Finserve Shared Services Private Limited
About Finserve Shared Services Private Limited
Data last updated:
Finserve Shared Services Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 26 September 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74140DL2011PTC225477. Its GSTIN is 07AAFCR4772G1Z7 (Delhi). The company holds 6 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹101.05 Cr and a paid-up capital of ₹100.05 Cr. It was formerly known as Religare Corporate Services Limited and Finserve Shared Services Limited. It is led by directors including Pankaj Sachdeva and Shivinder Mohan Singh.
Its last annual general meeting (AGM) was held on 02 November 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at G – 16 Marina Arcade Connaught Circus, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2020, the company reported a revenue of ₹3 Lakh, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹130.77 Cr and EBITDA of -₹1.64 Cr. Revenue has declined at a compounded annual rate (CAGR) of 92% over three years and 80% over five years.
As per MCA filings, the company has open charges of ₹490 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered AddressG – 16 Marina Arcade Connaught Circus, New Delhi, Delhi, India – 110001
- IndustryFinancial Services, Diversified Financial Services
- 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 Finserve Shared Services Private Limited
The main business activity of Finserve Shared Services is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | 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 Finserve Shared Services Private Limited FY 2020 filings available
Finserve Shared Services Private Limited reported revenue of ₹3 Lakh (down 98% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Finserve Shared Services Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 80% over five years, including a 98% fall in the latest year. EBITDA rose 57% 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 Finserve Shared Services Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| 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 | -₹1.64 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹130.77 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 Finserve Shared Services Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Finserve Shared Services are in the company report.
Financial statements from 2015
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 Finserve Shared Services Private Limited
Finserve Shared Services Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Other Financial Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Finserve Shared Services Private Limited this company | ₹3 Lakh (FY 2020) | •••• | •••• | -98.0% | •••• | New Delhi, Delhi, India |
| Eduintellect Platform Private Limited | ₹3 Lakh (FY 2025) | •••• | •••• | 2900.0% | •••• | Kolkata, West Bengal, India |
| Tirupati Management and Investment Services Private Limited | ₹3 Lakh (FY 2016) | •••• | •••• | -79.0% | •••• | Mumbai, Maharashtra, India |
| Diamond Collections Private Limited | ₹3 Lakh (FY 2024) | •••• | •••• | -12.0% | •••• | New Delhi, Delhi, India |
| Hexagon Vyapaar Private Limited | ₹3 Lakh (FY 2022) | •••• | •••• | •••• | Grant Road Mumbai, Maharashtra, India | |
| P G Jadhav Investments Pvt Ltd | ₹3 Lakh (FY 2024) | •••• | •••• | •••• | Kolhapur, Maharashtra, India | |
| Prayanam Chits Private Limited | ₹3 Lakh (FY 2019) | •••• | •••• | -23.0% | •••• | Aluva, Kerala, India |
| Caspack Finvest (India) Private Limited | ₹3 Lakh (FY 2024) | •••• | •••• | •••• | Nagpur, Maharashtra, India | |
| Equitydebt Consultancies Private Limited | ₹3 Lakh (FY 2025) | •••• | •••• | 1687.0% | •••• | New Delhi, Delhi, India |
| GCS Diligence Services Private Limited | ₹3 Lakh (FY 2025) | •••• | •••• | 71.0% | •••• | New Delhi, Delhi, India |
| Panorama Advisors Private Limited | ₹3 Lakh (FY 2025) | •••• | •••• | -44.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Finserve Shared Services by revenue in the BFSI industry (Other Financial Services), 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 Finserve Shared Services Private Limited
Finserve Shared Services Private Limited is audited by VIKAS ARORA & COMPANY for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VIKAS ARORA & COMPANY | 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 Finserve Shared Services Private Limited
Finserve Shared Services has 4 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaj Sachdeva | Additional Director | 11 Mar 2022 | 4 Years 7 Months | Current |
| Shivinder Mohan Singh | Additional Director | 02 Apr 2018 | 8 Years 6 Months | Current |
| Malvinder Mohan Singh Also directs: Oscar Investments Limited, RHC Holding Private Limited, Shimal Healthcare Private Limited and 4 more | Additional Director | 02 Apr 2018 | 8 Years 6 Months | Current |
| Rajender Kumar Also directs: White Feather Estates Private Limited, Green Grass Estates Private Limited, RHC Finance Private Limited and 5 more | Additional Director | 23 May 2019 | 7 Years 4 Months | Current |
Ownership and Shareholding of Finserve Shared Services 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 Finserve Shared Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Oct 2015 | Idbi Trusteeship Services Limited | ₹250 Cr | Open |
| 23 Dec 2013 | Indusind Bank Ltd. | ₹240 Cr | Open |
Total charge records: 2 View all charges
Legal Cases of Finserve Shared Services Private Limited
Finserve Shared Services Private Limited has 1 court case on record: 1 filed by Finserve Shared Services. All case is disposed. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Writ petition | Filed by the company against Income Tax Officer | Disposed |
Full case history
All 1 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.
Employees and EPFO Compliance at Finserve Shared Services Private Limited
Employment history and EPFO contributions of people linked to Finserve Shared Services.
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.
Name History of Finserve Shared Services Private Limited
Finserve Shared Services has undergone 2 name changes throughout its history. The company was previously known as Religare Corporate Services Limited, and Finserve Shared Services Limited. The current legal name is Finserve Shared Services Private Limited.
| Company Name | Status |
|---|---|
| Finserve Shared Services Private Limited | Current |
| Religare Corporate Services Limited | Previous |
| Finserve Shared Services Limited | Previous |
CIN History of Finserve Shared Services Private Limited
Finserve Shared Services has one previous CIN (Corporate Identification Number): U74140DL2011PLC225477. The current CIN is U74140DL2011PTC225477, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74140DL2011PTC225477 | Current |
| U74140DL2011PLC225477 | Previous |
Recent Activity on Finserve Shared Services Private Limited
Finserve Shared Services Private Limited has 13 board changes on record since 2013: 4 appointments and 9 cessations. The latest: Manish Kumar ceased to be Additional Director on 11 Mar 2022.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Finserve Shared Services 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.
MSME Payment Delays by Finserve Shared Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Finserve Shared Services 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 Finserve Shared Services Private Limited
Finserve Shared Services has 6 GST registrations: 1 active and 5 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAFCR4772G1Z7 | Delhi | Active | 01 Jul 2017 |
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 Finserve Shared Services 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 Finserve Shared Services Private Limited
Finserve Shared Services is an active private limited company based in New Delhi, Delhi, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 26 September 2011 (15+ years old) and is registered under CIN U74140DL2011PTC225477.
Finserve Shared Services reported revenue of ₹3 Lakh for FY 2020 (down 98% YoY).
Finserve Shared Services has 4 current directors:
- Pankaj Sachdeva - Additional Director
- Shivinder Mohan Singh - Additional Director
- Malvinder Mohan Singh - Additional Director
- Rajender Kumar - Additional Director
Finserve Shared Services reported a net loss of ₹130.77 Cr and EBITDA of -₹1.64 Cr for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Finserve Shared Services is -92% over three years and -80% over five years. In the latest year (FY 2020) revenue fell 98%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Finserve Shared Services is 07AAFCR4772G1Z7, registered in Delhi. The company has 6 GST registrations in all, of which 1 is active and 5 are cancelled or inactive.
The CIN (Corporate Identification Number) of Finserve Shared Services is U74140DL2011PTC225477. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Finserve Shared Services has 1 court case on record: 1 filed by the company.
Finserve Shared Services was incorporated on 26 September 2011, making it 15+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Finserve Shared Services by revenue are Eduintellect Platform Private Limited, Tirupati Management and Investment Services Private Limited, Diamond Collections Private Limited, Hexagon Vyapaar Private Limited, P G Jadhav Investments Pvt Ltd and 5 more, all in the BFSI industry (Other Financial Services).
Manish Kumar ceased to be Additional Director on 11 Mar 2022. Pankaj Sachdeva was appointed as Additional Director on 11 Mar 2022. Sanjeev Kumar Singhal ceased to be Director on 01 Jan 2021. Finserve Shared Services has 13 board changes on record in total.