Narnolia Financial Services Limited - Company Profile

It is a financial services public limited company based in Kolkata, West Bengal, India, established in 1995.

1995 Kolkata, West Bengal, India Active

Last Updated: January 05, 2026

About Narnolia Financial Services Limited

Narnolia Financial Services Limited, a active public limited company, was established on 14 July 1995 in Kolkata, West Bengal, India. Engaging in brokerage & trading services within the financial and insurance service sector, it holds CIN: U51909WB1995PLC072876. Registered under ROC Roc Kolkata. it is unlisted. It has an authorized capital of ₹5.20 Cr and a paid-up capital of ₹4.94 Cr.

Formerly known as Narnolia Financial Advisors Limited, Microsec India Limited. It upholds a compliant status. Employing 21 professional, Its leadership includes Pankaj Harlalka (Additional Director), Krishnanand Narnolia (Director), Shailendra Kumar (Director). Past directors included Pankaj Harlalka, Krishnanand Narnolia, Shailendra Kumar. It holds ₹20.95 Cr open charges and ₹51.10 Cr settled loans. Its latest AGM occurred on 29 September 2025, with the balance sheet filed on 31 March 2025. It is based at 201, 2Nd Floor, Marble Arch 236B A.J.C. Bose Road,, Kolkata, West Bengal, 700020.

Company Details

CIN/LLPIN
U51909WB1995PLC072876
Registration Number
072876
Incorporation Date
14 July 1995
Authorized Capital
₹5.20 Cr
Paid-Up Capital
₹4.94 Cr
ROC Code
Roc Kolkata
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 5.20 Cr as on 05-01-2026
Paid Up Capital ₹ 4.94 Cr as on 05-01-2026
Company Age 30 Year, 7 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 20.95 Cr as on 05-01-2026
Satisfied Charges ₹ 51.10 Cr as on 05-01-2026
Revenue Growth **** -2.93% (FY 2023)
Profit Growth **** -21.60% (FY 2023)
Ebitda **** -71.71% (FY 2023)
Net Worth 0.25% (FY 2023)
Total Assets **** 9.53% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Narnolia Financial Services Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Narnolia Financial Services Limited?

Current Directors

Name	Designation	Appointment Date	Status
Pankaj Harlalka	Additional Director	24 Nov 2025	Current
Krishnanand Narnolia	Director	29 Sep 2018	Current
Shailendra Kumar	Director	29 Sep 2018	Current
Anchal Narnolia	Director	26 Aug 2024	Current
Ankit Gajanand Gupta	Director	12 Dec 2024	Current
Rohit Narang	Director	04 Mar 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Company Secretary	10 Nov 2016	Past
Pramod Abcsdd	Additional Director	27 Sep 2019	Past
Pramod Abcsdd	Additional Director	27 Sep 2019	Past
Pramod Abcsdd	Director	31 Mar 2021	Past
Pramod Abcsdd	Director	01 Dec 2017	Past
Pramod Abcsdd	Additional Director	27 Sep 2024	Past

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Financial Performance of Narnolia Financial Services.

Narnolia Financial Services Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 2.93% decrease. The company also saw a substantial fall in profitability, with a 21.6% decrease in profit. The company's net worth moved up by a moderate rise of 0.25%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-2.93%

*******

Revenue from Operations

*******

-3.66%

*******

Total Assets

*******

9.53%

*******

Profit or Loss

*******

-21.60%

*******

Net Worth

*******

0.25%

*******

EBITDA

*******

-71.71%

*******

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What is the Ownership and Shareholding Structure of Narnolia Financial Services?

In 2023, Narnolia Financial Services had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹209,500,000.00

Satisfied Charges

₹511,000,000.00

Charges Breakdown by Lending Institutions

Indusind Bank Ltd. : 20.00 Cr
United Bank Of India : 0.95 Cr

Latest Charge Details

Date	Lender	Amount	Status
12 Jun 2014	Indusind Bank Ltd.	₹20.00 Cr	Open
31 May 2006	United Bank Of India	₹9.50 M	Open
07 Aug 2017	Hdfc Bank Limited	₹21.00 Cr	Satisfied
30 Jun 2017	Hdfc Bank Limited	₹20.10 Cr	Satisfied
07 Feb 2007	Hdfc Bank Limited	₹10.00 Cr	Satisfied

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How Many Employees Work at Narnolia Financial Services?

Narnolia Financial Services has a workforce of 21 employees as of Mar 21, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Narnolia Financial Services, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Narnolia Financial Services's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Narnolia Financial Services

Recent Activity within the Organization

Director Appointment

Pankaj Harlalka was appointed as a Additional Director was appointed as a Additional Director on 24 Nov 2025 & has been associated with this company since 2 months 28 days . was recorded as a recent event.
24 Nov 2025
Annual General Meeting

The activity Narnolia Financial Services Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records. was completed.
29 Sep 2025
Balance Sheet

The activity Narnolia Financial Services Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata. was completed.
31 Mar 2025
Director Appointment

The activity Rohit Narang was appointed as a Director was appointed as a Director on 04 Mar 2025 & has been associated with this company since 11 months 18 days . was completed.
04 Mar 2025
Director Appointment

Ankit Gajanand Gupta was appointed as a Director was appointed as a Director on 12 Dec 2024 & has been associated with this company since 1 year 2 months . was recorded as a recent event.
12 Dec 2024
Director Appointment

Progress on Anchal Narnolia was appointed as a Director was appointed as a Director on 26 Aug 2024 & has been associated with this company since 1 year 5 months . was documented.
26 Aug 2024

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