About Ahalia Finforex Limited
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Ahalia Finforex Limited is a public limited company based in Kochi, Kerala, India. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 20 November 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65999KL2001PLC015075. Its GSTIN is 32AAECA1855E1Z6 (Kerala).
The company has an authorised share capital of ₹70 Cr and a paid-up capital of ₹63.34 Cr. It was formerly known as Ahalia Money Exchange Company Private Limited and Ahalia Money Exchange and Financial Services Private Limited. It is led by directors including Vettikuzhiyil Sankaran Nair Bhuvanendran (Managing Director) and Rajesh Puthanveedu.
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 Door No.66/3600A Rajaji Junction Chittur Road Ernakulam – 682035, Kochi, Kerala, India – 682035.
As per the financials filed for FY 2025, the company reported a revenue of ₹62.8 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹16.12 Cr (net margin 25.7%) and EBITDA of ₹34.26 Cr (EBITDA margin 54.5%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years and 34% over five years.
The company has about 227 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Ahalia Finforex and Ahalia Money Exchange. As per MCA filings, the company has open charges of ₹242.69 Cr and satisfied charges of ₹137 Cr on record. Court records list 492 cases involving the company, including 485 filed by the company and 7 filed against it; 182 cases are pending. The company has 15 deals on record (7 funding rounds, 7 secondary share transfers, 1 rights issue), with disclosed funding of ₹37.37 Cr; the latest was in October 2022.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ahaliafinforex.com.
Company details
Name history
Ahalia Finforex has undergone 3 name changes throughout its history. The company was previously known as Ahalia Money Exchange Company Private Limited, Ahalia Money Exchange And Financial Services Private Limited, and Ahalia Money Exchange And Financial Services Limited. The current legal name is Ahalia Finforex Limited.
| Company Name | Status |
|---|---|
| Ahalia Finforex Limited | Current |
| Ahalia Money Exchange Company Private Limited | Previous |
| Ahalia Money Exchange And Financial Services Private Limited | Previous |
| Ahalia Money Exchange And Financial Services Limited | Previous |
CIN history
Ahalia Finforex has one previous CIN (Corporate Identification Number): U65999KL2001PTC015075. The current CIN is U65999KL2001PLC015075, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65999KL2001PLC015075 | Current |
| U65999KL2001PTC015075 | Previous |
Contact details
Ahalia Finforex Limited's registered office is in Kochi, Kerala. Its website is ahaliafinforex.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressDoor No.66/3600A Rajaji Junction Chittur Road Ernakulam – 682035, Kochi, Kerala, India – 682035
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
To see the full contact details of Ahalia Finforex 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
Brands
Ahalia Finforex operates two associated brands: Ahalia Finforex and Ahalia Money Exchange. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers comprehensive loan solutions for gold, retail, education, and other consumer needs. | ahaliafinforex.com | |
| Offers comprehensive financial services, including money exchange, loans, and transfers. | ahaliamoneyexchange.com |
Business activity
The main business activity of Ahalia Finforex is financial and insurance service. In detail, this covers financial and credit leasing activities and other financial activities. 2 activity segments are registered with the MCA.
| 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 | |
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Ahalia Finforex Limited, buy the company report.
Financials of Ahalia Finforex Limited
FY 2025 filings availableAhalia Finforex Limited reported revenue of ₹62.8 Cr (up 31% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 34% over five years, including 31% growth in the latest year. EBITDA rose 28% 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 | ₹34.26 Cr | ||||
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| Net Profit (PAT) | ₹16.12 Cr | ||||
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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 | 54.5% | ||||
| Net Profit Margin | 25.7% | ||||
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To see the full financial statements and ratios of Ahalia Finforex Limited, buy the company report.
Board of directors of Ahalia Finforex Limited
Ahalia Finforex has 8 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vettikuzhiyil Sankaran Nair Bhuvanendran | Managing Director | 15 Apr 2019 | 7 Years 6 Months | Current |
| Rajesh Puthanveedu | Director | 17 Sep 2020 | 6 Years 1 Months | Current |
| Sriyani Kumuduni Rathnayaka Ekanayaka Mudiyanselage | Director | 30 Dec 2020 | 5 Years 10 Months | Current |
| Kuriachen Kuriakose Padashery | Director | 06 Dec 2023 | 2 Years 11 Months | Current |
| Thomas Kavumkottath Thomas Also directs: Chamber of Commerce for International and Indian Trade | Director | 23 Jun 2025 | 1 Years 4 Months | Current |
| Dinil Ramachandran Manayil Also directs: Ahalia Publications LLP, Ahalia Alternate Energy Private Limited, Health Space International Services Private Limited and 3 more | Director | 12 Dec 2019 | 6 Years 10 Months | Current |
Auditor
Ahalia Finforex Limited is audited by MANIKANDAN & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANIKANDAN & ASSOCIATES | FY 2024 | 008520S |
Shareholding
The shareholding of Ahalia Finforex Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ahalia Finforex Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Dec 2025 | 101197709 | Others | ₹14 Cr | Open | |
| 21 Nov 2025 | 101191529 | Others | ₹4.11 Cr | Open | |
| 03 Nov 2025 | 101184563 | Others | ₹3.6 Cr | Open | |
| 08 Oct 2025 | 101182465 | Others | ₹4.5 Cr | Open | |
| 08 Aug 2025 | 101154496 | Others | ₹5.98 Cr | Open |
To see the full charge records of Ahalia Finforex Limited, buy the company report.
Total charge records: 96 View all charges
Deals & funding
Ahalia Finforex Limited has 15 deals on record (7 funding rounds, 7 secondary share transfers, 1 rights issue), with disclosed funding of ₹37.37 Cr; the latest was in October 2022.
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2022 | Funding round | ₹25 Lakh | Investors: 4 individuals |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Mar 2021 | Funding round | ₹8.12 Cr | Investors: 4 individuals |
| Dec 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2020 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 3 individuals |
To see the full deal history of Ahalia Finforex 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
Ahalia Finforex Limited has 492 court cases on record: 485 filed by Ahalia Finforex, 7 filed against it. 182 cases are pending and 310 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 475 | 3 | 180 |
| High courts | 17 | 4 | 2 |
Cases on record (5 of 492)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thrissur, Kerala | Court case (MA (Arb)) | Filed against the company by The Kerala State Financial Enterprises Ltd Having Its Corporate Office at Thrissur, Represented by the Manager, Valayanchirangara Branch, Nissa E, First Florr, Parakkal Square Building, Valayanchirangara Junction, Mannoor, Ponjassery Road, Valayanchirangara, 683656 | Pending |
| District court, Ernakulam, Kerala | Criminal case | Filed by the company against an individual | Pending |
| District court, Ernakulam, Kerala | Civil suit | Filed by the company against an individual | Pending |
| District court, Ernakulam, Kerala | Civil suit | Filed by the company against an individual | Pending |
| District court, Ernakulam, Kerala | Criminal case | Filed by the company against an individual | Pending |
To see the full case history of Ahalia Finforex 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 Ahalia Finforex Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ahalia Finforex Limited has a workforce of 227 employees on its EPFO records as of Dec 01, 2025, across 1 active EPFO establishment.
GST
Ahalia Finforex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAECA1855E1Z6 | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ahalia Finforex Limited, buy the company report.
Recent activity
Ahalia Finforex Limited has 13 board changes on record since 2001: 8 appointments and 5 cessations. The latest: Thomas Kavumkottath Thomas was appointed as Director on 23 Jun 2025.
136 earlier events are in the company report.
Frequently asked questions
Ahalia Finforex is an active public limited company based in Kochi, Kerala, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 20 November 2001 (25+ years old) and is registered under CIN U65999KL2001PLC015075.
Ahalia Finforex has 8 current directors:
- Vettikuzhiyil Sankaran Nair Bhuvanendran - Managing Director
- Rajesh Puthanveedu - Director
- Sriyani Kumuduni Rathnayaka Ekanayaka Mudiyanselage - Director
- Kuriachen Kuriakose Padashery - Director
- Thomas Kavumkottath Thomas - Director
- Dinil Ramachandran Manayil - Director
- Puthukkunnathu Mathai Thambi - Director
- Vazhoor Sreenivasan Gopalan - Director
The latest financial statements of Ahalia Finforex 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 GSTIN of Ahalia Finforex is 32AAECA1855E1Z6, registered in Kerala.
The CIN (Corporate Identification Number) of Ahalia Finforex is U65999KL2001PLC015075. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ahalia Finforex has 492 court cases on record: 485 filed by the company and 7 filed against it. 182 are pending. Most are in the district courts.
Ahalia Finforex was incorporated on 20 November 2001, making it 25+ years old. It is registered with the Registrar of Companies, Ernakulam.
Ahalia Finforex has 15 deals on record (7 funding rounds, 7 secondary share transfers, 1 rights issue), with disclosed funding of ₹37.37 Cr; the latest was in October 2022.
Thomas Kavumkottath Thomas was appointed as Director on 23 Jun 2025. Puthukkunnathu Mathai Thambi was appointed as Director on 04 Dec 2024. Kuriachen Kuriakose Padashery was appointed as Director on 06 Dec 2023. Ahalia Finforex has 13 board changes on record in total.
Ahalia Finforex can be reached through the website ahaliafinforex.com. Its registered office is in Kochi, Kerala, India.
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