About Criss Financial Limited
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Criss Financial Limited is a public limited company based in Hyderabad, Telangana, India, a subsidiary of Spandana Sphoorty Financial Limited. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 20 August 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65993TG1992PLC014687. Its GSTIN is 36AABCM5461B1ZT (Telangana). The company holds 13 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹15.67 Cr. It was formerly known as M.G. Brotherrs Finance Ltd. and Criss Financial Holdings Limited. It is led by directors including Shalabh Saxena and Ashish Damani.
Its last annual general meeting (AGM) was held on 16 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 2024, the company reported a revenue of ₹149.06 Cr, a growth of 47% compared to the previous year. For the same year it recorded a net profit of ₹13.79 Cr (net margin 9.3%) and EBITDA of ₹97.93 Cr (EBITDA margin 65.7%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 30% over five years.
The company is associated with 1 brand: Criss Financial. As per MCA filings, the company has open charges of ₹120 Cr and satisfied charges of ₹759.13 Cr on record. Court records list 288 cases involving the company, including 284 filed by the company and 4 filed against it; 245 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 crissfin.com.
Company details
Name history
Criss Financial has undergone 3 name changes throughout its history. The company was previously known as M.G. Brotherrs Finance Ltd., Criss Financial Holdings Limited, and Keertana Financial Limited. The current legal name is Criss Financial Limited.
| Company Name | Status |
|---|---|
| Criss Financial Limited | Current |
| M.G. Brotherrs Finance Ltd. | Previous |
| Criss Financial Holdings Limited | Previous |
| Keertana Financial Limited | Previous |
CIN history
Criss Financial has one previous CIN (Corporate Identification Number): U65993AP1992PLC014687. The current CIN is U65993TG1992PLC014687, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65993TG1992PLC014687 | Current |
| U65993AP1992PLC014687 | Previous |
Contact details
Criss Financial Limited's registered office is in Hyderabad, Telangana. Its website is crissfin.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGalaxy Wing B 16th Floor Plot No.1 Sy No 83/1 Hyderabad Knowledge City Tsiic Raidurg, Panmaktha, Telangana, India – 500081
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
To see the full contact details of Criss Financial 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
Criss Financial operates one associated brand: Criss Financial. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Micro credit loans are provided to customers for various needs. | crissfin.com |
Business activity
The main business activity of Criss Financial is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Criss Financial Limited, buy the company report.
Financials of Criss Financial Limited
FY 2025 filings availableCriss Financial Limited reported revenue of ₹149.06 Cr (up 47% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 30% over five years, including 47% growth in the latest year. EBITDA rose 141% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹97.93 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.79 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 65.7% | ||||
| Net Profit Margin | 9.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Criss Financial Limited, buy the company report.
Board of directors of Criss Financial Limited
Criss Financial has 5 current directors and 33 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shalabh Saxena Also directs: Caspian Financial Services Limited | Director | 21 Sep 2022 | 4 Years 1 Months | Current |
| Ashish Damani Also directs: Caspian Financial Services Limited | Director | 03 Aug 2022 | 4 Years 2 Months | Current |
| Saakshi Gera Also directs: Spandana Sphoorty Financial Limited, Universal Nutriscience Private Limited, Caspian Financial Services Limited and 2 more | Nominee Director | 25 Oct 2024 | 2 Years 0 Months | Current |
| Abanti Mitra | Director | 27 Dec 2018 | 7 Years 10 Months | Current |
| Deepak Calian Vaidya Also directs: Spiracca Ventures LLP, Apollo Multispeciality Hospitals Limited, Marudhar Hotels Pvt Ltd and 1 more | Director | 30 Oct 2019 | 7 Years 0 Months | Current |
Peer comparison
Criss Financial Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| RPS Properties Pvt. Ltd. | ₹152.14 Cr (FY 2020) | -3.0% | Kolkata, West Bengal, India | |||
| Mintifi Finserve Private Limited | ₹150.4 Cr (FY 2023) | 200.0% | Mumbai, Maharashtra, India | |||
| Criss Financial Limitedthis company | ₹149.06 Cr (FY 2024) | ₹13.79 Cr | 9.3% | 47.0% | Hyderabad, Telangana, India | |
| Kotak Infrastructure Debt Fund Limited | ₹148.99 Cr (FY 2025) | 34.0% | Mumbai, Maharashtra, India | |||
| Yes Capital (India) Private Limited | ₹148.13 Cr (FY 2019) | 99.0% | Mumbai, Maharashtra, India | |||
| India Factoring and Finance Solutions Private Limited | ₹147.78 Cr (FY 2025) | 21.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Criss Financial Limited, buy the company report.
Auditor
Criss Financial Limited is audited by Raju & Prasad for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Raju & Prasad | FY 2019 | 003475S |
Shareholding
The shareholding of Criss Financial 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 Criss Financial Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Mar 2025 | 101071183 | Others | ₹25 Cr | Open | |
| 31 Dec 2024 | 101032277 | Others | ₹10 Cr | Open | |
| 31 Dec 2024 | 101032285 | Others | ₹10 Cr | Open | |
| 30 Sep 2024 | 100987047 | Others | ₹10 Cr | Open | |
| 30 Sep 2024 | 100987048 | Others | ₹10 Cr | Open |
To see the full charge records of Criss Financial Limited, buy the company report.
Total charge records: 59 View all charges
Legal cases
Criss Financial Limited has 288 court cases on record: 284 filed by Criss Financial, 4 filed against it. 245 cases are pending and 43 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 286 | 2 | 245 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 288)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Tiruppur, Tamil Nadu | Court case (IP) | Filed against the company | Pending |
| District court, Krishna, Andhra Pradesh | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Krishna, Andhra Pradesh | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Krishna, Andhra Pradesh | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Krishna, Andhra Pradesh | Criminal complaint | Filed by the company against an individual | Pending |
To see the full case history of Criss Financial 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.
Credit ratings & regulatory alerts
Criss Financial Limited was last rated by Icra on 17 Jun 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 17 Jun 2022 |
To see the full credit ratings and regulatory alerts of Criss Financial Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Criss Financial Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Criss Financial has 13 GST registrations: 7 active and 6 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AABCM5461B1ZT | Telangana | Active | 01 Jul 2017 |
| 36AABCM5461B2ZS | Telangana | Active | 29 Aug 2017 |
| 37AABCM5461B2ZQ | Andhra Pradesh | Active | 14 Jul 2017 |
| 08AABCM5461B1ZS | Rajasthan | Active | 01 Jul 2023 |
To see the full GST registrations and return filing status of Criss Financial Limited, buy the company report.
Recent activity
Criss Financial Limited has 34 board changes on record since 2007: 5 appointments and 29 cessations. The latest: Dinesh Mourya ceased to be Company Secretary on 26 Mar 2025.
138 earlier events are in the company report.
Frequently asked questions
Criss Financial is an active public limited company based in Hyderabad, Telangana, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 20 August 1992 (34+ years old) and is registered under CIN U65993TG1992PLC014687.
Criss Financial has 5 current directors:
- Shalabh Saxena - Director
- Ashish Damani - Director
- Saakshi Gera - Nominee Director
- Abanti Mitra - Director
- Deepak Calian Vaidya - Director
The latest financial statements of Criss Financial on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 16 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Criss Financial is 36AABCM5461B1ZT, registered in Telangana. The company has 13 GST registrations in all, of which 7 are active and 6 are cancelled or inactive. Other active GSTINs include 36AABCM5461B2ZS (Telangana), 37AABCM5461B2ZQ (Andhra Pradesh), 08AABCM5461B1ZS (Rajasthan).
The CIN (Corporate Identification Number) of Criss Financial is U65993TG1992PLC014687. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Criss Financial has 288 court cases on record: 284 filed by the company and 4 filed against it. 245 are pending. Most are in the district courts.
Criss Financial was incorporated on 20 August 1992, making it 34+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Criss Financial by revenue are RPS Properties Pvt. Ltd, Mintifi Finserve Private Limited, Kotak Infrastructure Debt Fund Limited, Yes Capital (India) Private Limited, India Factoring and Finance Solutions Private Limited, 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).
Dinesh Mourya ceased to be Company Secretary on 26 Mar 2025. Saakshi Gera ceased to be Additional Director on 13 Dec 2024. Saakshi Gera was appointed as Nominee Director on 25 Oct 2024. Criss Financial has 34 board changes on record in total.
Criss Financial can be reached through the website crissfin.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Criss Financial is at Galaxy Wing B 16th Floor Plot No.1 Sy No 831 Hyderabad Knowledge City Tsiic Raidurg, Panmaktha, Telangana, India – 500081.
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