About Akasa Finance Limited
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Akasa Finance Limited is a public limited company based in New Delhi, Delhi, India. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 10 January 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1995PLC064213. Its GSTIN is 07AAACP1261D1ZY (Delhi). The company holds 6 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹45 Cr and a paid-up capital of ₹29.3 Cr. It was formerly known as Pooja Finelease Private Limited and Pooja Finelease Limited. It is led by directors including Rohit Mehta (Managing Director) and Nikhil Kumar.
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 Plot No 2 1st Floor DLF Industrial, Area Najafgarh Road Moti Nagar, New Delhi, Delhi, India – 110015.
As per the financials filed for FY 2025, the company reported a revenue of ₹235.01 Cr, a growth of 149% compared to the previous year. For the same year it recorded a net profit of ₹3.11 Cr (net margin 1.3%) and EBITDA of ₹126.27 Cr (EBITDA margin 53.7%). Revenue has grown at a compounded annual rate (CAGR) of 81% over three years and 36% over five years.
The company has about 365 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Akasa Finance. As per MCA filings, the company has open charges of ₹15.94 Cr and satisfied charges of ₹135 Cr on record. Court records list 6,151 cases involving the company, including 6,076 filed by the company and 77 filed against it; 2,101 cases are pending. The company has 22 deals on record (12 secondary share transfers, 5 funding rounds, 5 rights issues), with disclosed funding of ₹37.22 Cr; the latest was in December 2022. Its 6 peer companies in the BFSI industry (Finance, Large NBFC, Mid Sized Non Deposit NBFC), with the same principal business activity (other financial activities) are compared by revenue, 4 larger and 2 smaller; the largest is A.T.E. Private Limited with revenue of ₹237.28 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website akasafin.com.
Company details
Name history
Akasa Finance has undergone 2 name changes throughout its history. The company was previously known as Pooja Finelease Private Limited, and Pooja Finelease Limited. The current legal name is Akasa Finance Limited.
| Company Name | Status |
|---|---|
| Akasa Finance Limited | Current |
| Pooja Finelease Private Limited | Previous |
| Pooja Finelease Limited | Previous |
CIN history
Akasa Finance has one previous CIN (Corporate Identification Number): L74899DL1995PLC064213. The current CIN is U74899DL1995PLC064213, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899DL1995PLC064213 | Current |
| L74899DL1995PLC064213 | Previous |
Contact details
Akasa Finance Limited's registered office is in New Delhi, Delhi. Its website is akasafin.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No 2 1st Floor DLF Industrial, Area Najafgarh Road Moti Nagar, New Delhi, Delhi, India – 110015
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
To see the full contact details of Akasa Finance 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
Akasa Finance operates one associated brand: Akasa Finance. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Loans for vehicles, businesses, personal needs, and properties are provided. | akasafin.com |
Business activity
The main business activity of Akasa 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 Akasa Finance Limited, buy the company report.
Financials of Akasa Finance Limited
FY 2024 filings availableAkasa Finance Limited reported revenue of ₹235.01 Cr (up 149% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 36% over five years, including 149% growth in the latest year. EBITDA rose 319% 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 | ₹126.27 Cr | ||||
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| Net Profit (PAT) | ₹3.11 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 | 53.7% | ||||
| Net Profit Margin | 1.3% | ||||
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To see the full financial statements and ratios of Akasa Finance Limited, buy the company report.
Board of directors and KMP of Akasa Finance Limited
Akasa Finance Limited currently reports 4 directors and 1 key managerial person. 14 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikhil Kumar | Director | 01 Sep 2023 | 3 Years 2 Months | Current |
| Kusal Bhattacharjee | Additional Director | 15 Mar 2025 | 1 Years 7 Months | Current |
| Jethmal Mehta Also directs: Bhramrishi Infraholding LLP, Kanishk Advisors LLP, Eshatwam Impex Private Limited and 4 more | Director | 26 Apr 2017 | 9 Years 6 Months | Current |
| Rohit Mehta Also directs: Akasa Energy Private Limited, DXN Orion Private Limited, Trusthouse International Private Limited and 3 more | Managing Director | 14 Dec 2007 | 18 Years 10 Months | Current |
| Tanesh Gagnani | Cfo | 14 Mar 2017 | 9 Years 7 Months | Current |
Peer comparison
Akasa Finance Limited is compared with the 6 companies closest to it by revenue in the BFSI industry (Finance, Large NBFC, Mid Sized Non Deposit NBFC), 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 |
|---|---|---|---|---|---|---|
| A.T.E. Private Limited | ₹237.28 Cr (FY 2025) | -11.0% | Mumbai, Maharashtra, India | |||
| Tourism Finance Corporation of India Limited | ₹236.3 Cr (FY 2019) | 6.0% | New Delhi, Delhi, India | |||
| Elcid Investments Limited | ₹235.77 Cr (FY 2024) | 117.0% | Mumbai, Maharashtra, India | |||
| Arihant Enterprises Ltd | ₹235.61 Cr (FY 2024) | 71.0% | Kolkata, West Bengal, India | |||
| Akasa Finance Limitedthis company | ₹235.01 Cr (FY 2025) | ₹3.11 Cr | 1.3% | 149.0% | 365 | New Delhi, Delhi, India |
| Ashika Global Securities Private Limited | ₹227.98 Cr (FY 2024) | 116.0% | Kolkata, West Bengal, India | |||
| Smartlink Holdings Limited | ₹226.44 Cr (FY 2025) | 8.0% | Salcete, Goa, India |
To see the full peer comparison of Akasa Finance Limited, buy the company report.
Auditor
Akasa Finance Limited is audited by RAJNEESH ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJNEESH ASSOCIATES | FY 2023 | 011475N |
Shareholding
The shareholding of Akasa Finance 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Akasa Finance Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Mar 2022 | 100567947 | Others | ₹15 Cr | Open | |
| 16 Nov 2021 | 100508332 | Hdfc Bank Limited | ₹94.05 Lakh | Open | |
| 29 Jun 2022 | 100595457 | Others | ₹5 Cr | Satisfied | |
| 05 Mar 2019 | 100263345 | Others | ₹100 Cr | Satisfied | |
| 30 May 2018 | 100181353 | State Bank of India | ₹30 Cr | Satisfied |
To see the full charge records of Akasa Finance Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Akasa Finance Limited has 22 deals on record (12 secondary share transfers, 5 funding rounds, 5 rights issues), with disclosed funding of ₹37.22 Cr; the latest was in December 2022.
Deals on record (5 of 22)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2022 | Rights issue | ₹19.68 Cr | Investors: Future Gaming and Hotel Services Private Limited , an individual |
| Mar 2018 | Funding round | ₹13.15 Cr | Investors: Akasa Infra Private Limited , 3 individuals |
| Oct 2016 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Wheelers Developers Pvt Ltd , 2 individuals |
| Sep 2016 | Funding round | ₹8.67 Cr | Investors: Bhramrishi Infraholding LLP |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Bhramrishi Infraholding LLP , 3 individuals Seller: Divya Drishti Merchants Private Limited, Divya Drishti Traders, Abhilash Exports Private Limited |
To see the full deal history of Akasa Finance 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
Akasa Finance Limited has 6,151 court cases on record: 6,076 filed by Akasa Finance, 77 filed against it. 2,101 cases are pending and 4,050 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6,099 | 55 | 2,093 |
| High courts | 24 | 8 | 3 |
| NCLAT | 23 | 12 | 5 |
| NCLT | 3 | 0 | 0 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 6,151)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Court case (OMP (COMM.)) | Filed against the company by Arc Motors Pvt Ltd | Pending |
| District court, South East, Delhi | Court case (OMP (COMM.)) | Filed against the company by Sai Precious Traexim Pvt Ltd and Anr. | Pending |
| District court, South East, Delhi | Court case (Ex.COMM - Award by Arb. Comm.) | Filed by the company against M/S Sai Precious Traexim Pvt. Ltd. and Anr. | Pending |
| District court, South East, Delhi | Court case (Ex.COMM - Award by Arb. Comm.) | Filed by the company against Arc Motors Private Limited and Ors. | Pending |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed against the company by Sai Precious Traexim Pvt Ltd | Pending |
To see the full case history of Akasa Finance 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.
Credit ratings & regulatory alerts
Akasa Finance Limited was last rated by Brickwork on 15 Jun 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 15 Jun 2022 |
To see the full credit ratings and regulatory alerts of Akasa Finance Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Akasa Finance Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Akasa Finance Limited has a workforce of 365 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Akasa Finance has 6 GST registrations: 4 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACP1261D1ZY | Delhi | Active | 01 Jul 2017 |
| 19AAACP1261D3ZR | West Bengal | Active | 12 Apr 2022 |
| 09AAACP1261D1ZU | Uttar Pradesh | Active | 10 Jun 2022 |
| 22AAACP1261D1Z6 | Chattisgarh | Active | 16 Jun 2025 |
To see the full GST registrations and return filing status of Akasa Finance Limited, buy the company report.
Recent activity
Akasa Finance Limited has 18 board changes on record since 2007: 5 appointments and 13 cessations. The latest: Kusal Bhattacharjee was appointed as Additional Director on 15 Mar 2025.
18 earlier events are in the company report.
News
Frequently asked questions
Akasa Finance is an active public limited company based in New Delhi, Delhi, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 10 January 1995 (31+ years old) and is registered under CIN U74899DL1995PLC064213.
Akasa Finance has 5 current directors and KMP:
- Rohit Mehta - Managing Director
- Nikhil Kumar - Director
- Kusal Bhattacharjee - Additional Director
- Jethmal Mehta - Director
- Tanesh Gagnani - Cfo
The latest financial statements of Akasa Finance 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 Akasa Finance is 07AAACP1261D1ZY, registered in Delhi. The company has 6 GST registrations in all, of which 4 are active and 2 are cancelled or inactive. Other active GSTINs include 19AAACP1261D3ZR (West Bengal), 09AAACP1261D1ZU (Uttar Pradesh), 22AAACP1261D1Z6 (Chattisgarh).
The CIN (Corporate Identification Number) of Akasa Finance is U74899DL1995PLC064213. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akasa Finance has 6,151 court cases on record: 6,076 filed by the company and 77 filed against it. 2,101 are pending. Most are in the district courts.
Akasa Finance was incorporated on 10 January 1995, making it 31+ years old. It is registered with the Registrar of Companies, Delhi.
Akasa Finance has 22 deals on record (12 secondary share transfers, 5 funding rounds, 5 rights issues), with disclosed funding of ₹37.22 Cr; the latest was in December 2022.
The peers of Akasa Finance by revenue are A.T.E. Private Limited, Tourism Finance Corporation of India Limited, Elcid Investments Limited, Arihant Enterprises Ltd, Ashika Global Securities Private Limited and 1 more, all in the BFSI industry (Finance, Large NBFC, Mid Sized Non Deposit NBFC), with the same principal business activity (other financial activities).
Kusal Bhattacharjee was appointed as Additional Director on 15 Mar 2025. Ayush Agrawal ceased to be Additional Director on 29 Sep 2024. Pankaj Kumar Mehta ceased to be Director on 28 Dec 2023. Akasa Finance has 18 board changes on record in total.
Akasa Finance can be reached through the website akasafin.com. Its registered office is in New Delhi, Delhi, India.
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