Nishant Finance Pvt. Ltd.
About Nishant Finance Pvt. Ltd.
Data last updated:
Nishant Finance Pvt. Ltd. was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 26 July 1989.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U65993MH1989PTC253360.
The company had an authorised share capital of ₹2.15 Cr and a paid-up capital of ₹2.15 Cr. It was led by directors Sharda Manoj Kasliwal and Manoj Kasliwal.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Shop No. 4 Bhima Bldg Pochkhanwala Road Worli, Mumbai, Maharashtra, India – 400025.
As per the financials filed for FY 2022, the company reported a revenue of ₹21.75 Lakh, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹9.59 Lakh (net margin 44.1%) and EBITDA of ₹21.39 Lakh (EBITDA margin 98.3%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 36% over five years.
Court records list 4 cases involving the company, including 4 filed by the company.
Company details
CIN history
Nishant Finance has one previous CIN (Corporate Identification Number): U65993AP1989PTC010275. The current CIN is U65993MH1989PTC253360, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65993MH1989PTC253360 | Current |
| U65993AP1989PTC010275 | Previous |
Contact details
Nishant Finance Pvt. Ltd.'s registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressShop No. 4 Bhima Bldg Pochkhanwala Road Worli, Mumbai, Maharashtra, India – 400025
- IndustryFinancial Services, NBFC
To see the full contact details of Nishant 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 Nishant Finance Pvt. Ltd.
FY 2022 filings availableNishant Finance Pvt. Ltd. reported revenue of ₹21.75 Lakh (up 7% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 7% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 36%. EBITDA rose 8% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹21.39 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.59 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 98.3% | ||||
| Net Profit Margin | 44.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Nishant Finance Pvt. Ltd., buy the company report.
Board of directors of Nishant Finance Pvt. Ltd.
Nishant Finance has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sharda Manoj Kasliwal Also directs: Premier Capital Services Limited, Pumarth Commodities Private Limited, Pumarth Credit and Capital Limited and 1 more | Director | 12 Aug 2011 | 15 Years 3 Months | As last reported |
| Manoj Kasliwal Also directs: Premier Capital Services Limited, Pumarth Infrastructure Private Limited, Pumarth Commodities Private Limited and 2 more | Director | 12 Aug 2011 | 15 Years 3 Months | As last reported |
Peer comparison
Nishant Finance Pvt. Ltd. is compared with the 3 companies closest to it by revenue in the BFSI industry (Finance, Other Financial Services), 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 |
|---|---|---|---|---|---|---|
| Nishant Finance Pvt. Ltd.this company | ₹21.75 Lakh (FY 2022) | ₹9.59 Lakh | 44.1% | 7.0% | Mumbai, Maharashtra, India | |
| Bharosa Technoserve Private Limited | ₹21.75 Lakh (FY 2025) | 73.0% | New Delhi, Delhi, India | |||
| Logisys Advisors Private Limited | ₹21.74 Lakh (FY 2025) | -55.0% | Mumbai, Maharashtra, India | |||
| Fast1credit Digitech Private Limited | ₹21.74 Lakh (FY 2024) | 137.0% | Lucknow, Uttar Pradesh, India |
To see the full peer comparison of Nishant Finance Pvt. Ltd., buy the company report.
Auditor
Nishant Finance Pvt. Ltd. is audited by BIPIN ZAVAR & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BIPIN ZAVAR & ASSOCIATES | FY 2017 | 121523W |
Shareholding
The shareholding of Nishant 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 Nishant Finance Pvt. Ltd., buy the company report.
Legal cases
Nishant Finance Pvt. Ltd. has 4 court cases on record: 4 filed by Nishant Finance. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
| District courts | 1 | 0 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| High Court of Madhya Pradesh | Writ petition | Filed by the company against Income Tax Settlement Commission | Disposed |
| District court, Hyderabad CCC, Telangana | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Nishant Finance Pvt. Ltd., 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 Nishant 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 Nishant Finance Pvt. Ltd.; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Nishant Finance Pvt. Ltd. has 5 board changes on record since 2011: 2 appointments and 3 cessations. The latest: Srungavarapu Venkateswara Rao ceased to be Director on 05 Nov 2011.
Frequently asked questions
Nishant 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.
Nishant Finance was a private limited company based in Mumbai, Maharashtra, India. The company worked in nbfc, within the financial services industry. It was incorporated on 26 July 1989 and is registered under CIN U65993MH1989PTC253360. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Nishant Finance was incorporated on 26 July 1989. It is registered with the Registrar of Companies, Mumbai.
Nishant Finance had 2 directors:
- Sharda Manoj Kasliwal - Director
- Manoj Kasliwal - Director
The CIN (Corporate Identification Number) of Nishant Finance is U65993MH1989PTC253360. 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 Nishant Finance is at Shop No. 4 Bhima Bldg Pochkhanwala Road Worli, Mumbai, Maharashtra, India – 400025.
The latest financial statements of Nishant Finance on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
Nishant Finance operated in the financial services industry, in the nbfc segment.
The peers of Nishant Finance by revenue are Bharosa Technoserve Private Limited, Logisys Advisors Private Limited, Fast1credit Digitech Private Limited, all in the BFSI industry (Finance, Other Financial Services), with the same principal business activity (other financial activities).
Nishant Finance has 4 court cases on record: 4 filed by the company. Most are in the nclt.
Srungavarapu Venkateswara Rao ceased to be Director on 05 Nov 2011. Uma Devi Srungavarapu ceased to be Director on 05 Nov 2011. Dhanalakshmi Srungavarapu ceased to be Director on 12 Aug 2011. Nishant Finance has 5 board changes on record in total.
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