Equentia SCF Technologies Private Limited

Equentia SCF Technologies Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U51100MH2017PTC292572 Incorporated 17 March 2017 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company financial services MSME
Data last updated
Revenue · FY 2025
₹497.34 Cr
▲ 7% YoY
Net loss · FY 2025
₹34.61 Cr
Net margin -7%
EBITDA · FY 2025
₹279.69 Cr
EBITDA margin 56.2%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹20.41 Lakh
Issued & subscribed
Open charges
₹1 Cr
Satisfied ₹11 Cr
Company age
9 yrs
Est. 2017
Employees · EPFO
181
Provident fund records

About Equentia SCF Technologies Private Limited

Data last updated:

Equentia SCF Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 17 March 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51100MH2017PTC292572. Its GSTIN is 27AAECE5709P1Z5 (Maharashtra). The company holds 6 GST registrations, of which 4 are active.

The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹20.41 Lakh. It is led by directors including Rajiv Ramnarayan and Nirav Shaunak Choksi.

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 Mumbai, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹497.34 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net loss of ₹34.61 Cr (net margin -7%) and EBITDA of ₹279.69 Cr (EBITDA margin 56.2%). Revenue has grown at a compounded annual rate (CAGR) of 199% over three years and 75% over five years.

The company has about 181 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.

The company is associated with 2 brands: CredAble and UpScale. As per MCA filings, the company has open charges of ₹1 Cr and satisfied charges of ₹11 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 16 deals on record (10 funding rounds, 5 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹369.86 Cr; the latest was in October 2025.

Equentia SCF Technologies Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-19-0000232). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website credable.in.

Company details

CIN U51100MH2017PTC292572
Registration Number 292572
Incorporation Date 17 March 2017
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-19-0000232

CIN history

Equentia SCF Technologies has one previous CIN (Corporate Identification Number): U72900MH2017PTC292572. The current CIN is U51100MH2017PTC292572, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U51100MH2017PTC292572Current
U72900MH2017PTC292572Previous
Key People
Rajiv Ramnarayan Director Nirav Shaunak Choksi Director Ram Prakash Kewalramani Director

Recognitions & Rankings of Equentia SCF Technologies

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-MH-19-0000232

Contact details

Equentia SCF Technologies Private Limited's registered office is in Mumbai, Maharashtra. Its website is credable.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    credable.in
  • Social Media
  • Registered Address
    5th Floor Satyam Tower, Off Govandi Station Road Deonar Govandi East, Mumbai, Maharashtra, India – 400088
  • Industry
    Financial Services, Diversified Financial Services

To see the full contact details of Equentia SCF Technologies Private Limited, buy the company report.

Comprehensive company report
Equentia SCF Technologies Private Limited - one report that includes everything
  • 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
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Brands

Equentia SCF Technologies operates two associated brands: CredAble and UpScale. Each brand links to its own profile.

BrandDescriptionWebsite
CredAble
Provider of working capital and supply chain finance solutions for businessescredable.in
UpScale
Cloud-based cash management solutions are offered to small businesses.upscale.cash

Business activity

The main business activity of Equentia SCF Technologies is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

To see the full business activity and turnover split of Equentia SCF Technologies Private Limited, buy the company report.

Financials of Equentia SCF Technologies Private Limited

FY 2024 filings available

Equentia SCF Technologies Private Limited reported revenue of ₹497.34 Cr (up 7% YoY) for FY 2025.

Revenue · FY 2025
₹497.34 Cr ▲ 7%
Net loss · FY 2025
₹34.61 Cr margin -7%
EBITDA · FY 2025
₹279.69 Cr margin 56.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 199%
5 years · compounded
▲ 75%
EBITDA CAGR growth
1 year
▼ 4%
3 years · compounded
▲ 254%
5 years · compounded
▲ 116%

Revenue has grown at a compounded annual rate (CAGR) of 75% over five years, including 7% growth in the latest year. EBITDA fell 4% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹279.69 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹34.61 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin56.2%
Net Profit Margin-7%
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

To see the full financial statements and ratios of Equentia SCF Technologies Private Limited, buy the company report.

Board of directors of Equentia SCF Technologies Private Limited

Equentia SCF Technologies has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rajiv Ramnarayan
Also directs: Samadan Global Trading Private Limited, Equentia Financial Service Private Limited, Equentia Renewables Private Limited and 5 more
Director07 Jul 20179 Years 4 MonthsCurrent
Nirav Shaunak Choksi
Also directs: Samadan Global Trading Private Limited, Equentia Trade Solutions Private Limited, Equentia Financial Service Private Limited and 5 more
Director17 Mar 20179 Years 7 MonthsCurrent
Ram Prakash Kewalramani
Also directs: Samadan Global Trading Private Limited, Equentia Trade Solutions Private Limited, Premier People Logistic Solutions Private Limited and 1 more
Director27 May 20179 Years 5 MonthsCurrent
Sandeep Somani
Also directs: Oaks Asset Management Private Limited
Director09 Apr 20188 Years 7 MonthsCurrent
View all directors

Auditor

Equentia SCF Technologies Private Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Deloitte Haskins & Sells LLPFY 2023117366W/W-100018

Shareholding

The shareholding of Equentia SCF Technologies 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Equentia SCF Technologies Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1 Cr
Satisfied charges
₹11 Cr
Breakdown by lending institutions
The Hongkong and Shanghai Banking Corporation Limited₹1.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
04 Jan 2025101037735The Hongkong and Shanghai Banking Corporation Limited₹50 LakhOpen
16 Nov 2022100643653The Hongkong and Shanghai Banking Corporation Limited₹50 LakhOpen
26 Jul 2022100596499The Hongkong and Shanghai Banking Corporation Limited₹4 CrSatisfied
27 Apr 2022100580070Others₹7 CrSatisfied

To see the full charge records of Equentia SCF Technologies Private Limited, buy the company report.

Total charge records: 4 View all charges

Deals & funding

Equentia SCF Technologies Private Limited has 16 deals on record (10 funding rounds, 5 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹369.86 Cr; the latest was in October 2025.

Total deals
16
Funding rounds
10
Secondary share transfers
5
Convertible or debt financing
1
Disclosed funding
₹369.86 Cr

Deals on record (5 of 16)

WhenDealAmountParties
Oct 2025Funding round₹60.1 LakhInvestors: 2 individuals
Oct 2021Funding round · Pre-Series A₹184.38 CrInvestors: Axis Bank Limited , Plutus Wealth Management, 2 individuals
Oct 2020Funding round · Bridge₹29.4 CrInvestors: V'Ocean Investments, Amin Holdings Private Limited , Amgele Family Trust, an individual
Jun 2018Funding round₹3.33 CrInvestors: Aarin Capital, KCT Financial & Management Services Private Limited , Amin Holdings Private Limited
Apr 2018Funding round · Seed₹22.62 CrInvestors: Others Equentia Scf Technologies Private Limited, V'Ocean Investments, Lumis Partners

To see the full deal history of Equentia SCF Technologies Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Equentia SCF Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Equentia SCF Technologies has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

2
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Equentia Trade Solutions Private LimitedU51909MH2022PTC390236
Equentia Financial Service Private LimitedU65990MH2017PTC301251

To see the full group structure of Equentia SCF Technologies Private Limited, buy the company report.

Employees & EPFO

Equentia SCF Technologies Private Limited has a workforce of 181 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
181
Active EPFO establishments
1
Employee growth
17.53%

GST

Equentia SCF Technologies has 6 GST registrations: 4 active and 2 cancelled or inactive.

Total GSTINs
6
Active
4
Cancelled / inactive
2
GSTINStateStatusRegistered on
27AAECE5709P1Z5MaharashtraActive21 Jul 2017
06AAECE5709P1Z9HaryanaActive22 Mar 2018
29AAECE5709P1Z1KarnatakaActive14 Jun 2018
09AAECE5709P1Z3Uttar PradeshActive29 May 2022

To see the full GST registrations and return filing status of Equentia SCF Technologies Private Limited, buy the company report.

Recent activity

Equentia SCF Technologies Private Limited has 7 board changes on record since 2017: 4 appointments and 3 cessations. The latest: Sandeep Somani was appointed as Director on 09 Apr 2018.

Charges
A charge registered on 26 Jul 2022 via Charge ID 100596499 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 28 Oct 2025.
Charges
A charge registered on 27 Apr 2022 via Charge ID 100580070 with Others was fully satisfied on 22 Sep 2025.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 50.00 Lakh with Charge ID 101037735 was registered on 04 Jan 2025.
AGM
Equentia Scf Technologies Private Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.
Filing
Equentia Scf Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 400.00 Lakh registered on 26 Jul 2022 with Charge ID 100596499 was modified on 28 Sep 2023.
Charges
A charge with Others of Rs. 700.00 Lakh registered on 27 Apr 2022 with Charge ID 100580070 was modified on 29 Mar 2023.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 50.00 Lakh with Charge ID 100643653 was registered on 16 Nov 2022.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 400.00 Lakh with Charge ID 100596499 was registered on 26 Jul 2022.
Charges
A charge with Others amounted to Rs. 700.00 Lakh with Charge ID 100580070 was registered on 27 Apr 2022.
Appointed
Sandeep Somani was appointed as Director.
Ceased
Rajiv Ramnarayan ceased to be Additional Director.

6 earlier events are in the company report.

News

Frequently asked questions

Equentia SCF Technologies 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 17 March 2017 (9+ years old) and is registered under CIN U51100MH2017PTC292572.

Equentia SCF Technologies has 4 current directors:

The latest financial statements of Equentia SCF Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 25 September 2024. Year-wise statements from FY 2017 are in the company report.

The GSTIN of Equentia SCF Technologies is 27AAECE5709P1Z5, registered in Maharashtra. The company has 6 GST registrations in all, of which 4 are active and 2 are cancelled or inactive. Other active GSTINs include 06AAECE5709P1Z9 (Haryana), 29AAECE5709P1Z1 (Karnataka), 09AAECE5709P1Z3 (Uttar Pradesh).

The CIN (Corporate Identification Number) of Equentia SCF Technologies is U51100MH2017PTC292572. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Equentia SCF Technologies has 1 court case on record: 1 filed against it.

Equentia SCF Technologies was incorporated on 17 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.

Equentia SCF Technologies has 16 deals on record (10 funding rounds, 5 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹369.86 Cr; the latest was in October 2025.

Sandeep Somani was appointed as Director on 09 Apr 2018. Rajiv Ramnarayan ceased to be Additional Director on 11 Dec 2017. Ram Prakash Kewalramani ceased to be Additional Director on 11 Dec 2017. Equentia SCF Technologies has 7 board changes on record in total.

Yes, Equentia SCF Technologies is registered as an MSME under Udyam registration (number: UDYAM-MH-19-0000232).