About Siemens Factoring Private Limited
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Siemens Factoring Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Siemens Financial Services Private Limited. It operates in the factoring NBFC segment of the financial services sector. It was incorporated on 18 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67200MH2017PTC295013. Its GSTIN is 27AAYCS6718A1ZZ (Maharashtra). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹65 Cr and a paid-up capital of ₹60 Cr. It is led by directors Prashant Shankar Shetty and Sunil Kapoor.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹40.9 Cr, a growth of 37.26% compared to the previous year.
The company has about 2 employees on its provident fund (EPFO) records.
Court records list 14 cases involving the company, including 14 filed by the company; 8 cases are pending. The company has 3 deals on record (1 rights issue, 1 funding round, 1 acquisition), with disclosed funding of ₹15 Cr; the latest was in July 2020.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website siemens.com.
Company details
Contact details
Siemens Factoring Private Limited's registered office is in Mumbai, Maharashtra. Its website is siemens.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBirla Aurora Level 21, Plot No. 1080 Dr. Annie Besant Road Worli, Mumbai, Maharashtra, India – 400030
- IndustryFinancial Services, Factoring NBFC, NBFC
To see the full contact details of Siemens Factoring 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
Siemens Factoring operates primarily in the financial and insurance service sector. One business activity is registered with the MCA.
| Main activity group | Business activity | Share of turnover |
|---|---|---|
| Financial and insurance Service | Financial and Credit leasing activities |
To see the full business activity and turnover split of Siemens Factoring Private Limited, buy the company report.
Financials of Siemens Factoring Private Limited
FY 2024 filings availableSiemens Factoring Private Limited reported revenue of ₹40.9 Cr (up 37.26% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 37.26% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Revenue from Operations | ₹40.9 Cr | ||||
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Financial Ratios
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To see the full financial statements and ratios of Siemens Factoring Private Limited, buy the company report.
Board of directors of Siemens Factoring Private Limited
Siemens Factoring has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prashant Shankar Shetty Also directs: Siemens Financial Services Private Limited | Director | 31 Oct 2022 | 3 Years 11 Months | Current |
| Sunil Kapoor Also directs: Siemens Financial Services Private Limited | Director | 18 May 2017 | 9 Years 5 Months | Current |
Auditor
Siemens Factoring Private Limited is audited by S.R. BATLIBOI & CO. LLP for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. BATLIBOI & CO. LLP | FY 2020 | 301003E |
Shareholding
The shareholding of Siemens Factoring 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 2021 | FY 2020 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Siemens Factoring Private Limited, buy the company report.
Deals & funding
Siemens Factoring Private Limited has 3 deals on record (1 rights issue, 1 funding round, 1 acquisition), with disclosed funding of ₹15 Cr; the latest was in July 2020.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2020 | Funding round | ₹15 Cr | Investors: Siemens Financial Services Private Limited |
| Oct 2018 | Rights issue | ₹15 Cr | Investors: Siemens Financial Services Private Limited |
| Jul 2017 | Acquisition | ₹29.99 Cr | Buyer: Siemens Financial Services Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Siemens Factoring Private Limited has 14 court cases on record: 14 filed by Siemens Factoring. 8 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 0 | 8 |
| High courts | 2 | 0 | 0 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against Endogenetic Life Sciences Pvt Ltd | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against Gladius Meditech Pvt Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against Network Bulls Technologies Pvt Ltd and 3 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against Network Bulls Technologies Pvt Ltd and 3 others | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against Endogenetic Life Sciences Pvt Ltd and Others | Disposed |
To see the full case history of Siemens Factoring 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 Siemens Factoring Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Siemens Factoring Private Limited has a workforce of 2 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Siemens Factoring has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAYCS6718A1ZZ | Maharashtra | Active | 12 Sep 2017 |
| 33AAYCS6718A1Z6 | Tamil Nadu | Active | 21 Sep 2017 |
| 29AAYCS6718A1ZV | Karnataka | Active | 22 Sep 2017 |
| 06AAYCS6718A1Z3 | Haryana | Active | 28 Sep 2017 |
To see the full GST registrations and return filing status of Siemens Factoring Private Limited, buy the company report.
Recent activity
Siemens Factoring Private Limited has 5 board changes on record since 2017: 2 appointments and 3 cessations. The latest: Prashant Shankar Shetty ceased to be Additional Director on 29 Sep 2023.
News
Frequently asked questions
Siemens Factoring is an active private limited company based in Mumbai, Maharashtra, India. The company works in factoring nbfc, within the financial services industry. It was incorporated on 18 May 2017 (9+ years old) and is registered under CIN U67200MH2017PTC295013.
Siemens Factoring has 2 current directors:
- Prashant Shankar Shetty - Director
- Sunil Kapoor - Director
The latest financial statements of Siemens Factoring on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Siemens Factoring is 27AAYCS6718A1ZZ, registered in Maharashtra. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 33AAYCS6718A1Z6 (Tamil Nadu), 29AAYCS6718A1ZV (Karnataka), 06AAYCS6718A1Z3 (Haryana).
The CIN (Corporate Identification Number) of Siemens Factoring is U67200MH2017PTC295013. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Siemens Factoring has 14 court cases on record: 14 filed by the company. 8 are pending. Most are in the district courts.
Siemens Factoring was incorporated on 18 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Siemens Factoring has 3 deals on record (1 rights issue, 1 funding round, 1 acquisition), with disclosed funding of ₹15 Cr; the latest was in July 2020.
Prashant Shankar Shetty ceased to be Additional Director on 29 Sep 2023. Prashant Shankar Shetty was appointed as Director on 31 Oct 2022. Ravi Kant Panwar ceased to be Director on 31 Oct 2022. Siemens Factoring has 5 board changes on record in total.
Siemens Factoring can be reached through the website siemens.com. Its registered office is in Mumbai, Maharashtra, India.