Topgain Finance Private Limited
About Topgain Finance Private Limited
Data last updated:
Topgain Finance Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 22 December 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U64990MH2011PTC225335.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹6.15 Cr. It is led by directors Tejas Dilip Ved and Paras Vrujlal Shah.
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 2024, the company reported a revenue of ₹100.62 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹40.83 Cr (net margin 40.6%) and EBITDA of ₹52.53 Cr (EBITDA margin 52.2%). Revenue has grown at a compounded annual rate (CAGR) of 78% over three years and 108% over five years.
Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Topgain Finance has one previous CIN (Corporate Identification Number): U65923MH2011PTC225335. The current CIN is U64990MH2011PTC225335, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U64990MH2011PTC225335 | Current |
| U65923MH2011PTC225335 | Previous |
Contact details
Topgain Finance Private Limited's registered office is in Mumbai, Maharashtra.
- Registered AddressUnit No.3B – 17 Phoenix Paragaon, Plaza Mall C.T.S No.124B Kurla West, Mumbai, Maharashtra, India – 400070
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
- 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 Topgain Finance is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Topgain Finance Private Limited, buy the company report.
Financials of Topgain Finance Private Limited
FY 2024 filings availableTopgain Finance Private Limited reported revenue of ₹100.62 Cr (up 44% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 108% over five years, including 44% growth in the latest year. EBITDA rose 124% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹52.53 Cr | ||||
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| Net Profit (PAT) | ₹40.83 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 52.2% | ||||
| Net Profit Margin | 40.6% | ||||
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To see the full financial statements and ratios of Topgain Finance Private Limited, buy the company report.
Board of directors of Topgain Finance Private Limited
Topgain Finance has 2 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tejas Dilip Ved | Director | 03 Apr 2018 | 8 Years 7 Months | Current |
| Paras Vrujlal Shah Also directs: Aakraya Global Broking Private Limited | Director | 03 Apr 2018 | 8 Years 7 Months | Current |
Legal cases
Topgain Finance Private Limited has 1 court case on record: 1 filed by Topgain Finance. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary case) | Filed by the company against an individual | Pending |
To see the full case history of Topgain Finance 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 Topgain Finance 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 Topgain Finance Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Topgain Finance Private Limited has 13 board changes on record since 2012: 2 appointments and 11 cessations. The latest: Sachin Jayant Malde ceased to be Additional Director on 30 Sep 2019.
4 earlier events are in the company report.
Frequently asked questions
Topgain Finance is an active private limited company based in Mumbai, Maharashtra, India. The company works in nbfc, within the financial services industry. It was incorporated on 22 December 2011 (15+ years old) and is registered under CIN U64990MH2011PTC225335.
Topgain Finance has 2 current directors:
- Tejas Dilip Ved - Director
- Paras Vrujlal Shah - Director
The latest financial statements of Topgain Finance 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 2015 are in the company report.
The CIN (Corporate Identification Number) of Topgain Finance is U64990MH2011PTC225335. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Topgain Finance has 1 court case on record: 1 filed by the company. 1 is pending.
Topgain Finance was incorporated on 22 December 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Sachin Jayant Malde ceased to be Additional Director on 30 Sep 2019. Ramesh Utamchand Ramchandani ceased to be Director on 28 Mar 2019. Nina Tulsidas Ashar ceased to be Director on 21 Nov 2018. Topgain Finance has 13 board changes on record in total.
The registered office of Topgain Finance is at Unit No.3B – 17 Phoenix Paragaon, Plaza Mall C.T.S No.124B Kurla West, Mumbai, Maharashtra, India – 400070.
Topgain Finance operates in the financial services industry, in the nbfc segment.
The compliance status of Topgain Finance is compliant as of 30 September 2026. The company is actively filing with the Registrar of Companies.
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