Limitless Financial Services Private Limited
About Limitless Financial Services Private Limited
Data last updated:
Limitless Financial Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the insurance brokerage and advisory segment of the financial services sector. It was incorporated on 25 July 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U66000MH2011PTC220142. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ayushi Mor and Akshay Mor.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.11 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹1.4 Cr (net margin 44.9%) and EBITDA of ₹1.87 Cr (EBITDA margin 60.1%). Revenue has grown at a compounded annual rate (CAGR) of 166% over three years and 234% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Limitless Financial Services Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – 1604 Floor 16 Plot 180/188 Ashok Garden Tower 1 Tokersey Jivraj Road Swan Mill Compound, Sewree, Mumbai, Maharashtra, India – 400015
- IndustryFinancial Services, Insurance Brokerage & Advisory
To see the full contact details of Limitless Financial Services 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 Limitless Financial Services is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Limitless Financial Services Private Limited, buy the company report.
Financials of Limitless Financial Services Private Limited
FY 2024 filings availableLimitless Financial Services Private Limited reported revenue of ₹3.11 Cr (down 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 234%. EBITDA fell 4% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.87 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.4 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 60.1% | ||||
| Net Profit Margin | 44.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Limitless Financial Services Private Limited, buy the company report.
Board of directors of Limitless Financial Services Private Limited
Limitless Financial Services has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ayushi Mor Also directs: Limitless Insurance Broking Services Private Limited | Director | 05 Aug 2016 | 10 Years 3 Months | Current |
| Akshay Mor Also directs: Limitless Insurance Broking Services Private Limited | Director | 25 Jul 2011 | 15 Years 3 Months | Current |
Auditor
Limitless Financial Services Private Limited is audited by PANSARI GARG AND ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PANSARI GARG AND ASSOCIATES | FY 2017 | 128547W |
Shareholding
The shareholding of Limitless Financial Services Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Limitless Financial Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Limitless Financial Services 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 Limitless Financial Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Limitless Financial Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Limitless Financial Services Private Limited, buy the company report.
Recent activity
Limitless Financial Services Private Limited has 4 board changes on record since 2011: 2 appointments and 2 cessations. The latest: Ayushi Mor ceased to be Additional Director on 30 Sep 2016.
Frequently asked questions
Limitless Financial Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in insurance brokerage and advisory, within the financial services industry. It was incorporated on 25 July 2011 (15+ years old) and is registered under CIN U66000MH2011PTC220142.
Limitless Financial Services has 2 current directors:
- Ayushi Mor - Director
- Akshay Mor - Director
The latest financial statements of Limitless Financial Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
No. Limitless Financial Services has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Limitless Financial Services is U66000MH2011PTC220142. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Limitless Financial Services was incorporated on 25 July 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Ayushi Mor ceased to be Additional Director on 30 Sep 2016. Sushila Mor ceased to be Director on 16 Aug 2016. Ayushi Mor was appointed as Director on 05 Aug 2016. Limitless Financial Services has 4 board changes on record in total.
The registered office of Limitless Financial Services is at B – 1604 Floor 16 Plot 180188 Ashok Garden Tower 1 Tokersey Jivraj Road Swan Mill Compound, Sewree, Mumbai, Maharashtra, India – 400015.
Limitless Financial Services operates in the financial services industry, in the insurance brokerage and advisory segment.
The compliance status of Limitless Financial Services is compliant as of 25 September 2026. The company is actively filing with the Registrar of Companies.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
