About Innofin Solutions Private Limited
Data last updated:
Innofin Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Lenden Club Techserve Private Limited and recognised as a startup by DPIIT. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 10 July 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2015PTC266499. Its GSTIN is 27AADCI8706P1ZZ (Maharashtra).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹2.97 Lakh. It is led by directors including Anirudh Ashokkumar Damani and Bhavin Govindbhai Patel.
Its last annual general meeting (AGM) was held on 16 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2026, the company reported a revenue of ₹351.22 Cr, a growth of 45% compared to the previous year. For the same year it recorded a net profit of ₹34.77 Cr (net margin 9.9%) and EBITDA of ₹45.82 Cr (EBITDA margin 13%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 60% over five years.
The company has about 27 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: InstaMoney and LendenClub. Court records list 167 cases involving the company, including 78 filed by the company and 7 filed against it; 69 cases are pending. The company has 19 deals on record (8 funding rounds, 8 secondary share transfers, 3 rights issues), with disclosed funding of ₹20.93 Cr; the latest was in January 2024. Its 10 peer companies in the BFSI industry (Peer to Peer NBFC, Small Non Deposit NBFC) are compared by revenue, 5 larger and 5 smaller; the largest is New Mount Trading & Investment Co Ltd with revenue of ₹252.4 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lendenclub.com.
Recognitions & Rankings of Innofin Solutions
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Apps
- Registered AddressGala 101 Cts No. 141 Kuber Chembers, Datta Mandir Rd, Mumbai, Maharashtra, India – 400097
- IndustryFinancial Services, NBFC
- 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
- One PDF report, delivered after checkout
Business Activity of Innofin Solutions Private Limited
The main business activity of Innofin Solutions is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Innofin Solutions Private Limited FY 2025 filings available
Innofin Solutions Private Limited reported revenue of ₹351.22 Cr (up 45% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR) of Innofin Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 60% over five years, including 45% growth in the latest year. EBITDA rose 10% 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 of Innofin Solutions Private Limited
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| 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 | ₹45.82 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹34.77 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 of Innofin Solutions Private Limited
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 9.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Innofin Solutions are in the company report.
Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Innofin Solutions Private Limited
Innofin Solutions Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Peer to Peer NBFC, Small Non Deposit NBFC). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Innofin Solutions Private Limited this company | ₹351.22 Cr (FY 2026) | •••• | •••• | 45.0% | •••• | Mumbai, Maharashtra, India |
| New Mount Trading & Investment Co Ltd | ₹252.4 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Kolkata, West Bengal, India |
| Niche Financial Services Private Limited | ₹252.22 Cr (FY 2025) | •••• | •••• | 60.0% | •••• | Mumbai, Maharashtra, India |
| Avanti Finance Private Limited | ₹252.1 Cr (FY 2024) | •••• | •••• | 122.0% | •••• | Bangalore, Karnataka, India |
| B D Vanijya Udyog Pvt Ltd | ₹249.98 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Kolkata, West Bengal, India |
| Bakliwal Fincom Pvt.Ltd. | ₹243.54 Cr (FY 2024) | •••• | •••• | 23.0% | •••• | Kolkata, West Bengal, India |
| Svamaan Financial Services Private Limited | ₹240.2 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | Mumbai, Maharashtra, India |
| A.T.E. Private Limited | ₹237.28 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Mumbai, Maharashtra, India |
| Elcid Investments Limited Listed | ₹235.77 Cr (FY 2024) | •••• | •••• | 117.0% | •••• | Mumbai, Maharashtra, India |
| Arihant Enterprises Ltd | ₹235.61 Cr (FY 2024) | •••• | •••• | 71.0% | •••• | Kolkata, West Bengal, India |
| Akasa Finance Limited | ₹235.01 Cr (FY 2025) | •••• | •••• | 149.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Innofin Solutions by revenue in the BFSI industry (Peer to Peer NBFC, Small Non Deposit NBFC), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Innofin Solutions Private Limited
Innofin Solutions Private Limited is audited by M.K. Dandeker & Co. for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M.K. Dandeker & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Innofin Solutions Private Limited
Innofin Solutions has 6 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anirudh Ashokkumar Damani Also directs: Vartis Platforms Private Limited, Artha Venture Partners LLP, Singularity Consultancy LLP and 5 more | Director | 31 Oct 2017 | 8 Years 11 Months | Current |
| Bhavin Govindbhai Patel Also directs: Lenden Club Finance Private Limited, Genxpress Opp Private Limited, Roctogen Services Private Limited and 2 more | Director | 10 Jul 2015 | 11 Years 3 Months | Current |
| Rajesh Adhikary | Additional Director | 21 Jul 2025 | 1 Years 2 Months | Current |
| Sandeep Moolchand Mantri | Director | 21 Aug 2025 | 1 Years 1 Months | Current |
| Dipesh Karki Also directs: Lenden Club Finance Private Limited, Parighi Platform Private Limited, Vartis Platforms Private Limited and 1 more | Director | 22 Feb 2016 | 10 Years 7 Months | Current |
| Mudit Agarwal Also directs: Parighi Platform Private Limited | Additional Director | 21 Jul 2025 | 1 Years 2 Months | Current |
Ownership and Shareholding of Innofin Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Innofin Solutions Private Limited
Innofin Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Innofin Solutions Private Limited
Innofin Solutions Private Limited has 19 deals on record (8 funding rounds, 8 secondary share transfers, 3 rights issues), with disclosed funding of ₹20.93 Cr; the latest was in January 2024.
Deals on record (5 of 19)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2024 | Funding round | ₹12.69 Cr | Investors: Vartis Platforms Private Limited |
| Jan 2024 | Funding round | ₹2.43 Cr | Investors: Vartis Platforms Private Limited |
| Oct 2021 | Rights issue | ₹2.39 Cr | Investors: Vartis Platforms Private Limited |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Value Growth Catalyst LLP , 3 individuals Seller: 4 individuals |
| Aug 2020 | Rights issue | ₹1.25 Cr | Investors: Vartis Platforms Private Limited |
Full deal history
All 19 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Innofin Solutions Private Limited
Innofin Solutions Private Limited has 167 court cases on record: 78 filed by Innofin Solutions, 7 filed against it, 82 where it is another party. 69 cases are pending and 98 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 145 | 7 | 66 |
| High courts | 22 | 0 | 3 |
Cases on record (5 of 167)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CARBP) | Filed by the company against Epifi Technologies Private Limited | Disposed |
| District court, Rangareddy, Telangana | Civil suit | Filed against the company by an individual | Pending |
| District court, Rangareddy, Telangana | Civil suit | Filed against the company by an individual | Pending |
| District court, Rangareddy, Telangana | Civil suit | Filed against the company by an individual | Pending |
| District court, Rangareddy, Telangana | Civil suit | Filed against the company by an individual | Pending |
Full case history
All 167 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Innofin Solutions Private Limited
Innofin Solutions operates two associated brands: InstaMoney and LendenClub. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides a digital lending platform with comprehensive solutions for individual borrowers. | instamoney.app | |
| Developer of a P2P lending platform for personal loans | lendenclub.com |
Employees and EPFO Compliance at Innofin Solutions Private Limited
Innofin Solutions Private Limited has a workforce of 27 employees as of Sep 23, 2025.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Innofin Solutions Private Limited
Innofin Solutions Private Limited has 10 board changes on record since 2015: 6 appointments and 4 cessations. The latest: Sandeep Moolchand Mantri ceased to be Additional Director on 15 Sep 2025.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Innofin Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Innofin Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Innofin Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Innofin Solutions Private Limited
Innofin Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCI8706P1ZZ | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Innofin Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Innofin Solutions Private Limited
Frequently Asked Questions about Innofin Solutions Private Limited
Innofin Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in nbfc, within the financial services industry. It was incorporated on 10 July 2015 (11+ years old) and is registered under CIN U74999MH2015PTC266499.
Innofin Solutions reported revenue of ₹351.22 Cr for FY 2026 (up 45% YoY).
Innofin Solutions has 6 current directors:
- Anirudh Ashokkumar Damani - Director
- Bhavin Govindbhai Patel - Director
- Rajesh Adhikary - Additional Director
- Sandeep Moolchand Mantri - Director
- Dipesh Karki - Director
- Mudit Agarwal - Additional Director
Innofin Solutions reported a net profit of ₹34.77 Cr (net margin 9.9%) and EBITDA of ₹45.82 Cr (EBITDA margin 13%) for FY 2026, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Innofin Solutions is 5% over three years and 60% over five years. In the latest year (FY 2026) revenue rose 45%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Innofin Solutions is 27AADCI8706P1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Innofin Solutions is U74999MH2015PTC266499. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innofin Solutions has 167 court cases on record: 78 filed by the company and 7 filed against it. 69 are pending. Most are in the district courts.
Innofin Solutions was incorporated on 10 July 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
Innofin Solutions has 19 deals on record (8 funding rounds, 8 secondary share transfers, 3 rights issues), with disclosed funding of ₹20.93 Cr; the latest was in January 2024.
The peers of Innofin Solutions by revenue are New Mount Trading & Investment Co Ltd, Niche Financial Services Private Limited, Avanti Finance Private Limited, B D Vanijya Udyog Pvt Ltd, Bakliwal Fincom Pvt.Ltd. and 5 more, all in the BFSI industry (Peer to Peer NBFC, Small Non Deposit NBFC).