Well Fin Securities Limited
About Well Fin Securities Limited
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Well Fin Securities Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 14 December 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U67120GJ1995PLC028446. Its GSTIN is 24AAACW1757F1ZI (Gujarat).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.44 Cr. It is led by directors Kush Dhanee and Ravi Kumar Singh.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 4th Floor Agarwal Complex Navrangpura Near Cg Road, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2020, the company reported a revenue of ₹2.35 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹5.93 Lakh (net margin 2.5%) and EBITDA of ₹12.44 Lakh (EBITDA margin 5.3%). Revenue has grown at a compounded annual rate (CAGR) of 178% over three years and 79% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Well Fin Securities Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address4th Floor Agarwal Complex Navrangpura Near Cg Road, Ahmedabad, Gujarat, India – 380009
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Well Fin Securities 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 Well Fin Securities is financial and insurance service. In detail, this covers financial and credit leasing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K5 | Financial and Credit leasing activities |
To see the full business activity and turnover split of Well Fin Securities Limited, buy the company report.
Financials of Well Fin Securities Limited
FY 2020 filings availableWell Fin Securities Limited reported revenue of ₹2.35 Cr (up 1565% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 79% over five years. EBITDA rose 364% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹2.35 Cr | ||||
| Other Income | |||||
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| Total Expenses | |||||
| EBITDA | ₹12.44 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.93 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.3% | ||||
| Net Profit Margin | 2.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Well Fin Securities Limited, buy the company report.
Board of directors of Well Fin Securities Limited
Well Fin Securities has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kush Dhanee | Director | 08 Apr 2021 | 5 Years 7 Months | Current |
| Ravi Kumar Singh | Additional Director | 15 Nov 2023 | 2 Years 11 Months | Current |
Peer comparison
Well Fin Securities Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (financial and credit leasing activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Well Fin Securities Limitedthis company | ₹2.35 Cr (FY 2020) | ₹5.93 Lakh | 2.5% | 1565.0% | Ahmedabad, Gujarat, India | |
| Bivoltine Mercantiles Pvt. Ltd. | ₹14.14 Lakh (FY 2020) | -97.0% | Kolkata, West Bengal, India | |||
| Viridian Capital and Financial Services Private Limited | ₹14.1 Lakh (FY 2024) | 34.0% | New Delhi, Delhi, India | |||
| Par Excellence Leasing and Financial Services Private Limited | ₹14.09 Lakh (FY 2016) | -78.0% | New Delhi, Delhi, India |
To see the full peer comparison of Well Fin Securities Limited, buy the company report.
Auditor
Well Fin Securities Limited is audited by NIRAV S SHAH & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NIRAV S SHAH & CO | FY 2020 | 130244W |
Shareholding
The shareholding of Well Fin Securities Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Well Fin Securities Limited, buy the company report.
Legal cases
No court or tribunal cases involving Well Fin Securities Limited 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 Well Fin Securities Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Well Fin Securities has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACW1757F1ZI | Gujarat | Active | 26 Jun 2018 |
To see the full GST registrations and return filing status of Well Fin Securities Limited, buy the company report.
Recent activity
Well Fin Securities Limited has 24 board changes on record since 2004: 13 appointments and 11 cessations. The latest: Ravi Kumar Singh was appointed as Additional Director on 15 Nov 2023.
15 earlier events are in the company report.
Frequently asked questions
Well Fin Securities is an active public limited company based in Ahmedabad, Gujarat, India. The company works in nbfc, within the financial services industry. It was incorporated on 14 December 1995 (31+ years old) and is registered under CIN U67120GJ1995PLC028446.
Well Fin Securities has 2 current directors:
- Kush Dhanee - Director
- Ravi Kumar Singh - Additional Director
The latest financial statements of Well Fin Securities on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Well Fin Securities is 24AAACW1757F1ZI, registered in Gujarat.
The CIN (Corporate Identification Number) of Well Fin Securities is U67120GJ1995PLC028446. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Well Fin Securities was incorporated on 14 December 1995, making it 31+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Well Fin Securities by revenue are Bivoltine Mercantiles Pvt. Ltd, Viridian Capital and Financial Services Private Limited, Par Excellence Leasing and Financial Services Private Limited, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (financial and credit leasing activities).
Ravi Kumar Singh was appointed as Additional Director on 15 Nov 2023. Philip Chin Peng Chan ceased to be Director on 30 Aug 2022. Sachin Kumar ceased to be Director on 20 May 2022. Well Fin Securities has 24 board changes on record in total.
The registered office of Well Fin Securities is at 4th Floor Agarwal Complex Navrangpura Near Cg Road, Ahmedabad, Gujarat, India – 380009.
Well Fin Securities operates in the financial services industry, in the nbfc segment.
The compliance status of Well Fin Securities is compliant as of 28 September 2026. The company is actively filing with the Registrar of Companies.
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