About Slice Small Finance Bank Limited
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Slice Small Finance Bank Limited is a public limited company based in Gmc, Assam, India, a subsidiary of Rgvn (North East) Microfinance Limited. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 25 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Guwahati, under CIN U65100AS2016PLC017505. Its GSTIN is 18AAFCN3466R1ZO (Assam). The company holds 10 GST registrations, all of them active.
The company has an authorised share capital of ₹1,855.08 Cr and a paid-up capital of ₹1,072.34 Cr. It is led by directors including Satish Kumar Kalra (Managing Director) and Rajan Bajaj (Whole-Time Director).
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 Gmc, Assam.
As per the financials filed for FY 2025, the company reported a revenue of ₹603.71 Cr, a growth of 140% compared to the previous year. For the same year it recorded a net loss of ₹216.7 Cr (net margin -35.9%) and EBITDA of -₹216.7 Cr (EBITDA margin -35.9%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 13% over five years.
The company has about 3,391 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: North East Small Finance Bank and Slice. As per MCA filings, the company has open charges of ₹848.22 Cr and satisfied charges of ₹2,867.76 Cr on record. Court records list 222 cases involving the company, including 163 filed by the company and 59 filed against it; 178 cases are pending. The company has 14 deals on record (10 funding rounds, 3 debt financings, 1 rights issue), with disclosed funding of ₹1,169.9 Cr; the latest was in March 2026.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nesfb.com.
Company details
Contact details
Slice Small Finance Bank Limited's registered office is in Gmc, Assam. Its website is nesfb.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressG.S.Point G.S.Road Vill – Sarumataria, Opp Dispur Fire Station Guwahati, Gmc, Assam, India – 781006
- IndustryInternet, Online Financial Services
To see the full contact details of Slice Small Finance Bank 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
Slice Small Finance Bank operates two associated brands: North East Small Finance Bank and slice. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Small finance banking services are offered in northeastern India. | nesfb.com | |
| Digital platform for banking and financial services is operated. | sliceit.com |
Business activity
The main business activity of Slice Small Finance Bank is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 64 | Financial service activities, except insurance and pension funding |
To see the full business activity and turnover split of Slice Small Finance Bank Limited, buy the company report.
Financials of Slice Small Finance Bank Limited
FY 2025 filings availableSlice Small Finance Bank Limited reported revenue of ₹603.71 Cr (up 140% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 140% growth in the latest year. EBITDA fell 42% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹603.71 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹216.7 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹216.7 Cr | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -35.9% | ||||
| Net Profit Margin | -35.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Slice Small Finance Bank Limited, buy the company report.
Board of directors of Slice Small Finance Bank Limited
Slice Small Finance Bank has 9 current directors and 27 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ram Krishna Garg | Director | 25 May 2021 | 5 Years 5 Months | Current |
| Tapan Kumar Hazarika | Director | 30 Jun 2021 | 5 Years 4 Months | Current |
| Koodathumuriyil Verghese Eapen Also directs: Muthoot Finance Limited, Shriram Asset Management Company Limited, Muthoot Homefin (India) Limited and 1 more | Director | 08 May 2025 | 1 Years 6 Months | Current |
| Eugene Karthak | Director | 08 May 2025 | 1 Years 6 Months | Current |
| Nikhil Sachdev | Nominee Director | 27 Oct 2024 | 2 Years 0 Months | Current |
| Ashish Bhupendra Fafadia Also directs: Blume Venture Investment Manager LLP, 3F Ventures Management Consultants LLP, 3F Ventures Investment Manager LLP and 5 more | Nominee Director | 27 Oct 2024 | 2 Years 0 Months | Current |
Auditor
Slice Small Finance Bank Limited is audited by Chaturvedi & Co. LLP. for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Chaturvedi & Co. LLP. | FY 2026 | 302137E |
Shareholding
The shareholding of Slice Small Finance Bank Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Slice Small Finance Bank Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Oct 2024 | 101001576 | Others | ₹15 Cr | Open | |
| 15 Oct 2024 | 101001729 | Others | ₹40 Cr | Open | |
| 11 Oct 2024 | 101001570 | Others | ₹25 Cr | Open | |
| 01 Oct 2024 | 101001564 | Others | ₹100 Cr | Open | |
| 16 Sep 2024 | 100978357 | Others | ₹30 Cr | Open |
To see the full charge records of Slice Small Finance Bank Limited, buy the company report.
Total charge records: 82 View all charges
Deals & funding
Slice Small Finance Bank Limited has 14 deals on record (10 funding rounds, 3 debt financings, 1 rights issue), with disclosed funding of ₹1,169.9 Cr; the latest was in March 2026.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2026 | Debt financing | ₹75 Cr | Investors: Tipsons Consultancy Services Private Limited |
| Jan 2024 | Funding round | ₹50 Cr | Investors: Garagepreneurs Internet Private Limited |
| Apr 2023 | Funding round | ₹10.34 Cr | Investors: Garagepreneurs Internet Private Limited |
| Oct 2022 | Funding round | ₹31.35 Cr | Investors: Garagepreneurs Internet Private Limited , an individual |
| Sep 2022 | Funding round | ₹1.7 Cr | Investors: Garagepreneurs Internet Private Limited , M-Swasth Solutions Private Limited , an individual |
To see the full deal history of Slice Small Finance Bank 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
Slice Small Finance Bank Limited has 222 court cases on record: 163 filed by Slice Small Finance Bank, 59 filed against it. 178 cases are pending and 44 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 197 | 36 | 172 |
| High courts | 23 | 23 | 6 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 222)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North Tripura, Tripura | Court case (M S) | Filed against the company by The Branch Manager North Eastern Development Finance Corporation Limited | Disposed |
| District court, Medchal Malkajgiri, Telangana | Civil suit | Filed against the company by an individual | Pending |
| District court, Rangareddy, Telangana | Civil suit | Filed against the company by an individual | Pending |
| District court, Rangareddy, Telangana | Civil suit | Filed against the company | Pending |
| District court, Visakapatnam, Andhra Pradesh | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Slice Small Finance Bank 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 Slice Small Finance Bank Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Slice Small Finance Bank Limited has a workforce of 3,391 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 3,391 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 |
To see the full employee and EPFO history of Slice Small Finance Bank Limited, buy the company report.
GST
Slice Small Finance Bank has 10 GST registrations: 10 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 18AAFCN3466R1ZO | Assam | Active | 01 Jul 2017 |
| 18AAFCN3466R2ZN | Assam | Active | 27 Dec 2017 |
| 13AAFCN3466R1ZY | Nagaland | Active | 29 Dec 2017 |
| 14AAFCN3466R1ZW | Manipur | Active | 29 Dec 2017 |
To see the full GST registrations and return filing status of Slice Small Finance Bank Limited, buy the company report.
Recent activity
Slice Small Finance Bank Limited has 59 board changes on record since 2016: 34 appointments and 25 cessations. The latest: Manjula Saikia Bhuyan ceased to be Director on 19 Jan 2026.
202 earlier events are in the company report.
News
Frequently asked questions
Slice Small Finance Bank is an active public limited company based in Gmc, Assam, India. The company works in online financial services, within the internet industry. It was incorporated on 25 July 2016 (10+ years old) and is registered under CIN U65100AS2016PLC017505.
Slice Small Finance Bank has 9 current directors:
- Satish Kumar Kalra - Managing Director
- Rajan Bajaj - Whole-Time Director
- Ram Krishna Garg - Director
- Tapan Kumar Hazarika - Director
- Koodathumuriyil Verghese Eapen - Director
- Eugene Karthak - Director
- Nikhil Sachdev - Nominee Director
- Ashish Bhupendra Fafadia - Nominee Director
- Shrimohan Yadav - Director
The latest financial statements of Slice Small Finance Bank 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 FY 2017 are in the company report.
The GSTIN of Slice Small Finance Bank is 18AAFCN3466R1ZO, registered in Assam. The company has 10 GST registrations in all, of which 10 are active. Other active GSTINs include 18AAFCN3466R2ZN (Assam), 13AAFCN3466R1ZY (Nagaland), 14AAFCN3466R1ZW (Manipur).
The CIN (Corporate Identification Number) of Slice Small Finance Bank is U65100AS2016PLC017505. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Slice Small Finance Bank has 222 court cases on record: 163 filed by the company and 59 filed against it. 178 are pending. Most are in the district courts.
Slice Small Finance Bank was incorporated on 25 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Guwahati.
Slice Small Finance Bank has 14 deals on record (10 funding rounds, 3 debt financings, 1 rights issue), with disclosed funding of ₹1,169.9 Cr; the latest was in March 2026.
Manjula Saikia Bhuyan ceased to be Director on 19 Jan 2026. Samitshankar Shetty ceased to be Director on 20 Jul 2025. Gautam Barua ceased to be Director on 29 Jun 2025. Slice Small Finance Bank has 59 board changes on record in total.
Slice Small Finance Bank can be reached through the website nesfb.com. Its registered office is in Gmc, Assam, India.
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