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Arthan Finance Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹40.71 Cr
▲ 21% YoY
Net loss · FY 2025
₹6.76 Cr
Net margin -16.6%
EBITDA · FY 2025
₹8.4 Cr
EBITDA margin 20.6%
Authorised capital
₹25.5 Cr
Registered with MCA
Paid-up capital
₹22.61 Cr
Issued & subscribed
Open charges
₹271.25 Cr
Satisfied ₹193.92 Cr
Company age
8 yrs
Est. 2018
Employees · EPFO
380
Provident fund records
About Arthan Finance Private Limited
Data last updated:
Arthan Finance Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 11 December 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65999MH2018PTC318106. Its GSTIN is 27AARCA6629H1Z8 (Maharashtra). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹25.5 Cr and a paid-up capital of ₹22.61 Cr. It is led by directors including Pravash Dash Ranjan (Managing Director) and Kunal Mehta (Whole-Time Director).
Its last annual general meeting (AGM) was held on 14 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 302 3rd Floor Building No. 2 Star Hub Sahar Airport Road Andheri Ea, St Mumbai, Maharashtra, India – 400059.
As per the financials filed for FY 2025, the company reported a revenue of ₹40.71 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net loss of ₹6.76 Cr (net margin -16.6%) and EBITDA of ₹8.4 Cr (EBITDA margin 20.6%). Revenue has grown at a compounded annual rate (CAGR) of 72% over three years and 116% over five years.
The company has about 380 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Arthan Finance. As per MCA filings, the company has open charges of ₹271.25 Cr and satisfied charges of ₹193.92 Cr on record. Court records list 587 cases involving the company, including 584 filed by the company and 3 filed against it; 323 cases are pending. The company has 8 deals on record (5 funding rounds, 2 rights issues, 1 convertible or debt financing), with disclosed funding of ₹81.18 Cr; the latest was in June 2024. Its 6 peer companies in the BFSI industry (Finance, NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities) are compared by revenue, 3 larger and 3 smaller; the largest is BS Fintech Private Limited with revenue of ₹41.16 Cr.
Arthan Finance Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-27-0010439). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website arthan.finance.
Company details
CIN U65999MH2018PTC318106
Registration Number 318106
Incorporation Date 11 December 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 14 July 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-MH-27-0010439
Key People
Pravash Dash Ranjan Managing Director Kunal Mehta Whole-Time Director Sunil Satyapal Gulati Director Recognitions & Rankings of Arthan Finance
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-27-0010439
Contact details
Arthan Finance Private Limited's registered office is in Mumbai, Maharashtra. Its website is arthan.finance. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address302 3rd Floor Building No. 2 Star Hub Sahar Airport Road Andheri Ea, St Mumbai, Maharashtra, India – 400059
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
To see the full contact details of Arthan Finance Private Limited, buy the company report.
Comprehensive company report
Arthan Finance 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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Brands
Arthan Finance operates one associated brand: Arthan Finance. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Diversified business loans are provided to MSMEs and contractors. | arthan.finance |
Business activity
The main business activity of Arthan 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 Arthan Finance Private Limited, buy the company report.
Financials of Arthan Finance Private Limited
FY 2025 filings availableArthan Finance Private Limited reported revenue of ₹40.71 Cr (up 21% YoY) for FY 2025.
Revenue · FY 2025
₹40.71 Cr ▲ 21%
Net loss · FY 2025
₹6.76 Cr margin -16.6%
EBITDA · FY 2025
₹8.4 Cr margin 20.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 72%
5 years · compounded
▲ 116%
EBITDA CAGR growth
1 year
▼ 30%
3 years · compounded
▲ 226%
5 years · compounded
▲ 47%
Revenue has grown at a compounded annual rate (CAGR) of 116% over five years, including 21% growth in the latest year. EBITDA fell 30% 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 |
|---|---|---|---|---|---|
| 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 | ₹8.4 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.76 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.6% | ||||
| Net Profit Margin | -16.6% | ||||
| 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 Arthan Finance Private Limited, buy the company report.
Board of directors of Arthan Finance Private Limited
Arthan Finance has 6 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Satyapal Gulati Also directs: Fedbank Financial Services Limited, Suryoday Small Finance Bank Limited, KMC Speciality Hospitals (India) Limited and 5 more | Director | 13 Aug 2019 | 7 Years 2 Months | Current |
| Smita Chandramani Kumar | Director | 25 Mar 2025 | 1 Years 7 Months | Current |
| Pranav Yogesh Bafna Also directs: Evaan Homes LLP | Nominee Director | 25 Mar 2025 | 1 Years 7 Months | Current |
| Rakesh Goyal Also directs: Kaleidofin Private Limited, Credright Private Limited | Nominee Director | 25 Mar 2025 | 1 Years 7 Months | Current |
| Kunal Mehta | Whole-Time Director | 17 Dec 2018 | 7 Years 10 Months | Current |
| Pravash Dash Ranjan | Managing Director | 17 Dec 2018 | 7 Years 10 Months | Current |
Peer comparison
Arthan Finance Private Limited is compared with the 6 companies closest to it by revenue in the BFSI industry (Finance, 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 |
|---|---|---|---|---|---|---|
| BS Fintech Private Limited | ₹41.16 Cr (FY 2025) | -52.0% | Bangalore, Karnataka, India | |||
| Saumya Consultants Ltd | ₹40.88 Cr (FY 2025) | -34.0% | Kolkata, West Bengal, India | |||
| Shresth Commodities and Financial Services Private Limited | ₹40.71 Cr (FY 2025) | -56.0% | Jodhpur, Rajasthan, India | |||
| Arthan Finance Private Limitedthis company | ₹40.71 Cr (FY 2025) | -₹6.76 Cr | -16.6% | 21.0% | 380 | Mumbai, Maharashtra, India |
| Sai Roshni Capital Private Limited | ₹40.7 Cr (FY 2025) | 40.0% | Hyderabad, Telangana, India | |||
| Khandelwal Finance Pvt Ltd | ₹40.56 Cr (FY 2020) | 5235.0% | Kolkata, West Bengal, India | |||
| Ashok Investors Trust Limited. | ₹40.41 Cr (FY 2025) | 317.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Arthan Finance Private Limited, buy the company report.
Auditor
Arthan Finance Private Limited is audited by Sundaram & Srinivasan for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sundaram & Srinivasan | FY 2023 | 004207S |
Shareholding
The shareholding of Arthan 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 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Arthan Finance Private Limited, buy the company report.
Charges & borrowings
Open charges
₹271.25 Cr
Satisfied charges
₹193.92 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Oct 2025 | 101182817 | Others | ₹2.5 Cr | Open | |
| 18 Oct 2025 | 101170624 | Others | ₹6 Cr | Open | |
| 17 Oct 2025 | 101178326 | Others | ₹5 Cr | Open | |
| 17 Oct 2025 | 101178316 | Others | ₹2.5 Cr | Open | |
| 30 Sep 2025 | 101169454 | Others | ₹1.5 Cr | Open |
To see the full charge records of Arthan Finance Private Limited, buy the company report.
Total charge records: 100 View all charges
Deals & funding
Arthan Finance Private Limited has 8 deals on record (5 funding rounds, 2 rights issues, 1 convertible or debt financing), with disclosed funding of ₹81.18 Cr; the latest was in June 2024.
Total deals
8
Funding rounds
5
Rights issues
2
Convertible or debt financing
1
Disclosed funding
₹81.18 Cr
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2024 | Funding round · Series B | ₹40 Cr | Investors: Incofin Investment Management |
| May 2024 | Rights issue | ₹2.27 Cr | Investors: 4 individuals |
| Dec 2021 | Funding round · Series A | ₹13.08 Cr | Investors: Michael & Susan Dell Foundation, 3 individuals |
| Nov 2019 | Funding round · Seed | ₹7.17 Cr | Investors: 4 individuals |
| Jan 2019 | Rights issue | ₹6 Cr | Investors: 4 individuals |
To see the full deal history of Arthan 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
Arthan Finance Private Limited has 587 court cases on record: 584 filed by Arthan Finance, 3 filed against it. 323 cases are pending and 264 are disposed.
Total cases
587
Filed by the company
584
Filed against the company
3
Pending
323
Disposed
264
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 587 | 3 | 323 |
Cases on record (5 of 587)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Khurda, Odisha | Court case (I . c. c) | Filed by the company against an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS) | Filed by the company against Dashrath Shivraj Bhadrashette Prop Sangam Enterprises | Pending |
| District court, Khurda, Odisha | Court case (I . c. c) | Filed by the company against an individual | Pending |
| District court, Khurda, Odisha | Court case (I . c. c) | Filed by the company against an individual | Pending |
| District court, East Godavari, Andhra Pradesh | Criminal case | Filed by the company against an individual | Pending |
To see the full case history of Arthan 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Arthan Finance Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Arthan Finance Private Limited has a workforce of 380 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
380
Active EPFO establishments
1
Employee growth
-13.4%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 380 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 |
To see the full employee and EPFO history of Arthan Finance Private Limited, buy the company report.
GST
Arthan Finance has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
Total GSTINs
5
Active
5
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AARCA6629H1Z8 | Maharashtra | Active | 19 Jan 2019 |
| 27AARCA6629H2Z7 | Maharashtra | Active | 28 Mar 2025 |
| 21AARCA6629H1ZK | Odisha | Active | 06 Jun 2019 |
| 37AARCA6629H1Z7 | Andhra Pradesh | Active | 01 Apr 2022 |
To see the full GST registrations and return filing status of Arthan Finance Private Limited, buy the company report.
Recent activity
Arthan Finance Private Limited has 14 board changes on record since 2018: 6 appointments and 8 cessations. The latest: Pranav Yogesh Bafna ceased to be Additional Director on 13 Jul 2025.
Charges
A charge with Others of Rs. 4.00 Cr registered on 30 Jun 2025 with Charge ID 101126195 was modified on 09 Dec 2025.
Charges
A charge with Others of Rs. 10.00 Cr registered on 28 Jun 2025 with Charge ID 101120232 was modified on 09 Dec 2025.
Charges
A charge with Others of Rs. 3.00 Cr registered on 24 Jan 2025 with Charge ID 101045631 was modified on 09 Dec 2025.
Charges
A charge with Others of Rs. 10.00 Cr registered on 01 Dec 2023 with Charge ID 100836962 was modified on 09 Dec 2025.
Charges
A charge registered on 23 Nov 2023 via Charge ID 100898628 with Others was fully satisfied on 07 Dec 2025.
Charges
A charge registered on 29 Sep 2022 via Charge ID 100613049 with Others was fully satisfied on 04 Dec 2025.
Charges
A charge registered on 11 Sep 2023 via Charge ID 100787584 with Others was fully satisfied on 26 Nov 2025.
Charges
A charge registered on 09 Jun 2023 via Charge ID 100738595 with Others was fully satisfied on 26 Nov 2025.
Charges
A charge with Others amounted to Rs. 2.50 Cr with Charge ID 101182817 was registered on 27 Oct 2025.
Charges
A charge with Others amounted to Rs. 6.00 Cr with Charge ID 101170624 was registered on 18 Oct 2025.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 101178326 was registered on 17 Oct 2025.
Charges
A charge with Others amounted to Rs. 2.50 Cr with Charge ID 101178316 was registered on 17 Oct 2025.
186 earlier events are in the company report.
News
Frequently asked questions
Arthan Finance 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 11 December 2018 (8+ years old) and is registered under CIN U65999MH2018PTC318106.
Arthan Finance has 6 current directors:
- Pravash Dash Ranjan - Managing Director
- Kunal Mehta - Whole-Time Director
- Sunil Satyapal Gulati - Director
- Smita Chandramani Kumar - Director
- Pranav Yogesh Bafna - Nominee Director
- Rakesh Goyal - Nominee Director
The latest financial statements of Arthan Finance on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 14 July 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Arthan Finance is 27AARCA6629H1Z8, registered in Maharashtra. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 27AARCA6629H2Z7 (Maharashtra), 21AARCA6629H1ZK (Odisha), 37AARCA6629H1Z7 (Andhra Pradesh).
The CIN (Corporate Identification Number) of Arthan Finance is U65999MH2018PTC318106. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Arthan Finance has 587 court cases on record: 584 filed by the company and 3 filed against it. 323 are pending.
Arthan Finance was incorporated on 11 December 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Arthan Finance has 8 deals on record (5 funding rounds, 2 rights issues, 1 convertible or debt financing), with disclosed funding of ₹81.18 Cr; the latest was in June 2024.
The peers of Arthan Finance by revenue are BS Fintech Private Limited, Saumya Consultants Ltd, Shresth Commodities and Financial Services Private Limited, Sai Roshni Capital Private Limited, Khandelwal Finance Pvt Ltd and 1 more, all in the BFSI industry (Finance, NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Pranav Yogesh Bafna ceased to be Additional Director on 13 Jul 2025. Rakesh Goyal ceased to be Additional Director on 13 Jul 2025. Smita Chandramani Kumar ceased to be Additional Director on 13 Jul 2025. Arthan Finance has 14 board changes on record in total.
Yes, Arthan Finance is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
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