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Arafin Financial Services Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹380
▼ 100% YoY
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
Last financials
Mar 2024
Balance sheet date
Last AGM
30 Sep 2024
Annual general meeting
About Arafin Financial Services Private Limited
Data last updated:
Arafin Financial Services Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 25 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH2019PTC335023. Its GSTIN is 27AATCA0951C1ZR (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ajay Singh and Rohan Anil Deshpande.
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 D – 2 Saraswat Colony Sitladevi Temple Road Mahim, Mumbai, Maharashtra, India – 400016.
For more details, the company can be reached via its website arropay.in.
Company details
CIN U67190MH2019PTC335023
Registration Number 335023
Incorporation Date 25 December 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
Key People
Ajay Singh Director Rohan Anil Deshpande Director Recognitions & Rankings of Arafin Financial Services
Contact details
Arafin Financial Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is arropay.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressD – 2 Saraswat Colony Sitladevi Temple Road Mahim, Mumbai, Maharashtra, India – 400016
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Arafin Financial Services Private Limited, buy the company report.
Comprehensive company report
Arafin Financial Services Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Arafin Financial Services is financial and insurance service. In detail, this covers banking activities by central, commercial and saving banks.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K1 | Banking activities by Central, Commercial and Saving banks |
To see the full business activity and turnover split of Arafin Financial Services Private Limited, buy the company report.
Financials of Arafin Financial Services Private Limited
FY 2024 filings availableArafin Financial Services Private Limited reported revenue of ₹380 (down 100% YoY) for FY 2025.
Revenue · FY 2025
₹380 ▼ 100%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▼ 98%
5 years · compounded
▼ 93%
Revenue has declined at a compounded annual rate (CAGR) of 93% over five years. 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
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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To see the full financial statements and ratios of Arafin Financial Services Private Limited, buy the company report.
Board of directors of Arafin Financial Services Private Limited
Arafin Financial Services has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Singh | Director | 25 Dec 2019 | 6 Years 10 Months | Current |
| Rohan Anil Deshpande Also directs: Digitalhathi Media Services LLP, Gotcubed Services Private Limited | Director | 25 Dec 2019 | 6 Years 10 Months | Current |
Peer comparison
Arafin Financial Services Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (banking activities by central, commercial and saving banks), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Loan Space Private Limited | ₹736 (FY 2025) | -100.0% | Ahmedabad, Gujarat, India | |||
| Vaidyanath Urban Coop Nidhi Limited | ₹723 (FY 2021) | Ambejogai, Maharashtra, India | ||||
| Sadhnabhoomi India Nidhi Limited | ₹683 (FY 2021) | Lucknow, Uttar Pradesh, India | ||||
| NJ Investment Private Limited | ₹654 (FY 2022) | -99.0% | Ahmedabad, Gujarat, India | |||
| Cheraman Funds Management Limited | ₹600 (FY 2025) | Vytilla, Kerala, India | ||||
| Arafin Financial Services Private Limitedthis company | ₹380 (FY 2025) | -100.0% | Mumbai, Maharashtra, India | |||
| Luxettipet Chit Fund Private Limited | ₹307 (FY 2022) | -100.0% | Mancherial, Telangana, India | |||
| Pragna Agro Value Adders Private Limited | ₹115 (FY 2019) | -100.0% | Secunderabad, Telangana, India | |||
| Cute Banijya Private Limited | ₹108 (FY 2022) | -10.0% | Kolkata, West Bengal, India | |||
| Jammu and Kashmir Bank Limited | ₹30 (FY 2025) | -100.0% | Srinagar, Jammu and Kashmir, India |
To see the full peer comparison of Arafin Financial Services Private Limited, buy the company report.
Auditor
Arafin Financial Services Private Limited is audited by J P J & CO LLP for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J P J & CO LLP | FY 2020 | 131281W |
Shareholding
The shareholding of Arafin Financial Services Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Arafin Financial Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Arafin 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 Arafin Financial Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Arafin Financial Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AATCA0951C1ZR | Maharashtra | Active | 10 Jan 2020 |
To see the full GST registrations and return filing status of Arafin Financial Services Private Limited, buy the company report.
Recent activity
Arafin Financial Services Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Ajay Singh was appointed as Director on 25 Dec 2019.
AGM
Arafin Financial Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Arafin Financial Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Appointed
Ajay Singh was appointed as Director.
Appointed
Rohan Anil Deshpande was appointed as Director.
Incorporation
25 Dec 2019
Arafin Financial Services Private Limited was registered on 25 Dec 2019 with Roc Mumbai & aged 6 years 10 months as per MCA records.
Frequently asked questions
Arafin Financial Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 25 December 2019 (7+ years old) and is registered under CIN U67190MH2019PTC335023.
Arafin Financial Services has 2 current directors:
- Ajay Singh - Director
- Rohan Anil Deshpande - Director
The latest financial statements of Arafin Financial Services 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 FY 2020 are in the company report.
The GSTIN of Arafin Financial Services is 27AATCA0951C1ZR, registered in Maharashtra.
The CIN (Corporate Identification Number) of Arafin Financial Services is U67190MH2019PTC335023. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Arafin Financial Services was incorporated on 25 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Arafin Financial Services by revenue are Loan Space Private Limited, Vaidyanath Urban Coop Nidhi Limited, Sadhnabhoomi India Nidhi Limited, NJ Investment Private Limited, Cheraman Funds Management Limited and 4 more, all in the same principal business activity (banking activities by central, commercial and saving banks).
Ajay Singh was appointed as Director on 25 Dec 2019. Rohan Anil Deshpande was appointed as Director on 25 Dec 2019.
Yes, Arafin Financial Services is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Arafin Financial Services can be reached through the website arropay.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Arafin Financial Services is at D – 2 Saraswat Colony Sitladevi Temple Road Mahim, Mumbai, Maharashtra, India – 400016.
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