Sirius Financial Services Private Limited
About Sirius Financial Services Private Limited
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Sirius Financial Services Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the diversified financial services segment of the financial services sector. It was incorporated on 10 November 2005.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH2005PTC157235.
The company had an authorised share capital of ₹2.55 Cr and a paid-up capital of ₹1.1 Cr. It was led by directors Pawan Kumar Murarka and Mahendra Gumanmalji Lodha.
Its last annual general meeting (AGM) was held on 28 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.5 Cr, a decline of 53% compared to the previous year. For the same year it recorded a net profit of ₹40.78 Lakh (net margin 27.2%) and EBITDA of ₹1.49 Cr (EBITDA margin 99.6%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 12% over five years.
As per MCA filings, the company had open charges of ₹15 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 2 cases are pending.
Company details
Contact details
Sirius Financial Services Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address702 7th Floor Samudra Setu Nr Parsi Agiary Opp Anand Bhavan Opp B, . D. Desai, Mumbai, Maharashtra, India – 400026
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Sirius 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 Sirius 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 Sirius Financial Services Private Limited, buy the company report.
Financials of Sirius Financial Services Private Limited
FY 2023 filings availableSirius Financial Services Private Limited reported revenue of ₹1.5 Cr (down 53% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 53% fall in the latest year. EBITDA rose 1% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1.5 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.49 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹40.78 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 99.6% | ||||
| Net Profit Margin | 27.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Sirius Financial Services Private Limited, buy the company report.
Board of directors of Sirius Financial Services Private Limited
Sirius Financial Services 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 |
|---|---|---|---|---|
| Pawan Kumar Murarka Also directs: Parixit Irrigation Limited, Sanand Industrial Park Private Limited, Marudhar Industries Limited and 5 more | Director | 08 Aug 2008 | 18 Years 2 Months | As last reported |
| Mahendra Gumanmalji Lodha Also directs: Landscape Buildcon LLP, Max Healthcare Institute Limited, Rajdhani Textiles Private Limited and 5 more | Director | 08 Aug 2008 | 18 Years 2 Months | As last reported |
Peer comparison
Sirius Financial Services Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Other Financial Services), 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 |
|---|---|---|---|---|---|---|
| Alpine Ventures Private Limited | ₹1.5 Cr (FY 2023) | 68.0% | Kolkata, West Bengal, India | |||
| Albion Investments & Holdings Private Limited | ₹1.5 Cr (FY 2024) | -17.0% | Chennai, Tamil Nadu, India | |||
| Sirius Financial Services Private Limitedthis company | ₹1.5 Cr (FY 2023) | ₹40.78 Lakh | 27.2% | -53.0% | Mumbai, Maharashtra, India | |
| Mayavaram Benefit Fund Nidhi Limited | ₹1.5 Cr (FY 2025) | 17.0% | Mayiladuthurai, Tamil Nadu, India | |||
| Bhamburdekar Nidhi Limited | ₹1.5 Cr (FY 2024) | -18.0% | Pune, Maharashtra, India |
To see the full peer comparison of Sirius Financial Services Private Limited, buy the company report.
Auditor
Sirius Financial Services Private Limited is audited by S MANDAWAT & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S MANDAWAT & Co. | FY 2023 | 118330W |
Shareholding
The shareholding of Sirius Financial Services 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 Sirius Financial Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Aug 2020 | 100361039 | Standard Chartered Bank | ₹15 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Sirius Financial Services Private Limited has 4 court cases on record: 3 filed by Sirius Financial Services, 1 filed against it. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 2 |
| NCLT | 2 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Shrinika Infra Limited | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed against the company by Shrinika Infra Limited and Anr. | Pending |
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Sirius Financial Services 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 Sirius Financial Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Sirius Financial Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sirius Financial Services Private Limited has 6 board changes on record since 2008: 2 appointments and 4 cessations. The latest: Mahendra Gumanmalji Lodha ceased to be Additional Director on 26 Sep 2009.
Frequently asked questions
Sirius Financial Services has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Sirius Financial Services was a private limited company based in Mumbai, Maharashtra, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 10 November 2005 and is registered under CIN U67190MH2005PTC157235. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Sirius Financial Services was incorporated on 10 November 2005. It is registered with the Registrar of Companies, Mumbai.
Sirius Financial Services had 2 directors:
- Pawan Kumar Murarka - Director
- Mahendra Gumanmalji Lodha - Director
The CIN (Corporate Identification Number) of Sirius Financial Services is U67190MH2005PTC157235. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Sirius Financial Services is at 702 7th Floor Samudra Setu Nr Parsi Agiary Opp Anand Bhavan Opp B, . D. Desai, Mumbai, Maharashtra, India – 400026.
The latest financial statements of Sirius Financial Services on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 28 September 2023. Year-wise statements from 2015 are in the company report.
Sirius Financial Services operated in the financial services industry, in the diversified financial services segment.
The peers of Sirius Financial Services by revenue are Alpine Ventures Private Limited, Albion Investments & Holdings Private Limited, Mayavaram Benefit Fund Nidhi Limited, Bhamburdekar Nidhi Limited, all in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities).
Sirius Financial Services has 4 court cases on record: 3 filed by the company and 1 filed against it. 2 are pending. Most are in the high courts.
Mahendra Gumanmalji Lodha ceased to be Additional Director on 26 Sep 2009. Pawan Kumar Murarka ceased to be Additional Director on 26 Sep 2009. Nagarajan Srinivasan ceased to be Director on 18 Aug 2008. Sirius Financial Services has 6 board changes on record in total.
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