
Scholar Finance Private Limited
About Scholar Finance Private Limited
Data last updated:
Scholar Finance Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 27 March 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65910MH1996PTC098467. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Adivarahan Subramanian and Jagdish Prabhakar Lavekar.
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 Flat No 11 1st Flr. Sharmistha Tarangan Pokhran Rd No 2, Thane, Maharashtra, India – 400606.
As per the financials filed for FY 2022, the company reported a revenue of ₹12.97 Lakh, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹9.47 Lakh (net margin 73%) and EBITDA of -₹29,055 (EBITDA margin -2.2%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 46% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Scholar Finance Private Limited's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No 11 1st Flr. Sharmistha Tarangan Pokhran Rd No 2, Thane, Maharashtra, India – 400606
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Scholar 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
Financials of Scholar Finance Private Limited
FY 2025 filings availableScholar Finance Private Limited reported revenue of ₹12.97 Lakh (down 13% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 46%. 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹12.97 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹29,055 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.47 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.2% | ||||
| Net Profit Margin | 73% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Inventory Days | |||||
| Revenue Growth | |||||
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To see the full financial statements and ratios of Scholar Finance Private Limited, buy the company report.
Board of directors of Scholar Finance Private Limited
Scholar Finance has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Adivarahan Subramanian Also directs: Srushti Infra & Agro Projects LLP, Centurion Prima Advisors Private Limited, Unnati Advisors Private Limited and 5 more | Director | 13 Dec 2017 | 8 Years 10 Months | Current |
| Jagdish Prabhakar Lavekar Also directs: Srushti Infra & Agro Projects LLP, Centurion Prima Advisors Private Limited, Unnati Advisors Private Limited and 4 more | Director | 13 Aug 2000 | 26 Years 2 Months | Current |
Auditor
Scholar Finance Private Limited is audited by ARVIND MAHAJAN & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ARVIND MAHAJAN & ASSOCIATES | FY 2022 | 116096W |
Shareholding
The shareholding of Scholar Finance Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Scholar Finance Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Scholar 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Scholar Finance Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Scholar Finance has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Scholar Finance Private Limited, buy the company report.
Recent activity
Scholar Finance Private Limited has 4 board changes on record since 2000: 2 appointments and 2 cessations. The latest: Adivarahan Subramanian ceased to be Additional Director on 28 Sep 2018.
Frequently asked questions
Scholar Finance is an active private limited company based in Thane, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 27 March 1996 (30+ years old) and is registered under CIN U65910MH1996PTC098467.
Scholar Finance has 2 current directors:
- Adivarahan Subramanian - Director
- Jagdish Prabhakar Lavekar - Director
The latest financial statements of Scholar Finance 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.
No. Scholar Finance has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Scholar Finance is U65910MH1996PTC098467. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Scholar Finance was incorporated on 27 March 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
Adivarahan Subramanian ceased to be Additional Director on 28 Sep 2018. Santosh Mansing Pawar ceased to be Director on 02 Jan 2018. Adivarahan Subramanian was appointed as Director on 13 Dec 2017. Scholar Finance has 4 board changes on record in total.
The registered office of Scholar Finance is at Flat No 11 1st Flr. Sharmistha Tarangan Pokhran Rd No 2, Thane, Maharashtra, India – 400606.
Scholar Finance operates in the financial services industry, in the diversified financial services segment.
The compliance status of Scholar Finance is compliant as of 28 September 2026. The company is actively filing with the Registrar of Companies.

