About Earlysalary Services Private Limited
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Earlysalary Services Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Social Worth Technologies Private Limited. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 06 September 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U67120PN1994PTC184868. Its GSTIN is 27AACCA1425E1Z9 (Maharashtra). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹215 Cr and a paid-up capital of ₹194.54 Cr. It was formerly known as Earlysalary Finance Private Limited and Ashish Securities Pvt Ltd. It is led by directors including Ashish Sohan Goyal (Managing Director) and Satish Gordhan Mehta.
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 Unit No. 404 The Chambers Viman Nagar, Pune, Maharashtra, India – 411014.
As per the financials filed for FY 2024, the company reported a revenue of ₹705.42 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹55.34 Cr (net margin 7.8%) and EBITDA of ₹224.57 Cr (EBITDA margin 31.8%). Revenue has grown at a compounded annual rate (CAGR) of 113% over three years and 76% over five years.
The company has about 596 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Fibe. As per MCA filings, the company has open charges of ₹3,862.74 Cr and satisfied charges of ₹1,438.97 Cr on record. Court records list 1,445 cases involving the company, including 1,256 filed by the company and 189 filed against it; 1,110 cases are pending. The company has 26 deals on record (11 secondary share transfers, 10 funding rounds, 3 acquisitions), with disclosed funding of ₹862.57 Cr; the latest was in October 2025. Its 7 peer companies in the BFSI industry (Large NBFC, Mid Sized Non Deposit NBFC, NBFC Investment and Credit Companies), with the same principal business activity (other financial activities) are compared by revenue, 4 larger and 3 smaller; the largest is Rexcin Finance Private Limited with revenue of ₹731.25 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 earlysalary.com.
Company details
Name history
Earlysalary Services has undergone 2 name changes throughout its history. The company was previously known as Earlysalary Finance Private Limited, and Ashish Securities Pvt Ltd. The current legal name is Earlysalary Services Private Limited.
| Company Name | Status |
|---|---|
| Earlysalary Services Private Limited | Current |
| Earlysalary Finance Private Limited | Previous |
| Ashish Securities Pvt Ltd | Previous |
CIN history
Earlysalary Services has one previous CIN (Corporate Identification Number): U67120WB1994PTC064965. The current CIN is U67120PN1994PTC184868, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67120PN1994PTC184868 | Current |
| U67120WB1994PTC064965 | Previous |
Contact details
Earlysalary Services Private Limited's registered office is in Pune, Maharashtra. Its website is earlysalary.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressUnit No. 404 The Chambers Viman Nagar, Pune, Maharashtra, India – 411014
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
To see the full contact details of Earlysalary 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 Earlysalary Services 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 Earlysalary Services Private Limited, buy the company report.
Financials of Earlysalary Services Private Limited
FY 2024 filings availableEarlysalary Services Private Limited reported revenue of ₹705.42 Cr (up 155% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 76% over five years, including 155% growth in the latest year. EBITDA rose 49% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹705.42 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹224.57 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹55.34 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 31.8% | ||||
| Net Profit Margin | 7.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Earlysalary Services Private Limited, buy the company report.
Board of directors of Earlysalary Services Private Limited
Earlysalary Services has 5 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Sohan Goyal | Managing Director | 27 Mar 2017 | 9 Years 7 Months | Current |
| Satish Gordhan Mehta Also directs: Athena Credxpert LLP, Pahal Financial Services Private Limited, Aham Housing Finance Limited and 4 more | Director | 07 Jan 2025 | 1 Years 9 Months | Current |
| Mukul Mathur Also directs: Zerot Plus Technologies LLP, Aptus Value Housing Finance India Limited, SK Finance Limited and 1 more | Additional Director | 19 Dec 2025 | 0 Years 10 Months | Current |
| Subhasri Sriram Also directs: TVS Electronics Limited, Shriram Asset Management Company Limited, TVS Capital Funds Private Limited and 5 more | Director | 05 Sep 2022 | 4 Years 1 Months | Current |
| Akshay Mehrotra | Director | 27 Mar 2017 | 9 Years 7 Months | Current |
Peer comparison
Earlysalary Services Private Limited is compared with the 7 companies closest to it by revenue in the BFSI industry (Large NBFC, Mid Sized Non Deposit NBFC, NBFC Investment and Credit Companies), 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 |
|---|---|---|---|---|---|---|
| Rexcin Finance Private Limited | ₹731.25 Cr (FY 2017) | 670970.0% | Delhi, India | |||
| Karni Syntex Pvt. Ltd. | ₹718.59 Cr (FY 2025) | -18.0% | Kolkata, West Bengal, India | |||
| Supreme Impex Private Ltd | ₹709.14 Cr (FY 2025) | -8.0% | Kolkata, West Bengal, India | |||
| NDX P2p Private Limited | ₹705.83 Cr (FY 2024) | 220.0% | Mumbai, Maharashtra, India | |||
| Earlysalary Services Private Limitedthis company | ₹705.42 Cr (FY 2024) | ₹55.34 Cr | 7.8% | 155.0% | 596 | Pune, Maharashtra, India |
| Bakshiram Uderam Holdings Pvt. Ltd. | ₹701.2 Cr (FY 2025) | -25.0% | Kolkata, West Bengal, India | |||
| Kinara Capital Private Limited | ₹692.13 Cr (FY 2025) | -4.0% | Bangalore, Karnataka, India | |||
| Sherya Portfolio Private Limited | ₹678.85 Cr (FY 2025) | 65.0% | Delhi, India |
To see the full peer comparison of Earlysalary Services Private Limited, buy the company report.
Auditor
Earlysalary Services Private Limited is audited by KIRTANE PANDIT & LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KIRTANE PANDIT & LLP | FY 2022 | 105/215W/W100057 |
Shareholding
The shareholding of Earlysalary Services Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Earlysalary Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Nov 2025 | 101197093 | Others | ₹35 Cr | Open | |
| 27 Nov 2025 | 101199068 | Others | ₹55 Cr | Open | |
| 27 Nov 2025 | 101199644 | Others | ₹30 Cr | Open | |
| 11 Nov 2025 | 101197378 | Others | ₹22.5 Cr | Open | |
| 10 Nov 2025 | 101192276 | Others | ₹50 Cr | Open |
To see the full charge records of Earlysalary Services Private Limited, buy the company report.
Total charge records: 225 View all charges
Deals & funding
Earlysalary Services Private Limited has 26 deals on record (11 secondary share transfers, 10 funding rounds, 3 acquisitions), with disclosed funding of ₹862.57 Cr; the latest was in October 2025.
Deals on record (5 of 26)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2022 | Secondary share transfer | Undisclosed | Buyer: Social Worth Technologies Limited Seller: Utsav Prakashan Limited |
| Dec 2018 | Debt financing | ₹15 Cr | Investors: Blacksoil Group, Vistra Itcl (India) Limited , VBG Reality LLP |
| Feb 2017 | Secondary share transfer | Undisclosed | Buyer: Abc Financial Services Pvt Ltd Seller: Prabhu-Dhan Carriers Pvt Ltd |
| Jan 2017 | Secondary share transfer | Undisclosed | Buyer: Abc Financial Services Pvt Ltd Seller: Sweta Financial Services Pvt.Ltd. , Bhoruka Properties Pvt Ltd |
| Feb 2016 | Secondary share transfer | Undisclosed | Buyer: Sweta Financial Services Pvt.Ltd. , Abc Financial Services Pvt Ltd, Bhoruka Properties Pvt Ltd Seller: an individual |
To see the full deal history of Earlysalary Services 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
Earlysalary Services Private Limited has 1,445 court cases on record: 1,256 filed by Earlysalary Services, 189 filed against it. 1,110 cases are pending and 335 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1,370 | 114 | 1,106 |
| High courts | 75 | 75 | 4 |
Cases on record (5 of 1,445)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (Reg.Sum.Suit) | Filed by the company against Sankash Private Limited Through Its Director Akash Dahiya | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company | Pending |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company by an individual | Pending |
| District court, Solapur, Maharashtra | Court case (Insolvency) | Filed against the company by an individual | Pending |
| District court, Medchal Malkajgiri, Telangana | Court case (IP) | Filed against the company by an individual | Pending |
To see the full case history of Earlysalary 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.
Credit ratings & regulatory alerts
Earlysalary Services Private Limited was last rated by Care on 30 Jun 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 30 Jun 2022 |
To see the full credit ratings and regulatory alerts of Earlysalary Services Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Earlysalary Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Earlysalary Services Private Limited has a workforce of 596 employees on its EPFO records as of Dec 11, 2024, across 1 active EPFO establishment.
GST
Earlysalary Services has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCA1425E1Z9 | Maharashtra | Active | 01 Jul 2017 |
| 07AACCA1425E1ZB | Delhi | Active | 21 Oct 2023 |
| 27AACCA1425E2Z8 | Maharashtra | Active | 26 Mar 2025 |
To see the full GST registrations and return filing status of Earlysalary Services Private Limited, buy the company report.
Recent activity
Earlysalary Services Private Limited has 19 board changes on record since 2009: 5 appointments and 14 cessations. The latest: Mukul Mathur was appointed as Additional Director on 19 Dec 2025.
347 earlier events are in the company report.
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Frequently asked questions
Earlysalary Services is an active private limited company based in Pune, Maharashtra, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 06 September 1994 (32+ years old) and is registered under CIN U67120PN1994PTC184868.
Earlysalary Services has 5 current directors:
- Ashish Sohan Goyal - Managing Director
- Satish Gordhan Mehta - Director
- Mukul Mathur - Additional Director
- Subhasri Sriram - Director
- Akshay Mehrotra - Director
The latest financial statements of Earlysalary Services 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 Earlysalary Services is 27AACCA1425E1Z9, registered in Maharashtra. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 07AACCA1425E1ZB (Delhi), 27AACCA1425E2Z8 (Maharashtra).
The CIN (Corporate Identification Number) of Earlysalary Services is U67120PN1994PTC184868. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Earlysalary Services has 1,445 court cases on record: 1,256 filed by the company and 189 filed against it. 1,110 are pending. Most are in the district courts.
Earlysalary Services was incorporated on 06 September 1994, making it 32+ years old. It is registered with the Registrar of Companies, Pune.
Earlysalary Services has 26 deals on record (11 secondary share transfers, 10 funding rounds, 3 acquisitions), with disclosed funding of ₹862.57 Cr; the latest was in October 2025.
The peers of Earlysalary Services by revenue are Rexcin Finance Private Limited, Karni Syntex Pvt. Ltd, Supreme Impex Private Ltd, NDX P2p Private Limited, Bakshiram Uderam Holdings Pvt. Ltd. and 2 more, all in the BFSI industry (Large NBFC, Mid Sized Non Deposit NBFC, NBFC Investment and Credit Companies), with the same principal business activity (other financial activities).
Mukul Mathur was appointed as Additional Director on 19 Dec 2025. Satish Gordhan Mehta ceased to be Additional Director on 19 Mar 2025. Satish Gordhan Mehta was appointed as Director on 07 Jan 2025. Earlysalary Services has 19 board changes on record in total.
Earlysalary Services can be reached through the website earlysalary.com. Its registered office is in Pune, Maharashtra, India.
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