
Ihp Finvest Limited
About Ihp Finvest Limited
Data last updated:
Ihp Finvest Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Ratanchand Investment Private Limited. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 09 October 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65920MH1996PLC103184. Its GSTIN is 27AAACI5206P1ZD (Maharashtra).
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹56.98 Lakh. It was formerly known as Ihp Finvest Private Limited. It is led by directors including Jyoti Rajas Doshi and Rameshwar Deokisan Sarda.
Its last annual general meeting (AGM) was held on 05 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Construction House 2nd Floor Walchand Hirachand Marg, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,502.97 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹560.17 Cr (net margin 37.3%) and EBITDA of ₹740.08 Cr (EBITDA margin 49.2%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 2% over five years.
The company has about 4 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹188.1 Cr and satisfied charges of ₹54.56 Lakh on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Ihp Finvest has one previous CIN (Corporate Identification Number): L65920MH1996PLC103184. The current CIN is U65920MH1996PLC103184, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65920MH1996PLC103184 | Current |
| L65920MH1996PLC103184 | Previous |
Contact details
Ihp Finvest Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressConstruction House 2nd Floor Walchand Hirachand Marg, Mumbai, Maharashtra, India – 400001
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
To see the full contact details of Ihp Finvest 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 Ihp Finvest is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Ihp Finvest Limited, buy the company report.
Financials of Ihp Finvest Limited
FY 2025 filings availableIhp Finvest Limited reported revenue of ₹1,502.97 Cr (up 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 4% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA rose 315% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹740.08 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹560.17 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 49.2% | ||||
| Net Profit Margin | 37.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of Ihp Finvest Limited, buy the company report.
Board of directors of Ihp Finvest Limited
Ihp Finvest has 5 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jyoti Rajas Doshi Also directs: The Indian Hume Pipe Company Limited, Ratanchand Investment Private Limited, Walchand Hirachand Foundation and 2 more | Director | 09 Oct 1996 | 30 Years 0 Months | Current |
| Rameshwar Deokisan Sarda | Director | 26 Mar 2008 | 18 Years 7 Months | Current |
| Rajas Ratanchand Doshi Also directs: The Indian Hume Pipe Company Limited, Modern India Limited, Ratanchand Investment Private Limited and 4 more | Director | 09 Oct 1996 | 30 Years 0 Months | Current |
| Mayur Rajas Doshi Also directs: The Indian Hume Pipe Company Limited, Ratanchand Investment Private Limited, Walchand Hirachand Foundation and 2 more | Director | 26 Mar 2008 | 18 Years 7 Months | Current |
| Rajashekar Pudu Bhat | Director | 24 May 2011 | 15 Years 5 Months | Current |
Peer comparison
Ihp Finvest Limited is compared with the 3 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 (activities auxiliary to financial service and insurance activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hirak Leasingand Investment Pvt Ltd | ₹1,566.78 Cr (FY 2022) | 40.0% | Mumbai, Maharashtra, India | |||
| Ihp Finvest Limitedthis company | ₹1,502.97 Cr (FY 2025) | ₹560.17 Cr | 37.3% | 4.0% | 4 | Mumbai, Maharashtra, India |
| Kisetsu Saison Finance (India) Private Limited | ₹1,442.82 Cr (FY 2024) | 139.0% | Bengaluru, Karnataka, India | |||
| Ugro Capital Limited | ₹1,441.85 Cr (FY 2025) | 33.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Ihp Finvest Limited, buy the company report.
Auditor
Ihp Finvest Limited is audited by K.S.Aiyar & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.S.Aiyar & Co. | FY 2023 | 100186W |
Shareholding
The shareholding of Ihp Finvest Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ihp Finvest Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Apr 2025 | 101093719 | Hdfc Bank Limited | ₹60 Lakh | Open | |
| 08 Dec 2021 | 100517021 | Sbicap Trustee Company Limited | ₹187.5 Cr | Open | |
| 07 Sep 2017 | 100125023 | Hdfc Bank Limited | ₹54.56 Lakh | Satisfied |
To see the full charge records of Ihp Finvest Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Ihp Finvest Limited has 3 court cases on record: 1 filed by Ihp Finvest, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 2 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Tax appeal | Filed against the company by Commissioner of Income Tax-2 | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by The Commissioner of Income Tax -2 | Disposed |
| Bombay High Court | Appeal | Filed by the company against an individual | Disposed |
To see the full case history of Ihp Finvest 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 Ihp Finvest Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Ihp Finvest has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| The Indian Hume Pipe Company Limited | L51500MH1926PLC001255 |
To see the full group structure of Ihp Finvest Limited, buy the company report.
Employees & EPFO
Ihp Finvest Limited has a workforce of 4 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Ihp Finvest has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACI5206P1ZD | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ihp Finvest Limited, buy the company report.
Recent activity
Ihp Finvest Limited has 10 board changes on record since 1996: 5 appointments and 5 cessations. The latest: Rajashekar Pudu Bhat ceased to be Director on 12 Oct 2025.
6 earlier events are in the company report.
Frequently asked questions
Ihp Finvest is an active public limited company based in Mumbai, Maharashtra, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 09 October 1996 (30+ years old) and is registered under CIN U65920MH1996PLC103184.
Ihp Finvest has 5 current directors:
- Jyoti Rajas Doshi - Director
- Rameshwar Deokisan Sarda - Director
- Rajas Ratanchand Doshi - Director
- Mayur Rajas Doshi - Director
- Rajashekar Pudu Bhat - Director
The latest financial statements of Ihp Finvest on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 05 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ihp Finvest is 27AAACI5206P1ZD, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ihp Finvest is U65920MH1996PLC103184. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ihp Finvest has 3 court cases on record: 1 filed by the company and 2 filed against it.
Ihp Finvest was incorporated on 09 October 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ihp Finvest by revenue are Hirak Leasingand Investment Pvt Ltd, Kisetsu Saison Finance (India) Private Limited, Ugro Capital Limited, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (activities auxiliary to financial service and insurance activities).
Rajashekar Pudu Bhat ceased to be Director on 12 Oct 2025. Rameshwar Deokisan Sarda ceased to be Director on 12 Oct 2025. Rajas Ratanchand Doshi ceased to be Nodal Officer on 21 Oct 2022. Ihp Finvest has 10 board changes on record in total.
The registered office of Ihp Finvest is at Construction House 2nd Floor Walchand Hirachand Marg, Mumbai, Maharashtra, India – 400001.
Ihp Finvest operates in the financial services industry, in the investment and credit nbfc segment.

