Saral Finvest Pvt Ltd
About Saral Finvest Pvt Ltd
Data last updated:
Saral Finvest Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 08 July 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH1993PTC072740. Its GSTIN is 24AAACS8271N1ZY (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.9 Cr and a paid-up capital of ₹1.78 Cr. It is led by directors Tejal Rahul Vasani and Rahul Rameshchandra Vasani.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 58 Kailash Nagar 2nd Floor 658 Tardev Road Opp. Bhatia Hospital, Mumbai, Maharashtra, India – 400007.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.44 Lakh, a decline of 89% compared to the previous year. For the same year it recorded a net loss of ₹67.31 Lakh and EBITDA of -₹67.31 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 65% over three years and 50% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
Court records list 38 cases involving the company, including 38 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Saral Finvest Pvt Ltd's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address58 Kailash Nagar 2nd Floor 658 Tardev Road Opp. Bhatia Hospital, Mumbai, Maharashtra, India – 400007
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Saral Finvest Pvt Ltd, 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 Saral Finvest 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 Saral Finvest Pvt Ltd, buy the company report.
Financials of Saral Finvest Pvt Ltd
FY 2022 filings availableSaral Finvest Pvt Ltd reported revenue of ₹1.44 Lakh (down 89% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 50% over five years, including a 89% fall in the latest year. EBITDA fell 21% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹67.31 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹67.31 Lakh | ||||
| 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 Saral Finvest Pvt Ltd, buy the company report.
Board of directors of Saral Finvest Pvt Ltd
Saral Finvest has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tejal Rahul Vasani | Director | 25 Feb 2012 | 14 Years 8 Months | Current |
| Rahul Rameshchandra Vasani | Director | 08 Jul 1993 | 33 Years 4 Months | Current |
Peer comparison
Saral Finvest Pvt Ltd is compared with the 5 companies closest to it by revenue in the BFSI industry (Other Financial Services), 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 |
|---|---|---|---|---|---|---|
| Amardhan Speciality Feeds Limited | ₹1.44 Lakh (FY 2016) | New Delhi, Delhi, India | ||||
| Saral Finvest Pvt Ltdthis company | ₹1.44 Lakh (FY 2022) | -₹67.31 Lakh | -89.0% | 2 | Mumbai, Maharashtra, India | |
| Vasurupa India Nidhi Limited | ₹1.43 Lakh (FY 2021) | 8.0% | Delhi, India | |||
| Takshsan Nidhi Limited | ₹1.43 Lakh (FY 2025) | Surat, Gujarat, India | ||||
| Shivam Vyapaar Private Limited | ₹1.43 Lakh (FY 2024) | 6.0% | Kolkata, West Bengal, India | |||
| Mudrakosh Nidhi Limited | ₹1.43 Lakh (FY 2023) | Raiganj, West Bengal, India |
To see the full peer comparison of Saral Finvest Pvt Ltd, buy the company report.
Auditor
Saral Finvest Pvt Ltd is audited by RAGNESH DESAI & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAGNESH DESAI & CO | FY 2017 | 108282W |
Shareholding
The shareholding of Saral Finvest Pvt Ltd 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 Saral Finvest Pvt Ltd, buy the company report.
Legal cases
Saral Finvest Pvt Ltd has 38 court cases on record: 38 filed by Saral Finvest. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 38 | 0 | 0 |
Cases on record (5 of 38)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Valsad, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, Valsad, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, Valsad, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, Valsad, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, Valsad, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Saral Finvest Pvt Ltd, 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 Saral Finvest Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Saral Finvest Pvt Ltd has a workforce of 2 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Saral Finvest has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACS8271N1ZY | Gujarat | Active | 01 Aug 2017 |
To see the full GST registrations and return filing status of Saral Finvest Pvt Ltd, buy the company report.
Recent activity
Saral Finvest Pvt Ltd has 4 board changes on record since 1993: 2 appointments and 2 cessations. The latest: Tejal Rahul Vasani ceased to be Additional Director on 29 Sep 2012.
Frequently asked questions
Saral Finvest is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 08 July 1993 (33+ years old) and is registered under CIN U65990MH1993PTC072740.
Saral Finvest has 2 current directors:
- Tejal Rahul Vasani - Director
- Rahul Rameshchandra Vasani - Director
The latest financial statements of Saral Finvest on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Saral Finvest is 24AAACS8271N1ZY, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Saral Finvest is U65990MH1993PTC072740. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saral Finvest has 38 court cases on record: 38 filed by the company.
Saral Finvest was incorporated on 08 July 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Saral Finvest by revenue are Amardhan Speciality Feeds Limited, Vasurupa India Nidhi Limited, Takshsan Nidhi Limited, Shivam Vyapaar Private Limited, Mudrakosh Nidhi Limited, all in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities).
Tejal Rahul Vasani ceased to be Additional Director on 29 Sep 2012. Meena Chandrakant Dhupelia ceased to be Director on 25 Feb 2012. Tejal Rahul Vasani was appointed as Director on 25 Feb 2012. Saral Finvest has 4 board changes on record in total.
The registered office of Saral Finvest is at 58 Kailash Nagar 2nd Floor 658 Tardev Road Opp. Bhatia Hospital, Mumbai, Maharashtra, India – 400007.
Saral Finvest operates in the financial services industry, in the diversified financial services 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.
