About Nabfins Limited
Data last updated: 17 February 2026
Nabfins Limited is a public limited company based in Bengaluru, Karnataka, India. It specialises in microfinance institutions, a part of the broader financial services sector. Incorporated on 25 February 1997, the company has been in operation for over 29 years.
Registered with ROC Bangalore under CIN U85110KA1997PLC021862.
Capital: an authorised share capital of ₹500 Cr and a paid-up capital of ₹161.66 Cr. Formerly known as Karnataka Agri Development Finance Company Limited and Nabard Financial Services Limited. It is led by directors including Ajay Kumar Kapur and Neeraja Nandamudi.
Last AGM: 26 September 2025. Financial statements filed for year ended 31 March 2025. Office: # 3072 14Th Cross Road Banashankari Ii Stage, Bengaluru, Karnataka, India – 560070.
As per the financials filed for FY 2024, the company reported a revenue of ₹533.58 Cr, a growth of 63.92% compared to the previous year.
The company has a workforce of approximately 2,321 employees as per the latest available data.
The company is associated with 1 brand - Nabard Financial Services. As per MCA filings, the company has open charges of ₹693.11 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nabfins.org.
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Registered Address# 3072 14Th Cross Road Banashankari Ii Stage, Bengaluru, Karnataka, India – 560070
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IndustryFinancial Services, Microfinance Institutions, NBFC
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Nabfins Limited
Nabfins Limited has undergone 2 name changes throughout its history. The company was previously known as Karnataka Agri Development Finance Company Limited, and Nabard Financial Services Limited. The current legal name is Nabfins Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Nabfins Limited | Current |
| Karnataka Agri Development Finance Company Limited | Previous |
| Nabard Financial Services Limited | Previous |
CIN History of Nabfins Limited
Nabfins Limited has one previous CIN (Corporate Identification Number): U75112KA1997PTC021862. The current CIN is U85110KA1997PLC021862, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1997PLC021862 | Current |
| U75112KA1997PTC021862 | Previous |
Associated Brands with Nabfins Limited
Nabfins Limited operates one associated brand: NABARD Financial Services. These brands represent Nabfins Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Microfinance institution offering loans to low-income households and institutions in rural areas. | nabfins.org |
Competitors & Alternatives of Nabfins Limited
Brands and companies operating in the same space as Nabfins Limited include AU Small Finance Bank, Ujjivan Small Finance Bank, ESAF and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
AU Small Finance Bank
|
Collateralised loans for commercial vehicles are extended to rural entrepreneurs. | Jaipur, India, India | 1996 |
Ujjivan Small Finance Bank
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Small finance services are extended to underserved segments in India. | Bengaluru, India, India | 2005 |
ESAF
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Microfinance banking services are offered in India by ESAF. | Thrissur, India, India | 1992 |
Jana Small Finance Bank
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Microfinance bank | Bengaluru, India, India | 1999 |
Suryoday
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Small finance bank offering savings accounts, deposits, and loan products | Mumbai, India, India | 2008 |
Equitas Small Finance Bank
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Small finance bank | Chennai, India, India | 2007 |
Utkarsh Bank
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Small finance bank | Varanasi, India, India | 2009 |
Capital Small Finance Bank
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Microfinance services including savings accounts and loans are provided. | Jalandhar, India, India | 2016 |
Satin Creditcare
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Micro loans for businesses are offered by this NBFC. | Delhi, India, India | 1990 |
Fincare Small Finance Bank
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Micro-finance bank | Bengaluru, India, India | 2007 |
Business Activity of Nabfins Limited
Nabfins Limited operates primarily in the financial and insurance service sector. The company has 2 registered business activity segments, reflecting its diverse operational portfolio.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Financial and insurance Service | Locked | Other financial activities | Locked |
| Locked | Financial and insurance Service | Locked | Other financial activities | Locked |
Detailed business activity records for Nabfins Limited
Activity codes and turnover contribution percentages require an active report plan.
- Activity group codes
- Detailed activity codes
- Turnover contribution
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Auditor Details of Nabfins Limited
Nabfins Limited is audited by Phillipos & Co. for the financial year 2020. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Phillipos & Co. | Locked | Locked | Locked |
Complete auditor history for Nabfins Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
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Board of Directors of Nabfins Limited
Nabfins Limited is currently managed by 10 directors, with 76 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Ajay Kumar Kapur
Also directs:
Utkarsh Small Finance Bank Limited
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Director | 01 Oct 2021 | 4 Years 10 Months | Current |
| Neeraja Nandamudi | Managing Director | 20 Jun 2024 | 2 Years 1 Months | Current |
| Mohan Prasad | Nominee Director | 28 Jul 2023 | 3 Years 0 Months | Current |
| Guna Nand Gami | Nominee Director | 28 Jul 2023 | 3 Years 0 Months | Current |
| Saraswathi Chidambaranathan | Nominee Director | 23 Jul 2024 | 2 Years 0 Months | Current |
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Ajit Kumar Das
Also directs:
Laser Power & Infra Limited, Vform Tecnopacks Limited
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Director | 26 Feb 2024 | 2 Years 5 Months | Current |
Financials of Nabfins Limited FY 2025 filings available
Nabfins Limited reported revenue of ₹533.58 Cr (up 63.92% YoY) for FY 2024.
Ten-year financial statements for Nabfins Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
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Ownership and Shareholding of Nabfins Limited
Shareholding and ownership data for Nabfins Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Charges & Borrowings of Nabfins Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Jan 2026 | Others | ₹99 Cr | Open |
| 24 Dec 2025 | Others | ₹452.11 Cr | Open |
| 24 Sep 2025 | Others | ₹142 Cr | Open |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Nabfins Limited
Nabfins Limited has a workforce of 2,321 employees as of Oct 22, 2024.
Employee and EPFO history for Nabfins Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Nabfins Limited
GST registrations and filing compliance for Nabfins Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Nabfins Limited
Credit ratings, litigation, and regulatory alerts for Nabfins Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Nabfins Limited
MSME payment history for Nabfins Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Nabfins Limited
Corporate group structure for Nabfins Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Nabfins Limited
MCA filings and documents for Nabfins Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Nabfins Limited
Frequently Asked Questions about Nabfins Limited
Nabfins Limited is an active public limited company in the financial services sector based in Bengaluru, Karnataka, India. It was incorporated on 25 February 1997 (29+ years old) and is registered under CIN U85110KA1997PLC021862. The company has 2,321 employees.
Nabfins Limited reported revenue of ₹533.58 Cr for FY 2024 (up 63.92% YoY).
The current directors of Nabfins Limited are:
- Ajay Kumar Kapur - Director
- Neeraja Nandamudi - Managing Director
- Mohan Prasad - Nominee Director
- Guna Nand Gami - Nominee Director
- Saraswathi Chidambaranathan - Nominee Director
- Ajit Kumar Das - Director
- Sakalespur Visweswaraiya Ranganath - Director
- Mamatha Anant Joshi - Nominee Director
- Vinod Chandrasekharan - Nominee Director
- Srimathy Sridhar - Additional Director
The primary industry of Nabfins Limited is financial services. The company specifically operates in microfinance institutions. The company is currently active in this sector.
Nabfins Limited can be reached at the registered office: # 3072 14Th Cross Road Banashankari Ii Stage, Bengaluru, Karnataka, India – 560070, or through the website nabfins.org.
The authorised capital is ₹500 Cr, and the paid-up capital is ₹161.66 Cr.