
Plunge Capital Private Limited
About Plunge Capital Private Limited
Data last updated:
Plunge Capital Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the financial auxiliary services segment of the financial services sector. It was incorporated on 28 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67100MH2018PTC314975.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.25 Cr. It is led by directors Balraj Dubey and Anil Krishnan Sachidanand.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.67 Lakh, a decline of 39% compared to the previous year. For the same year it recorded a net loss of ₹7.37 Lakh (net margin -44.2%) and EBITDA of -₹5.28 Lakh (EBITDA margin -31.7%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 26% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
Company details
Contact details
Plunge Capital Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressUnit No. 708 Accord Classic Station Road Jayprakash Nagar Goregaon, East, Mumbai, Maharashtra, India – 400063
- IndustryFinancial Services, Auxiliary To Financial Intermediatory
To see the full contact details of Plunge Capital 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
Financials of Plunge Capital Private Limited
FY 2024 filings availablePlunge Capital Private Limited reported revenue of ₹16.67 Lakh (down 39% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 39% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 26%. EBITDA fell 894% 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 | -₹5.28 Lakh | ||||
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| Net Profit (PAT) | -₹7.37 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -31.7% | ||||
| Net Profit Margin | -44.2% | ||||
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To see the full financial statements and ratios of Plunge Capital Private Limited, buy the company report.
Board of directors of Plunge Capital Private Limited
Plunge Capital has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balraj Dubey | Director | 28 Sep 2018 | 8 Years 1 Months | Current |
| Anil Krishnan Sachidanand | Director | 22 Feb 2023 | 3 Years 8 Months | Current |
Peer comparison
Plunge Capital Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Other Financial Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| MM Fiscal Services Private Limited | ₹16.69 Lakh (FY 2021) | -45.0% | New Delhi, Delhi, India | |||
| Usha Polytex Limited | ₹16.69 Lakh (FY 2025) | 5.0% | Kanpur, Uttar Pradesh, India | |||
| Kamal Leasing Private Limited | ₹16.68 Lakh (FY 2025) | -45.0% | New Delhi, Delhi, India | |||
| Advay Estates Private Limited | ₹16.68 Lakh (FY 2025) | -33.0% | Sadar Bazar, Delhi, India | |||
| Ohio Capital Private Limited | ₹16.67 Lakh (FY 2024) | 71.0% | Kolkata, West Bengal, India | |||
| Plunge Capital Private Limitedthis company | ₹16.67 Lakh (FY 2024) | -₹7.37 Lakh | -44.2% | -39.0% | Mumbai, Maharashtra, India | |
| Sri Viral Chit Funds Private Limited | ₹16.67 Lakh (FY 2025) | -10.0% | Coimbatore, Tamil Nadu, India | |||
| Minicom Agro Industries Pvt Ltd | ₹16.66 Lakh (FY 2025) | -3.0% | Kolkata, West Bengal, India | |||
| Kwikfin Credit Limited | ₹16.66 Lakh (FY 2024) | 69.0% | Surat, Gujarat, India | |||
| Infinzo Multiventures Private Limited | ₹16.64 Lakh (FY 2024) | 16.0% | Rajkot, Gujarat, India | |||
| Amulyanidhi (India) Limited | ₹16.64 Lakh (FY 2025) | -23.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Plunge Capital Private Limited, buy the company report.
Auditor
Plunge Capital Private Limited is audited by Suyash Sanjay Jhunjhunwala for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Suyash Sanjay Jhunjhunwala | FY 2023 | 168862 |
Legal cases
Plunge Capital Private Limited has 1 court case on record: 1 filed by Plunge Capital. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Union of India and Anr Anr and 1 other | Disposed |
To see the full case history of Plunge Capital 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
Plunge Capital Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| KKC & Associates LLP |
To see the full MSME payment records of Plunge Capital Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
No GST registration is on our record for Plunge Capital Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Plunge Capital Private Limited has 6 board changes on record since 2018: 2 appointments and 4 cessations. The latest: Brijbhuvan Singh ceased to be Director on 24 Feb 2023.
Frequently asked questions
Plunge Capital is an active private limited company based in Mumbai, Maharashtra, India. The company works in auxiliary to financial intermediatory, within the financial services industry. It was incorporated on 28 September 2018 (8+ years old) and is registered under CIN U67100MH2018PTC314975.
Plunge Capital has 2 current directors:
- Balraj Dubey - Director
- Anil Krishnan Sachidanand - Director
The latest financial statements of Plunge Capital on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.
The CIN (Corporate Identification Number) of Plunge Capital is U67100MH2018PTC314975. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Plunge Capital has 1 court case on record: 1 filed by the company.
Plunge Capital was incorporated on 28 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Plunge Capital by revenue are MM Fiscal Services Private Limited, Usha Polytex Limited, Kamal Leasing Private Limited, Advay Estates Private Limited, Ohio Capital Private Limited and 5 more, all in the BFSI industry (Other Financial Services).
Brijbhuvan Singh ceased to be Director on 24 Feb 2023. Anil Krishnan Sachidanand was appointed as Director on 22 Feb 2023. Jitendra Natwarlal Shah ceased to be Director on 24 Sep 2020. Plunge Capital has 6 board changes on record in total.
Plunge Capital has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 17 Nov 2019.
The registered office of Plunge Capital is at Unit No. 708 Accord Classic Station Road Jayprakash Nagar Goregaon, East, Mumbai, Maharashtra, India – 400063.
Plunge Capital operates in the financial services industry, in the auxiliary to financial intermediatory segment.
Plunge Capital can be reached at its registered office: Unit No. 708 Accord Classic Station Road Jayprakash Nagar Goregaon, East, Mumbai, Maharashtra, India – 400063.

