About Apac Financial Services Private Limited
Data last updated:
Apac Financial Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 04 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65999MH2017PTC294664. Its GSTIN is 27AAPCA5386H1Z6 (Maharashtra). The company holds 7 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹468.98 Cr and a paid-up capital of ₹380.96 Cr. It is led by directors including Gunit Chadha (Managing Director) and Sanjay Pushpendra Maliah.
Its last annual general meeting (AGM) was held on 06 August 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 2024, the company reported a revenue of ₹258.9 Cr, a growth of 49% compared to the previous year. For the same year it recorded a net loss of ₹11.73 Cr (net margin -4.5%) and EBITDA of ₹130.1 Cr (EBITDA margin 50.2%). Revenue has grown at a compounded annual rate (CAGR) of 62% over three years and 75% over five years.
The company has about 1,202 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: APAC Group. As per MCA filings, the company has open charges of ₹2,143.64 Cr and satisfied charges of ₹135 Cr on record. Court records list 2,203 cases involving the company, including 2,176 filed by the company and 27 filed against it; 1,374 cases are pending. The company has 13 deals on record (7 secondary share transfers, 4 funding rounds, 2 acquisitions), with disclosed funding of ₹740.57 Cr; the latest was in March 2024. Its 9 peer companies in the BFSI industry (Large NBFC, Mid Sized Non Deposit NBFC, NBFC Investment and Credit Companies), with the same principal business activity (other financial activities) are compared by revenue, 5 larger and 4 smaller; the largest is Anisha Estate & Finance Pvt Ltd with revenue of ₹268.87 Cr. The company has 3 MSME Form 1 returns on record between 2023 and 2024, listing 534 overdue payments to 79 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website apacfin.com.
Company details
Contact details
Apac Financial Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is apacfin.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No. 501 05th Floor South Annexe Tower 2, One World Centre Senapati Bapat Marg Lower Parel, Mumbai, Maharashtra, India – 400013
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
To see the full contact details of Apac 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
Brands
Apac Financial Services operates one associated brand: APAC Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| MSME loans are extended to underbanked businesses through digital underwriting. | apacfin.com |
Business activity
The main business activity of Apac Financial Services 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 Apac Financial Services Private Limited, buy the company report.
Financials of Apac Financial Services Private Limited
FY 2025 filings availableApac Financial Services Private Limited reported revenue of ₹258.9 Cr (up 49% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 75% over five years, including 49% growth in the latest year. EBITDA rose 88% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹130.1 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹11.73 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 50.2% | ||||
| Net Profit Margin | -4.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Apac Financial Services Private Limited, buy the company report.
Board of directors of Apac Financial Services Private Limited
Apac Financial Services has 7 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Pushpendra Maliah Also directs: Parks Ventures LLP, Empee Syndichem Private Limited | Director | 30 Mar 2019 | 7 Years 6 Months | Current |
| Phani Shankar | Additional Director | 05 Sep 2025 | 1 Years 1 Months | Current |
| Robin Bhanwarlal Agarwal Also directs: Kogta Financial (India) Ltd, Ikf Finance Limited | Director | 15 Mar 2024 | 2 Years 7 Months | Current |
| Shankar Jyoti Dey Also directs: Apollo Multispeciality Hospitals Limited | Director | 01 Jul 2017 | 9 Years 3 Months | Current |
| Nithya Easwaran Also directs: Multiples Private Equity Fund II LLP, Dam Capital Advisors Limited, Ti Clean Mobility Private Limited and 5 more | Director | 11 Dec 2018 | 7 Years 10 Months | Current |
| Gunit Chadha | Managing Director | 04 May 2017 | 9 Years 5 Months | Current |
Peer comparison
Apac Financial Services Private Limited is compared with the 9 companies closest to it by revenue in the BFSI industry (Large NBFC, Mid Sized Non Deposit 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 |
|---|---|---|---|---|---|---|
| Anisha Estate & Finance Pvt Ltd | ₹268.87 Cr (FY 2025) | 48.0% | Kolkata, West Bengal, India | |||
| Sonata Finance Private Limited | ₹268.26 Cr (FY 2025) | -56.0% | Lucknow, Uttar Pradesh, India | |||
| HCL Corporation Private Limited | ₹266.07 Cr (FY 2024) | 81.0% | New Delhi, Delhi, India | |||
| Upmove Capital Private Limited | ₹264.35 Cr (FY 2025) | 48.0% | Bangalore, Karnataka, India | |||
| Epimoney Private Limited | ₹262.9 Cr (FY 2024) | 140.0% | Chennai, Tamil Nadu, India | |||
| Apac Financial Services Private Limitedthis company | ₹258.9 Cr (FY 2024) | -₹11.73 Cr | -4.5% | 49.0% | 1,202 | Mumbai, Maharashtra, India |
| Shri Ram Finance Corporation Private Limited | ₹258.18 Cr (FY 2024) | 41.0% | Raipur, Chhattisgarh, India | |||
| Digamber Capfin Ltd | ₹256.82 Cr (FY 2023) | 19.0% | Jaipur, Rajasthan, India | |||
| Svasti Microfinance Private Limited | ₹256.12 Cr (FY 2025) | -10.0% | Chennai, Tamil Nadu, India | |||
| Spotlight Vanijya Ltd | ₹254.4 Cr (FY 2019) | 1660.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Apac Financial Services Private Limited, buy the company report.
Auditor
Apac Financial Services Private Limited is audited by Ashar & Co. for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ashar & Co. | FY 2019 | 129159W |
Shareholding
The shareholding of Apac Financial Services Private 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 Apac Financial Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Aug 2025 | 101151991 | Yes Bank Limited | ₹125 Cr | Open | |
| 30 Jun 2025 | 101124401 | Others | ₹50 Cr | Open | |
| 29 Apr 2025 | 101090107 | Others | ₹37 Cr | Open | |
| 27 Mar 2025 | 101075924 | Others | ₹50 Cr | Open | |
| 18 Mar 2025 | 101073081 | Others | ₹35 Cr | Open |
To see the full charge records of Apac Financial Services Private Limited, buy the company report.
Total charge records: 45 View all charges
Deals & funding
Apac Financial Services Private Limited has 13 deals on record (7 secondary share transfers, 4 funding rounds, 2 acquisitions), with disclosed funding of ₹740.57 Cr; the latest was in March 2024.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Dec 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Aug 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Feb 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
To see the full deal history of Apac 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
Apac Financial Services Private Limited has 2,203 court cases on record: 2,176 filed by Apac Financial Services, 27 filed against it. 1,374 cases are pending and 829 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2,174 | 11 | 1,368 |
| High courts | 19 | 12 | 2 |
| NCLT | 6 | 0 | 0 |
| NCLAT | 4 | 4 | 4 |
Cases on record (5 of 2,203)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by Thiashola Plantations Pvt, Limited | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed against the company by Thiashola Plantations Pvt, Limited | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by an individual | Pending |
| District court, BIDAR, Karnataka | Court case (A.S.) | Filed against the company by an individual | Pending |
To see the full case history of Apac 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.
Credit ratings & regulatory alerts
Apac Financial Services Private Limited was last rated by Icra on 21 Jun 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 21 Jun 2022 |
To see the full credit ratings and regulatory alerts of Apac Financial Services Private Limited, buy the company report.
MSME payment delays
Apac Financial Services Private Limited has 3 MSME Form 1 returns on record between 2023 and 2024, listing 534 overdue payments to 79 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 79)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Guardwel Industries Private Limited | |||
| an individual supplier | |||
| Redbrick IT Support Limited | |||
| Trackon Couriers Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Apac Financial Services Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Apac Financial Services Private Limited has a workforce of 1,202 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Apac Financial Services has 7 GST registrations: 6 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAPCA5386H1Z6 | Maharashtra | Active | 13 Dec 2017 |
| 08AAPCA5386H1Z6 | Rajasthan | Active | 23 Jul 2019 |
| 37AAPCA5386H1Z5 | Andhra Pradesh | Active | 11 Oct 2019 |
| 29AAPCA5386H1Z2 | Karnataka | Active | 10 Dec 2019 |
To see the full GST registrations and return filing status of Apac Financial Services Private Limited, buy the company report.
Recent activity
Apac Financial Services Private Limited has 18 board changes on record since 2017: 7 appointments and 11 cessations. The latest: Phani Shankar was appointed as Additional Director on 05 Sep 2025.
63 earlier events are in the company report.
News
Frequently asked questions
Apac Financial Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 04 May 2017 (9+ years old) and is registered under CIN U65999MH2017PTC294664.
Apac Financial Services has 7 current directors:
- Gunit Chadha - Managing Director
- Sanjay Pushpendra Maliah - Director
- Phani Shankar - Additional Director
- Robin Bhanwarlal Agarwal - Director
- Shankar Jyoti Dey - Director
- Nithya Easwaran - Director
- Ajit Ramesh Raikar - Director
The latest financial statements of Apac Financial Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 06 August 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Apac Financial Services is 27AAPCA5386H1Z6, registered in Maharashtra. The company has 7 GST registrations in all, of which 6 are active and 1 is cancelled or inactive. Other active GSTINs include 08AAPCA5386H1Z6 (Rajasthan), 37AAPCA5386H1Z5 (Andhra Pradesh), 29AAPCA5386H1Z2 (Karnataka).
The CIN (Corporate Identification Number) of Apac Financial Services is U65999MH2017PTC294664. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Apac Financial Services has 2,203 court cases on record: 2,176 filed by the company and 27 filed against it. 1,374 are pending. Most are in the district courts.
Apac Financial Services was incorporated on 04 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Apac Financial Services has 13 deals on record (7 secondary share transfers, 4 funding rounds, 2 acquisitions), with disclosed funding of ₹740.57 Cr; the latest was in March 2024.
The peers of Apac Financial Services by revenue are Anisha Estate & Finance Pvt Ltd, Sonata Finance Private Limited, HCL Corporation Private Limited, Upmove Capital Private Limited, Epimoney Private Limited and 4 more, all in the BFSI industry (Large NBFC, Mid Sized Non Deposit NBFC, NBFC Investment and Credit Companies), with the same principal business activity (other financial activities).
Phani Shankar was appointed as Additional Director on 05 Sep 2025. Ajit Ramesh Raikar ceased to be Additional Director on 24 Feb 2025. Anirudh Kamani ceased to be Additional Director on 24 Feb 2025. Apac Financial Services has 18 board changes on record in total.
Apac Financial Services has 3 MSME Form 1 returns on record between 2023 and 2024, listing 534 overdue payments to 79 micro and small suppliers. The latest return was filed on 24 Apr 2024.
Apac Financial Services can be reached through the website apacfin.com. Its registered office is in Mumbai, Maharashtra, India.