Root Finserve Private Limited
About Root Finserve Private Limited
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Root Finserve Private Limited is a private limited company based in Jaipur, Rajasthan, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 21 September 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U25201RJ1995PTC010759. Its GSTIN is 08AAFCS1170F1ZK (Rajasthan).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.91 Cr. It was formerly known as Shantinath Polytex Private Limited. It is led by directors including Rajeev Batra and Malkhan Singh.
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 3/67 Jawahar Nagar, Jaipur, Rajasthan, India – 302004.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.38 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹33.73 Lakh (net margin 24.5%) and EBITDA of ₹84.95 Lakh (EBITDA margin 61.6%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 36% over five years.
As per MCA filings, the company has satisfied charges of ₹60 Lakh on record. Court records list 27 cases involving the company, including 27 filed by the company; 14 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Root Finserve Private Limited's registered office is in Jaipur, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3/67 Jawahar Nagar, Jaipur, Rajasthan, India – 302004
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Root Finserve 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
Business activity
The main business activity of Root Finserve is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Root Finserve Private Limited, buy the company report.
Financials of Root Finserve Private Limited
FY 2025 filings availableRoot Finserve Private Limited reported revenue of ₹1.38 Cr (down 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 36%. EBITDA fell 22% 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 | ₹84.95 Lakh | ||||
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| Net Profit (PAT) | ₹33.73 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 | 61.6% | ||||
| Net Profit Margin | 24.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Root Finserve Private Limited, buy the company report.
Board of directors of Root Finserve Private Limited
Root Finserve has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajeev Batra | Director | 06 Jun 2018 | 8 Years 4 Months | Current |
| Malkhan Singh | Director | 06 Jun 2018 | 8 Years 4 Months | Current |
| Dinesh Nagpal | Director | 18 Sep 2018 | 8 Years 1 Months | Current |
| Mohit Wadhwa | Director | 22 Jun 2024 | 2 Years 4 Months | Current |
Peer comparison
Root Finserve Private Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Urc Warehousing Company Pvt. Ltd. | ₹1.38 Cr (FY 2025) | -28.0% | Kolkata, West Bengal, India | |||
| Steadfast Corporate Management Pvt. Ltd. | ₹1.38 Cr (FY 2025) | 1.0% | Kolkata, West Bengal, India | |||
| Supreet Vyapaar Pvt Ltd | ₹1.38 Cr (FY 2023) | -3.0% | Kolkata, West Bengal, India | |||
| Root Finserve Private Limitedthis company | ₹1.38 Cr (FY 2024) | ₹33.73 Lakh | 24.5% | -8.0% | Jaipur, Rajasthan, India | |
| Sabsang Finance Limited | ₹1.38 Cr (FY 2024) | -3.0% | New Delhi, Delhi, India | |||
| Flowing Desire Investment and Finance Private Limited | ₹1.38 Cr (FY 2024) | -33.0% | New Delhi, Delhi, India |
To see the full peer comparison of Root Finserve Private Limited, buy the company report.
Auditor
Root Finserve Private Limited is audited by Ummed Jain & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ummed Jain & Co. | FY 2022 | 119250W |
Shareholding
The shareholding of Root Finserve 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 Root Finserve Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Oct 2021 | 100516924 | City Union Bank Limited | ₹60 Lakh | Satisfied |
To see the full charge records of Root Finserve Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Root Finserve Private Limited has 27 court cases on record: 27 filed by Root Finserve. 14 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 27 | 0 | 14 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jaipur Metro I, Rajasthan | Court case (Complaint) | Filed by the company against Narayan | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against individuals | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against an individual | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against an individual | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Root Finserve 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
No delayed payments to MSME suppliers are on our record for Root Finserve Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Root Finserve has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAFCS1170F1ZK | Rajasthan | Active | 03 Jul 2019 |
To see the full GST registrations and return filing status of Root Finserve Private Limited, buy the company report.
Recent activity
Root Finserve Private Limited has 20 board changes on record since 1995: 12 appointments and 8 cessations. The latest: Mohit Wadhwa was appointed as Director on 22 Jun 2024.
13 earlier events are in the company report.
Frequently asked questions
Root Finserve is an active private limited company based in Jaipur, Rajasthan, India. The company works in nbfc, within the financial services industry. It was incorporated on 21 September 1995 (31+ years old) and is registered under CIN U25201RJ1995PTC010759.
Root Finserve has 4 current directors:
- Rajeev Batra - Director
- Malkhan Singh - Director
- Dinesh Nagpal - Director
- Mohit Wadhwa - Director
The latest financial statements of Root Finserve 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 Root Finserve is 08AAFCS1170F1ZK, registered in Rajasthan.
The CIN (Corporate Identification Number) of Root Finserve is U25201RJ1995PTC010759. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Root Finserve has 27 court cases on record: 27 filed by the company. 14 are pending.
Root Finserve was incorporated on 21 September 1995, making it 31+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Root Finserve by revenue are Urc Warehousing Company Pvt. Ltd, Steadfast Corporate Management Pvt. Ltd, Supreet Vyapaar Pvt Ltd, Sabsang Finance Limited, Flowing Desire Investment and Finance Private Limited, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Mohit Wadhwa was appointed as Director on 22 Jun 2024. Sarita Sethi ceased to be Director on 22 Jun 2024. Aanchal Ajay Khandelwal ceased to be Director on 20 Sep 2018. Root Finserve has 20 board changes on record in total.
The registered office of Root Finserve is at 367 Jawahar Nagar, Jaipur, Rajasthan, India – 302004.
Root Finserve operates in the financial services industry, in the nbfc segment.
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