About Caspian Financial Services Limited
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Caspian Financial Services Limited is a public limited company based in Hyderabad, Telangana, India, a subsidiary of Spandana Sphoorty Financial Limited. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 13 October 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65999TG2017PLC120042. Its GSTIN is 36AAHCC2382B1ZZ (Telangana). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Shalabh Saxena and Ashish Damani.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Galaxy Wing B 16th Floor Plot No.1 Sy No 83/1 Hyderabad Knowledge City Tsiic Raidurg, Panmaktha, Telangana, India – 500081.
As per the financials filed for FY 2025, the company reported a revenue of ₹20,000, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹1 Lakh (net margin -500%) and EBITDA of -₹1 Lakh (EBITDA margin -500%). Revenue has declined at a compounded annual rate (CAGR) of 70% over three years and 56% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spandanaindia.com.
Company details
Contact details
Caspian Financial Services Limited's registered office is in Hyderabad, Telangana. Its website is spandanaindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGalaxy Wing B 16th Floor Plot No.1 Sy No 83/1 Hyderabad Knowledge City Tsiic Raidurg, Panmaktha, Telangana, India – 500081
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Caspian Financial Services 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 Caspian Financial Services is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Caspian Financial Services Limited, buy the company report.
Financials of Caspian Financial Services Limited
FY 2025 filings availableCaspian Financial Services Limited reported revenue of ₹20,000 (down 100% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 56% over five years. EBITDA rose 58% 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 |
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| EBITDA | -₹1 Lakh | ||||
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| Net Profit (PAT) | -₹1 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -500% | ||||
| Net Profit Margin | -500% | ||||
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To see the full financial statements and ratios of Caspian Financial Services Limited, buy the company report.
Board of directors of Caspian Financial Services Limited
Caspian Financial Services 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 |
|---|---|---|---|---|
| Shalabh Saxena Also directs: Criss Financial Limited | Director | 01 Aug 2023 | 3 Years 3 Months | Current |
| Ashish Damani Also directs: Criss Financial Limited | Director | 03 Aug 2022 | 4 Years 3 Months | Current |
| Saakshi Gera Also directs: Spandana Sphoorty Financial Limited, Universal Nutriscience Private Limited, Criss Financial Limited and 2 more | Director | 24 Dec 2021 | 4 Years 10 Months | Current |
| Saurabh Pinjani | Director | 09 Sep 2025 | 1 Years 2 Months | Current |
Auditor
Caspian Financial Services Limited is audited by Padmanaban & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Padmanaban & Associates | FY 2023 | 008531S |
Shareholding
The shareholding of Caspian Financial Services 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 Caspian Financial Services Limited, buy the company report.
Legal cases
No court or tribunal cases involving Caspian Financial Services 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 Caspian Financial Services Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Caspian Financial Services has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAHCC2382B1ZZ | Telangana | Active | 27 May 2022 |
| 09AAHCC2382B1ZW | Uttar Pradesh | Active | 17 May 2022 |
| 33AAHCC2382B1Z5 | Tamil Nadu | Active | 23 May 2022 |
| 06AAHCC2382B1Z2 | Haryana | Active | 24 May 2022 |
To see the full GST registrations and return filing status of Caspian Financial Services Limited, buy the company report.
Recent activity
Caspian Financial Services Limited has 13 board changes on record since 2021: 4 appointments and 9 cessations. The latest: Saurabh Pinjani ceased to be Additional Director on 25 Sep 2025.
4 earlier events are in the company report.
News
Frequently asked questions
Caspian Financial Services is an active public limited company based in Hyderabad, Telangana, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 13 October 2017 (9+ years old) and is registered under CIN U65999TG2017PLC120042.
Caspian Financial Services has 4 current directors:
- Shalabh Saxena - Director
- Ashish Damani - Director
- Saakshi Gera - Director
- Saurabh Pinjani - Director
The latest financial statements of Caspian Financial Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Caspian Financial Services is 36AAHCC2382B1ZZ, registered in Telangana. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 09AAHCC2382B1ZW (Uttar Pradesh), 33AAHCC2382B1Z5 (Tamil Nadu), 06AAHCC2382B1Z2 (Haryana).
The CIN (Corporate Identification Number) of Caspian Financial Services is U65999TG2017PLC120042. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Caspian Financial Services was incorporated on 13 October 2017, making it 9+ years old. It is registered with the Registrar of Companies, Hyderabad.
Saurabh Pinjani ceased to be Additional Director on 25 Sep 2025. Saurabh Pinjani was appointed as Director on 09 Sep 2025. Shalabh Saxena was appointed as Director on 01 Aug 2023. Caspian Financial Services has 13 board changes on record in total.
Caspian Financial Services can be reached through the website spandanaindia.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Caspian Financial Services is at Galaxy Wing B 16th Floor Plot No.1 Sy No 831 Hyderabad Knowledge City Tsiic Raidurg, Panmaktha, Telangana, India – 500081.
Caspian Financial Services operates in the financial services industry, in the diversified financial services segment.
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