Berar Finance Limited Company Logo

Berar Finance Limited - Company Profile

It is a financial services public limited company based in Nagpur, Maharashtra, India, established in 1990.

1990 | Nagpur, Maharashtra, India | Active
Last Updated:

About Berar Finance Limited

Berar Finance Limited, a active public limited company, was established on 22 August 1990 in Nagpur, Maharashtra, India. Engaging in investment & credit nbfc within the financial and insurance service sector, it holds CIN: U65929MH1990PLC057829. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹17.32 Cr and a paid-up capital of ₹14.55 Cr.

Formerly known as Berar Finance Private Limited. It upholds a compliant status. Employing 2,142 professional, Its leadership includes Maroti Gendaru Jawanjar (Whole-Time Director), Shantaram Krishnarao Mahakalkar (Director), Annapurna Devendra Dubey (Additional Director). Past directors included Maroti Gendaru Jawanjar, Ashok Ghanshyam Kachore, Dadarao Baliram Bankar. It holds ₹1,870.80 Cr open charges and ₹1,654.24 Cr settled loans. Its latest AGM occurred on 16 September 2025, with the balance sheet filed on 31 March 2025. It is based at Avinisha Towermehadia Chowk Dhantoli, Nagpur, Maharashtra, 440012.

Company Details

  • CIN/LLPIN

    U65929MH1990PLC057829

  • Registration Number

    057829

  • Incorporation Date

    22 August 1990

  • Authorized Capital

    ₹17.32 Cr

  • Paid-Up Capital

    ₹14.55 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 17.32 Cr
  • Paid Up Capital ₹ 14.55 Cr
  • Company Age 35 Year, 3 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 1,870.80 Cr
  • Satisfied Charges ₹ 1,654.24 Cr
  • Revenue Growth 15.53%
  • Profit Growth 29.85%
  • Ebitda 10.23%
  • Net Worth 7.62%
  • Total Assets 15.32%
Company report

Berar Finance Limited

Company Report FY 2025-2026

Explore comprehensive insights into Berar 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 Berar Finance Limited?

Current Directors

NameDesignationAppointment DateStatus
Maroti Gendaru JawanjarWhole-Time Director22 Aug 1990Current
Shantaram Krishnarao MahakalkarDirector25 Sep 2002Current
Annapurna Devendra DubeyAdditional Director14 Nov 2024Current
Avishek AddyDirector19 Jan 2021Current
Varun BhallaDirector20 Sep 2024Current
Sandeep Marotrao JawanjalManaging Director01 Apr 2007Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddManaging Director01 Apr 2021Past
Pramod AbcsddDirector08 Jul 2021Past
Pramod AbcsddDirector27 Mar 2008Past
Pramod AbcsddDirector09 Mar 2022Past
Pramod AbcsddAdditional Director24 Sep 2023Past
Pramod AbcsddCfo-Past

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Financial Performance of Berar Finance.

Berar Finance Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 15.53% increase. The company also saw a substantial improvement in profitability, with a 29.85% increase in profit. The company's net worth moved up by a moderate rise of 7.62%.

Berar Finance revenue growth over time
Berar Finance profit and loss trends over time
  • 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
15.53%
Revenue from Operations
15.36%
Total Assets
15.32%
Profit or Loss
29.85%
Net Worth
7.62%
EBITDA
10.23%

What is the Ownership and Shareholding Structure of Berar Finance?

In 2024, Berar Finance had a promoter holding of 34.10% and a public holding of 65.91%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹18,708,014,000.00

Satisfied Charges

₹16,542,373,716.00

Charges Breakdown by Lending Institutions

  • Others : 1525.44 Cr
  • Idbi Trusteeship Services Limited : 205.00 Cr
  • Indian Overseas Bank : 65.00 Cr
  • State Bank Of India : 50.00 Cr
  • Idbi Bank Limited : 25.00 Cr
  • Others : 0.36 Cr

Latest Charge Details

DateLenderAmountStatus
08 Oct 2025Others₹20.00 CrOpen
30 Sep 2025Others₹20.00 CrOpen
29 Sep 2025Others₹25.00 CrOpen
25 Sep 2025Others₹40.00 CrOpen
25 Sep 2025Others₹55.00 CrOpen

Explore comprehensive loan charge details -

How Many Employees Work at Berar Finance?

Berar Finance has a workforce of 2142 employees as of Aug 26, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Berar Finance Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Berar 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 Berar 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

Alert Indicator

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.

Latest Updates, News, and FAQs on Berar Finance

Recent Activity within the Organization

  • Charges

    A charge registered on 17 Sep 2022 via Charge ID 100614836 with Others was fully satisfied on 10 Nov 2025. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 17 Sep 2022 via Charge ID 100614833 with Others was fully satisfied on 10 Nov 2025. was documented.

  • Charges

    A charge registered on 17 Sep 2022 via Charge ID 100614794 with Others was fully satisfied on 10 Nov 2025. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 17 Sep 2022 via Charge ID 100614791 with Others was fully satisfied on 10 Nov 2025. was documented.

  • Charges

    A charge with Others of Rs. 10.00 Cr registered on 25 Mar 2025 with Charge ID 101072083 was modified on 03 Nov 2025. was recorded as a recent event.

  • Charges

    The activity A charge with Others of Rs. 12.50 Cr registered on 26 Aug 2024 with Charge ID 100969773 was modified on 03 Nov 2025. was completed.

Frequently Asked Questions

  • What is the CIN of Berar Finance Limited?

    The CIN of Berar Finance Limited is U65929MH1990PLC057829.

  • Where is Berar Finance Limited headquartered?

    Berar Finance Limited is headquartered at Avinisha Towermehadia Chowk Dhantoli, Nagpur, Maharashtra, 440012.

  • When was Berar Finance Limited incorporated?

    Berar Finance Limited was incorporated on 22 August 1990.

  • Who are the current directors of Berar Finance Limited?

    The current directors of Berar Finance Limited are

  • What is the primary industry of Berar Finance Limited?

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

  • Is Berar Finance Limited a listed company?

    Berar Finance Limited is unlisted.

  • What is the capital structure of Berar Finance Limited?

    The authorized capital of Berar Finance Limited is ₹17.32 Cr, and the paid-up capital is ₹14.55 Cr.

  • What is the compliance status of Berar Finance Limited?

    The compliance status of Berar Finance Limited is Compliant.

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