Thar Commercial Finance Private Limited

Thar Commercial Finance Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U65999MH2008PTC185082 Incorporated 25 July 2008 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company financial services MSME · Small
Data last updated
Revenue · FY 2025
₹55.98 Cr
▲ 7% YoY
Net profit · FY 2025
₹5.93 Cr
Net margin 10.6%
EBITDA · FY 2025
₹48.21 Cr
EBITDA margin 86.1%
Authorised capital
₹50 Cr
Registered with MCA
Paid-up capital
₹49.96 Cr
Issued & subscribed
Open charges
₹30 Cr
Satisfied ₹5 Cr
Company age
18 yrs
Est. 2008
Directors on board
3
As per MCA filings

About Thar Commercial Finance Private Limited

Data last updated:

Thar Commercial Finance Private Limited is a private 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 25 July 2008 and has been in existence for over 18 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65999MH2008PTC185082. Its GSTIN is 27AABCI9290C2ZI (Maharashtra). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹49.96 Cr. It was formerly known as India Advantage Finance Private Limited. It is led by directors including Yatin Ajitrai Mankad and Vivek Jayesh Thar.

Its last annual general meeting (AGM) was held on 30 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 2025, the company reported a revenue of ₹55.98 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹5.93 Cr (net margin 10.6%) and EBITDA of ₹48.21 Cr (EBITDA margin 86.1%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years.

The company is associated with 91 brands, including Stone Brothers Funeral Home, Petrik Funeral Home, Maid In Home, Sunly Home, Future Biome and others. As per MCA filings, the company has open charges of ₹30 Cr and satisfied charges of ₹5 Cr on record. Court records list 26 cases involving the company, including 21 filed by the company and 5 filed against it; 18 cases are pending. The company has 12 deals on record (4 debt financings, 4 rights issues, 2 secondary share transfers), with disclosed funding of ₹529.45 Cr; the latest was in March 2021. Its 8 peer companies in the BFSI industry (Finance, Large NBFC, NBFC Investment and Credit Companies), with the same principal business activity (other financial activities) are compared by revenue, 3 larger and 5 smaller; the largest is Sakhi Barter Pvt Ltd with revenue of ₹56.92 Cr.

Thar Commercial Finance Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0066743). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website me.com.

Company details

CIN U65999MH2008PTC185082
Registration Number 185082
Incorporation Date 25 July 2008
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-18-0066743

Recognitions & Rankings of Thar Commercial Finance

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-18-0066743

Contact details

Thar Commercial Finance Private Limited's registered office is in Mumbai, Maharashtra. Its website is me.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Registered Address
    602 A – Wing 6th Floor Kaledonia Building Sahar Road Near Railway Station Andher, I (East), Mumbai, Maharashtra, India – 400069
  • Industry
    Financial Services, NBFC, Investment & Credit NBFC

To see the full contact details of Thar Commercial Finance Private Limited, buy the company report.

Comprehensive company report
Thar Commercial Finance Private Limited - one report that includes everything
  • 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
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Brands

Thar Commercial Finance operates multiple associated brands including Stone Brothers Funeral Home, Petrik Funeral Home, and Maid In Home. Each brand links to its own profile.

BrandDescriptionWebsite
Offers funeral care, cremations, and support for grieving families in Florida.stonebrothersfuneralhome.com
Offers individualized funeral services, cremation, personalization, and grief support in Bogota.petrikfuneralhome.com
Provides efficient residential cleaning, housekeeping, and janitorial services in Chicago.maidinhome.com
Provides solar panels, smart home tech, battery backups, and EV charging for residential energy.sunlyhome.com
Fungi-based prebiotics for customized gut health and microbiome enhancement.futurebiome.com
Operates an online learning platform for educational and skill-building content.adworldprime.com
Offers cleaning for homes, offices, rentals with flexible scheduling options.cleanerlivinghome.com
Provides an online portal for listing and browsing real estate properties.gohome.com.mo
Designs and sells distinctive home furnishings, lighting, and accessories using creative materials.reworkshome.com
Offers DIY rubber, vinyl, and exercise mats for home gyms and spaces.kieferhome.com
Offers a SaaS tool for project management tailored to game developers.streamframe.com
Provides cloud-based parental control solutions.focusme.com
Online discovery platform for women's multi-category fashion products.dresslikeme.com
Operates a professional social networking platform for real estate professionals.mewme.com
Offers an online metronome for musicians and learners.bestmetronome.com
A virtual closet platform for fashion enthusiasts to manage their wardrobe.123dressme.com
Provides comprehensive HVAC, electrical, and plumbing services for homes.americanvintagehome.com
Serves as a marketplace for stock photos and videos, connecting creators and buyers.dreamstime.com
1Dollar1Home is a crowdfunding platform supporting funds for social causes.1dollar1home.com
Real-time GPS tracking platform for athletes, spectators, and event organizers via apps.loctome.com
BlockchainMe is a tool for creating and managing verifiable IDs on the blockchain.blockchainme.com
A social platform to connect users and find potential roommates.crib-me.com
A mobile app for real-time communication and connectivity.talkagame.com
Enables users to gift drinks via text or email, redeemable instantly at participating pubs and bars.onefromme.com
Operates an online marketplace for booking local sports trainers and coaches.trainers4me.com
Date-me is a location-based mobile app designed for dating and connecting users.date-me.com
Free platform for browser-based games in action, puzzle, and multiplayer genres.vitogame.com
Offers professional funeral, memorial, aftercare, preplanning, and cremation services to families and individuals.bridgesfuneralhome.com
An independent company focused on developing innovative video games.zegome.com
Operates a digital retail platform for beauty care products, offering convenient online shopping.easybeautyme.com
Drive Ahead is a mobile game development company focused on racing and action games.driveaheadgame.com
Manages an e-commerce store for apparel, fabrics, and craft supplies.sewingsome.com
Delivers a game acceleration tool to enhance experiences for gamers.qaqgame.com
Provides reviews and information on unlicensed casinos for Spanish gambling enthusiasts.geeksme.com
Operates a marketplace connecting schools and universities with students for admissions.higheredme.com
Offers a photo sharing and collage creation app for users to connect and create.posome.com
Manufactures urine collection devices for male and female urinary incontinence.grdome.com
Offers bespoke fashion services tailored for women.modbyme.com
Free software tools for church worship planning and presentations.worshipextreme.com
Provides private genome sequencing, data delivery, and analysis tools for consumers.guardiome.com
Manages an e-commerce store specializing in women's lingerie.zeppleme.com
An optofluidic-based platform for immunodiagnostic solutions.liquilume.com
An online platform for grocery shopping and delivery.bagathome.com
Operates a group-based marketplace for home repairs and services.blueberryhome.com
A stylish brand offering home decor and furniture products.dazzlehome.com
Offers digital marketing, SEO, admin support, and business development services.vanatorassistme.com
Mobile platform for creating professional presentations.slideontime.com
Provides on-demand home cleaning services for convenient household maintenance.niuhome.com
Manages an e-commerce platform specializing in fast fashion jewelry.omgitsme.com
Neuro coaching programs help high performers optimize energy for better leadership.yo-me.com
Operates as an online retailer specializing in beauty products.betime.com.sg
Provides comprehensive solutions for crop nutrients to enhance agricultural productivity.ekozeme.com
Delivers telecommunication solutions tailored for healthcare providers.telemedhome.com
Website for copying and pasting emojis for social media use.emojiwithme.com
Online retailer of classic video games, consoles, and accessories worldwide.retrobitgame.com
Serves as a publisher of mobile games.gavegame.com
Offers a mobile-based puzzle game for user entertainment.signtistgame.com
Operates as an independent studio for game development and innovation.narcosis-the-game.com
Offers landscaping services for residential and commercial properties.grassrootssupreme.com
Provides a platform for comparing financial services and products.ynome.com
Operates a digital platform for booking diverse travel services efficiently.tripsome.com
Provides a platform with solutions for beauty salon professionals.appotime.com
Develops mobile games to help users build and maintain healthy habits.walkrgame.com
Operates an online brand specializing in DIY home decor products for creative consumers.modernmacrame.com
An online marketplace for booking rental residential properties is operated.spotahome.com
Supply-side platform and ad serving technologyfalkrealtime.com
Platform to integrate data and create custom mapsmapme.com
Family-friendly travel guides are curated for vacation planning.minitime.com
Online marketplace for home cleaning servicestidyme.com.au
Dialer and videoconferencing solutions are provided for sales teams.meetime.com.br
Web games with social value are developed by Funium.familyvillagegame.com
Plus-size swimwear, activewear, and lingerie for women are retailed online.alwaysforme.com
Online job portal is operated for UAE students and graduates.internsme.com
Epigenetic treatment solutions for cancer are provided.epizyme.com
A website platform for upcoming product launch details is operated.onme.com.br
Time usage across activities is tracked automatically by SmarterTime app.smartertime.com
Real-time data tracking and analysis are enabled via app platform.optonome.com
On-demand home nursingjaga-me.com
Online appointment scheduling softwarepicktime.com
Provider of collaboration tool for home designersjxjhome.com
Standalone home healthcare services are provided in Belgium.vivaltohome.com
A chain of hotels and resorts is operated in Italy.qcterme.com
Social betting platform for multiple sports is offered to users.omadagame.com
Provider of plant-based food ingredient alternativesingrediome.com
Home loans are provided to customers by Cher.cherahome.com
Automation platform for facility management and maintenance solutions is provided.btime.com.br
Blockchain-based NFT role-playing game with cryptocurrency challenges is offered.cryptothegame.com
Manufacturer of blankets, sheets, bed pillows, and moreshopcbdhome.com
App-based betting platformgetsportsme.com
Home textiles are retailed online by Ienjoy Home.ienjoyhome.com
eSports gaming, betting, and marketplace trading are enabled online.vpgame.com

Business activity

The main business activity of Thar Commercial Finance is financial and insurance service. In detail, this covers other financial activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK8Other financial activities

To see the full business activity and turnover split of Thar Commercial Finance Private Limited, buy the company report.

Financials of Thar Commercial Finance Private Limited

FY 2025 filings available

Thar Commercial Finance Private Limited reported revenue of ₹55.98 Cr (up 7% YoY) for FY 2025.

Revenue · FY 2025
₹55.98 Cr ▲ 7%
Net profit · FY 2025
₹5.93 Cr margin 10.6%
EBITDA · FY 2025
₹48.21 Cr margin 86.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 8%
5 years · compounded
▲ 1%

Revenue has grown at a compounded annual rate (CAGR) of 9% over three years, including 7% growth in the latest year. EBITDA rose 3% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹48.21 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹5.93 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin86.1%
Net Profit Margin10.6%
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 Thar Commercial Finance Private Limited, buy the company report.

Board of directors of Thar Commercial Finance Private Limited

Thar Commercial Finance has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Yatin Ajitrai MankadDirector10 May 20215 Years 5 MonthsCurrent
Vivek Jayesh TharDirector21 Feb 201511 Years 8 MonthsCurrent
Chintan Hitendra ShahDirector21 Jan 20197 Years 9 MonthsCurrent

Peer comparison

Thar Commercial Finance Private Limited is compared with the 8 companies closest to it by revenue in the BFSI industry (Finance, Large NBFC, NBFC Investment and Credit Companies), with the same principal business activity (other financial activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Sakhi Barter Pvt Ltd₹56.92 Cr (FY 2025)-54.0%Kolkata, West Bengal, India
LNJ Financial Services Limited₹56.56 Cr (FY 2019)569.0%Gurgaon, Haryana, India
Finquest Financial Solutions Private Limited₹56.37 Cr (FY 2024)2349.0%Mumbai, Maharashtra, India
Thar Commercial Finance Private Limitedthis company₹55.98 Cr (FY 2025)₹5.93 Cr10.6%7.0%Mumbai, Maharashtra, India
Adventz Finance Private Limited₹55.75 Cr (FY 2019)-22.0%Kolkata, West Bengal, India
Tamilnadu Urban Finance and Infrastructure Development Corporation Limited₹55.74 Cr (FY 2024)-18.0%Chennai, Tamil Nadu, India
Abs Portfolio Pvt Ltd₹55.57 Cr (FY 2025)1646.0%Kolkata, West Bengal, India
Sicom Limited₹55.2 Cr (FY 2025)-43.0%Mumbai, Maharashtra, India
Iti Credit Limited₹55.1 Cr (FY 2025)110.0%Mumbai, Maharashtra, India

To see the full peer comparison of Thar Commercial Finance Private Limited, buy the company report.

Auditor

Thar Commercial Finance Private Limited is audited by Sinha Purohit & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Sinha Purohit & AssociatesFY 2023145365W

Shareholding

The shareholding of Thar Commercial Finance 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 categoryFY 2023FY 2022FY 2021FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Thar Commercial Finance Private Limited, buy the company report.

Charges & borrowings

Open charges
₹30 Cr
Satisfied charges
₹5 Cr
Breakdown by lending institutions
State Bank of India₹20.00 Cr
Others₹10.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
13 Mar 2024100893392Others₹10 CrOpen
30 Aug 2022100608677State Bank of India₹20 CrOpen
28 Jun 2019100277022Others₹5 CrSatisfied

To see the full charge records of Thar Commercial Finance Private Limited, buy the company report.

Total charge records: 3 View all charges

Deals & funding

Thar Commercial Finance Private Limited has 12 deals on record (4 debt financings, 4 rights issues, 2 secondary share transfers), with disclosed funding of ₹529.45 Cr; the latest was in March 2021.

Total deals
12
Debt financings
4
Rights issues
4
Secondary share transfers
2
Funding round
1
Disclosed funding
₹529.45 Cr

Deals on record (5 of 12)

WhenDealAmountParties
Oct 2019Debt financing₹87.14 CrInvestors: Royal Management Consultancy Private Limited , Kyta Advisors Private Limited , D. K. Realty (India) Private Limited
Mar 2019Rights issue₹64 CrInvestors: JRT Holdings LLP
Jan 2019Secondary share transferUndisclosedBuyer: JRT Holdings LLP
Seller: 3 individuals
Mar 2018Debt financing₹169.92 CrInvestors: Darshan Developers Private Limited , Keemaya Projects LLP, Rajen Skycapers Private Limited
Apr 2017Debt financing₹79.44 CrInvestors: D. K. Realty (India) Private Limited , Darshan Developers Private Limited , Scarlette Trading & Services Private Limited

To see the full deal history of Thar Commercial Finance Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Thar Commercial Finance Private Limited was last rated by Icra on 20 Apr 2021.

Rating agencyRated onRating
Icra20 Apr 2021

To see the full credit ratings and regulatory alerts of Thar Commercial Finance Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Thar Commercial Finance Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Thar Commercial Finance has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AABCI9290C2ZIMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Thar Commercial Finance Private Limited, buy the company report.

Recent activity

Thar Commercial Finance Private Limited has 19 board changes on record since 2008: 11 appointments and 8 cessations. The latest: Anantharaman Gopalakrishnan ceased to be Director on 01 Jun 2023.

AGM
Thar Commercial Finance Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Thar Commercial Finance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100893392 was registered on 13 Mar 2024.
Charges
A charge registered on 28 Jun 2019 via Charge ID 100277022 with Others was fully satisfied on 01 Jun 2023.
Ceased
Anantharaman Gopalakrishnan ceased to be Director.
Charges
A charge with State Bank Of India amounted to Rs. 20.00 Cr with Charge ID 100608677 was registered on 30 Aug 2022.
Appointed
Anantharaman Gopalakrishnan was appointed as Director.
Appointed
Yatin Ajitrai Mankad was appointed as Director.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100277022 was registered on 28 Jun 2019.
Ceased
Jitendra Natwarlal Shah ceased to be Director.
Ceased
Sitaram Yeshwant Sankhe ceased to be Director.
Appointed
Chintan Hitendra Shah was appointed as Director.

14 earlier events are in the company report.

Frequently asked questions

Thar Commercial Finance 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 25 July 2008 (18+ years old) and is registered under CIN U65999MH2008PTC185082.

Thar Commercial Finance has 3 current directors:

The latest financial statements of Thar Commercial Finance on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Thar Commercial Finance is 27AABCI9290C2ZI, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Thar Commercial Finance is U65999MH2008PTC185082. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Thar Commercial Finance has 26 court cases on record: 21 filed by the company and 5 filed against it. 18 are pending. Most are in the district courts.

Thar Commercial Finance was incorporated on 25 July 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.

Thar Commercial Finance has 12 deals on record (4 debt financings, 4 rights issues, 2 secondary share transfers), with disclosed funding of ₹529.45 Cr; the latest was in March 2021.

The peers of Thar Commercial Finance by revenue are Sakhi Barter Pvt Ltd, LNJ Financial Services Limited, Finquest Financial Solutions Private Limited, Adventz Finance Private Limited, Tamilnadu Urban Finance and Infrastructure Development Corporation Limited and 3 more, all in the BFSI industry (Finance, Large NBFC, NBFC Investment and Credit Companies), with the same principal business activity (other financial activities).

Anantharaman Gopalakrishnan ceased to be Director on 01 Jun 2023. Anantharaman Gopalakrishnan was appointed as Director on 08 Jul 2022. Yatin Ajitrai Mankad was appointed as Director on 10 May 2021. Thar Commercial Finance has 19 board changes on record in total.

Yes, Thar Commercial Finance is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0066743).