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Equitable Finance Limited - Company Profile

It is a financial services public limited company based in Mumbai, Maharashtra, India, established in 1987.

1987 | Mumbai, Maharashtra, India | Active
Last Updated:

About Equitable Finance Limited

Equitable Finance Limited, a active public limited company, was established on 02 November 1987 in Mumbai, Maharashtra, India. Engaging in diversified financial services within the financial and insurance service sector, it holds CIN: U65910MH1987PLC045187. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹1.01 Cr and a paid-up capital of ₹2.00 M.

It upholds a active non-compliant status. Its leadership includes Noorjehan Naushad Padamsee (Director), Naushad Ismail Padamsee (Director), Riaz Alimohamad Padamsee (Director). It holds no open charges and ₹5.00 Cr settled loans. Its latest AGM occurred on 30 September 2017, with the balance sheet filed on 31 March 2017. It is based at D-8 Padamsee Apartments, 22-29, Union Park, Khar West,, Mumbai, Maharashtra, 400052.

Company Details

  • CIN/LLPIN

    U65910MH1987PLC045187

  • Registration Number

    045187

  • Incorporation Date

    02 November 1987

  • Authorized Capital

    ₹1.01 Cr

  • Paid-Up Capital

    ₹2.00 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.01 Cr
  • Paid Up Capital ₹ 2.00 M
  • Company Age 38 Year, 30 Days
  • Last Filing with ROC 31 Mar 2017
  • Satisfied Charges ₹ 5.00 Cr
  • Revenue Growth -14.05%
  • Profit Growth -9.77%
  • Ebitda 9.51%
  • Net Worth -0.84%
  • Total Assets -0.82%
Company report

Equitable Finance Limited

Company Report FY 2025-2026

Explore comprehensive insights into Equitable 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 Equitable Finance Limited?

Current Directors

NameDesignationAppointment DateStatus
Noorjehan Naushad PadamseeDirector28 Oct 1991Current
Naushad Ismail PadamseeDirector28 Oct 1991Current
Riaz Alimohamad PadamseeDirector08 Jul 1997Current
Shamim Mumtaz PadamseeDirector08 Jul 1993Current

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Financial Performance of Equitable Finance.

Equitable Finance Limited, for the financial year ended 2017, experienced significant reduction in revenue, with a 14.05% decrease. The company also saw a slight decrease in profitability, with a 9.77% decrease in profit. The company's net worth dipped by a decrease of 0.84%.

Equitable Finance revenue growth over time
Equitable 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
-14.05%
Revenue from Operations
Total Assets
-0.82%
Profit or Loss
-9.77%
Net Worth
-0.84%
EBITDA
9.51%

What is the Ownership and Shareholding Structure of Equitable Finance?

In 2017, Equitable Finance had a promoter holding of 100.00%. The company had 2 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹50,000,000.00

Charges Breakdown by Lending Institutions

  • Punjab National Bank : 5.00 Cr

Latest Charge Details

DateLenderAmountStatus
26 May 2001Punjab National Bank₹5.00 CrSatisfied

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How Many Employees Work at Equitable Finance?

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Employee growth trends for Equitable Finance Limited

Deals i

Graph showing company valuation over time

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Rating

Graph displaying rating trends over time

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Alerts

Alert Indicator

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Latest Updates, News, and FAQs on Equitable Finance

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Equitable Finance Limited last Annual general meeting of members was held on 30 Sep 2017 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Equitable Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Mumbai. was documented.

  • Charges

    A charge registered on 26 May 2001 via Charge ID 90165419 with Punjab National Bank was fully satisfied on 10 Dec 2007. was recorded as a recent event.

  • Charges

    Progress on A charge with Punjab National Bank amounted to Rs. 5.00 Cr with Charge ID 90165419 was registered on 26 May 2001. was documented.

  • Director Appointment

    Riaz Alimohamad Padamsee was appointed as a Director was appointed as a Director on 08 Jul 1997 & has been associated with this company since 28 years 4 months . was recorded as a recent event.

  • Director Appointment

    Shamim Mumtaz Padamsee was appointed as a Director was appointed as a Director on 08 Jul 1993 & has been associated with this company since 32 years 4 months . was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Equitable Finance Limited?

    The CIN of Equitable Finance Limited is U65910MH1987PLC045187.

  • Where is Equitable Finance Limited headquartered?

    Equitable Finance Limited is headquartered at D-8 Padamsee Apartments, 22-29, Union Park, Khar West,, Mumbai, Maharashtra, 400052.

  • When was Equitable Finance Limited incorporated?

    Equitable Finance Limited was incorporated on 02 November 1987.

  • Who are the current directors of Equitable Finance Limited?

    The current directors of Equitable Finance Limited are

  • What is the primary industry of Equitable Finance Limited?

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

  • Is Equitable Finance Limited a listed company?

    Equitable Finance Limited is unlisted.

  • What is the capital structure of Equitable Finance Limited?

    The authorized capital of Equitable Finance Limited is ₹1.01 Cr, and the paid-up capital is ₹2.00 M.

  • What is the compliance status of Equitable Finance Limited?

    The compliance status of Equitable Finance Limited is Active Non-Compliant.

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