About Dhani Loans and Services Limited
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Dhani Loans and Services Limited is a public limited company based in New Delhi, Delhi, India, a subsidiary of Dhani Services Limited. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 27 October 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1994PLC062407. Its GSTIN is 07AAACM0725H1ZU (Delhi). The company holds 24 GST registrations, of which 23 are active.
The company has an authorised share capital of ₹85.5 Cr and a paid-up capital of ₹61.19 Cr. It was formerly known as Shivshakti Financial Services Limited and Malpani Securities Private Limited. It is led by directors including Sanjeev Kashyap (Whole-Time Director) and Labh Singh Sitara.
Its last annual general meeting (AGM) was held on 25 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at A – 2 First Floor, Kirti Nagar, New Delhi, Delhi, India – 110015.
As per the financials filed for FY 2024, the company reported a revenue of ₹372.43 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹13.18 Cr (net margin 3.5%) and EBITDA of ₹127.59 Cr (EBITDA margin 34.3%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years and 27% over five years.
The company has about 199 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 5 brands: Indiabulls Dhani, Indiabulls Consumer Finance, Dhani Loans and Services, Dhani and TranServ. As per MCA filings, the company has open charges of ₹75.7 Cr and satisfied charges of ₹7,652.62 Cr on record. Court records list 6,667 cases involving the company, including 6,448 filed by the company and 153 filed against it; 1,913 cases are pending. The company has 21 deals on record (8 funding rounds, 8 secondary share transfers, 5 rights issues), with disclosed funding of ₹1,743.64 Cr; the latest was in March 2022. Its 10 peer companies in the BFSI industry (Large NBFC, NBFC Investment and Credit Companies, Systemically Important Non Deposit NBFC) are compared by revenue, 5 larger and 5 smaller; the largest is Ratnabali Equity Private Limited with revenue of ₹389.35 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dhani.com.
Name History of Dhani Loans and Services Limited
Dhani Loans and Services has undergone 6 name changes throughout its history. The current legal name is Dhani Loans And Services Limited.
| Company Name | Status |
|---|---|
| Dhani Loans and Services Limited | Current |
| Shivshakti Financial Services Limited | Previous |
| Malpani Securities Private Limited | Previous |
| Shivshakti Financial Services Private Limited | Previous |
| Indiabulls Consumer Finance Limited | Previous |
| Ivl Finance Limited | Previous |
| Ventures Financing Limited | Previous |
CIN History of Dhani Loans and Services Limited
Dhani Loans and Services has one previous CIN (Corporate Identification Number): U74899DL1994PTC062407. The current CIN is U74899DL1994PLC062407, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899DL1994PLC062407 | Current |
| U74899DL1994PTC062407 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressA – 2 First Floor, Kirti Nagar, New Delhi, Delhi, India – 110015
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
- 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
- One PDF report, delivered after checkout
Associated Brands with Dhani Loans and Services Limited
Dhani Loans and Services operates multiple associated brands including Indiabulls Dhani, Indiabulls Consumer Finance, and Dhani Loans and Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers personal loan services to individuals. | indiabullsdhani.com | |
| Delivers comprehensive solutions for consumer and business loans. | indiabullsconsumerfinance.com | |
| Provides instant credit lines and loans with flexible repayment options. | dhaniloansandservices.com | |
| App-based platform for financial products | dhani.com | |
| Digital payment solutions are provided for individuals and organizations. | transerv.co.in |
Business Activity of Dhani Loans and Services Limited
The main business activity of Dhani Loans and Services is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Dhani Loans and Services Limited FY 2024 filings available
Dhani Loans and Services Limited reported revenue of ₹372.43 Cr (down 30% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Dhani Loans and Services Limited
Revenue has declined at a compounded annual rate (CAGR) of 27% over five years, including a 30% fall in the latest year. EBITDA rose 368% 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 of Dhani Loans and Services Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹127.59 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹13.18 Cr | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Dhani Loans and Services Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 34.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.5% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Dhani Loans and Services are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors and KMP of Dhani Loans and Services Limited
Dhani Loans and Services Limited currently reports 6 directors and 1 key managerial person. 19 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Labh Singh Sitara Also directs: Indiabulls Limited, Henosis Enterprises Private Limited | Director | 14 Sep 2017 | 9 Years 1 Months | Current |
| Manish Rustagi Also directs: Indiabulls Urbanresidency Limited, Fintech Cloud Private Limited | Company Secretary | 16 Nov 2011 | 14 Years 11 Months | Current |
| Sanjeev Kashyap Also directs: Transerv Limited, Fintech Cloud Private Limited | Whole-Time Director | 01 Jan 2023 | 3 Years 9 Months | Current |
| Akshay Kumar Tiwary Also directs: Aromika Pioneer Ventures LLP, Indiabulls Urbanresidency Limited, Indiabulls Nests Limited and 3 more | Director | 28 Nov 2022 | 3 Years 10 Months | Current |
| Sargam Kataria Also directs: Indiabulls Asset Reconstruction Company Limited, Mackennas Minerals Private Limited, Agni Television Private Limited and 5 more | Director | 01 Aug 2023 | 3 Years 2 Months | Current |
| Prem Prakash Mirdha | Director | 04 Oct 2023 | 3 Years 0 Months | Current |
Peer Comparison of Dhani Loans and Services Limited
Dhani Loans and Services Limited is compared with the companies closest to it by revenue in the BFSI industry (Large NBFC, NBFC Investment and Credit Companies, Systemically Important Non Deposit NBFC). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ratnabali Equity Private Limited | ₹389.35 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Kolkata, West Bengal, India |
| Skyline Tracom Private Limited | ₹387.67 Cr (FY 2021) | •••• | •••• | 24.0% | •••• | Kolkata, West Bengal, India |
| Capfloat Financial Services Private Limited | ₹383.94 Cr (FY 2024) | •••• | •••• | 75.0% | •••• | Bangalore, Karnataka, India |
| Ambadi Investments Limited | ₹382.1 Cr (FY 2021) | •••• | •••• | -14.0% | •••• | 43 Moore St Madras, Tamil Nadu, India |
| LRSD Securities Private Limited | ₹374.7 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | New Delhi, Delhi, India |
| Dhani Loans and Services Limited this company | ₹372.43 Cr (FY 2024) | •••• | •••• | -30.0% | •••• | New Delhi, Delhi, India |
| Indianivesh Limited Listed | ₹368.77 Cr (FY 2019) | •••• | •••• | 11.0% | •••• | Mumbai, Maharashtra, India |
| Edelweiss Retail Finance Limited | ₹367.62 Cr (FY 2018) | •••• | •••• | 45.0% | •••• | Mumbai, Maharashtra, India |
| Auxilo Finserve Private Limited | ₹367.33 Cr (FY 2024) | •••• | •••• | 92.0% | •••• | Mumbai, Maharashtra, India |
| B Arunkumar Capital and Credit Services Private Limited | ₹366.6 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Mumbai, Maharashtra, India |
| Ridhi Sidhi Distributor Pvt Ltd | ₹364.85 Cr (FY 2024) | •••• | •••• | 904.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Dhani Loans and Services by revenue in the BFSI industry (Large NBFC, NBFC Investment and Credit Companies, Systemically Important Non Deposit NBFC), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Dhani Loans and Services Limited
Dhani Loans and Services Limited is audited by WalkerChandiok&Co LLP for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| WalkerChandiok&Co LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Dhani Loans and Services Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Dhani Loans and Services Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Nov 2021 | Others | ₹60 Lakh | Open |
| 14 Oct 2020 | Others | ₹75 Cr | Open |
| 26 Mar 2019 | Axis Bank Limited | ₹10 Lakh | Open |
| 12 May 2022 | Others | ₹26.66 Cr | Satisfied |
| 02 Feb 2022 | Others | ₹46.17 Cr | Satisfied |
Total charge records: 36 View all charges
Deals & Funding of Dhani Loans and Services Limited
Dhani Loans and Services Limited has 21 deals on record (8 funding rounds, 8 secondary share transfers, 5 rights issues), with disclosed funding of ₹1,743.64 Cr; the latest was in March 2022.
Deals on record (5 of 21)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Seller: Dhani Services Limited |
| Mar 2019 | Funding round | ₹275.02 Cr | Investors: Dhani Services Limited |
| Aug 2018 | Rights issue | ₹297.23 Cr | Investors: Dhani Services Limited |
| Jun 2018 | Rights issue | ₹2,000 Cr | Investors: Dhani Services Limited |
| Mar 2018 | Rights issue | ₹500 Cr | Investors: Dhani Services Limited |
Full deal history
All 21 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Dhani Loans and Services Limited
Dhani Loans and Services Limited has 6,667 court cases on record: 6,448 filed by Dhani Loans and Services, 153 filed against it, 66 where it is another party. 1,913 cases are pending and 4,754 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6,474 | 98 | 1,872 |
| High courts | 174 | 39 | 30 |
| NCLAT | 17 | 14 | 10 |
| Supreme Court | 2 | 2 | 1 |
Cases on record (5 of 6,667)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Lucknow, Uttar Pradesh | Criminal case | Filed against the company by Impact Associates Hospitality & Food Products Private Limited | Pending |
| District court, BENGALURU, Karnataka | Appeal | Filed against the company by Invixo Trading Private Limited | Pending |
| District court, Gurugram, Haryana | Original application | Filed against the company by Champa Impex Private Limited | Pending |
| District court, Pune, Maharashtra | Execution petition | Filed by the company against Signet Products Private Limited | Pending |
| NCLAT, New Delhi | Insolvency matter | Filed against the company by The Bank of Baroda Limited | Pending |
Full case history
All 6,667 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Dhani Loans and Services Limited
Dhani Loans and Services Limited has a workforce of 199 employees as of Mar 23, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Dhani Loans and Services Limited
Dhani Loans and Services has 3 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Indiabulls Investment Advisors Limited | U74992DL2008PLC182331 | Locked |
| Indiabulls Distribution Services Limited | U74999DL2009PLC191143 | Locked |
| Transerv Limited | U93090MH2010PLC211328 | Locked |
Showing major subsidiaries. Total: 3.
Recent Activity on Dhani Loans and Services Limited
Dhani Loans and Services Limited has 45 board changes on record since 1994: 26 appointments and 19 cessations. The latest: Narendra Jadhav ceased to be Additional Director on 04 Oct 2023.
115 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Dhani Loans and Services Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Dhani Loans and Services Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Dhani Loans and Services Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Dhani Loans and Services Limited
Dhani Loans and Services has 24 GST registrations: 23 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACM0725H1ZU | Delhi | Active | 01 Jul 2017 |
| 04AAACM0725H1Z0 | Chandigarh | Active | 01 Jul 2017 |
| 06AAACM0725H1ZW | Haryana | Active | 01 Jul 2017 |
| 09AAACM0725H1ZQ | Uttar Pradesh | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Dhani Loans and Services Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Dhani Loans and Services Limited
Frequently Asked Questions about Dhani Loans and Services Limited
Dhani Loans and Services is an active public limited company based in New Delhi, Delhi, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 27 October 1994 (32+ years old) and is registered under CIN U74899DL1994PLC062407.
Dhani Loans and Services reported revenue of ₹372.43 Cr for FY 2024 (down 30% YoY).
Dhani Loans and Services has 7 current directors and KMP:
- Sanjeev Kashyap - Whole-Time Director
- Labh Singh Sitara - Director
- Akshay Kumar Tiwary - Director
- Sargam Kataria - Director
- Prem Prakash Mirdha - Director
- Amit Ajit Gandhi - Director
- Manish Rustagi - Company Secretary
Dhani Loans and Services reported a net profit of ₹13.18 Cr (net margin 3.5%) and EBITDA of ₹127.59 Cr (EBITDA margin 34.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Dhani Loans and Services is -32% over three years and -27% over five years. In the latest year (FY 2024) revenue fell 30%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Dhani Loans and Services is 07AAACM0725H1ZU, registered in Delhi. The company has 24 GST registrations in all, of which 23 are active and 1 is cancelled or inactive. Other active GSTINs include 04AAACM0725H1Z0 (Chandigarh), 06AAACM0725H1ZW (Haryana), 09AAACM0725H1ZQ (Uttar Pradesh).
The CIN (Corporate Identification Number) of Dhani Loans and Services is U74899DL1994PLC062407. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dhani Loans and Services has 6,667 court cases on record: 6,448 filed by the company and 153 filed against it. 1,913 are pending. Most are in the district courts.
Dhani Loans and Services was incorporated on 27 October 1994, making it 32+ years old. It is registered with the Registrar of Companies, Delhi.
Dhani Loans and Services has 21 deals on record (8 funding rounds, 8 secondary share transfers, 5 rights issues), with disclosed funding of ₹1,743.64 Cr; the latest was in March 2022.
The peers of Dhani Loans and Services by revenue are Ratnabali Equity Private Limited, Skyline Tracom Private Limited, Capfloat Financial Services Private Limited, Ambadi Investments Limited, LRSD Securities Private Limited and 5 more, all in the BFSI industry (Large NBFC, NBFC Investment and Credit Companies, Systemically Important Non Deposit NBFC).