About Avendus Finance Private Limited
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Avendus Finance Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Avendus Capital Private Limited. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 15 May 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65921MH1996PTC251407. Its GSTIN is 27AAACP8224G1ZH (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹525 Cr and a paid-up capital of ₹497.56 Cr. It was formerly known as Pacific Hire-Purchase Limited and Pacific Hire-Purchase Private Limited. It is led by directors including Padmaja Shailen Ruparel and Kaushal Kumar Aggarwal.
Its last annual general meeting (AGM) was held on 26 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 2023, the company reported a revenue of ₹244.78 Cr, a growth of 20.68% compared to the previous year.
The company has about 32 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹823 Cr and satisfied charges of ₹1,704.6 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company. The company has 14 deals on record (11 secondary share transfers, 3 acquisitions); the latest was in June 2017. Its 4 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 1 smaller; the largest is Trinetra Co Pvt Ltd with revenue of ₹58.4 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avendus.com.
Company details
Name history
Avendus Finance has undergone 2 name changes throughout its history. The company was previously known as Pacific Hire-Purchase Limited, and Pacific Hire-Purchase Private Limited. The current legal name is Avendus Finance Private Limited.
| Company Name | Status |
|---|---|
| Avendus Finance Private Limited | Current |
| Pacific Hire-Purchase Limited | Previous |
| Pacific Hire-Purchase Private Limited | Previous |
CIN history
Avendus Finance has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U65921MH1996PTC251407, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65921MH1996PTC251407 | Current |
| U65921MH1996PLC251407 | Previous |
| U85110KA1996PLC020468 | Previous |
| U65921KA1996PLC020468 | Previous |
Contact details
Avendus Finance Private Limited's registered office is in Mumbai, Maharashtra. Its website is avendus.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address901 Platina 9th Floor, Plot No. C – 59 Bandra Kurla Complex, Mumbai, Maharashtra, India – 400051
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Avendus 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
Business activity
Avendus Finance operates primarily in the financial and insurance service sector. One business activity is registered with the MCA.
| Main activity group | Business activity | Share of turnover |
|---|---|---|
| Financial and insurance Service | Other financial activities |
To see the full business activity and turnover split of Avendus Finance Private Limited, buy the company report.
Financials of Avendus Finance Private Limited
FY 2025 filings availableAvendus Finance Private Limited reported revenue of ₹244.78 Cr (up 20.68% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 20.68% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
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| Revenue from Operations | ₹244.78 Cr | ||||
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Financial Ratios
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To see the full financial statements and ratios of Avendus Finance Private Limited, buy the company report.
Board of directors and KMP of Avendus Finance Private Limited
Avendus Finance Private Limited currently reports 7 directors and 2 key managerial personnel. 19 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nilesh Dhedhi Also directs: Avendus Pe Investment Advisors Private Limited | Ceo | 23 May 2023 | 3 Years 5 Months | Current |
| Padmaja Shailen Ruparel | Director | 27 Feb 2020 | 6 Years 8 Months | Current |
| Kaushal Kumar Aggarwal | Director | 17 Jan 2013 | 13 Years 9 Months | Current |
| Rajendra Rana | Company Secretary | 25 Jun 2025 | 1 Years 4 Months | Current |
| Nikhilesh Natwarlal Panchal | Director | 29 Mar 2023 | 3 Years 7 Months | Current |
| Apurva Doulat Sahijwani Also directs: Avendus Wealth Management Private Limited | Director | 03 Jul 2024 | 2 Years 4 Months | Current |
Peer comparison
Avendus Finance Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Avendus Finance Private Limitedthis company | ₹244.78 Cr (FY 2023) | 20.7% | 32 | Mumbai, Maharashtra, India | ||
| Trinetra Co Pvt Ltd | ₹58.4 Cr (FY 2025) | 20.0% | Kolkata, West Bengal, India | |||
| Rajasthan State Power Finance and Financial Services Corporation Limited | ₹57.93 Cr (FY 2023) | 271.0% | Jaipur, Rajasthan, India | |||
| Hiveloop Capital Private Limited | ₹57.92 Cr (FY 2025) | -5.0% | Bangalore, Karnataka, India | |||
| Laxminarayan Vyapaar Private Limited | ₹57.58 Cr (FY 2025) | -23.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Avendus Finance Private Limited, buy the company report.
Auditor
Avendus Finance Private Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells LLP | FY 2018 | 117366W/W -100018 |
Shareholding
The shareholding of Avendus 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 Avendus Finance Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 May 2025 | 101109131 | Others | ₹50 Cr | Open | |
| 06 May 2025 | 101100445 | Axis Bank Limited | ₹15 Cr | Open | |
| 29 Mar 2025 | 101076620 | Others | ₹50 Cr | Open | |
| 28 Mar 2025 | 101080890 | Others | ₹25 Cr | Open | |
| 25 Feb 2025 | 101061084 | Others | ₹15 Cr | Open |
To see the full charge records of Avendus Finance Private Limited, buy the company report.
Total charge records: 61 View all charges
Deals & funding
Avendus Finance Private Limited has 14 deals on record (11 secondary share transfers, 3 acquisitions); the latest was in June 2017.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2011 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: New Youth New Energy (Nyne) Jewels Private Limited |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: New Youth New Energy (Nyne) Jewels Private Limited , an individual Seller: an individual |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: New Youth New Energy (Nyne) Jewels Private Limited Seller: 2 individuals |
| Feb 2009 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: New Youth New Energy (Nyne) Jewels Private Limited , 3 individuals |
| Jan 2008 | Secondary share transfer | Undisclosed | Buyer: New Youth New Energy (Nyne) Jewels Private Limited Seller: an individual |
To see the full deal history of Avendus 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
Avendus Finance Private Limited has 2 court cases on record: 2 filed by Avendus Finance. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed by the company against individuals | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed by the company against individuals | Disposed |
To see the full case history of Avendus 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
Avendus Finance Private Limited was last rated by Acuite on 26 May 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Acuite | 26 May 2026 |
To see the full credit ratings and regulatory alerts of Avendus Finance Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Avendus Finance Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Avendus Finance Private Limited has a workforce of 32 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Avendus Finance has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACP8224G1ZH | Maharashtra | Active | 01 Jul 2017 |
| 07AAACP8224G1ZJ | Delhi | Active | 02 May 2019 |
To see the full GST registrations and return filing status of Avendus Finance Private Limited, buy the company report.
Recent activity
Avendus Finance Private Limited has 27 board changes on record since 2013: 9 appointments and 18 cessations. The latest: Sameer Varudev Kamath ceased to be CFO on 31 Jul 2025.
121 earlier events are in the company report.
News
Frequently asked questions
Avendus 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 15 May 1996 (30+ years old) and is registered under CIN U65921MH1996PTC251407.
Avendus Finance has 9 current directors and KMP:
- Padmaja Shailen Ruparel - Director
- Kaushal Kumar Aggarwal - Director
- Nikhilesh Natwarlal Panchal - Director
- Apurva Doulat Sahijwani - Director
- Gaurav Deepak - Director
- Pijush Sinha - Director
- Suresh Shanker Menon - Director
- Nilesh Dhedhi - Ceo
- Rajendra Rana - Company Secretary
The latest financial statements of Avendus Finance on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Avendus Finance is 27AAACP8224G1ZH, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 07AAACP8224G1ZJ (Delhi).
The CIN (Corporate Identification Number) of Avendus Finance is U65921MH1996PTC251407. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avendus Finance has 2 court cases on record: 2 filed by the company. Most are in the district courts.
Avendus Finance was incorporated on 15 May 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
Avendus Finance has 14 deals on record (11 secondary share transfers, 3 acquisitions); the latest was in June 2017.
The peers of Avendus Finance by revenue are Trinetra Co Pvt Ltd, Rajasthan State Power Finance and Financial Services Corporation Limited, Hiveloop Capital Private Limited, Laxminarayan Vyapaar Private Limited, all in the BFSI industry (Finance, Large NBFC, NBFC Investment and Credit Companies), with the same principal business activity (other financial activities).
Sameer Varudev Kamath ceased to be CFO on 31 Jul 2025. Rajendra Rana was appointed as Company Secretary on 25 Jun 2025. Apurva Doulat Sahijwani ceased to be Additional Director on 29 Aug 2024. Avendus Finance has 27 board changes on record in total.
Avendus Finance can be reached through the website avendus.com. Its registered office is in Mumbai, Maharashtra, India.
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