Harness Financial Services Private Limited - Company Profile

It is a financial services private limited company based in Mumbai, Maharashtra, India, established in 2007.
2007 Mumbai, Maharashtra, India Amalgamated
Last Updated:
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About Harness Financial Services Private Limited

Harness Financial Services Private Limited, a amalgamated private limited company, was established on 02 April 2007 in Mumbai, Maharashtra, India. Engaging in diversified financial services within the financial and insurance service sector, it holds CIN: U65990MH2007PTC169516. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹3.65 M.

It upholds a compliant status. Its leadership includes Ashok Kumar Khandelwal (Director), Pramod Mahadevlal Jain (Director). Past directors included Bhanwarlal Munnalal Rathi, Pramod Mahadevlal Jain, Nirajkumar Thadeshwar. Its latest AGM occurred on 30 November 2021, with the balance sheet filed on 31 March 2021. It is based at Room No. 1, Shree Ram Laxmi Niwas Chs Near Anthony Bakery, Kolbad, Thane West, Mumbai, Maharashtra, 400601.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U65990MH2007PTC169516

  • Registration Number

    169516

  • Incorporation Date

    02 April 2007

  • Authorized Capital

    ₹5.00 M

  • Paid-Up Capital

    ₹3.65 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Amalgamated

Key Metrics
  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.65 M
  • Company Age 18 Year, 10 Months
  • Last Filing with ROC 31 Mar 2021
  • Revenue Growth **** 299.84%
  • Profit Growth **** 11.76%
  • Ebitda **** 53.19%
  • Net Worth -106.87%
  • Total Assets -24.41%
Company report

Harness Financial Services Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Harness Financial Services Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Harness Financial Services Private Limited?
Current Directors
Name Designation Appointment Date Status
Ashok Kumar Khandelwal Director 01 Nov 2010 Current
Pramod Mahadevlal Jain Director 09 Oct 2020 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 09 Oct 2020 Past
Pramod Abcsdd Additional Director 28 Dec 2020 Past
Pramod Abcsdd Director 13 Jan 2009 Past
Pramod Abcsdd Director 31 Mar 2018 Past
Pramod Abcsdd Director 13 Jan 2009 Past
Pramod Abcsdd Director 24 Jun 2011 Past

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Financial Performance of Harness Financial Services.

Harness Financial Services Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 299.84% increase. The company also saw a substantial improvement in profitability, with a 11.76% increase in profit. The company's net worth observed a substantial decline by a decrease of 106.87%.

Harness Financial Services revenue growth over time
Harness Financial Services profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 299.84%
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*******
*******
Revenue from Operations
*******
 -91.28%
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*******
*******
*******
Total Assets
*******
 -24.41%
*******
*******
*******
*******
Profit or Loss
*******
 11.76%
*******
*******
*******
*******
Net Worth
*******
 -106.87%
*******
*******
*******
*******
EBITDA
*******
 53.19%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Harness Financial Services?

In 2019, Harness Financial Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Harness Financial Services?

Unlock and access historical data on people associated with Harness Financial Services, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Harness Financial Services, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Harness Financial Services's trajectory.

Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Harness Financial Services
Recent Activity within the Organization
  • Annual General Meeting

    The activity Harness Financial Services Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Harness Financial Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Mumbai. was completed.

  • Director Appointment

    Progress on Pramod Mahadevlal Jain was appointed as a Director was appointed as a Director on 09 Oct 2020 & has been associated with this company since 5 years 4 months . was documented.

  • Director Appointment

    Ashok Kumar Khandelwal was appointed as a Director was appointed as a Director on 01 Nov 2010 & has been associated with this company since 15 years 3 months . was recorded as a recent event.

  • Company Incorporation

    Progress on Harness Financial Services Private Limited was registered on 02 Apr 2007 with Roc Mumbai & aged 18 years 10 months as per MCA records. was documented.

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Frequently Asked Questions
What is the CIN of Harness Financial Services Private Limited?

The CIN of Harness Financial Services Private Limited is U65990MH2007PTC169516.

Where is Harness Financial Services Private Limited headquartered?

Harness Financial Services Private Limited is headquartered at Room No. 1, Shree Ram Laxmi Niwas Chs Near Anthony Bakery, Kolbad, Thane West, Mumbai, Maharashtra, 400601.

When was Harness Financial Services Private Limited incorporated?

Harness Financial Services Private Limited was incorporated on 02 April 2007.

Who are the current directors of Harness Financial Services Private Limited?

The current directors of Harness Financial Services Private Limited are

What is the primary industry of Harness Financial Services Private Limited?

The primary industry of Harness Financial Services Private Limited is Financial And Insurance Service.

Is Harness Financial Services Private Limited a listed company?

Harness Financial Services Private Limited is unlisted.

What is the capital structure of Harness Financial Services Private Limited?

The authorized capital of Harness Financial Services Private Limited is ₹5.00 M, and the paid-up capital is ₹3.65 M.

What is the compliance status of Harness Financial Services Private Limited?

The compliance status of Harness Financial Services Private Limited is Compliant.

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