Choice Finserv Private Limited - Company Profile

It is a financial services private limited company based in Mumbai, Maharashtra, India, established in 2016.

2016 Mumbai, Maharashtra, India Active

Last Updated: December 22, 2025

About Choice Finserv Private Limited

Choice Finserv Private Limited, a active private limited company, was established on 01 June 2016 in Mumbai, Maharashtra, India. Engaging in investment & credit nbfc within the financial and insurance service sector, it holds CIN: U74999MH2016PTC281908. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹106.60 Cr and a paid-up capital of ₹102.75 Cr.

It upholds a compliant status. Employing 699 professional, Its leadership includes Anil Aggarwal (Director), Manoj Kumar Verma (Director), Kamal Poddar (Whole-Time Director). Past directors included Anil Aggarwal, Manoj Kumar Verma, Kamal Poddar. It holds ₹762.56 Cr open charges and ₹233.11 Cr settled loans. Its latest AGM occurred on 02 September 2024, with the balance sheet filed on 31 March 2024. It is based at Sunil Patodia Tower, Plot No. 156-158, J.B. Nagar, Andheri (East),, Mumbai, Maharashtra, 400099.

Company Details

CIN/LLPIN
U74999MH2016PTC281908
Registration Number
281908
Incorporation Date
01 June 2016
Authorized Capital
₹106.60 Cr
Paid-Up Capital
₹102.75 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 106.60 Cr as on 22-12-2025
Paid Up Capital ₹ 102.75 Cr as on 22-12-2025
Company Age 9 Year, 8 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 762.56 Cr as on 22-12-2025
Satisfied Charges ₹ 233.11 Cr as on 22-12-2025
Revenue Growth **** 84.61% (FY 2024)
Profit Growth **** -51.93% (FY 2024)
Ebitda **** 39.58% (FY 2024)
Net Worth 5.53% (FY 2024)
Total Assets **** 57.20% (FY 2024)

Comprehensive Company Insights

Explore comprehensive insights into Choice Finserv Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Choice Finserv Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Anil Aggarwal	Director	13 Jul 2023	Current
Manoj Kumar Verma	Director	13 Oct 2023	Current
Kamal Poddar	Whole-Time Director	01 Jun 2016	Current
Vijendra Singh Shekhawat	Ceo	16 Dec 2021	Current
Arun Kumar Poddar	Director	27 Nov 2023	Current
Ajay Rajendra Kejriwal	Director	01 Jun 2016	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	22 Aug 2023	Past
Pramod Abcsdd	Additional Director	04 Jun 2024	Past
Pramod Abcsdd	Director	13 Aug 2021	Past
Pramod Abcsdd	Additional Director	30 Sep 2022	Past
Pramod Abcsdd	Additional Director	04 Jun 2024	Past
Pramod Abcsdd	Additional Director	30 Sep 2021	Past

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Financial Performance of Choice Finserv.

Choice Finserv Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 84.61% increase. The company also saw a substantial fall in profitability, with a 51.93% decrease in profit. The company's net worth moved up by a moderate rise of 5.53%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

84.61%

*******

Revenue from Operations

*******

84.21%

*******

Total Assets

*******

57.20%

*******

Profit or Loss

*******

-51.93%

*******

Net Worth

*******

5.53%

*******

EBITDA

*******

39.58%

*******

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What is the Ownership and Shareholding Structure of Choice Finserv?

In 2024, Choice Finserv had a promoter holding of 97.34% and a public holding of 2.66%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹7,625,584,174.29

Satisfied Charges

₹2,331,117,711.08

Charges Breakdown by Lending Institutions

Others : 659.30 Cr
State Bank Of India : 33.04 Cr
Hdfc Bank Limited : 30.22 Cr
Indian Overseas Bank : 20.00 Cr
Sidbi : 20.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
30 Oct 2025	Others	₹25.00 Cr	Open
16 Oct 2025	Others	₹15.00 Cr	Open
08 Sep 2025	Others	₹10.00 Cr	Open
30 Aug 2025	Others	₹30.00 Cr	Open
31 Jul 2025	Others	₹2.00 Cr	Open

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How Many Employees Work at Choice Finserv?

Choice Finserv has a workforce of 699 employees as of Dec 17, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Choice Finserv, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Choice Finserv's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Choice Finserv

Recent Activity within the Organization

Charges

The activity A charge registered on 31 Dec 2024 via Charge ID 101051809 with Others was fully satisfied on 10 Nov 2025. was completed.
10 Nov 2025
Charges

Progress on A charge with Others amounted to Rs. 25.00 Cr with Charge ID 101186938 was registered on 30 Oct 2025. was documented.
30 Oct 2025
Charges

The activity A charge with Others amounted to Rs. 15.00 Cr with Charge ID 101178482 was registered on 16 Oct 2025. was completed.
16 Oct 2025
Charges

A charge registered on 31 Jul 2023 via Charge ID 100763335 with Others was fully satisfied on 11 Sep 2025. was recorded as a recent event.
11 Sep 2025
Charges

Progress on A charge registered on 24 Nov 2021 via Charge ID 100513032 with Others was fully satisfied on 11 Sep 2025. was documented.
11 Sep 2025
Charges

The activity A charge with Others amounted to Rs. 10.00 Cr with Charge ID 101157811 was registered on 08 Sep 2025. was completed.
08 Sep 2025

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