About Pushpanjli Finsolutions Limited
Data last updated:
Pushpanjli Finsolutions Limited was a public limited company based in Gurgaon, Haryana, India, operated as a subsidiary of Dhani Services 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 business and IT consulting segment of the business process outsourcing sector. It was incorporated on 11 December 2009.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U67190HR2009PLC114957.
The company had an authorised share capital of ₹6.76 Cr and a paid-up capital of ₹6.01 Cr. It was formerly known as Pushpanjli Finsolutions Private Limited. It was led by directors including Lalit Kumar Sharma and Usha Devi.
Its last annual general meeting (AGM) was held on 24 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at 108 IT Park, Gurgaon, Haryana.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.25 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹84.78 Lakh (net margin 67.9%) and EBITDA of ₹1.16 Cr (EBITDA margin 93.2%). Revenue has grown at a compounded annual rate (CAGR) of 74% over three years and 18% over five years.
As per MCA filings, the company had satisfied charges of ₹500 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending. The company has 10 deals on record (6 secondary share transfers, 4 funding rounds), with disclosed funding of ₹278 Cr; the latest was in March 2020.
The last known website on record is dhanistocks.com.
Company details
CIN history
Pushpanjli Finsolutions has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U67190HR2009PLC114957, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67190HR2009PLC114957 | Current |
| U67190DL2009PTC196822 | Previous |
| U67190DL2009PLC196822 | Previous |
Contact details
Pushpanjli Finsolutions Limited's registered office is in Gurgaon, Haryana. Its website is dhanistocks.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address5th Floor Plot No. 108 IT Park, Udyog Vihar Phase 1, Gurgaon, Haryana, India – 122016
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Pushpanjli Finsolutions 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 Pushpanjli Finsolutions 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 |
Financials of Pushpanjli Finsolutions Limited
FY 2024 filings availablePushpanjli Finsolutions Limited reported revenue of ₹1.25 Cr (down 2% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA fell 7% 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 | ₹1.16 Cr | ||||
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| Net Profit (PAT) | ₹84.78 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 93.2% | ||||
| Net Profit Margin | 67.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Pushpanjli Finsolutions Limited, buy the company report.
Board of directors of Pushpanjli Finsolutions Limited
Pushpanjli Finsolutions has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lalit Kumar Sharma Also directs: Indiabulls Residency Limited, Indiabulls Urbanheights Limited | Director | 01 Mar 2022 | 4 Years 8 Months | As last reported |
| Usha Devi Also directs: Indiabulls Urbanresidency Limited, Indiabulls Nests Limited, Indiabulls Residency Limited and 1 more | Director | 26 Apr 2024 | 2 Years 6 Months | As last reported |
| Prasant Kumar Dey Also directs: Viscaria Builders Private Limited, Indiabulls Cityheights Limited | Director | 20 Sep 2022 | 4 Years 1 Months | As last reported |
Auditor
Pushpanjli Finsolutions Limited is audited by Sumit Mohit & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sumit Mohit & Co | FY 2023 | 021502N |
Shareholding
The shareholding of Pushpanjli Finsolutions 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Pushpanjli Finsolutions Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Oct 2020 | 100385856 | Idbi Trusteeship Services Limited | ₹500 Cr | Satisfied |
To see the full charge records of Pushpanjli Finsolutions Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Pushpanjli Finsolutions Limited has 10 deals on record (6 secondary share transfers, 4 funding rounds), with disclosed funding of ₹278 Cr; the latest was in March 2020.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Dhani Services Limited , 3 individuals Seller: Indiabulls Distribution Services Limited, 3 individuals |
| Mar 2014 | Secondary share transfer | Undisclosed | Seller: Indiabulls Distribution Services Limited |
| Nov 2013 | Secondary share transfer | Undisclosed | Buyer: Indiabulls Distribution Services Limited, an individual Seller: an individual |
| Jun 2013 | Funding round | ₹2 Cr | Investors: Indiabulls Distribution Services Limited |
| Mar 2013 | Secondary share transfer | Undisclosed | Seller: Indiabulls Cityheights Limited |
To see the full deal history of Pushpanjli Finsolutions 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
Pushpanjli Finsolutions Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Tax appeal | Filed against the company by Principal Commissioner of Income Tax - 7 | Pending |
To see the full case history of Pushpanjli Finsolutions 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
No delayed payments to MSME suppliers are on our record for Pushpanjli Finsolutions 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 Pushpanjli Finsolutions Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Pushpanjli Finsolutions Limited has 13 board changes on record since 2014: 3 appointments and 10 cessations. The latest: Usha Devi ceased to be Additional Director on 23 Sep 2024.
6 earlier events are in the company report.
Frequently asked questions
Pushpanjli Finsolutions 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.
Pushpanjli Finsolutions was a public limited company based in Gurgaon, Haryana, India. The company worked in business and IT consulting, within the business outsourcing industry. It was incorporated on 11 December 2009 and is registered under CIN U67190HR2009PLC114957. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Pushpanjli Finsolutions was incorporated on 11 December 2009. It is registered with the Registrar of Companies, Delhi.
Pushpanjli Finsolutions had 3 directors:
- Lalit Kumar Sharma - Director
- Usha Devi - Director
- Prasant Kumar Dey - Director
The CIN (Corporate Identification Number) of Pushpanjli Finsolutions is U67190HR2009PLC114957. 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 Pushpanjli Finsolutions is at 5th Floor Plot No. 108 IT Park, Udyog Vihar Phase 1, Gurgaon, Haryana, India – 122016.
Pushpanjli Finsolutions can be reached through the website dhanistocks.com. Its registered office is in Gurgaon, Haryana, India.
The latest financial statements of Pushpanjli Finsolutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 24 September 2024. Year-wise statements from 2015 are in the company report.
Pushpanjli Finsolutions operated in the business outsourcing industry, in the business and IT consulting segment.
Pushpanjli Finsolutions has 10 deals on record (6 secondary share transfers, 4 funding rounds), with disclosed funding of ₹278 Cr; the latest was in March 2020.
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