About Supama Financial Services Limited
Data last updated:
Supama Financial Services Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Riddisiddhi Bullions Limited. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the diversified financial services segment of the financial services sector. It was incorporated on 18 March 2005.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U93000MH2005PLC152067.
The company had an authorised share capital of ₹26.25 Cr and a paid-up capital of ₹16 Cr. It was led by directors including Hitesh Hirachand Bafna (Whole-Time Director) and Manish Ashok Jhaveri (Whole-Time Director).
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 was at 27/2 109 Sheikh Memon Streetshahi Galli Zaveri Bazar, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2022, the company reported a revenue of ₹87.87 Lakh, a decline of 82% compared to the previous year. For the same year it recorded a net profit of ₹67.41 Lakh (net margin 76.7%) and EBITDA of -₹10.15 Lakh (EBITDA margin -11.5%). Revenue has declined at a compounded annual rate (CAGR) of 39% over three years and 25% over five years.
Court records list 2 cases involving the company, including 2 filed by the company.
The last known website on record is arvog.com.
Company details
CIN history
Supama Financial Services has one previous CIN (Corporate Identification Number): U67190MH2005PLC152067. The current CIN is U93000MH2005PLC152067, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U93000MH2005PLC152067 | Current |
| U67190MH2005PLC152067 | Previous |
Contact details
Supama Financial Services Limited's registered office is in Mumbai, Maharashtra. Its website is arvog.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address27/2 109 Sheikh Memon Streetshahi Galli Zaveri Bazar, Mumbai, Maharashtra, India – 400002
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Supama Financial Services 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
Financials of Supama Financial Services Limited
FY 2022 filings availableSupama Financial Services Limited reported revenue of ₹87.87 Lakh (down 82% 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 82% 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 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 | ₹87.87 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹10.15 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹67.41 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 | -11.5% | ||||
| Net Profit Margin | 76.7% | ||||
| 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 Supama Financial Services Limited, buy the company report.
Board of directors of Supama Financial Services Limited
Supama Financial Services has 5 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjiv Laxman Arole Also directs: Riddisiddhi Bullions Limited, Supama Commodities Limited | Director | 07 Aug 2018 | 8 Years 3 Months | As last reported |
| Nishant Tolchand Ranka Also directs: Ramgopal Polytex Limited, Finkurve Financial Services Limited, Ideal Fiscal Services Ltd and 2 more | Director | 07 Aug 2018 | 8 Years 3 Months | As last reported |
| Mukesh Manekchand Kothari | Director | 28 Aug 2015 | 11 Years 2 Months | As last reported |
| Hitesh Hirachand Bafna Also directs: HR Commercials Private Limited | Whole-Time Director | 22 Sep 2017 | 9 Years 1 Months | As last reported |
| Manish Ashok Jhaveri Also directs: Kotsin Commerce LLP, Fictional Realities LLP, Yojna Consultants Private Limited and 5 more | Whole-Time Director | 28 Aug 2015 | 11 Years 2 Months | As last reported |
Auditor
Supama Financial Services Limited is audited by CAS & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CAS & Co. | FY 2022 | 11075W |
Shareholding
The shareholding of Supama Financial Services Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Supama Financial Services Limited, buy the company report.
Legal cases
Supama Financial Services Limited has 2 court cases on record: 2 filed by Supama Financial Services. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (SS) | Filed by the company against an individual | Disposed |
| Bombay High Court | Court case (CHOL) | Filed by the company against an individual | Disposed |
To see the full case history of Supama Financial Services 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 Supama Financial Services 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 Supama Financial Services Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Supama Financial Services Limited has 15 board changes on record since 2015: 5 appointments and 10 cessations. The latest: Manish Ashok Jhaveri ceased to be Whole-Time Director on 28 Nov 2021.
6 earlier events are in the company report.
Frequently asked questions
Supama Financial Services has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Supama Financial Services was a public limited company based in Mumbai, Maharashtra, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 18 March 2005 and is registered under CIN U93000MH2005PLC152067. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Supama Financial Services is U93000MH2005PLC152067. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Supama Financial Services had 5 directors:
- Hitesh Hirachand Bafna - Whole-Time Director
- Manish Ashok Jhaveri - Whole-Time Director
- Sanjiv Laxman Arole - Director
- Nishant Tolchand Ranka - Director
- Mukesh Manekchand Kothari - Director
Supama Financial Services was incorporated on 18 March 2005. It is registered with the Registrar of Companies, Mumbai.
Supama Financial Services can be reached through the website arvog.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Supama Financial Services is at 272 109 Sheikh Memon Streetshahi Galli Zaveri Bazar, Mumbai, Maharashtra, India – 400002.
The latest financial statements of Supama Financial Services 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.
Supama Financial Services operated in the financial services industry, in the diversified financial services segment.
Supama Financial Services has 2 court cases on record: 2 filed by the company.
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