- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0101635

About DBS Financial Services Private Limited
Data last updated:
DBS Financial Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 01 March 1960 and has been in existence for over 66 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U55101MH1960PTC011592. Its GSTIN is 27AAACD0540P1ZN (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹22.4 Cr. It is led by directors Aditya Bhandari and Vanita Bhandari.
Its last annual general meeting (AGM) was held on 14 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Raheja Chambers 213 Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.14 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹1.42 Cr (net margin 19.9%) and EBITDA of ₹2.3 Cr (EBITDA margin 32.3%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 5% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.6 Cr on record. Court records list 22 cases involving the company, including 16 filed by the company and 6 filed against it; 5 cases are pending.
DBS Financial Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0101635). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dbsindia.com.
Company details
CIN history
DBS Financial Services has one previous CIN (Corporate Identification Number): U55101MH2004PTC011592. The current CIN is U55101MH1960PTC011592, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U55101MH1960PTC011592 | Current |
| U55101MH2004PTC011592 | Previous |
Recognitions & Rankings of DBS Financial Services
Contact details
DBS Financial Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is dbsindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressRaheja Chambers 213 Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of DBS 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 DBS Financial Services is administrative and support service activities. In detail, this covers office administrative, office support and other business support activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Administrative and support service activities | 82 | Office administrative, office support and other business support activities |
To see the full business activity and turnover split of DBS Financial Services Private Limited, buy the company report.
Financials of DBS Financial Services Private Limited
FY 2024 filings availableDBS Financial Services Private Limited reported revenue of ₹7.14 Cr (down 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 34% 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 | ₹2.3 Cr | ||||
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| Net Profit (PAT) | ₹1.42 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 32.3% | ||||
| Net Profit Margin | 19.9% | ||||
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To see the full financial statements and ratios of DBS Financial Services Private Limited, buy the company report.
Board of directors of DBS Financial Services Private Limited
DBS Financial Services has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aditya Bhandari Also directs: DBS Internet Services Private Limited, DBS Corporate Services Private Limited, DBS Workspace Management Private Limited and 4 more | Director | 27 Jul 2016 | 10 Years 3 Months | Current |
| Vanita Bhandari Also directs: Copper Rollers Private Limited, DBS Internet Services Private Limited, Salsette Agencies Private Limited and 5 more | Director | 28 Jun 1985 | 41 Years 4 Months | Current |
Auditor
DBS Financial Services Private Limited is audited by Arun G. Verma & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Arun G. Verma & Co. | FY 2023 | 100557W |
Shareholding
The shareholding of DBS Financial Services Private 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 DBS Financial Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2025 | 101095534 | Hdfc Bank Limited | ₹1.6 Cr | Open | |
| 22 May 2019 | 100814726 | Others | ₹1 Cr | Open |
Total charge records: 2 View all charges
Legal cases
DBS Financial Services Private Limited has 22 court cases on record: 16 filed by DBS Financial Services, 6 filed against it. 5 cases are pending and 17 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 5 | 1 |
| High courts | 7 | 1 | 4 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Civil suit | Filed against the company by an individual | Pending |
| Bombay High Court | Appeal | Filed by the company against Brihanmumbai Mahanagarpalika (Municipal Corporation of Greater Bombay) | Pending |
| Bombay High Court | Tax appeal | Filed by the company against The Dy. Commissioner of Income Tax Special Range 3 (1) | Pending |
| Bombay High Court | Appeal | Filed by the company against an individual | Pending |
| Bombay High Court | Writ petition | Filed against the company by an individual | Pending |
To see the full case history of DBS Financial Services Private 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for DBS Financial Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
DBS Financial Services Private Limited has a workforce of 12 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
DBS Financial Services has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACD0540P1ZN | Maharashtra | Active | 01 Jul 2017 |
| 07AAACD0540P1ZP | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of DBS Financial Services Private Limited, buy the company report.
Recent activity
DBS Financial Services Private Limited has 6 board changes on record since 1985: 2 appointments and 4 cessations. The latest: Perveez Shamsunder Aggarwal ceased to be Director on 19 Sep 2018.
News
Frequently asked questions
DBS Financial Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 01 March 1960 (66+ years old) and is registered under CIN U55101MH1960PTC011592.
DBS Financial Services has 2 current directors:
- Aditya Bhandari - Director
- Vanita Bhandari - Director
The latest financial statements of DBS Financial Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 14 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of DBS Financial Services is 27AAACD0540P1ZN, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 07AAACD0540P1ZP (Delhi).
The CIN (Corporate Identification Number) of DBS Financial Services is U55101MH1960PTC011592. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
DBS Financial Services has 22 court cases on record: 16 filed by the company and 6 filed against it. 5 are pending. Most are in the district courts.
DBS Financial Services was incorporated on 01 March 1960, making it 66+ years old. It is registered with the Registrar of Companies, Mumbai.
Perveez Shamsunder Aggarwal ceased to be Director on 19 Sep 2018. Shamsunder Gopaldas Aggarwal ceased to be Managing Director on 17 Apr 2018. Aditya Bhandari ceased to be Additional Director on 30 Sep 2016. DBS Financial Services has 6 board changes on record in total.
Yes, DBS Financial Services is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0101635).
DBS Financial Services can be reached through the website dbsindia.com. Its registered office is in Mumbai, Maharashtra, India.

