Veer Finance Limited
About Veer Finance Limited
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Veer Finance Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 29 August 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65929MH2016PLC285261. Its GSTIN is 27AAFCV5977K1ZJ (Maharashtra).
The company has an authorised share capital of ₹11 Cr and a paid-up capital of ₹9.06 Cr. It is led by directors including Girish Desai (Managing Director) and Priyank Chandrakant Parikh.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Shop No. 47 Shalibhadra Reg. Shalibhadra Ng 100Ft Road Achole Nalasopara (W), Mumbai, Maharashtra, India – 401209.
As per the financials filed for FY 2025, the company reported a revenue of ₹50.89 Lakh, a growth of 42% compared to the previous year. For the same year it recorded a net profit of ₹21.67 Lakh (net margin 42.6%) and EBITDA of ₹22.48 Lakh (EBITDA margin 44.2%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years.
As per MCA filings, the company has open charges of ₹25.5 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Veer Finance Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No. 47 Shalibhadra Reg. Shalibhadra Ng 100Ft Road Achole Nalasopara (W), Mumbai, Maharashtra, India – 401209
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Veer Finance 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 Veer Finance is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 64 | Financial service activities, except insurance and pension funding |
Financials of Veer Finance Limited
FY 2025 filings availableVeer Finance Limited reported revenue of ₹50.89 Lakh (up 42% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 29% over three years, including 42% growth in the latest year. EBITDA fell 35% 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 | ₹22.48 Lakh | ||||
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| Net Profit (PAT) | ₹21.67 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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| Profitability | |||||
| EBITDA Margin | 44.2% | ||||
| Net Profit Margin | 42.6% | ||||
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To see the full financial statements and ratios of Veer Finance Limited, buy the company report.
Board of directors of Veer Finance Limited
Veer Finance has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Girish Desai | Managing Director | 25 Jan 2021 | 5 Years 9 Months | Current |
| Priyank Chandrakant Parikh | Director | 29 Aug 2016 | 10 Years 1 Months | Current |
| Dev Vijay Bhanshali Also directs: Laxmi Veer Limited, Seven Monks Limited | Director | 01 Nov 2023 | 2 Years 11 Months | Current |
Auditor
Veer Finance Limited is audited by BHUPENDRA S JAIN & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHUPENDRA S JAIN & ASSOCIATES | FY 2022 | 014307C |
Shareholding
The shareholding of Veer Finance 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 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Veer Finance Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Apr 2025 | 101096341 | Others | ₹25.5 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Veer Finance 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 Veer Finance Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Veer Finance has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCV5977K1ZJ | Maharashtra | Active | 27 Sep 2017 |
To see the full GST registrations and return filing status of Veer Finance Limited, buy the company report.
Recent activity
Veer Finance Limited has 6 board changes on record since 2016: 3 appointments and 3 cessations. The latest: Dev Vijay Bhanshali was appointed as Director on 01 Nov 2023.
Frequently asked questions
Veer Finance 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 29 August 2016 (10+ years old) and is registered under CIN U65929MH2016PLC285261.
Veer Finance has 3 current directors:
- Girish Desai - Managing Director
- Priyank Chandrakant Parikh - Director
- Dev Vijay Bhanshali - Director
The latest financial statements of Veer Finance on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Veer Finance is 27AAFCV5977K1ZJ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Veer Finance is U65929MH2016PLC285261. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veer Finance was incorporated on 29 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Dev Vijay Bhanshali was appointed as Director on 01 Nov 2023. Vishal Sen ceased to be Director on 22 Jun 2022. Girish Desai was appointed as Managing Director on 25 Jan 2021. Veer Finance has 6 board changes on record in total.
The registered office of Veer Finance is at Shop No. 47 Shalibhadra Reg. Shalibhadra Ng 100Ft Road Achole Nalasopara W, Mumbai, Maharashtra, India – 401209.
Veer Finance operates in the financial services industry, in the diversified financial services segment.
Veer Finance has open charges of ₹25.5 Lakh and no satisfied charges on record as per latest MCA filings.