MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MP-23-0013564
Swan Finance Limited - financial services in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹11.46 Cr
▲ 22% YoY
Net profit · FY 2025
₹70.5 Lakh
Net margin 6.1%
EBITDA · FY 2025
₹10.22 Cr
EBITDA margin 89.2%
Authorised capital
₹7.25 Cr
Registered with MCA
Paid-up capital
₹1.86 Cr
Issued & subscribed
Open charges
₹2.18 Cr
Satisfied ₹1.2 Cr
Company age
36 yrs
Est. 1990
Employees · EPFO
7
Provident fund records
About Swan Finance Limited
Data last updated:
Swan Finance Limited is a public limited company based in Indore, Madhya Pradesh, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 26 April 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U74140MP1990PLC005797. Its GSTIN is 23AACCS3045E1ZV (Madhya Pradesh).
The company has an authorised share capital of ₹7.25 Cr and a paid-up capital of ₹1.86 Cr. It was formerly known as Swan Management Consultants Pvt Ltd. It is led by directors including Harishankar Khandelwal (Managing Director) and Suchitra Dhanani.
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 802 Nrk Business Park Vijaynagar Square A.B. Road, Indore, Madhya Pradesh, India – 452010.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.46 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹70.5 Lakh (net margin 6.1%) and EBITDA of ₹10.22 Cr (EBITDA margin 89.2%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 23% over five years.
The company has about 7 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Swan Finance. As per MCA filings, the company has open charges of ₹2.18 Cr and satisfied charges of ₹1.2 Cr on record. Court records list 22 cases involving the company, including 1 filed by the company and 21 filed against it; 7 cases are pending.
Swan Finance Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0013564). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website swanfinance.co.in.
Company details
CIN U74140MP1990PLC005797
Registration Number 005797
Incorporation Date 26 April 1990
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MP-23-0013564
Key People
Harishankar Khandelwal Managing Director Suchitra Dhanani Director Ramesh Chandra Siroya Director Recognitions & Rankings of Swan Finance
Contact details
Swan Finance Limited's registered office is in Indore, Madhya Pradesh. Its website is swanfinance.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address802 Nrk Business Park Vijaynagar Square A.B. Road, Indore, Madhya Pradesh, India – 452010
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Swan Finance Limited, buy the company report.
Comprehensive company report
Swan Finance Limited - one report that includes everything
- 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
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Brands
Swan Finance operates one associated brand: Swan Finance. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Financial advisory and services for corporate finance, wealth management, and tax consultancy. | swanfinance.co.in |
Business activity
The main business activity of Swan Finance is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Swan Finance Limited, buy the company report.
Financials of Swan Finance Limited
FY 2025 filings availableSwan Finance Limited reported revenue of ₹11.46 Cr (up 22% YoY) for FY 2025.
Revenue · FY 2025
₹11.46 Cr ▲ 22%
Net profit · FY 2025
₹70.5 Lakh margin 6.1%
EBITDA · FY 2025
₹10.22 Cr margin 89.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 37%
5 years · compounded
▲ 23%
EBITDA CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 41%
5 years · compounded
▲ 32%
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 22% growth in the latest year. EBITDA rose 22% 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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| Total Expenses | |||||
| EBITDA | ₹10.22 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹70.5 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 89.2% | ||||
| Net Profit Margin | 6.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Swan Finance Limited, buy the company report.
Board of directors of Swan Finance Limited
Swan Finance has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harishankar Khandelwal Also directs: 21St Century Caps Solutions Private Limited, Swan Fin Consultancy Private Limited, Swan Holdings Private Limited and 4 more | Managing Director | 29 Apr 1990 | 36 Years 6 Months | Current |
| Suchitra Dhanani Also directs: United Foodbrands Limited, Alter Vegan Foods Private Limited, GPT Project Management Consultants Private Limited and 5 more | Director | 01 Aug 2024 | 2 Years 3 Months | Current |
| Ramesh Chandra Siroya | Director | 01 Feb 2011 | 15 Years 9 Months | Current |
| Ashok Sodhani | Director | 01 Mar 2023 | 3 Years 8 Months | Current |
Auditor
Swan Finance Limited is audited by Pallavi Jain & Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Pallavi Jain & Company | FY 2023 | 428958 |
Shareholding
The shareholding of Swan Finance 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 Swan Finance Limited, buy the company report.
Charges & borrowings
Open charges
₹2.18 Cr
Satisfied charges
₹1.2 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jul 2019 | 100280665 | Idbi Bank Limited | ₹30.4 Lakh | Open | |
| 29 May 2019 | 100280666 | Idbi Bank Limited | ₹1.42 Cr | Open | |
| 20 Sep 2016 | 100054961 | Others | ₹45 Lakh | Open | |
| 04 Sep 2019 | 100294395 | Others | ₹15 Lakh | Satisfied | |
| 18 Oct 2014 | 10528526 | Punjab National Bank | ₹96 Lakh | Satisfied |
To see the full charge records of Swan Finance Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Swan Finance Limited has 22 court cases on record: 1 filed by Swan Finance, 21 filed against it. 7 cases are pending and 15 are disposed.
Total cases
22
Filed by the company
1
Filed against the company
21
Pending
7
Disposed
15
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 17 | 17 | 6 |
| NCLT | 3 | 3 | 0 |
| District courts | 2 | 1 | 1 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Labhanshi Multitrade Private Limited | Pending |
| NCLT, Indore | Insolvency matter | Filed against the company by Amresh Shukla Liquidator for M/S Girdharilal Sugar and Allied Industries Limited (In Liquidation) | Disposed |
| NCLAT, Interlocutory Application | Interim or miscellaneous application | Filed against the company by Amresh Shukla Liquidator for M/S Girdharilal Sugar and Allied Industries Limited ;in Liquidation; | Disposed |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Labhanshi Multitrade Private Limited | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Labhanshi Multitrade Private Limited | Disposed |
To see the full case history of Swan Finance 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 Swan Finance Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Swan Finance has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| DKG Finvest Private Limited | U70101MP1996PTC011036 |
To see the full group structure of Swan Finance Limited, buy the company report.
Employees & EPFO
Swan Finance Limited has a workforce of 7 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
Employee count
7
Active EPFO establishments
1
GST
Swan Finance has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AACCS3045E1ZV | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Swan Finance Limited, buy the company report.
Recent activity
Swan Finance Limited has 14 board changes on record since 1990: 4 appointments and 10 cessations. The latest: Suchitra Dhanani ceased to be Additional Director on 30 Aug 2024.
AGM
Swan Finance Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Swan Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Charges
A charge registered on 21 Aug 2012 via Charge ID 10377889 with Punjab National Bank was fully satisfied on 20 Jan 2025.
Charges
A charge with Idbi Bank Limited of Rs. 1.42 Cr registered on 29 May 2019 with Charge ID 100280666 was modified on 31 Dec 2024.
Charges
A charge registered on 04 Sep 2019 via Charge ID 100294395 with Others was fully satisfied on 30 Dec 2024.
Charges
A charge with Idbi Bank Limited of Rs. 0.30 Cr registered on 29 Jul 2019 with Charge ID 100280665 was modified on 05 Nov 2024.
Ceased
Suchitra Dhanani ceased to be Additional Director.
Appointed
Suchitra Dhanani was appointed as Director.
Ceased
Ashok Sodhani ceased to be Additional Director.
Ceased
Harishankar Khandelwal ceased to be Director.
Appointed
Ashok Sodhani was appointed as Director.
Ceased
Bhanu Prakash Inani ceased to be Managing Director.
16 earlier events are in the company report.
News
Frequently asked questions
Swan Finance is an active public limited company based in Indore, Madhya Pradesh, India. The company works in nbfc, within the financial services industry. It was incorporated on 26 April 1990 (36+ years old) and is registered under CIN U74140MP1990PLC005797.
Swan Finance has 4 current directors:
- Harishankar Khandelwal - Managing Director
- Suchitra Dhanani - Director
- Ramesh Chandra Siroya - Director
- Ashok Sodhani - Director
The latest financial statements of Swan 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.
The GSTIN of Swan Finance is 23AACCS3045E1ZV, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Swan Finance is U74140MP1990PLC005797. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swan Finance has 22 court cases on record: 1 filed by the company and 21 filed against it. 7 are pending. Most are in the nclat.
Swan Finance was incorporated on 26 April 1990, making it 36+ years old. It is registered with the Registrar of Companies, Gwalior.
Suchitra Dhanani ceased to be Additional Director on 30 Aug 2024. Suchitra Dhanani was appointed as Director on 01 Aug 2024. Ashok Sodhani ceased to be Additional Director on 27 Sep 2023. Swan Finance has 14 board changes on record in total.
Yes, Swan Finance is registered as a small enterprise under Udyam registration (number: UDYAM-MP-23-0013564).
Swan Finance can be reached through the website swanfinance.co.in. Its registered office is in Indore, Madhya Pradesh, India.
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