Heeraa Financial Services Limited
About Heeraa Financial Services Limited
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Heeraa Financial Services Limited is a public limited company based in Chennai, Tamil Nadu, India. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 24 April 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U71309TN1995PLC031035. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.19 Cr. It is led by directors including Praveen Chand Nahar (Whole-Time Director) and Mehulmehta.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.20 General Muthia Mudalistreet Sowcarpet Chennai 600 079, Tamil Nadu, India – 600079.
As per the financials filed for FY 2024, the company reported a revenue of ₹21.5 Lakh, a growth of 56% compared to the previous year. For the same year it recorded a net profit of ₹10.3 Lakh (net margin 47.9%) and EBITDA of ₹11.94 Lakh (EBITDA margin 55.5%). Revenue has grown at a compounded annual rate (CAGR) of 79% over three years and 45% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Heeraa Financial Services has one previous CIN (Corporate Identification Number): L71309TN1995PLC031035. The current CIN is U71309TN1995PLC031035, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U71309TN1995PLC031035 | Current |
| L71309TN1995PLC031035 | Previous |
Contact details
Heeraa Financial Services Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.20 General Muthia Mudalistreet Sowcarpet Chennai 600 079, Tamil Nadu, India – 600079
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
To see the full contact details of Heeraa Financial Services 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 Heeraa Financial Services is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Heeraa Financial Services Limited, buy the company report.
Financials of Heeraa Financial Services Limited
FY 2025 filings availableHeeraa Financial Services Limited reported revenue of ₹21.5 Lakh (up 56% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 45% over five years, including 56% growth in the latest year. EBITDA rose 27% 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 | ₹11.94 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹10.3 Lakh | ||||
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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 | 55.5% | ||||
| Net Profit Margin | 47.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Heeraa Financial Services Limited, buy the company report.
Board of directors of Heeraa Financial Services Limited
Heeraa Financial Services has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mehulmehta | Director | 14 Jun 2018 | 8 Years 4 Months | Current |
| Praveen Chand Nahar Also directs: Worthwell Ventures LLP, Shubham Shelters Private Limited, Anjaneya Properties Private Limited and 1 more | Whole-Time Director | 20 Mar 2002 | 24 Years 7 Months | Current |
| Nidhi Nahar | Director | 12 Nov 2011 | 14 Years 11 Months | Current |
Peer comparison
Heeraa Financial Services Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), 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 |
|---|---|---|---|---|---|---|
| Yoke Commercial Pvt Ltd | ₹21.62 Lakh (FY 2025) | -44.0% | Kolkata, West Bengal, India | |||
| Data Soft Holdings Pvt Ltd | ₹21.52 Lakh (FY 2025) | -4.0% | Kolkata, West Bengal, India | |||
| Maxxon Trading & Finvest Pvt Ltd | ₹21.52 Lakh (FY 2025) | 370.0% | Kolkata, West Bengal, India | |||
| Heeraa Financial Services Limitedthis company | ₹21.5 Lakh (FY 2024) | ₹10.3 Lakh | 47.9% | 56.0% | Chennai, Tamil Nadu, India | |
| Nirmal Panwar Finance Private Limited | ₹21.48 Lakh (FY 2025) | 19.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Heeraa Financial Services Limited, buy the company report.
Auditor
Heeraa Financial Services Limited is audited by S KISHORE KUMAR & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S KISHORE KUMAR & CO | FY 2017 | 006092S |
Shareholding
The shareholding of Heeraa Financial Services Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Heeraa Financial Services Limited, buy the company report.
Legal cases
No court or tribunal cases involving Heeraa Financial Services Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Heeraa Financial Services Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Heeraa Financial Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Heeraa Financial Services Limited, buy the company report.
Recent activity
Heeraa Financial Services Limited has 10 board changes on record since 2002: 3 appointments and 7 cessations. The latest: Mehulmehta ceased to be Director Appointed In Casual Vacancy on 29 Sep 2018.
1 earlier event is in the company report.
Frequently asked questions
Heeraa Financial Services is an active public limited company based in Chennai, Tamil Nadu, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 24 April 1995 (31+ years old) and is registered under CIN U71309TN1995PLC031035.
Heeraa Financial Services has 3 current directors:
- Praveen Chand Nahar - Whole-Time Director
- Mehulmehta - Director
- Nidhi Nahar - Director
The latest financial statements of Heeraa Financial Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Heeraa Financial Services has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Heeraa Financial Services is U71309TN1995PLC031035. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Heeraa Financial Services was incorporated on 24 April 1995, making it 31+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Heeraa Financial Services by revenue are Yoke Commercial Pvt Ltd, Data Soft Holdings Pvt Ltd, Maxxon Trading & Finvest Pvt Ltd, Nirmal Panwar Finance Private Limited, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Mehulmehta ceased to be Director Appointed In Casual Vacancy on 29 Sep 2018. Goutam Chand Nahar ceased to be Director on 14 Jun 2018. Mehulmehta was appointed as Director on 14 Jun 2018. Heeraa Financial Services has 10 board changes on record in total.
The registered office of Heeraa Financial Services is at No.20 General Muthia Mudalistreet Sowcarpet Chennai 600 079, Tamil Nadu, India – 600079.
Heeraa Financial Services operates in the financial services industry, in the investment and credit nbfc segment.
The compliance status of Heeraa Financial Services is compliant as of 24 July 2026. The company is actively filing with the Registrar of Companies.
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