About Kovid Finance Private Limited
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Kovid Finance Private Limited is a private limited company based in Kota, Rajasthan, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 03 February 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U67120RJ1993PTC007199.
The company has an authorised share capital of ₹85 Lakh and a paid-up capital of ₹50.76 Lakh. It was formerly known as Alfa Rasayan Pvt Ltd. It is led by directors including Sonia Jain and Virendra Jain.
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 Prakash Deep 410 Shopping Center, Kota, Rajasthan, India – 324007.
As per the financials filed for FY 2024, the company reported a revenue of ₹45.84 Lakh, a decline of 4% compared to the previous year. For the same year it recorded a net loss of ₹15.8 Lakh (net margin -34.5%) and EBITDA of -₹14.16 Lakh (EBITDA margin -30.9%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 4% over five years.
As per MCA filings, the company has satisfied charges of ₹43 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pandyagroup.com.
Company details
Contact details
Kovid Finance Private Limited's registered office is in Kota, Rajasthan. Its website is pandyagroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPrakash Deep 410 Shopping Center, Kota, Rajasthan, India – 324007
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Kovid Finance 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 Kovid Finance is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Kovid Finance Private Limited, buy the company report.
Financials of Kovid Finance Private Limited
FY 2024 filings availableKovid Finance Private Limited reported revenue of ₹45.84 Lakh (down 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 4% fall in the latest year. EBITDA fell 352% 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 | -₹14.16 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹15.8 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -30.9% | ||||
| Net Profit Margin | -34.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Kovid Finance Private Limited, buy the company report.
Board of directors of Kovid Finance Private Limited
Kovid Finance has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sonia Jain Also directs: Trafco Agencies Pvt Ltd | Director | 20 Sep 1997 | 29 Years 1 Months | Current |
| Virendra Jain | Director | 03 Feb 1993 | 33 Years 9 Months | Current |
| Kovid Jain Also directs: Trafco Agencies Pvt Ltd | Director | 22 Jul 2019 | 7 Years 3 Months | Current |
| Shakuntala Devi Jain | Director | 20 Sep 1997 | 29 Years 1 Months | Current |
Peer comparison
Kovid Finance Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Finance, NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Monika Motor and Housing Finance Private Limited | ₹45.92 Lakh (FY 2025) | 1.0% | Uttar Pradesh, India | |||
| Rahagir Trades & Finance Pvt. Ltd. | ₹45.87 Lakh (FY 2025) | 64.0% | Kolkata, West Bengal, India | |||
| Kovid Finance Private Limitedthis company | ₹45.84 Lakh (FY 2024) | -₹15.8 Lakh | -34.5% | -4.0% | Kota, Rajasthan, India | |
| Hamdum Finance Company Private Limited | ₹45.83 Lakh (FY 2025) | 25.0% | Jammu and Kashmir, India | |||
| Imtihan Distributors Pvt.Ltd. | ₹45.81 Lakh (FY 2025) | -2.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Kovid Finance Private Limited, buy the company report.
Auditor
Kovid Finance Private Limited is audited by SANDEEP BAKLIWAL & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANDEEP BAKLIWAL & CO. | FY 2023 | 011134C |
Shareholding
The shareholding of Kovid 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 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 Kovid Finance Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jan 2008 | 10085571 | Axis Bank Limited | ₹25 Lakh | Satisfied | |
| 08 Mar 2004 | 90074123 | Rajasthan Financial Corp. | ₹18 Lakh | Satisfied |
To see the full charge records of Kovid Finance Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Kovid Finance Private Limited has 1 court case on record: 1 filed by Kovid Finance. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against State | Disposed |
To see the full case history of Kovid Finance 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 Kovid Finance Private Limited; 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 Kovid Finance Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Kovid Finance Private Limited has 5 board changes on record since 1993: 4 appointments and 1 cessation. The latest: Kovid Jain was appointed as Director on 22 Jul 2019.
Frequently asked questions
Kovid Finance is an active private limited company based in Kota, Rajasthan, India. The company works in nbfc, within the financial services industry. It was incorporated on 03 February 1993 (33+ years old) and is registered under CIN U67120RJ1993PTC007199.
Kovid Finance has 4 current directors:
- Sonia Jain - Director
- Virendra Jain - Director
- Kovid Jain - Director
- Shakuntala Devi Jain - Director
The latest financial statements of Kovid Finance 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 CIN (Corporate Identification Number) of Kovid Finance is U67120RJ1993PTC007199. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kovid Finance has 1 court case on record: 1 filed by the company.
Kovid Finance was incorporated on 03 February 1993, making it 33+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Kovid Finance by revenue are Monika Motor and Housing Finance Private Limited, Rahagir Trades & Finance Pvt. Ltd, Hamdum Finance Company Private Limited, Imtihan Distributors Pvt.Ltd, all in the BFSI industry (Finance, NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Kovid Jain was appointed as Director on 22 Jul 2019. Devendra Kumar Pandya ceased to be Director on 10 May 2019. Shakuntala Devi Jain was appointed as Director on 20 Sep 1997. Kovid Finance has 5 board changes on record in total.
Kovid Finance can be reached through the website pandyagroup.com. Its registered office is in Kota, Rajasthan, India.
The registered office of Kovid Finance is at Prakash Deep 410 Shopping Center, Kota, Rajasthan, India – 324007.
Kovid Finance operates in the financial services industry, in the nbfc segment.
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