- #1,673 Jai V Hiremath & family ₹1,100 Cr

Rushabh Capital Services Private Limited
About Rushabh Capital Services Private Limited
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Rushabh Capital Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 27 December 1995 and has been in existence for over 31 years.
Its director Jai V Hiremath and family are #1,673 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH1995PTC095613.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sugandha Jaidev Hiremath and Jai Vishwanath Hiremath.
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 701 7th Floor Maker Chamber No. V 221 Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2024, the company reported a revenue of ₹23.3 Lakh, a growth of 22% compared to the previous year. For the same year it recorded a net loss of ₹1.75 Lakh (net margin -7.5%) and EBITDA of ₹96,593 (EBITDA margin 4.1%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 3% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Rushabh Capital Services
Contact details
Rushabh Capital 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 Address701 7th Floor Maker Chamber No. V 221 Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Rushabh Capital 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
Financials of Rushabh Capital Services Private Limited
FY 2025 filings availableRushabh Capital Services Private Limited reported revenue of ₹23.3 Lakh (up 22% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 22% growth in the latest year. EBITDA fell 91% 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 | ₹96,593 | ||||
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| Net Profit (PAT) | -₹1.75 Lakh | ||||
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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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| EBITDA Margin | 4.1% | ||||
| Net Profit Margin | -7.5% | ||||
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To see the full financial statements and ratios of Rushabh Capital Services Private Limited, buy the company report.
Board of directors of Rushabh Capital Services Private Limited
Rushabh Capital Services has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sugandha Jaidev Hiremath | Director | 21 Feb 2007 | 19 Years 8 Months | Current |
| Jai Vishwanath Hiremath Also directs: Castilia Life Sciences LLP, Hikal Limited, Zirad Art and Heritage Foundation and 2 more | Director | 06 Mar 2007 | 19 Years 7 Months | Current |
Peer comparison
Rushabh Capital Services Private Limited is compared with the 3 companies closest to it by revenue in the Outsourcing industry (Capital Services, Consulting Services), with the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rushabh Capital Services Private Limitedthis company | ₹23.3 Lakh (FY 2024) | -₹1.75 Lakh | -7.5% | 22.0% | Mumbai, Maharashtra, India | |
| Sharad Agarwal Broking Services Pvt Ltd | ₹23.29 Lakh (FY 2025) | 18.0% | Mumbai, Maharashtra, India | |||
| Shubhlabh Capital Services Private Limited | ₹23.28 Lakh (FY 2024) | 117.0% | Bilaspur, Chhattisgarh, India | |||
| Hyquest Capital Services Private Limited | ₹23.28 Lakh (FY 2024) | 4.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Rushabh Capital Services Private Limited, buy the company report.
Auditor
Rushabh Capital Services Private Limited is audited by R. P. SARDAR & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. P. SARDAR & CO. | FY 2022 | 037845 |
Shareholding
The shareholding of Rushabh Capital Services 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 2018 | FY 2017 |
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| Others |
To see the full shareholding pattern of Rushabh Capital Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Rushabh Capital 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 Rushabh Capital Services 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 Rushabh Capital Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Rushabh Capital Services Private Limited has 3 board changes on record since 2007: 2 appointments and 1 cessation. The latest: Raju Prabhudev Sardar ceased to be Director on 01 Jun 2011.
Frequently asked questions
Rushabh Capital Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 27 December 1995 (31+ years old) and is registered under CIN U67190MH1995PTC095613.
Rushabh Capital Services has 2 current directors:
- Sugandha Jaidev Hiremath - Director
- Jai Vishwanath Hiremath - Director
The latest financial statements of Rushabh Capital Services 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 Rushabh Capital Services is U67190MH1995PTC095613. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rushabh Capital Services was incorporated on 27 December 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Rushabh Capital Services by revenue are Sharad Agarwal Broking Services Pvt Ltd, Shubhlabh Capital Services Private Limited, Hyquest Capital Services Private Limited, all in the Outsourcing industry (Capital Services, Consulting Services), with the same principal business activity (financial advisory, brokerage and consultancy services).
Raju Prabhudev Sardar ceased to be Director on 01 Jun 2011. Jai Vishwanath Hiremath was appointed as Director on 06 Mar 2007. Sugandha Jaidev Hiremath was appointed as Director on 21 Feb 2007.
The registered office of Rushabh Capital Services is at 701 7th Floor Maker Chamber No. V 221 Nariman Point, Mumbai, Maharashtra, India – 400021.
Rushabh Capital Services operates in the business outsourcing industry, in the business and IT consulting segment.
The compliance status of Rushabh Capital Services is compliant as of 13 September 2026. The company is actively filing with the Registrar of Companies.
Rushabh Capital Services can be reached at its registered office: 701 7th Floor Maker Chamber No. V 221 Nariman Point, Mumbai, Maharashtra, India – 400021.