Sheth Financial Services Private Limited
About Sheth Financial Services Private Limited
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Sheth Financial Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 06 February 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74140MH1992PTC065256. The company has 1 GST registration on record, which is no longer active.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 was formerly known as Pl Research and Development Pvt Ltd. It is led by directors including Arun Prabhudas Sheth and Lina Dhiren Sheth.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Flat No 604 6th Floor Residency Chs Ltd. A Wing Plot No 38 Four Bunglows Versova, Mumbai, Maharashtra, India – 400058.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.34 Lakh, a decline of 43% compared to the previous year. For the same year it recorded a net loss of ₹9.1 Lakh (net margin -63.5%) and EBITDA of ₹10.43 Lakh (EBITDA margin 72.8%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 2% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sheth Financial Services Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressFlat No 604 6th Floor Residency Chs Ltd. A Wing Plot No 38 Four Bunglows Versova, Mumbai, Maharashtra, India – 400058
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Sheth Financial Services 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 Sheth Financial Services 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 Sheth Financial Services Private Limited, buy the company report.
Financials of Sheth Financial Services Private Limited
FY 2025 filings availableSheth Financial Services Private Limited reported revenue of ₹14.34 Lakh (down 43% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 43% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 44% 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 | ₹10.43 Lakh | ||||
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| Net Profit (PAT) | -₹9.1 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 | 72.8% | ||||
| Net Profit Margin | -63.5% | ||||
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To see the full financial statements and ratios of Sheth Financial Services Private Limited, buy the company report.
Board of directors of Sheth Financial Services Private Limited
Sheth Financial Services has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Prabhudas Sheth Also directs: Mihiras Finserve Private Limited, Samya Consulting Private Limited | Director | 06 Feb 1992 | 34 Years 8 Months | Current |
| Lina Dhiren Sheth | Director | 11 Nov 2014 | 11 Years 11 Months | Current |
| Mihir Arun Sheth Also directs: Mihiras Finserve Private Limited | Director | 30 Aug 2001 | 25 Years 1 Months | Current |
| Dhiren Prabhudas Sheth Also directs: Mihiras Finserve Private Limited, Samya Consulting Private Limited, Prabhudas Lilladher Advisory Services Limited and 4 more | Director | 06 Feb 1992 | 34 Years 8 Months | Current |
| Purnima Arun Sheth Also directs: Samya Consulting Private Limited | Director | 11 Nov 2014 | 11 Years 11 Months | Current |
Auditor
Sheth Financial Services Private Limited is audited by R H M & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R H M & CO | FY 2021 | 122074W |
Shareholding
The shareholding of Sheth Financial Services Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Sheth Financial Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sheth Financial Services 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 Sheth Financial Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sheth Financial Services 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 Sheth Financial Services Private Limited, buy the company report.
Recent activity
Sheth Financial Services Private Limited has 8 board changes on record since 1992: 5 appointments and 3 cessations. The latest: Lina Dhiren Sheth ceased to be Additional Director on 28 Sep 2015.
Frequently asked questions
Sheth Financial Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 06 February 1992 (34+ years old) and is registered under CIN U74140MH1992PTC065256.
Sheth Financial Services has 5 current directors:
- Arun Prabhudas Sheth - Director
- Lina Dhiren Sheth - Director
- Mihir Arun Sheth - Director
- Dhiren Prabhudas Sheth - Director
- Purnima Arun Sheth - Director
The latest financial statements of Sheth Financial Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
No. Sheth Financial Services has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Sheth Financial Services is U74140MH1992PTC065256. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sheth Financial Services was incorporated on 06 February 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
Lina Dhiren Sheth ceased to be Additional Director on 28 Sep 2015. Purnima Arun Sheth ceased to be Additional Director on 28 Sep 2015. Lina Dhiren Sheth was appointed as Director on 11 Nov 2014. Sheth Financial Services has 8 board changes on record in total.
The registered office of Sheth Financial Services is at Flat No 604 6th Floor Residency Chs Ltd. A Wing Plot No 38 Four Bunglows Versova, Mumbai, Maharashtra, India – 400058.
Sheth Financial Services operates in the financial services industry, in the brokerage and trading services segment.
The compliance status of Sheth Financial Services is compliant as of 13 July 2026. The company is actively filing with the Registrar of Companies.