Dhara Motor Finance Limited logo

Dhara Motor Finance Limited

NBFC providing asset finance for commercial and transport vehicles in western Uttar Pradesh, Delhi, Haryana, and Uttarakhand.

1990 Bijnor, Uttar Pradesh (India) Active

About

Basic Data Updated:

21 days ago

Dhara Motor Finance Limited, a renowned asset finance company, has been making waves in the financial industry. As a registered NBFC (Non-Banking Financial Company), it has been providing exceptional services to its customers. The company's main focus is on financing new and second-hand commercial and transport vehicles on a hire purchase basis in the western regions of Uttar Pradesh, Delhi, Haryana, and Uttarakhand. In addition to vehicle financing, DMFL also offers general loans and advances of short-term nature, with a major portion being secured by gold. As of June 2016, this contributed to approximately 4% of the total outstanding portfolio. With its headquarters located in Bijnor, Uttar Pradesh, the company has established collection centers in Haridwar, Delhi, and Meerut. The visionary behind DMFL's success is none other than Mr. Raj Kr Goel, who promoted the company with a strong determination to provide reliable and efficient financial solutions to its clients. With a customer-centric approach and a wide range of services, Dhara Motor Finance Limited has become a trusted name in the industry, catering to the diverse needs of its customers.

Industry

Company Details

  • Location

    Bijnor, Uttar Pradesh, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNU50101UP1990PLC012234
Company No.012234
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date03 Sep 1990
Date of AGM30 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Kanpur

Financials of Dhara Motor Finance Limited

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Dhara Motor Finance Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 30.79% increase. The company also saw a substantial improvement in profitability, with a 16.67% increase in profit. The company's net worth Soared by an impressive increase of 26.75%.

Corporate Structure

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Unlock access to Dhara Motor Finance'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 Dhara Motor Finance Limited

Executive Team (3)

  • GS

    Gajender Singh In Managing Director

    Appointment Date: 17-Aug-2006

    Status: Current

  • K

    Kajal Company Secretary

    Appointment Date: 16-Oct-2023

    Status: Current

  • VK

    Vineet Kumar CFO

    Appointment Date: 01-Dec-2014

    Status: Current

Board Members(7)

Charges (Loans)

Open Charges Satisfied Charges

₹247.83 cr

₹61.14 cr

LenderAmountStatus

Others

Creation Date: 30 Oct 2023
₹2.00 CrOpen

Others

Creation Date: 29 Sep 2023
₹5.00 CrOpen

Others

Creation Date: 26 Sep 2023
₹1.00 CrOpen

Deals i

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Gain comprehensive insights into the Deals and Valuation data of Dhara Motor 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 Dhara Motor Finance's trajectory.

Rating

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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.

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.

Related Corporates (Common Directorship)

  • Bijnor Builders & Promoters Private Limited

    Bijnor Builders & Promoters Private Limited

    Active build-icon 19 years 5 months

    Gajender Singh, Arun Kumar and 1 more are mutual person

  • Finance Industry Development Council

    Finance Industry Development Council

    Active build-icon 19 years 11 months

    Gajender Singh is a mutual person

  • Trilok Steel And Alloys Private Limited

    Trilok Steel And Alloys Private Limited

    Active build-icon 33 years 4 months

    Arun Kumar is a mutual person

  • Project Asia Private Limited

    Project Asia Private Limited

    Active build-icon 3 years 2 months

    Arun Kumar is a mutual person

Recent activity within the organization

  • Activity

    Director Appointment

    Bajrang Lal Gupta was appointed as a Additional Director was appointed as a Additional Director on 19 Mar 2024 & has been associated with this company since 1 month 25 days .

    19 Mar 2024
  • Activity

    Charges

    A charge registered on 18 Sep 2020 via Charge ID 100368778 with Others was fully satisfied on 01 Nov 2023.

    01 Nov 2023
  • Activity

    Charges

    A charge with Others amounted to Rs. 2.00 cr with Charge ID 100817156 was registered on 30 Oct 2023.

    30 Oct 2023
  • Activity

    Charges

    A charge registered on 07 Mar 2022 via Charge ID 100549363 with Others was fully satisfied on 17 Oct 2023.

    17 Oct 2023
  • Activity

    Charges

    A charge registered on 22 Mar 2022 via Charge ID 100553821 with Others was fully satisfied on 12 Oct 2023.

    12 Oct 2023

Frequently asked questions

What is the Incorporation or founding date of Dhara Motor Finance Limited?

Dhara Motor Finance Limited was incorporated 33 years 8 months ago on 03 Sep 1990 with Registrar of Companies Roc Kanpur.

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