Damani Financial Services Private Limited
About Damani Financial Services Private Limited
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Damani Financial Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 28 October 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH2010PTC209533. Its GSTIN is 27AADCD6133H1ZS (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹91 Lakh. It is led by directors including Abhinav Ramesh Damani and Rashmi Ramesh Damani.
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 Moti Mahal 7th Floor 195 J. Tata Road Churchgate, Mumbai, Maharashtra, India – 400020.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.1 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹6.89 Cr (net margin 42.8%) and EBITDA of ₹8.7 Cr (EBITDA margin 54%). Revenue has declined at a compounded annual rate (CAGR) of 30% over three years and 17% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹5.4 Cr; the latest was in June 2011.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Damani Financial Services Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressMoti Mahal 7th Floor 195 J. Tata Road Churchgate, Mumbai, Maharashtra, India – 400020
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Damani Financial Services 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 Damani Financial Services 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 Damani Financial Services Private Limited, buy the company report.
Financials of Damani Financial Services Private Limited
FY 2025 filings availableDamani Financial Services Private Limited reported revenue of ₹16.1 Cr (down 30% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 30% fall in the latest year. EBITDA rose 150% 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 | ₹8.7 Cr | ||||
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| Net Profit (PAT) | ₹6.89 Cr | ||||
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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 | 54% | ||||
| Net Profit Margin | 42.8% | ||||
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To see the full financial statements and ratios of Damani Financial Services Private Limited, buy the company report.
Board of directors of Damani Financial Services Private Limited
Damani Financial Services has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhinav Ramesh Damani Also directs: M. L. Damani Securities Private Limited | Director | 29 Sep 2016 | 10 Years 1 Months | Current |
| Rashmi Ramesh Damani | Director | 28 Oct 2010 | 16 Years 0 Months | Current |
| Jhuma Gour Adhikari | Director | 06 Dec 2010 | 15 Years 11 Months | Current |
Shareholding
The shareholding of Damani Financial Services Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Damani Financial Services Private Limited, buy the company report.
Deals & funding
Damani Financial Services Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹5.4 Cr; the latest was in June 2011.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2011 | Funding round | ₹40 Lakh | Investors: an individual |
| Nov 2010 | Funding round | ₹5 Cr | Investors: Ramesh M Damani HUF, 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Damani Financial Services 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 Damani Financial Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Damani Financial Services Private Limited has a workforce of 8 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Damani Financial Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCD6133H1ZS | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Damani Financial Services Private Limited, buy the company report.
Recent activity
Damani Financial Services Private Limited has 5 board changes on record since 2010: 3 appointments and 2 cessations. The latest: Ramesh Makhanlal Damani ceased to be Director on 04 Jun 2020.
Frequently asked questions
Damani Financial Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 28 October 2010 (16+ years old) and is registered under CIN U67190MH2010PTC209533.
Damani Financial Services has 3 current directors:
- Abhinav Ramesh Damani - Director
- Rashmi Ramesh Damani - Director
- Jhuma Gour Adhikari - Director
The latest financial statements of Damani Financial Services 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 GSTIN of Damani Financial Services is 27AADCD6133H1ZS, registered in Maharashtra.
The CIN (Corporate Identification Number) of Damani Financial Services is U67190MH2010PTC209533. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Damani Financial Services was incorporated on 28 October 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Damani Financial Services has 2 deals on record (2 funding rounds), with disclosed funding of ₹5.4 Cr; the latest was in June 2011.
Ramesh Makhanlal Damani ceased to be Director on 04 Jun 2020. Shilpa Umakant Agaskar ceased to be Director on 19 Sep 2017. Abhinav Ramesh Damani was appointed as Director on 29 Sep 2016. Damani Financial Services has 5 board changes on record in total.
The registered office of Damani Financial Services is at Moti Mahal 7th Floor 195 J. Tata Road Churchgate, Mumbai, Maharashtra, India – 400020.
Damani Financial Services operates in the financial services industry, in the diversified financial services segment.
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