Thar Finance Pvt. Ltd.
About Thar Finance Pvt. Ltd.
Data last updated:
Thar Finance Pvt. Ltd. was a private limited company based in Kolkata, West Bengal, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the financial auxiliary services segment of the financial services sector. It was incorporated on 21 May 1992.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U67120WB1992PTC111373.
The company had an authorised share capital of ₹26 Lakh and a paid-up capital of ₹25 Lakh. It was led by directors Gwal Das Vyas and Pawan Kumar Purohit.
Its last annual general meeting (AGM) was held on 29 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at P – 27 Princep Street 3rd Floor, Kolkata, West Bengal, India – 700072.
As per the financials filed for FY 2016, the company reported a revenue of ₹27,500, a growth of 15% compared to the previous year. For the same year it recorded a net loss of ₹2,283 (net margin -8.3%) and EBITDA of -₹2,283 (EBITDA margin -8.3%).
Company details
CIN history
Thar Finance has one previous CIN (Corporate Identification Number): U67120RJ1992PTC006740. The current CIN is U67120WB1992PTC111373, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67120WB1992PTC111373 | Current |
| U67120RJ1992PTC006740 | Previous |
Contact details
Thar Finance Pvt. Ltd.'s registered office is in Kolkata, West Bengal.
- Registered AddressP – 27 Princep Street 3rd Floor, Kolkata, West Bengal, India – 700072
- IndustryFinancial Services, Auxiliary To Financial Intermediatory
- 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 Thar Finance Pvt. Ltd.
FY 2016 filings availableThar Finance Pvt. Ltd. reported revenue of ₹27,500 (up 15% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 15% in the latest year. EBITDA rose 79% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
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| Total Expenses | ||
| EBITDA | -₹2,283 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹2,283 | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
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Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -8.3% | |
| Net Profit Margin | -8.3% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
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| Efficiency and Growth | ||
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| Receivable Days | ||
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To see the full financial statements and ratios of Thar Finance Pvt. Ltd., buy the company report.
Board of directors of Thar Finance Pvt. Ltd.
Thar Finance has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gwal Das Vyas Also directs: Scan Infrastructure Limited, Pushtikar Builders & Promoters Limited, Virdhi Buildwell Limited and 5 more | Director | 22 Sep 2015 | 11 Years 1 Months | As last reported |
| Pawan Kumar Purohit | Director | 10 Apr 1998 | 28 Years 6 Months | As last reported |
Peer comparison
Thar Finance Pvt. Ltd. is compared with the 10 companies closest to it by revenue in the Ecommerce and Internet industry (Finance), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vivek Finance Company Private Limited | ₹27,942 (FY 2022) | 698.0% | Muzaffarnagar, Uttar Pradesh, India | |||
| Sunsam Investments and Finance Private Limited | ₹27,680 (FY 2025) | -5.0% | Mumbai, Maharashtra, India | |||
| Kamal Motor and General Finance Company Private Limited. | ₹27,600 (FY 2024) | 2.0% | Bareilly, Uttar Pradesh, India | |||
| Brics Online Services Private Limited | ₹27,600 (FY 2018) | Chennai, Tamil Nadu, India | ||||
| Thar Finance Pvt. Ltd.this company | ₹27,500 (FY 2016) | -₹2,283 | -8.3% | 15.0% | Kolkata, West Bengal, India | |
| Hsa Finance Nidhi Limited | ₹27,500 (FY 2025) | 22.0% | Pune, Maharashtra, India | |||
| Eleventh Hour Leasing and Finance Private Limited | ₹27,460 (FY 2025) | New Delhi, Delhi, India | ||||
| New Pawan Micro Finance | ₹27,129 (FY 2022) | Ajmer, Rajasthan, India | ||||
| Shree Raghupatinath Finance Private Limited | ₹27,019 (FY 2025) | 13.0% | Delhi, India | |||
| P.R.Shiva Finance Private Limited | ₹26,900 (FY 2025) | 0.0% | Delhi, India | |||
| Ahiliya Trading & Finance Pvt.Ltd. | ₹26,850 (FY 2024) | 3.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Thar Finance Pvt. Ltd., buy the company report.
Legal cases
No court or tribunal cases involving Thar Finance Pvt. Ltd. are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Thar Finance Pvt. Ltd.; 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 Thar Finance Pvt. Ltd.; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Thar Finance Pvt. Ltd. has 3 board changes on record since 1998: 2 appointments and 1 cessation. The latest: Bal Chand Purohit ceased to be Director on 22 Sep 2015.
Frequently asked questions
Thar Finance has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Thar Finance was a private limited company based in Kolkata, West Bengal, India. The company worked in auxiliary to financial intermediatory, within the financial services industry. It was incorporated on 21 May 1992 and is registered under CIN U67120WB1992PTC111373. The company has been struck off by the Registrar of Companies and is no longer operational.
Thar Finance had 2 directors:
- Gwal Das Vyas - Director
- Pawan Kumar Purohit - Director
The CIN (Corporate Identification Number) of Thar Finance is U67120WB1992PTC111373. 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 Thar Finance is at P – 27 Princep Street 3rd Floor, Kolkata, West Bengal, India – 700072.
Thar Finance was incorporated on 21 May 1992. It is registered with the Registrar of Companies, Kolkata.
The latest financial statements of Thar Finance on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 29 September 2016. Year-wise statements from 2015 are in the company report.
Thar Finance operated in the financial services industry, in the auxiliary to financial intermediatory segment. It worked in this industry before it was struck off.
The peers of Thar Finance by revenue are Vivek Finance Company Private Limited, Sunsam Investments and Finance Private Limited, Kamal Motor and General Finance Company Private Limited, Brics Online Services Private Limited, Hsa Finance Nidhi Limited and 5 more, all in the Ecommerce and Internet industry (Finance).
Bal Chand Purohit ceased to be Director on 22 Sep 2015. Gwal Das Vyas was appointed as Director on 22 Sep 2015. Pawan Kumar Purohit was appointed as Director on 10 Apr 1998.
Thar Finance can be reached at its registered office: P – 27 Princep Street 3rd Floor, Kolkata, West Bengal, India – 700072.
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