Classic Finserv Private Limited
About Classic Finserv Private Limited
Data last updated:
Classic Finserv Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 19 November 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U67190PB2015PTC039913. Its GSTIN is 03AAGCC2845N1ZK (Punjab).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Inderjeet Singh Narang and Sundeep Sharma.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 2nd Floor Sona Complex Miller Ganj, Ludhiana, Punjab, India – 141003.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.26 Lakh, a decline of 54% compared to the previous year. For the same year it recorded a net profit of ₹22,025 (net margin 6.8%) and EBITDA of ₹26,128 (EBITDA margin 8%). Revenue has declined at a compounded annual rate (CAGR) of 31% over three years and 27% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Classic Finserv Private Limited's registered office is in Ludhiana, Punjab. Its e-mail address is in the company report.
- Email
- Registered Address2nd Floor Sona Complex Miller Ganj, Ludhiana, Punjab, India – 141003
- IndustryFinancial Services, Financial Activities
To see the full contact details of Classic Finserv Private 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 Classic Finserv is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Classic Finserv Private Limited, buy the company report.
Financials of Classic Finserv Private Limited
FY 2025 filings availableClassic Finserv Private Limited reported revenue of ₹3.26 Lakh (down 54% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 27% over five years, including a 54% fall in the latest year. EBITDA fell 52% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹26,128 | ||||
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| Net Profit (PAT) | ₹22,025 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 8% | ||||
| Net Profit Margin | 6.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Classic Finserv Private Limited, buy the company report.
Board of directors of Classic Finserv Private Limited
Classic Finserv has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Inderjeet Singh Narang Also directs: New Era Debt Resolution Services Private Limited | Director | 19 Nov 2015 | 10 Years 11 Months | Current |
| Sundeep Sharma | Director | 22 Feb 2016 | 10 Years 8 Months | Current |
| Ravesh Gupta | Director | 19 Nov 2015 | 10 Years 11 Months | Current |
Peer comparison
Classic Finserv Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mapranam Chit Fund Private Limited | ₹3.26 Lakh (FY 2022) | -24.0% | Thrissur, Kerala, India | |||
| Vicibsandhya Nidhi Limited | ₹3.26 Lakh (FY 2025) | 250.0% | Kottayam, Kerala, India | |||
| Suraiya Brothers Private Limited | ₹3.26 Lakh (FY 2021) | -18.0% | Mumbai, Maharashtra, India | |||
| Roji Livelihood Foundation | ₹3.26 Lakh (FY 2024) | 129.0% | Chandauli, Uttar Pradesh, India | |||
| Abi & Abi Chits Private Limited | ₹3.26 Lakh (FY 2025) | 1.0% | Thanjavur, Tamil Nadu, India | |||
| Classic Finserv Private Limitedthis company | ₹3.26 Lakh (FY 2024) | ₹22,025 | 6.8% | -54.0% | Ludhiana, Punjab, India | |
| Ondipudur Permanent Chit Fund Private Limited | ₹3.26 Lakh (FY 2021) | -56.0% | Coimbatore, Tamil Nadu, India | |||
| Suryajyoti Vanijya and Viniyog Private Limited | ₹3.26 Lakh (FY 2021) | -1.0% | Kolkata, West Bengal, India | |||
| S B Nidhi Limited | ₹3.26 Lakh (FY 2022) | Faridabad, Haryana, India | ||||
| Sai Veda Chit Fund Private Limited | ₹3.26 Lakh (FY 2021) | Hyderabad, Telangana, India | ||||
| JB Mutual Benefit Nidhi Limited | ₹3.25 Lakh (FY 2019) | Jodhpur, Rajasthan, India |
To see the full peer comparison of Classic Finserv Private Limited, buy the company report.
Auditor
Classic Finserv Private Limited is audited by Sandeep M Kumar & Co. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sandeep M Kumar & Co. | FY 2017 | 025837N |
Shareholding
The shareholding of Classic Finserv Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Classic Finserv Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Classic Finserv Private 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 Classic Finserv Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Classic Finserv has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAGCC2845N1ZK | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Classic Finserv Private Limited, buy the company report.
Recent activity
Classic Finserv Private Limited has 4 board changes on record since 2015: 3 appointments and 1 cessation. The latest: Sandeep Kumar ceased to be Director on 01 Apr 2019.
Frequently asked questions
Classic Finserv is an active private limited company based in Ludhiana, Punjab, India. The company works in financial activities, within the financial services industry. It was incorporated on 19 November 2015 (11+ years old) and is registered under CIN U67190PB2015PTC039913.
Classic Finserv has 3 current directors:
- Inderjeet Singh Narang - Director
- Sundeep Sharma - Director
- Ravesh Gupta - Director
The latest financial statements of Classic Finserv on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Classic Finserv is 03AAGCC2845N1ZK, registered in Punjab.
The CIN (Corporate Identification Number) of Classic Finserv is U67190PB2015PTC039913. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Classic Finserv was incorporated on 19 November 2015, making it 11+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Classic Finserv by revenue are Mapranam Chit Fund Private Limited, Vicibsandhya Nidhi Limited, Suraiya Brothers Private Limited, Roji Livelihood Foundation, Abi & Abi Chits Private Limited and 5 more, all in the same principal business activity (other financial activities).
Sandeep Kumar ceased to be Director on 01 Apr 2019. Sundeep Sharma was appointed as Director on 22 Feb 2016. Inderjeet Singh Narang was appointed as Director on 19 Nov 2015. Classic Finserv has 4 board changes on record in total.
The registered office of Classic Finserv is at 2nd Floor Sona Complex Miller Ganj, Ludhiana, Punjab, India – 141003.
Classic Finserv operates in the financial services industry, in the financial activities segment.
The compliance status of Classic Finserv is compliant as of 25 July 2026. The company is actively filing with the Registrar of Companies.
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