
About Ishani Finserv Private Limited
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Ishani Finserv Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the financial auxiliary services segment of the financial services sector. It was incorporated on 11 December 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U67100MP2018PTC047234. Its GSTIN is 23AAFCI0945N1ZG (Madhya Pradesh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sachin Raghuwanshi and Ravindra Raikwar.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Indore, Madhya Pradesh.
As per the financials filed for FY 2023, the company reported a revenue of ₹4.41 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹3.47 Lakh (net margin -78.7%) and EBITDA of -₹3.05 Lakh (EBITDA margin -69.1%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years.
The company is associated with 1 brand: Ishani Finserv.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ishanifinserv.com.
Company details
Contact details
Ishani Finserv Private Limited's registered office is in Indore, Madhya Pradesh. Its website is ishanifinserv.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No. 301 Third Floor, Shagunarcade Plot No. 08 P.U. 4 Scheme No. 54 Vijay Nagar Square, Indore, Madhya Pradesh, India – 452010
- IndustryFinancial Services, Auxiliary To Financial Intermediatory
To see the full contact details of Ishani Finserv Private 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
Ishani Finserv operates one associated brand: Ishani Finserv. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Financial services encompassing loans, insurance, investments, and tax compliance for SMEs in India. | ishanifinserv.com |
Business activity
The main business activity of Ishani Finserv is financial and insurance service. In detail, this covers financial and credit leasing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K5 | Financial and Credit leasing activities |
To see the full business activity and turnover split of Ishani Finserv Private Limited, buy the company report.
Financials of Ishani Finserv Private Limited
FY 2023 filings availableIshani Finserv Private Limited reported revenue of ₹4.41 Lakh (up 461% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 24% over three years, including 461% growth in the latest year. EBITDA rose 48% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹3.05 Lakh | ||||
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| Net Profit (PAT) | -₹3.47 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | -69.1% | ||||
| Net Profit Margin | -78.7% | ||||
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To see the full financial statements and ratios of Ishani Finserv Private Limited, buy the company report.
Board of directors of Ishani Finserv Private Limited
Ishani Finserv has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravindra Raikwar Also directs: Munique Creations Private Limited | Additional Director | 12 Feb 2024 | 2 Years 9 Months | Current |
| Sachin Raghuwanshi Also directs: Munique Creations Private Limited | Director | 11 Dec 2018 | 7 Years 11 Months | Current |
Peer comparison
Ishani Finserv Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (financial and credit leasing activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| E R Micro Finance | ₹4.53 Lakh (FY 2025) | 12.0% | Bharatpur, Rajasthan, India | |||
| Maxwell Leasing and Finance Private Limited | ₹4.52 Lakh (FY 2025) | -73.0% | Delhi, India | |||
| Subhushan Investments Private Limited | ₹4.48 Lakh (FY 2023) | 40.0% | Navin Shahdara, Delhi, India | |||
| Kenshine Solutions Private Limited | ₹4.45 Lakh (FY 2020) | -84.0% | Bangalore, Karnataka, India | |||
| Manokram Nidhi Limited | ₹4.41 Lakh (FY 2024) | -33.0% | Belgaum, Karnataka, India | |||
| Ishani Finserv Private Limitedthis company | ₹4.41 Lakh (FY 2023) | -₹3.47 Lakh | -78.7% | 461.0% | Indore, Madhya Pradesh, India | |
| Prayagutsav Microcredit Private Limited | ₹4.36 Lakh (FY 2022) | 5.0% | Varanasi, Uttar Pradesh, India | |||
| Midland India Pvt Ltd | ₹4.33 Lakh (FY 2025) | -49.0% | Kolkata, West Bengal, India | |||
| Shubhangan Micro Foundation | ₹4.31 Lakh (FY 2024) | Sonipat, Haryana, India | ||||
| Aditya Mohindra Consultants Private Limited | ₹4.24 Lakh (FY 2024) | 21.0% | Punjab, India | |||
| Max Rise Mutual Benefit Nidhi Limited | ₹4.23 Lakh (FY 2018) | 64.0% | Khalilabad, Uttar Pradesh, India |
To see the full peer comparison of Ishani Finserv Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ishani Finserv Private 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 Ishani Finserv Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ishani Finserv has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAFCI0945N1ZG | Madhya Pradesh | Active | 03 May 2019 |
To see the full GST registrations and return filing status of Ishani Finserv Private Limited, buy the company report.
Recent activity
Ishani Finserv Private Limited has 4 board changes on record since 2018: 2 appointments and 2 cessations. The latest: Monika Raghuwanshi ceased to be Director on 12 Feb 2024.
Frequently asked questions
Ishani Finserv is an active private limited company based in Indore, Madhya Pradesh, India. The company works in auxiliary to financial intermediatory, within the financial services industry. It was incorporated on 11 December 2018 (8+ years old) and is registered under CIN U67100MP2018PTC047234.
Ishani Finserv has 2 current directors:
- Ravindra Raikwar - Additional Director
- Sachin Raghuwanshi - Director
The latest financial statements of Ishani Finserv on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Ishani Finserv is 23AAFCI0945N1ZG, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Ishani Finserv is U67100MP2018PTC047234. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ishani Finserv was incorporated on 11 December 2018, making it 8+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Ishani Finserv by revenue are E R Micro Finance, Maxwell Leasing and Finance Private Limited, Subhushan Investments Private Limited, Kenshine Solutions Private Limited, Manokram Nidhi Limited and 5 more, all in the same principal business activity (financial and credit leasing activities).
Monika Raghuwanshi ceased to be Director on 12 Feb 2024. Ravindra Raikwar was appointed as Additional Director on 12 Feb 2024. Vishal Panwar ceased to be Director on 12 Feb 2024. Ishani Finserv has 4 board changes on record in total.
Ishani Finserv can be reached through the website ishanifinserv.com. Its registered office is in Indore, Madhya Pradesh, India.
The registered office of Ishani Finserv is at Office No. 301 Third Floor, Shagunarcade Plot No. 08 P.U. 4 Scheme No. 54 Vijay Nagar Square, Indore, Madhya Pradesh, India – 452010.
Ishani Finserv operates in the financial services industry, in the auxiliary to financial intermediatory segment.

