Viji Finance Limited - Company Profile

Q: Where is Viji Finance Limited headquartered?

Viji Finance Limited is headquartered at 112, Usha Ganj Jaora Compound, Indore, Madhya Pradesh, 452001.

Q: Who are the current directors of Viji Finance Limited?

The current directors of Viji Finance Limited are Vijay Kothari, Sakshi Chourasiya, Stuti Sinha, Siddhant Sharma, Palak Malviya, Ashish Verma.

It is a financial services public limited company based in Indore, Madhya Pradesh, India, established in 1994.

1994 Indore, Madhya Pradesh, India Active

Last Updated: February 10, 2026

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About Viji Finance Limited

Viji Finance Limited, a active public limited company, was established on 12 October 1994 in Indore, Madhya Pradesh, India. Engaging in nbfc within the financial and insurance service sector, it holds CIN: L65192MP1994PLC008715. Registered under ROC Roc Gwalior. it is listed on BSE: 537820 and NSE: VIJIFIN. It has an authorized capital of ₹18.00 Cr and a paid-up capital of ₹14.25 Cr.

Formerly known as Panjon Finance Limited. It upholds a compliant status. In 2024, it reported revenue of ₹1.93 Cr and a net worth of ₹12.22 Cr. Its leadership includes Vijay Kothari (Nodal Officer), Sakshi Chourasiya (Director), Palak Malviya (Director). Past directors included Hiren Kamdar, Suresh Singh Jain, Roshani Maheshwari. It holds ₹2.32 Cr open charges and ₹3.28 Cr settled loans. Its latest AGM occurred on 31 December 2025, with the balance sheet filed on 31 March 2025. It is based at 11/2, Usha Ganj Jaora Compound, Indore, Madhya Pradesh, 452001.

Company Details

CIN/LLPIN
L65192MP1994PLC008715
Registration Number
008715
Incorporation Date
12 October 1994
Authorized Capital
₹18.00 Cr
Paid-Up Capital
₹14.25 Cr
ROC Code
Roc Gwalior
Listing Status
Listed (BSE: 537820, NSE: VIJIFIN)
Company Status
Active

Key Metrics

Authorised Capital ₹ 18.00 Cr as on 10-02-2026
Paid Up Capital ₹ 14.25 Cr as on 10-02-2026
Company Age 31 Year, 4 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 2.32 Cr as on 10-02-2026
Satisfied Charges ₹ 3.28 Cr as on 10-02-2026
Revenue Growth **** -7.76% (FY 2024)
Profit Growth **** -72.69% (FY 2024)
Ebitda **** -33.22% (FY 2024)
Net Worth 0.99% (FY 2024)
Total Assets **** 17.34% (FY 2024)

Comprehensive Company Insights

Explore comprehensive insights into Viji Finance Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Viji Finance Limited?

Current Directors

Name	Designation	Appointment Date	Status
Vijay Kothari	Nodal Officer	02 Sep 2019	Current
Sakshi Chourasiya	Director	25 Oct 2021	Current
Palak Malviya	Director	12 Feb 2024	Current
Ashish Verma	Director	08 Dec 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	14 Nov 2018	Past
Pramod Abcsdd	Additional Director	30 Aug 2011	Past
Pramod Abcsdd	Director	31 Jan 2018	Past
Pramod Abcsdd	Company Secretary	31 Mar 2016	Past
Pramod Abcsdd	Director	23 May 2014	Past
Pramod Abcsdd	Company Secretary	31 May 2015	Past

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Financial Performance of Viji Finance.

Viji Finance Limited, for the financial year ended 2024, experienced Minor drop in revenue, with a 7.76% decrease. The company also saw a substantial fall in profitability, with a 72.69% decrease in profit. The company's net worth moved up by a moderate rise of 0.99%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-7.76%

*******

Revenue from Operations

*******

-7.64%

*******

Total Assets

*******

17.34%

*******

Profit or Loss

*******

-72.69%

*******

Net Worth

*******

0.99%

*******

EBITDA

*******

-33.22%

*******

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What is the Ownership and Shareholding Structure of Viji Finance?

In 2024, Viji Finance had a promoter holding of 49.63% and a public holding of 50.38%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹23,200,419.00

Satisfied Charges

₹32,752,000.00

Charges Breakdown by Lending Institutions

Axis Bank Limited : 2.32 Cr

Latest Charge Details

Date	Lender	Amount	Status
24 Dec 2024	Axis Bank Limited	₹1.69 Cr	Open
14 Jun 2024	Axis Bank Limited	₹6.27 M	Open
24 Jul 2023	Axis Bank Limited	₹1.50 Cr	Satisfied
10 Mar 2022	Axis Bank Limited	₹9.74 M	Satisfied
19 Oct 2021	Others	₹4.65 M	Satisfied

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How Many Employees Work at Viji Finance?

Unlock and access historical data on people associated with Viji Finance, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Viji Finance, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Viji Finance's trajectory.

Rating

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Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Viji Finance

Recent Activity within the Organization

Annual General Meeting

Progress on Viji Finance Limited last Annual general meeting of members was held on 31 Dec 2025 as per latest MCA records. was documented.
31 Dec 2025
Director Appointment

The activity Ashish Verma was appointed as a Director was appointed as a Director on 08 Dec 2025 & has been associated with this company since 2 months 11 days . was completed.
08 Dec 2025
Balance Sheet

The activity Viji Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior. was completed.
31 Mar 2025
Charges

A charge registered on 24 Jul 2023 via Charge ID 100761644 with Axis Bank Limited was fully satisfied on 22 Jan 2025. was recorded as a recent event.
22 Jan 2025
Charges

The activity A charge with Axis Bank Limited amounted to Rs. 1.69 Cr with Charge ID 101026419 was registered on 24 Dec 2024. was completed.
24 Dec 2024
Charges

Progress on A charge registered on 19 Oct 2021 via Charge ID 100498180 with Others was fully satisfied on 19 Jun 2024. was documented.
19 Jun 2024

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