Equitable Finance Limited

Equitable Finance Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN U65910MH1987PLC045187 Incorporated 02 November 1987 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Public Limited Company financial services
Data last updated
Revenue · FY 2017
₹25.86 Cr
▼ 65.00% YoY
EBITDA · FY 2017
Locked
In full report
Net profit · FY 2017
Locked
In full report
Authorised capital
₹1.01 Cr
Registered with MCA
Paid-up capital
₹20 Lakh
Issued & subscribed
Open charges
None
Satisfied ₹5 Cr
Company age
39 yrs
Est. 1987
Last financials
Mar 2017
Balance sheet date

About Equitable Finance Limited

Data last updated: 19 February 2026

Equitable Finance Limited is a public limited company based in Mumbai, Maharashtra, India. It specialises in diversified financial services, a part of the broader financial services sector. Incorporated on 02 November 1987, the company has been in operation for over 39 years.

Registered with ROC Mumbai under CIN U65910MH1987PLC045187.

Capital: an authorised share capital of ₹1.01 Cr and a paid-up capital of ₹20 Lakh. It is led by directors including Noorjehan Naushad Padamsee and Naushad Ismail Padamsee.

Last AGM: 30 September 2017. Financial statements filed for year ended 31 March 2017. Office: D – 8 Padamsee Apartments 22 – 29 Union Park Khar West, Mumbai, Maharashtra, India – 400052.

As per the financials filed for FY 2017, the company reported a revenue of ₹25.86 Cr, a decline of 65% compared to the previous year.

Its group structure includes 2 subsidiaries.

As per MCA filings, the company has satisfied charges of ₹5 Cr on record.

The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website efinance.com.pg.

Company Details of Equitable Finance Limited
CIN U65910MH1987PLC045187
Registration Number 045187
Incorporation Date 02 November 1987
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2017
Date of Balance Sheet 31 March 2017
Compliance Status Active Non-Compliant
Key People
Noorjehan Naushad Padamsee Director Naushad Ismail Padamsee Director Riaz Alimohamad Padamsee Director
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    efinance.com.pg
  • Social Media
    Locked
  • Registered Address
    D – 8 Padamsee Apartments 22 – 29 Union Park Khar West, Mumbai, Maharashtra, India – 400052
  • Industry
    Financial Services, Diversified Financial Services
Company report
Equitable Finance Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
  • PDF report delivered after checkout
₹799 ₹999 20% off
Secure checkout · GST invoice included

Unlock the full Equitable Finance Limited report

Financials, compliance, directors, charges, ownership and filings for Equitable Finance Limited in one report.

10-year financials Directors & ownership Charges & compliance

Business Activity of Equitable Finance Limited

Equitable Finance Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including other financial activities.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
K Financial and insurance Service K8 Other financial activities Locked
Premium access

Business activity turnover details for Equitable Finance Limited

Turnover contribution percentages and historical activity changes require an active report plan.

  • Turnover contribution
  • Historical classifications
  • Filing-level activity changes

Verified entity values are shown only after access is granted.

Auditor Details of Equitable Finance Limited

Equitable Finance Limited is audited by S B SHINGTE & CO for the financial year 2017. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
S B SHINGTE & CO Locked Locked Locked
Premium access

Complete auditor history for Equitable Finance Limited

Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.

  • Appointment status
  • Appointment dates
  • Cessation dates
  • Auditor changes

Verified entity values are shown only after access is granted.

Board of Directors of Equitable Finance Limited

Equitable Finance Limited is governed by 4 directors who oversee the company's operations and strategic decisions.

Current Directors
Name Designation Appointment Date Tenure Status
Noorjehan Naushad Padamsee
Also directs: Adler Metals And Packaging Private Limited, Eagle Gaz And Appliances Private Limited, Padamsee Consolidated Private Limited and 1 more
Director 28 Oct 1991 34 Years 8 Months Current
Naushad Ismail Padamsee
Also directs: Eagle Agro-Farm Private Ltd, Adler Metals And Packaging Private Limited, Eagle Gaz And Appliances Private Limited
Director 28 Oct 1991 34 Years 8 Months Current
Riaz Alimohamad Padamsee
Also directs: Adler Metals And Packaging Private Limited, Eagle Gaz And Appliances Private Limited, Padamsee Consolidated Private Limited
Director 08 Jul 1997 29 Years 0 Months Current
Shamim Mumtaz Padamsee
Also directs: Adler Metals And Packaging Private Limited, Eagle Gaz And Appliances Private Limited, Padamsee Consolidated Private Limited
Director 08 Jul 1993 33 Years 0 Months Current
View all directors

Financials of Equitable Finance Limited FY 2017 filings available

Equitable Finance Limited reported revenue of ₹25.86 Cr (down 65.00% YoY) for FY 2017.

Revenue · FY 2017
₹25.86 Cr ▼ 65.00%
Premium access

Ten-year financial statements for Equitable Finance Limited

Historical statement values and trend charts require an active report plan.

  • Income statements
  • Balance sheets
  • Cash-flow statements
  • Ratios and benchmarks

Verified entity values are shown only after access is granted.

Ownership and Shareholding of Equitable Finance Limited

Premium access

Shareholding and ownership data for Equitable Finance Limited

Promoter, institutional, public, and beneficial ownership values require an active report plan.

  • Ownership categories
  • Historical changes
  • Group structure
  • FII and DII holdings

Verified entity values are shown only after access is granted.

Group Structure of Equitable Finance Limited

Equitable Finance Limited has 2 subsidiary companies and 1 associated company. This group structure data is as of FY 2017. The corporate group structure reflects Equitable Finance Limited's business expansion strategy and organizational complexity.

2
Subsidiary companies
1
Associated companies
Key Subsidiaries
Company Name CIN Shares Held
Eagle Home Appliances Private Limited U26100PN1965PTC139986 Locked
Eagle Flask Industries Private Limited U99999PN1986PTC040189 Locked

Showing major subsidiaries. Total: 2.

Charges & Borrowings of Equitable Finance Limited

Open charges
₹0
Satisfied charges
₹5 Cr
Breakdown by lending institutions
Punjab National Bank₹5.00 Cr
Latest charge details
DateLenderAmountStatus
26 May 2001 Punjab National Bank ₹5 Cr Satisfied

Total charge records: 1 View all charges

Employees and EPFO Compliance at Equitable Finance Limited

View historical data on people associated with Equitable Finance Limited, including employment history and EPFO contributions.

Premium access

Employee and EPFO history for Equitable Finance Limited

Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.

  • Monthly headcount
  • PF contributions
  • ECR filing status
  • Establishment history

Verified entity values are shown only after access is granted.

GST Compliance of Equitable Finance Limited

Premium access

GST registrations and filing compliance for Equitable Finance Limited

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

  • GSTIN registrations
  • State-wise filing status
  • HSN and SAC details
  • Tax jurisdiction records

Verified entity values are shown only after access is granted.

Credit Ratings, Litigation & Regulatory Alerts for Equitable Finance Limited

Premium access

Credit ratings, litigation, and regulatory alerts for Equitable Finance Limited

Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.

  • Rating history
  • Court and tribunal cases
  • Regulatory alerts
  • Director-linked violations

Verified entity values are shown only after access is granted.

MSME Payment Delays by Equitable Finance Limited

Premium access

MSME payment history for Equitable Finance Limited

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

  • Outstanding amounts
  • Delay periods and reasons
  • MSME-1 filing history
  • Vendor payment signals

Verified entity values are shown only after access is granted.

Subsidiaries & Group Companies of Equitable Finance Limited

Premium access

Corporate group structure for Equitable Finance Limited

Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.

  • Parent company
  • Subsidiaries and ownership
  • Associates and joint ventures
  • Entity investments

Verified entity values are shown only after access is granted.

MCA Filings & Documents of Equitable Finance Limited

Premium access

MCA filings and documents for Equitable Finance Limited

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

  • Incorporation documents
  • Annual returns and statements
  • Charge filings
  • Complete filing index

Verified entity values are shown only after access is granted.

Recent Activity on Equitable Finance Limited

Activity
30 Sep 2017
Equitable Finance Limited last Annual general meeting of members was held on 30 Sep 2017 as per latest MCA records.
Activity
31 Mar 2017
Equitable Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Mumbai I.
Charges
10 Dec 2007
A charge registered on 26 May 2001 via Charge ID 90165419 with Punjab National Bank was fully satisfied on 10 Dec 2007.
Charges
26 May 2001
A charge with Punjab National Bank amounted to Rs. 5.00 Cr with Charge ID 90165419 was registered on 26 May 2001.
Directors
08 Jul 1997
Riaz Alimohamad Padamsee was appointed as a Director on 08 Jul 1997 & has been associated with this company since 29 years 12 days.
Directors
08 Jul 1993
Shamim Mumtaz Padamsee was appointed as a Director on 08 Jul 1993 & has been associated with this company since 33 years 12 days.

Frequently Asked Questions about Equitable Finance Limited

Equitable Finance Limited is an active public limited company in the financial services sector based in Mumbai, Maharashtra, India. It was incorporated on 02 November 1987 (39+ years old) and is registered under CIN U65910MH1987PLC045187.

Equitable Finance Limited reported revenue of ₹25.86 Cr for FY 2017 (down 65.00% YoY).

The current directors of Equitable Finance Limited are:

The primary industry of Equitable Finance Limited is financial services. The company specifically operates in diversified financial services. The company is currently active in this sector.

Equitable Finance Limited can be reached at the registered office: D – 8 Padamsee Apartments 22 – 29 Union Park Khar West, Mumbai, Maharashtra, India – 400052, or through the website efinance.com.pg.

The authorised capital is ₹1.01 Cr, and the paid-up capital is ₹20 Lakh.

7M+ Indian companies. One platform.

Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

Subscription plans available