Decent Financial Services Private Limited
About Decent Financial Services Private Limited
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Decent Financial Services Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 24 March 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1995PTC066722. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹22.05 Lakh. It is led by directors Alok Verma and Shridhar Bharat Harawade.
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 A – 86 Dda Shed Okhla Industrial Area Phase II, New Delhi, Delhi, India – 110020.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.81 Lakh, a decline of 70% compared to the previous year. For the same year it recorded a net profit of ₹4.22 Cr and EBITDA of ₹4.22 Cr. Revenue has declined at a compounded annual rate (CAGR) of 67% over three years and 80% over five years.
As per MCA filings, the company has satisfied charges of ₹180 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Decent Financial Services Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA – 86 Dda Shed Okhla Industrial Area Phase II, New Delhi, Delhi, India – 110020
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Decent 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
Financials of Decent Financial Services Private Limited
FY 2025 filings availableDecent Financial Services Private Limited reported revenue of ₹1.81 Lakh (down 70% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 80% over five years, including a 70% fall in the latest year. EBITDA rose 240% 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 | ₹4.22 Cr | ||||
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| Net Profit (PAT) | ₹4.22 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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To see the full financial statements and ratios of Decent Financial Services Private Limited, buy the company report.
Board of directors of Decent Financial Services Private Limited
Decent Financial Services has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alok Verma Also directs: Nishu Finlease Private Limited, V S B Investments Pvt Ltd | Director | 19 Apr 2021 | 5 Years 6 Months | Current |
| Shridhar Bharat Harawade | Director | 28 Aug 2023 | 3 Years 2 Months | Current |
Auditor
Decent Financial Services Private Limited is audited by Hemant Surana for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Hemant Surana | FY 2023 | 524754 |
Shareholding
The shareholding of Decent 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 Decent Financial Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 May 2015 | 10573258 | Others | ₹20 Cr | Satisfied | |
| 10 Nov 2014 | 10563674 | Others | ₹50 Cr | Satisfied | |
| 10 Apr 2014 | 10534103 | Credit Suisse Finance (India) Private Limited | ₹20 Cr | Satisfied | |
| 04 Sep 2012 | 10383962 | Religare Finvest Limited | ₹90 Cr | Satisfied |
To see the full charge records of Decent Financial Services Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Decent Financial Services Private Limited has 1 court case on record: 1 filed by Decent Financial Services. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Writ petition | Filed by the company against Income Tax Officer Circle 7(1), Delhi & Anr. | Disposed |
To see the full case history of Decent 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 Decent Financial Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Decent Financial Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Decent Financial Services Private Limited, buy the company report.
Recent activity
Decent Financial Services Private Limited has 11 board changes on record since 2009: 2 appointments and 9 cessations. The latest: Indra Mal Verma ceased to be Director on 04 Sep 2023.
13 earlier events are in the company report.
Frequently asked questions
Decent Financial Services is an active private limited company based in New Delhi, Delhi, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 24 March 1995 (31+ years old) and is registered under CIN U74899DL1995PTC066722.
Decent Financial Services has 2 current directors:
- Alok Verma - Director
- Shridhar Bharat Harawade - Director
The latest financial statements of Decent 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.
No. Decent Financial Services has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Decent Financial Services is U74899DL1995PTC066722. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Decent Financial Services has 1 court case on record: 1 filed by the company.
Decent Financial Services was incorporated on 24 March 1995, making it 31+ years old. It is registered with the Registrar of Companies, Delhi.
Indra Mal Verma ceased to be Director on 04 Sep 2023. Shridhar Bharat Harawade was appointed as Director on 28 Aug 2023. Alok Verma ceased to be Additional Director on 17 Nov 2021. Decent Financial Services has 11 board changes on record in total.
The registered office of Decent Financial Services is at A – 86 Dda Shed Okhla Industrial Area Phase II, New Delhi, Delhi, India – 110020.
Decent Financial Services operates in the financial services industry, in the brokerage and trading services segment.
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