Adi Finance Limited - financial services in Chandigarh, India. Directors, charges & compliance details.
CIN U65921CH1998PLC021568 Incorporated 07 July 1998 ROC Chandigarh HQ Chandigarh, India
Struck Off Public Limited Company financial services
Data last updated
Authorised capital
₹1.1 Cr
Registered with MCA
Paid-up capital
₹1.02 Cr
Issued & subscribed
Satisfied charges
₹2.25 Cr
No open charges
Company age
28 yrs
Est. 1998
Directors on board
3
As per MCA filings
Last financials
Mar 2018
Balance sheet date
Last AGM
29 Sep 2018
Annual general meeting
Company status
Struck Off
MCA master data

About Adi Finance Limited

Data last updated:

Adi Finance Limited was a public limited company based in Chandigarh, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the diversified financial services segment of the financial services sector. It was incorporated on 07 July 1998.

The company was registered with the Registrar of Companies (ROC), Chandigarh, under CIN U65921CH1998PLC021568.

The company had an authorised share capital of ₹1.1 Cr and a paid-up capital of ₹1.02 Cr. It was led by directors including Ajay Yadav and Deepak Yadav.

Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at SCO 35 Madhya Marg Sector 26, Chandigarh, India – 160019.

As per MCA filings, the company had satisfied charges of ₹2.25 Cr on record.

Company details

CIN U65921CH1998PLC021568
Registration Number 021568
Incorporation Date 07 July 1998
ROC Chandigarh
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 29 September 2018
Date of Balance Sheet 31 March 2018
Compliance Status Active Compliant

CIN history

Adi Finance has one previous CIN (Corporate Identification Number): L65921CH1998PLC021568. The current CIN is U65921CH1998PLC021568, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U65921CH1998PLC021568Current
L65921CH1998PLC021568Previous

Contact details

Adi Finance Limited's registered office is in Chandigarh, Chandigarh. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    SCO 35 Madhya Marg Sector 26, Chandigarh, India – 160019
  • Industry
    Financial Services, Diversified Financial Services

To see the full contact details of Adi Finance Limited, buy the company report.

Comprehensive company report
Adi Finance Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Adi Finance is financial and insurance service. In detail, this covers other financial activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK8Other financial activities

Financials of Adi Finance Limited

FY 2018 filings available

Financial Statement Summary

MetricsFY 2017-18FY 2016-17FY 2015-16FY 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

MetricsFY 2017-18FY 2016-17FY 2015-16FY 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 Adi Finance Limited, buy the company report.

Board of directors of Adi Finance Limited

Adi Finance has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Ajay YadavDirector16 Aug 200818 Years 2 MonthsAs last reported
Deepak YadavDirector05 Sep 201412 Years 2 MonthsAs last reported
Neerav YadavDirector28 Mar 200521 Years 7 MonthsAs last reported

Auditor

Adi Finance Limited is audited by DEEPAK AHLUWALIA & CO for the financial year 2018.

Auditor firmFinancial yearFirm registration number
DEEPAK AHLUWALIA & COFY 2018006959N

Shareholding

The shareholding of Adi Finance Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2018FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Adi Finance Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹2.25 Cr
Breakdown by lending institutions
Vysya Bank Ltd.₹1.22 Cr
Ing Vysya Bank Ltd.₹1.03 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
13 Oct 200090308592Vysya Bank Ltd.₹33 LakhSatisfied
13 Oct 200090175150Ing Vysya Bank Ltd.₹33 LakhSatisfied
13 Oct 200090172846Ing Vysya Bank Ltd.₹33 LakhSatisfied
13 Oct 200090172848Vysya Bank Ltd.₹33 LakhSatisfied
10 Jan 200090308586Vysya Bank Ltd.₹18.5 LakhSatisfied

To see the full charge records of Adi Finance Limited, buy the company report.

Total charge records: 9 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Adi Finance 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 Adi Finance Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Adi Finance Limited has 4 board changes on record since 2005: 3 appointments and 1 cessation. The latest: Rajender Singh Yadav ceased to be Director on 16 Feb 2015.

Charges
A charge registered on 13 Oct 2000 via Charge ID 90172848 with Vysya Bank Ltd. was fully satisfied on 13 May 2019.
Charges
A charge registered on 13 Oct 2000 via Charge ID 90172846 with Ing Vysya Bank Ltd. was fully satisfied on 13 May 2019.
Charges
A charge registered on 13 Oct 2000 via Charge ID 90308592 with Vysya Bank Ltd. was fully satisfied on 13 May 2019.
Charges
A charge registered on 13 Oct 2000 via Charge ID 90175150 with Ing Vysya Bank Ltd. was fully satisfied on 13 May 2019.
Charges
A charge registered on 10 Jan 2000 via Charge ID 90174617 with Vysya Bank Ltd. was fully satisfied on 13 May 2019.
Charges
A charge registered on 10 Jan 2000 via Charge ID 90174626 with Vysya Bank Ltd. was fully satisfied on 13 May 2019.
Charges
A charge registered on 10 Jan 2000 via Charge ID 90174628 with Ing Vysya Bank Ltd. was fully satisfied on 13 May 2019.
Charges
A charge registered on 10 Jan 2000 via Charge ID 90308586 with Vysya Bank Ltd. was fully satisfied on 13 May 2019.
Charges
A charge registered on 10 Jan 2000 via Charge ID 90175072 with Ing Vysya Bank Ltd. was fully satisfied on 13 May 2019.
AGM
Adi Finance Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.
Filing
Adi Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Chandigarh.
Ceased
Rajender Singh Yadav ceased to be Director.

21 earlier events are in the company report.

Frequently asked questions

Adi Finance has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Adi Finance was a public limited company based in Chandigarh, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 07 July 1998 and is registered under CIN U65921CH1998PLC021568. The company has been struck off by the Registrar of Companies and is no longer operational.

Adi Finance had 3 directors:

The CIN (Corporate Identification Number) of Adi Finance is U65921CH1998PLC021568. 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 Adi Finance is at SCO 35 Madhya Marg Sector 26, Chandigarh, India – 160019.

Adi Finance was incorporated on 07 July 1998. It is registered with the Registrar of Companies, Chandigarh.

The latest financial statements of Adi Finance on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.

Adi Finance operated in the financial services industry, in the diversified financial services segment. It worked in this industry before it was struck off.

Rajender Singh Yadav ceased to be Director on 16 Feb 2015. Deepak Yadav was appointed as Director on 05 Sep 2014. Ajay Yadav was appointed as Director on 16 Aug 2008. Adi Finance has 4 board changes on record in total.

Adi Finance has no open charges and satisfied charges of ₹2.25 Cr as per latest MCA filings.