
About Indianivesh Limited
Data last updated:
Indianivesh Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 21 December 1931 and has been in existence for over 95 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L99500MH1931PLC001493. Its GSTIN is 27AABCI6743E1ZN (Maharashtra). It is a listed company as per MCA records. Its shares are listed on BSE: 501700.
The company has an authorised share capital of ₹5.06 Cr and a paid-up capital of ₹3.78 Cr. It was formerly known as Sanyei Corporation Limited and Sanyei Medi Quip Limited. It is led by directors including Rajesh Nuwal (Managing Director) and Duwarka Madanlal Pareek.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 1703 17th Floor Lodha Supremus Senapati Bapat Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹1.96 Cr, a decline of 51.2% compared to the previous year. For the same year it recorded a net loss of ₹9 Cr (net margin -459.2%) and EBITDA of -₹67 Lakh (EBITDA margin -34.2%). Total assets are valued at ₹91.15 Cr (up 0.1% YoY).
Its group structure includes 3 subsidiaries.
The company is associated with 1 brand: IndiaNivesh. As per MCA filings, the company has open charges of ₹50 Cr and satisfied charges of ₹80.61 Cr on record. Court records list 6 cases involving the company, including 6 filed against it. The company has 25 deals on record (25 market trades); the latest was in February 2026. Its 5 peer companies in the BFSI industry (Large NBFC, Mid Sized Non Deposit NBFC, NBFC Investment and Credit Companies), with the same principal business activity (other financial activities) are compared by revenue, 3 larger and 2 smaller; the largest is Skyline Tracom Private Limited with revenue of ₹387.67 Cr. The company has 1 MSME Form 1 return on record for the period ending Sep 2023, listing 1 overdue payment to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indianivesh.in.
Company details
Name history
Indianivesh has undergone 2 name changes throughout its history. The company was previously known as Sanyei Corporation Limited, and Sanyei Medi Quip Limited. The current legal name is Indianivesh Limited.
| Company Name | Status |
|---|---|
| Indianivesh Limited | Current |
| Sanyei Corporation Limited | Previous |
| Sanyei Medi Quip Limited | Previous |
Contact details
Indianivesh Limited's registered office is in Mumbai, Maharashtra. Its website is indianivesh.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address1703 17th Floor Lodha Supremus Senapati Bapat Marg Lower Parel, Mumbai, Maharashtra, India – 400013
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Indianivesh 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
Brands
Indianivesh operates one associated brand: IndiaNivesh. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Financial services including advisory and management are offered in India. | indianivesh.in |
Business activity
The main business activity of Indianivesh 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 Indianivesh Limited, buy the company report.
Financials of Indianivesh Limited
FY 2025-26 filings availableIndianivesh Limited reported revenue of ₹1.96 Cr (down 51.2% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1.96 | 4.02 | 6.14 | (1.44) | 7.05 | 13.42 | 121 |
| Revenue growth | -51.2% | -34.5% | +526.4% | -120.4% | -47.5% | -88.9% | - |
| EBITDA | (0.67) | 2.22 | 1.93 | (5.01) | 1.54 | 8.03 | (14.15) |
| EBITDA margin | -34.2% | +55.2% | +31.4% | +347.9% | +21.8% | +59.8% | -11.7% |
| Profit before tax | (7.73) | (5.72) | 2.39 | (3.31) | (7.84) | (9.69) | (95.56) |
| Net profit | (9.00) | (6.41) | 2.52 | (2.92) | (3.89) | (14.34) | (93.42) |
| Net profit margin | -459.2% | -159.5% | +41.0% | +202.8% | -55.2% | -106.9% | -77.5% |
| EPS (₹) | (2.39) | (1.69) | 0.67 | (0.77) | (1.03) | (3.25) | (24.52) |
| Balance sheet | |||||||
| Total assets | 91.15 | 91.10 | 88.93 | 86.41 | 87.09 | 141 | 246 |
| Net worth | (49.52) | (40.50) | (34.14) | (36.73) | (33.77) | (21.38) | 2.95 |
| Total debt | 141 | 132 | 123 | 123 | 121 | 162 | 243 |
| Cash & bank | 0.90 | 0.86 | 0.98 | 3.52 | 1.53 | 103 | 120 |
| Net working capital | 9.64 | 10.71 | 17.05 | 23.52 | 27.51 | 46.96 | 59.21 |
| Cash flow | |||||||
| Cash from operations | (10.26) | (10.41) | (2.96) | (1.27) | (65.75) | 50.23 | 359 |
| Cash from investing | 1.22 | 1.93 | 0.48 | 0.73 | 106 | 30.25 | 112 |
| Cash from financing | 9.08 | 8.52 | (0.07) | 2.28 | (41.28) | (81.33) | (484) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.08 | 0.06 | 1.85 | 0.02 | 0.02 | 0.15 | 0.51 | 1.50 |
| Revenue growth (YoY) | +300.0% | -60.0% | +262.8% | -98.7% | -98.9% | - | - | - |
| Other income | 0.64 | 0.70 | 0.66 | 0.71 | 0.63 | 0.76 | 0.62 | 0.74 |
| EBITDA | (0.29) | (1.08) | 1.27 | (0.50) | (0.37) | (0.51) | 0.08 | 0.98 |
| EBITDA margin | -362.5% | -1800.0% | +68.6% | -2500.0% | -1850.0% | -340.0% | +15.7% | +65.3% |
| Depreciation | 0.08 | 0.10 | 0.10 | 0.10 | 0.10 | 0.14 | 0.14 | 0.14 |
| Interest | 0.00 | 9.06 | 0.03 | 0.23 | 0.01 | 9.85 | 0.01 | 0.02 |
| Profit before tax | 0.27 | (9.54) | 1.80 | (0.12) | 0.15 | (9.74) | 0.55 | 1.56 |
| Tax | 0.18 | 1.31 | (0.02) | (1.11) | 1.09 | 0.93 | (0.14) | 0.00 |
| Net profit | 0.09 | (10.85) | 1.82 | 0.99 | (0.94) | (10.67) | 0.69 | 1.56 |
| EPS (₹) | 0.02 | (2.87) | 0.48 | 0.26 | (0.25) | (2.82) | 0.19 | 0.41 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 3.17 | 3.71 | 1.84 | 1.48 | 2.90 | 8.32 | 15.13 |
| Revenue growth | -14.6% | +101.6% | +24.3% | -49.0% | -65.1% | -45.0% | - |
| EBITDA | 2.97 | 3.58 | (0.88) | 1.39 | 2.75 | 8.08 | (17.05) |
| EBITDA margin | +93.7% | +96.5% | -47.8% | +93.9% | +94.8% | +97.1% | -112.7% |
| Profit before tax | (6.26) | (6.22) | (1.77) | 1.39 | (6.96) | (0.02) | (42.48) |
| Net profit | (6.58) | (6.59) | (2.03) | 1.16 | (3.28) | (1.45) | (42.39) |
| Net profit margin | -207.6% | -177.6% | -110.3% | +78.4% | -113.1% | -17.4% | -280.2% |
| EPS (₹) | (1.74) | (1.75) | (0.54) | 0.31 | (0.87) | 0.01 | (11.23) |
| Balance sheet | |||||||
| Total assets | 81.92 | 79.18 | 76.93 | 79.60 | 76.17 | 69.93 | 97.56 |
| Net worth | (58.75) | (52.17) | (45.57) | (43.53) | (44.69) | (41.41) | (41.45) |
| Total debt | 141 | 131 | 122 | 123 | 121 | 111 | 139 |
| Cash & bank | 0.05 | 0.02 | 0.01 | 0.05 | 0.07 | 0.05 | 0.03 |
| Net working capital | (1.33) | (1.60) | 4.39 | (1.90) | (2.45) | (1.91) | (67.35) |
| Cash flow | |||||||
| Cash from operations | (0.80) | (0.29) | 1.43 | (2.80) | (2.54) | 37.39 | 111 |
| Cash from investing | 0.76 | 1.28 | (0.68) | 0.00 | 0.00 | 0.14 | (0.06) |
| Cash from financing | 0.07 | (0.99) | (0.79) | 2.78 | 2.56 | (37.51) | (112) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.40 | 0.37 | 2.15 | 0.32 | 0.33 | 0.40 | 1.00 | 0.68 |
| Revenue growth (YoY) | +21.2% | -7.5% | +115.0% | -52.9% | -83.0% | - | - | - |
| Other income | 0.00 | 0.02 | 0.00 | 0.00 | 0.00 | 0.04 | 0.01 | 0.02 |
| Total expenses | 0.06 | 0.07 | 0.04 | 0.02 | 0.07 | 0.02 | 0.03 | 0.38 |
| EBITDA | 0.34 | 0.30 | 2.11 | 0.30 | 0.26 | 0.38 | 0.97 | 0.30 |
| EBITDA margin | +85.0% | +81.1% | +98.1% | +93.8% | +78.8% | +95.0% | +97.0% | +44.1% |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 9.03 | 0.00 | 0.22 | 0.00 | 9.84 | 0.00 | 0.00 |
| Profit before tax | 0.34 | (8.71) | 2.11 | 0.08 | 0.26 | (9.42) | 0.98 | 0.32 |
| Tax | 0.09 | 0.08 | 0.08 | 0.08 | 0.08 | 0.09 | 0.10 | 0.10 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.08 | 0.06 | 1.85 | 0.02 | 0.02 | 0.15 | 0.51 | 1.50 |
| Revenue growth (YoY) | +300.0% | -60.0% | +262.8% | -98.7% | -98.9% | - | - | - |
| Other income | 0.64 | 0.70 | 0.66 | 0.71 | 0.63 | 0.76 | 0.62 | 0.74 |
| EBITDA | (0.29) | (1.08) | 1.27 | (0.50) | (0.37) | (0.51) | 0.08 | 0.98 |
| EBITDA margin | -362.5% | -1800.0% | +68.6% | -2500.0% | -1850.0% | -340.0% | +15.7% | +65.3% |
| Depreciation | 0.08 | 0.10 | 0.10 | 0.10 | 0.10 | 0.14 | 0.14 | 0.14 |
| Interest | 0.00 | 9.06 | 0.03 | 0.23 | 0.01 | 9.85 | 0.01 | 0.02 |
| Profit before tax | 0.27 | (9.54) | 1.80 | (0.12) | 0.15 | (9.74) | 0.55 | 1.56 |
| Tax | 0.18 | 1.31 | (0.02) | (1.11) | 1.09 | 0.93 | (0.14) | 0.00 |
| Net profit | 0.09 | (10.85) | 1.82 | 0.99 | (0.94) | (10.67) | 0.69 | 1.56 |
| EPS (₹) | 0.02 | (2.87) | 0.48 | 0.26 | (0.25) | (2.82) | 0.19 | 0.41 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1.96 | 4.02 | 6.14 | (1.44) | 7.05 | 13.42 | 121 |
| Revenue growth | -51.2% | -34.5% | +526.4% | -120.4% | -47.5% | -88.9% | - |
| Other income | 2.69 | 2.51 | 2.17 | 2.62 | 1.79 | 2.61 | 6.47 |
| Total expenses | 2.63 | 1.80 | 4.21 | 3.57 | 5.51 | 5.39 | 135 |
| Employee cost | 0.00 | 0.62 | 0.68 | 0.73 | 0.84 | 1.60 | 42.79 |
| EBITDA | (0.67) | 2.22 | 1.93 | (5.01) | 1.54 | 8.03 | (14.15) |
| EBITDA margin | -34.2% | +55.2% | +31.4% | +347.9% | +21.8% | +59.8% | -11.7% |
| Depreciation | 0.41 | 0.55 | 0.75 | 0.90 | 1.30 | 3.65 | 6.79 |
| Interest | 9.34 | 9.90 | 0.96 | 0.02 | 9.87 | 16.68 | 81.09 |
| Profit before tax | (7.73) | (5.72) | 2.39 | (3.31) | (7.84) | (9.69) | (95.56) |
| Tax | 1.27 | 0.67 | (0.13) | (0.39) | (3.95) | 3.16 | (1.93) |
| Net profit | (9.00) | (6.41) | 2.52 | (2.92) | (3.89) | (14.34) | (93.42) |
| Net profit margin | -459.2% | -159.5% | +41.0% | +202.8% | -55.2% | -106.9% | -77.5% |
| EPS (₹) | (2.39) | (1.69) | 0.67 | (0.77) | (1.03) | (3.25) | (24.52) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 3.78 | 3.78 | 3.78 | 3.78 | 3.78 | 3.78 | 3.78 |
| Reserves & surplus | (53.30) | (44.28) | (37.92) | (40.51) | (37.55) | (25.16) | (0.83) |
| Shareholders' funds (net worth) | (49.52) | (40.50) | (34.14) | (36.73) | (33.77) | (21.38) | 2.95 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 50.80 | 100 |
| Unsecured loans | 141 | 132 | 123 | 123 | 121 | 111 | 143 |
| Total debt | 141 | 132 | 123 | 123 | 121 | 162 | 243 |
| Total liabilities | 91.15 | 91.10 | 88.93 | 86.41 | 87.09 | 141 | 246 |
| Assets | |||||||
| Gross block | 48.28 | 41.61 | 41.65 | 40.94 | 41.27 | 41.45 | 58.46 |
| Net block | 21.79 | 22.89 | 23.45 | 23.49 | 24.65 | 26.13 | 41.56 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 52.21 | 51.36 | 26.22 | 24.28 | 22.28 | 19.30 | 2.02 |
| Inventories | 0.00 | 0.00 | 7.50 | 5.67 | 0.01 | 0.01 | 3.71 |
| Sundry debtors | 1.50 | 1.50 | 0.66 | 0.21 | 14.09 | 50.26 | 141 |
| Cash & bank balances | 0.90 | 0.86 | 0.98 | 3.52 | 1.53 | 103 | 120 |
| Loans & advances | 9.83 | 10.13 | 11.04 | 17.39 | 16.37 | 22.03 | 59.31 |
| Total current assets | 12.23 | 12.49 | 20.18 | 26.79 | 32.00 | 175 | 324 |
| Total current liabilities | 2.59 | 1.78 | 3.13 | 3.27 | 4.49 | 128 | 265 |
| Net working capital | 9.64 | 10.71 | 17.05 | 23.52 | 27.51 | 46.96 | 59.21 |
| Total assets | 91.15 | 91.10 | 88.93 | 86.41 | 87.09 | 141 | 246 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.20 | 0.17 | 2.72 | 0.97 | 1.55 | 2.40 | 15.99 |
| Net cash from operating activities | (10.26) | (10.41) | (2.96) | (1.27) | (65.75) | 50.23 | 359 |
| Net cash from investing activities | 1.22 | 1.93 | 0.48 | 0.73 | 106 | 30.25 | 112 |
| Net cash from financing activities | 9.08 | 8.52 | (0.07) | 2.28 | (41.28) | (81.33) | (484) |
| Net change in cash | 0.04 | 0.03 | (2.54) | 1.74 | (0.57) | (0.85) | (13.59) |
| Closing cash | 0.90 | 0.86 | 0.98 | 3.52 | 1.53 | 103 | 120 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -51.2% | -34.5% | +526.4% | -120.4% | -47.5% | -88.9% | - |
| EBITDA growth | -130.2% | +15.0% | +138.5% | -425.3% | -80.8% | +156.8% | - |
| PBT growth | -35.1% | - | +9998.0% | +57.8% | +19.1% | +89.9% | - |
| Net income growth | -40.4% | -354.4% | +186.3% | +24.9% | +72.9% | +84.7% | - |
| Revenue CAGR (3Y) | - | -17.1% | -22.9% | - | -69.0% | -65.7% | +12.2% |
| EBITDA CAGR (3Y) | -48.9% | +13.0% | -37.8% | -29.3% | -73.4% | -48.2% | - |
| Profitability & leverage | |||||||
| Net income margin | -459.2% | -159.0% | +41.0% | +202.8% | -55.2% | -95.8% | -77.6% |
| Return on capital employed | - | 0.0% | +3.2% | 0.0% | 0.0% | 0.0% | 0.0% |
| Return on net worth | - | 0.0% | -13.6% | 0.0% | 0.0% | 0.0% | 0.0% |
| Debt / equity | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5.84 |
| Long-term debt / equity | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4.70 |
| Interest cover | -864.81 | 592.81 | 81.36 | -0.34 | 4,112.50 | 380.82 | -387.25 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 0.16 | 0.20 | 0.03 | 0.21 | 0.32 | 2.21 |
| Inventory turnover | - | 1.74 | 1.26 | 0.42 | 884.00 | 8.62 | 6.00 |
| Debtors turnover | - | 6.05 | 19.10 | 0.17 | 0.27 | 0.17 | 0.95 |
| EPS (₹) | (2.39) | (1.69) | 0.67 | (0.77) | (1.03) | (3.25) | (24.52) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | (10.73) | (9.04) | (9.73) | (8.95) | (5.66) | 0.78 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.40 | 0.37 | 2.15 | 0.32 | 0.33 | 0.40 | 1.00 | 0.68 |
| Revenue growth (YoY) | +21.2% | -7.5% | +115.0% | -52.9% | -83.0% | - | - | - |
| Other income | 0.00 | 0.02 | 0.00 | 0.00 | 0.00 | 0.04 | 0.01 | 0.02 |
| Total expenses | 0.06 | 0.07 | 0.04 | 0.02 | 0.07 | 0.02 | 0.03 | 0.38 |
| EBITDA | 0.34 | 0.30 | 2.11 | 0.30 | 0.26 | 0.38 | 0.97 | 0.30 |
| EBITDA margin | +85.0% | +81.1% | +98.1% | +93.8% | +78.8% | +95.0% | +97.0% | +44.1% |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 9.03 | 0.00 | 0.22 | 0.00 | 9.84 | 0.00 | 0.00 |
| Profit before tax | 0.34 | (8.71) | 2.11 | 0.08 | 0.26 | (9.42) | 0.98 | 0.32 |
| Tax | 0.09 | 0.08 | 0.08 | 0.08 | 0.08 | 0.09 | 0.10 | 0.10 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 3.17 | 3.71 | 1.84 | 1.48 | 2.90 | 8.32 | 15.13 |
| Revenue growth | -14.6% | +101.6% | +24.3% | -49.0% | -65.1% | -45.0% | - |
| Other income | 0.02 | 0.04 | 0.03 | 0.00 | 0.10 | 1.77 | 0.00 |
| Total expenses | 0.20 | 0.13 | 2.72 | 0.09 | 0.15 | 0.24 | 32.18 |
| Employee cost | 0.00 | 0.03 | 0.03 | 0.02 | 0.02 | 0.00 | 0.53 |
| EBITDA | 2.97 | 3.58 | (0.88) | 1.39 | 2.75 | 8.08 | (17.05) |
| EBITDA margin | +93.7% | +96.5% | -47.8% | +93.9% | +94.8% | +97.1% | -112.7% |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.02 |
| Interest | 9.25 | 9.84 | 0.92 | 0.00 | 9.81 | 9.85 | 25.41 |
| Profit before tax | (6.26) | (6.22) | (1.77) | 1.39 | (6.96) | (0.02) | (42.48) |
| Tax | 0.32 | 0.37 | 0.26 | 0.23 | (3.68) | (0.06) | (0.09) |
| Net profit | (6.58) | (6.59) | (2.03) | 1.16 | (3.28) | (1.45) | (42.39) |
| Net profit margin | -207.6% | -177.6% | -110.3% | +78.4% | -113.1% | -17.4% | -280.2% |
| EPS (₹) | (1.74) | (1.75) | (0.54) | 0.31 | (0.87) | 0.01 | (11.23) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 3.78 | 3.78 | 3.78 | 3.78 | 3.78 | 3.78 | 3.78 |
| Reserves & surplus | (62.53) | (55.95) | (49.35) | (47.31) | (48.47) | (45.19) | (45.23) |
| Shareholders' funds (net worth) | (58.75) | (52.17) | (45.57) | (43.53) | (44.69) | (41.41) | (41.45) |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 15.66 |
| Unsecured loans | 141 | 131 | 122 | 123 | 121 | 111 | 123 |
| Total debt | 141 | 131 | 122 | 123 | 121 | 111 | 139 |
| Total liabilities | 81.92 | 79.18 | 76.93 | 79.60 | 76.17 | 69.93 | 97.56 |
| Assets | |||||||
| Gross block | 0.00 | 0.68 | 0.68 | 0.00 | 0.00 | 0.00 | 0.22 |
| Net block | 0.00 | 0.68 | 0.68 | 0.00 | 0.00 | 0.00 | 0.16 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 77.59 | 76.34 | 52.39 | 68.33 | 67.37 | 25.19 | 25.39 |
| Inventories | 0.00 | 0.00 | 6.10 | 0.00 | 0.01 | 0.01 | 1.95 |
| Sundry debtors | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.92 |
| Cash & bank balances | 0.05 | 0.02 | 0.01 | 0.05 | 0.07 | 0.05 | 0.03 |
| Loans & advances | 0.06 | 0.14 | 0.24 | 0.22 | 0.71 | 1.37 | 3.20 |
| Total current assets | 0.11 | 0.16 | 6.35 | 0.27 | 0.79 | 1.43 | 6.10 |
| Total current liabilities | 1.44 | 1.76 | 1.96 | 2.17 | 3.24 | 3.34 | 73.45 |
| Net working capital | (1.33) | (1.60) | 4.39 | (1.90) | (2.45) | (1.91) | (67.35) |
| Total assets | 81.92 | 79.18 | 76.93 | 79.60 | 76.17 | 69.93 | 97.56 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.02 | 0.01 | 0.05 | 0.07 | 0.05 | 0.03 | 0.41 |
| Net cash from operating activities | (0.80) | (0.29) | 1.43 | (2.80) | (2.54) | 37.39 | 111 |
| Net cash from investing activities | 0.76 | 1.28 | (0.68) | 0.00 | 0.00 | 0.14 | (0.06) |
| Net cash from financing activities | 0.07 | (0.99) | (0.79) | 2.78 | 2.56 | (37.51) | (112) |
| Net change in cash | 0.03 | 0.00 | (0.04) | (0.01) | 0.02 | 0.01 | (0.38) |
| Closing cash | 0.05 | 0.02 | 0.01 | 0.05 | 0.07 | 0.05 | 0.03 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -14.6% | +101.6% | +24.3% | -49.0% | -65.1% | -45.0% | - |
| EBITDA growth | -17.0% | +506.8% | -163.3% | -49.5% | -66.0% | +147.4% | - |
| PBT growth | -0.6% | -251.4% | - | +9998.0% | - | +100.0% | - |
| Net income growth | +0.2% | -224.6% | -275.0% | +135.4% | -126.2% | +96.6% | - |
| Revenue CAGR (3Y) | +28.9% | +8.6% | -39.5% | -53.9% | -50.1% | +12.1% | +120.6% |
| EBITDA CAGR (3Y) | +28.8% | +9.2% | - | - | -50.2% | +16.7% | - |
| Profitability & leverage | |||||||
| Net income margin | -207.6% | -177.6% | -110.3% | +78.4% | -113.1% | +0.5% | -280.2% |
| Return on capital employed | - | 0.0% | 0.0% | +1.3% | 0.0% | +7.4% | 0.0% |
| Return on net worth | - | 0.0% | 0.0% | -8.4% | 0.0% | +11.8% | 0.0% |
| Debt / equity | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 311.45 | 274.86 | -104.55 | 0.00 | 356.73 | 122.21 | -148.86 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 5.51 | 5.50 | 0.00 | 0.00 | 91.73 | 79.63 |
| Inventory turnover | - | 1.23 | 0.61 | 296.00 | 300.00 | 10.30 | 15.52 |
| Debtors turnover | - | 0.00 | 0.00 | 0.00 | 0.00 | 21.93 | 32.89 |
| EPS (₹) | (1.74) | (1.75) | (0.54) | 0.31 | (0.87) | 0.01 | (11.23) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | (13.82) | (12.07) | (11.53) | (11.84) | (10.97) | (10.98) |
To see the full year-wise statements and ratios of Indianivesh Limited, buy the company report.
Board of directors of Indianivesh Limited
Indianivesh has 6 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Duwarka Madanlal Pareek Also directs: Indianivesh Capitals Limited, Indianivesh Securities Limited, Indianivesh Financial Advisors Limited and 2 more | Director | 28 Sep 2021 | 5 Years 1 Months | Current |
| Jagdish Prasad Ridhkaran Pareek | Director | 21 Sep 2020 | 6 Years 1 Months | Current |
| Dinesh Kumar Nuwal Also directs: Artha Sri Investment Consultants LLP, Indianivesh Capitals Limited, Dilsukh Properties Private Limited and 5 more | Director | 31 Jan 2007 | 19 Years 9 Months | Current |
| Rajesh Nuwal Also directs: Indianivesh Investment Advisors LLP, Artha Sri Investment Consultants LLP, Balashri Commercial Limited and 5 more | Managing Director | 16 May 2005 | 21 Years 5 Months | Current |
| Jeny Vinod Kumar Gowadia Also directs: Balashri Commercial Limited, Indianivesh Capitals Limited, Responsive Industries Limited and 3 more | Director | 27 May 2025 | 1 Years 5 Months | Current |
| Kausik Jashwantlal Shah | Director | 22 Apr 2024 | 2 Years 6 Months | Current |
Peer comparison
Indianivesh Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Large NBFC, Mid Sized Non Deposit NBFC, NBFC Investment and Credit Companies), 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 |
|---|---|---|---|---|---|---|
| Skyline Tracom Private Limited | ₹387.67 Cr (FY 2021) | 24.0% | Kolkata, West Bengal, India | |||
| LRSD Securities Private Limited | ₹374.7 Cr (FY 2025) | 5.0% | New Delhi, Delhi, India | |||
| Dhani Loans and Services Limited | ₹372.43 Cr (FY 2024) | -30.0% | New Delhi, Delhi, India | |||
| Auxilo Finserve Private Limited | ₹367.33 Cr (FY 2024) | 92.0% | Mumbai, Maharashtra, India | |||
| Ridhi Sidhi Distributor Pvt Ltd | ₹364.85 Cr (FY 2024) | 904.0% | Kolkata, West Bengal, India | |||
| Indianivesh Limitedthis company | ₹1.96 Cr (FY 2026) | -₹9 Cr | -459.2% | -51.2% | Mumbai, Maharashtra, India |
To see the full peer comparison of Indianivesh Limited, buy the company report.
Auditor
Indianivesh Limited is audited by CLB & Associates for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CLB & Associates | FY 2019 | 124305W |
Shareholding
Shareholding for the quarter ended Mar 2026: promoters hold 62.40%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.90% and retail and other public shareholders hold 36.70%.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | |
|---|---|---|---|---|
| Promoters | 62.40% | 62.40% | 62.40% | 62.40% |
| Public | 37.60% | 37.60% | 37.60% | 37.60% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jan 2020 | 100337403 | Others | ₹50 Cr | Satisfied | |
| 05 Jul 2012 | 10373085 | Il & Fs Trust Company Limited | ₹18.01 Cr | Satisfied | |
| 17 Nov 2011 | 10323986 | Kotak Mahindra Prime Limited | ₹7.6 Cr | Satisfied | |
| 10 Aug 2007 | 10067686 | Oriental Bank of Commerce | ₹5 Cr | Satisfied |
To see the full charge records of Indianivesh Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Indianivesh Limited has 25 deals on record (25 market trades); the latest was in February 2026.
Deals on record (5 of 25)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2026 | Market trade | ₹1.47 Cr | Buyer: Promore Ventures Private Limited , an individual Seller: Bright Impex & Agencies Pvt Ltd |
| Mar 2024 | Market trade | ₹23.6 Lakh | Seller: Bright Impex & Agencies Pvt Ltd |
| Jun 2022 | Market trade | ₹2.57 Cr | Buyer: Monkey Beverages Private Limited Seller: Suhani Homes Private Limited |
| Jun 2022 | Market trade | ₹1.16 Cr | Seller: Bright Impex & Agencies Pvt Ltd |
| May 2022 | Market trade | ₹12.13 Cr | Buyer: an individual Seller: Suhani Homes Private Limited , Anjali Credit Pvt Ltd |
To see the full deal history of Indianivesh Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Indianivesh Limited has 6 court cases on record: 6 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 4 | 0 |
| District courts | 2 | 2 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (S) | Filed against the company by Tirupati Fin Lease Ltd. | Disposed |
| District court, Raipur, Chhattisgarh | Court case (MJC Criminal Cases) | Filed against the company | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by Pr.Commissioner of Income Tax-5 | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by PR. Commissioner of Income Tax -5 | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by The Principal Commissioner of Income Tax-5 | Disposed |
To see the full case history of Indianivesh 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
Indianivesh Limited has 1 MSME Form 1 return on record for the period ending Sep 2023, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| C A S & Co. |
To see the full MSME payment records of Indianivesh Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Indianivesh has 3 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Indianivesh Commodities Private Limited | U51900MH2000PTC126273 | |
| Indianivesh Shares and Securities Private Limited | U65921MH2008PTC255175 | |
| Indianivesh Securities Limited | U67120MH2006PLC158634 |
To see the full group structure of Indianivesh Limited, buy the company report.
GST
Indianivesh has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCI6743E1ZN | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Indianivesh Limited, buy the company report.
Recent activity
Indianivesh Limited has 39 board changes on record since 2004: 23 appointments and 16 cessations. The latest: Jeny Vinod Kumar Gowadia was appointed as Director on 27 May 2025.
39 earlier events are in the company report.
News
Frequently asked questions
Indianivesh is an active public limited company based in Mumbai, Maharashtra, India. The company works in nbfc, within the financial services industry. It was incorporated on 21 December 1931 (95+ years old) and is registered under CIN L99500MH1931PLC001493. Listed on BSE: 501700.
Indianivesh reported revenue of ₹1.96 Cr for FY 2025-26 (down 51.2% YoY) based on consolidated financials.
Indianivesh has 6 current directors:
- Rajesh Nuwal - Managing Director
- Duwarka Madanlal Pareek - Director
- Jagdish Prasad Ridhkaran Pareek - Director
- Dinesh Kumar Nuwal - Director
- Jeny Vinod Kumar Gowadia - Director
- Kausik Jashwantlal Shah - Director
The latest financial statements of Indianivesh on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Indianivesh is 27AABCI6743E1ZN, registered in Maharashtra.
The CIN (Corporate Identification Number) of Indianivesh is L99500MH1931PLC001493. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Indianivesh is a listed company as per MCA records. Its shares are listed on BSE (code: 501700).
Indianivesh has 6 court cases on record: 6 filed against it. Most are in the high courts.
Indianivesh was incorporated on 21 December 1931, making it 95+ years old. It is registered with the Registrar of Companies, Mumbai.
Indianivesh has 25 deals on record (25 market trades); the latest was in February 2026.
The peers of Indianivesh by revenue are Skyline Tracom Private Limited, LRSD Securities Private Limited, Dhani Loans and Services Limited, Auxilo Finserve Private Limited, Ridhi Sidhi Distributor Pvt Ltd, all in the BFSI industry (Large NBFC, Mid Sized Non Deposit NBFC, NBFC Investment and Credit Companies), with the same principal business activity (other financial activities).
Jeny Vinod Kumar Gowadia was appointed as Director on 27 May 2025. Sona Parag Hadkar ceased to be Director on 27 Mar 2025. Charu Golash was appointed as Company Secretary on 11 Sep 2024. Indianivesh has 39 board changes on record in total.

