About Insta Finance Limited
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Insta Finance Limited is a public limited company based in Vadodara, Gujarat, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 23 July 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L74140GJ1990PLC014078. It is recorded as listed by MCA, but its shares were delisted from BSE on 23 Nov 2023 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹10 Cr. It was formerly known as Sdfc Finance Ltd. It is led by directors including Satish Vadilal Raval (Managing Director) and Alkaben Ajaykumar Jadhav.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 205 Unique Centre Sayajigunj Above Kansar Hotel Vadodara, Gujarat, India – 395000.
As per the financials filed for FY 2018, the company reported a revenue of ₹68.52 Lakh, a decline of 24% compared to the previous year. For the same year it recorded a net loss of ₹11,221 (net margin -0.2%) and EBITDA of ₹5,285 (EBITDA margin 0.1%). Revenue has grown at a compounded annual rate (CAGR) of 74% over five years.
The company is associated with 2 brands: Instaprovalue and Insta Lender. Court records list 15 cases involving the company, including 4 filed by the company and 11 filed against it. The company has 30 deals on record (30 market trades); the latest was in April 2015.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website sdfcl.com.
Company details
CIN history
Insta Finance has one previous CIN (Corporate Identification Number): U74140GJ1990PLC014078. The current CIN is L74140GJ1990PLC014078, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74140GJ1990PLC014078 | Current |
| U74140GJ1990PLC014078 | Previous |
Contact details
Insta Finance Limited's registered office is in Vadodara, Gujarat. Its website is sdfcl.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address205 Unique Centre Sayajigunj Above Kansar Hotel Vadodara, Gujarat, India – 395000
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Insta 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
Brands
Insta Finance operates two associated brands: Instaprovalue and Insta Lender. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Forex brokerage services, including trading platforms and investment tools. | instaprovalue.com | |
| Forex brokerage services including trading platforms, education, and investments. | insta-lender.com |
Business activity
The main business activity of Insta 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 Insta Finance Limited, buy the company report.
Financials of Insta Finance Limited
FY 2018 filings availableInsta Finance Limited reported revenue of ₹68.52 Lakh (down 24% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 24% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 74%. 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 | ₹68.52 Lakh | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹5,285 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹11,221 | |||
| 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 | 0.1% | |||
| Net Profit Margin | -0.2% | |||
| 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 Insta Finance Limited, buy the company report.
Board of directors of Insta Finance Limited
Insta Finance has 3 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alkaben Ajaykumar Jadhav | Additional Director | 08 Aug 2017 | 9 Years 2 Months | Current |
| Sanjay Ambalal Patel | Additional Director | 09 May 2017 | 9 Years 5 Months | Current |
| Satish Vadilal Raval Also directs: Novagold Petro-Resources Limited, Tribhuvan Housing Limited, Millennium Cybertech Limited and 2 more | Managing Director | 17 Jan 2013 | 13 Years 9 Months | Current |
Auditor
Insta Finance Limited is audited by Mohandas & Co. for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mohandas & Co. | FY 2018 | 106529W |
Shareholding
The shareholding of Insta Finance Limited is on record for 2 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Insta Finance Limited, buy the company report.
Deals & funding
Insta Finance Limited has 30 deals on record (30 market trades); the latest was in April 2015.
Deals on record (5 of 30)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2014 | Market trade | ₹12.9 Lakh | Buyer: Sapan Chemicals Limited Seller: Inventure Growth and Securities Limited |
| Dec 2013 | Market trade | ₹7.8 Lakh | Seller: Sonal International Limited |
| Dec 2013 | Market trade | ₹9.6 Lakh | Seller: Cornhill Trading Company Private Limited |
| Dec 2013 | Market trade | ₹7.9 Lakh | Seller: Stardom Trading Company Private Limited |
| Nov 2013 | Market trade | ₹23.3 Lakh | Seller: Cornhill Trading Company Private Limited , an individual |
To see the full deal history of Insta Finance Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Insta Finance Limited has 15 court cases on record: 4 filed by Insta Finance, 11 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 10 | 0 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Uttarakhand | Court case (WPMS) | Filed by the company against State of Uttarakhand | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed against the company by The Registrar of Companies | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by The Registrar of Companies | Disposed |
| District court, Ahmedabad, Gujarat | Criminal miscellaneous application | Filed against the company by The Registrar of Companies | Disposed |
| High Court, GUJARAT | Court case (COMP) | Filed against the company by Kunal Services | Disposed |
To see the full case history of Insta 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 Insta Finance Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Insta Finance Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Insta Finance Limited has 34 board changes on record since 2005: 17 appointments and 17 cessations. The latest: Alkaben Ajaykumar Jadhav ceased to be Additional Director on 11 Apr 2019.
25 earlier events are in the company report.
Frequently asked questions
Insta Finance is an active public limited company based in Vadodara, Gujarat, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 23 July 1990 (36+ years old) and is registered under CIN L74140GJ1990PLC014078.
Insta Finance has 3 current directors:
- Satish Vadilal Raval - Managing Director
- Alkaben Ajaykumar Jadhav - Additional Director
- Sanjay Ambalal Patel - Additional Director
The latest financial statements of Insta Finance on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Insta Finance is L74140GJ1990PLC014078. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Insta Finance is recorded as a listed company by MCA, but its shares were delisted from BSE on 23 Nov 2023 · compulsory delisting, and no longer trade on a stock exchange.
Insta Finance has 15 court cases on record: 4 filed by the company and 11 filed against it. Most are in the district courts.
Insta Finance was incorporated on 23 July 1990, making it 36+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Insta Finance has 30 deals on record (30 market trades); the latest was in April 2015.
Alkaben Ajaykumar Jadhav ceased to be Additional Director on 11 Apr 2019. Sanjay Ambalal Patel ceased to be Additional Director on 11 Apr 2019. Satish Vadilal Raval ceased to be Managing Director on 11 Apr 2019. Insta Finance has 34 board changes on record in total.
Insta Finance can be reached through the website sdfcl.com. Its registered office is in Vadodara, Gujarat, India.