India's Richest People 2026 edition · 2 directors · Source: Hurun India
- #1,113 Malav Rajen Shah ₹2,300 Cr
- #1,174 Binoy Rajen Shah ₹2,100 Cr
Jinseva Foundation
Jinseva Foundation - business services in Mumbai, Maharashtra, India. Directors, charges & compliance details.
Active Private Not For Profit Company
Revenue · FY 2025
₹16.3 Lakh
▼ 81% YoY
Net profit · FY 2025
₹6,478
Net margin 0.4%
EBITDA · FY 2025
₹6,478
EBITDA margin 0.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
3 yrs
Est. 2023
Directors on board
3
As per MCA filings
Last financials
Mar 2025
Balance sheet date
About Jinseva Foundation
Data last updated:
Jinseva Foundation is a private not for profit company based in Mumbai, Maharashtra, India. It was incorporated on 21 November 2023.
Its director Malav Rajen Shah is #1,113 among India's richest people (2026). Its director Binoy Rajen Shah is #1,174 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U88900MH2023NPL414145.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Rajen Kirtilal Shah and Binoy Rajen Shah.
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 ₹16.3 Lakh, a decline of 81% compared to the previous year. For the same year it recorded a net profit of ₹6,478 (net margin 0.4%) and EBITDA of ₹6,478 (EBITDA margin 0.4%).
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U88900MH2023NPL414145
Registration Number 414145
Incorporation Date 21 November 2023
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
Recognitions & Rankings of Jinseva Foundation
Contact details
Jinseva Foundation's registered office is in Mumbai, Maharashtra.
- Registered Address401 Floor – 4th Plot – 17, Laxmi Chs Vachha Gandhi M, Mumbai, Maharashtra, India – 400007
Comprehensive company report
Jinseva Foundation - 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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Business activity
The main business activity of Jinseva Foundation is public services by government agencies. In detail, this covers regulation of healthcare, education, cultural and other social services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| O | Public Services by Government agencies | O2 | Regulation of healthcare, education, cultural and other social services |
To see the full business activity and turnover split of Jinseva Foundation, buy the company report.
Financials of Jinseva Foundation
FY 2025 filings availableJinseva Foundation reported revenue of ₹16.3 Lakh (down 81% YoY) for FY 2025.
Revenue · FY 2025
₹16.3 Lakh ▼ 81%
Net profit · FY 2025
₹6,478 margin 0.4%
EBITDA · FY 2025
₹6,478 margin 0.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 81%
EBITDA CAGR growth
1 year
▲ 107%
Revenue fell 81% in the latest year. EBITDA rose 107% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| 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 | ₹6,478 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹6,478 | |
| 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
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 0.4% | |
| Net Profit Margin | 0.4% | |
| 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 Jinseva Foundation, buy the company report.
Board of directors of Jinseva Foundation
Jinseva Foundation has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajen Kirtilal Shah Also directs: Ermelli Private Limited, House of BNM Private Limited | Director | 21 Nov 2023 | 2 Years 11 Months | Current |
| Binoy Rajen Shah | Director | 21 Nov 2023 | 2 Years 11 Months | Current |
| Malav Rajen Shah | Director | 21 Nov 2023 | 2 Years 11 Months | Current |
Peer comparison
Jinseva Foundation is compared with the 10 companies closest to it by revenue in the same principal business activity (regulation of healthcare, education, cultural and other social services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Damesai (OPC) Private Limited | ₹16.87 Lakh (FY 2023) | -10.0% | New Delhi, Delhi, India | |||
| Good Wave Foundation | ₹16.76 Lakh (FY 2025) | 107.0% | Mumbai, Maharashtra, India | |||
| Home Healthways India Private Limited | ₹16.62 Lakh (FY 2017) | New Delhi, Delhi, India | ||||
| Mil Ke Chalo Association | ₹16.5 Lakh (FY 2025) | 12.0% | Jalgaon, Maharashtra, India | |||
| Mumukshu Charitable Organisation | ₹16.39 Lakh (FY 2025) | -92.0% | Ghaziabad, Uttar Pradesh, India | |||
| Jinseva Foundationthis company | ₹16.3 Lakh (FY 2025) | ₹6,478 | 0.4% | -81.0% | Mumbai, Maharashtra, India | |
| Sant Manas Bhushan Foundation | ₹16 Lakh (FY 2025) | 11.0% | Chitrakoot, Madhya Pradesh, India | |||
| Sankalpa Seva Pratisthan Foundation | ₹15.96 Lakh (FY 2021) | 12173.0% | Durgapur, West Bengal, India | |||
| Eduiit Education Private Limited | ₹15.78 Lakh (FY 2025) | -16.0% | Ranchi, Jharkhand, India | |||
| Saad Charitable Foundation | ₹15.51 Lakh (FY 2024) | 145.0% | Mumbai, Maharashtra, India | |||
| Nirantar Prayaaswelfare Foundation | ₹15.37 Lakh (FY 2025) | 8.0% | Noida, Uttar Pradesh, India |
To see the full peer comparison of Jinseva Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Jinseva Foundation 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 Jinseva Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Jinseva Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Jinseva Foundation has 3 board changes on record since 2023: 3 appointments. The latest: Binoy Rajen Shah was appointed as Director on 21 Nov 2023.
AGM
Jinseva Foundation last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Jinseva Foundation has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Binoy Rajen Shah was appointed as Director.
Appointed
Malav Rajen Shah was appointed as Director.
Appointed
Rajen Kirtilal Shah was appointed as Director.
Incorporation
21 Nov 2023
Jinseva Foundation was registered on 21 Nov 2023 with Roc Mumbai I & aged 2 years 11 months as per MCA records.
Frequently asked questions
Jinseva Foundation is an active private not for profit company based in Mumbai, Maharashtra, India. It was incorporated on 21 November 2023 (3+ years old) and is registered under CIN U88900MH2023NPL414145.
Jinseva Foundation has 3 current directors:
- Rajen Kirtilal Shah - Director
- Binoy Rajen Shah - Director
- Malav Rajen Shah - Director
The latest financial statements of Jinseva Foundation 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 FY 2024 are in the company report.
The CIN (Corporate Identification Number) of Jinseva Foundation is U88900MH2023NPL414145. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jinseva Foundation was incorporated on 21 November 2023, making it 3+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Jinseva Foundation by revenue are Damesai (OPC) Private Limited, Good Wave Foundation, Home Healthways India Private Limited, Mil Ke Chalo Association, Mumukshu Charitable Organisation and 5 more, all in the same principal business activity (regulation of healthcare, education, cultural and other social services).
Binoy Rajen Shah was appointed as Director on 21 Nov 2023. Malav Rajen Shah was appointed as Director on 21 Nov 2023. Rajen Kirtilal Shah was appointed as Director on 21 Nov 2023.
The registered office of Jinseva Foundation is at 401 Floor – 4th Plot – 17, Laxmi Chs Vachha Gandhi M, Mumbai, Maharashtra, India – 400007.
The compliance status of Jinseva Foundation is compliant as of 11 August 2026. The company is actively filing with the Registrar of Companies.
Jinseva Foundation can be reached at its registered office: 401 Floor – 4th Plot – 17, Laxmi Chs Vachha Gandhi M, Mumbai, Maharashtra, India – 400007.
Jinseva Foundation is registered under the jurisdiction of the Registrar of Companies (ROC), Mumbai.
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