About Cifco Finance Ltd
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Cifco Finance Ltd is a public limited company based in Mumbai, Maharashtra, India. It operates in the investment banking and advisory segment of the financial services sector. It was incorporated on 16 February 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH1984PLC032186.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹7.7 Cr. It is led by directors including Sanjib Nandi Kumar and Baban Ramchandra More.
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 Bhupen Chambers Gr.Floor Unit – I Dalal Street Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2022, the company reported a revenue of ₹67.79 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹44.26 Lakh (net margin 65.3%) and EBITDA of -₹12.8 Lakh (EBITDA margin -18.9%). Revenue has grown at a compounded annual rate (CAGR) of 501% over three years and 189% over five years.
As per MCA filings, the company has satisfied charges of ₹5 Cr on record. Court records list 96 cases involving the company, including 35 filed by the company and 61 filed against it; 7 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website cifco.in.
Company details
Contact details
Cifco Finance Ltd's registered office is in Mumbai, Maharashtra. Its website is cifco.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBhupen Chambers Gr.Floor Unit – I Dalal Street Fort, Mumbai, Maharashtra, India – 400001
- IndustryFinancial Services, Investment Banking & Advisory
To see the full contact details of Cifco Finance Ltd, 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
Financials of Cifco Finance Ltd
FY 2025 filings availableCifco Finance Ltd reported revenue of ₹67.79 Lakh (up 12652% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 189% over five years. 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹67.79 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹12.8 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹44.26 Lakh | ||||
| 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -18.9% | ||||
| Net Profit Margin | 65.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Cifco Finance Ltd, buy the company report.
Board of directors of Cifco Finance Ltd
Cifco Finance has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjib Nandi Kumar | Director | 31 Jul 2002 | 24 Years 3 Months | Current |
| Baban Ramchandra More Also directs: Cyclic Chemicals Limited, Asim Exports International Limited, Pursarth Trading Company Private Limited and 1 more | Director | 17 Jul 2025 | 1 Years 3 Months | Current |
| Sharada Krishnan Also directs: Jaya Holdings Private Limited | Director | 06 Sep 2025 | 1 Years 1 Months | Current |
Auditor
Cifco Finance Ltd is audited by MAYUR MAHESH SHAH for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAYUR MAHESH SHAH | FY 2022 | 117604W |
Shareholding
The shareholding of Cifco Finance Ltd is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Cifco Finance Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Aug 1988 | 80010906 | State Bank of India | ₹5 Cr | Satisfied |
To see the full charge records of Cifco Finance Ltd, buy the company report.
Total charge records: 1 View all charges
Legal cases
Cifco Finance Ltd has 96 court cases on record: 35 filed by Cifco Finance, 61 filed against it. 7 cases are pending and 89 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 61 | 45 | 2 |
| District courts | 33 | 14 | 4 |
| Supreme Court | 2 | 2 | 1 |
Cases on record (5 of 96)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1803-Ordinary Civil Matters : Civil matters arising out of Securities Act, 1992) | Filed against the company by The Evexia Lifecard Ltd ( Formerly Known As M/S Kavit Industries Ltd) Through Its Director 9Th Floor , Galav Chambers, Near Sardar Patel Statue , District: Sayajigunj ,Vadodara , Gujarat | Pending |
| Bombay High Court | Court case (SPRP) | Filed against the company by Evexia Lifecare Limited | Disposed |
| Supreme Court | Court case (1803-Ordinary Civil Matters : Civil matters arising out of Securities Act, 1992) | Filed against the company by Oasis Nutraceuticals Ltd. Authorized Rep. (Formerly Sam Leasco Ltd.) Registered Office at H-4-5, Everest Building, 9Th Floor, Tardeo Road, , District: . ,Mumbai , Maharashtra | Disposed |
| Bombay High Court | Appeal | Filed against the company by Champaklal Investment and Financial Consultancy Limited | Disposed |
| Bombay High Court | Court case (CAF) | Filed against the company by Champaklal Investment and Financial Consultancy Limited | Disposed |
To see the full case history of Cifco Finance Ltd, 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 Cifco Finance Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Cifco Finance has 1 associated company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Cifco Finance Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Cifco Finance Ltd has 7 board changes on record since 2002: 5 appointments and 2 cessations. The latest: Sharada Krishnan was appointed as Director on 06 Sep 2025.
1 earlier event is in the company report.
Frequently asked questions
Cifco Finance is an active public limited company based in Mumbai, Maharashtra, India. The company works in investment banking and advisory, within the financial services industry. It was incorporated on 16 February 1984 (42+ years old) and is registered under CIN U67120MH1984PLC032186.
Cifco Finance has 3 current directors:
- Sanjib Nandi Kumar - Director
- Baban Ramchandra More - Director
- Sharada Krishnan - Director
The latest financial statements of Cifco Finance on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Cifco Finance is U67120MH1984PLC032186. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cifco Finance has 96 court cases on record: 35 filed by the company and 61 filed against it. 7 are pending. Most are in the high courts.
Cifco Finance was incorporated on 16 February 1984, making it 42+ years old. It is registered with the Registrar of Companies, Mumbai.
Sharada Krishnan was appointed as Director on 06 Sep 2025. Baban Ramchandra More was appointed as Director on 17 Jul 2025. Krishnan Parameswaran ceased to be Director on 19 Dec 2024. Cifco Finance has 7 board changes on record in total.
Cifco Finance can be reached through the website cifco.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Cifco Finance is at Bhupen Chambers Gr.Floor Unit – I Dalal Street Fort, Mumbai, Maharashtra, India – 400001.
Cifco Finance operates in the financial services industry, in the investment banking and advisory segment.
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