Finar Limited, a amalgamated public limited company, was established on 02 September 1998 in Ahmedabad, Gujarat, India. Engaging in specialty chemicals within the manufacturing sector, it holds CIN: U24231GJ1998PLC034615. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹20.00 Cr and a paid-up capital of ₹9.75 Cr.
Formerly known as Finar Chemicals Private Limited, Finar Chemicals Limited. It upholds a compliant status. Employing 238 professional, Its leadership includes James Douglas Steele (Director), Arpit Chandrakant Butala (Cfo), Varun Vijay Rao (Director). Past directors included Nitin Singh, Mahendra Bhansali, Parikshit Narendrabhai Boradia. It holds no open charges and ₹107.53 Cr settled loans. Its latest AGM occurred on 01 September 2023, with the balance sheet filed on 31 March 2023. It is based at 184-185-186/P, Vill: Chacharwadi Vasna, Sarkhej Bavla Highway,Sanand, Ahmedabad, Gujarat, 382110.
U24231GJ1998PLC034615
034615
02 September 1998
₹20.00 Cr
₹9.75 Cr
Roc Ahmedabad
Unlisted
Amalgamated
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| James Douglas Steele | Director | 13 May 2021 | Current |
| Arpit Chandrakant Butala | Cfo | 17 Jun 2019 | Current |
| Varun Vijay Rao | Director | 13 May 2021 | Current |
| Sunil Punjabi | Managing Director | 07 Jan 2023 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Director | 18 May 2024 | Past |
| Pramod Abcsdd | Cfo(Kmp) | 01 May 2019 | Past |
| Pramod Abcsdd | Director | 13 May 2021 | Past |
| Pramod Abcsdd | Director | 14 May 2022 | Past |
| Pramod Abcsdd | Additional Director | 30 Sep 2021 | Past |
| Pramod Abcsdd | Director | 13 May 2021 | Past |
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Finar Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.05% increase. The company also saw a substantial improvement in profitability, with a 94.91% increase in profit. The company's net worth moved up by a moderate rise of 6.94%.
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In 2021, Finar had a promoter holding of 99.55% and a public holding of 0.45%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹0
₹1,075,288,000.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Feb 2020 | Hdfc Bank Limited | ₹2.00 M | Satisfied |
| 29 Jan 2009 | Hdfc Bank Limited | ₹0.29 M | Satisfied |
| 24 Nov 2000 | Others | ₹53.65 Cr | Satisfied |
| 12 Sep 2000 | Others | ₹53.65 Cr | Satisfied |
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Finar has a workforce of 238 employees as of Apr 02, 2024. 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.
Gain comprehensive insights into the Deals and Valuation data of Finar, 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 Finar's trajectory.
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The activity Arpit Chandrakant Butala was appointed as a CFO was appointed as a CFO on 16 Feb 2024 & has been associated with this company since 1 year 9 months . was completed.
Progress on Finar Limited last Annual general meeting of members was held on 01 Sep 2023 as per latest MCA records. was documented.
The activity Finar Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad. was completed.
The activity Sunil Punjabi was appointed as a Managing Director was appointed as a Managing Director on 07 Jan 2023 & has been associated with this company since 2 years 11 months . was completed.
The activity A charge registered on 29 Feb 2020 via Charge ID 100327907 with Hdfc Bank Limited was fully satisfied on 25 May 2021. was completed.
The activity A charge registered on 24 Nov 2000 via Charge ID 80007283 with Others was fully satisfied on 13 May 2021. was completed.
The CIN of Finar Limited is U24231GJ1998PLC034615.
Finar Limited is headquartered at 184-185-186/P, Vill: Chacharwadi Vasna, Sarkhej Bavla Highway,Sanand, Ahmedabad, Gujarat, 382110.
Finar Limited was incorporated on 02 September 1998.
The current directors of Finar Limited are
The primary industry of Finar Limited is Manufacturing.
Finar Limited is unlisted.
The authorized capital of Finar Limited is ₹20.00 Cr, and the paid-up capital is ₹9.75 Cr.
The compliance status of Finar Limited is Compliant.
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