Select Financial Services Private Limited
About Select Financial Services Private Limited
Data last updated:
Select Financial Services Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the diversified financial services segment of the financial services sector. It was incorporated on 09 June 1994.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U70200MH1994PTC078861. Its GSTIN is 27AABCS8427K1ZZ (Maharashtra).
The company had an authorised share capital of ₹10 Cr and a paid-up capital of ₹2.88 Cr. It was led by directors including Rajesh Roopchand Khemani and Ramesh Roop Khemani.
Its last annual general meeting (AGM) was held on 20 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 8 To 12 Floor 4th Plot 599 Kapadia Chembers J. S. Road Chira Bazaar, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2022, the company reported a revenue of ₹22.48 Lakh, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹3.55 Lakh (net margin 15.8%) and EBITDA of -₹4.68 Lakh (EBITDA margin -20.8%). Revenue has declined at a compounded annual rate (CAGR) of 39% over three years and 2% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
Court records list 2 cases involving the company, including 2 filed by the company.
Company details
CIN history
Select Financial Services has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U70200MH1994PTC078861, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70200MH1994PTC078861 | Current |
| U65910MH1994PLC078861 | Previous |
| U65910MH1994PTC078861 | Previous |
Contact details
Select 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 Address8 To 12 Floor 4th Plot 599 Kapadia Chembers J. S. Road Chira Bazaar, Mumbai, Maharashtra, India – 400002
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Select 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
Financials of Select Financial Services Private Limited
FY 2023 filings availableSelect Financial Services Private Limited reported revenue of ₹22.48 Lakh (up 20% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 20% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹22.48 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹4.68 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.55 Lakh | ||||
| 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -20.8% | ||||
| Net Profit Margin | 15.8% | ||||
| 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 Select Financial Services Private Limited, buy the company report.
Board of directors of Select Financial Services Private Limited
Select Financial Services has 4 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Roopchand Khemani | Director | 21 Aug 2019 | 7 Years 2 Months | As last reported |
| Ramesh Roop Khemani Also directs: Select Financial Services LLP | Director | 28 Mar 2019 | 7 Years 6 Months | As last reported |
| Ashok Kishinchand Khemani Also directs: Association of Synthetic Fibre Industry | Director | 28 Mar 2019 | 7 Years 6 Months | As last reported |
| Roop Kishinchand Khemani | Director | 28 Mar 2019 | 7 Years 6 Months | As last reported |
Auditor
Select Financial Services Private Limited is audited by JOSHI JOSHI & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JOSHI JOSHI & CO | FY 2018 | 104393W |
Shareholding
The shareholding of Select Financial Services Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Select Financial Services Private Limited, buy the company report.
Legal cases
Select Financial Services Private Limited has 2 court cases on record: 2 filed by Select Financial Services. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (SJ) | Filed by the company against an individual | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
To see the full case history of Select Financial Services 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 Select Financial Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Select Financial Services Private Limited has a workforce of 3 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Select Financial Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCS8427K1ZZ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Select Financial Services Private Limited, buy the company report.
Recent activity
Select Financial Services Private Limited has 13 board changes on record since 2012: 4 appointments and 9 cessations. The latest: Ashok Kishinchand Khemani ceased to be Additional Director on 30 Sep 2019.
4 earlier events are in the company report.
Frequently asked questions
Select Financial Services has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Select Financial Services was a private limited company based in Mumbai, Maharashtra, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 09 June 1994 and is registered under CIN U70200MH1994PTC078861. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Select Financial Services is U70200MH1994PTC078861. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Select Financial Services had 4 directors:
- Rajesh Roopchand Khemani - Director
- Ramesh Roop Khemani - Director
- Ashok Kishinchand Khemani - Director
- Roop Kishinchand Khemani - Director
Select Financial Services was incorporated on 09 June 1994. It is registered with the Registrar of Companies, Mumbai.
The registered office of Select Financial Services is at 8 To 12 Floor 4th Plot 599 Kapadia Chembers J. S. Road Chira Bazaar, Mumbai, Maharashtra, India – 400002.
The latest financial statements of Select Financial Services on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 20 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Select Financial Services is 27AABCS8427K1ZZ, registered in Maharashtra.
Select Financial Services operated in the financial services industry, in the diversified financial services segment.
Select Financial Services has 2 court cases on record: 2 filed by the company.