About Eduvanz Financing Private Limited
Data last updated:
Eduvanz Financing Private Limited is a private limited company based in Vasai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 29 August 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65999MH2016PTC285244. Its GSTIN is 27AAECE3790Q1ZY (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹3.6 Cr and a paid-up capital of ₹3.21 Cr. It is led by directors Varun Chopra and Honey Pamnani.
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 Vasai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹27.21 Cr, a decline of 57% compared to the previous year. For the same year it recorded a net loss of ₹57.07 Cr (net margin -209.8%) and EBITDA of -₹41.49 Cr (EBITDA margin -152.5%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 42% over five years.
The company has about 284 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 1 brand: Eduvanz. As per MCA filings, the company has open charges of ₹89.96 Cr and satisfied charges of ₹529.43 Cr on record. Court records list 11 cases involving the company, including 8 filed by the company and 3 filed against it; 7 cases are pending. The company has 15 deals on record (6 funding rounds, 4 secondary share transfers, 3 rights issues), with disclosed funding of ₹318.56 Cr; the latest was in February 2025. Its 10 peer companies in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC) are compared by revenue, 5 larger and 5 smaller; the largest is Fairassets Technologies India Private Limited with revenue of ₹27.35 Cr. The company has 13 MSME Form 1 returns on record between 2019 and 2023, listing 242 overdue payments to 40 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 eduvanz.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Apps
- Registered AddressF – 2 Cosmos Square Chikhaldongari Rd, Evershine Global City Dongarpada Rustomjee Global City, Vasai, Maharashtra, India – 401303
- IndustryFinancial Services, NBFC, Investment & Credit 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
Business Activity of Eduvanz Financing Private Limited
The main business activity of Eduvanz Financing 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 Eduvanz Financing Private Limited FY 2024 filings available
Eduvanz Financing Private Limited reported revenue of ₹27.21 Cr (down 57% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Eduvanz Financing Private Limited
Revenue fell 57% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 42%. EBITDA fell 541% 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 Eduvanz Financing Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹41.49 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹57.07 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 Eduvanz Financing Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -152.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -209.8% | •••• | •••• | •••• | •••• |
| 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 Eduvanz Financing are in the company report.
Financial statements from FY 2017
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.
Peer Comparison of Eduvanz Financing Private Limited
Eduvanz Financing Private Limited is compared with the companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small 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 |
|---|---|---|---|---|---|---|
| Fairassets Technologies India Private Limited | ₹27.35 Cr (FY 2025) | •••• | •••• | -42.0% | •••• | Gurgaon, Haryana, India |
| Melker Finance and Leasing Private Limited | ₹27.35 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Chennai, Tamil Nadu, India |
| Sri Lakshmi Finvest Pvt Ltd | ₹27.34 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Kolkata, West Bengal, India |
| S K Mercantile Credit Pvt Ltd | ₹27.28 Cr (FY 2024) | •••• | •••• | 56.0% | •••• | Kolkata, West Bengal, India |
| Alberta Merchants Pvt. Ltd. | ₹27.25 Cr (FY 2025) | •••• | •••• | -20.0% | •••• | New Delhi, Delhi, India |
| Eduvanz Financing Private Limited this company | ₹27.21 Cr (FY 2025) | •••• | •••• | -57.0% | •••• | Vasai, Maharashtra, India |
| Pratibha Endeavor Private Limited | ₹27.14 Cr (FY 2025) | •••• | •••• | 415.0% | •••• | Nizar, Gujarat, India |
| Ansh Financial Services Private Limited | ₹27.11 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Delhi, India |
| R R Financial Consultants Ltd Listed | ₹27.03 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | New Delhi, Delhi, India |
| Mackertich Consultancy Services Pvt Ltd | ₹26.99 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Kolkata, West Bengal, India |
| Surya Commercial Limited | ₹26.97 Cr (FY 2025) | •••• | •••• | 81.0% | •••• | Kanpur, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Eduvanz Financing by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small 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 Eduvanz Financing Private Limited
Eduvanz Financing Private Limited is audited by GMJ & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GMJ & CO. | 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.
Board of Directors of Eduvanz Financing Private Limited
Eduvanz Financing has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varun Chopra | Director | 29 Aug 2016 | 10 Years 1 Months | Current |
| Honey Pamnani | Director | 30 Jun 2025 | 1 Years 3 Months | Current |
Ownership and Shareholding of Eduvanz Financing Private 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 Eduvanz Financing Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Apr 2024 | Others | ₹10 Cr | Open |
| 16 Feb 2024 | Others | ₹20 Cr | Open |
| 13 Feb 2024 | Others | ₹10 Cr | Open |
| 29 Jan 2024 | Others | ₹10 Cr | Open |
| 23 Jun 2023 | Others | ₹20 Cr | Open |
Total charge records: 84 View all charges
Deals & Funding of Eduvanz Financing Private Limited
Eduvanz Financing Private Limited has 15 deals on record (6 funding rounds, 4 secondary share transfers, 3 rights issues), with disclosed funding of ₹318.56 Cr; the latest was in February 2025.
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2023 | Debt financing | ₹15 Cr | Investors: Northern ARC Investments |
| Oct 2023 | Secondary share transfer | Undisclosed | Seller: an individual |
| Dec 2018 | Funding round · Seed | ₹6 Cr | Investors: Unitus Ventures |
| Oct 2018 | Debt financing | ₹50 Lakh | Investors: BLinC Invest, 3 individuals |
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: BLinC Invest, an individual |
Full deal history
All 15 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 Eduvanz Financing Private Limited
Eduvanz Financing Private Limited has 11 court cases on record: 8 filed by Eduvanz Financing, 3 filed against it. 7 cases are pending and 4 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 2 | 5 |
| High courts | 3 | 1 | 2 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CRR) | Filed by the company against Intoten Innovations Private Limited | Pending |
| Bombay High Court | Commercial suit | Filed by the company against Intoten Innovations Private Limited | Pending |
| District court, Thane, Maharashtra | Court case (Other Misc.Cri.Appln) | Filed against the company by an individual | Pending |
| District court, Faridabad, Haryana | Civil suit | Filed against the company by an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against an individual | Pending |
Full case history
All 11 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.
MSME Payment Delays by Eduvanz Financing Private Limited
Eduvanz Financing Private Limited has 13 MSME Form 1 returns on record between 2019 and 2023, listing 242 overdue payments to 40 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 40)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Equilibrio Advisory LLP | •••• | •••• | •••• |
| All Check Services LLP | •••• | •••• | •••• |
| Quomatic Solutions Private Limited | •••• | •••• | •••• |
| Magiclane App Services Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 13 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Eduvanz Financing Private Limited
Eduvanz Financing operates one associated brand: Eduvanz. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Financial assistance is provided for education, career, and skills development. | eduvanz.com |
Employees and EPFO Compliance at Eduvanz Financing Private Limited
Eduvanz Financing Private Limited has a workforce of 284 employees as of Apr 09, 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 Eduvanz Financing Private Limited
Eduvanz Financing 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 |
|---|---|---|
| Eduvanz Credit Finance Private Limited | U65929MH2022PTC376536 | Locked |
| Eduvanz Payments Private Limited | U74999MH2022PTC376535 | Locked |
| Educred Technology Private Limited | U93090MH2020PTC347290 | Locked |
Showing major subsidiaries. Total: 3.
Recent Activity on Eduvanz Financing Private Limited
Eduvanz Financing Private Limited has 6 board changes on record since 2016: 4 appointments and 2 cessations. The latest: Raheel Chetan Shah ceased to be Director on 01 Jul 2025.
161 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Eduvanz Financing Private 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.
Subsidiaries & Group Companies of Eduvanz Financing Private 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 Eduvanz Financing Private Limited
Eduvanz Financing has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECE3790Q1ZY | Maharashtra | Active | 21 Sep 2017 |
| 07AAECE3790Q1Z0 | Delhi | Active | 27 Nov 2022 |
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 Eduvanz Financing Private 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.
Frequently Asked Questions about Eduvanz Financing Private Limited
Eduvanz Financing is an active private limited company based in Vasai, Maharashtra, India. The company works in nbfc, within the financial services industry. It was incorporated on 29 August 2016 (10+ years old) and is registered under CIN U65999MH2016PTC285244.
Eduvanz Financing reported revenue of ₹27.21 Cr for FY 2025 (down 57% YoY).
Eduvanz Financing has 2 current directors:
- Varun Chopra - Director
- Honey Pamnani - Director
Eduvanz Financing reported a net loss of ₹57.07 Cr (net margin -209.8%) and EBITDA of -₹41.49 Cr (EBITDA margin -152.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Eduvanz Financing is -3% over three years and 42% over five years. In the latest year (FY 2025) revenue fell 57%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Eduvanz Financing is 27AAECE3790Q1ZY, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 07AAECE3790Q1Z0 (Delhi).
The CIN (Corporate Identification Number) of Eduvanz Financing is U65999MH2016PTC285244. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Eduvanz Financing has 11 court cases on record: 8 filed by the company and 3 filed against it. 7 are pending. Most are in the district courts.
Eduvanz Financing was incorporated on 29 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Eduvanz Financing has 15 deals on record (6 funding rounds, 4 secondary share transfers, 3 rights issues), with disclosed funding of ₹318.56 Cr; the latest was in February 2025.
The peers of Eduvanz Financing by revenue are Fairassets Technologies India Private Limited, Melker Finance and Leasing Private Limited, Sri Lakshmi Finvest Pvt Ltd, S K Mercantile Credit Pvt Ltd, Alberta Merchants Pvt. Ltd. and 5 more, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC).
Raheel Chetan Shah ceased to be Director on 01 Jul 2025. Honey Pamnani was appointed as Director on 30 Jun 2025. Amit Arvind Ratanpal ceased to be Director on 12 Aug 2020. Eduvanz Financing has 6 board changes on record in total.