Tmf Business Services Limited - Company Profile

It is a financial services public limited company based in Mumbai, Maharashtra, India, established in 1989.

1989 Mumbai, Maharashtra, India Active

Last Updated: January 06, 2026

About Tmf Business Services Limited

Tmf Business Services Limited, a active public limited company, was established on 24 January 1989 in Mumbai, Maharashtra, India. Engaging in asset financing companies within the financial and insurance service sector, it holds CIN: U45200MH1989PLC050444. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹2,000.00 Cr and a paid-up capital of ₹979.66 Cr.

Formerly known as Sheba Properties Limited. It upholds a compliant status. Employing 894 professional, Its leadership includes Asim Kumar Mukhopadhyay (Additional Director), Prakash Pandey (Additional Director), Sudeep Bhalla (Additional Director). Past directors included Hoshang Keki Sethna, Varsha Vasant Purandare, Mani Raman. It holds ₹33,718.60 Cr open charges and ₹8,058.47 Cr settled loans. Its latest AGM occurred on 04 September 2025, with the balance sheet filed on 31 March 2025. It is based at 14, 4Th Floor, Sir H.C. Dinshaw Building 16, Horniman Circle, Fort, Mumbai, Maharashtra, 400001.

Company Details

CIN/LLPIN
U45200MH1989PLC050444
Registration Number
050444
Incorporation Date
24 January 1989
Authorized Capital
₹2,000.00 Cr
Paid-Up Capital
₹979.66 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 2,000.00 Cr as on 06-01-2026
Paid Up Capital ₹ 979.66 Cr as on 06-01-2026
Company Age 37 Year, 22 Days
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 33,718.60 Cr as on 06-01-2026
Satisfied Charges ₹ 8,058.47 Cr as on 06-01-2026
Revenue Growth **** -98.48% (FY 2024)
Profit Growth **** 98.96% (FY 2024)
Ebitda **** -96.16% (FY 2024)
Net Worth -99.38% (FY 2024)
Total Assets -98.97% (FY 2024)

Comprehensive Company Insights

Explore comprehensive insights into Tmf Business Services Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report

Who are the key members and board of directors at Tmf Business Services Limited?

Current Directors

Name	Designation	Appointment Date	Status
Asim Kumar Mukhopadhyay	Additional Director	09 Jun 2025	Current
Prakash Pandey	Additional Director	23 Dec 2024	Current
Sudeep Bhalla	Additional Director	26 Jun 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	19 May 2017	Past
Pramod Abcsdd	Additional Director	31 Aug 2021	Past
Pramod Abcsdd	Additional Director	04 Aug 2016	Past
Pramod Abcsdd	Director	02 Mar 2020	Past
Pramod Abcsdd	Director	25 Jun 2020	Past
Pramod Abcsdd	Director	18 Sep 2007	Past

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Financial Performance of Tmf Business Services.

Tmf Business Services Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 98.48% decrease. The company also saw a substantial improvement in profitability, with a 98.96% increase in profit. The company's net worth observed a substantial decline by a decrease of 99.38%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-98.48%

*******

Revenue from Operations

*******

-98.58%

*******

Total Assets

*******

-98.97%

*******

Profit or Loss

*******

98.96%

*******

Net Worth

*******

-99.38%

*******

EBITDA

*******

-96.16%

*******

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What is the Ownership and Shareholding Structure of Tmf Business Services?

In 2023, Tmf Business Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹337,186,000,000.00

Satisfied Charges

₹80,584,748,000.00

Charges Breakdown by Lending Institutions

Vistra Itcl (India) Limited : 33000.00 Cr
International Finance Corporation : 718.60 Cr

Latest Charge Details

Date	Lender	Amount	Status
29 Sep 2021	Vistra Itcl (India) Limited	₹3,000.00 Cr	Open
22 Dec 2020	International Finance Corporation	₹718.60 Cr	Open
18 Jun 2018	Vistra Itcl (India) Limited	₹5,000.00 Cr	Open
12 Jan 2007	Vistra Itcl (India) Limited	₹25,000.00 Cr	Open
12 Dec 2018	Idbi Trusteeship Services Limited	₹58.47 Cr	Satisfied

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How Many Employees Work at Tmf Business Services?

Tmf Business Services has a workforce of 894 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Tmf Business Services, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Tmf Business Services's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Tmf Business Services

Recent Activity within the Organization

Director Appointment

Neeraj Kumar Dwivedi was appointed as a Company Secretary was appointed as a Company Secretary on 31 Oct 2025 & has been associated with this company since 3 months 17 days . was recorded as a recent event.
31 Oct 2025
Annual General Meeting

Progress on Tmf Business Services Limited last Annual general meeting of members was held on 04 Sep 2025 as per latest MCA records. was documented.
04 Sep 2025
Director Appointment

Sudeep Bhalla was appointed as a Additional Director was appointed as a Additional Director on 26 Jun 2025 & has been associated with this company since 7 months 22 days . was recorded as a recent event.
26 Jun 2025
Director Appointment

The activity Asim Kumar Mukhopadhyay was appointed as a Additional Director was appointed as a Additional Director on 09 Jun 2025 & has been associated with this company since 8 months 8 days . was completed.
09 Jun 2025
Balance Sheet

The activity Tmf Business Services Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was completed.
31 Mar 2025
Director Appointment

Prakash Pandey was appointed as a Additional Director was appointed as a Additional Director on 23 Dec 2024 & has been associated with this company since 1 year 1 month . was recorded as a recent event.
23 Dec 2024

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