31 Mar 2020
  • Activity

    Director Appointment

    Govind Prasad Jain was appointed as a Director was appointed as a Director on 16 Jan 2015 & has been associated with this company since 9 years 4 months .

    16 Jan 2015
  • Activity

    Director Appointment

    Alok Kumar Pandey was appointed as a Director was appointed as a Director on 28 Mar 2014 & has been associated with this company since 10 years 1 month .

    28 Mar 2014
  • Activity

    Director Appointment

    Baljinder Singh was appointed as a Managing Director was appointed as a Managing Director on 27 Sep 1999 & has been associated with this company since 24 years 7 months .

    27 Sep 1999

Frequently asked questions

What is the Incorporation or founding date of Adarsh General Motor Financiers Limited?

Adarsh General Motor Financiers Limited was incorporated 33 years 2 months ago on 18 Feb 1991 with Registrar of Companies Roc Chandigarh.

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