
Nirvan Finance Pvt.Ltd.
About Nirvan Finance Pvt.Ltd.
Data last updated:
Nirvan Finance Pvt.Ltd. was a private limited company based in Kolkata, West Bengal, India, operated as a subsidiary of Harakh Chand Saraogi & Company Pvt.Ltd.. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 07 December 1994.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U65991WB1994PTC066383.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.5 Lakh. It was led by directors including Lalit Kumar Saraogi and Amit Jain.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at P – 8 Kalakaar St, Kolkata, West Bengal, India – 700007.
Company details
Contact details
Nirvan Finance Pvt.Ltd.'s registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressP – 8 Kalakaar St, Kolkata, West Bengal, India – 700007
- IndustryFinancial Services, Financial Activities
To see the full contact details of Nirvan Finance Pvt.Ltd., 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
Financials of Nirvan Finance Pvt.Ltd.
FY 2019 filings availableNirvan Finance Pvt.Ltd. reported revenue of ₹611 (down 99% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 46% over three years, including a 99% fall 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| 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 | |||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | |||||
| 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Nirvan Finance Pvt.Ltd., buy the company report.
Board of directors of Nirvan Finance Pvt.Ltd.
Nirvan Finance has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lalit Kumar Saraogi Also directs: Konica Traders Pvt Ltd, Zobel Sales Promotion Pvt Ltd | Director | 07 Dec 1994 | 31 Years 10 Months | As last reported |
| Amit Jain | Director | 29 Dec 1999 | 26 Years 9 Months | As last reported |
| Anita Jain | Director | 09 Dec 1994 | 31 Years 10 Months | As last reported |
Peer comparison
Nirvan Finance Pvt.Ltd. is compared with the 10 companies closest to it by revenue in the Ecommerce and Internet industry (Finance), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Soham Housing Finance Company Pvt Ltd | ₹773 (FY 2024) | Thane, Maharashtra, India | ||||
| Acute Capital and Finance Private Limited | ₹750 (FY 2025) | 61.0% | New Delhi, Delhi, India | |||
| Jain Motor Finance and Leasing Private Limited | ₹700 (FY 2025) | New Delhi, Delhi, India | ||||
| Lake End Investment and Finance Pvt Ltd | ₹676 (FY 2025) | 1727.0% | Ahmedabad, Gujarat, India | |||
| Avyaya Finance Limited | ₹658 (FY 2019) | 0.0% | Secunderabad, Telangana, India | |||
| Nirvan Finance Pvt.Ltd.this company | ₹611 (FY 2019) | -99.0% | Kolkata, West Bengal, India | |||
| Clarikia Investment and Finance Pvt Ltd | ₹553 (FY 2025) | -95.0% | Pune, Maharashtra, India | |||
| Dravya Finance Limited | ₹544 (FY 2017) | -100.0% | Mumbai, Maharashtra, India | |||
| Mahadhan Finance Pvt. Ltd. | ₹540 (FY 2024) | -100.0% | Kolkata, West Bengal, India | |||
| Aalap Finance and Leasing Private Limited | ₹532 (FY 2024) | -7.0% | Mumbai, Maharashtra, India | |||
| Ahalawat Finance Private Limited | ₹532 (FY 2024) | -100.0% | Delhi, India |
To see the full peer comparison of Nirvan Finance Pvt.Ltd., buy the company report.
Auditor
Nirvan Finance Pvt.Ltd. is audited by BHAVESH SHARMA for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHAVESH SHARMA | FY 2017 | 309948 |
Shareholding
The shareholding of Nirvan Finance Pvt.Ltd. is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Nirvan Finance Pvt.Ltd., buy the company report.
Legal cases
No court or tribunal cases involving Nirvan Finance Pvt.Ltd. are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nirvan Finance Pvt.Ltd.; 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 Nirvan Finance Pvt.Ltd.; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Nirvan Finance Pvt.Ltd. has 3 board changes on record since 1994: 3 appointments. The latest: Amit Jain was appointed as Director on 29 Dec 1999.
Frequently asked questions
Nirvan Finance has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Nirvan Finance was a private limited company based in Kolkata, West Bengal, India. The company worked in financial activities, within the financial services industry. It was incorporated on 07 December 1994 and is registered under CIN U65991WB1994PTC066383. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Nirvan Finance was incorporated on 07 December 1994. It is registered with the Registrar of Companies, Kolkata.
Nirvan Finance had 3 directors:
- Lalit Kumar Saraogi - Director
- Amit Jain - Director
- Anita Jain - Director
The CIN (Corporate Identification Number) of Nirvan Finance is U65991WB1994PTC066383. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Nirvan Finance is at P – 8 Kalakaar St, Kolkata, West Bengal, India – 700007.
The latest financial statements of Nirvan Finance on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
Nirvan Finance operated in the financial services industry, in the financial activities segment.
The peers of Nirvan Finance by revenue are Soham Housing Finance Company Pvt Ltd, Acute Capital and Finance Private Limited, Jain Motor Finance and Leasing Private Limited, Lake End Investment and Finance Pvt Ltd, Avyaya Finance Limited and 5 more, all in the Ecommerce and Internet industry (Finance).
Amit Jain was appointed as Director on 29 Dec 1999. Anita Jain was appointed as Director on 09 Dec 1994. Lalit Kumar Saraogi was appointed as Director on 07 Dec 1994.
The compliance status of Nirvan Finance is compliant as of 15 September 2026.