About Sarwadi Finance Private Limited
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Sarwadi Finance Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 27 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U67100WB2017PTC235052. Its GSTIN is 19AAYCS4039G1ZQ (West Bengal).
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹16.5 Cr. It is led by directors including Diksha Shah (Managing Director) and Prateek Saraf.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 28/1 Shakespeare Sarani Ganga Jamuna 3rd Floor Flat No. 31, Kolkata, West Bengal, India – 700017.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.09 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹65.34 Lakh (net margin 16%) and EBITDA of ₹1.41 Cr (EBITDA margin 34.5%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 13% over five years.
The company has about 74 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sarwadi Finance. The company has 8 deals on record (5 rights issues, 3 secondary share transfers); the latest was in March 2024. Its 3 peer companies in the BFSI industry (Finance, Micro Finance Institutions, Small Non Deposit NBFC), with the same principal business activity (other financial activities) are compared by revenue, 3 smaller; the largest is Hari Finance & Trade Pvt Ltd with revenue of ₹4.08 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sarwadi.in.
Company details
CIN history
Sarwadi Finance has one previous CIN (Corporate Identification Number): U67100AS2017PTC017859. The current CIN is U67100WB2017PTC235052, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67100WB2017PTC235052 | Current |
| U67100AS2017PTC017859 | Previous |
Contact details
Sarwadi Finance Private Limited's registered office is in Kolkata, West Bengal. Its website is sarwadi.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address28/1 Shakespeare Sarani Ganga Jamuna 3rd Floor Flat No. 31, Kolkata, West Bengal, India – 700017
- IndustryFinancial Services, Microfinance Institutions, NBFC
To see the full contact details of Sarwadi Finance 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
Brands
Sarwadi Finance operates one associated brand: Sarwadi Finance. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Microfinance services and group loans for women in India. | sarwadi.in |
Business activity
The main business activity of Sarwadi Finance 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 Sarwadi Finance Private Limited, buy the company report.
Financials of Sarwadi Finance Private Limited
FY 2025 filings availableSarwadi Finance Private Limited reported revenue of ₹4.09 Cr (down 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 23% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA fell 40% 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 | ₹1.41 Cr | ||||
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| Net Profit (PAT) | ₹65.34 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| EBITDA Margin | 34.5% | ||||
| Net Profit Margin | 16% | ||||
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To see the full financial statements and ratios of Sarwadi Finance Private Limited, buy the company report.
Board of directors of Sarwadi Finance Private Limited
Sarwadi Finance has 7 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prateek Saraf | Director | 27 Mar 2017 | 9 Years 7 Months | Current |
| Pawan Kumar Shah Also directs: Nipha Enterprises LLP, Nipha Steels Ltd, Nipha Rail & Engineers Private Limited and 4 more | Director | 04 Mar 2019 | 7 Years 8 Months | Current |
| Diksha Shah Also directs: Nipha Limited, Nipha Finance Private Limited | Managing Director | 21 Mar 2022 | 4 Years 7 Months | Current |
| Rakesh Shah | Director | 01 Dec 2023 | 2 Years 11 Months | Current |
| Siddharth Shah | Director | 01 Dec 2023 | 2 Years 11 Months | Current |
| Shashank Shah Also directs: Nipha Enterprises LLP, Nipha Rail & Engineers Private Limited, Nipha Limited and 4 more | Director | 01 Dec 2023 | 2 Years 11 Months | Current |
Peer comparison
Sarwadi Finance Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Finance, Micro Finance Institutions, 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 |
|---|---|---|---|---|---|---|
| Sarwadi Finance Private Limitedthis company | ₹4.09 Cr (FY 2025) | ₹65.34 Lakh | 16% | -23.0% | 74 | Kolkata, West Bengal, India |
| Hari Finance & Trade Pvt Ltd | ₹4.08 Cr (FY 2024) | 51.0% | Kolkata, West Bengal, India | |||
| Shelter Finance Limited | ₹4.08 Cr (FY 2025) | 13.0% | Thrissur, Kerala, India | |||
| Bazel International Ltd. | ₹4.07 Cr (FY 2025) | -77.0% | New Delhi, Delhi, India |
To see the full peer comparison of Sarwadi Finance Private Limited, buy the company report.
Auditor
Sarwadi Finance Private Limited is audited by S R B & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B & ASSOCIATES | FY 2023 | 310009E |
Shareholding
The shareholding of Sarwadi Finance Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sarwadi Finance Private Limited, buy the company report.
Deals & funding
Sarwadi Finance Private Limited has 8 deals on record (5 rights issues, 3 secondary share transfers); the latest was in March 2024.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Rights issue | ₹1.5 Cr | Investors: Nipha Finance Private Limited |
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: Nipha Finance Private Limited Seller: Nipha Steels Ltd |
| Sep 2023 | Rights issue | ₹5.1 Cr | Investors: Nipha Steels Ltd , Nipha Finance Private Limited , 2 individuals |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Nipha Finance Private Limited Seller: Nipha Limited |
| Nov 2021 | Rights issue | ₹4.8 Cr | Investors: Nipha Steels Ltd , Nipha Finance Private Limited , 2 individuals |
To see the full deal history of Sarwadi Finance 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
No court or tribunal cases involving Sarwadi Finance Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Sarwadi Finance Private Limited was last rated by Icra on 26 Mar 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 26 Mar 2021 |
To see the full credit ratings and regulatory alerts of Sarwadi Finance Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sarwadi Finance Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sarwadi Finance Private Limited has a workforce of 74 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Sarwadi Finance has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAYCS4039G1ZQ | West Bengal | Active | 04 Jan 2019 |
To see the full GST registrations and return filing status of Sarwadi Finance Private Limited, buy the company report.
Recent activity
Sarwadi Finance Private Limited has 9 board changes on record since 2017: 8 appointments and 1 cessation. The latest: Rakesh Shah was appointed as Director on 01 Dec 2023.
Frequently asked questions
Sarwadi Finance is an active private limited company based in Kolkata, West Bengal, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 27 March 2017 (9+ years old) and is registered under CIN U67100WB2017PTC235052.
Sarwadi Finance has 7 current directors:
- Diksha Shah - Managing Director
- Prateek Saraf - Director
- Pawan Kumar Shah - Director
- Rakesh Shah - Director
- Siddharth Shah - Director
- Shashank Shah - Director
- Manas Biswal - Director
The latest financial statements of Sarwadi Finance on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Sarwadi Finance is 19AAYCS4039G1ZQ, registered in West Bengal.
The CIN (Corporate Identification Number) of Sarwadi Finance is U67100WB2017PTC235052. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sarwadi Finance was incorporated on 27 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Kolkata.
Sarwadi Finance has 8 deals on record (5 rights issues, 3 secondary share transfers); the latest was in March 2024.
The peers of Sarwadi Finance by revenue are Hari Finance & Trade Pvt Ltd, Shelter Finance Limited, Bazel International Ltd, all in the BFSI industry (Finance, Micro Finance Institutions, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Rakesh Shah was appointed as Director on 01 Dec 2023. Shashank Shah was appointed as Director on 01 Dec 2023. Siddharth Shah was appointed as Director on 01 Dec 2023. Sarwadi Finance has 9 board changes on record in total.
Sarwadi Finance can be reached through the website sarwadi.in. Its registered office is in Kolkata, West Bengal, India.
The registered office of Sarwadi Finance is at 281 Shakespeare Sarani Ganga Jamuna 3rd Floor Flat No. 31, Kolkata, West Bengal, India – 700017.
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