About Dhani Loans and Services Limited
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Dhani Loans and Services Limited is a public limited company based in New Delhi, Delhi, India, a subsidiary of Dhani Services Limited. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 27 October 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1994PLC062407. Its GSTIN is 07AAACM0725H1ZU (Delhi). The company holds 24 GST registrations, of which 23 are active.
The company has an authorised share capital of ₹85.5 Cr and a paid-up capital of ₹61.19 Cr. It was formerly known as Shivshakti Financial Services Limited and Malpani Securities Private Limited. It is led by directors including Sanjeev Kashyap (Whole-Time Director) and Labh Singh Sitara.
Its last annual general meeting (AGM) was held on 25 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at A – 2 First Floor, Kirti Nagar, New Delhi, Delhi, India – 110015.
As per the financials filed for FY 2024, the company reported a revenue of ₹372.43 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹13.18 Cr (net margin 3.5%) and EBITDA of ₹127.59 Cr (EBITDA margin 34.3%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years and 27% over five years.
The company has about 199 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 5 brands: Indiabulls Dhani, Indiabulls Consumer Finance, Dhani Loans and Services, Dhani and TranServ. As per MCA filings, the company has open charges of ₹75.7 Cr and satisfied charges of ₹7,652.62 Cr on record. Court records list 68,922 cases involving the company, including 68,681 filed by the company and 242 filed against it; 51,021 cases are pending. The company has 21 deals on record (8 funding rounds, 8 secondary share transfers, 5 rights issues), with disclosed funding of ₹1,743.64 Cr; the latest was in March 2022. Its 6 peer companies in the BFSI industry (Large NBFC, NBFC Investment and Credit Companies, Systemically Important Non Deposit NBFC), with the same principal business activity (other financial activities) are compared by revenue, 3 larger and 3 smaller; the largest is Ratnabali Equity Private Limited with revenue of ₹389.35 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dhani.com.
Company details
Name history
Dhani Loans and Services has undergone 6 name changes throughout its history. The current legal name is Dhani Loans And Services Limited.
| Company Name | Status |
|---|---|
| Dhani Loans and Services Limited | Current |
| Shivshakti Financial Services Limited | Previous |
| Malpani Securities Private Limited | Previous |
| Shivshakti Financial Services Private Limited | Previous |
| Indiabulls Consumer Finance Limited | Previous |
| Ivl Finance Limited | Previous |
| Ventures Financing Limited | Previous |
CIN history
Dhani Loans and Services has one previous CIN (Corporate Identification Number): U74899DL1994PTC062407. The current CIN is U74899DL1994PLC062407, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899DL1994PLC062407 | Current |
| U74899DL1994PTC062407 | Previous |
Contact details
Dhani Loans and Services Limited's registered office is in New Delhi, Delhi. Its website is dhani.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA – 2 First Floor, Kirti Nagar, New Delhi, Delhi, India – 110015
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
To see the full contact details of Dhani Loans and Services 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
Brands
Dhani Loans and Services operates multiple associated brands including Indiabulls Dhani, Indiabulls Consumer Finance, and Dhani Loans and Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers personal loan services to individuals. | indiabullsdhani.com | |
| Delivers comprehensive solutions for consumer and business loans. | indiabullsconsumerfinance.com | |
| Provides instant credit lines and loans with flexible repayment options. | dhaniloansandservices.com | |
| App-based platform for financial products | dhani.com | |
| Digital payment solutions are provided for individuals and organizations. | transerv.co.in |
Business activity
The main business activity of Dhani Loans and Services 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 Dhani Loans and Services Limited, buy the company report.
Financials of Dhani Loans and Services Limited
FY 2024 filings availableDhani Loans and Services Limited reported revenue of ₹372.43 Cr (down 30% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 27% over five years, including a 30% fall in the latest year. EBITDA rose 368% 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 | ₹127.59 Cr | ||||
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| Net Profit (PAT) | ₹13.18 Cr | ||||
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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 | 34.3% | ||||
| Net Profit Margin | 3.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Dhani Loans and Services Limited, buy the company report.
Board of directors and KMP of Dhani Loans and Services Limited
Dhani Loans and Services Limited currently reports 6 directors and 1 key managerial person. 19 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Labh Singh Sitara Also directs: Indiabulls Limited, Henosis Enterprises Private Limited | Director | 14 Sep 2017 | 9 Years 1 Months | Current |
| Manish Rustagi Also directs: Indiabulls Urbanresidency Limited, Fintech Cloud Private Limited | Company Secretary | 16 Nov 2011 | 14 Years 11 Months | Current |
| Sanjeev Kashyap Also directs: Transerv Limited, Fintech Cloud Private Limited | Whole-Time Director | 01 Jan 2023 | 3 Years 9 Months | Current |
| Akshay Kumar Tiwary Also directs: Aromika Pioneer Ventures LLP, Indiabulls Urbanresidency Limited, Indiabulls Nests Limited and 3 more | Director | 28 Nov 2022 | 3 Years 10 Months | Current |
| Sargam Kataria Also directs: Indiabulls Asset Reconstruction Company Limited, Mackennas Minerals Private Limited, Agni Television Private Limited and 5 more | Director | 01 Aug 2023 | 3 Years 2 Months | Current |
| Prem Prakash Mirdha | Director | 04 Oct 2023 | 3 Years 0 Months | Current |
Peer comparison
Dhani Loans and Services Limited is compared with the 6 companies closest to it by revenue in the BFSI industry (Large NBFC, NBFC Investment and Credit Companies, Systemically Important 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 |
|---|---|---|---|---|---|---|
| Ratnabali Equity Private Limited | ₹389.35 Cr (FY 2025) | -10.0% | Kolkata, West Bengal, India | |||
| Skyline Tracom Private Limited | ₹387.67 Cr (FY 2021) | 24.0% | Kolkata, West Bengal, India | |||
| LRSD Securities Private Limited | ₹374.7 Cr (FY 2025) | 5.0% | New Delhi, Delhi, India | |||
| Dhani Loans and Services Limitedthis company | ₹372.43 Cr (FY 2024) | ₹13.18 Cr | 3.5% | -30.0% | 199 | New Delhi, Delhi, India |
| Indianivesh Limited | ₹368.77 Cr (FY 2019) | 11.0% | Mumbai, Maharashtra, India | |||
| Auxilo Finserve Private Limited | ₹367.33 Cr (FY 2024) | 92.0% | Mumbai, Maharashtra, India | |||
| Ridhi Sidhi Distributor Pvt Ltd | ₹364.85 Cr (FY 2024) | 904.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Dhani Loans and Services Limited, buy the company report.
Auditor
Dhani Loans and Services Limited is audited by WalkerChandiok&Co LLP for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| WalkerChandiok&Co LLP | FY 2018 | 001076N |
Shareholding
The shareholding of Dhani Loans and Services 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 Dhani Loans and Services Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Nov 2021 | 100506641 | Others | ₹60 Lakh | Open | |
| 14 Oct 2020 | 100386031 | Others | ₹75 Cr | Open | |
| 26 Mar 2019 | 100260565 | Axis Bank Limited | ₹10 Lakh | Open | |
| 12 May 2022 | 100602398 | Others | ₹26.66 Cr | Satisfied | |
| 02 Feb 2022 | 100562570 | Others | ₹46.17 Cr | Satisfied |
To see the full charge records of Dhani Loans and Services Limited, buy the company report.
Total charge records: 36 View all charges
Deals & funding
Dhani Loans and Services Limited has 21 deals on record (8 funding rounds, 8 secondary share transfers, 5 rights issues), with disclosed funding of ₹1,743.64 Cr; the latest was in March 2022.
Deals on record (5 of 21)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Seller: Dhani Services Limited |
| Mar 2019 | Funding round | ₹275.02 Cr | Investors: Dhani Services Limited |
| Aug 2018 | Rights issue | ₹297.23 Cr | Investors: Dhani Services Limited |
| Jun 2018 | Rights issue | ₹2,000 Cr | Investors: Dhani Services Limited |
| Mar 2018 | Rights issue | ₹500 Cr | Investors: Dhani Services Limited |
To see the full deal history of Dhani Loans and Services Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Dhani Loans and Services Limited has 68,922 court cases on record: 68,681 filed by Dhani Loans and Services, 242 filed against it. 51,021 cases are pending and 17,901 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 68,719 | 156 | 50,980 |
| High courts | 171 | 62 | 29 |
| NCLAT | 17 | 14 | 10 |
| NCLT | 12 | 7 | 1 |
| Supreme Court | 3 | 3 | 1 |
Cases on record (5 of 68,922)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Original application | Filed against the company by Champa Impex Pvt Ltd and Anr | Pending |
| High Court of Karnataka | Writ petition | Filed against the company by K R Inn Private Limited | Pending |
| District court, BENGALURU, Karnataka | Appeal | Filed against the company by M/S Invixo Trading Private Ltd Rep by Thilagere Ramamurthy Raveendranath | Pending |
| District court, Lucknow, Uttar Pradesh | Criminal case | Filed against the company by M/S Impact Associates Hospitality and Food Products Private Limited Through Prakhar Shukla | Pending |
| Allahabad High Court | Court case (A227) | Filed against the company by M/S Impact Associates Hospitality and Food Products Pvt. Ltd. Thru. Director Prakhar Shukla | Pending |
To see the full case history of Dhani Loans and Services 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.
Credit ratings & regulatory alerts
Dhani Loans and Services Limited was last rated by Care on 06 Apr 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 06 Apr 2022 |
To see the full credit ratings and regulatory alerts of Dhani Loans and Services Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Dhani Loans and Services Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Dhani Loans and Services has 3 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Indiabulls Investment Advisors Limited | U74992DL2008PLC182331 | |
| Indiabulls Distribution Services Limited | U74999DL2009PLC191143 | |
| Transerv Limited | U93090MH2010PLC211328 |
To see the full group structure of Dhani Loans and Services Limited, buy the company report.
Employees & EPFO
Dhani Loans and Services Limited has a workforce of 199 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
GST
Dhani Loans and Services has 24 GST registrations: 23 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACM0725H1ZU | Delhi | Active | 01 Jul 2017 |
| 04AAACM0725H1Z0 | Chandigarh | Active | 01 Jul 2017 |
| 06AAACM0725H1ZW | Haryana | Active | 01 Jul 2017 |
| 09AAACM0725H1ZQ | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Dhani Loans and Services Limited, buy the company report.
Recent activity
Dhani Loans and Services Limited has 45 board changes on record since 1994: 26 appointments and 19 cessations. The latest: Narendra Jadhav ceased to be Additional Director on 04 Oct 2023.
115 earlier events are in the company report.
News
Frequently asked questions
Dhani Loans and Services is an active public limited company based in New Delhi, Delhi, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 27 October 1994 (32+ years old) and is registered under CIN U74899DL1994PLC062407.
Dhani Loans and Services has 7 current directors and KMP:
- Sanjeev Kashyap - Whole-Time Director
- Labh Singh Sitara - Director
- Akshay Kumar Tiwary - Director
- Sargam Kataria - Director
- Prem Prakash Mirdha - Director
- Amit Ajit Gandhi - Director
- Manish Rustagi - Company Secretary
The latest financial statements of Dhani Loans and Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 25 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Dhani Loans and Services is 07AAACM0725H1ZU, registered in Delhi. The company has 24 GST registrations in all, of which 23 are active and 1 is cancelled or inactive. Other active GSTINs include 04AAACM0725H1Z0 (Chandigarh), 06AAACM0725H1ZW (Haryana), 09AAACM0725H1ZQ (Uttar Pradesh).
The CIN (Corporate Identification Number) of Dhani Loans and Services is U74899DL1994PLC062407. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dhani Loans and Services has 68,922 court cases on record: 68,681 filed by the company and 242 filed against it. 51,021 are pending. Most are in the district courts.
Dhani Loans and Services was incorporated on 27 October 1994, making it 32+ years old. It is registered with the Registrar of Companies, Delhi.
Dhani Loans and Services has 21 deals on record (8 funding rounds, 8 secondary share transfers, 5 rights issues), with disclosed funding of ₹1,743.64 Cr; the latest was in March 2022.
The peers of Dhani Loans and Services by revenue are Ratnabali Equity Private Limited, Skyline Tracom Private Limited, LRSD Securities Private Limited, Indianivesh Limited, Auxilo Finserve Private Limited and 1 more, all in the BFSI industry (Large NBFC, NBFC Investment and Credit Companies, Systemically Important Non Deposit NBFC), with the same principal business activity (other financial activities).
Narendra Jadhav ceased to be Additional Director on 04 Oct 2023. Prem Prakash Mirdha was appointed as Director on 04 Oct 2023. Sargam Kataria was appointed as Director on 01 Aug 2023. Dhani Loans and Services has 45 board changes on record in total.
Dhani Loans and Services can be reached through the website dhani.com. Its registered office is in New Delhi, Delhi, India.