Berar Finance Limited - Company Profile

Q: Who are the current directors of Berar Finance Limited?

The current directors of Berar Finance Limited are Maroti Gendaru Jawanjar, Shantaram Krishnarao Mahakalkar, Annapurna Devendra Dubey, Avishek Addy, Deepali Ravindra Balpande, Varun Bhalla, Sandeep Marotrao Jawanjal, Rajesh Vasudevan, Anvi Shirish Somaiya.

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

1990 Nagpur, Maharashtra, India Active

Last Updated: December 24, 2025

Access Report

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 (Director). Past directors included Maroti Gendaru Jawanjar, Ashok Ghanshyam Kachore, Dadarao Baliram Bankar. It holds ₹1,880.80 Cr open charges and ₹1,659.24 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 Metrics

Authorised Capital ₹ 17.32 Cr as on 24-12-2025
Paid Up Capital ₹ 14.55 Cr as on 24-12-2025
Company Age 35 Year, 5 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 1,880.80 Cr as on 24-12-2025
Satisfied Charges ₹ 1,659.24 Cr as on 24-12-2025
Revenue Growth **** 15.53% (FY 2024)
Profit Growth **** 29.85% (FY 2024)
Ebitda **** 10.23% (FY 2024)
Net Worth 7.62% (FY 2024)
Total Assets **** 15.32% (FY 2024)

Comprehensive Company Insights

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.

Access Report

Who are the key members and board of directors at Berar Finance Limited?

Current Directors

Name	Designation	Appointment Date	Status
Maroti Gendaru Jawanjar	Whole-Time Director	22 Aug 1990	Current
Shantaram Krishnarao Mahakalkar	Director	25 Sep 2002	Current
Annapurna Devendra Dubey	Director	14 Nov 2024	Current
Avishek Addy	Director	19 Jan 2021	Current
Varun Bhalla	Director	20 Sep 2024	Current
Sandeep Marotrao Jawanjal	Managing Director	01 Apr 2007	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Managing Director	01 Apr 2021	Past
Pramod Abcsdd	Director	08 Jul 2021	Past
Pramod Abcsdd	Director	27 Mar 2008	Past
Pramod Abcsdd	Director	09 Mar 2022	Past
Pramod Abcsdd	Director	15 Sep 2025	Past
Pramod Abcsdd	Additional Director	24 Sep 2023	Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

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%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

Upgrade Required

Full access to Financial is available only for users with an active Premium plan.

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%

*******

Discover detailed financial data and - Unlock financial today!

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 Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

Upgrade Required

Full access to Ownership and Shareholding Structure is available only for users with an active Premium plan.

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)

Open Charges

₹18,808,014,000.00

Satisfied Charges

₹16,592,373,716.00

Charges Breakdown by Lending Institutions

Others : 1535.44 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

Date	Lender	Amount	Status
28 Nov 2025	Others	₹15.00 Cr	Open
08 Oct 2025	Others	₹20.00 Cr	Open
30 Sep 2025	Others	₹20.00 Cr	Open
29 Sep 2025	Others	₹25.00 Cr	Open
25 Sep 2025	Others	₹40.00 Cr	Open

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 Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

Upgrade Required

Full access to People is available only for users with an active Premium plan.

Deals i

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

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

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.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Berar Finance

Recent Activity within the Organization

Charges

The activity A charge with Others amounted to Rs. 15.00 Cr with Charge ID 101202750 was registered on 28 Nov 2025. was completed.
28 Nov 2025
Charges

Progress on A charge registered on 23 Oct 2021 via Charge ID 100498960 with Others was fully satisfied on 20 Nov 2025. was documented.
20 Nov 2025
Charges

The activity A charge with Idbi Trusteeship Services Limited of Rs. 30.00 Cr registered on 25 Oct 2024 with Charge ID 101005127 was modified on 17 Nov 2025. was completed.
17 Nov 2025
Charges

The activity A charge with Idbi Trusteeship Services Limited of Rs. 25.00 Cr registered on 23 Apr 2024 with Charge ID 100936869 was modified on 17 Nov 2025. was completed.
17 Nov 2025
Charges

The activity A charge registered on 17 Sep 2022 via Charge ID 100614836 with Others was fully satisfied on 10 Nov 2025. was completed.
10 Nov 2025
Charges

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

Explore recent activity and updates - View Recent Activity