Equitable Finance Limited - Company overview

Equitable Finance Limited was incorporated on 2 November 1987 and is registered with ROC Mumbai I.

1987-11-02 Mumbai, Maharashtra Active Unlisted Active Non-Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹25–50 Cr
▼ -64.9%
FY 2017
PROFIT / LOSS
Loss · ₹5–10 Cr
▼ -97.3%
FY 2017
EBITDA
Loss · ₹5–10 Cr
▲ 12.9%
FY 2017
NET WORTH
₹5–10 Cr
▼ -27.6%
FY 2017
TOTAL ASSETS
₹50–100 Cr
▼ -7.4%
FY 2017
OPEN CHARGES
1
-
PAID-UP CAPITAL
20.00 Lakh
AUTHORISED CAPITAL
1.01 cr
COMPANY AGE
39 Years 0 Months
since 1987-11-02
LAST FILING WITH ROC
2017-03-31
Last AGM: 2017-09-30
ACTIVE GST
1
Updated: 2023-02-27 02:48:56
SATISFIED CHARGES
1
5.00 cr

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Equitable Finance Limited covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Moderate
56/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (55), financial health (40), director (55) and company-foundation signals.
  • Operating for 39+ years.
Compliance Score Moderate
55/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Marked ACTIVE non-compliant (INC-22A not filed).
Financial Health Score High risk
40/100
Profitability, leverage and liquidity from filed statements.
  • Loss-making in FY 2017.
  • Positive net worth.
Director Risk Score Moderate
55/100
Board strength, DIN status and churn.
  • 4 directors on the board.
  • Director NOORJEHAN NAUSHAD PADAMSEE has DIN status "Disqualified by RoC u/s 164(2)".
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Equitable Finance Limited Company identity, industry, contact, and registration details from MCA and company records.

Equitable Finance Limited was incorporated on 2 November 1987 and is registered with ROC Mumbai I. It is an active public limited company, now more than 39 years old. Its registered office is at D-8 Padamsee Apartments, 22-29, Union Park, Khar West, Mumbai, Maharashtra.

Its filings describe the main line of business as other financial activities.

It has four directors: Noorjehan Naushad Padamsee, Naushad Ismail Padamsee, Riaz Alimohamad Padamsee and Shamim Mumtaz Padamsee. The longest-serving is Noorjehan Naushad Padamsee, on the board since 1991; the most recent to join is Riaz Alimohamad Padamsee, appointed in July 1997. No director has left so far. Between them, the directors also sit on the boards of 6 other companies, including Adler Metals And Packaging Private Limited and Eagle Gaz And Appliances Private Limited.

Paid-up capital stands at ₹20 lakh out of ₹1.01 crore authorised. The last AGM on record was on 30 September 2017, for accounts made up to 31 March 2017. Nothing newer than 2017 shows up here, so it is worth checking the MCA portal for later filings. The one charge registered against it has been satisfied, so no secured loan is open.

Financial Services ••••••••
  • Location D-8 Padamsee Apartments, 22-29, Union Park, Khar West,, Mumbai, Maharashtra - 400052
  • Website efinance.com.pg
Legal NameEquitable Finance Limited
CIN / LLPINU65910MH1987PLC045187
Company No.045187
ClassificationPublic Limited Indian Non-Government Company
Incorporation Date1987-11-02
Date of AGM2017-09-30
Date of Balance Sheet2017-03-31
Listing StatusUnlisted
ROC CodeRoc Mumbai I
PAN
LEI Number
Active ComplianceActive Non-Compliant

Current Directors of Equitable Finance Limited (4) Current board members from MCA filings, including designation and appointment details.

N
Director | Since 1991-10-28 | DIN: 01727753
N
Director | Since 1991-10-28 | DIN: 01631916
R
Director | Since 1997-07-08 | DIN: 01632000
S
Director | Since 1993-07-08 | DIN: 01654291

Financial Performance of Equitable Finance Limited Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2017
Revenue ₹25–50 Cr ▼ -64.9%
P&L Loss · ₹5–10 Cr ▼ -97.3%
EBITDA Loss · ₹5–10 Cr ▲ 12.9%
Net worth ₹5–10 Cr ▼ -27.6%

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Charges of Equitable Finance Limited Open and satisfied charges registered against the company with MCA.

Punjab National Bank : 5.00 cr
Open Charges: 1 Satisfied Charges: 1
Open -
Satisfied 5.00 cr
LenderAmountStatus
Punjab National Bank
Creation Date: 26 May 2001
5.00 cr Closed

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
Financial and insurance ServiceOther financial activities0

Companies With Common Directors Of Equitable Finance Limited Other companies that share directors with this entity, based on MCA and compliance network data.

Financial Ratios of Equitable Finance Limited Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

7 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Equitable Finance Limited Ownership and contribution detail from filings. Full breakdown unlocks with your report.

3 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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GST Compliance of Equitable Finance Limited GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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MSME Payment Delays by Equitable Finance Limited MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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Subsidiaries & Group Companies of Equitable Finance Limited Parent, subsidiary, and related group entities. Full ownership map unlocks with your report.

2 subsidiaries on record

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Parent company Subsidiaries and ownership Associates and joint ventures Entity investments

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MCA Filings & Documents of Equitable Finance Limited Official MCA forms, returns, and filing index. Document access unlocks with your report.

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Equitable Finance Limited Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Equitable Finance Limited?
MCA does not publish an "owner" field. Equitable Finance Limited is run by its directors, Noorjehan Naushad Padamsee, Naushad Ismail Padamsee, Riaz Alimohamad Padamsee and one other. The people who own the shares are listed in its annual return (form MGT-7), which can differ from the directors.
Who are the current board members and directors of Equitable Finance Limited?
Equitable Finance Limited has four current directors: Noorjehan Naushad Padamsee (since October 1991), Naushad Ismail Padamsee (since October 1991), Riaz Alimohamad Padamsee (since July 1997) and Shamim Mumtaz Padamsee (since July 1993).
What is CIN of Equitable Finance Limited?
The CIN of Equitable Finance Limited is U65910MH1987PLC045187. Reading it left to right: U means it is not listed, 65910 is the industry code it registered under, MH is Maharashtra, 1987 is the year it was registered, PLC is the company type and 045187 is its registration number.
When was Equitable Finance Limited incorporated?
Equitable Finance Limited was incorporated on 2 November 1987 with ROC Mumbai I. That makes it more than 39 years old.
What is the registered address of Equitable Finance Limited?
The registered office on MCA records is D-8 Padamsee Apartments, 22-29, Union Park, Khar West, Mumbai, Maharashtra - 400052.
What is the current status of Equitable Finance Limited?
MCA shows Equitable Finance Limited as Active, and its last AGM on record was in September 2017.
What is the contact number or email for Equitable Finance Limited?
You can post to its registered office at D-8 Padamsee Apartments, 22-29, Union Park, Khar West, Mumbai, Maharashtra - 400052 and use its website, https://efinance.com.pg.
What industry or business activity is Equitable Finance Limited associated with?
Its MCA filings list the main business as other financial activities.
What is paid-up capital and authorised share capital of Equitable Finance Limited?
Paid-up capital is ₹20 lakh and authorised capital is ₹1.01 crore, so about 20% of the authorised amount has been issued.
When did Equitable Finance Limited last file accounts and hold an AGM?
The last AGM on record was on 30 September 2017, and the latest balance sheet is for the year ending 31 March 2017. Nothing newer than 2017 shows up, so check the MCA portal for later filings.
Where can I see charges and lenders for Equitable Finance Limited?
No charge is open. The one charge registered against Equitable Finance Limited has been satisfied. Lenders named in the filings include Punjab National Bank.
Have any directors left Equitable Finance Limited?
No. MCA shows no former directors, so everyone appointed so far is still on the board.
Which companies share directors with Equitable Finance Limited?
6 companies share directors with Equitable Finance Limited. Among them are Adler Metals And Packaging Private Limited, Eagle Gaz And Appliances Private Limited, Eagle Home Appliances Private Limited and 3 more.
What is the turnover or revenue of Equitable Finance Limited?
Based on filed financial statements, the revenue of Equitable Finance Limited for FY 2017 was in the ₹25–50 Cr range. That is down 64.9% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Equitable Finance Limited?
For FY 2017, the net worth of Equitable Finance Limited was in the ₹5–10 Cr range.
How can I get the financial details of Equitable Finance Limited?
The latest accounts on record are for FY 2017. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Equitable Finance Limited?
The website on record for Equitable Finance Limited is https://efinance.com.pg.
Which company owns efinance.com.pg?
efinance.com.pg is the website listed for Equitable Finance Limited in its company records.
Equitable Finance Limited - is it listed or unlisted?
Equitable Finance Limited is unlisted, so its shares are not traded on a stock exchange. Its CIN starts with U for the same reason.
What is the ROC code of Equitable Finance Limited?
Equitable Finance Limited is registered with ROC Mumbai I.
What is the company classification of Equitable Finance Limited?
MCA classifies Equitable Finance Limited as: Public Limited Indian Non-Government Company.
Does Equitable Finance Limited have subsidiaries?
Yes, 2 subsidiaries are on record for Equitable Finance Limited.
Does Equitable Finance Limited have GST registrations on file?
Yes, one active GST registration is linked to Equitable Finance Limited.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.