Het Finance Private Limited
About Het Finance Private Limited
Data last updated:
Het Finance Private Limited is a private limited company based in Bhuj, Gujarat, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 11 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U15500GJ2008PTC053568. Its GSTIN is 24AACCH0196H1ZS (Gujarat).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.76 Cr. It is led by directors Paresh Lavjibhai Mehta and Kavita Paresh Mehta.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at A – 37 Katira Shopping Rto Ring Road, Bhuj, Gujarat, India – 370001.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.3 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹2.2 Cr (net margin 66.6%) and EBITDA of ₹2.94 Cr (EBITDA margin 89.2%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 104% over five years.
As per MCA filings, the company has satisfied charges of ₹5.5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Het Finance Private Limited's registered office is in Bhuj, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA – 37 Katira Shopping Rto Ring Road, Bhuj, Gujarat, India – 370001
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Het Finance Private 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 Het Finance is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Het Finance Private Limited, buy the company report.
Financials of Het Finance Private Limited
FY 2024 filings availableHet Finance Private Limited reported revenue of ₹3.3 Cr (down 13% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 104%. EBITDA fell 22% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹2.94 Cr | ||||
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| Net Profit (PAT) | ₹2.2 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 89.2% | ||||
| Net Profit Margin | 66.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Het Finance Private Limited, buy the company report.
Board of directors of Het Finance Private Limited
Het Finance has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Paresh Lavjibhai Mehta Also directs: Hsquare Globetrade LLP | Director | 11 Apr 2008 | 18 Years 6 Months | Current |
| Kavita Paresh Mehta Also directs: Hsquare Globetrade LLP | Director | 11 Apr 2008 | 18 Years 6 Months | Current |
Peer comparison
Het Finance Private Limited is compared with the 6 companies closest to it by revenue in the BFSI industry (Finance, NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Swastika Fin-Mart Private Limited | ₹3.31 Cr (FY 2018) | 61.0% | Indore, Madhya Pradesh, India | |||
| Kanodia Finance Pvt.Ltd. | ₹3.31 Cr (FY 2025) | -26.0% | Kolkata, West Bengal, India | |||
| Kapilesh Stock Holding Pvt Ltd | ₹3.3 Cr (FY 2025) | -41.0% | Kolkata, West Bengal, India | |||
| Het Finance Private Limitedthis company | ₹3.3 Cr (FY 2024) | ₹2.2 Cr | 66.6% | -13.0% | Bhuj, Gujarat, India | |
| Raj Profin Private Limited | ₹3.3 Cr (FY 2025) | 536.0% | New Delhi, Delhi, India | |||
| Global Capital Markets Limited | ₹3.29 Cr (FY 2025) | 175.0% | Kolkata, West Bengal, India | |||
| Centak Distributors Pvt Ltd | ₹3.29 Cr (FY 2025) | 48.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Het Finance Private Limited, buy the company report.
Auditor
Het Finance Private Limited is audited by D. L. Vegad And Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D. L. Vegad And Co | FY 2023 | 111347W |
Shareholding
The shareholding of Het Finance Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Het Finance Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jun 2022 | 100590931 | Others | ₹50 Lakh | Satisfied | |
| 16 Oct 2021 | 100532297 | Others | ₹5 Cr | Satisfied |
To see the full charge records of Het Finance Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Het Finance Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Het Finance Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Het Finance has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCH0196H1ZS | Gujarat | Active | 05 Feb 2020 |
To see the full GST registrations and return filing status of Het Finance Private Limited, buy the company report.
Recent activity
Het Finance Private Limited has 5 board changes on record since 2008: 2 appointments and 3 cessations. The latest: Arvind Kumar Kothari ceased to be Additional Director on 15 Jul 2020.
Frequently asked questions
Het Finance is an active private limited company based in Bhuj, Gujarat, India. The company works in nbfc, within the financial services industry. It was incorporated on 11 April 2008 (18+ years old) and is registered under CIN U15500GJ2008PTC053568.
Het Finance has 2 current directors:
- Paresh Lavjibhai Mehta - Director
- Kavita Paresh Mehta - Director
The latest financial statements of Het Finance on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Het Finance is 24AACCH0196H1ZS, registered in Gujarat.
The CIN (Corporate Identification Number) of Het Finance is U15500GJ2008PTC053568. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Het Finance was incorporated on 11 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Het Finance by revenue are Swastika Fin-Mart Private Limited, Kanodia Finance Pvt.Ltd, Kapilesh Stock Holding Pvt Ltd, Raj Profin Private Limited, Global Capital Markets Limited and 1 more, all in the BFSI industry (Finance, NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Arvind Kumar Kothari ceased to be Additional Director on 15 Jul 2020. Mahendra Narayanji Sejpal ceased to be Additional Director on 06 Jun 2018. Santosh Dattatraya Date ceased to be Director on 06 Jun 2018. Het Finance has 5 board changes on record in total.
The registered office of Het Finance is at A – 37 Katira Shopping Rto Ring Road, Bhuj, Gujarat, India – 370001.
Het Finance operates in the financial services industry, in the nbfc segment.
Het Finance has no open charges and satisfied charges of ₹5.5 Cr as per latest MCA filings.
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