About Alpha Alternatives Financial Services Private Limited
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Alpha Alternatives Financial Services Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Alpha Alternatives Holdings Private Limited. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 17 November 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65923MH1993PTC075162. Its GSTIN is 27AAACP4760H2ZD (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹21 Cr and a paid-up capital of ₹18.53 Cr. It was formerly known as Provincial Finance and Leasing Co Limited and Provincial Finance and Leasing Co Private Limited. It is led by directors including Bharati Aindley and Pradeep Kumar Parakh.
Its last annual general meeting (AGM) was held on 16 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 34th Floor Sunshine Tower Senapati Bapat Marg Near Kamgar Krida Maidan Dadar (West), Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2023, the company reported a revenue of ₹319.83 Cr.
The company has about 28 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4,797.48 Cr and satisfied charges of ₹1,867.9 Cr on record. The company has 19 deals on record (8 secondary share transfers, 6 rights issues, 5 funding rounds), with disclosed funding of ₹200.94 Cr; the latest was in September 2024.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fin.alt-alpha.com.
Company details
Name history
Alpha Alternatives Financial Services has undergone 2 name changes throughout its history. The company was previously known as Provincial Finance And Leasing Co Limited, and Provincial Finance And Leasing Co Private Limited. The current legal name is Alpha Alternatives Financial Services Private Limited.
| Company Name | Status |
|---|---|
| Alpha Alternatives Financial Services Private Limited | Current |
| Provincial Finance And Leasing Co Limited | Previous |
| Provincial Finance And Leasing Co Private Limited | Previous |
CIN history
Alpha Alternatives Financial Services has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U65923MH1993PTC075162, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65923MH1993PTC075162 | Current |
| L65923MH1993PLC075162 | Previous |
| U65923MH1993PLC075162 | Previous |
Contact details
Alpha Alternatives Financial Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is fin.alt-alpha.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address34th Floor Sunshine Tower Senapati Bapat Marg Near Kamgar Krida Maidan Dadar (West), Mumbai, Maharashtra, India – 400013
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Alpha Alternatives 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
Alpha Alternatives Financial Services engages in various business activities. The company's operational segments demonstrate its market presence and business diversification.
| Main activity group | Business activity | Share of turnover |
|---|---|---|
| activities insurance and pension funding Financial service Financial and insurance activities, except |
To see the full business activity and turnover split of Alpha Alternatives Financial Services Private Limited, buy the company report.
Financials of Alpha Alternatives Financial Services Private Limited
FY 2025 filings availableAlpha Alternatives Financial Services Private Limited reported revenue of ₹319.83 Cr for FY 2023.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Revenue from Operations | ₹319.83 Cr | ||||
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Financial Ratios
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To see the full financial statements and ratios of Alpha Alternatives Financial Services Private Limited, buy the company report.
Board of directors of Alpha Alternatives Financial Services Private Limited
Alpha Alternatives Financial Services has 6 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharati Aindley | Director | 29 Sep 2022 | 4 Years 1 Months | Current |
| Pradeep Kumar Parakh Also directs: Unispaceglobal India Private Limited, Next Holding Wholesale Private Limited, Innoterra Limited and 4 more | Director | 29 Sep 2022 | 4 Years 1 Months | Current |
| Shreyans Hitendrakumar Mehta | Director | 19 Jan 2019 | 7 Years 9 Months | Current |
| Naresh Lakshman Singh Kothari Also directs: Alpha Alternatives Strategies LLP, Third Wind Advisors LLP, Ebony Advisors LLP and 5 more | Director | 19 Jan 2019 | 7 Years 9 Months | Current |
| Sharmila Abhay Karve Also directs: Thomas Cook (India) Limited, CSB Bank Limited, Aadhar Housing Finance Limited and 4 more | Additional Director | 04 Aug 2025 | 1 Years 3 Months | Current |
| Amit Kothari Deepchand | Additional Director | 04 Aug 2025 | 1 Years 3 Months | Current |
Auditor
Alpha Alternatives Financial Services Private Limited is audited by Ambavat Jain & Associates LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ambavat Jain & Associates LLP | FY 2021 | 109681W |
Shareholding
The shareholding of Alpha Alternatives Financial Services Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Alpha Alternatives Financial Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jan 2026 | 101232340 | Others | ₹196.47 Cr | Open | |
| 09 Dec 2025 | 101237414 | Others | ₹326.19 Cr | Open | |
| 16 Oct 2025 | 101201271 | Others | ₹95.6 Cr | Open | |
| 08 Sep 2025 | 101171307 | Others | ₹413.54 Cr | Open | |
| 12 Aug 2025 | 101160462 | Others | ₹142.82 Cr | Open |
To see the full charge records of Alpha Alternatives Financial Services Private Limited, buy the company report.
Total charge records: 27 View all charges
Deals & funding
Alpha Alternatives Financial Services Private Limited has 19 deals on record (8 secondary share transfers, 6 rights issues, 5 funding rounds), with disclosed funding of ₹200.94 Cr; the latest was in September 2024.
Deals on record (5 of 19)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2024 | Rights issue | ₹64.73 Cr | Investors: Alpha Alternatives Holdings Private Limited |
| Apr 2024 | Funding round · Series B | ₹33 Cr | Investors: Rajasthan Gum Private Limited |
| Feb 2024 | Funding round · Series A | ₹36 Cr | Investors: Sargam Retails Private Limited , Harshvardhan Properties Private Limited , Yashvardhan Estate and Developers Private Limited |
| Oct 2023 | Rights issue | ₹74.53 Cr | Investors: Alpha Alternatives Holdings Private Limited |
| Mar 2023 | Funding round · Pre-Series A | ₹113.33 Cr | Investors: Sargam Retails Private Limited , Alpha Alternatives Holdings Private Limited , Silvia Ventures LLP |
To see the full deal history of Alpha Alternatives 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
No court or tribunal cases involving Alpha Alternatives Financial 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 Alpha Alternatives Financial Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Alpha Alternatives Financial Services Private Limited has a workforce of 28 employees on its EPFO records as of Oct 09, 2025, across 1 active EPFO establishment.
GST
Alpha Alternatives Financial Services has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACP4760H2ZD | Maharashtra | Active | 01 Mar 2019 |
To see the full GST registrations and return filing status of Alpha Alternatives Financial Services Private Limited, buy the company report.
Recent activity
Alpha Alternatives Financial Services Private Limited has 24 board changes on record since 2008: 6 appointments and 18 cessations. The latest: Amit Kothari Deepchand was appointed as Additional Director on 04 Aug 2025.
48 earlier events are in the company report.
From our blog
Frequently asked questions
Alpha Alternatives Financial Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in nbfc, within the financial services industry. It was incorporated on 17 November 1993 (33+ years old) and is registered under CIN U65923MH1993PTC075162.
Alpha Alternatives Financial Services has 6 current directors:
- Bharati Aindley - Director
- Pradeep Kumar Parakh - Director
- Shreyans Hitendrakumar Mehta - Director
- Naresh Lakshman Singh Kothari - Director
- Sharmila Abhay Karve - Additional Director
- Amit Kothari Deepchand - Additional Director
The latest financial statements of Alpha Alternatives Financial Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 16 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Alpha Alternatives Financial Services is 27AAACP4760H2ZD, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Alpha Alternatives Financial Services is U65923MH1993PTC075162. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Alpha Alternatives Financial Services was incorporated on 17 November 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.
Alpha Alternatives Financial Services has 19 deals on record (8 secondary share transfers, 6 rights issues, 5 funding rounds), with disclosed funding of ₹200.94 Cr; the latest was in September 2024.
Amit Kothari Deepchand was appointed as Additional Director on 04 Aug 2025. Sharmila Abhay Karve was appointed as Additional Director on 04 Aug 2025. Bharati Aindley ceased to be Additional Director on 12 Dec 2022. Alpha Alternatives Financial Services has 24 board changes on record in total.
Alpha Alternatives Financial Services can be reached through the website fin.alt-alpha.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Alpha Alternatives Financial Services is at 34th Floor Sunshine Tower Senapati Bapat Marg Near Kamgar Krida Maidan Dadar West, Mumbai, Maharashtra, India – 400013.
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