Kedia Fingrowth Private Limited
About Kedia Fingrowth Private Limited
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Kedia Fingrowth Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the financial and leasing services segment of the financial services sector. It was incorporated on 31 August 1983.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U65910MH1983PTC353449.
The company had an authorised share capital of ₹65 Lakh and a paid-up capital of ₹56.47 Lakh. It was led by directors Gaurav Kedia and Saurabh Kedia.
Its last annual general meeting (AGM) was held on 03 June 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2022, the company reported a revenue of ₹6.08 Lakh, a decline of 87% compared to the previous year. For the same year it recorded a net profit of ₹9,864 (net margin 1.6%) and EBITDA of ₹21,554 (EBITDA margin 3.5%). Revenue has declined at a compounded annual rate (CAGR) of 68% over three years and 25% over five years.
Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Company details
CIN history
Kedia Fingrowth has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U65910MH1983PTC353449, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65910MH1983PTC353449 | Current |
| U65910WB1983PTC036726 | Previous |
| U65910RJ1983PTC057807 | Previous |
Contact details
Kedia Fingrowth Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC – 2 Unit No.342 F Wing Solaris 1 Premises, Cts 98 Saki Vihar Road Tungwa, Mumbai, Maharashtra, India – 400072
- IndustryFinancial Services, Financial & Leasing, Other Financial Intermediation
To see the full contact details of Kedia Fingrowth 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 Kedia Fingrowth 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 |
Financials of Kedia Fingrowth Private Limited
FY 2022 filings availableKedia Fingrowth Private Limited reported revenue of ₹6.08 Lakh (down 87% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 25% over five years, including a 87% fall in the latest year. EBITDA fell 99% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹21,554 | ||||
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| Net Profit (PAT) | ₹9,864 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.5% | ||||
| Net Profit Margin | 1.6% | ||||
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To see the full financial statements and ratios of Kedia Fingrowth Private Limited, buy the company report.
Board of directors of Kedia Fingrowth Private Limited
Kedia Fingrowth has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gaurav Kedia Also directs: MB Buildsquare LLP, Hightech Colonizers Private Limited, Kedia Grand Hotels and Palaces Private Limited and 5 more | Director | 11 Oct 2017 | 9 Years 0 Months | As last reported |
| Saurabh Kedia Also directs: MB Buildsquare LLP, Hightech Colonizers Private Limited, Kedia Grand Hotels and Palaces Private Limited and 5 more | Director | 09 Oct 2012 | 14 Years 0 Months | As last reported |
Peer comparison
Kedia Fingrowth Private Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (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 |
|---|---|---|---|---|---|---|
| Astralit Investments Private Limited | ₹6.26 Lakh (FY 2023) | Kolkata, West Bengal, India | ||||
| Kedia Fingrowth Private Limitedthis company | ₹6.08 Lakh (FY 2022) | ₹9,864 | 1.6% | -87.0% | Mumbai, Maharashtra, India | |
| Akal Finlease Limited | ₹5.83 Lakh (FY 2019) | -16.0% | Gurdaspur, Punjab, India | |||
| Ricon Commerce Ltd | ₹5.77 Lakh (FY 2021) | -45.0% | Kolkata, West Bengal, India | |||
| Pawapuri Mercantiles Pvt. Ltd. | ₹5.76 Lakh (FY 2018) | 772.0% | Kolkata, West Bengal, India | |||
| Payal Credit Pvt Ltd | ₹5.75 Lakh (FY 2017) | -73.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Kedia Fingrowth Private Limited, buy the company report.
Auditor
Kedia Fingrowth Private Limited is audited by M K VAIDH & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M K VAIDH & ASSOCIATES | FY 2017 | 010332C |
Shareholding
The shareholding of Kedia Fingrowth Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Kedia Fingrowth Private Limited, buy the company report.
Legal cases
Kedia Fingrowth Private Limited has 1 court case on record: 1 filed by Kedia Fingrowth. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jaipur Metro II, Rajasthan | Court case (Complaint) | Filed by the company against an individual | Pending |
To see the full case history of Kedia Fingrowth 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 Kedia Fingrowth Private 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 Kedia Fingrowth Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Kedia Fingrowth Private Limited has 8 board changes on record since 2011: 2 appointments and 6 cessations. The latest: Rajendra Kumar Kedia ceased to be Director on 15 May 2019.
Frequently asked questions
Kedia Fingrowth 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.
Kedia Fingrowth was a private limited company based in Mumbai, Maharashtra, India. The company worked in financial and leasing, within the financial services industry. It was incorporated on 31 August 1983 and is registered under CIN U65910MH1983PTC353449. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Kedia Fingrowth was incorporated on 31 August 1983. It is registered with the Registrar of Companies, Mumbai.
Kedia Fingrowth had 2 directors:
- Gaurav Kedia - Director
- Saurabh Kedia - Director
The CIN (Corporate Identification Number) of Kedia Fingrowth is U65910MH1983PTC353449. 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 Kedia Fingrowth is at C – 2 Unit No.342 F Wing Solaris 1 Premises, Cts 98 Saki Vihar Road Tungwa, Mumbai, Maharashtra, India – 400072.
The latest financial statements of Kedia Fingrowth on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 03 June 2022. Year-wise statements from 2015 are in the company report.
Kedia Fingrowth operated in the financial services industry, in the financial and leasing segment.
The peers of Kedia Fingrowth by revenue are Astralit Investments Private Limited, Akal Finlease Limited, Ricon Commerce Ltd, Pawapuri Mercantiles Pvt. Ltd, Payal Credit Pvt Ltd, all in the BFSI industry (NBFC), with the same principal business activity (other financial activities).
Kedia Fingrowth has 1 court case on record: 1 filed by the company. 1 is pending.
Rajendra Kumar Kedia ceased to be Director on 15 May 2019. Gaurav Kedia ceased to be Additional Director on 05 Sep 2018. Gaurav Kedia was appointed as Director on 11 Oct 2017. Kedia Fingrowth has 8 board changes on record in total.