Precious Finserve India Limited
About Precious Finserve India Limited
Data last updated:
Precious Finserve India Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Diamond India Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 11 December 2017.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U32112MH2017PLC302670.
The company had an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.05 Cr. It was led by directors including Praveenshankar Pratapshankar Pandya (Managing Director) and Suresh Chimanlal Shah.
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 was at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹17.29 Lakh, a growth of 53% compared to the previous year. For the same year it recorded a net profit of ₹12.5 Lakh (net margin 72.3%) and EBITDA of ₹16.76 Lakh (EBITDA margin 96.9%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 4% over five years.
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- Registered Address203/ A 2nd Floor C Wing Fortune 2000 G Block Bandra Kurla Complex Bandra Eas, T, Mumbai, Maharashtra, India – 400051
- IndustryFinancial Services, Financial Activities
- 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
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Business Activity of Precious Finserve India Limited
The main business activity of Precious Finserve India is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Precious Finserve India Limited FY 2024 filings available
Precious Finserve India Limited reported revenue of ₹17.29 Lakh (up 53% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Precious Finserve India Limited
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 53% growth in the latest year. EBITDA rose 56% 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 of Precious Finserve India Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹16.76 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹12.5 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Precious Finserve India Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 96.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 72.3% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Precious Finserve India are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Precious Finserve India Limited
Precious Finserve India Limited is compared with the companies closest to it by revenue in the BFSI industry (Investment Banking). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Avino Capcons Private Limited | ₹18.08 Lakh (FY 2025) | •••• | •••• | 7.0% | •••• | Nagpur, Maharashtra, India |
| Hindusthan Credit Capital Ltd. | ₹18 Lakh (FY 2025) | •••• | •••• | 506.0% | •••• | Kolkata, West Bengal, India |
| PPD Investment Services Private Limited | ₹17.93 Lakh (FY 2022) | •••• | •••• | 1134.0% | •••• | Mumbai, Maharashtra, India |
| Rbsa Investments Private Limited | ₹17.64 Lakh (FY 2025) | •••• | •••• | 12.0% | •••• | Delhi, India |
| Sachin Morakhia Trading Private Limited | ₹17.54 Lakh (FY 2025) | •••• | •••• | -61.0% | •••• | Mumbai, Maharashtra, India |
| Precious Finserve India Limited this company | ₹17.29 Lakh (FY 2024) | •••• | •••• | 53.0% | •••• | Mumbai, Maharashtra, India |
| Das Securities Private Limited | ₹17.08 Lakh (FY 2025) | •••• | •••• | -42.0% | •••• | New Delhi, Delhi, India |
| Hansuttam Finance Limited | ₹17.07 Lakh (FY 2020) | •••• | •••• | -22.0% | •••• | New Delhi, Delhi, India |
| Sheoganj Corporate Consultants Private Limited | ₹17 Lakh (FY 2025) | •••• | •••• | 240.0% | •••• | Mumbai, Maharashtra, India |
| Emgee Media Integrated Services Private Limited | ₹17 Lakh (FY 2024) | •••• | •••• | -14.0% | •••• | Secunderabad, Telangana, India |
| R N Poly Plast Private Limited | ₹16.79 Lakh (FY 2025) | •••• | •••• | 9.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Precious Finserve India by revenue in the BFSI industry (Investment Banking), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Precious Finserve India Limited
Precious Finserve India has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Chimanlal Shah Also directs: Diamond India Limited, Twinkle Diamond Exports Private Limited, Bharat Diamond Bourse and 2 more | Director | 11 Dec 2017 | 8 Years 10 Months | As last reported |
| Dilip Sitapchand Dalal Also directs: Diamond India Limited | Director | 11 Dec 2017 | 8 Years 10 Months | As last reported |
| Praveenshankar Pratapshankar Pandya | Managing Director | 11 Dec 2017 | 8 Years 10 Months | As last reported |
| Sanjay Jayantilal Bhansali Also directs: Diamond India Limited, Neeshe Infrastructure Private Limited, Galaxy Ecohomes Private Limited and 2 more | Director | 13 Dec 2017 | 8 Years 10 Months | As last reported |
| Nilesh Navinchandra Shah Also directs: Diamond India Limited, Bulk Diamonds Private Limited | Director | 11 Dec 2017 | 8 Years 10 Months | As last reported |
Charges & Borrowings of Precious Finserve India Limited
Precious Finserve India Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Precious Finserve India Limited
Employment history and EPFO contributions of people linked to Precious Finserve India.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Precious Finserve India Limited
Precious Finserve India has one previous CIN (Corporate Identification Number): U65929MH2017PLC302670. The current CIN is U32112MH2017PLC302670, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U32112MH2017PLC302670 | Current |
| U65929MH2017PLC302670 | Previous |
Recent Activity on Precious Finserve India Limited
Precious Finserve India Limited has 9 board changes on record since 2017: 5 appointments and 4 cessations. The latest: Sanjay Jayantilal Bhansali ceased to be Additional Director on 30 Sep 2019.
Credit Ratings, Litigation & Regulatory Alerts for Precious Finserve India Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Precious Finserve India Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Precious Finserve India Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Precious Finserve India Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Precious Finserve India Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Precious Finserve India Limited
Precious Finserve India has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Precious Finserve India was a public limited company based in Mumbai, Maharashtra, India. The company worked in financial activities, within the financial services industry. It was incorporated on 11 December 2017 and is registered under CIN U32112MH2017PLC302670. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Precious Finserve India was incorporated on 11 December 2017. It is registered with the Registrar of Companies, Mumbai.
Precious Finserve India had 5 directors:
- Praveenshankar Pratapshankar Pandya - Managing Director
- Suresh Chimanlal Shah - Director
- Dilip Sitapchand Dalal - Director
- Sanjay Jayantilal Bhansali - Director
- Nilesh Navinchandra Shah - Director
The CIN (Corporate Identification Number) of Precious Finserve India is U32112MH2017PLC302670. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Precious Finserve India is at 203 A 2nd Floor C Wing Fortune 2000 G Block Bandra Kurla Complex Bandra Eas, T, Mumbai, Maharashtra, India – 400051.
Precious Finserve India reported revenue of ₹17.29 Lakh for FY 2024 (up 53% YoY).
Precious Finserve India has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.05 Cr.
Precious Finserve India reported a net profit of ₹12.5 Lakh (net margin 72.3%) and EBITDA of ₹16.76 Lakh (EBITDA margin 96.9%) for FY 2024, as per its filed financial statements.
Precious Finserve India operated in the financial services industry, in the financial activities segment.
The compounded annual growth rate (CAGR) of the revenue of Precious Finserve India is 10% over three years and 4% over five years. In the latest year (FY 2024) revenue rose 53%. CAGR is the steady yearly rate that links the first and the last year.