About Siemens Financial Services Private Limited
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Siemens Financial Services Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Siemens Aktien Gesellschaft. It operates in the financial and credit leasing segment of the financial services sector. It was incorporated on 23 September 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH2010FTC208099. Its GSTIN is 27AAPCS0403H1ZG (Maharashtra). The company holds 22 GST registrations, of which 13 are active.
The company has an authorised share capital of ₹600 Cr and a paid-up capital of ₹482.55 Cr. It is led by directors including Sunil Kapoor (Managing Director) and Prashant Shankar Shetty (Whole-Time Director).
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 ₹782.45 Cr, a growth of 13% compared to the previous year. For the same year it recorded EBITDA of ₹608.4 Cr (EBITDA margin 77.8%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years.
The company has about 228 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
Court records list 8,812 cases involving the company, including 8,620 filed by the company and 194 filed against it; 5,645 cases are pending. The company has 6 deals on record (4 rights issues, 2 funding rounds), with disclosed funding of ₹306.35 Cr; the latest was in February 2020.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website siemens.co.in.
Company details
Contact details
Siemens Financial Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is siemens.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBirla Aurora Level 21, Plot No. 1080 Dr. Annie Besant Road Worli, Mumbai, Maharashtra, India – 400030
- IndustryFinancial Services, Financial & Credit Leasing
To see the full contact details of Siemens 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 Siemens Financial Services is financial and insurance service. In detail, this covers financial and credit leasing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K5 | Financial and Credit leasing activities |
To see the full business activity and turnover split of Siemens Financial Services Private Limited, buy the company report.
Financials of Siemens Financial Services Private Limited
FY 2024 filings availableSiemens Financial Services Private Limited reported revenue of ₹782.45 Cr (up 13% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over three years, including 13% growth in the latest year. EBITDA rose 14% 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 | ₹608.4 Cr | ||||
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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 | 77.8% | ||||
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To see the full financial statements and ratios of Siemens Financial Services Private Limited, buy the company report.
Board of directors of Siemens Financial Services Private Limited
Siemens Financial Services has 4 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prashant Shankar Shetty Also directs: Siemens Factoring Private Limited | Whole-Time Director | 23 Nov 2022 | 3 Years 10 Months | Current |
| Oleg Rakitskii | Director | 15 Dec 2016 | 9 Years 10 Months | Current |
| Ramchandran Gopal Iyer | Director | 27 Jun 2025 | 1 Years 3 Months | Current |
| Sunil Kapoor Also directs: Siemens Factoring Private Limited | Managing Director | 01 Jan 2011 | 15 Years 9 Months | Current |
Auditor
Siemens Financial Services Private Limited is audited by S.R. BATLIBOI & CO. LLP for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. BATLIBOI & CO. LLP | FY 2020 | 301003E |
Shareholding
The shareholding of Siemens Financial Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
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| Others |
To see the full shareholding pattern of Siemens Financial Services Private Limited, buy the company report.
Deals & funding
Siemens Financial Services Private Limited has 6 deals on record (4 rights issues, 2 funding rounds), with disclosed funding of ₹306.35 Cr; the latest was in February 2020.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2020 | Rights issue | ₹50 Cr | Investors: an individual |
| Mar 2019 | Rights issue | ₹40 Cr | Investors: an individual |
| Aug 2017 | Rights issue | ₹30 Cr | Investors: an individual |
| Jan 2015 | Rights issue | ₹93.4 Cr | Investors: an individual |
| Feb 2013 | Funding round | ₹89.53 Cr | Investors: an individual |
To see the full deal history of Siemens Financial Services Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Siemens Financial Services Private Limited has 8,812 court cases on record: 8,620 filed by Siemens Financial Services, 194 filed against it. 5,645 cases are pending and 3,167 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8,478 | 56 | 5,576 |
| High courts | 226 | 72 | 43 |
| NCLAT | 66 | 43 | 22 |
| NCLT | 25 | 6 | 3 |
| Supreme Court | 17 | 17 | 1 |
Cases on record (5 of 8,812)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by Ms Japindra Engineering Corporation LLP | Pending |
| District court, New Delhi, Delhi | Court case (OMP (COMM.)) | Filed against the company by Jauhari Printers Pvt Ltd and Ors | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against Prafful Overseas Pvt Ltd and Others | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against Symbio Scientific Private Limited and Others | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against Asianlak Health Foods Limited and Others | Pending |
To see the full case history of Siemens 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 Siemens Financial Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Siemens Financial Services has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Siemens Factoring Private Limited | U67200MH2017PTC295013 |
To see the full group structure of Siemens Financial Services Private Limited, buy the company report.
Employees & EPFO
Siemens Financial Services Private Limited has a workforce of 228 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Siemens Financial Services has 22 GST registrations: 13 active and 9 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAPCS0403H1ZG | Maharashtra | Active | 01 Jul 2017 |
| 27AAPCS0403H2ZF | Maharashtra | Active | 01 Jul 2017 |
| 03AAPCS0403H1ZQ | Punjab | Active | 01 Jul 2017 |
| 06AAPCS0403H1ZK | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Siemens Financial Services Private Limited, buy the company report.
Recent activity
Siemens Financial Services Private Limited has 15 board changes on record since 2010: 4 appointments and 11 cessations. The latest: Ramchandran Gopal Iyer ceased to be Additional Director on 14 Sep 2025.
6 earlier events are in the company report.
News
Frequently asked questions
Siemens Financial Services is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in financial and credit leasing, within the financial services industry. It was incorporated on 23 September 2010 (16+ years old) and is registered under CIN U65990MH2010FTC208099.
Siemens Financial Services has 4 current directors:
- Sunil Kapoor - Managing Director
- Prashant Shankar Shetty - Whole-Time Director
- Oleg Rakitskii - Director
- Ramchandran Gopal Iyer - Director
The latest financial statements of Siemens 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.
The GSTIN of Siemens Financial Services is 27AAPCS0403H1ZG, registered in Maharashtra. The company has 22 GST registrations in all, of which 13 are active and 9 are cancelled or inactive. Other active GSTINs include 27AAPCS0403H2ZF (Maharashtra), 03AAPCS0403H1ZQ (Punjab), 06AAPCS0403H1ZK (Haryana).
The CIN (Corporate Identification Number) of Siemens Financial Services is U65990MH2010FTC208099. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Siemens Financial Services has 8,812 court cases on record: 8,620 filed by the company and 194 filed against it. 5,645 are pending. Most are in the district courts.
Siemens Financial Services was incorporated on 23 September 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Siemens Financial Services has 6 deals on record (4 rights issues, 2 funding rounds), with disclosed funding of ₹306.35 Cr; the latest was in February 2020.
Ramchandran Gopal Iyer ceased to be Additional Director on 14 Sep 2025. Ramchandran Gopal Iyer was appointed as Director on 27 Jun 2025. Prashant Shankar Shetty ceased to be Additional Director on 29 Sep 2023. Siemens Financial Services has 15 board changes on record in total.
Siemens Financial Services can be reached through the website siemens.co.in. Its registered office is in Mumbai, Maharashtra, India.