About Kaynet Finance Limited
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Kaynet Finance Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the financial exchanges segment of the financial services sector. It was incorporated on 31 January 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH1994PLC076321. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5.5 Cr and a paid-up capital of ₹1.13 Cr. It was formerly known as Kaynet Finance Private Limited. It is led by directors including Sanjay Arvind Shah (Whole-Time Director) and Shankar Pandurang Mane.
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 24B 1st Floor Khatau Building A.D.Modi Marg Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.38 Lakh. For the same year it recorded a net profit of ₹2.38 Lakh (net margin 100%) and EBITDA of ₹2.38 Lakh (EBITDA margin 100%). Revenue has declined at a compounded annual rate (CAGR) of 74% over three years and 60% over five years.
The company has about 19 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10.55 Cr on record. Court records list 90 cases involving the company, including 39 filed by the company and 51 filed against it; 27 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website kaynetgroup.com.
Company details
CIN history
Kaynet Finance has one previous CIN (Corporate Identification Number): U99999MH1994PTC076321. The current CIN is U99999MH1994PLC076321, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U99999MH1994PLC076321 | Current |
| U99999MH1994PTC076321 | Previous |
Contact details
Kaynet Finance Limited's registered office is in Mumbai, Maharashtra. Its website is kaynetgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address24B 1st Floor Khatau Building A.D.Modi Marg Fort, Mumbai, Maharashtra, India – 400001
- IndustryFinancial Services, Financial Exchanges
To see the full contact details of Kaynet Finance 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
Financials of Kaynet Finance Limited
FY 2025 filings availableKaynet Finance Limited reported revenue of ₹2.38 Lakh for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 60% over five years. 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 | ₹2.38 Lakh | ||||
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| Net Profit (PAT) | ₹2.38 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 100% | ||||
| Net Profit Margin | 100% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Kaynet Finance Limited, buy the company report.
Board of directors of Kaynet Finance Limited
Kaynet Finance has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shankar Pandurang Mane Also directs: Kaynet Capital Limited | Director | 09 Apr 2009 | 17 Years 6 Months | Current |
| Amit Arvindkumar Shah Also directs: Kaynet Capital Limited | Additional Director | 31 Dec 2021 | 4 Years 10 Months | Current |
| Sanjay Arvind Shah | Whole-Time Director | 30 Mar 2006 | 20 Years 7 Months | Current |
| Paresh Arvindlal Shah | Director | 01 Oct 2010 | 16 Years 0 Months | Current |
Peer comparison
Kaynet Finance Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Finance, Stock and Commodity Exchanges), with the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| MNS Global Finance Private Limited | ₹2.4 Lakh (FY 2025) | New Delhi, Delhi, India | ||||
| Vadipatti Finance Private Limited | ₹2.4 Lakh (FY 2019) | Vadipatti, Tamil Nadu, India | ||||
| Silesh Finance Company Private Limited | ₹2.39 Lakh (FY 2024) | 4.0% | Tamil Nadu, India | |||
| Kaynet Finance Limitedthis company | ₹2.38 Lakh (FY 2025) | ₹2.38 Lakh | 100% | 19 | Mumbai, Maharashtra, India | |
| Jayant Security and Finance Limited | ₹2.37 Lakh (FY 2025) | -99.0% | Vadodara, Gujarat, India |
To see the full peer comparison of Kaynet Finance Limited, buy the company report.
Auditor
Kaynet Finance Limited is audited by P R GUJARATHI & COMPANY for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P R GUJARATHI & COMPANY | FY 2021 | 144218W |
Shareholding
The shareholding of Kaynet Finance Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Kaynet Finance Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Apr 2016 | 100026342 | Hdfc Bank Limited | ₹7 Cr | Open | |
| 31 Oct 2014 | 10532742 | Icici Bank Limited | ₹42 Lakh | Open | |
| 06 Aug 2013 | 10447515 | ₹3.13 Cr | Open |
To see the full charge records of Kaynet Finance Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Kaynet Finance Limited has 90 court cases on record: 39 filed by Kaynet Finance, 51 filed against it. 27 cases are pending and 63 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 58 | 35 | 20 |
| High courts | 26 | 15 | 7 |
| Supreme Court | 4 | 1 | 0 |
| NCLAT | 2 | 0 | 0 |
Cases on record (5 of 90)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Kaynet Capital Limited and 2 others | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed against the company by National Stock Exchange of India Ltd | Pending |
| High Court | Commercial suit | Filed against the company by National Stock Exchange of India Ltd | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against National Stock Exchange of India Limited and 2 others | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed against the company by Verona Capital Ltd. | Pending |
To see the full case history of Kaynet Finance Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Kaynet Finance Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kaynet Finance Limited has a workforce of 19 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Kaynet Finance has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Kaynet Finance Limited, buy the company report.
Recent activity
Kaynet Finance Limited has 10 board changes on record since 2006: 4 appointments and 6 cessations. The latest: Amit Arvindkumar Shah was appointed as Additional Director on 31 Dec 2021.
6 earlier events are in the company report.
Frequently asked questions
Kaynet Finance is an active public limited company based in Mumbai, Maharashtra, India. The company works in financial exchanges, within the financial services industry. It was incorporated on 31 January 1994 (32+ years old) and is registered under CIN U99999MH1994PLC076321.
Kaynet Finance has 4 current directors:
- Sanjay Arvind Shah - Whole-Time Director
- Shankar Pandurang Mane - Director
- Amit Arvindkumar Shah - Additional Director
- Paresh Arvindlal Shah - Director
The latest financial statements of Kaynet 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.
No. Kaynet Finance has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Kaynet Finance is U99999MH1994PLC076321. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kaynet Finance has 90 court cases on record: 39 filed by the company and 51 filed against it. 27 are pending. Most are in the district courts.
Kaynet Finance was incorporated on 31 January 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Kaynet Finance by revenue are MNS Global Finance Private Limited, Vadipatti Finance Private Limited, Silesh Finance Company Private Limited, Jayant Security and Finance Limited, all in the BFSI industry (Finance, Stock and Commodity Exchanges), with the same principal business activity (financial advisory, brokerage and consultancy services).
Amit Arvindkumar Shah was appointed as Additional Director on 31 Dec 2021. Chetan Ajitkumar Shah ceased to be Director on 31 Dec 2021. Shankar Pandurang Mane ceased to be Director on 07 Dec 2019. Kaynet Finance has 10 board changes on record in total.
Kaynet Finance can be reached through the website kaynetgroup.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Kaynet Finance is at 24B 1st Floor Khatau Building A.D.Modi Marg Fort, Mumbai, Maharashtra, India – 400001.
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