About Issar Financial Services Private Limited
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Issar Financial Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the accounting and financial analysis segment of the business process outsourcing sector. It was incorporated on 20 December 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74140MH2007PTC176996. Its GSTIN is 27AABCI8478G1Z7 (Maharashtra).
The company has an authorised share capital of ₹6.8 Cr and a paid-up capital of ₹4.42 Cr. It is led by directors including Radhakrishna Shetty and Anita Radhakrishna Shetty.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at B – 904/905 Kohinoor Square IT Park N . C. Kelkar Road Dadar West, Mumbai, Maharashtra, India – 400028.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.89 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net loss of ₹73.2 Lakh (net margin -38.8%) and EBITDA of ₹45.26 Lakh (EBITDA margin 24%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 7% over five years.
As per MCA filings, the company has open charges of ₹7.7 Cr and satisfied charges of ₹6.45 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rkshetty.com.
Company details
Contact details
Issar Financial Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is rkshetty.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 904/905 Kohinoor Square IT Park N . C. Kelkar Road Dadar West, Mumbai, Maharashtra, India – 400028
- IndustryBusiness Outsourcing, Accounting and Financial Analysis
To see the full contact details of Issar Financial Services 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
Business activity
The main business activities of Issar Financial Services are financial and insurance activities and administrative and support service activities. In detail, this covers activities auxiliary to financial service and insurance activities and rental and leasing activities. 2 activity segments are registered with the MCA.
| 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 | |
| N | Administrative and support service activities | 77 | Rental and leasing activities |
To see the full business activity and turnover split of Issar Financial Services Private Limited, buy the company report.
Financials of Issar Financial Services Private Limited
FY 2024 filings availableIssar Financial Services Private Limited reported revenue of ₹1.89 Cr (up 26% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 26% growth 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 |
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| EBITDA | ₹45.26 Lakh | ||||
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| Net Profit (PAT) | -₹73.2 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 24% | ||||
| Net Profit Margin | -38.8% | ||||
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To see the full financial statements and ratios of Issar Financial Services Private Limited, buy the company report.
Board of directors of Issar Financial Services Private Limited
Issar Financial Services has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Radhakrishna Shetty Also directs: Vensco Projects LLP, Kritad Buildcon Private Limited, Taximens Services Limited and 2 more | Director | 20 Dec 2007 | 18 Years 10 Months | Current |
| Indira Srinivas Patkar Also directs: Vensco Projects LLP | Additional Director | 05 May 2008 | 18 Years 5 Months | Current |
| Anita Radhakrishna Shetty | Director | 27 Jul 2009 | 17 Years 3 Months | Current |
Auditor
Issar Financial Services Private Limited is audited by M.G.R & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M.G.R & CO. | FY 2023 | 029893 |
Shareholding
The shareholding of Issar Financial Services Private 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 Issar Financial Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jul 2024 | 100957226 | Hdb Financial Services Limited | ₹1.7 Cr | Open | |
| 31 Mar 2022 | 100575184 | Others | ₹6 Cr | Open | |
| 28 Feb 2013 | 10407045 | Kotak Mahindra Bank Limited | ₹6.45 Cr | Satisfied |
To see the full charge records of Issar Financial Services Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Issar Financial Services 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
Issar Financial Services Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 overdue payments 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 |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Issar Financial Services Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Issar Financial Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCI8478G1Z7 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Issar Financial Services Private Limited, buy the company report.
Recent activity
Issar Financial Services Private Limited has 6 board changes on record since 2007: 3 appointments and 3 cessations. The latest: Ashwin Anil Bondal ceased to be Director on 14 Jan 2011.
2 earlier events are in the company report.
Frequently asked questions
Issar Financial Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in accounting and financial analysis, within the business outsourcing industry. It was incorporated on 20 December 2007 (19+ years old) and is registered under CIN U74140MH2007PTC176996.
Issar Financial Services has 3 current directors:
- Radhakrishna Shetty - Director
- Indira Srinivas Patkar - Additional Director
- Anita Radhakrishna Shetty - Director
The latest financial statements of Issar Financial Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Issar Financial Services is 27AABCI8478G1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Issar Financial Services is U74140MH2007PTC176996. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Issar Financial Services was incorporated on 20 December 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Ashwin Anil Bondal ceased to be Director on 14 Jan 2011. Anita Radhakrishna Shetty was appointed as Director on 27 Jul 2009. Suresh Guruva Naik ceased to be Director on 27 Jul 2009. Issar Financial Services has 6 board changes on record in total.
Issar Financial Services has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 23 May 2019.
Issar Financial Services can be reached through the website rkshetty.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Issar Financial Services is at B – 904905 Kohinoor Square IT Park N . C. Kelkar Road Dadar West, Mumbai, Maharashtra, India – 400028.
Issar Financial Services operates in the business outsourcing industry, in the accounting and financial analysis segment.
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