Authentic Finance Private Limited
About Authentic Finance Private Limited
Data last updated:
Authentic Finance Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 01 September 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U65999WB1997PTC085340. Its GSTIN is 19AADCA4769N1Z1 (West Bengal).
The company has an authorised share capital of ₹24 Cr and a paid-up capital of ₹19.95 Cr. It is led by directors including Arun Pareek and Naresh Balaram Yelve.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 16 Netaji Subash Road4Th Floor, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.27 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹3.56 Cr (net margin 38.4%) and EBITDA of ₹5.47 Cr (EBITDA margin 59%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 66% over five years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹352.79 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Authentic Finance Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address16 Netaji Subash Road4Th Floor, Kolkata, West Bengal, India – 700001
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Authentic Finance Private 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
Business activity
The main business activity of Authentic Finance is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
Financials of Authentic Finance Private Limited
FY 2025 filings availableAuthentic Finance Private Limited reported revenue of ₹9.27 Cr (down 25% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 25% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 66%. EBITDA fell 50% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹5.47 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹3.56 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 59% | ||||
| Net Profit Margin | 38.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Authentic Finance Private Limited, buy the company report.
Board of directors of Authentic Finance Private Limited
Authentic Finance has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Pareek Also directs: Spinstar Finvest Private Limited, Kalyan Vyapaar Pvt. Ltd., Manimudra Vincom Pvt Ltd and 3 more | Director | 10 Jan 2001 | 25 Years 9 Months | Current |
| Naresh Balaram Yelve Also directs: Blue Ocean Oil & Gas Private Limited, Tul Tex Export Private Limited, Enso Healthcare LLP and 5 more | Director | 15 Nov 2016 | 9 Years 11 Months | Current |
| Hanuman Mal Tater Also directs: Adesh Agrifarm LLP, Burlington Finance Ltd., Blue Ocean Oil & Gas Private Limited and 5 more | Director | 25 Jun 2020 | 6 Years 4 Months | Current |
Peer comparison
Authentic Finance Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Products industry (Finance, Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shree Creations Private Limited | ₹9.3 Cr (FY 2024) | -5.0% | Kolkata, West Bengal, India | |||
| Authentic Finance Private Limitedthis company | ₹9.27 Cr (FY 2025) | ₹3.56 Cr | 38.4% | -25.0% | Kolkata, West Bengal, India | |
| J S R Fabrics Private Limited | ₹9.25 Cr (FY 2024) | 21.0% | Mumbai, Maharashtra, India | |||
| Baij Nath Ajay Kumar Private Limited | ₹9.25 Cr (FY 2025) | 14.0% | Amritsar, Punjab, India | |||
| Lakshmi Syncots Private Limited | ₹9.25 Cr (FY 2025) | -24.0% | Saharanpur, Uttar Pradesh, India | |||
| Real Relief India Private Limited | ₹9.24 Cr (FY 2025) | -24.0% | Karur, Tamil Nadu, India |
To see the full peer comparison of Authentic Finance Private Limited, buy the company report.
Auditor
Authentic Finance Private Limited is audited by M CHOUDHURY & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M CHOUDHURY & CO | FY 2023 | 302186E |
Shareholding
The shareholding of Authentic Finance Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Authentic Finance Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Sep 2021 | 100495026 | Others | ₹352.79 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Authentic Finance Private Limited has 4 court cases on record: 2 filed by Authentic Finance, 2 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 3 |
| District courts | 1 | 1 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Calcutta High Court | Court case (APMLT) | Filed by the company against an individual | Pending |
| Calcutta High Court | Court case (CRR) | Filed against the company by The Registrar of Companies, Ministry of Corporate Affairs | Pending |
| District court, Calcutta, West Bengal | Criminal case | Filed against the company by an individual | Pending |
| Calcutta High Court | Court case (CRR) | Filed by the company against State of West Bengal & Anr | Pending |
To see the full case history of Authentic Finance Private 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Authentic Finance Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Authentic Finance has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| KJV Estates Private Limited | U70100MH2005PTC153227 |
To see the full group structure of Authentic Finance Private Limited, buy the company report.
GST
Authentic Finance has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AADCA4769N1Z1 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Authentic Finance Private Limited, buy the company report.
Recent activity
Authentic Finance Private Limited has 11 board changes on record since 2001: 4 appointments and 7 cessations. The latest: Rohit Jain was appointed as Company Secretary on 01 Aug 2022.
3 earlier events are in the company report.
Frequently asked questions
Authentic Finance is an active private limited company based in Kolkata, West Bengal, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 01 September 1997 (29+ years old) and is registered under CIN U65999WB1997PTC085340.
Authentic Finance has 3 current directors:
- Arun Pareek - Director
- Naresh Balaram Yelve - Director
- Hanuman Mal Tater - Director
The latest financial statements of Authentic Finance on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Authentic Finance is 19AADCA4769N1Z1, registered in West Bengal.
The CIN (Corporate Identification Number) of Authentic Finance is U65999WB1997PTC085340. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Authentic Finance has 4 court cases on record: 2 filed by the company and 2 filed against it. 4 are pending. Most are in the high courts.
Authentic Finance was incorporated on 01 September 1997, making it 29+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Authentic Finance by revenue are Shree Creations Private Limited, J S R Fabrics Private Limited, Baij Nath Ajay Kumar Private Limited, Lakshmi Syncots Private Limited, Real Relief India Private Limited, all in the Consumer Products industry (Finance, Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Rohit Jain was appointed as Company Secretary on 01 Aug 2022. Payal Bafna ceased to be Company Secretary on 01 Jul 2022. Hanuman Mal Tater ceased to be Additional Director on 30 Nov 2021. Authentic Finance has 11 board changes on record in total.
The registered office of Authentic Finance is at 16 Netaji Subash Road4Th Floor, Kolkata, West Bengal, India – 700001.
Authentic Finance operates in the home and lifestyle industry, in the textile retail and distribution segment.
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