TSC Finserv Private Limited
About TSC Finserv Private Limited
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TSC Finserv Private Limited is a private limited company based in Jalandhar, Punjab, India. It operates in the asset financing companies segment of the financial services sector. It was incorporated on 28 January 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U65921PB1992PTC011974. Its GSTIN is 03AADCA4402G2ZE (Punjab). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹6 Cr. It was formerly known as Akal Hire Purchase Limited and Akal Hire Purchase Private Limited. It is led by directors including Ashish Kumar Mittal (Managing Director) and Vinay Gupta.
Its last annual general meeting (AGM) was held on 21 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Office No. 3 2nd Floor Midland Financial Centre Plot No. 21 – 22 G.T. Road, Jalandhar, Punjab, India – 144001.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.79 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹9 Lakh (net margin 5%) and EBITDA of ₹35.41 Lakh (EBITDA margin 19.8%). Revenue has grown at a compounded annual rate (CAGR) of 117% over three years and 55% over five years.
As per MCA filings, the company has open charges of ₹14.56 Lakh on record. Court records list 88 cases involving the company, including 88 filed by the company; 14 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
TSC Finserv has undergone 2 name changes throughout its history. The company was previously known as Akal Hire Purchase Limited, and Akal Hire Purchase Private Limited. The current legal name is Tsc Finserv Private Limited.
| Company Name | Status |
|---|---|
| TSC Finserv Private Limited | Current |
| Akal Hire Purchase Limited | Previous |
| Akal Hire Purchase Private Limited | Previous |
CIN history
TSC Finserv has one previous CIN (Corporate Identification Number): U65921PB1992PLC011974. The current CIN is U65921PB1992PTC011974, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65921PB1992PTC011974 | Current |
| U65921PB1992PLC011974 | Previous |
Contact details
TSC Finserv Private Limited's registered office is in Jalandhar, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No. 3 2nd Floor Midland Financial Centre Plot No. 21 – 22 G.T. Road, Jalandhar, Punjab, India – 144001
- IndustryFinancial Services, Asset Financing Companies
To see the full contact details of TSC Finserv 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
Business activity
The main business activity of TSC Finserv is financial and insurance service. In detail, this covers financial and credit leasing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K5 | Financial and Credit leasing activities |
To see the full business activity and turnover split of TSC Finserv Private Limited, buy the company report.
Financials of TSC Finserv Private Limited
FY 2025 filings availableTSC Finserv Private Limited reported revenue of ₹1.79 Cr (up 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 55% over five years, including 23% growth in the latest year. EBITDA fell 71% 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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| EBITDA | ₹35.41 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9 Lakh | ||||
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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 | 19.8% | ||||
| Net Profit Margin | 5% | ||||
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To see the full financial statements and ratios of TSC Finserv Private Limited, buy the company report.
Board of directors of TSC Finserv Private Limited
TSC Finserv has 5 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinay Gupta Also directs: TSC India Limited, RP Mittal Charitable Foundation | Director | 09 Aug 2021 | 5 Years 3 Months | Current |
| Ashish Kumar Mittal Also directs: TSC Realty Ventures LLP, Kav Aviation Private Limited, Dex Air Private Limited and 3 more | Managing Director | 09 Aug 2021 | 5 Years 3 Months | Current |
| Puja Mittal | Director | 09 Aug 2021 | 5 Years 3 Months | Current |
| Mani Mahendru | Director | 08 Jul 2024 | 2 Years 4 Months | Current |
| Kawal Singh Jit | Director | 09 Aug 2021 | 5 Years 3 Months | Current |
Peer comparison
TSC Finserv Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Asset Financing Companies), with the same principal business activity (financial and credit leasing activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Novelty Finance Limited | ₹1.97 Cr (FY 2024) | 23.0% | Punjab, India | |||
| Om Shree Ram Fincap Private Limited | ₹1.92 Cr (FY 2025) | -2.0% | Jalandhar, Punjab, India | |||
| TSC Finserv Private Limitedthis company | ₹1.79 Cr (FY 2025) | ₹9 Lakh | 5% | 23.0% | Jalandhar, Punjab, India | |
| Trikaal Leasing and Finance Limited | ₹1.76 Cr (FY 2024) | 45.0% | Karnataka, India | |||
| Ushafinlease India Private Limited | ₹1.74 Cr (FY 2025) | -1.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of TSC Finserv Private Limited, buy the company report.
Auditor
TSC Finserv Private Limited is audited by ASHISH MAHAJAN & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHISH MAHAJAN & ASSOCIATES | FY 2023 | 014743N |
Shareholding
The shareholding of TSC Finserv Private 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 TSC Finserv Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Mar 2024 | 100890664 | Hdfc Bank Limited | ₹14.56 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
TSC Finserv Private Limited has 88 court cases on record: 88 filed by TSC Finserv. 14 cases are pending and 74 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 88 | 0 | 14 |
Cases on record (5 of 88)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Cheque dishonour complaint | Filed by the company against Car Car O Bar Services Private Limited | Pending |
| District court, South West, Delhi | Cheque dishonour complaint | Filed by the company against Priyanka | Pending |
| District court, West, Delhi | Court case (OMP (I) (COMM.)) | Filed by the company against Car Car O Bar Services Private Limited | Disposed |
| District court, South West, Delhi | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, South West, Delhi | Cheque dishonour complaint | Filed by the company against an individual | Pending |
To see the full case history of TSC Finserv 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 TSC Finserv Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
TSC Finserv has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AADCA4402G2ZE | Punjab | Active | 24 Jun 2022 |
| 03AADCA4402G3ZD | Punjab | Active | 30 Jun 2025 |
| 06AADCA4402G1Z9 | Haryana | Active | 25 Jul 2024 |
To see the full GST registrations and return filing status of TSC Finserv Private Limited, buy the company report.
Recent activity
TSC Finserv Private Limited has 18 board changes on record since 2017: 5 appointments and 13 cessations. The latest: Mani Mahendru ceased to be Additional Director on 19 Sep 2024.
10 earlier events are in the company report.
Frequently asked questions
TSC Finserv is an active private limited company based in Jalandhar, Punjab, India. The company works in asset financing companies, within the financial services industry. It was incorporated on 28 January 1992 (34+ years old) and is registered under CIN U65921PB1992PTC011974.
TSC Finserv has 5 current directors:
- Ashish Kumar Mittal - Managing Director
- Vinay Gupta - Director
- Puja Mittal - Director
- Mani Mahendru - Director
- Kawal Singh Jit - Director
The latest financial statements of TSC Finserv on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 21 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of TSC Finserv is 03AADCA4402G2ZE, registered in Punjab. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 03AADCA4402G3ZD (Punjab), 06AADCA4402G1Z9 (Haryana).
The CIN (Corporate Identification Number) of TSC Finserv is U65921PB1992PTC011974. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
TSC Finserv has 88 court cases on record: 88 filed by the company. 14 are pending.
TSC Finserv was incorporated on 28 January 1992, making it 34+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of TSC Finserv by revenue are Novelty Finance Limited, Om Shree Ram Fincap Private Limited, Trikaal Leasing and Finance Limited, Ushafinlease India Private Limited, all in the BFSI industry (Asset Financing Companies), with the same principal business activity (financial and credit leasing activities).
Mani Mahendru ceased to be Additional Director on 19 Sep 2024. Mani Mahendru was appointed as Director on 08 Jul 2024. Vinit Chopda ceased to be Director on 05 May 2022. TSC Finserv has 18 board changes on record in total.
The registered office of TSC Finserv is at Office No. 3 2nd Floor Midland Financial Centre Plot No. 21 – 22 G.T. Road, Jalandhar, Punjab, India – 144001.
TSC Finserv operates in the financial services industry, in the asset financing companies segment.
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