- #1,482 Pranabh Mody & family ₹1,400 Cr

Eragon Ventures Limited
About Eragon Ventures Limited
Data last updated:
Eragon Ventures Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 02 December 1977 and has been in existence for over 49 years.
Its director Pranabh Mody and family are #1,482 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67100MH1977PLC020005. Its GSTIN is 27AAACI1257J1ZM (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹5.63 Lakh. It was formerly known as Ifiunik Pharmaceuticals Limited. It is led by directors including Sharan Uday Asher (Whole-Time Director) and Pranabh Dinesh Mody.
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 804 Floor – 8 Plot – 3/301 4/401 Lodha Supremus Dr E Moses Road Worli Nakka Worli, Mumbai, Maharashtra, India – 400018.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.23 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹1.41 Cr (net margin 17.1%) and EBITDA of ₹2.32 Cr (EBITDA margin 28.2%). Revenue has grown at a compounded annual rate (CAGR) of 233% over three years and 133% over five years.
Court records list 7 cases involving the company, including 6 filed by the company and 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Eragon Ventures has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U67100MH1977PLC020005, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67100MH1977PLC020005 | Current |
| U24239MH1977PLC020005 | Previous |
| U24239MH1977PTC020005 | Previous |
Recognitions & Rankings of Eragon Ventures
Contact details
Eragon Ventures Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address804 Floor – 8 Plot – 3/301 4/401 Lodha Supremus Dr E Moses Road Worli Nakka Worli, Mumbai, Maharashtra, India – 400018
- IndustryFinancial Services, NBFC
To see the full contact details of Eragon Ventures 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
Financials of Eragon Ventures Limited
FY 2024 filings availableEragon Ventures Limited reported revenue of ₹8.23 Cr (up 7% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 133% over five years, including 7% growth in the latest year. EBITDA rose 418% 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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| EBITDA | ₹2.32 Cr | ||||
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| Net Profit (PAT) | ₹1.41 Cr | ||||
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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 | 28.2% | ||||
| Net Profit Margin | 17.1% | ||||
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To see the full financial statements and ratios of Eragon Ventures Limited, buy the company report.
Board of directors of Eragon Ventures Limited
Eragon Ventures has 5 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sharan Uday Asher Also directs: Synit Drugs Pvt Ltd | Whole-Time Director | 23 Dec 2020 | 5 Years 10 Months | Current |
| Pranabh Dinesh Mody | Director | 31 Oct 1987 | 38 Years 11 Months | Current |
| Jinali Pranabh Mody Also directs: Jinali Enterprises LLP, Atma Innovation Private Limited, SJPM Enterprise Private Limited and 1 more | Director | 19 Mar 2025 | 1 Years 7 Months | Current |
| Sejal Pranabh Mody | Director | 16 Aug 2021 | 5 Years 2 Months | Current |
| Purvi Uday Asher Also directs: Dinesh Mody Ventures LLP, Kumud Mody Ventures LLP, D.B. Mody Enterprises LLP and 3 more | Director | 23 Dec 2020 | 5 Years 10 Months | Current |
Peer comparison
Eragon Ventures Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Other Financial Services), 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 |
|---|---|---|---|---|---|---|
| Dexler Holdings Private Limited | ₹8.24 Cr (FY 2024) | 50.0% | Bangalore, Karnataka, India | |||
| Comtrade Commodities Services Limited | ₹8.24 Cr (FY 2018) | 43.0% | Ahmedabad, Gujarat, India | |||
| Eragon Ventures Limitedthis company | ₹8.23 Cr (FY 2024) | ₹1.41 Cr | 17.1% | 7.0% | Mumbai, Maharashtra, India | |
| Sowraj Investments Private Limited | ₹8.21 Cr (FY 2025) | -97.0% | Chennai, Tamil Nadu, India | |||
| Nsic Venture Capital Fund Limited | ₹8.21 Cr (FY 2025) | 13.0% | Delhi, India |
To see the full peer comparison of Eragon Ventures Limited, buy the company report.
Auditor
Eragon Ventures Limited is audited by J. K. Shah & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J. K. Shah & Co. | FY 2023 | 109606W |
Shareholding
The shareholding of Eragon Ventures 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 Eragon Ventures Limited, buy the company report.
Legal cases
Eragon Ventures Limited has 7 court cases on record: 6 filed by Eragon Ventures, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 3 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Appeal | Filed against the company by Ifiunik Pharmaceuticals Ltd. | Disposed |
| Bombay High Court | Company petition | Filed against the company by Ifiunik Pharmaceuticals Ltd | Disposed |
| Bombay High Court | Company petition | Filed against the company by J.B. Chemicals and Pharmaceuticals Ltd | Disposed |
| Bombay High Court | Appeal | Filed by the company against Ifiunik Pharmaceuticals Ltd.Unique Pharmacuticalslab.Ltd.And J.B.Chem.Andphar. and 1 other | Disposed |
| Bombay High Court | Company petition | Filed by the company against Ifiunik Pharmaceuticals Ltd.Unique Pharma Ltd. and J.B.Chem.And Pharma Ltd. and 1 other | Disposed |
To see the full case history of Eragon Ventures 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 Eragon Ventures Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Eragon Ventures has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
Eragon Ventures has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACI1257J1ZM | Maharashtra | Active | 17 Dec 2021 |
To see the full GST registrations and return filing status of Eragon Ventures Limited, buy the company report.
Recent activity
Eragon Ventures Limited has 19 board changes on record since 1987: 5 appointments and 14 cessations. The latest: Jinali Pranabh Mody ceased to be Additional Director on 29 Sep 2025.
10 earlier events are in the company report.
Frequently asked questions
Eragon Ventures is an active public limited company based in Mumbai, Maharashtra, India. The company works in nbfc, within the financial services industry. It was incorporated on 02 December 1977 (49+ years old) and is registered under CIN U67100MH1977PLC020005.
Eragon Ventures has 5 current directors:
- Sharan Uday Asher - Whole-Time Director
- Pranabh Dinesh Mody - Director
- Jinali Pranabh Mody - Director
- Sejal Pranabh Mody - Director
- Purvi Uday Asher - Director
The latest financial statements of Eragon Ventures 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 Eragon Ventures is 27AAACI1257J1ZM, registered in Maharashtra.
The CIN (Corporate Identification Number) of Eragon Ventures is U67100MH1977PLC020005. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Eragon Ventures has 7 court cases on record: 6 filed by the company and 3 filed against it. Most are in the high courts.
Eragon Ventures was incorporated on 02 December 1977, making it 49+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Eragon Ventures by revenue are Dexler Holdings Private Limited, Comtrade Commodities Services Limited, Sowraj Investments Private Limited, Nsic Venture Capital Fund Limited, all in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities).
Jinali Pranabh Mody ceased to be Additional Director on 29 Sep 2025. Jinali Pranabh Mody was appointed as Director on 19 Mar 2025. Sharan Uday Asher ceased to be Director on 01 Jan 2022. Eragon Ventures has 19 board changes on record in total.
The registered office of Eragon Ventures is at 804 Floor – 8 Plot – 3301 4401 Lodha Supremus Dr E Moses Road Worli Nakka Worli, Mumbai, Maharashtra, India – 400018.
Eragon Ventures operates in the financial services industry, in the nbfc segment.