MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-UP-28-0019082
Providential Platforms Private Limited - financial services in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹15.1 Cr
▲ 22% YoY
Net loss · FY 2025
₹6.22 Cr
Net margin -41.2%
EBITDA · FY 2025
-₹4.57 Cr
EBITDA margin -30.2%
Authorised capital
₹9.6 Cr
Registered with MCA
Paid-up capital
₹9.26 Cr
Issued & subscribed
Company age
10 yrs
Est. 2016
Employees · EPFO
51
Provident fund records
Directors on board
5
As per MCA filings
About Providential Platforms Private Limited
Data last updated:
Providential Platforms Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 01 August 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2016PTC303830. Its GSTIN is 09AAICP7195G1ZV (Uttar Pradesh). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹9.6 Cr and a paid-up capital of ₹9.26 Cr. It was formerly known as Providential Advisory Services Private Limited and Providential Advisory Service Private Limited. It is led by directors including Rahul Gupta and Vivek Khare.
Its last annual general meeting (AGM) was held on 29 October 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Private No. S – 203 Abc Complex 20 Veer Savarkar Block Shakarpur Shah, Dara, New Delhi, Delhi, India – 110092.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.1 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net loss of ₹6.22 Cr (net margin -41.2%) and EBITDA of -₹4.57 Cr (EBITDA margin -30.2%). Revenue has grown at a compounded annual rate (CAGR) of 66% over three years.
The company has about 51 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 2 brands: Providential and Nivesh. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it. The company has 18 deals on record (9 funding rounds, 6 secondary share transfers, 3 convertible or debt financings), with disclosed funding of ₹23.2 Cr; the latest was in May 2022. The company has 2 MSME Form 1 returns on record between 2019 and 2024, listing 5 overdue payments to 4 micro and small suppliers.
Providential Platforms Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-UP-28-0019082). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nivesh.com.
Company details
CIN U74999DL2016PTC303830
Registration Number 303830
Incorporation Date 01 August 2016
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 October 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-UP-28-0019082
Name history
Providential Platforms has undergone 2 name changes throughout its history. The company was previously known as Providential Advisory Services Private Limited, and Providential Advisory Service Private Limited. The current legal name is Providential Platforms Private Limited.
| Company Name | Status |
|---|---|
| Providential Platforms Private Limited | Current |
| Providential Advisory Services Private Limited | Previous |
| Providential Advisory Service Private Limited | Previous |
Recognitions & Rankings of Providential Platforms
Contact details
Providential Platforms Private Limited's registered office is in New Delhi, Delhi. Its website is nivesh.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPrivate No. S – 203 Abc Complex 20 Veer Savarkar Block Shakarpur Shah, Dara, New Delhi, Delhi, India – 110092
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Providential Platforms Private Limited, buy the company report.
Comprehensive company report
Providential Platforms Private Limited - one report that includes everything
- 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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Brands
Providential Platforms operates two associated brands: PROVIDENTIAL and Nivesh. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Wealth management and financial products are provided online for individuals. | nivesh.com | |
| Delivers comprehensive diversified personal loan services to individuals. | providential.in |
Business activity
The main business activity of Providential Platforms is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Providential Platforms Private Limited, buy the company report.
Financials of Providential Platforms Private Limited
FY 2024 filings availableProvidential Platforms Private Limited reported revenue of ₹15.1 Cr (up 22% YoY) for FY 2025.
Revenue · FY 2025
₹15.1 Cr ▲ 22%
Net loss · FY 2025
₹6.22 Cr margin -41.2%
EBITDA · FY 2025
-₹4.57 Cr margin -30.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 66%
EBITDA CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 13%
Revenue has grown at a compounded annual rate (CAGR) of 66% over three years, including 22% growth in the latest year. EBITDA rose 16% 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 | -₹4.57 Cr | ||||
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| Net Profit (PAT) | -₹6.22 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -30.2% | ||||
| Net Profit Margin | -41.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Providential Platforms Private Limited, buy the company report.
Board of directors of Providential Platforms Private Limited
Providential Platforms has 5 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Gupta Also directs: Evista Teccon LLP, Udyat Management LLP, Himalayan Creamery Private Limited and 5 more | Director | 27 Feb 2017 | 9 Years 7 Months | Current |
| Vivek Khare Also directs: Samavesh Insurance Brokers Private Limited, Lime Internet Private Limited, Lets Venture Advisors LLP and 4 more | Director | 02 May 2019 | 7 Years 5 Months | Current |
| Anurag Garg | Director | 01 Aug 2016 | 10 Years 2 Months | Current |
| Sridhar Srinivasan | Director | 12 Feb 2018 | 8 Years 8 Months | Current |
| Sudipta Gautam Also directs: Ian Consultancy LLP, Pandorum Technologies Private Limited, Oliveboard Comptech Private Limited and 1 more | Director | 09 Jun 2021 | 5 Years 4 Months | Current |
Auditor
Providential Platforms Private Limited is audited by WALKER CHANDIOK & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| WALKER CHANDIOK & CO LLP | FY 2023 | 001076N/N500013 |
Shareholding
The shareholding of Providential Platforms Private Limited 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 Providential Platforms Private Limited, buy the company report.
Deals & funding
Providential Platforms Private Limited has 18 deals on record (9 funding rounds, 6 secondary share transfers, 3 convertible or debt financings), with disclosed funding of ₹23.2 Cr; the latest was in May 2022.
Total deals
18
Funding rounds
9
Secondary share transfers
6
Convertible or debt financings
3
Disclosed funding
₹23.2 Cr
Deals on record (5 of 18)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2022 | Funding round · Pre-Series A | ₹3.99 Cr | Investors: Indian Angel Network Fund, Haystack Investments, 2 individuals |
| Jan 2022 | Secondary share transfer | Undisclosed | Buyer: TNBF Financial Services LLP Seller: Windrose Capital |
| Mar 2021 | Funding round · Pre-Series A | ₹8.14 Cr | Investors: Indian Angel Network Fund, LVX (LetsVenture), Mehta Pharmaceuticals Private Limited |
| Mar 2019 | Funding round · Seed | ₹4 Cr | Investors: Windrose Capital, LVX (LetsVenture), 2 individuals |
| Jul 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Tricity Technologies Private Limited |
To see the full deal history of Providential Platforms Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Providential Platforms Private Limited has 2 court cases on record: 1 filed by Providential Platforms, 1 filed against it. All cases are disposed.
Total cases
2
Filed by the company
1
Filed against the company
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Amroha, Uttar Pradesh | Court case (M A C P) | Filed by the company against G.S.F Lojistik Pvt.Ltd | Disposed |
| District court, Wayanad, Kerala | Criminal case | Filed against the company by Messers Sreeram Transport Finance Co. Ltd | Disposed |
To see the full case history of Providential Platforms 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
Providential Platforms Private Limited has 2 MSME Form 1 returns on record between 2019 and 2024, listing 5 overdue payments to 4 micro and small suppliers. 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Kyi Soft Solutions Private Limited | |||
| Athnikar Hotels Private Limited | |||
| Codearray Technologies Private Limited | |||
| DKM Online Private Limited |
To see the full MSME payment records of Providential Platforms Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Providential Platforms has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
2
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Samavesh Insurance Brokers Private Limited | U66020DL2020PTC370631 | |
| Wealthvarsity Private Limited | U74999DL2021PTC389769 |
To see the full group structure of Providential Platforms Private Limited, buy the company report.
Employees & EPFO
Providential Platforms Private Limited has a workforce of 51 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
51
Active EPFO establishments
1
Employee growth
-23.88%
GST
Providential Platforms has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAICP7195G1ZV | Uttar Pradesh | Active | 14 Jul 2017 |
| 27AAICP7195G1ZX | Maharashtra | Active | 28 Jun 2023 |
To see the full GST registrations and return filing status of Providential Platforms Private Limited, buy the company report.
Recent activity
Providential Platforms Private Limited has 13 board changes on record since 2016: 5 appointments and 8 cessations. The latest: Anurag Garg ceased to be Director on 14 Nov 2022.
AGM
Providential Platforms Private Limited last Annual general meeting of members was held on 29 Oct 2024 as per latest MCA records.
Filing
Providential Platforms Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Ceased
Anurag Garg ceased to be Director.
Ceased
Sudipta Gautam ceased to be Additional Director.
Appointed
Sudipta Gautam was appointed as Director.
Ceased
Pulkit Jain ceased to be Director.
Ceased
Vivek Khare ceased to be Additional Director.
Appointed
Vivek Khare was appointed as Director.
Ceased
Sridhar Srinivasan ceased to be Additional Director.
Ceased
Ruchi Garg ceased to be Director.
Appointed
Sridhar Srinivasan was appointed as Director.
Ceased
Rahul Gupta ceased to be Additional Director.
4 earlier events are in the company report.
News
Frequently asked questions
Providential Platforms is an active private limited company based in New Delhi, Delhi, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 01 August 2016 (10+ years old) and is registered under CIN U74999DL2016PTC303830.
Providential Platforms has 5 current directors:
- Rahul Gupta - Director
- Vivek Khare - Director
- Anurag Garg - Director
- Sridhar Srinivasan - Director
- Sudipta Gautam - Director
The latest financial statements of Providential Platforms on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 29 October 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Providential Platforms is 09AAICP7195G1ZV, registered in Uttar Pradesh. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAICP7195G1ZX (Maharashtra).
The CIN (Corporate Identification Number) of Providential Platforms is U74999DL2016PTC303830. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Providential Platforms has 2 court cases on record: 1 filed by the company and 1 filed against it.
Providential Platforms was incorporated on 01 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Delhi.
Providential Platforms has 18 deals on record (9 funding rounds, 6 secondary share transfers, 3 convertible or debt financings), with disclosed funding of ₹23.2 Cr; the latest was in May 2022.
Anurag Garg ceased to be Director on 14 Nov 2022. Sudipta Gautam ceased to be Additional Director on 28 Sep 2021. Sudipta Gautam was appointed as Director on 09 Jun 2021. Providential Platforms has 13 board changes on record in total.
Yes, Providential Platforms is registered as an MSME under Udyam registration (number: UDYAM-UP-28-0019082).
Providential Platforms has 2 MSME Form 1 returns on record between 2019 and 2024, listing 5 overdue payments to 4 micro and small suppliers. The latest return was filed on 26 Apr 2024.