Paradise Finance Private Limited
About Paradise Finance Private Limited
Data last updated:
Paradise Finance Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the taxation and compliance segment of the professional services sector. It was incorporated on 21 June 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65923MH1996PTC100416.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Lakh. It is led by directors Satish Bhagwandas Kanodia and Aruna Satish Kanodia.
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 302 Krishna Kunj Plot No.170 Shivaji Park Road No.5 Mahim Mumbai 400016, Maharashtra, India – 400016.
As per the financials filed for FY 2025, the company reported a revenue of ₹44,000, a decline of 70% compared to the previous year. For the same year it recorded a net profit of ₹343 (net margin 0.8%) and EBITDA of ₹343 (EBITDA margin 0.8%). Revenue has declined at a compounded annual rate (CAGR) of 31% over three years and 26% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Paradise Finance Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address302 Krishna Kunj Plot No.170 Shivaji Park Road No.5 Mahim Mumbai 400016, Maharashtra, India – 400016
- IndustryProfessional Services, Taxation, Book Keeping, Accounting
To see the full contact details of Paradise Finance 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 Paradise Finance is professional, scientific and technical activities. In detail, this covers legal and accounting activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 69 | Legal and accounting activities |
To see the full business activity and turnover split of Paradise Finance Private Limited, buy the company report.
Financials of Paradise Finance Private Limited
FY 2025 filings availableParadise Finance Private Limited reported revenue of ₹44,000 (down 70% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 26% over five years, including a 70% fall in the latest year. EBITDA fell 99% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹343 | ||||
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| Net Profit (PAT) | ₹343 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 0.8% | ||||
| Net Profit Margin | 0.8% | ||||
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To see the full financial statements and ratios of Paradise Finance Private Limited, buy the company report.
Board of directors of Paradise Finance Private Limited
Paradise Finance has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satish Bhagwandas Kanodia | Director | 24 Jun 1996 | 30 Years 4 Months | Current |
| Aruna Satish Kanodia | Director | 24 Jun 1996 | 30 Years 4 Months | Current |
Auditor
Paradise Finance Private Limited is audited by S.D.GANDHI & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.D.GANDHI & ASSOCIATES | FY 2017 | 035891 |
Shareholding
The shareholding of Paradise Finance Private Limited 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 Paradise Finance Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Paradise Finance Private Limited 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 Paradise Finance Private Limited; 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 Paradise Finance Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Paradise Finance Private Limited has 2 board changes on record since 1996: 2 appointments. The latest: Aruna Satish Kanodia was appointed as Director on 24 Jun 1996.
Frequently asked questions
Paradise Finance is an active private limited company based in Mumbai, Maharashtra, India. The company works in taxation, within the professional services industry. It was incorporated on 21 June 1996 (30+ years old) and is registered under CIN U65923MH1996PTC100416.
Paradise Finance has 2 current directors:
- Satish Bhagwandas Kanodia - Director
- Aruna Satish Kanodia - Director
The latest financial statements of Paradise Finance 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 CIN (Corporate Identification Number) of Paradise Finance is U65923MH1996PTC100416. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paradise Finance was incorporated on 21 June 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
Aruna Satish Kanodia was appointed as Director on 24 Jun 1996. Satish Bhagwandas Kanodia was appointed as Director on 24 Jun 1996.
The registered office of Paradise Finance is at 302 Krishna Kunj Plot No.170 Shivaji Park Road No.5 Mahim Mumbai 400016, Maharashtra, India – 400016.
Paradise Finance operates in the professional services industry, in the taxation segment.
The compliance status of Paradise Finance is compliant as of 21 September 2026. The company is actively filing with the Registrar of Companies.
Paradise Finance can be reached at its registered office: 302 Krishna Kunj Plot No.170 Shivaji Park Road No.5 Mahim Mumbai 400016, Maharashtra, India – 400016.
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