About Capfloat Financial Services Private Limited
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Capfloat Financial Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 06 October 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65993KA1993PTC074590. Its GSTIN is 07AAACZ0903G1ZN (Delhi). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹111.47 Cr and a paid-up capital of ₹10.08 Cr. It was formerly known as Zen Lefin Private Limited and Zen Lefin Pvt Ltd. It is led by directors including Venkataraman Murali and Mohamed Salim Asaria.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹383.94 Cr, a growth of 75% compared to the previous year. For the same year it recorded a net loss of ₹17.58 Cr (net margin -4.6%) and EBITDA of ₹89.33 Cr (EBITDA margin 23.3%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years and 9% over five years.
The company has about 357 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 2 brands: Axio and Axio. As per MCA filings, the company has open charges of ₹456.56 Cr and satisfied charges of ₹3,774.32 Cr on record. Court records list 518 cases involving the company, including 406 filed by the company and 29 filed against it; 57 cases are pending. The company has 17 deals on record (12 funding rounds, 4 secondary share transfers, 1 acquisition), with disclosed funding of ₹1,435.42 Cr; the latest was in September 2025. Its 10 peer companies in the BFSI industry (Large NBFC, NBFC Investment and Credit Companies, Systemically Important Non Deposit NBFC) are compared by revenue, 5 larger and 5 smaller; the largest is Hathway Investments Private Limited with revenue of ₹391.79 Cr. The company has 7 MSME Form 1 returns on record between 2022 and 2024, listing 178 overdue payments to 29 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website capitalfloat.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNew No 3. (Old 211) Gokaldas Platinum Upper Palace Orchards Bellary Road Sad, Ashivnagar, Bangalore, Karnataka, India – 560080
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
- 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
- One PDF report, delivered after checkout
Business Activity of Capfloat Financial Services Private Limited
The main business activity of Capfloat Financial Services is financial and insurance service. In detail, this covers financial and credit leasing activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K5 | Financial and Credit leasing activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Capfloat Financial Services Private Limited FY 2025 filings available
Capfloat Financial Services Private Limited reported revenue of ₹383.94 Cr (up 75% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Capfloat Financial Services Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 75% growth in the latest year. EBITDA rose 306% 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 of Capfloat Financial Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹89.33 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹17.58 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 of Capfloat Financial Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 23.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -4.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Capfloat Financial Services are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Capfloat Financial Services Private Limited
Capfloat Financial Services Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Large NBFC, NBFC Investment and Credit Companies, Systemically Important Non Deposit NBFC). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hathway Investments Private Limited | ₹391.79 Cr (FY 2019) | •••• | •••• | 40.0% | •••• | Mumbai, Maharashtra, India |
| Goodworth Investments Pvt Ltd | ₹390.98 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | Kolkata, West Bengal, India |
| Vardhan Finvest Limited | ₹389.91 Cr (FY 2021) | •••• | •••• | -22.0% | •••• | Kolkata, West Bengal, India |
| Ratnabali Equity Private Limited | ₹389.35 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Kolkata, West Bengal, India |
| Skyline Tracom Private Limited | ₹387.67 Cr (FY 2021) | •••• | •••• | 24.0% | •••• | Kolkata, West Bengal, India |
| Capfloat Financial Services Private Limited this company | ₹383.94 Cr (FY 2024) | •••• | •••• | 75.0% | •••• | Bangalore, Karnataka, India |
| Ambadi Investments Limited | ₹382.1 Cr (FY 2021) | •••• | •••• | -14.0% | •••• | 43 Moore St Madras, Tamil Nadu, India |
| LRSD Securities Private Limited | ₹374.7 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | New Delhi, Delhi, India |
| Dhani Loans and Services Limited | ₹372.43 Cr (FY 2024) | •••• | •••• | -30.0% | •••• | New Delhi, Delhi, India |
| Indianivesh Limited Listed | ₹368.77 Cr (FY 2019) | •••• | •••• | 11.0% | •••• | Mumbai, Maharashtra, India |
| Edelweiss Retail Finance Limited | ₹367.62 Cr (FY 2018) | •••• | •••• | 45.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Capfloat Financial Services by revenue in the BFSI industry (Large NBFC, NBFC Investment and Credit Companies, Systemically Important Non Deposit NBFC), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Capfloat Financial Services Private Limited
Capfloat Financial Services Private Limited is audited by S.R. BATLIBOI & CO. LLP for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S.R. BATLIBOI & CO. LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Capfloat Financial Services Private Limited
Capfloat Financial Services has 8 current directors and 25 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkataraman Murali | Director | 29 Jun 2019 | 7 Years 3 Months | Current |
| Mohamed Salim Asaria | Director | 30 Sep 2025 | 1 Years 0 Months | Current |
| Mahendra Jaywant Nerurkar | Director | 03 Sep 2025 | 1 Years 1 Months | Current |
| Mahavir Jindal | Director | 03 Sep 2025 | 1 Years 1 Months | Current |
| Preetham Nagaraja Murthy | Director | 11 Sep 2025 | 1 Years 0 Months | Current |
| Gaurav Dinesh Hinduja Also directs: GDN Estates LLP, Gaurav Sashank Bangalore Financial Ventures Private Limited, Axio Digital Private Limited and 1 more | Director | 21 Oct 2013 | 12 Years 11 Months | Current |
Ownership and Shareholding of Capfloat Financial Services Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Capfloat Financial Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Feb 2025 | Others | ₹5 Cr | Open |
| 25 Nov 2024 | Others | ₹20 Cr | Open |
| 27 Sep 2024 | Others | ₹4.15 Cr | Open |
| 06 Sep 2024 | Idbi Trusteeship Services Limited | ₹7 Cr | Open |
| 22 Aug 2024 | Idbi Trusteeship Services Limited | ₹2 Cr | Open |
Total charge records: 276 View all charges
Deals & Funding of Capfloat Financial Services Private Limited
Capfloat Financial Services Private Limited has 17 deals on record (12 funding rounds, 4 secondary share transfers, 1 acquisition), with disclosed funding of ₹1,435.42 Cr; the latest was in September 2025.
Deals on record (5 of 17)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2025 | Acquisition | ₹1,763.8 Cr | Buyer: Amazon Retail India Private Limited |
| Aug 2024 | Funding round · Series G | ₹166 Cr | Investors: Amazon Smbhav Venture Fund, 2 individuals |
| Aug 2019 | Secondary share transfer | Undisclosed | Buyer: The Soros Economic Development Fund Seller: Lightrock India (LGT Lightstone Aspada) |
| Jun 2018 | Secondary share transfer | Undisclosed | Buyer: Amazon Smbhav Venture Fund Seller: Dinesh Hinduja Family Office |
| Jun 2013 | Secondary share transfer | Undisclosed | Buyer: Shyam Computers Private Limited, 3 individuals Seller: Kirti Commodities Pvt. Ltd. , Orchid Securities Private Limited , Venkateswaraa Developers Private Limited , an individual |
Full deal history
All 17 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Capfloat Financial Services Private Limited
Capfloat Financial Services Private Limited has 518 court cases on record: 406 filed by Capfloat Financial Services, 29 filed against it, 83 where it is another party. 57 cases are pending and 461 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 468 | 22 | 49 |
| High courts | 44 | 3 | 4 |
| NCLAT | 6 | 4 | 4 |
Cases on record (5 of 518)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, New Delhi | Insolvency matter | Filed against the company by The Bank of Baroda Limited | Pending |
| NCLAT, New Delhi | Insolvency matter | Filed by the company against Rave Scans Private Limited | Pending |
| District court, Chennai, Tamil Nadu | Civil suit | Filed against the company by Kal Publications Private Limited | Disposed |
| High Court of Delhi | Court case (CRL.L.P.) | Filed by the company against Bon Mart International Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Mayuved Private Limited | Disposed |
Full case history
All 518 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Capfloat Financial Services Private Limited
Capfloat Financial Services Private Limited has 7 MSME Form 1 returns on record between 2022 and 2024, listing 178 overdue payments to 29 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 29)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Clear Touch Connect Private Limited | •••• | •••• | •••• |
| Catalyst Trusteeship Limited | •••• | •••• | •••• |
| Teamlease Regtech Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Desibel | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 7 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Capfloat Financial Services Private Limited
Capfloat Financial Services operates two associated brands: axio and axio. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Personal SMS inbox assistant and mobile expense tracker provided. | getwalnut.com | |
| An online lending platform for point-of-sale financing is provided. | axio.co.in |
Employees and EPFO Compliance at Capfloat Financial Services Private Limited
Capfloat Financial Services Private Limited has a workforce of 357 employees as of Jan 14, 2025.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Capfloat Financial Services Private Limited
Capfloat Financial Services has 2 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Axio Capital Private Limited | U65990KA2022PTC165494 | Locked |
| Axio Digital Private Limited | U72900PN2014PTC153050 | Locked |
Showing major subsidiaries. Total: 2.
Name History of Capfloat Financial Services Private Limited
Capfloat Financial Services has undergone 2 name changes throughout its history. The company was previously known as Zen Lefin Private Limited, and Zen Lefin Pvt Ltd. The current legal name is Capfloat Financial Services Private Limited.
| Company Name | Status |
|---|---|
| Capfloat Financial Services Private Limited | Current |
| Zen Lefin Private Limited | Previous |
| Zen Lefin Pvt Ltd | Previous |
CIN History of Capfloat Financial Services Private Limited
Capfloat Financial Services has one previous CIN (Corporate Identification Number): U65993WB1993PTC060354. The current CIN is U65993KA1993PTC074590, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65993KA1993PTC074590 | Current |
| U65993WB1993PTC060354 | Previous |
News related to Capfloat Financial Services Private Limited
Recent Activity on Capfloat Financial Services Private Limited
Capfloat Financial Services Private Limited has 29 board changes on record since 2013: 11 appointments and 18 cessations. The latest: Balaji Mani was appointed as Additional Director on 17 Nov 2025.
500 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Capfloat Financial Services Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Capfloat Financial Services Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Capfloat Financial Services Private Limited
Capfloat Financial Services has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACZ0903G1ZN | Delhi | Active | 25 Jul 2017 |
| 27AAACZ0903G1ZL | Maharashtra | Active | 10 Oct 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Capfloat Financial Services Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Capfloat Financial Services Private Limited
Capfloat Financial Services is an active private limited company based in Bangalore, Karnataka, India. The company works in nbfc, within the financial services industry. It was incorporated on 06 October 1993 (33+ years old) and is registered under CIN U65993KA1993PTC074590.
Capfloat Financial Services reported revenue of ₹383.94 Cr for FY 2024 (up 75% YoY).
Capfloat Financial Services has 8 current directors:
- Venkataraman Murali - Director
- Mohamed Salim Asaria - Director
- Mahendra Jaywant Nerurkar - Director
- Mahavir Jindal - Director
- Preetham Nagaraja Murthy - Director
- Gaurav Dinesh Hinduja - Director
- Sashank Ramasubban Rishyasringa - Director
- Nirav Ashwin Kamdar - Director
Capfloat Financial Services reported a net loss of ₹17.58 Cr (net margin -4.6%) and EBITDA of ₹89.33 Cr (EBITDA margin 23.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Capfloat Financial Services is 46% over three years and 9% over five years. In the latest year (FY 2024) revenue rose 75%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Capfloat Financial Services is 07AAACZ0903G1ZN, registered in Delhi. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 27AAACZ0903G1ZL (Maharashtra).
The CIN (Corporate Identification Number) of Capfloat Financial Services is U65993KA1993PTC074590. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Capfloat Financial Services has 518 court cases on record: 406 filed by the company and 29 filed against it. 57 are pending. Most are in the district courts.
Capfloat Financial Services was incorporated on 06 October 1993, making it 33+ years old. It is registered with the Registrar of Companies, Bangalore.
Capfloat Financial Services has 17 deals on record (12 funding rounds, 4 secondary share transfers, 1 acquisition), with disclosed funding of ₹1,435.42 Cr; the latest was in September 2025.
The peers of Capfloat Financial Services by revenue are Hathway Investments Private Limited, Goodworth Investments Pvt Ltd, Vardhan Finvest Limited, Ratnabali Equity Private Limited, Skyline Tracom Private Limited and 5 more, all in the BFSI industry (Large NBFC, NBFC Investment and Credit Companies, Systemically Important Non Deposit NBFC).
Balaji Mani was appointed as Additional Director on 17 Nov 2025. Mohamed Salim Asaria was appointed as Director on 30 Sep 2025. Mahavir Jindal ceased to be Additional Director on 29 Sep 2025. Capfloat Financial Services has 29 board changes on record in total.