Prudent Finance Pvt Ltd
About Prudent Finance Pvt Ltd
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Prudent Finance Pvt Ltd is a private limited company based in Ahmedabad, Gujarat, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 17 January 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U65999GJ1995PTC024249.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.06 Lakh. It is led by directors including Amita Jolit Shah and Jolitbhai Jasvantlal Shah.
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 101 Akashganga Bldg Gujarat College Road Ellisebridge, Ahmedabad, Gujarat, India – 380006.
As per the financials filed for FY 2025, the company reported a revenue of ₹57.03 Lakh, a decline of 45% compared to the previous year. For the same year it recorded a net loss of ₹9.42 Lakh (net margin -16.5%) and EBITDA of -₹6.76 Lakh (EBITDA margin -11.9%). Revenue has grown at a compounded annual rate (CAGR) of 50% over three years and 1% over five years.
Court records list 7 cases involving the company, including 1 filed by the company and 6 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Prudent Finance Pvt Ltd's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address101 Akashganga Bldg Gujarat College Road Ellisebridge, Ahmedabad, Gujarat, India – 380006
- IndustryFinancial Services, Financial Activities
To see the full contact details of Prudent Finance Pvt Ltd, 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 Prudent Finance 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 Prudent Finance Pvt Ltd, buy the company report.
Financials of Prudent Finance Pvt Ltd
FY 2025 filings availablePrudent Finance Pvt Ltd reported revenue of ₹57.03 Lakh (down 45% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 45% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 112% 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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| EBITDA | -₹6.76 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹9.42 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 | -11.9% | ||||
| Net Profit Margin | -16.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Prudent Finance Pvt Ltd, buy the company report.
Board of directors of Prudent Finance Pvt Ltd
Prudent Finance has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amita Jolit Shah | Director | 17 Jan 1995 | 31 Years 9 Months | Current |
| Jolitbhai Jasvantlal Shah Also directs: Aalps Equitrade LLP, Prodigy Enterprises Private Limited, Naman Share Traders Private Limited and 1 more | Director | 17 Jan 1995 | 31 Years 9 Months | Current |
| Nitin Bhanukant Parikh | Director | 17 Jan 1995 | 31 Years 9 Months | Current |
Peer comparison
Prudent Finance Pvt Ltd is compared with the 5 companies closest to it by revenue in the Ecommerce and Internet industry (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 |
|---|---|---|---|---|---|---|
| Xperitus Infonet Private Limited | ₹57.42 Lakh (FY 2024) | 0.0% | Ajmer, Rajasthan, India | |||
| Advik Finance and Properties Private Limited | ₹57.22 Lakh (FY 2025) | 130.0% | Delhi, India | |||
| Prudent Finance Pvt Ltdthis company | ₹57.03 Lakh (FY 2025) | -₹9.42 Lakh | -16.5% | -45.0% | Ahmedabad, Gujarat, India | |
| Jharkhand State Minorities Finance and Development Corporation | ₹56.95 Lakh (FY 2016) | 249.0% | Ranchi, Jharkhand, India | |||
| Dhruv Devansh Investment and Finance Private Limited | ₹56.82 Lakh (FY 2017) | 500.0% | Delhi, India | |||
| Ashiba Finance Private Limited | ₹56.78 Lakh (FY 2025) | 5.0% | New Delhi, Delhi, India |
To see the full peer comparison of Prudent Finance Pvt Ltd, buy the company report.
Auditor
Prudent Finance Pvt Ltd is audited by Ashwin H. Shah & Co. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ashwin H. Shah & Co. | FY 2017 | 124125 |
Shareholding
The shareholding of Prudent Finance Pvt Ltd 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 Prudent Finance Pvt Ltd, buy the company report.
Legal cases
Prudent Finance Pvt Ltd has 7 court cases on record: 1 filed by Prudent Finance, 6 filed against it. 3 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 6 | 3 |
Cases on record (3 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by Commissioner of Income Tax Ahmedabad III | Pending |
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by Commissioner of Income Tax Ahmedabad III | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Assistant Commissioner of Income Tax (Osd) | Disposed |
To see the full case history of Prudent Finance Pvt Ltd, 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 Prudent Finance Pvt Ltd; 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 Prudent Finance Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Prudent Finance Pvt Ltd has 6 board changes on record since 1995: 3 appointments and 3 cessations. The latest: Krunal Jashvantbhai Patel ceased to be Additional Director on 26 Sep 2009.
Frequently asked questions
Prudent Finance is an active private limited company based in Ahmedabad, Gujarat, India. The company works in financial activities, within the financial services industry. It was incorporated on 17 January 1995 (31+ years old) and is registered under CIN U65999GJ1995PTC024249.
Prudent Finance has 3 current directors:
- Amita Jolit Shah - Director
- Jolitbhai Jasvantlal Shah - Director
- Nitin Bhanukant Parikh - Director
The latest financial statements of Prudent Finance 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 Prudent Finance is U65999GJ1995PTC024249. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prudent Finance has 7 court cases on record: 1 filed by the company and 6 filed against it. 3 are pending.
Prudent Finance was incorporated on 17 January 1995, making it 31+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Prudent Finance by revenue are Xperitus Infonet Private Limited, Advik Finance and Properties Private Limited, Jharkhand State Minorities Finance and Development Corporation, Dhruv Devansh Investment and Finance Private Limited, Ashiba Finance Private Limited, all in the Ecommerce and Internet industry (Finance), with the same principal business activity (other financial activities).
Krunal Jashvantbhai Patel ceased to be Additional Director on 26 Sep 2009. Sujal Rajeshkumar Shah ceased to be Additional Director on 26 Sep 2009. Hina Nitin Parikh ceased to be Director on 30 Apr 2009. Prudent Finance has 6 board changes on record in total.
The registered office of Prudent Finance is at 101 Akashganga Bldg Gujarat College Road Ellisebridge, Ahmedabad, Gujarat, India – 380006.
Prudent Finance operates in the financial services industry, in the financial activities segment.
The compliance status of Prudent Finance is compliant as of 18 September 2026. The company is actively filing with the Registrar of Companies.
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