India's Richest People 2026 edition · 1 director · Source: Hurun India
- #666 Himanshu Jayantilal Shah & family ₹4,800 Cr
Krone Finstock Private Limited
Krone Finstock Private Limited - financial services in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Active Private Limited Company financial services
Revenue · FY 2025
₹53.84 Cr
▼ 51% YoY
Net profit · FY 2025
₹32.24 Cr
Net margin 59.9%
EBITDA · FY 2025
₹49.37 Cr
EBITDA margin 91.7%
Authorised capital
₹26 Cr
Registered with MCA
Paid-up capital
₹25.34 Cr
Issued & subscribed
Company age
19 yrs
Est. 2007
Directors on board
2
As per MCA filings
Last financials
Mar 2025
Balance sheet date
About Krone Finstock Private Limited
Data last updated:
Krone Finstock Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 18 January 2007 and has been in existence for over 19 years.
Its director Himanshu Jayantilal Shah and family are #666 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U65993GJ2007PTC049803.
The company has an authorised share capital of ₹26 Cr and a paid-up capital of ₹25.34 Cr. It is led by directors Bankim Jayantilal Shah and Himansu Jayantilal 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 Monarch House Nr. Ishwar Bhuvan Cross Road Nr. Commerce Six Road Navarangpura, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2025, the company reported a revenue of ₹53.84 Cr, a decline of 51% compared to the previous year. For the same year it recorded a net profit of ₹32.24 Cr (net margin 59.9%) and EBITDA of ₹49.37 Cr (EBITDA margin 91.7%). Revenue has grown at a compounded annual rate (CAGR) of 221% over three years and 64% over five years.
Court records list 22 cases involving the company, including 6 filed by the company and 16 filed against it; 9 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U65993GJ2007PTC049803
Registration Number 049803
Incorporation Date 18 January 2007
ROC Ahmedabad
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 Krone Finstock
Contact details
Krone Finstock Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressMonarch House Nr. Ishwar Bhuvan Cross Road Nr. Commerce Six Road Navarangpura, Ahmedabad, Gujarat, India – 380009
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Krone Finstock Private Limited, buy the company report.
Comprehensive company report
Krone Finstock 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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Business activity
The main business activity of Krone Finstock 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 Krone Finstock Private Limited, buy the company report.
Financials of Krone Finstock Private Limited
FY 2025 filings availableKrone Finstock Private Limited reported revenue of ₹53.84 Cr (down 51% YoY) for FY 2025.
Revenue · FY 2025
₹53.84 Cr ▼ 51%
Net profit · FY 2025
₹32.24 Cr margin 59.9%
EBITDA · FY 2025
₹49.37 Cr margin 91.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 51%
3 years · compounded
▲ 221%
5 years · compounded
▲ 64%
EBITDA CAGR growth
1 year
▼ 14%
3 years · compounded
▲ 299%
5 years · compounded
▲ 77%
Revenue fell 51% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 64%. EBITDA fell 14% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹53.84 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹49.37 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹32.24 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 91.7% | ||||
| Net Profit Margin | 59.9% | ||||
| 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 Krone Finstock Private Limited, buy the company report.
Board of directors of Krone Finstock Private Limited
Krone Finstock has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bankim Jayantilal Shah Also directs: Ademon Infra LLP, Maruti Koatsu Cylinders Limited, Yantra Esolarindia Private Limited and 5 more | Director | 18 Jan 2007 | 19 Years 9 Months | Current |
| Himansu Jayantilal Shah Also directs: Yantra Esolarindia Private Limited, Savvy Realty and Infrastructure Private Limited, Monarch Comtrade Private Limited and 5 more | Director | 21 Oct 2015 | 11 Years 0 Months | Current |
Peer comparison
Krone Finstock Private Limited is compared with the 8 companies closest to it by revenue in the BFSI industry (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 |
|---|---|---|---|---|---|---|
| Idf Financial Services Private Limited | ₹54.62 Cr (FY 2025) | 11.0% | Bangalore, Karnataka, India | |||
| Amritkunj Capital Markets Ltd | ₹54.17 Cr (FY 2025) | -35.0% | Kolkata, West Bengal, India | |||
| Hindusthan Microfinance Private Limited | ₹54.1 Cr (FY 2025) | 19.0% | Mumbai, Maharashtra, India | |||
| Krone Finstock Private Limitedthis company | ₹53.84 Cr (FY 2025) | ₹32.24 Cr | 59.9% | -51.0% | Ahmedabad, Gujarat, India | |
| TMF Business Services Limited | ₹53.47 Cr (FY 2025) | -4.0% | Mumbai, Maharashtra, India | |||
| Snapmint Financial Services Private Limited | ₹53.33 Cr (FY 2024) | 122.0% | Mumbai, Maharashtra, India | |||
| Bhansali Fincom Pvt Ltd | ₹53.14 Cr (FY 2024) | 508.0% | Kolkata, West Bengal, India | |||
| Goldrock Travels Pvt Ltd | ₹52.9 Cr (FY 2025) | 18.0% | Kolkata, West Bengal, India | |||
| Best Capital Services Limited | ₹52.77 Cr (FY 2024) | 100.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Krone Finstock Private Limited, buy the company report.
Auditor
Krone Finstock Private Limited is audited by Umangi Bhavsar & Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Umangi Bhavsar & Associates | FY 2024 | 190282 |
Shareholding
The shareholding of Krone Finstock Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Krone Finstock Private Limited, buy the company report.
Legal cases
Krone Finstock Private Limited has 22 court cases on record: 6 filed by Krone Finstock, 16 filed against it. 9 cases are pending and 13 are disposed.
Total cases
22
Filed by the company
6
Filed against the company
16
Pending
9
Disposed
13
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 13 | 12 | 7 |
| District courts | 5 | 1 | 2 |
| High courts | 3 | 3 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Krrish Realtech Private Limited and 2 others | Pending |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed by the company against Krrish Realtech Private Limited and 2 others | Pending |
| District court, Ahmedabad, Gujarat | Criminal miscellaneous application | Filed by the company against Krrish Realtech Private Limited | Disposed |
| NCLAT, Company Appeal(AT)(Ins) | Insolvency matter | Filed against the company by Sanjay Saihgal Suspended Director of Deccan Charters Private Limited | Disposed |
| NCLAT, Interlocutory Application | Interim or miscellaneous application | Filed against the company by Sanjay Saihgal Suspended Director of Deccan Charters Private Limited | Disposed |
To see the full case history of Krone Finstock 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 Krone Finstock 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 Krone Finstock Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Krone Finstock Private Limited has 3 board changes on record since 2007: 2 appointments and 1 cessation. The latest: Himansu Jayantilal Shah was appointed as Director on 21 Oct 2015.
AGM
Krone Finstock Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Krone Finstock Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Himansu Jayantilal Shah was appointed as Director.
Ceased
Vaibhav Jayantilal Shah ceased to be Director.
Appointed
Bankim Jayantilal Shah was appointed as Director.
Incorporation
18 Jan 2007
Krone Finstock Private Limited was registered on 18 Jan 2007 with Roc Ahmedabad & aged 19 years 9 months as per MCA records.
Frequently asked questions
Krone Finstock is an active private limited company based in Ahmedabad, Gujarat, India. The company works in nbfc, within the financial services industry. It was incorporated on 18 January 2007 (19+ years old) and is registered under CIN U65993GJ2007PTC049803.
Krone Finstock has 2 current directors:
- Bankim Jayantilal Shah - Director
- Himansu Jayantilal Shah - Director
The latest financial statements of Krone Finstock 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 CIN (Corporate Identification Number) of Krone Finstock is U65993GJ2007PTC049803. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Krone Finstock has 22 court cases on record: 6 filed by the company and 16 filed against it. 9 are pending. Most are in the nclat.
Krone Finstock was incorporated on 18 January 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Krone Finstock by revenue are Idf Financial Services Private Limited, Amritkunj Capital Markets Ltd, Hindusthan Microfinance Private Limited, TMF Business Services Limited, Snapmint Financial Services Private Limited and 3 more, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Himansu Jayantilal Shah was appointed as Director on 21 Oct 2015. Vaibhav Jayantilal Shah ceased to be Director on 21 Oct 2015. Bankim Jayantilal Shah was appointed as Director on 18 Jan 2007.
The registered office of Krone Finstock is at Monarch House Nr. Ishwar Bhuvan Cross Road Nr. Commerce Six Road Navarangpura, Ahmedabad, Gujarat, India – 380009.
Krone Finstock operates in the financial services industry, in the nbfc segment.
The compliance status of Krone Finstock is compliant as of 18 September 2026. The company is actively filing with the Registrar of Companies.
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