- #124 Shekhar Bajaj & family ₹27,300 Cr

Bajaj Sevashram Private Limited
About Bajaj Sevashram Private Limited
Data last updated:
Bajaj Sevashram Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 06 January 1953 and has been in existence for over 73 years.
Its director Shekhar Bajaj and family are #124 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24239MH1953PTC029952. Its GSTIN is 27AADCB2301D1ZG (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.68 Cr. It is led by directors including Shekhar Bajaj and Sanjivnayan Rahulkumar Bajaj.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bajaj Bhawan 2nd Floor 226 Bajaj Marg Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2023, the company reported a revenue of ₹785.16 Cr, reflecting significant growth compared to the previous year.
Its group structure includes 5 subsidiaries and 1 joint venture.
As per MCA filings, the company has open charges of ₹5.34 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Bajaj Sevashram has one previous CIN (Corporate Identification Number): U24239MH1983PTC029952. The current CIN is U24239MH1953PTC029952, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24239MH1953PTC029952 | Current |
| U24239MH1983PTC029952 | Previous |
Recognitions & Rankings of Bajaj Sevashram
Contact details
Bajaj Sevashram Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBajaj Bhawan 2nd Floor 226 Bajaj Marg Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Bajaj Sevashram 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
Bajaj Sevashram 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 Bajaj Sevashram Private Limited, buy the company report.
Financials of Bajaj Sevashram Private Limited
FY 2025 filings availableBajaj Sevashram Private Limited reported revenue of ₹785.16 Cr (up 545.71% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 545.71% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹785.16 Cr | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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To see the full financial statements and ratios of Bajaj Sevashram Private Limited, buy the company report.
Board of directors of Bajaj Sevashram Private Limited
Bajaj Sevashram has 4 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shekhar Bajaj Also directs: Bajaj Holdings & Investment Limited., Bachhraj Factories Private Limited, Mahakalpa Arogya Pratisthan and 5 more | Director | 30 Nov 1976 | 49 Years 11 Months | Current |
| Sanjivnayan Rahulkumar Bajaj | Director | 03 Jun 2009 | 17 Years 5 Months | Current |
| Rajivnayan Rahulkumar Bajaj Also directs: SNRS Family LLP, Bajaj Holdings & Investment Limited., Bajaj Finance Limited and 5 more | Director | 16 Feb 2022 | 4 Years 8 Months | Current |
| Nirajkumar Ramkrishnaji Bajaj | Director | 15 Jan 2009 | 17 Years 10 Months | Current |
Peer comparison
Bajaj Sevashram Private Limited is compared with the 6 companies closest to it by revenue in the BFSI industry (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 |
|---|---|---|---|---|---|---|
| L&T Fincorp Limited | ₹786.91 Cr (FY 2016) | 37.0% | Mumbai, Maharashtra, India | |||
| Bajaj Sevashram Private Limitedthis company | ₹785.16 Cr (FY 2023) | 545.7% | Mumbai, Maharashtra, India | |||
| Fingrow Investment Ventures Private Limited | ₹728.88 Cr (FY 2025) | 4490.0% | Indore, Madhya Pradesh, India | |||
| Equitas Micro Finance Limited | ₹606.43 Cr (FY 2016) | 38.0% | Chennai, Tamil Nadu, India | |||
| Electronica Finance Limited | ₹537.15 Cr (FY 2024) | 64.0% | Pune, Maharashtra, India | |||
| KKR India Asset Finance Private Limited | ₹445.91 Cr (FY 2019) | 39.0% | Mumbai, Maharashtra, India | |||
| Snowtex Investment Limited | ₹397.96 Cr (FY 2018) | 533.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Bajaj Sevashram Private Limited, buy the company report.
Auditor
Bajaj Sevashram Private Limited is audited by R. S. DANI & CO. for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. S. DANI & CO. | FY 2018 | 000243C |
Shareholding
The shareholding of Bajaj Sevashram 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 Bajaj Sevashram Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Feb 1994 | 90228728 | State Bank of Bikaner & Jaipur. | ₹9.75 Lakh | Open | |
| 04 Apr 1991 | 90228402 | State Bank of Bikaner & Jaipur | ₹25 Lakh | Open | |
| 15 Feb 1991 | 90228370 | Bank of Baroda | ₹4.08 Cr | Open | |
| 13 Mar 1990 | 90230611 | State Bank of Bikaner & Jaipur | ₹20.6 Lakh | Open | |
| 31 Oct 1988 | 90230557 | State Bank of Bikaner & Jaipur. | ₹4 Lakh | Open |
To see the full charge records of Bajaj Sevashram Private Limited, buy the company report.
Total charge records: 16 View all charges
Legal cases
Bajaj Sevashram Private Limited has 3 court cases on record: 3 filed by Bajaj Sevashram. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (COAPP) | Filed by the company against an individual | Disposed |
| Bombay High Court | Appeal | Filed by the company against an individual | Disposed |
| Bombay High Court | Court case (COAPP) | Filed by the company against Shishir Bajaj and Ors. and Jamnalal Sons Pvt. Ltd. and 36 Ors. | Disposed |
To see the full case history of Bajaj Sevashram 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 Bajaj Sevashram Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Bajaj Sevashram has 5 subsidiary companies, 1 joint venture, and 4 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Jamnalal Sons Private Limited | U17110MH1938PTC010292 | |
| Bachhraj Factories Private Limited | U17120MH1926PTC001265 | |
| Bachhraj and Company Private Limited | U18101MH1927PTC001298 | |
| Rose Realtors Private Limited | U45400MH2008PTC183726 | |
| Sanraj Nayan Investments Private Limited | U67120MH2008PTC180620 |
To see the full group structure of Bajaj Sevashram Private Limited, buy the company report.
GST
Bajaj Sevashram has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCB2301D1ZG | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bajaj Sevashram Private Limited, buy the company report.
Recent activity
Bajaj Sevashram Private Limited has 13 board changes on record since 1976: 4 appointments and 9 cessations. The latest: Nikhil Gunvant Tarkas ceased to be Company Secretary on 31 Mar 2024.
24 earlier events are in the company report.
Frequently asked questions
Bajaj Sevashram is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 06 January 1953 (73+ years old) and is registered under CIN U24239MH1953PTC029952.
Bajaj Sevashram has 4 current directors:
- Shekhar Bajaj - Director
- Sanjivnayan Rahulkumar Bajaj - Director
- Rajivnayan Rahulkumar Bajaj - Director
- Nirajkumar Ramkrishnaji Bajaj - Director
The latest financial statements of Bajaj Sevashram on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Bajaj Sevashram is 27AADCB2301D1ZG, registered in Maharashtra.
The CIN (Corporate Identification Number) of Bajaj Sevashram is U24239MH1953PTC029952. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bajaj Sevashram has 3 court cases on record: 3 filed by the company.
Bajaj Sevashram was incorporated on 06 January 1953, making it 73+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Bajaj Sevashram by revenue are L&T Fincorp Limited, Fingrow Investment Ventures Private Limited, Equitas Micro Finance Limited, Electronica Finance Limited, KKR India Asset Finance Private Limited and 1 more, all in the BFSI industry (NBFC), with the same principal business activity (other financial activities).
Nikhil Gunvant Tarkas ceased to be Company Secretary on 31 Mar 2024. Rajivnayan Rahulkumar Bajaj was appointed as Director on 16 Feb 2022. Rajivnayan Rahulkumar Bajaj ceased to be Additional Director on 16 Feb 2022. Bajaj Sevashram has 13 board changes on record in total.
The registered office of Bajaj Sevashram is at Bajaj Bhawan 2nd Floor 226 Bajaj Marg Nariman Point, Mumbai, Maharashtra, India – 400021.
Bajaj Sevashram operates in the financial services industry, in the diversified financial services segment.

