
Mentor Financial Services Private Limited
About Mentor Financial Services Private Limited
Data last updated:
Mentor Financial Services Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the financial product distributors segment of the financial services sector. It was incorporated on 18 July 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74992DL2006PTC151112. Its GSTIN is 07AAKCS1730Q1ZW (Delhi).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3.25 Lakh. It was formerly known as Spa Shares and Stock Brokers Private Limited. It is led by directors Girish Kumar and Milind Tukaram Shetye.
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 Wz – 104 Second Floor, Near Metro Station Subhash Meenakshi Garden, New Delhi, Delhi, India – 110018.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.95 Cr, a decline of 91% compared to the previous year. For the same year it recorded a net profit of ₹50.88 Lakh (net margin 26.2%) and EBITDA of ₹67.99 Lakh (EBITDA margin 35%). Revenue has declined at a compounded annual rate (CAGR) of 46% over three years and 47% over five years.
Court records list 8 cases involving the company, including 7 filed by the company and 1 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mentor Financial Services Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressWz – 104 Second Floor, Near Metro Station Subhash Meenakshi Garden, New Delhi, Delhi, India – 110018
- IndustryFinancial Services, Financial Product Distributors
To see the full contact details of Mentor Financial 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 Mentor Financial Services is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services and other financial activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | |
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Mentor Financial Services Private Limited, buy the company report.
Financials of Mentor Financial Services Private Limited
FY 2025 filings availableMentor Financial Services Private Limited reported revenue of ₹1.95 Cr (down 91% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 47% over five years, including a 91% fall in the latest year. EBITDA fell 68% 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 | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹67.99 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹50.88 Lakh | ||||
| 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 | 35% | ||||
| Net Profit Margin | 26.2% | ||||
| 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 Mentor Financial Services Private Limited, buy the company report.
Board of directors of Mentor Financial Services Private Limited
Mentor Financial Services has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Girish Kumar | Director | 02 Sep 2013 | 13 Years 1 Months | Current |
| Milind Tukaram Shetye Also directs: Booming Investment Advisor Private Limited | Director | 01 Jun 2024 | 2 Years 4 Months | Current |
Peer comparison
Mentor Financial Services Private Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Financial Instrument Distributors), 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 |
|---|---|---|---|---|---|---|
| Money Multiply Finvest Services Pvt Ltd | ₹2.06 Cr (FY 2025) | 135.0% | Ahmedabad, Gujarat, India | |||
| Ascent Financial Solutions Private Limited | ₹1.99 Cr (FY 2024) | 58.0% | Vadodara, Gujarat, India | |||
| Divadhvik Corporate Services Private Limited | ₹1.99 Cr (FY 2025) | 312.0% | Delhi, India | |||
| Mentor Financial Services Private Limitedthis company | ₹1.95 Cr (FY 2025) | ₹50.88 Lakh | 26.2% | -91.0% | New Delhi, Delhi, India | |
| Findarts Finserv Private Limited | ₹1.93 Cr (FY 2024) | 26.0% | Mohali, Punjab, India | |||
| Big Bull Capital Services Private Limited | ₹1.89 Cr (FY 2024) | -16.0% | Nagpur, Maharashtra, India |
To see the full peer comparison of Mentor Financial Services Private Limited, buy the company report.
Auditor
Mentor Financial Services Private Limited is audited by Dhana &Associate for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Dhana &Associate | FY 2023 | 510525C |
Shareholding
The shareholding of Mentor Financial Services 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 Mentor Financial Services Private Limited, buy the company report.
Legal cases
Mentor Financial Services Private Limited has 8 court cases on record: 7 filed by Mentor Financial Services, 1 filed against it. 3 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 2 |
| High courts | 4 | 0 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Cheque dishonour complaint | Filed by the company against Talocity Instasolutions Private Limited | Pending |
| High Court | Interim or miscellaneous application | Filed by the company against 63 Moons Technologies Ltd and 2 others | Pending |
| District court, Jhajjar, Haryana | Commercial suit | Filed against the company by M/S Somany Ceramics Limited | Pending |
| High Court of Delhi | Court case (CRL.L.P.) | Filed by the company against M/S Talocity Instasolutions Pvt. Ltd. & Ors. | Disposed |
| District court, West, Delhi | Criminal case | Filed by the company against Talocity Instasolutions Private Limited | Disposed |
To see the full case history of Mentor Financial 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 Mentor Financial Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mentor Financial Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAKCS1730Q1ZW | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mentor Financial Services Private Limited, buy the company report.
Recent activity
Mentor Financial Services Private Limited has 12 board changes on record since 2006: 7 appointments and 5 cessations. The latest: Milind Tukaram Shetye was appointed as Director on 01 Jun 2024.
3 earlier events are in the company report.
Frequently asked questions
Mentor Financial Services is an active private limited company based in New Delhi, Delhi, India. The company works in financial product distributors, within the financial services industry. It was incorporated on 18 July 2006 (20+ years old) and is registered under CIN U74992DL2006PTC151112.
Mentor Financial Services has 2 current directors:
- Girish Kumar - Director
- Milind Tukaram Shetye - Director
The latest financial statements of Mentor Financial Services 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 GSTIN of Mentor Financial Services is 07AAKCS1730Q1ZW, registered in Delhi.
The CIN (Corporate Identification Number) of Mentor Financial Services is U74992DL2006PTC151112. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mentor Financial Services has 8 court cases on record: 7 filed by the company and 1 filed against it. 3 are pending. Most are in the district courts.
Mentor Financial Services was incorporated on 18 July 2006, making it 20+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Mentor Financial Services by revenue are Money Multiply Finvest Services Pvt Ltd, Ascent Financial Solutions Private Limited, Divadhvik Corporate Services Private Limited, Findarts Finserv Private Limited, Big Bull Capital Services Private Limited, all in the BFSI industry (Financial Instrument Distributors), with the same principal business activity (financial advisory, brokerage and consultancy services).
Milind Tukaram Shetye was appointed as Director on 01 Jun 2024. Deepak Sharma ceased to be Director on 31 Mar 2024. Deepak Sharma was appointed as Director on 17 Jul 2020. Mentor Financial Services has 12 board changes on record in total.
The registered office of Mentor Financial Services is at Wz – 104 Second Floor, Near Metro Station Subhash Meenakshi Garden, New Delhi, Delhi, India – 110018.
Mentor Financial Services operates in the financial services industry, in the financial product distributors segment.

