Help Finance Limited
About Help Finance Limited
Data last updated:
Help Finance Limited is a public limited company based in Amritsar, Punjab, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 19 December 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U65921PB1996PLC019189. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.21 Cr. It is led by directors including Monika and Balbir Singh.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 39 – B Back Side Market A Block New Amritsar, Punjab, India – 143001.
As per the financials filed for FY 2018, the company reported a revenue of ₹2.98 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹1.47 Cr (net margin -49.4%) and EBITDA of ₹2.04 Cr (EBITDA margin 68.4%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years.
As per MCA filings, the company has open charges of ₹25.28 Cr on record. Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Help Finance has one previous CIN (Corporate Identification Number): U65921PB1996PTC019189. The current CIN is U65921PB1996PLC019189, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65921PB1996PLC019189 | Current |
| U65921PB1996PTC019189 | Previous |
Contact details
Help Finance Limited's registered office is in Amritsar, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address39 – B Back Side Market A Block New Amritsar, Punjab, India – 143001
- IndustryFinancial Services, NBFC
To see the full contact details of Help Finance Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Help Finance is financial and insurance service. In detail, this covers financial and credit leasing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K5 | Financial and Credit leasing activities |
To see the full business activity and turnover split of Help Finance Limited, buy the company report.
Financials of Help Finance Limited
FY 2018 filings availableHelp Finance Limited reported revenue of ₹2.98 Cr (down 27% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 2% over three years, including a 27% fall in the latest year. EBITDA fell 5% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹2.98 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹2.04 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹1.47 Cr | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 68.4% | |||
| Net Profit Margin | -49.4% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Help Finance Limited, buy the company report.
Board of directors of Help Finance Limited
Help Finance has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Monika | Director | 08 Jul 2019 | 7 Years 3 Months | Current |
| Balbir Singh | Director | 23 May 2019 | 7 Years 4 Months | Current |
| Mohan Lal | Director | 19 Sep 2011 | 15 Years 1 Months | Current |
Auditor
Help Finance Limited is audited by SAT PAL SHARMA & CO. for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAT PAL SHARMA & CO. | FY 2018 | 010480N |
Shareholding
The shareholding of Help Finance Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Help Finance Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Oct 2016 | 100055552 | Others | ₹10 Cr | Open | |
| 29 Jul 2016 | 100041874 | Others | ₹61 Lakh | Open | |
| 25 May 2016 | 100028419 | Others | ₹1.76 Cr | Open | |
| 15 Mar 2016 | 100025207 | Others | ₹83 Lakh | Open | |
| 20 Jan 2016 | 10618164 | Sarabjot Singh Gill | ₹71.7 Lakh | Open |
To see the full charge records of Help Finance Limited, buy the company report.
Total charge records: 18 View all charges
Legal cases
Help Finance Limited has 6 court cases on record: 3 filed by Help Finance, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 3 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Civil suit | Filed against the company by an individual | Disposed |
| District court, South East, Delhi | Civil suit | Filed against the company by an individual | Disposed |
| District court, Amritsar, Punjab | Civil suit | Filed against the company by an individual | Disposed |
| District court, Amritsar, Punjab | Cheque dishonour complaint | Filed by the company against an individual | Disposed |
| District court, Gurdaspur, Punjab | Court case (CRR) | Filed by the company against an individual | Disposed |
To see the full case history of Help Finance Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Help Finance Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Help Finance has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Help Finance Limited, buy the company report.
Recent activity
Help Finance Limited has 13 board changes on record since 2011: 3 appointments and 10 cessations. The latest: Monika was appointed as Director on 08 Jul 2019.
34 earlier events are in the company report.
Frequently asked questions
Help Finance is an active public limited company based in Amritsar, Punjab, India. The company works in nbfc, within the financial services industry. It was incorporated on 19 December 1996 (30+ years old) and is registered under CIN U65921PB1996PLC019189.
Help Finance has 3 current directors:
- Monika - Director
- Balbir Singh - Director
- Mohan Lal - Director
The latest financial statements of Help Finance on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
No. Help Finance has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Help Finance is U65921PB1996PLC019189. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Help Finance has 6 court cases on record: 3 filed by the company and 3 filed against it.
Help Finance was incorporated on 19 December 1996, making it 30+ years old. It is registered with the Registrar of Companies, Chandigarh.
Monika was appointed as Director on 08 Jul 2019. Anuradha Maindiratta ceased to be Director on 24 May 2019. Balbir Singh was appointed as Director on 23 May 2019. Help Finance has 13 board changes on record in total.
The registered office of Help Finance is at 39 – B Back Side Market A Block New Amritsar, Punjab, India – 143001.
Help Finance operates in the financial services industry, in the nbfc segment.