Piyush Fiscal Ltd
About Piyush Fiscal Ltd
Data last updated:
Piyush Fiscal Ltd is a public limited company based in Kolkata, West Bengal, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 22 March 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U67120WB1990PLC048649. Its GSTIN is 29AABCP4802F1ZM (Karnataka).
The company has an authorised share capital of ₹29.5 Cr and a paid-up capital of ₹16.86 Cr. It was formerly known as Piyush Fiscal Pvt Ltd. It is led by directors including Manish Agarwal (Managing Director) and Rishav Sethia.
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 156A Mahatma Gandhi Rd, Kolkata, West Bengal, India – 700007.
As per the financials filed for FY 2025, the company reported a revenue of ₹33.64 Cr, a decline of 71% compared to the previous year. For the same year it recorded a net loss of ₹12.86 Cr (net margin -38.2%) and EBITDA of -₹15.35 Cr (EBITDA margin -45.6%). Revenue has grown at a compounded annual rate (CAGR) of 59% over three years and 28% over five years.
As per MCA filings, the company has open charges of ₹109.5 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Piyush Fiscal Ltd's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address156A Mahatma Gandhi Rd, Kolkata, West Bengal, India – 700007
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Piyush Fiscal 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
Business activity
The main business activities of Piyush Fiscal are trade and financial and insurance service. In detail, this covers wholesale trading and other financial activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Piyush Fiscal Ltd, buy the company report.
Financials of Piyush Fiscal Ltd
FY 2025 filings availablePiyush Fiscal Ltd reported revenue of ₹33.64 Cr (down 71% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 71% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 28%. EBITDA rose 61% 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 | -₹15.35 Cr | ||||
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| Net Profit (PAT) | -₹12.86 Cr | ||||
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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 | -45.6% | ||||
| Net Profit Margin | -38.2% | ||||
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To see the full financial statements and ratios of Piyush Fiscal Ltd, buy the company report.
Board of directors of Piyush Fiscal Ltd
Piyush Fiscal has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rishav Sethia | Director | 01 Jun 2025 | 1 Years 5 Months | Current |
| Sagar Ramsisaria Also directs: Siddhisadhana Commercial Private Limited, Satyakirti Commercial Private Limited, Mahinath Commercial Private Limited and 5 more | Director | 25 Jan 2021 | 5 Years 9 Months | Current |
| Ram Awtar Ramsisaria | Director | 26 Aug 2020 | 6 Years 2 Months | Current |
| Manish Agarwal Also directs: P P Granites Private Limited, Siddhisadhana Commercial Private Limited, Satyakirti Commercial Private Limited and 5 more | Managing Director | 26 Aug 2020 | 6 Years 2 Months | Current |
Auditor
Piyush Fiscal Ltd is audited by GANERIWALA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GANERIWALA & CO. | FY 2023 | 000855S |
Shareholding
The shareholding of Piyush Fiscal Ltd 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 Piyush Fiscal Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Jun 2018 | 100188744 | State Bank of India | ₹109.5 Cr | Open |
To see the full charge records of Piyush Fiscal Ltd, buy the company report.
Total charge records: 1 View all charges
Legal cases
Piyush Fiscal Ltd has 2 court cases on record: 2 filed by Piyush Fiscal. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, West Bengal | Writ petition | Filed by the company against Union of India and Ors | Disposed |
| High Court | Writ petition | Filed by the company against The Registrar of Companies, W.B. | Disposed |
To see the full case history of Piyush Fiscal 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 Piyush Fiscal Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Piyush Fiscal has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCP4802F1ZM | Karnataka | Active | 13 Jul 2022 |
To see the full GST registrations and return filing status of Piyush Fiscal Ltd, buy the company report.
Recent activity
Piyush Fiscal Ltd has 13 board changes on record since 2014: 5 appointments and 8 cessations. The latest: Pramod Dugar ceased to be Director on 02 Jun 2025.
6 earlier events are in the company report.
Frequently asked questions
Piyush Fiscal is an active public limited company based in Kolkata, West Bengal, India. The company works in nbfc, within the financial services industry. It was incorporated on 22 March 1990 (36+ years old) and is registered under CIN U67120WB1990PLC048649.
Piyush Fiscal has 4 current directors:
- Manish Agarwal - Managing Director
- Rishav Sethia - Director
- Sagar Ramsisaria - Director
- Ram Awtar Ramsisaria - Director
The latest financial statements of Piyush Fiscal 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 Piyush Fiscal is 29AABCP4802F1ZM, registered in Karnataka.
The CIN (Corporate Identification Number) of Piyush Fiscal is U67120WB1990PLC048649. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Piyush Fiscal has 2 court cases on record: 2 filed by the company.
Piyush Fiscal was incorporated on 22 March 1990, making it 36+ years old. It is registered with the Registrar of Companies, Kolkata.
Pramod Dugar ceased to be Director on 02 Jun 2025. Rishav Sethia was appointed as Director on 01 Jun 2025. Manish Agarwal ceased to be Director on 30 Nov 2021. Piyush Fiscal has 13 board changes on record in total.
The registered office of Piyush Fiscal is at 156A Mahatma Gandhi Rd, Kolkata, West Bengal, India – 700007.
Piyush Fiscal operates in the financial services industry, in the nbfc segment.
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