Doaba Finserv Private Limited
About Doaba Finserv Private Limited
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Doaba Finserv Private Limited is a private limited company based in Jalandhar, Punjab, India. It operates in the asset financing companies segment of the financial services sector. It was incorporated on 04 February 1967 and has been in existence for over 59 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U65921PB1967PTC002691. Its GSTIN is 03AAACM9135B1Z0 (Punjab).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.92 Cr. It was formerly known as Doaba Finsec Limited and Doaba Finserv Limited. It is led by directors including Pulkit Aggarwal (Managing Director) and Renu Aggarwal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 38 – B Police Line Road, Jalandhar, Punjab, India – 144001.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.65 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹63.48 Lakh (net margin 17.4%) and EBITDA of ₹2.75 Cr (EBITDA margin 75.3%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 22% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹12.35 Cr and satisfied charges of ₹28.87 Cr on record. Court records list 26 cases involving the company, including 24 filed by the company and 2 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Doaba Finserv has undergone 8 name changes throughout its history. The current legal name is Doaba Finserv Private Limited.
| Company Name | Status |
|---|---|
| Doaba Finserv Private Limited | Current |
| Doaba Finsec Limited | Previous |
| Doaba Finserv Limited | Previous |
| Doaba Finlease Limited | Previous |
| Doaba Financial Services Limited | Previous |
| Midland Financiers Doaba Private Limited | Previous |
| Doaba Investments Limited | Previous |
| Doaba Finroot Services Limited | Previous |
| Midland Financiers Doaba Limited | Previous |
CIN history
Doaba Finserv has one previous CIN (Corporate Identification Number): U65921PB1967PLC002691. The current CIN is U65921PB1967PTC002691, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65921PB1967PTC002691 | Current |
| U65921PB1967PLC002691 | Previous |
Contact details
Doaba Finserv Private Limited's registered office is in Jalandhar, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address38 – B Police Line Road, Jalandhar, Punjab, India – 144001
- IndustryFinancial Services, Asset Financing Companies, NBFC, Investment & Credit NBFC
To see the full contact details of Doaba Finserv 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 Doaba Finserv 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 Doaba Finserv Private Limited, buy the company report.
Financials of Doaba Finserv Private Limited
FY 2024 filings availableDoaba Finserv Private Limited reported revenue of ₹3.65 Cr (up 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 19% growth in the latest year. EBITDA rose 23% 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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| Total Expenses | |||||
| EBITDA | ₹2.75 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹63.48 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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| Inventories | |||||
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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 | 75.3% | ||||
| Net Profit Margin | 17.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
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To see the full financial statements and ratios of Doaba Finserv Private Limited, buy the company report.
Board of directors of Doaba Finserv Private Limited
Doaba Finserv has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Renu Aggarwal | Director | 30 Sep 2021 | 5 Years 1 Months | Current |
| Parminder Singh | Director | 01 Jul 2015 | 11 Years 4 Months | Current |
| Pulkit Aggarwal Also directs: Millennium Real Estate Developers Private Limited | Managing Director | 22 Jun 2020 | 6 Years 4 Months | Current |
| Ojaswi Aggarwal Also directs: S R Impex Private Limited | Director | 23 May 2022 | 4 Years 5 Months | Current |
| Adhish Aggarwal | Director | 23 May 2023 | 3 Years 5 Months | Current |
Peer comparison
Doaba Finserv Private Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Asset Financing Companies, NBFC Investment and Credit Companies, Small Non Deposit NBFC), 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 |
|---|---|---|---|---|---|---|
| Fun 'N' Food Pvt Ltd | ₹3.67 Cr (FY 2025) | -22.0% | Ghaziabad, Uttar Pradesh, India | |||
| Valiant Investments & Trades Private Limited | ₹3.67 Cr (FY 2024) | 15.0% | Mumbai, Maharashtra, India | |||
| Khetan Tracon Private Limited | ₹3.66 Cr (FY 2024) | 19.0% | Kolkata, West Bengal, India | |||
| Doaba Finserv Private Limitedthis company | ₹3.65 Cr (FY 2025) | ₹63.48 Lakh | 17.4% | 19.0% | 3 | Jalandhar, Punjab, India |
| Manoj Mercantile Credit Pvt Ltd | ₹3.65 Cr (FY 2024) | 165.0% | Kolkata, West Bengal, India | |||
| BMW Fin - Invest Private Limited | ₹3.64 Cr (FY 2020) | 21.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Doaba Finserv Private Limited, buy the company report.
Auditor
Doaba Finserv Private Limited is audited by D.Sharma & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D.Sharma & Co. | FY 2023 | 000801N |
Shareholding
The shareholding of Doaba Finserv 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 Doaba Finserv Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Sep 2025 | 101160772 | Hdfc Bank Limited | ₹30.01 Lakh | Open | |
| 23 Jul 2018 | 100200003 | Others | ₹3.83 Cr | Open | |
| 21 Aug 2017 | 100128199 | Others | ₹39 Lakh | Open | |
| 07 Nov 2016 | 100063320 | Others | ₹2.08 Cr | Open | |
| 25 Jul 2016 | 100043997 | Others | ₹53.1 Lakh | Open |
To see the full charge records of Doaba Finserv Private Limited, buy the company report.
Total charge records: 77 View all charges
Legal cases
Doaba Finserv Private Limited has 26 court cases on record: 24 filed by Doaba Finserv, 2 filed against it. 5 cases are pending and 21 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 23 | 0 | 3 |
| High courts | 3 | 2 | 2 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jalandhar, Punjab | Cheque dishonour complaint | Filed by the company against Hawks Hospitality Private Limited and 6 others | Pending |
| District court, Jalandhar, Punjab | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| High Court, HARYANA | Criminal miscellaneous application | Filed against the company by individuals | Pending |
| High Court, PUNJAB | Criminal miscellaneous application | Filed against the company by individuals | Pending |
| District court, Jalandhar, Punjab | Cheque dishonour complaint | Filed by the company against an individual | Pending |
To see the full case history of Doaba Finserv 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 Doaba Finserv Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Doaba Finserv Private Limited has a workforce of 3 employees on its EPFO records as of May 2026.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 3 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Doaba Finserv Private Limited, buy the company report.
GST
Doaba Finserv has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACM9135B1Z0 | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Doaba Finserv Private Limited, buy the company report.
Recent activity
Doaba Finserv Private Limited has 17 board changes on record since 1968: 11 appointments and 6 cessations. The latest: Adhish Aggarwal was appointed as Director on 23 May 2023.
153 earlier events are in the company report.
Frequently asked questions
Doaba Finserv is an active private limited company based in Jalandhar, Punjab, India. The company works in asset financing companies, within the financial services industry. It was incorporated on 04 February 1967 (59+ years old) and is registered under CIN U65921PB1967PTC002691.
Doaba Finserv has 5 current directors:
- Pulkit Aggarwal - Managing Director
- Renu Aggarwal - Director
- Parminder Singh - Director
- Ojaswi Aggarwal - Director
- Adhish Aggarwal - Director
The latest financial statements of Doaba Finserv on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Doaba Finserv is 03AAACM9135B1Z0, registered in Punjab.
The CIN (Corporate Identification Number) of Doaba Finserv is U65921PB1967PTC002691. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Doaba Finserv has 26 court cases on record: 24 filed by the company and 2 filed against it. 5 are pending. Most are in the district courts.
Doaba Finserv was incorporated on 04 February 1967, making it 59+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Doaba Finserv by revenue are Fun 'N' Food Pvt Ltd, Valiant Investments & Trades Private Limited, Khetan Tracon Private Limited, Manoj Mercantile Credit Pvt Ltd, BMW Fin - Invest Private Limited, all in the BFSI industry (Asset Financing Companies, NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Adhish Aggarwal was appointed as Director on 23 May 2023. Ojaswi Aggarwal was appointed as Director on 23 May 2022. Paramjit Singh Randhawa ceased to be Director on 16 May 2022. Doaba Finserv has 17 board changes on record in total.
The registered office of Doaba Finserv is at 38 – B Police Line Road, Jalandhar, Punjab, India – 144001.
Doaba Finserv operates in the financial services industry, in the asset financing companies segment.
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