Friends Loan Company Limited Company Logo

Friends Loan Company Limited - Company Profile

It is a financial services public limited company based in Raebareli, Uttar Pradesh, India, established in 1996.

1996 | Raebareli, Uttar Pradesh, India | Active
Last Updated:

About Friends Loan Company Limited

Friends Loan Company Limited, a active public limited company, was established on 25 April 1996 in Raebareli, Uttar Pradesh, India. Engaging in nbfc within the financial and insurance service sector, it holds CIN: U65992UP1996PLC019868. Registered under ROC Roc Kanpur. it is unlisted. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹5.00 Cr.

Formerly known as Friends Mutual Benefits Ltd. It upholds a compliant status. Its leadership includes Niraj Kumar (Director), Dalbahadur Singh (Director), Rananjay Singh (Director). Past directors included Sukh Verma Ram, Ram Shri Verma, Chabi Nath Singh. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 22/204 Nehru Nagar, Raebareli, Uttar Pradesh, 229001.

Company Details

  • CIN/LLPIN

    U65992UP1996PLC019868

  • Registration Number

    019868

  • Incorporation Date

    25 April 1996

  • Authorized Capital

    ₹5.00 Cr

  • Paid-Up Capital

    ₹5.00 Cr

  • ROC Code

    Roc Kanpur

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 5.00 Cr
  • Company Age 29 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -13.40%
  • Profit Growth -3.45%
  • Ebitda -6.07%
  • Net Worth 0.91%
  • Total Assets 15.76%
Company report

Friends Loan Company Limited

Company Report FY 2025-2026

Explore comprehensive insights into Friends Loan Company 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 Friends Loan Company Limited?

Current Directors

NameDesignationAppointment DateStatus
Niraj KumarDirector30 Sep 2015Current
Dalbahadur SinghDirector30 Sep 2015Current
Rananjay SinghDirector30 Sep 2015Current
Rajesh VermaWhole-Time Director25 Apr 1996Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddManaging Director15 Apr 2019Past
Pramod AbcsddWhole-Time Director02 Sep 2017Past
Pramod AbcsddDirector02 Sep 2017Past

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Financial Performance of Friends Loan Company.

Friends Loan Company Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 13.4% decrease. The company also saw a slight decrease in profitability, with a 3.45% decrease in profit. The company's net worth moved up by a moderate rise of 0.91%.

Friends Loan Company revenue growth over time
Friends Loan Company 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
-13.40%
Revenue from Operations
-13.40%
Total Assets
15.76%
Profit or Loss
-3.45%
Net Worth
0.91%
EBITDA
-6.07%

What is the Ownership and Shareholding Structure of Friends Loan Company?

In 2022, Friends Loan Company had a promoter holding of 5.19% and a public holding of 94.81%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

There are no open charges registered against the company as per our records.

How Many Employees Work at Friends Loan Company?

Unlock and access historical data on people associated with Friends Loan Company, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Friends Loan Company Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Friends Loan Company, 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 Friends Loan Company'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.

Alerts

Alert Indicator

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.

Latest Updates, News, and FAQs on Friends Loan Company

Recent Activity within the Organization

  • Annual General Meeting

    The activity Friends Loan Company Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Friends Loan Company Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur. was recorded as a recent event.

  • Director Appointment

    Progress on Niraj Kumar was appointed as a Director was appointed as a Director on 30 Sep 2015 & has been associated with this company since 10 years 2 months . was documented.

  • Director Appointment

    Progress on Dalbahadur Singh was appointed as a Director was appointed as a Director on 30 Sep 2015 & has been associated with this company since 10 years 2 months . was documented.

  • Director Appointment

    The activity Rananjay Singh was appointed as a Director was appointed as a Director on 30 Sep 2015 & has been associated with this company since 10 years 2 months . was completed.

  • Director Appointment

    The activity Rajesh Verma was appointed as a Whole-time director was appointed as a Whole-time director on 25 Apr 1996 & has been associated with this company since 29 years 7 months . was completed.

Frequently Asked Questions

  • What is the CIN of Friends Loan Company Limited?

    The CIN of Friends Loan Company Limited is U65992UP1996PLC019868.

  • Where is Friends Loan Company Limited headquartered?

    Friends Loan Company Limited is headquartered at 22/204 Nehru Nagar, Raebareli, Uttar Pradesh, 229001.

  • When was Friends Loan Company Limited incorporated?

    Friends Loan Company Limited was incorporated on 25 April 1996.

  • Who are the current directors of Friends Loan Company Limited?

    The current directors of Friends Loan Company Limited are

  • What is the primary industry of Friends Loan Company Limited?

    The primary industry of Friends Loan Company Limited is Financial And Insurance Service.

  • Is Friends Loan Company Limited a listed company?

    Friends Loan Company Limited is unlisted.

  • What is the capital structure of Friends Loan Company Limited?

    The authorized capital of Friends Loan Company Limited is ₹5.00 Cr, and the paid-up capital is ₹5.00 Cr.

  • What is the compliance status of Friends Loan Company Limited?

    The compliance status of Friends Loan Company Limited is Compliant.

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