About CD Equifinance Private Limited
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CD Equifinance Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 17 December 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U65999WB1985PTC039880. Its GSTIN is 19AACCP7333A1ZO (West Bengal). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹6.6 Cr and a paid-up capital of ₹5.13 Cr. It was formerly known as Portfolio Management and Financial Consultancy Services Private Limited. It is led by directors including Chandravadan Desai and Jay Hasmukhlal Sheth.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 37 Shakespeare Sarani 3rd Floor S.B. Tower, Kolkata, West Bengal, India – 700017.
As per the financials filed for FY 2023, the company reported a revenue of ₹64.9 Cr, a decline of 72.6% compared to the previous year.
Its group structure includes 1 subsidiary.
The company is associated with 2 brands: CD Equifinance Private Limited and CD EquiSearch. As per MCA filings, the company has open charges of ₹5.55 Cr and satisfied charges of ₹15 Cr on record. Court records list 13 cases involving the company, including 8 filed by the company and 5 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cdequi.com.
Company details
CIN history
CD Equifinance has one previous CIN (Corporate Identification Number): U99999WB1985PTC039880. The current CIN is U65999WB1985PTC039880, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65999WB1985PTC039880 | Current |
| U99999WB1985PTC039880 | Previous |
Contact details
CD Equifinance Private Limited's registered office is in Kolkata, West Bengal. Its website is cdequi.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address37 Shakespeare Sarani 3rd Floor S.B. Tower, Kolkata, West Bengal, India – 700017
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of CD Equifinance 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
Brands
CD Equifinance operates two associated brands: CD Equifinance Private Limited and CD EquiSearch. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| An online platform for conducting technical analysis and research. | cdequi.com | |
| Financial solutions and investment services with a focus on ethical conduct in India. | cdef.in |
Business activity
CD Equifinance 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 CD Equifinance Private Limited, buy the company report.
Financials of CD Equifinance Private Limited
FY 2024 filings availableCD Equifinance Private Limited reported revenue of ₹64.9 Cr (down 72.6% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 72.6% 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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| Total Revenue | ₹64.9 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 CD Equifinance Private Limited, buy the company report.
Board of directors of CD Equifinance Private Limited
CD Equifinance has 4 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandravadan Desai | Director | 20 Dec 1992 | 33 Years 10 Months | Current |
| Jay Hasmukhlal Sheth Also directs: Bilav Information Services LLP, Vishva Packaging Machinery LLP, Gulmohr Trading LLP and 1 more | Director | 12 Apr 2024 | 2 Years 6 Months | Current |
| Pranay Desai | Director | 06 Dec 2004 | 21 Years 10 Months | Current |
| Umesh Kishorekant Sanghvi Also directs: Vbe4u Trading LLP, Vasant Chemicals Private Ltd., Kaybee Indents Private Limited and 5 more | Additional Director | 12 Jun 2025 | 1 Years 4 Months | Current |
Peer comparison
CD Equifinance Private Limited is compared with the 6 companies closest to it by revenue in the BFSI industry (Large NBFC, Mid Sized Non Deposit 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 |
|---|---|---|---|---|---|---|
| CD Equifinance Private Limitedthis company | ₹64.9 Cr (FY 2023) | -72.6% | Kolkata, West Bengal, India | |||
| Prayas Financial Services Private Limited | ₹27.75 Cr (FY 2024) | 130.0% | Ahmedabad, Gujarat, India | |||
| Bhagwati Holdings Private Limited | ₹27.69 Cr (FY 2024) | 114.0% | Mumbai, Maharashtra, India | |||
| Goodvalue Securities Pvt Ltd | ₹27.67 Cr (FY 2025) | -24.0% | Kolkata, West Bengal, India | |||
| Satin Finserv Limited | ₹27.58 Cr (FY 2022) | 11.0% | Gurugram, Haryana, India | |||
| Fairassets Technologies India Private Limited | ₹27.35 Cr (FY 2025) | -42.0% | Gurgaon, Haryana, India | |||
| Melker Finance and Leasing Private Limited | ₹27.35 Cr (FY 2024) | 9.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of CD Equifinance Private Limited, buy the company report.
Auditor
CD Equifinance Private Limited is audited by KOTHARI AND COMPANY for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KOTHARI AND COMPANY | FY 2019 | 301178E |
Shareholding
The shareholding of CD Equifinance 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 CD Equifinance Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Apr 2025 | 101088597 | Hdfc Bank Limited | ₹2.7 Cr | Open | |
| 22 Jan 2025 | 101042835 | Others | ₹2.85 Cr | Open | |
| 21 Jul 2006 | 10018177 | Hdfc Bank Limited | ₹5 Cr | Satisfied | |
| 10 Apr 2006 | 80011869 | Cholamandalam Investment and Finance Company Limited | ₹10 Cr | Satisfied |
To see the full charge records of CD Equifinance Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
CD Equifinance Private Limited has 13 court cases on record: 8 filed by CD Equifinance, 5 filed against it. 4 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 4 | 3 |
| District courts | 3 | 1 | 1 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Calcutta High Court | Tax appeal | Filed against the company by Principal Commissioner of Income Tax, Kolkata-3,Kolkata | Pending |
| District court, South Twenty Four Parganas, West Bengal | Criminal complaint | Filed against the company by an individual | Pending |
| High Court | Arbitration matter | Filed by the company against an individual | Pending |
| High Court | Arbitration matter | Filed by the company against an individual | Pending |
| High Court, West Bengal | Court case (ITAT) | Filed against the company by Principal Commissioner of Income Tax-1, Kolkata Amit Sharma | Disposed |
To see the full case history of CD Equifinance 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 CD Equifinance Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
CD Equifinance has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| CD Exim Private Limited | U51909WB1998PTC088291 |
To see the full group structure of CD Equifinance Private Limited, buy the company report.
GST
CD Equifinance has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCP7333A1ZO | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of CD Equifinance Private Limited, buy the company report.
Recent activity
CD Equifinance Private Limited has 12 board changes on record since 1992: 5 appointments and 7 cessations. The latest: Umesh Kishorekant Sanghvi was appointed as Additional Director on 12 Jun 2025.
9 earlier events are in the company report.
Frequently asked questions
CD Equifinance is an active private limited company based in Kolkata, West Bengal, India. The company works in nbfc, within the financial services industry. It was incorporated on 17 December 1985 (41+ years old) and is registered under CIN U65999WB1985PTC039880.
CD Equifinance has 4 current directors:
- Chandravadan Desai - Director
- Jay Hasmukhlal Sheth - Director
- Pranay Desai - Director
- Umesh Kishorekant Sanghvi - Additional Director
The latest financial statements of CD Equifinance on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of CD Equifinance is 19AACCP7333A1ZO, registered in West Bengal. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of CD Equifinance is U65999WB1985PTC039880. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
CD Equifinance has 13 court cases on record: 8 filed by the company and 5 filed against it. 4 are pending. Most are in the high courts.
CD Equifinance was incorporated on 17 December 1985, making it 41+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of CD Equifinance by revenue are Prayas Financial Services Private Limited, Bhagwati Holdings Private Limited, Goodvalue Securities Pvt Ltd, Satin Finserv Limited, Fairassets Technologies India Private Limited and 1 more, all in the BFSI industry (Large NBFC, Mid Sized Non Deposit NBFC, NBFC Investment and Credit Companies), with the same principal business activity (other financial activities).
Umesh Kishorekant Sanghvi was appointed as Additional Director on 12 Jun 2025. Jay Hasmukhlal Sheth ceased to be Additional Director on 29 Sep 2024. Chandravadan Desai ceased to be Managing Director on 06 Jun 2024. CD Equifinance has 12 board changes on record in total.
CD Equifinance can be reached through the website cdequi.com. Its registered office is in Kolkata, West Bengal, India.
The registered office of CD Equifinance is at 37 Shakespeare Sarani 3rd Floor S.B. Tower, Kolkata, West Bengal, India – 700017.