
About DSP Finance Private Limited
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DSP Finance Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Dsp Adiko Holdings Private Limited. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 13 May 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U64920MH1996PTC099483. Its GSTIN is 27AAACD3069K1ZJ (Maharashtra). The company holds 24 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹500 Cr and a paid-up capital of ₹250 Cr. It was formerly known as Dsp Investment Managers Private Limited and Dsp Blackrock Investment Managers Limited. It is led by directors including Jayesh Jayantilal Mehta (Whole-Time Director) and Pramodprakash Chandrikaprasad Singh.
Its last annual general meeting (AGM) was held on 19 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mafatlal Centre 11th Floor Vidhan Bhavan Marg, Nariman Point Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2024, the company reported a revenue of ₹105.19 Cr, a growth of 91% compared to the previous year. For the same year it recorded a net profit of ₹97 Cr (net margin 92.2%) and EBITDA of ₹97.46 Cr (EBITDA margin 92.7%). Revenue has declined at a compounded annual rate (CAGR) of 32% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 3 brands: DSP Mutual Fund, DSPIM and DSP Adiko Holdings. As per MCA filings, the company has open charges of ₹575 Cr and satisfied charges of ₹8.08 Cr on record. Court records list 33 cases involving the company, including 8 filed by the company and 25 filed against it; 11 cases are pending. The company has 5 deals on record (5 secondary share transfers); the latest was in August 2018. The company has 11 MSME Form 1 returns on record between 2019 and 2023, listing 462 overdue payments to 64 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dspinvest.com.
Company details
Name history
DSP Finance has undergone 5 name changes throughout its history. The current legal name is Dsp Finance Private Limited.
| Company Name | Status |
|---|---|
| DSP Finance Private Limited | Current |
| Dsp Investment Managers Private Limited | Previous |
| Dsp Blackrock Investment Managers Limited | Previous |
| Dsp Merrill Lynch Fund Managers Limited | Previous |
| Dsp Merrill Lynch Asset Management (India) Limited | Previous |
| Dsp Blackrock Investment Managers Private Limited | Previous |
CIN history
DSP Finance has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U64920MH1996PTC099483, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U64920MH1996PTC099483 | Current |
| U74140MH1996PTC099483 | Previous |
| U74140MH1996PLC099483 | Previous |
Contact details
DSP Finance Private Limited's registered office is in Mumbai, Maharashtra. Its website is dspinvest.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressMafatlal Centre 11th Floor Vidhan Bhavan Marg, Nariman Point Mumbai, Maharashtra, India – 400021
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of DSP Finance 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
Brands
DSP Finance operates multiple associated brands including DSP Mutual Fund, DSPIM, and DSP Adiko Holdings. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive investment management services for funds. | dspim.com | |
| DSPIM is an investment management firm specializing in diversified funds and portfolios. | dspblackrock.com | |
| Limited information available | dspinvest.com |
Business activity
The main business activity of DSP Finance 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 DSP Finance Private Limited, buy the company report.
Financials of DSP Finance Private Limited
FY 2025 filings availableDSP Finance Private Limited reported revenue of ₹105.19 Cr (up 91% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 91% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 32%. EBITDA rose 103% 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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| Total Expenses | |||||
| EBITDA | ₹97.46 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹97 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 92.7% | ||||
| Net Profit Margin | 92.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of DSP Finance Private Limited, buy the company report.
Board of directors of DSP Finance Private Limited
DSP Finance has 8 current directors and 31 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pramodprakash Chandrikaprasad Singh Also directs: Hemko Patents Development Private Limited, MVL Realty Private Limited, H M K Realties Private Limited and 5 more | Director | 27 Jul 2023 | 3 Years 3 Months | Current |
| Arun Mehta | Director | 11 Nov 2025 | 0 Years 11 Months | Current |
| Kumar Mahendrabhai Shah Also directs: Bofa Securities India Limited | Additional Director | 23 Dec 2025 | 0 Years 10 Months | Current |
| Aditi Kothari Desai Also directs: DSP Investment Private Limited, Cephalopod Teknik-Ii LLP, Godrej Agrovet Limited and 5 more | Director | 26 Oct 2017 | 9 Years 0 Months | Current |
| Hemendra Mathradas Kothari Also directs: Hemko Patents Development Private Limited, MVL Realty Private Limited, H M K Realties Private Limited and 5 more | Director | 13 May 1996 | 30 Years 5 Months | Current |
| Jayesh Jayantilal Mehta Also directs: DSP Gilt Private Limited, DSP Fintech Private Limited, Ajmera Realty & Infra India Limited and 3 more | Whole-Time Director | 07 Mar 2024 | 2 Years 8 Months | Current |
Auditor
DSP Finance Private Limited is audited by BSR & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BSR & Co. LLP | FY 2023 | 101248W/W-100022 |
Shareholding
The shareholding of DSP Finance 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 DSP Finance Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Sep 2025 | 101164567 | Others | ₹100 Cr | Open | |
| 17 Sep 2025 | 101164550 | Others | ₹45 Cr | Open | |
| 23 Jun 2025 | 101118250 | Others | ₹180 Cr | Open | |
| 16 Jun 2025 | 101119066 | Others | ₹100 Cr | Open | |
| 29 May 2025 | 101108714 | Others | ₹50 Cr | Open |
To see the full charge records of DSP Finance Private Limited, buy the company report.
Total charge records: 86 View all charges
Deals & funding
DSP Finance Private Limited has 5 deals on record (5 secondary share transfers); the latest was in August 2018.
Deals on record (4 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Black Rock Advisors Singapore Pte Limited |
| Aug 2018 | Secondary share transfer | Undisclosed | Buyer: DSP Family Office Seller: Black Rock Advisors Singapore Pte Limited |
| Aug 2018 | Secondary share transfer | Undisclosed | Buyer: DSP Adiko Holdings Private Limited Seller: Black Rock Advisors Singapore Pte Limited |
| Nov 2008 | Secondary share transfer | Undisclosed | Buyer: Black Rock Advisors Singapore Pte Limited Seller: Bofa Securities India Limited |
To see the full deal history of DSP Finance Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
DSP Finance Private Limited has 33 court cases on record: 8 filed by DSP Finance, 25 filed against it. 11 cases are pending and 22 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 8 | 4 |
| NCLAT | 10 | 8 | 7 |
| District courts | 9 | 7 | 0 |
| Supreme Court | 2 | 2 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 33)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Mahatva Plastic Products and Building Materials Pvt Ltd | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by KKR India Financial Services Limited | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against Sintex Plastics Technology Ltd. and 3 others | Pending |
| NCLAT, Court II | Tribunal matter | Filed by the company against KKR India Financial Services Limited and 3 others | Disposed |
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by KKR India Financial Services Limited | Disposed |
To see the full case history of DSP Finance 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
DSP Finance Private Limited has 11 MSME Form 1 returns on record between 2019 and 2023, listing 462 overdue payments to 64 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 64)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Satyaprakash Recreation Private Limited | |||
| Moon Sez & Management Consultants LLP | |||
| Signzy Technologies Private Limited | |||
| an individual supplier | |||
| Aparajitha Corporate Services Private Limited |
To see the full MSME payment records of DSP Finance Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
DSP Finance Private Limited has a workforce of 1 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
DSP Finance has 24 GST registrations: 2 active and 22 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACD3069K1ZJ | Maharashtra | Active | 01 Jul 2017 |
| 07AAACD3069K1ZL | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of DSP Finance Private Limited, buy the company report.
Recent activity
DSP Finance Private Limited has 38 board changes on record since 1996: 8 appointments and 30 cessations. The latest: Kumar Mahendrabhai Shah was appointed as Additional Director on 23 Dec 2025.
195 earlier events are in the company report.
News
Frequently asked questions
DSP Finance 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 13 May 1996 (30+ years old) and is registered under CIN U64920MH1996PTC099483.
DSP Finance has 8 current directors:
- Jayesh Jayantilal Mehta - Whole-Time Director
- Pramodprakash Chandrikaprasad Singh - Director
- Arun Mehta - Director
- Kumar Mahendrabhai Shah - Additional Director
- Aditi Kothari Desai - Director
- Hemendra Mathradas Kothari - Director
- Virendra Sheth Vithaldas - Director
- Sanjay Kesarinath Chalke - Director
The latest financial statements of DSP Finance on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 19 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of DSP Finance is 27AAACD3069K1ZJ, registered in Maharashtra. The company has 24 GST registrations in all, of which 2 are active and 22 are cancelled or inactive. Other active GSTINs include 07AAACD3069K1ZL (Delhi).
The CIN (Corporate Identification Number) of DSP Finance is U64920MH1996PTC099483. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
DSP Finance has 33 court cases on record: 8 filed by the company and 25 filed against it. 11 are pending. Most are in the high courts.
DSP Finance was incorporated on 13 May 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
DSP Finance has 5 deals on record (5 secondary share transfers); the latest was in August 2018.
Kumar Mahendrabhai Shah was appointed as Additional Director on 23 Dec 2025. Arun Mehta was appointed as Director on 11 Nov 2025. Arun Mehta ceased to be Additional Director on 11 Nov 2025. DSP Finance has 38 board changes on record in total.
DSP Finance has 11 MSME Form 1 returns on record between 2019 and 2023, listing 462 overdue payments to 64 micro and small suppliers. The latest return was filed on 29 Aug 2023.
DSP Finance can be reached through the website dspinvest.com. Its registered office is in Mumbai, Maharashtra, India.

