About NM Financiers Private Limited
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NM Financiers Private Limited is a private limited company based in Jaipur, Rajasthan, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 04 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U65991RJ2008PTC026285. Its GSTIN is 08AACCH0140B1ZE (Rajasthan).
The company has an authorised share capital of ₹70 Lakh and a paid-up capital of ₹70 Lakh. It was formerly known as Highrise Propcon Private Limited. It is led by directors including Kavita Jain and Manish Bachhawat.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 2nd Floor Wisdom Plot No 23 Purohit Ji Ka Bass 22 Godowns, Jaipur, Rajasthan, India – 302006.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.26 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹10.68 Lakh (net margin 0.9%) and EBITDA of ₹5.99 Cr (EBITDA margin 53.2%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 16% over five years.
As per MCA filings, the company has open charges of ₹87.33 Lakh and satisfied charges of ₹5 Cr on record. Court records list 1,672 cases involving the company, including 1,667 filed by the company and 5 filed against it; 1,460 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nmfinance.net.
Company details
CIN history
NM Financiers has one previous CIN (Corporate Identification Number): U45201RJ2008PTC026285. The current CIN is U65991RJ2008PTC026285, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65991RJ2008PTC026285 | Current |
| U45201RJ2008PTC026285 | Previous |
Contact details
NM Financiers Private Limited's registered office is in Jaipur, Rajasthan. Its website is nmfinance.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address2nd Floor Wisdom Plot No 23 Purohit Ji Ka Bass 22 Godowns, Jaipur, Rajasthan, India – 302006
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of NM Financiers 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
Business activity
The main business activity of NM Financiers is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of NM Financiers Private Limited, buy the company report.
Financials of NM Financiers Private Limited
FY 2025 filings availableNM Financiers Private Limited reported revenue of ₹11.26 Cr (up 19% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 19% growth in the latest year. EBITDA rose 21% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹5.99 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹10.68 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 53.2% | ||||
| Net Profit Margin | 0.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of NM Financiers Private Limited, buy the company report.
Board of directors of NM Financiers Private Limited
NM Financiers has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kavita Jain Also directs: Anuvibha Constructions Private Limited, Bikaner Gypsum Board Private Limited, Budgetride Ventures Private Limited and 2 more | Director | 04 Apr 2008 | 18 Years 6 Months | Current |
| Manish Bachhawat Also directs: Manvin Ventures Private Limited | Director | 11 Mar 2019 | 7 Years 7 Months | Current |
| Nishant Jain Also directs: Tradeswift Wealth Managers LLP, Tradeswift Capital Advisors LLP, Tradeswift Investment Managers LLP and 5 more | Director | 04 Apr 2008 | 18 Years 6 Months | Current |
Auditor
NM Financiers Private Limited is audited by SHAH SURENDRA & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAH SURENDRA & ASSOCIATES | FY 2022 | 004666C |
Shareholding
The shareholding of NM Financiers Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of NM Financiers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Mar 2025 | 101079196 | Axis Bank Limited | ₹69.83 Lakh | Open | |
| 21 Dec 2021 | 100536306 | Hdfc Bank Limited | ₹17.51 Lakh | Open | |
| 09 Nov 2022 | 100629620 | Others | ₹2 Cr | Satisfied | |
| 07 Dec 2021 | 100513155 | Others | ₹1 Cr | Satisfied | |
| 10 Oct 2019 | 100298143 | Others | ₹1 Cr | Satisfied |
To see the full charge records of NM Financiers Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
NM Financiers Private Limited has 1,672 court cases on record: 1,667 filed by NM Financiers, 5 filed against it. 1,460 cases are pending and 212 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1,672 | 5 | 1,460 |
Cases on record (5 of 1,672)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jaipur Metro I, Rajasthan | Criminal case | Filed by the company against an individual | Pending |
| District court, Jaipur Metro I, Rajasthan | Criminal case | Filed by the company against an individual | Pending |
| District court, Jaipur Metro I, Rajasthan | Criminal case | Filed by the company against an individual | Pending |
| District court, Jaipur Metro I, Rajasthan | Criminal case | Filed by the company against an individual | Pending |
| District court, Jaipur Metro I, Rajasthan | Criminal case | Filed by the company against an individual | Pending |
To see the full case history of NM Financiers 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 NM Financiers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
NM Financiers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AACCH0140B1ZE | Rajasthan | Active | 01 Jul 2022 |
To see the full GST registrations and return filing status of NM Financiers Private Limited, buy the company report.
Recent activity
NM Financiers Private Limited has 6 board changes on record since 2008: 3 appointments and 3 cessations. The latest: Manish Bachhawat was appointed as Director on 11 Mar 2019.
7 earlier events are in the company report.
Frequently asked questions
NM Financiers is an active private limited company based in Jaipur, Rajasthan, India. The company works in nbfc, within the financial services industry. It was incorporated on 04 April 2008 (18+ years old) and is registered under CIN U65991RJ2008PTC026285.
NM Financiers has 3 current directors:
- Kavita Jain - Director
- Manish Bachhawat - Director
- Nishant Jain - Director
The latest financial statements of NM Financiers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of NM Financiers is 08AACCH0140B1ZE, registered in Rajasthan.
The CIN (Corporate Identification Number) of NM Financiers is U65991RJ2008PTC026285. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
NM Financiers has 1,672 court cases on record: 1,667 filed by the company and 5 filed against it. 1,460 are pending.
NM Financiers was incorporated on 04 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Jaipur.
Manish Bachhawat was appointed as Director on 11 Mar 2019. Manish Bachhawat ceased to be Manager on 01 Sep 2017. Chain Singh Shekhawat ceased to be Director on 21 Mar 2015. NM Financiers has 6 board changes on record in total.
NM Financiers can be reached through the website nmfinance.net. Its registered office is in Jaipur, Rajasthan, India.
The registered office of NM Financiers is at 2nd Floor Wisdom Plot No 23 Purohit Ji Ka Bass 22 Godowns, Jaipur, Rajasthan, India – 302006.
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