Choraria Fincon Private Limited
About Choraria Fincon Private Limited
Data last updated:
Choraria Fincon Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 03 January 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U65923WB1997PTC082509.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1,350. It is led by directors Kanak Choraria and Mahendra Kumar Jain.
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 11 Clive Row 5th Floor, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2025, the company reported a revenue of ₹56,306, a decline of 31% compared to the previous year. For the same year it recorded a net profit of ₹2,331 (net margin 4.1%) and EBITDA of ₹3,151 (EBITDA margin 5.6%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years and 13% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Choraria Fincon Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address11 Clive Row 5th Floor, Kolkata, West Bengal, India – 700001
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Choraria Fincon 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
The main business activity of Choraria Fincon is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Choraria Fincon Private Limited, buy the company report.
Financials of Choraria Fincon Private Limited
FY 2024 filings availableChoraria Fincon Private Limited reported revenue of ₹56,306 (down 31% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 13% over five years, including a 31% fall in the latest year. EBITDA fell 35% 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 | ₹3,151 | ||||
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| Net Profit (PAT) | ₹2,331 | ||||
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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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| EBITDA Margin | 5.6% | ||||
| Net Profit Margin | 4.1% | ||||
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To see the full financial statements and ratios of Choraria Fincon Private Limited, buy the company report.
Board of directors of Choraria Fincon Private Limited
Choraria Fincon has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kanak Choraria Also directs: Suvidha Promoters Pvt Ltd | Director | 03 Jan 1997 | 29 Years 10 Months | Current |
| Mahendra Kumar Jain Also directs: Suvidha Promoters Pvt Ltd, Attalika Builders Pvt Ltd | Director | 29 Sep 2012 | 14 Years 1 Months | Current |
Auditor
Choraria Fincon Private Limited is audited by Jaisansaria & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Jaisansaria & Co. | FY 2022 | 327955E |
Shareholding
The shareholding of Choraria Fincon Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Choraria Fincon Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Choraria Fincon Private 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 Choraria Fincon Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Choraria Fincon Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Choraria Fincon Private Limited has 3 board changes on record since 1997: 2 appointments and 1 cessation. The latest: Rajesh Choraria ceased to be Director on 28 Mar 2013.
Frequently asked questions
Choraria Fincon is an active private limited company based in Kolkata, West Bengal, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 03 January 1997 (29+ years old) and is registered under CIN U65923WB1997PTC082509.
Choraria Fincon has 2 current directors:
- Kanak Choraria - Director
- Mahendra Kumar Jain - Director
The latest financial statements of Choraria Fincon 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 CIN (Corporate Identification Number) of Choraria Fincon is U65923WB1997PTC082509. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Choraria Fincon was incorporated on 03 January 1997, making it 29+ years old. It is registered with the Registrar of Companies, Kolkata.
Rajesh Choraria ceased to be Director on 28 Mar 2013. Mahendra Kumar Jain was appointed as Director on 29 Sep 2012. Kanak Choraria was appointed as Director on 03 Jan 1997.
The registered office of Choraria Fincon is at 11 Clive Row 5th Floor, Kolkata, West Bengal, India – 700001.
Choraria Fincon operates in the business outsourcing industry, in the business and IT consulting segment.
The compliance status of Choraria Fincon is compliant as of 14 July 2026. The company is actively filing with the Registrar of Companies.
Choraria Fincon can be reached at its registered office: 11 Clive Row 5th Floor, Kolkata, West Bengal, India – 700001.
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