Armour Capital Private Limited
About Armour Capital Private Limited
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Armour Capital Private Limited is a private limited company based in Mehsana, Gujarat, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 18 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U65990GJ2016PTC092969. Its GSTIN is 24AAOCA5711D1Z0 (Gujarat).
The company has an authorised share capital of ₹2.3 Cr and a paid-up capital of ₹2.3 Cr. It is led by directors Harshit Bhaveshkumar Maniyar and Bhaveshkumar Motilal Maniyar.
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 Mehsana, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.38 Cr, a growth of 46% compared to the previous year. For the same year it recorded a net profit of ₹31.93 Lakh (net margin 23.2%) and EBITDA of ₹77.79 Lakh (EBITDA margin 56.5%). Revenue has grown at a compounded annual rate (CAGR) of 67% over three years and 17% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Armour Capital Private Limited's registered office is in Mehsana, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressG 6 Sunny Market, Magpura Dairy Road, Mehsana, Gujarat, India – 384002
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Armour Capital 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
The main business activity of Armour Capital 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 Armour Capital Private Limited, buy the company report.
Financials of Armour Capital Private Limited
FY 2025 filings availableArmour Capital Private Limited reported revenue of ₹1.38 Cr (up 46% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 46% growth in the latest year. EBITDA rose 159% 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 |
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| EBITDA | ₹77.79 Lakh | ||||
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| Net Profit (PAT) | ₹31.93 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 56.5% | ||||
| Net Profit Margin | 23.2% | ||||
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To see the full financial statements and ratios of Armour Capital Private Limited, buy the company report.
Board of directors of Armour Capital Private Limited
Armour Capital has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harshit Bhaveshkumar Maniyar Also directs: BK Growth Fund Managers LLP, BK Growth Management LLP | Director | 18 Jul 2016 | 10 Years 3 Months | Current |
| Bhaveshkumar Motilal Maniyar | Director | 18 Jul 2016 | 10 Years 3 Months | Current |
Peer comparison
Armour Capital Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small 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 |
|---|---|---|---|---|---|---|
| Sabsang Finance Limited | ₹1.38 Cr (FY 2024) | -3.0% | New Delhi, Delhi, India | |||
| Flowing Desire Investment and Finance Private Limited | ₹1.38 Cr (FY 2024) | -33.0% | New Delhi, Delhi, India | |||
| Armour Capital Private Limitedthis company | ₹1.38 Cr (FY 2024) | ₹31.93 Lakh | 23.2% | 46.0% | Mehsana, Gujarat, India | |
| Sreenath Finvest Pvt Ltd | ₹1.37 Cr (FY 2025) | -39.0% | Kolkata, West Bengal, India | |||
| Manush Distributors Ltd. | ₹1.37 Cr (FY 2025) | -71.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Armour Capital Private Limited, buy the company report.
Auditor
Armour Capital Private Limited is audited by A Y & Company for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A Y & Company | FY 2022 | 020829C |
Shareholding
The shareholding of Armour Capital Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Armour Capital Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Armour Capital 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 Armour Capital Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Armour Capital has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAOCA5711D1Z0 | Gujarat | Active | 16 Jun 2021 |
To see the full GST registrations and return filing status of Armour Capital Private Limited, buy the company report.
Recent activity
Armour Capital Private Limited has 5 board changes on record since 2016: 2 appointments and 3 cessations. The latest: Janak Mohanlal Suthar ceased to be Additional Director on 30 Sep 2017.
Frequently asked questions
Armour Capital is an active private limited company based in Mehsana, Gujarat, India. The company works in nbfc, within the financial services industry. It was incorporated on 18 July 2016 (10+ years old) and is registered under CIN U65990GJ2016PTC092969.
Armour Capital has 2 current directors:
- Harshit Bhaveshkumar Maniyar - Director
- Bhaveshkumar Motilal Maniyar - Director
The latest financial statements of Armour Capital 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 FY 2017 are in the company report.
The GSTIN of Armour Capital is 24AAOCA5711D1Z0, registered in Gujarat.
The CIN (Corporate Identification Number) of Armour Capital is U65990GJ2016PTC092969. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Armour Capital was incorporated on 18 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Armour Capital by revenue are Sabsang Finance Limited, Flowing Desire Investment and Finance Private Limited, Sreenath Finvest Pvt Ltd, Manush Distributors Ltd, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Janak Mohanlal Suthar ceased to be Additional Director on 30 Sep 2017. Nikhilkumar Maheshkumar Shah ceased to be Additional Director on 30 Sep 2017. Shilpaben Shah Maheshkumar ceased to be Director on 01 Oct 2016. Armour Capital has 5 board changes on record in total.
The registered office of Armour Capital is at G 6 Sunny Market, Magpura Dairy Road, Mehsana, Gujarat, India – 384002.
Armour Capital operates in the financial services industry, in the nbfc segment.
The compliance status of Armour Capital is compliant as of 05 July 2026. The company is actively filing with the Registrar of Companies.
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