About Vakrangee Finserve Limited
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Vakrangee Finserve Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Vakrangee Limited. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 07 September 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74930MH2011PLC221655. Its GSTIN is 27AADCV7760J1ZU (Maharashtra). The company holds 9 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹15 Cr. It is led by directors including Nishikant Kishanrao Hayatnagarkar (Whole-Time Director) and Hari Chand Mittal.
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 Vakrangee Corporate House Plot No.93 Road No.16 M.I.D.C. Marol Andheri East, Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2025, the company reported a revenue of ₹33.25 Cr. For the same year it recorded a net profit of ₹18.29 Lakh (net margin 0.6%) and EBITDA of ₹27.6 Lakh (EBITDA margin 0.8%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 246% over five years.
The company is associated with 1 brand: Vakrangee. As per MCA filings, the company has satisfied charges of ₹25 Cr on record. The company has 1 deal on record (1 rights issue); the latest was in December 2016. Its 4 peer companies in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities) are compared by revenue, 2 larger and 2 smaller; the largest is Bengani Capital Services Private Limited with revenue of ₹33.39 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vakrangee.in.
Company details
Contact details
Vakrangee Finserve Limited's registered office is in Mumbai, Maharashtra. Its website is vakrangee.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressVakrangee Corporate House Plot No.93 Road No.16 M.I.D.C. Marol Andheri East, Mumbai, Maharashtra, India – 400093
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Vakrangee Finserve 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
Vakrangee Finserve operates one associated brand: Vakrangee. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Correspondent banking solutions are provided via an agent-based platform. | vakrangee.in |
Business activity
The main business activity of Vakrangee Finserve 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 |
To see the full business activity and turnover split of Vakrangee Finserve Limited, buy the company report.
Financials of Vakrangee Finserve Limited
FY 2025 filings availableVakrangee Finserve Limited reported revenue of ₹33.25 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 246% over five years. EBITDA fell 44% 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 | ₹27.6 Lakh | ||||
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| Net Profit (PAT) | ₹18.29 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 0.8% | ||||
| Net Profit Margin | 0.6% | ||||
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To see the full financial statements and ratios of Vakrangee Finserve Limited, buy the company report.
Board of directors of Vakrangee Finserve Limited
Vakrangee Finserve has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hari Chand Mittal Also directs: Vortex Engineering Private Limited, Vakrangee Limited, Vakrangee Digital Ventures Limited and 2 more | Director | 16 Aug 2024 | 2 Years 2 Months | Current |
| Vedant Dinesh Nandwana Also directs: Vakrangee Limited, Vakrangee Technologies Limited, Vakrangee Holdings Private Limited and 5 more | Director | 07 Apr 2021 | 5 Years 6 Months | Current |
| Nishikant Kishanrao Hayatnagarkar | Whole-Time Director | 07 Sep 2011 | 15 Years 1 Months | Current |
Peer comparison
Vakrangee Finserve Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Other Financial Services), 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 |
|---|---|---|---|---|---|---|
| Bengani Capital Services Private Limited | ₹33.39 Cr (FY 2025) | 21.0% | New Delhi, Delhi, India | |||
| Remigos Money India Private Limited | ₹33.31 Cr (FY 2025) | 21.0% | Indore, Madhya Pradesh, India | |||
| Vakrangee Finserve Limitedthis company | ₹33.25 Cr (FY 2025) | ₹18.29 Lakh | 0.6% | Mumbai, Maharashtra, India | ||
| Suman Equitrade Private Limited | ₹32.97 Cr (FY 2025) | -28.0% | Kolkata, West Bengal, India | |||
| Rama Commercial Private Limited | ₹32.92 Cr (FY 2025) | 4.0% | Bilaspur, Chhattisgarh, India |
To see the full peer comparison of Vakrangee Finserve Limited, buy the company report.
Auditor
Vakrangee Finserve Limited is audited by S K PATODIA & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S K PATODIA & ASSOCIATES | FY 2021 | 112723W |
Shareholding
The shareholding of Vakrangee Finserve Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vakrangee Finserve Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Nov 2013 | 10489908 | Bank of India | ₹25 Cr | Satisfied |
To see the full charge records of Vakrangee Finserve Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Vakrangee Finserve Limited has 1 deal on record (1 rights issue); the latest was in December 2016.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2016 | Rights issue | ₹14.75 Cr | Investors: Vakrangee Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Vakrangee Finserve Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vakrangee Finserve Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vakrangee Finserve has 9 GST registrations: 1 active and 8 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCV7760J1ZU | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vakrangee Finserve Limited, buy the company report.
Recent activity
Vakrangee Finserve Limited has 12 board changes on record since 2011: 4 appointments and 8 cessations. The latest: Hari Chand Mittal ceased to be Additional Director on 29 Sep 2024.
5 earlier events are in the company report.
News
Frequently asked questions
Vakrangee Finserve is an active public limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 07 September 2011 (15+ years old) and is registered under CIN U74930MH2011PLC221655.
Vakrangee Finserve has 3 current directors:
- Nishikant Kishanrao Hayatnagarkar - Whole-Time Director
- Hari Chand Mittal - Director
- Vedant Dinesh Nandwana - Director
The latest financial statements of Vakrangee Finserve 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 Vakrangee Finserve is 27AADCV7760J1ZU, registered in Maharashtra. The company has 9 GST registrations in all, of which 1 is active and 8 are cancelled or inactive.
The CIN (Corporate Identification Number) of Vakrangee Finserve is U74930MH2011PLC221655. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vakrangee Finserve was incorporated on 07 September 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Vakrangee Finserve has 1 deal on record (1 rights issue); the latest was in December 2016.
The peers of Vakrangee Finserve by revenue are Bengani Capital Services Private Limited, Remigos Money India Private Limited, Suman Equitrade Private Limited, Rama Commercial Private Limited, all in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities).
Hari Chand Mittal ceased to be Additional Director on 29 Sep 2024. Hari Chand Mittal was appointed as Director on 16 Aug 2024. Nishikant Kishanrao Hayatnagarkar ceased to be Director on 18 Jan 2024. Vakrangee Finserve has 12 board changes on record in total.
Vakrangee Finserve can be reached through the website vakrangee.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Vakrangee Finserve is at Vakrangee Corporate House Plot No.93 Road No.16 M.I.D.C. Marol Andheri East, Mumbai, Maharashtra, India – 400093.
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