About Joindre Finance Private Limited
Data last updated:
Joindre Finance Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Montecino Constructions Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the investment and credit NBFC segment of the financial services sector. It was incorporated on 15 September 2005.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U65910MH2005PTC156094. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹4 Cr and a paid-up capital of ₹35 Lakh. It was led by directors including Vijay Hiramani Dangwal and Mukund Jaysinh Asher.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹15,784, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹4.94 Cr and EBITDA of -₹31.82 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 87% over three years and 90% over five years.
Its group structure included 2 subsidiaries.
As per MCA filings, the company had satisfied charges of ₹70 Cr on record. Court records list 6 cases involving the company, including 2 filed by the company and 4 filed against it; 2 cases are pending.
The last known website on record is americorpfund.com.
Company details
Contact details
Joindre Finance Private Limited's registered office is in Mumbai, Maharashtra. Its website is americorpfund.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1607 16th Floor Lodha Supremus Opp. Kamala Mills Compound Senapati Bapat Marg, Lower Par El India, Mumbai, Maharashtra, India – 400013
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
To see the full contact details of Joindre 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 Joindre 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 Joindre Finance Private Limited, buy the company report.
Financials of Joindre Finance Private Limited
FY 2023 filings availableJoindre Finance Private Limited reported revenue of ₹15,784 (down 99% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 90% over five years, including a 99% fall 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹15,784 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹31.82 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.94 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Joindre Finance Private Limited, buy the company report.
Board of directors of Joindre Finance Private Limited
Joindre Finance has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Hiramani Dangwal Also directs: Base Realty Private Limited, Devmon Constructions Private Limited, Americorp Capital Private Limited and 5 more | Director | 11 Jul 2014 | 12 Years 3 Months | As last reported |
| Mukund Jaysinh Asher | Director | 12 Mar 2014 | 12 Years 7 Months | As last reported |
| Harish Motiram Fabiani | Director | 01 Mar 2014 | 12 Years 8 Months | As last reported |
Auditor
Joindre Finance Private Limited is audited by NGS & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NGS & Co. LLP | FY 2023 | 119850W |
Shareholding
The shareholding of Joindre 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 Joindre Finance Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Oct 2020 | 100405751 | Others | ₹35 Cr | Satisfied | |
| 15 Oct 2016 | 100063336 | Others | ₹35 Cr | Satisfied |
To see the full charge records of Joindre Finance Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Joindre Finance Private Limited has 6 court cases on record: 2 filed by Joindre Finance, 4 filed against it. 2 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 4 | 2 |
| NCLT | 2 | 0 | 0 |
Cases on record (4 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (APEAL) | Filed against the company by Joindre Capital Services Limited and Anr | Pending |
| Bombay High Court | Court case (ALP) | Filed against the company by Joindre Capital Services Limited and Anr | Disposed |
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Joindre Finance Private 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 Joindre Finance Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Joindre Finance has 2 subsidiary companies and 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Americorp Business Services Private Limited | U70100MH2002PTC136458 | |
| Parmaz Estates Private Limited | U70109MH2012PTC310152 |
To see the full group structure of Joindre Finance Private Limited, buy the company report.
GST
Joindre Finance has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Joindre Finance Private Limited, buy the company report.
Recent activity
Joindre Finance Private Limited has 14 board changes on record since 2007: 3 appointments and 11 cessations. The latest: Harish Motiram Fabiani ceased to be Nominee Director on 30 Sep 2014.
10 earlier events are in the company report.
Frequently asked questions
Joindre Finance has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Joindre Finance was a private limited company based in Mumbai, Maharashtra, India. The company worked in investment and credit nbfc, within the financial services industry. It was incorporated on 15 September 2005 and is registered under CIN U65910MH2005PTC156094. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Joindre Finance was incorporated on 15 September 2005. It is registered with the Registrar of Companies, Mumbai.
Joindre Finance had 3 directors:
- Vijay Hiramani Dangwal - Director
- Mukund Jaysinh Asher - Director
- Harish Motiram Fabiani - Director
The CIN (Corporate Identification Number) of Joindre Finance is U65910MH2005PTC156094. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Joindre Finance is at 1607 16th Floor Lodha Supremus Opp. Kamala Mills Compound Senapati Bapat Marg, Lower Par El India, Mumbai, Maharashtra, India – 400013.
Joindre Finance can be reached through the website americorpfund.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Joindre Finance on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
No. Joindre Finance has 1 GST registration on record and it is cancelled or inactive.
Joindre Finance operated in the financial services industry, in the investment and credit nbfc segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
