Eshan Financial Services Private Limited
About Eshan Financial Services Private Limited
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Eshan Financial Services Private Limited was a private limited company based in New Delhi, Delhi, India, operated as a subsidiary of Pneumatic Services Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the brokerage and trading services segment of the financial services sector. It was incorporated on 20 March 1995.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1995PTC066946.
The company had an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.24 Cr. It was led by directors including Rishabh Jain and Gyan Kumari Jain.
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 was at 11 Babar Lane Bengali Market, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2024, the company reported a revenue of ₹144.18 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹19.94 Cr (net margin 13.8%) and EBITDA of ₹25.84 Cr (EBITDA margin 17.9%). Revenue has grown at a compounded annual rate (CAGR) of 96% over three years and 98% over five years.
Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
Company details
Contact details
Eshan Financial Services Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address11 Babar Lane Bengali Market, New Delhi, Delhi, India – 110001
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Eshan Financial 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 Eshan Financial Services is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Eshan Financial Services Private Limited, buy the company report.
Financials of Eshan Financial Services Private Limited
FY 2024 filings availableEshan Financial Services Private Limited reported revenue of ₹144.18 Cr (up 306% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 98% over five years, including 306% growth 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 | ₹25.84 Cr | ||||
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| Net Profit (PAT) | ₹19.94 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 17.9% | ||||
| Net Profit Margin | 13.8% | ||||
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To see the full financial statements and ratios of Eshan Financial Services Private Limited, buy the company report.
Board of directors of Eshan Financial Services Private Limited
Eshan Financial Services has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rishabh Jain Also directs: Virat Services LLP, True Diamond Realtors LLP, Prabudh Securities and Advisory LLP and 5 more | Director | 30 Jun 2021 | 5 Years 4 Months | As last reported |
| Gyan Kumari Jain Also directs: Auram Fashions Private Limited. | Director | 15 May 2020 | 6 Years 5 Months | As last reported |
| Anoop Jain Also directs: Mauve Farms Private Limited, A.Jain and Company Pvt.Ltd., Soodan Informatics and Marketing Private Limited and 5 more | Director | 20 Jun 2001 | 25 Years 4 Months | As last reported |
| Vimal Chand Jain Also directs: Zillow Real Estate LLP, Mauve Farms Private Limited, A.Jain and Company Pvt.Ltd. and 3 more | Director | 20 Jun 2001 | 25 Years 4 Months | As last reported |
Peer comparison
Eshan Financial Services Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Broking Services), with the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dolat Capital Market Pvt Limited | ₹147.11 Cr (FY 2025) | 29.0% | Gandhinagar, Gujarat, India | |||
| Cardinal Mercantile Private Limited | ₹146.72 Cr (FY 2025) | 111.0% | Ahmedabad, Gujarat, India | |||
| Eshan Financial Services Private Limitedthis company | ₹144.18 Cr (FY 2024) | ₹19.94 Cr | 13.8% | 306.0% | New Delhi, Delhi, India | |
| Deep Financial Consultants Pvt Ltd | ₹142.86 Cr (FY 2025) | -16.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Eshan Financial Services Private Limited, buy the company report.
Auditor
Eshan Financial Services Private Limited is audited by S.P. AGARWAL & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.P. AGARWAL & CO. | FY 2022 | 085763 |
Shareholding
The shareholding of Eshan Financial Services Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Eshan Financial Services Private Limited, buy the company report.
Legal cases
Eshan Financial Services Private Limited has 2 court cases on record: 1 filed by Eshan Financial Services, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Civil suit | Filed against the company by State | Disposed |
| NCLT, Principal Bench | Court case (C.A.(CAA)) | Filed by the company against an individual | Disposed |
To see the full case history of Eshan Financial 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Eshan Financial Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Eshan Financial Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Eshan Financial Services Private Limited has 6 board changes on record since 2001: 4 appointments and 2 cessations. The latest: Rishabh Jain ceased to be Additional Director on 30 Nov 2021.
Frequently asked questions
Eshan Financial Services has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Eshan Financial Services was a private limited company based in New Delhi, Delhi, India. The company worked in brokerage and trading services, within the financial services industry. It was incorporated on 20 March 1995 and is registered under CIN U74899DL1995PTC066946. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Eshan Financial Services was incorporated on 20 March 1995. It is registered with the Registrar of Companies, Delhi.
Eshan Financial Services had 4 directors:
- Rishabh Jain - Director
- Gyan Kumari Jain - Director
- Anoop Jain - Director
- Vimal Chand Jain - Director
The CIN (Corporate Identification Number) of Eshan Financial Services is U74899DL1995PTC066946. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Eshan Financial Services is at 11 Babar Lane Bengali Market, New Delhi, Delhi, India – 110001.
The latest financial statements of Eshan Financial 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.
Eshan Financial Services operated in the financial services industry, in the brokerage and trading services segment.
The peers of Eshan Financial Services by revenue are Dolat Capital Market Pvt Limited, Cardinal Mercantile Private Limited, Deep Financial Consultants Pvt Ltd, all in the BFSI industry (Broking Services), with the same principal business activity (financial advisory, brokerage and consultancy services).
Eshan Financial Services has 2 court cases on record: 1 filed by the company and 1 filed against it. Most are in the district courts.
Rishabh Jain ceased to be Additional Director on 30 Nov 2021. Rishabh Jain was appointed as Director on 30 Jun 2021. Gyan Kumari Jain ceased to be Additional Director on 31 Dec 2020. Eshan Financial Services has 6 board changes on record in total.
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