About Nitstone Finserv Private Limited
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Nitstone Finserv Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Nitstone Capital Private Limited. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 21 February 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65910KA1997PTC021852. Its GSTIN is 29AACCS8035L1ZW (Karnataka).
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹10.03 Cr. It was formerly known as Safina Investments and Holdings Private Limited. It is led by directors including Radhakrishnan Senthil Kumar (Managing Director) and Vishwanath Prasad Singh.
Its last annual general meeting (AGM) was held on 15 June 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2026, the company reported a revenue of ₹92.98 Lakh, a growth of 23% compared to the previous year. For the same year it recorded a net loss of ₹4.67 Cr and EBITDA of -₹4.47 Cr (EBITDA margin -481.2%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 16% over five years.
The company is associated with 1 brand: Nitstone Finserv. Court records list 156 cases involving the company, including 156 filed by the company; 68 cases are pending. The company has 8 deals on record (4 rights issues, 4 secondary share transfers); the latest was in March 2022. Its 6 peer companies in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities) are compared by revenue, 4 larger and 2 smaller; the largest is Sureshot Fincon Private Limited with revenue of ₹72.67 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nitstone.com.
Company details
Contact details
Nitstone Finserv Private Limited's registered office is in Bangalore North, Karnataka. Its website is nitstone.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address37/1 2nd Floor, Cunnigham Road – 560052, Bangalore, Karnataka, India – 560001
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Nitstone Finserv Private Limited, 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
Brands
Nitstone Finserv operates one associated brand: Nitstone Finserv. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides personalized loans to individuals and businesses for financial needs. | nitstone.com |
Business activity
The main business activity of Nitstone Finserv is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Nitstone Finserv Private Limited, buy the company report.
Financials of Nitstone Finserv Private Limited
FY 2026 filings availableNitstone Finserv Private Limited reported revenue of ₹92.98 Lakh (up 23% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 23% growth in the latest year. EBITDA fell 100% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | -₹4.47 Cr | ||||
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| Net Profit (PAT) | -₹4.67 Cr | ||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA Margin | -481.2% | ||||
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To see the full financial statements and ratios of Nitstone Finserv Private Limited, buy the company report.
Board of directors of Nitstone Finserv Private Limited
Nitstone Finserv has 6 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishwanath Prasad Singh | Director | 31 May 2018 | 8 Years 5 Months | Current |
| Nitesh Shetty Also directs: Satchmo Holdings Limited, Nirpl Ventures Private Limited, Singita Kosha Trading Private Limited and 5 more | Director | 26 Apr 2018 | 8 Years 6 Months | Current |
| Rangarajulu Ravichandran | Director | 10 Mar 2026 | 0 Years 7 Months | Current |
| Radhakrishnan Senthil Kumar | Managing Director | 22 Jul 2025 | 1 Years 3 Months | Current |
| Kapil Mohan | Director | 19 Sep 2025 | 1 Years 1 Months | Current |
| Kenneth Blatt Marc | Director | 18 Jun 2023 | 3 Years 4 Months | Current |
Peer comparison
Nitstone Finserv Private Limited is compared with the 6 companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), 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 |
|---|---|---|---|---|---|---|
| Nitstone Finserv Private Limitedthis company | ₹92.98 Lakh (FY 2026) | -₹4.67 Cr | 23.0% | Bangalore, Karnataka, India | ||
| Sureshot Fincon Private Limited | ₹72.67 Lakh (FY 2025) | 180.0% | Kolkata, West Bengal, India | |||
| Anu Colonisers Limited | ₹72.64 Lakh (FY 2025) | 50.0% | Delhi, India | |||
| Sikha Trade and Investment Pvt Ltd | ₹72.51 Lakh (FY 2025) | 38.0% | Kolkata, West Bengal, India | |||
| Premjee Truck Finance Co Pvt Ltd | ₹72.48 Lakh (FY 2024) | 39.0% | Haryana, India | |||
| Purohit Financial Services Private Limited | ₹72.41 Lakh (FY 2024) | 15.0% | Kolkata, West Bengal, India | |||
| Saurabh Projects Pvt Ltd | ₹72.41 Lakh (FY 2025) | -67.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Nitstone Finserv Private Limited, buy the company report.
Auditor
Nitstone Finserv Private Limited is audited by DOLPHY RONALD CARLO & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DOLPHY RONALD CARLO & CO LLP | FY 2023 | 013811S |
Shareholding
The shareholding of Nitstone Finserv Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nitstone Finserv Private Limited, buy the company report.
Deals & funding
Nitstone Finserv Private Limited has 8 deals on record (4 rights issues, 4 secondary share transfers); the latest was in March 2022.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Rights issue | ₹3.2 Cr | Investors: an individual |
| Sep 2020 | Rights issue | ₹1.38 Cr | Investors: Nitstone Capital Private Limited , an individual |
| Feb 2019 | Rights issue | ₹3.2 Cr | Investors: Nitstone Capital Private Limited , an individual |
| Apr 2018 | Secondary share transfer | Undisclosed | Buyer: Nitstone Capital Private Limited , an individual Seller: 2 individuals |
| Mar 2017 | Rights issue | ₹1.71 Cr | Investors: Nitstone Capital Private Limited , an individual |
To see the full deal history of Nitstone Finserv Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Nitstone Finserv Private Limited has 156 court cases on record: 156 filed by Nitstone Finserv. 68 cases are pending and 88 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 156 | 0 | 68 |
Cases on record (5 of 156)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
To see the full case history of Nitstone Finserv Private Limited, 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 Nitstone Finserv Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nitstone Finserv has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCS8035L1ZW | Karnataka | Active | 01 Aug 2018 |
To see the full GST registrations and return filing status of Nitstone Finserv Private Limited, buy the company report.
Recent activity
Nitstone Finserv Private Limited has 16 board changes on record since 2006: 6 appointments and 10 cessations. The latest: Rangarajulu Ravichandran was appointed as Director on 10 Mar 2026.
7 earlier events are in the company report.
News
Frequently asked questions
Nitstone Finserv is an active private limited company based in Bangalore, Karnataka, India. The company works in nbfc, within the financial services industry. It was incorporated on 21 February 1997 (29+ years old) and is registered under CIN U65910KA1997PTC021852.
Nitstone Finserv has 6 current directors:
- Radhakrishnan Senthil Kumar - Managing Director
- Vishwanath Prasad Singh - Director
- Nitesh Shetty - Director
- Rangarajulu Ravichandran - Director
- Kapil Mohan - Director
- Kenneth Blatt Marc - Director
The latest financial statements of Nitstone Finserv on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 15 June 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Nitstone Finserv is 29AACCS8035L1ZW, registered in Karnataka.
The CIN (Corporate Identification Number) of Nitstone Finserv is U65910KA1997PTC021852. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nitstone Finserv has 156 court cases on record: 156 filed by the company. 68 are pending.
Nitstone Finserv was incorporated on 21 February 1997, making it 29+ years old. It is registered with the Registrar of Companies, Bangalore.
Nitstone Finserv has 8 deals on record (4 rights issues, 4 secondary share transfers); the latest was in March 2022.
The peers of Nitstone Finserv by revenue are Sureshot Fincon Private Limited, Anu Colonisers Limited, Sikha Trade and Investment Pvt Ltd, Premjee Truck Finance Co Pvt Ltd, Purohit Financial Services Private Limited and 1 more, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Rangarajulu Ravichandran was appointed as Director on 10 Mar 2026. Kapil Mohan ceased to be Additional Director on 29 Sep 2025. Kapil Mohan was appointed as Director on 19 Sep 2025. Nitstone Finserv has 16 board changes on record in total.
Nitstone Finserv can be reached through the website nitstone.com. Its registered office is in Bangalore, Karnataka, India.
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