Fairwell Finance Limited
About Fairwell Finance Limited
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Fairwell Finance Limited is a public limited company based in Indore, Madhya Pradesh, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 09 June 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U64920MP1997PLC012015.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹6.34 Cr. It is led by directors including Vipin Nandlal Gupta (Whole-Time Director) and Saransh Sukanta Dey.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Indore, Madhya Pradesh.
As per the financials filed for FY 2024, the company reported a revenue of ₹25.3 Lakh. For the same year it recorded a net loss of ₹3.96 Lakh (net margin -15.7%) and EBITDA of -₹69,945 (EBITDA margin -2.8%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 2% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Fairwell Finance has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U64920MP1997PLC012015, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U64920MP1997PLC012015 | Current |
| U51101MP1985PLC012015 | Previous |
| U51101MP1997PLC012015 | Previous |
Contact details
Fairwell Finance Limited's registered office is in Indore, Madhya Pradesh.
- Registered Address41 – 42 Pu – 4 Scheme No. 54, Behind C21 Mall Vijay Nagar, Indore, Madhya Pradesh, India – 452010
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
- 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 Fairwell Finance 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 Fairwell Finance Limited, buy the company report.
Financials of Fairwell Finance Limited
FY 2024 filings availableFairwell Finance Limited reported revenue of ₹25.3 Lakh for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years. EBITDA fell 147% 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 | -₹69,945 | ||||
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| Net Profit (PAT) | -₹3.96 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.8% | ||||
| Net Profit Margin | -15.7% | ||||
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To see the full financial statements and ratios of Fairwell Finance Limited, buy the company report.
Board of directors of Fairwell Finance Limited
Fairwell Finance has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saransh Sukanta Dey | Director | 01 Sep 2025 | 1 Years 2 Months | Current |
| Vipin Nandlal Gupta | Whole-Time Director | 01 Sep 2025 | 1 Years 2 Months | Current |
| Venkatachalam R Iyer Also directs: Bridgeeasy Consultant LLP | Director | 01 Sep 2025 | 1 Years 2 Months | Current |
Legal cases
No court or tribunal cases involving Fairwell Finance 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 Fairwell Finance Limited; 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 Fairwell Finance Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Fairwell Finance Limited has 7 board changes on record since 2022: 3 appointments and 4 cessations. The latest: Naresh Kumar Betala ceased to be Director on 01 Sep 2025.
Frequently asked questions
Fairwell Finance is an active public limited company based in Indore, Madhya Pradesh, India. The company works in nbfc, within the financial services industry. It was incorporated on 09 June 1997 (29+ years old) and is registered under CIN U64920MP1997PLC012015.
Fairwell Finance has 3 current directors:
- Vipin Nandlal Gupta - Whole-Time Director
- Saransh Sukanta Dey - Director
- Venkatachalam R Iyer - Director
The latest financial statements of Fairwell Finance on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Fairwell Finance is U64920MP1997PLC012015. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fairwell Finance was incorporated on 09 June 1997, making it 29+ years old. It is registered with the Registrar of Companies, Gwalior.
Naresh Kumar Betala ceased to be Director on 01 Sep 2025. Renu Betala ceased to be Director on 01 Sep 2025. Saransh Sukanta Dey was appointed as Director on 01 Sep 2025. Fairwell Finance has 7 board changes on record in total.
The registered office of Fairwell Finance is at 41 – 42 Pu – 4 Scheme No. 54, Behind C21 Mall Vijay Nagar, Indore, Madhya Pradesh, India – 452010.
Fairwell Finance operates in the financial services industry, in the nbfc segment.
The compliance status of Fairwell Finance is compliant as of 11 August 2026. The company is actively filing with the Registrar of Companies.
Fairwell Finance can be reached at its registered office: 41 – 42 Pu – 4 Scheme No. 54, Behind C21 Mall Vijay Nagar, Indore, Madhya Pradesh, India – 452010.
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