- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0066743

About Thar Commercial Finance Private Limited
Data last updated:
Thar Commercial Finance Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 25 July 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65999MH2008PTC185082. Its GSTIN is 27AABCI9290C2ZI (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹49.96 Cr. It was formerly known as India Advantage Finance Private Limited. It is led by directors including Yatin Ajitrai Mankad and Vivek Jayesh Thar.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹55.98 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹5.93 Cr (net margin 10.6%) and EBITDA of ₹48.21 Cr (EBITDA margin 86.1%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years.
The company is associated with 91 brands, including Stone Brothers Funeral Home, Petrik Funeral Home, Maid In Home, Sunly Home, Future Biome and others. As per MCA filings, the company has open charges of ₹30 Cr and satisfied charges of ₹5 Cr on record. Court records list 26 cases involving the company, including 21 filed by the company and 5 filed against it; 18 cases are pending. The company has 12 deals on record (4 debt financings, 4 rights issues, 2 secondary share transfers), with disclosed funding of ₹529.45 Cr; the latest was in March 2021. Its 8 peer companies in the BFSI industry (Finance, Large NBFC, NBFC Investment and Credit Companies), with the same principal business activity (other financial activities) are compared by revenue, 3 larger and 5 smaller; the largest is Sakhi Barter Pvt Ltd with revenue of ₹56.92 Cr.
Thar Commercial Finance Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0066743). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website me.com.
Company details
Recognitions & Rankings of Thar Commercial Finance
Contact details
Thar Commercial Finance Private Limited's registered office is in Mumbai, Maharashtra. Its website is me.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address602 A – Wing 6th Floor Kaledonia Building Sahar Road Near Railway Station Andher, I (East), Mumbai, Maharashtra, India – 400069
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Thar Commercial Finance 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
Brands
Thar Commercial Finance operates multiple associated brands including Stone Brothers Funeral Home, Petrik Funeral Home, and Maid In Home. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers funeral care, cremations, and support for grieving families in Florida. | stonebrothersfuneralhome.com | |
| Offers individualized funeral services, cremation, personalization, and grief support in Bogota. | petrikfuneralhome.com | |
| Provides efficient residential cleaning, housekeeping, and janitorial services in Chicago. | maidinhome.com | |
| Provides solar panels, smart home tech, battery backups, and EV charging for residential energy. | sunlyhome.com | |
| Fungi-based prebiotics for customized gut health and microbiome enhancement. | futurebiome.com | |
| Operates an online learning platform for educational and skill-building content. | adworldprime.com | |
| Offers cleaning for homes, offices, rentals with flexible scheduling options. | cleanerlivinghome.com | |
| Provides an online portal for listing and browsing real estate properties. | gohome.com.mo | |
| Designs and sells distinctive home furnishings, lighting, and accessories using creative materials. | reworkshome.com | |
| Offers DIY rubber, vinyl, and exercise mats for home gyms and spaces. | kieferhome.com | |
| Offers a SaaS tool for project management tailored to game developers. | streamframe.com | |
| Provides cloud-based parental control solutions. | focusme.com | |
| Online discovery platform for women's multi-category fashion products. | dresslikeme.com | |
| Operates a professional social networking platform for real estate professionals. | mewme.com | |
| Offers an online metronome for musicians and learners. | bestmetronome.com | |
| A virtual closet platform for fashion enthusiasts to manage their wardrobe. | 123dressme.com | |
| Provides comprehensive HVAC, electrical, and plumbing services for homes. | americanvintagehome.com | |
| Serves as a marketplace for stock photos and videos, connecting creators and buyers. | dreamstime.com | |
| 1Dollar1Home is a crowdfunding platform supporting funds for social causes. | 1dollar1home.com | |
| Real-time GPS tracking platform for athletes, spectators, and event organizers via apps. | loctome.com | |
| BlockchainMe is a tool for creating and managing verifiable IDs on the blockchain. | blockchainme.com | |
| A social platform to connect users and find potential roommates. | crib-me.com | |
| A mobile app for real-time communication and connectivity. | talkagame.com | |
| Enables users to gift drinks via text or email, redeemable instantly at participating pubs and bars. | onefromme.com | |
| Operates an online marketplace for booking local sports trainers and coaches. | trainers4me.com | |
| Date-me is a location-based mobile app designed for dating and connecting users. | date-me.com | |
| Free platform for browser-based games in action, puzzle, and multiplayer genres. | vitogame.com | |
| Offers professional funeral, memorial, aftercare, preplanning, and cremation services to families and individuals. | bridgesfuneralhome.com | |
| An independent company focused on developing innovative video games. | zegome.com | |
| Operates a digital retail platform for beauty care products, offering convenient online shopping. | easybeautyme.com | |
| Drive Ahead is a mobile game development company focused on racing and action games. | driveaheadgame.com | |
| Manages an e-commerce store for apparel, fabrics, and craft supplies. | sewingsome.com | |
| Delivers a game acceleration tool to enhance experiences for gamers. | qaqgame.com | |
| Provides reviews and information on unlicensed casinos for Spanish gambling enthusiasts. | geeksme.com | |
| Operates a marketplace connecting schools and universities with students for admissions. | higheredme.com | |
| Offers a photo sharing and collage creation app for users to connect and create. | posome.com | |
| Manufactures urine collection devices for male and female urinary incontinence. | grdome.com | |
| Offers bespoke fashion services tailored for women. | modbyme.com | |
| Free software tools for church worship planning and presentations. | worshipextreme.com | |
| Provides private genome sequencing, data delivery, and analysis tools for consumers. | guardiome.com | |
| Manages an e-commerce store specializing in women's lingerie. | zeppleme.com | |
| An optofluidic-based platform for immunodiagnostic solutions. | liquilume.com | |
| An online platform for grocery shopping and delivery. | bagathome.com | |
| Operates a group-based marketplace for home repairs and services. | blueberryhome.com | |
| A stylish brand offering home decor and furniture products. | dazzlehome.com | |
| Offers digital marketing, SEO, admin support, and business development services. | vanatorassistme.com | |
| Mobile platform for creating professional presentations. | slideontime.com | |
| Provides on-demand home cleaning services for convenient household maintenance. | niuhome.com | |
| Manages an e-commerce platform specializing in fast fashion jewelry. | omgitsme.com | |
| Neuro coaching programs help high performers optimize energy for better leadership. | yo-me.com | |
| Operates as an online retailer specializing in beauty products. | betime.com.sg | |
| Provides comprehensive solutions for crop nutrients to enhance agricultural productivity. | ekozeme.com | |
| Delivers telecommunication solutions tailored for healthcare providers. | telemedhome.com | |
| Website for copying and pasting emojis for social media use. | emojiwithme.com | |
| Online retailer of classic video games, consoles, and accessories worldwide. | retrobitgame.com | |
| Serves as a publisher of mobile games. | gavegame.com | |
| Offers a mobile-based puzzle game for user entertainment. | signtistgame.com | |
| Operates as an independent studio for game development and innovation. | narcosis-the-game.com | |
| Offers landscaping services for residential and commercial properties. | grassrootssupreme.com | |
| Provides a platform for comparing financial services and products. | ynome.com | |
| Operates a digital platform for booking diverse travel services efficiently. | tripsome.com | |
| Provides a platform with solutions for beauty salon professionals. | appotime.com | |
| Develops mobile games to help users build and maintain healthy habits. | walkrgame.com | |
| Operates an online brand specializing in DIY home decor products for creative consumers. | modernmacrame.com | |
| An online marketplace for booking rental residential properties is operated. | spotahome.com | |
| Supply-side platform and ad serving technology | falkrealtime.com | |
| Platform to integrate data and create custom maps | mapme.com | |
| Family-friendly travel guides are curated for vacation planning. | minitime.com | |
| Online marketplace for home cleaning services | tidyme.com.au | |
| Dialer and videoconferencing solutions are provided for sales teams. | meetime.com.br | |
| Web games with social value are developed by Funium. | familyvillagegame.com | |
| Plus-size swimwear, activewear, and lingerie for women are retailed online. | alwaysforme.com | |
| Online job portal is operated for UAE students and graduates. | internsme.com | |
| Epigenetic treatment solutions for cancer are provided. | epizyme.com | |
| A website platform for upcoming product launch details is operated. | onme.com.br | |
| Time usage across activities is tracked automatically by SmarterTime app. | smartertime.com | |
| Real-time data tracking and analysis are enabled via app platform. | optonome.com | |
| On-demand home nursing | jaga-me.com | |
| Online appointment scheduling software | picktime.com | |
| Provider of collaboration tool for home designers | jxjhome.com | |
| Standalone home healthcare services are provided in Belgium. | vivaltohome.com | |
| A chain of hotels and resorts is operated in Italy. | qcterme.com | |
| Social betting platform for multiple sports is offered to users. | omadagame.com | |
| Provider of plant-based food ingredient alternatives | ingrediome.com | |
| Home loans are provided to customers by Cher. | cherahome.com | |
| Automation platform for facility management and maintenance solutions is provided. | btime.com.br | |
| Blockchain-based NFT role-playing game with cryptocurrency challenges is offered. | cryptothegame.com | |
| Manufacturer of blankets, sheets, bed pillows, and more | shopcbdhome.com | |
| App-based betting platform | getsportsme.com | |
| Home textiles are retailed online by Ienjoy Home. | ienjoyhome.com | |
| eSports gaming, betting, and marketplace trading are enabled online. | vpgame.com |
Business activity
The main business activity of Thar Commercial 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 Thar Commercial Finance Private Limited, buy the company report.
Financials of Thar Commercial Finance Private Limited
FY 2025 filings availableThar Commercial Finance Private Limited reported revenue of ₹55.98 Cr (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over three years, including 7% growth in the latest year. EBITDA rose 3% 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 | ₹48.21 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹5.93 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 | 86.1% | ||||
| Net Profit Margin | 10.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Thar Commercial Finance Private Limited, buy the company report.
Board of directors of Thar Commercial Finance Private Limited
Thar Commercial Finance has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yatin Ajitrai Mankad | Director | 10 May 2021 | 5 Years 5 Months | Current |
| Vivek Jayesh Thar | Director | 21 Feb 2015 | 11 Years 8 Months | Current |
| Chintan Hitendra Shah | Director | 21 Jan 2019 | 7 Years 9 Months | Current |
Peer comparison
Thar Commercial Finance Private Limited is compared with the 8 companies closest to it by revenue in the BFSI industry (Finance, Large NBFC, NBFC Investment and Credit Companies), 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 |
|---|---|---|---|---|---|---|
| Sakhi Barter Pvt Ltd | ₹56.92 Cr (FY 2025) | -54.0% | Kolkata, West Bengal, India | |||
| LNJ Financial Services Limited | ₹56.56 Cr (FY 2019) | 569.0% | Gurgaon, Haryana, India | |||
| Finquest Financial Solutions Private Limited | ₹56.37 Cr (FY 2024) | 2349.0% | Mumbai, Maharashtra, India | |||
| Thar Commercial Finance Private Limitedthis company | ₹55.98 Cr (FY 2025) | ₹5.93 Cr | 10.6% | 7.0% | Mumbai, Maharashtra, India | |
| Adventz Finance Private Limited | ₹55.75 Cr (FY 2019) | -22.0% | Kolkata, West Bengal, India | |||
| Tamilnadu Urban Finance and Infrastructure Development Corporation Limited | ₹55.74 Cr (FY 2024) | -18.0% | Chennai, Tamil Nadu, India | |||
| Abs Portfolio Pvt Ltd | ₹55.57 Cr (FY 2025) | 1646.0% | Kolkata, West Bengal, India | |||
| Sicom Limited | ₹55.2 Cr (FY 2025) | -43.0% | Mumbai, Maharashtra, India | |||
| Iti Credit Limited | ₹55.1 Cr (FY 2025) | 110.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Thar Commercial Finance Private Limited, buy the company report.
Auditor
Thar Commercial Finance Private Limited is audited by Sinha Purohit & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sinha Purohit & Associates | FY 2023 | 145365W |
Shareholding
The shareholding of Thar Commercial Finance 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 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Thar Commercial Finance Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Mar 2024 | 100893392 | Others | ₹10 Cr | Open | |
| 30 Aug 2022 | 100608677 | State Bank of India | ₹20 Cr | Open | |
| 28 Jun 2019 | 100277022 | Others | ₹5 Cr | Satisfied |
To see the full charge records of Thar Commercial Finance Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Thar Commercial Finance Private Limited has 12 deals on record (4 debt financings, 4 rights issues, 2 secondary share transfers), with disclosed funding of ₹529.45 Cr; the latest was in March 2021.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2019 | Debt financing | ₹87.14 Cr | Investors: Royal Management Consultancy Private Limited , Kyta Advisors Private Limited , D. K. Realty (India) Private Limited |
| Mar 2019 | Rights issue | ₹64 Cr | Investors: JRT Holdings LLP |
| Jan 2019 | Secondary share transfer | Undisclosed | Buyer: JRT Holdings LLP Seller: 3 individuals |
| Mar 2018 | Debt financing | ₹169.92 Cr | Investors: Darshan Developers Private Limited , Keemaya Projects LLP, Rajen Skycapers Private Limited |
| Apr 2017 | Debt financing | ₹79.44 Cr | Investors: D. K. Realty (India) Private Limited , Darshan Developers Private Limited , Scarlette Trading & Services Private Limited |
To see the full deal history of Thar Commercial Finance 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
Thar Commercial Finance Private Limited has 26 court cases on record: 21 filed by Thar Commercial Finance, 5 filed against it. 18 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 19 | 1 | 14 |
| High courts | 7 | 4 | 4 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against Ms Krithika Health Care Limited and 6 others | Pending |
| High Court | Interim or miscellaneous application | Filed by the company against Mack Star Marketing Private Limited and 5 others | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Mack Star Marketing Private Limited and 1 other | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against Gic Insuflex Conductors Private Limited and 2 others | Disposed |
| Bombay High Court | Writ petition | Filed against the company | Pending |
To see the full case history of Thar Commercial Finance 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.
Credit ratings & regulatory alerts
Thar Commercial Finance Private Limited was last rated by Icra on 20 Apr 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 20 Apr 2021 |
To see the full credit ratings and regulatory alerts of Thar Commercial Finance Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Thar Commercial Finance Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Thar Commercial Finance has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCI9290C2ZI | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Thar Commercial Finance Private Limited, buy the company report.
Recent activity
Thar Commercial Finance Private Limited has 19 board changes on record since 2008: 11 appointments and 8 cessations. The latest: Anantharaman Gopalakrishnan ceased to be Director on 01 Jun 2023.
14 earlier events are in the company report.
News
Frequently asked questions
Thar Commercial Finance 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 25 July 2008 (18+ years old) and is registered under CIN U65999MH2008PTC185082.
Thar Commercial Finance has 3 current directors:
- Yatin Ajitrai Mankad - Director
- Vivek Jayesh Thar - Director
- Chintan Hitendra Shah - Director
The latest financial statements of Thar Commercial Finance 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 Thar Commercial Finance is 27AABCI9290C2ZI, 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 Thar Commercial Finance is U65999MH2008PTC185082. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thar Commercial Finance has 26 court cases on record: 21 filed by the company and 5 filed against it. 18 are pending. Most are in the district courts.
Thar Commercial Finance was incorporated on 25 July 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Thar Commercial Finance has 12 deals on record (4 debt financings, 4 rights issues, 2 secondary share transfers), with disclosed funding of ₹529.45 Cr; the latest was in March 2021.
The peers of Thar Commercial Finance by revenue are Sakhi Barter Pvt Ltd, LNJ Financial Services Limited, Finquest Financial Solutions Private Limited, Adventz Finance Private Limited, Tamilnadu Urban Finance and Infrastructure Development Corporation Limited and 3 more, all in the BFSI industry (Finance, Large NBFC, NBFC Investment and Credit Companies), with the same principal business activity (other financial activities).
Anantharaman Gopalakrishnan ceased to be Director on 01 Jun 2023. Anantharaman Gopalakrishnan was appointed as Director on 08 Jul 2022. Yatin Ajitrai Mankad was appointed as Director on 10 May 2021. Thar Commercial Finance has 19 board changes on record in total.
Yes, Thar Commercial Finance is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0066743).

