Nitstone Finserv Private Limited - Company Profile

It is a financial services private limited company based in Bangalore, Karnataka, India, established in 1997.

1997 Bangalore, Karnataka, India Active

Last Updated: January 04, 2026

About Nitstone Finserv Private Limited

Nitstone Finserv Private Limited, a active private limited company, was established on 21 February 1997 in Bangalore, Karnataka, India. Engaging in nbfc within the financial and insurance service sector, it holds CIN: U65910KA1997PTC021852. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹8.73 Cr.

Formerly known as Safina Investments And Holdings Private Limited. It upholds a compliant status. Its leadership includes Kapil Mohan (Director), Edaden Govindankutty (Director), Kenneth Marc Blatt (Director). Past directors included Feroz Sattar Sait, Kapil Mohan, Edaden Govindankutty. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 24A, Ii Floor, Imperial Court Cunningham Road, Bangalore, Karnataka, 560052.

Company Details

CIN/LLPIN
U65910KA1997PTC021852
Registration Number
021852
Incorporation Date
21 February 1997
Authorized Capital
₹10.00 Cr
Paid-Up Capital
₹8.73 Cr
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 10.00 Cr as on 04-01-2026
Paid Up Capital ₹ 8.73 Cr as on 04-01-2026
Company Age 28 Year, 11 Months
Last Filing with ROC 31 Mar 2025
Revenue Growth **** 38.86% (FY 2023)
Profit Growth **** 6.20% (FY 2023)
Ebitda **** -0.54% (FY 2023)
Net Worth -31.37% (FY 2023)
Total Assets -33.39% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Nitstone Finserv Private 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 Nitstone Finserv Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Kapil Mohan	Director	19 Sep 2025	Current
Edaden Govindankutty	Director	12 Jun 2020	Current
Kenneth Marc Blatt	Director	18 Jun 2023	Current
Alok Kumar Misra	Director	31 May 2018	Current
Vishwanath Prasad Singh	Director	31 May 2018	Current
Nitesh Shetty	Director	26 Apr 2018	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	28 Oct 2006	Past
Pramod Abcsdd	Additional Director	29 Sep 2025	Past
Pramod Abcsdd	Additional Director	30 Sep 2020	Past
Pramod Abcsdd	Company Secretary	-	Past
Pramod Abcsdd	Additional Director	28 Sep 2023	Past
Pramod Abcsdd	Director	25 Sep 2022	Past

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Financial Performance of Nitstone Finserv.

Nitstone Finserv Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 38.86% increase. The company also saw a slight improvement in profitability, with a 6.2% increase in profit. The company's net worth observed a substantial decline by a decrease of 31.37%.

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

********

38.86%

*******

Revenue from Operations

*******

13.74%

*******

Total Assets

*******

-33.39%

*******

Profit or Loss

*******

6.20%

*******

Net Worth

*******

-31.37%

*******

EBITDA

*******

-0.54%

*******

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What is the Ownership and Shareholding Structure of Nitstone Finserv?

In 2023, Nitstone Finserv had a promoter holding of 100.00%. 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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How Many Employees Work at Nitstone Finserv?

Unlock and access historical data on people associated with Nitstone Finserv, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

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 Nitstone Finserv, 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 Nitstone Finserv's trajectory.

Rating

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Alerts

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Latest Updates, News, and FAQs on Nitstone Finserv

Recent Activity within the Organization

Annual General Meeting

Progress on Nitstone Finserv Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.
30 Sep 2025
Director Appointment

Progress on Kapil Mohan was appointed as a Director was appointed as a Director on 19 Sep 2025 & has been associated with this company since 4 months 28 days . was documented.
19 Sep 2025
Director Appointment

The activity Radhakrishnan Senthil Kumar was appointed as a Ceo was appointed as a Ceo on 25 Jul 2025 & has been associated with this company since 6 months 23 days . was completed.
25 Jul 2025
Director Appointment

The activity Radhakrishnan Senthil Kumar was appointed as a Managing Director was appointed as a Managing Director on 22 Jul 2025 & has been associated with this company since 6 months 26 days . was completed.
22 Jul 2025
Balance Sheet

Nitstone Finserv Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was recorded as a recent event.
31 Mar 2025
Director Appointment

The activity Kenneth Marc Blatt was appointed as a Director was appointed as a Director on 18 Jun 2023 & has been associated with this company since 2 years 7 months . was completed.
18 Jun 2023

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