Company CVAbout Explicit Finance Ltd 
Explicit Finance Ltd
Micro Cap
Diversified Commercial Services
Explicit Finance Limited (formerly known as Shubhyog Finlease Ltd) was incorporated in 1994 and is registered Non-Banking Finance Company (NBFC). It is engaged in Secondary capital market activities and also provide a wide range of services including Individual/ Corporate Finance; Loans against Shares and securities; Loans against property and Financial Consultancy Services. The Company is managed by finance professionals, each having more than a decade of experience in their relevant field.
Company Coordinates
Company Details
305 Sohan Commercial Plaza, Opp Shivsena Office Vasai (E) Palghar Maharashtra : 401210
Registrar Details
Adroit Corporate Services Pvt Ltd, 17-20 Jaferbhoy Industrial Estate , 1st Floor, Makwana Road, Marol Naka, Mumbai
Capital StructureCapital Structure
Present Equity Capital
INR 9.27 Cr
Number of Shares
92.68 Cr
Face Value
INR 10.0
Date
Number
of Shares(Cr)
of Shares(Cr)
Equity
Capital (Rs Cr)
Capital (Rs Cr)
Shares Added
Face Value (Rs)
Reason
03-Jan-2013
92.68
9.27
1900000
10
Conversion of Warrants
03-Jan-2013
92.68
9.27
1900000
10
Conversion of Warrants
31-Jul-2012
67.08
6.71
940000
10
Conversion of Warrants
31-Jul-2012
69.38
6.94
230000
10
Conversion of Warrants
31-Jul-2012
73.68
7.37
430000
10
Conversion of Warrants
31-Jul-2012
67.08
6.71
940000
10
Conversion of Warrants
31-Jul-2012
69.38
6.94
230000
10
Conversion of Warrants
31-Jul-2012
73.68
7.37
430000
10
Conversion of Warrants
29-Dec-2011
57.68
5.77
2500000
10
Conversion of Warrants
29-Dec-2011
57.68
5.77
2500000
10
Conversion of Warrants
ShareholdingShareholding Snapshot
Shareholding Compare (%holding)
Majority shareholders
Non Institution
Pledged Promoter Holdings
None
Mutual Funds
Held by 0 Schemes
FIIs
Held by 0 FIIs
Promoter with highest holding
Trunadhanya Trading Private Limited . (10.2%)
Highest Public shareholder
Angelica Trading Private Limited (14.84%)
Individual Investors Holdings
31.48%
Board of Directors
Management
Designation
Remuneration
Avinash Mainkar
Director & Company Secretary
0
Swati Dave
Managing Director
0
Jayesh Jain
Independent Director
0
Lata Dave
Independent Director
0
Gopal Dave
Director
0
Pushparaj Mayekar
Independent Director
0
Jitendra Bbanushali
Additional Director
0
Rajesh Nanda
Managing Director
0
Hetal Bhanushali
Independent Director
0
Raw MaterialsRaw Materials Dashboard
Raw Materials
Amount(Rs Cr)
% of RM Cost
Purchase of Shares
4.91862
0%
Purchase of Shares
Finished Goods Finished Goods Dashboard
Finished Goods
Amount(Rs Cr)
% of Sales Turnover
Shares
11.82
96.87%
Interest Received
0.38
3.13%
Shares
Shares
Interest Received
Interest Received
Stock DNARevenue and Profits:
Net Sales:
1 Cr
(Quarterly Results - Sep 2025)
Net Profit:
0 Cr
Diversified Commercial Services
INR 13 Cr (Micro Cap)
317.00
18
0.00%
0.00
0.51%
1.64
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