TSB Finance Private Limited
About TSB Finance Private Limited
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TSB Finance Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Sidas Financing Alternatives Private Limited. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 19 July 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U65923DL2004PTC127682. Its GSTIN is 07AACCT1516H1DV (Delhi). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.48 Cr. It is led by directors including Jaideep Gurwara and Amar Kumar Amin.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at S – 26 F/F Chanakya Place Uttam Nagar, New Delhi, Delhi, India – 110059.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.88 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹80,682 (net margin 0.4%) and EBITDA of ₹3.44 Lakh (EBITDA margin 1.8%). Revenue has grown at a compounded annual rate (CAGR) of 150% over five years.
The company is associated with 1 brand: Day and Night Loan. As per MCA filings, the company has satisfied charges of ₹30 Lakh on record. Court records list 4 cases involving the company, including 4 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
TSB Finance Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressS – 26 F/F Chanakya Place Uttam Nagar, New Delhi, Delhi, India – 110059
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
To see the full contact details of TSB Finance 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
Brands
TSB Finance operates one associated brand: Day and Night Loan. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Instant loan services for emergency financial needs in India. | dayandnightloan.com |
Business activity
The main business activity of TSB Finance 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 |
Financials of TSB Finance Private Limited
FY 2023 filings availableTSB Finance Private Limited reported revenue of ₹1.88 Cr (up 23% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 150% over five years, including 23% growth in the latest year. EBITDA fell 85% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹3.44 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹80,682 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.8% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of TSB Finance Private Limited, buy the company report.
Board of directors of TSB Finance Private Limited
TSB Finance has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaideep Gurwara Also directs: Langsense AI LLP, Sidas Financing Alternatives Private Limited, Para Lube (India) Private Limited and 3 more | Director | 10 May 2012 | 14 Years 5 Months | Current |
| Simran Menon Also directs: Garvira Private Limited | Additional Director | 03 Jul 2023 | 3 Years 3 Months | Current |
| Vishal Vijay Phondake Also directs: Sidas Financing Alternatives Private Limited, Dareavenue LLP, Dareavenue Microservice Foundation and 3 more | Additional Director | 10 May 2019 | 7 Years 5 Months | Current |
| Amar Kumar Amin Also directs: Sidas Financing Alternatives Private Limited | Director | 05 Jan 2007 | 19 Years 9 Months | Current |
Peer comparison
TSB Finance Private Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Finance, NBFC Investment and Credit Companies, Small Non Deposit NBFC), 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 |
|---|---|---|---|---|---|---|
| Glowmore Finance Pvt.Ltd. | ₹1.89 Cr (FY 2025) | -34.0% | Berhampur Sadar, Odisha, India | |||
| BKP Commercial India Pvt Ltd | ₹1.89 Cr (FY 2024) | 27.0% | New Delhi, Delhi, India | |||
| Kamlesh Trade & Agency Private Limited | ₹1.88 Cr (FY 2024) | 49.0% | Kolkata, West Bengal, India | |||
| TSB Finance Private Limitedthis company | ₹1.88 Cr (FY 2022) | ₹80,682 | 0.4% | 23.0% | New Delhi, Delhi, India | |
| Navsari Commodities Pvt Ltd | ₹1.88 Cr (FY 2025) | 12.0% | Kolkata, West Bengal, India | |||
| Henko Commodities Pvt.Ltd. | ₹1.87 Cr (FY 2025) | 28.0% | Kolkata, West Bengal, India |
To see the full peer comparison of TSB Finance Private Limited, buy the company report.
Auditor
TSB Finance Private Limited is audited by PRASAD S ACHAREKAR AND CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRASAD S ACHAREKAR AND CO | FY 2019 | 140115W |
Shareholding
The shareholding of TSB Finance Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of TSB Finance Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Oct 2008 | 10127468 | Zwirn Pragati Capfin Private Limited | ₹30 Lakh | Satisfied |
To see the full charge records of TSB Finance Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
TSB Finance Private Limited has 4 court cases on record: 4 filed against it. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 2 |
| High courts | 2 | 2 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Medchal Malkajgiri, Telangana | Court case (IP) | Filed against the company by an individual | Pending |
| District court, Rangareddy, Telangana | Civil suit | Filed against the company by an individual | Pending |
| High Court for State of Telangana | Writ petition | Filed against the company | Disposed |
To see the full case history of TSB 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 TSB Finance Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
TSB Finance has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCT1516H1DV | Delhi | Active | 13 Oct 2020 |
To see the full GST registrations and return filing status of TSB Finance Private Limited, buy the company report.
Recent activity
TSB Finance Private Limited has 9 board changes on record since 2007: 4 appointments and 5 cessations. The latest: Simran Menon was appointed as Additional Director on 03 Jul 2023.
2 earlier events are in the company report.
Frequently asked questions
TSB Finance is an active private limited company based in New Delhi, Delhi, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 19 July 2004 (22+ years old) and is registered under CIN U65923DL2004PTC127682.
TSB Finance has 4 current directors:
- Jaideep Gurwara - Director
- Simran Menon - Additional Director
- Vishal Vijay Phondake - Additional Director
- Amar Kumar Amin - Director
The latest financial statements of TSB Finance on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of TSB Finance is 07AACCT1516H1DV, registered in Delhi. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of TSB Finance is U65923DL2004PTC127682. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
TSB Finance has 4 court cases on record: 4 filed against it. 2 are pending. Most are in the district courts.
TSB Finance was incorporated on 19 July 2004, making it 22+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of TSB Finance by revenue are Glowmore Finance Pvt.Ltd, BKP Commercial India Pvt Ltd, Kamlesh Trade & Agency Private Limited, Navsari Commodities Pvt Ltd, Henko Commodities Pvt.Ltd, all in the BFSI industry (Finance, NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Simran Menon was appointed as Additional Director on 03 Jul 2023. Jaideep Gurwara ceased to be Director on 22 May 2019. Vishal Vijay Phondake was appointed as Additional Director on 10 May 2019. TSB Finance has 9 board changes on record in total.
The registered office of TSB Finance is at S – 26 FF Chanakya Place Uttam Nagar, New Delhi, Delhi, India – 110059.
TSB Finance operates in the financial services industry, in the investment and credit nbfc segment.