Thar Commercial Finance Private Limited - Company Profile

It is a financial services private limited company based in Mumbai, Maharashtra, India, established in 2008.
2008 Mumbai, Maharashtra, India Active
Last Updated:
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About Thar Commercial Finance Private Limited

Thar Commercial Finance Private Limited, a active private limited company, was established on 25 July 2008 in Mumbai, Maharashtra, India. Engaging in nbfc within the financial and insurance service sector, it holds CIN: U65999MH2008PTC185082. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹50.00 Cr and a paid-up capital of ₹49.96 Cr.

Formerly known as India Advantage Finance Private Limited. It upholds a compliant status. Its leadership includes Vivek Jayesh Thar (Director), Chintan Hitendra Shah (Director), Yatin Ajitrai Mankad (Director). Past directors included Jayesh Ramniklal Thar, Janak Jayantilal Mehta, Chintan Hitendra Shah. It holds ₹30.00 Cr open charges and ₹5.00 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 602, A- Wing 6Th Floor, Kaledonia Building Sahar Road, Near Railway Station, Andher, I (East), Mumbai, Maharashtra, 400069.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U65999MH2008PTC185082

  • Registration Number

    185082

  • Incorporation Date

    25 July 2008

  • Authorized Capital

    ₹50.00 Cr

  • Paid-Up Capital

    ₹49.96 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 49.96 Cr
  • Company Age 17 Year, 6 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 30.00 Cr
  • Satisfied Charges ₹ 5.00 Cr
  • Revenue Growth **** 10.32%
  • Profit Growth **** -5.82%
  • Ebitda **** 9.54%
  • Net Worth 4.65%
  • Total Assets **** 11.54%
Company report

Thar Commercial Finance Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Thar Commercial Finance 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 Thar Commercial Finance Private Limited?
Current Directors
Name Designation Appointment Date Status
Vivek Jayesh Thar Director 21 Feb 2015 Current
Chintan Hitendra Shah Director 21 Jan 2019 Current
Yatin Ajitrai Mankad Director 10 May 2021 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 21 Nov 2017 Past
Pramod Abcsdd Director 17 Jul 2015 Past
Pramod Abcsdd Additional Director 30 Sep 2019 Past
Pramod Abcsdd Director 17 Jul 2015 Past
Pramod Abcsdd Director 17 Jul 2015 Past
Pramod Abcsdd Company Secretary - Past

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Financial Performance of Thar Commercial Finance.

Thar Commercial Finance Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 10.32% increase. The company also saw a slight decrease in profitability, with a 5.82% decrease in profit. The company's net worth moved up by a moderate rise of 4.65%.

Thar Commercial Finance revenue growth over time
Thar Commercial Finance 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
********
 10.32%
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*******
*******
*******
Revenue from Operations
*******
 10.33%
*******
*******
*******
*******
Total Assets
*******
 11.54%
*******
*******
*******
*******
Profit or Loss
*******
 -5.82%
*******
*******
*******
*******
Net Worth
*******
 4.65%
*******
*******
*******
*******
EBITDA
*******
 9.54%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Thar Commercial Finance?

In 2023, Thar Commercial Finance 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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Charges (Loans)
Open Charges

₹300,000,000.00

Satisfied Charges

₹50,000,000.00

Charges Breakdown by Lending Institutions
  • State Bank Of India : 20.00 Cr
  • Others : 10.00 Cr
Latest Charge Details
Date Lender Amount Status
13 Mar 2024 Others ₹10.00 Cr Open
30 Aug 2022 State Bank Of India ₹20.00 Cr Open
28 Jun 2019 Others ₹5.00 Cr Satisfied

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How Many Employees Work at Thar Commercial Finance?

Unlock and access historical data on people associated with Thar Commercial Finance, 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 Thar Commercial Finance, 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 Thar Commercial Finance's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

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 Thar Commercial Finance
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Thar Commercial Finance Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Thar Commercial Finance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was completed.

  • Charges

    Progress on A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100893392 was registered on 13 Mar 2024. was documented.

  • Charges

    A charge registered on 28 Jun 2019 via Charge ID 100277022 with Others was fully satisfied on 01 Jun 2023. was recorded as a recent event.

  • Charges

    Progress on A charge with State Bank Of India amounted to Rs. 20.00 Cr with Charge ID 100608677 was registered on 30 Aug 2022. was documented.

  • Director Appointment

    The activity Yatin Ajitrai Mankad was appointed as a Director was appointed as a Director on 10 May 2021 & has been associated with this company since 4 years 9 months . was completed.

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Frequently Asked Questions
What is the CIN of Thar Commercial Finance Private Limited?

The CIN of Thar Commercial Finance Private Limited is U65999MH2008PTC185082.

Where is Thar Commercial Finance Private Limited headquartered?

Thar Commercial Finance Private Limited is headquartered at 602, A- Wing 6Th Floor, Kaledonia Building Sahar Road, Near Railway Station, Andher, I (East), Mumbai, Maharashtra, 400069.

When was Thar Commercial Finance Private Limited incorporated?

Thar Commercial Finance Private Limited was incorporated on 25 July 2008.

Who are the current directors of Thar Commercial Finance Private Limited?

The current directors of Thar Commercial Finance Private Limited are

What is the primary industry of Thar Commercial Finance Private Limited?

The primary industry of Thar Commercial Finance Private Limited is Financial And Insurance Service.

Is Thar Commercial Finance Private Limited a listed company?

Thar Commercial Finance Private Limited is unlisted.

What is the capital structure of Thar Commercial Finance Private Limited?

The authorized capital of Thar Commercial Finance Private Limited is ₹50.00 Cr, and the paid-up capital is ₹49.96 Cr.

What is the compliance status of Thar Commercial Finance Private Limited?

The compliance status of Thar Commercial Finance Private Limited is Compliant.

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