Fervent Securities Private Limited
About Fervent Securities Private Limited
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Fervent Securities Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 08 August 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65999MH2009PTC194796.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹5 Lakh. It is led by directors including Vinod Morarji Savla and Harish Morarji Savla.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹59,000. For the same year it recorded a net loss of ₹1.57 Lakh (net margin -266.1%) and EBITDA of -₹1.57 Lakh (EBITDA margin -266.1%). Revenue has grown at a compounded annual rate (CAGR) of 281% over three years.
Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Fervent Securities Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address102 Floor1St Plot – 374 Nebesa Co – Op.Housing Society Ltd Telang Road Nr. Post Office King'S C, Ircle, Mumbai, Maharashtra, India – 400019
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Fervent Securities 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
Financials of Fervent Securities Private Limited
FY 2025 filings availableFervent Securities Private Limited reported revenue of ₹59,000 for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 281% over three years. EBITDA rose 62% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | -₹1.57 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.57 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -266.1% | ||||
| Net Profit Margin | -266.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Fervent Securities Private Limited, buy the company report.
Board of directors of Fervent Securities Private Limited
Fervent Securities has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinod Morarji Savla Also directs: Appex Tradelink Pvt Ltd, Ado Nuts Private Limited, Kant Industries Private Limited and 1 more | Director | 05 Dec 2018 | 7 Years 10 Months | Current |
| Harish Morarji Savla Also directs: Appex Tradelink Pvt Ltd, Maple Vinimay Private Limited | Director | 05 Dec 2018 | 7 Years 10 Months | Current |
| Vimal Rasik Savla Also directs: Appex Tradelink Pvt Ltd, Marigold Securities Private Limited, Blueplus Securities Private Limited and 2 more | Director | 26 Oct 2018 | 7 Years 11 Months | Current |
| Shashin Hasmukh Savla | Director | 05 Dec 2018 | 7 Years 10 Months | Current |
Peer comparison
Fervent Securities Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Micro Finance), with 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 |
|---|---|---|---|---|---|---|
| Wellking Chit Fund Pvt Ltd | ₹60,000 (FY 2022) | -78.0% | Gurgaon, Haryana, India | |||
| Fervent Securities Private Limitedthis company | ₹59,000 (FY 2025) | -₹1.57 Lakh | -266.1% | Mumbai, Maharashtra, India | ||
| Trijoginath Nidhi Limited | ₹58,297 (FY 2021) | Kolkata, West Bengal, India | ||||
| Cherubic Chits Private Limited | ₹57,134 (FY 2022) | -98.0% | Hyderabad, Telangana, India | |||
| R.C.R Chit Funds Private Limited | ₹56,295 (FY 2023) | -58.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Fervent Securities Private Limited, buy the company report.
Auditor
Fervent Securities Private Limited is audited by DARSHAN BHEDA & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DARSHAN BHEDA & ASSOCIATES | FY 2021 | 129734W |
Shareholding
The shareholding of Fervent Securities Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Fervent Securities Private Limited, buy the company report.
Legal cases
Fervent Securities Private Limited has 5 court cases on record: 4 filed by Fervent Securities, 1 filed against it. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 3 | 0 | 2 |
| NCLT | 2 | 1 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| NCLT, Mumbai | Insolvency matter | Filed against the company by an individual | Disposed |
| NCLAT, Chairperson Court | Tribunal matter | Filed by the company against an individual | Disposed |
| NCLT, NCLT Mumbai | Insolvency matter | Filed by the company against an individual | Disposed |
To see the full case history of Fervent Securities Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Fervent Securities Private 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 Fervent Securities Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Fervent Securities Private Limited has 12 board changes on record since 2010: 4 appointments and 8 cessations. The latest: Harish Morarji Savla ceased to be Additional Director on 10 Aug 2019.
3 earlier events are in the company report.
Frequently asked questions
Fervent Securities is an active private limited company based in Mumbai, Maharashtra, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 08 August 2009 (17+ years old) and is registered under CIN U65999MH2009PTC194796.
Fervent Securities has 4 current directors:
- Vinod Morarji Savla - Director
- Harish Morarji Savla - Director
- Vimal Rasik Savla - Director
- Shashin Hasmukh Savla - Director
The latest financial statements of Fervent Securities 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 2015 are in the company report.
The CIN (Corporate Identification Number) of Fervent Securities is U65999MH2009PTC194796. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fervent Securities has 5 court cases on record: 4 filed by the company and 1 filed against it. 2 are pending. Most are in the nclat.
Fervent Securities was incorporated on 08 August 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Fervent Securities by revenue are Wellking Chit Fund Pvt Ltd, Trijoginath Nidhi Limited, Cherubic Chits Private Limited, R.C.R Chit Funds Private Limited, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Harish Morarji Savla ceased to be Additional Director on 10 Aug 2019. Shashin Hasmukh Savla ceased to be Additional Director on 10 Aug 2019. Vimal Rasik Savla ceased to be Additional Director on 10 Aug 2019. Fervent Securities has 12 board changes on record in total.
The registered office of Fervent Securities is at 102 Floor1St Plot – 374 Nebesa Co – Op.Housing Society Ltd Telang Road Nr. Post Office KingS C, Ircle, Mumbai, Maharashtra, India – 400019.
Fervent Securities operates in the financial services industry, in the microfinance institutions segment.
The compliance status of Fervent Securities is compliant as of 28 July 2026. The company is actively filing with the Registrar of Companies.