Kemfin Services Private Limited
About Kemfin Services Private Limited
Data last updated:
Kemfin Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 06 May 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65910KA1991PTC011939. Its GSTIN is 29AAACK6926E1ZH (Karnataka). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹110.25 Cr and a paid-up capital of ₹76.04 Cr. It is led by directors including Karan Bagaria and Shree Narayan Basaniwal.
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Kemwell Houseno.11 Tumkur Road Bangalore, Karnataka, India – 560022.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.17 Cr, a decline of 61% compared to the previous year. For the same year it recorded a net profit of ₹11.41 Cr (net margin 70.5%) and EBITDA of ₹14.84 Cr (EBITDA margin 91.7%). Revenue has declined at a compounded annual rate (CAGR) of 74% over three years and 34% over five years.
Court records list 8 cases involving the company, including 7 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Kemfin Services Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressKemwell Houseno.11 Tumkur Road Bangalore, Karnataka, India – 560022
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Kemfin 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 activity of Kemfin Services 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 Kemfin Services Private Limited, buy the company report.
Financials of Kemfin Services Private Limited
FY 2024 filings availableKemfin Services Private Limited reported revenue of ₹16.17 Cr (down 61% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 34% over five years, including a 61% fall in the latest year. EBITDA fell 6% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹14.84 Cr | ||||
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| Net Profit (PAT) | ₹11.41 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 91.7% | ||||
| Net Profit Margin | 70.5% | ||||
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To see the full financial statements and ratios of Kemfin Services Private Limited, buy the company report.
Board of directors of Kemfin Services Private Limited
Kemfin 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 |
|---|---|---|---|---|
| Karan Bagaria | Director | 01 Jun 2017 | 9 Years 5 Months | Current |
| Shree Narayan Basaniwal | Director | 28 Aug 2000 | 26 Years 2 Months | Current |
| Nav Ratan Banthia | Director | 25 Sep 2006 | 20 Years 1 Months | Current |
Auditor
Kemfin Services Private Limited is audited by P. V. Ramana Reddy & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P. V. Ramana Reddy & Co | FY 2023 | 0071565 |
Shareholding
The shareholding of Kemfin Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions and public shareholders.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public |
To see the full shareholding pattern of Kemfin Services Private Limited, buy the company report.
Legal cases
Kemfin Services Private Limited has 8 court cases on record: 7 filed by Kemfin Services, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against an individual | Disposed |
| Supreme Court | Court case (Special Leave Petition (Criminal)) | Filed against the company by Income Tax Department | Disposed |
| High Court of Karnataka | Court case (CRL.P) | Filed by the company against The Income Tax Department | Disposed |
| High Court of Karnataka | Tax appeal | Filed by the company against The Assistant Commissioner of Income Tax | Disposed |
| High Court of Karnataka | Interim or miscellaneous application | Filed by the company against The Assistant Commissioner | Disposed |
To see the full case history of Kemfin Services Private 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 Kemfin Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kemfin Services has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACK6926E1ZH | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kemfin Services Private Limited, buy the company report.
Recent activity
Kemfin Services Private Limited has 5 board changes on record since 2000: 4 appointments and 1 cessation. The latest: Anuradha Chandrakant Shanbhag was appointed as Company Secretary on 02 Mar 2020.
Frequently asked questions
Kemfin Services is an active private limited company based in Bangalore, Karnataka, India. The company works in nbfc, within the financial services industry. It was incorporated on 06 May 1991 (35+ years old) and is registered under CIN U65910KA1991PTC011939.
Kemfin Services has 3 current directors:
- Karan Bagaria - Director
- Shree Narayan Basaniwal - Director
- Nav Ratan Banthia - Director
The latest financial statements of Kemfin Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Kemfin Services is 29AAACK6926E1ZH, registered in Karnataka. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Kemfin Services is U65910KA1991PTC011939. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kemfin Services has 8 court cases on record: 7 filed by the company and 1 filed against it. Most are in the high courts.
Kemfin Services was incorporated on 06 May 1991, making it 35+ years old. It is registered with the Registrar of Companies, Bangalore.
Anuradha Chandrakant Shanbhag was appointed as Company Secretary on 02 Mar 2020. Karan Bagaria ceased to be Additional Director on 14 Sep 2017. Karan Bagaria was appointed as Director on 01 Jun 2017. Kemfin Services has 5 board changes on record in total.
The registered office of Kemfin Services is at Kemwell Houseno.11 Tumkur Road Bangalore, Karnataka, India – 560022.
Kemfin Services operates in the financial services industry, in the nbfc segment.
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