Choice Finserv Private Limited

Provides financial services such as capital advising, management consulting, and IT solutions.

2016 | Mumbai, Maharashtra (India) | Active
Last Updated:

Choice Finserv Profile

Key Indicators

  • Authorised Capital ₹ 97.40 Cr
  • Paid Up Capital ₹ 93.54 Cr
  • Company Age 8 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 708.92 Cr
  • Satisfied Charges ₹ 53.25 Cr
  • Revenue Growth 84.61%
  • Profit Growth -51.93%
  • Ebitda 39.58%
  • Net Worth 5.53%
  • Total Assets 57.20%

About Choice Finserv

Choice Finserv Private Limited (CFPL) is a Private Limited Indian Non-Government Company incorporated in India on 01 June 2016 (Eight years and 11 months 18 days old ). Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 97.40 Cr and a paid-up capital of Rs 93.54 Cr.

The company currently has active open charges totaling ₹708.92 Cr. The company has closed loans amounting to ₹53.25 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Choice Finserv Private Limited India are Manoj Sighania as Cfo, Vijendra Shekhawat as Ceo, and Karishma Shah as Company Secretary. Kamal Poddar, Sandeep Kumar, Arun Poddar, and Four other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U74999MH2016PTC281908

  • Company No.

    281908

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Jun 2016

  • Date of AGM

    02 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services
Company report

Choice Finserv Private Limited

Explore comprehensive data for Choice Finserv Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Choice Finserv?

Executive Team (3)

NameDesignationAppointment DateStatus
Manoj Sighania Country flag representing In CFO13-Aug-2021Current
Vijendra Shekhawat Country flag representing In CEO16-Dec-2021Current
Karishma Shah Country flag representing In Company Secretary01-Sep-2018Current

Board Members (7)

NameDesignationAppointment DateStatus
Sandeep Kumar Country flag representing In Director 13-Aug-2021Current
Kamal Poddar Country flag representing In Whole-Time Director 01-Jun-2016Current
Ajay Kejriwal Country flag representing In Director 01-Jun-2016Current
Arun Poddar Country flag representing In Director 27-Nov-2023Current
Vijendra Shekhawat Country flag representing In Director and Ceo 16-Dec-2021Current
Anil Aggarwal Country flag representing In Director 13-Jul-2023Current

Financial Performance of Choice Finserv.

Choice Finserv Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 84.61% increase. The company also saw a substantial fall in profitability, with a 51.93% decrease in profit. The company's net worth moved up by a moderate rise of 5.53%.

Choice Finserv revenue growth over time
Choice Finserv profit and loss trends over time
  • 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
84.61%
Revenue from Operations
84.21%
Total Assets
57.20%
Profit or Loss
-51.93%
Net Worth
5.53%
EBITDA
39.58%

What is the Ownership and Shareholding Structure of Choice Finserv?

In 2024, Choice Finserv had a promoter holding of 97.34% and a public holding of 2.66%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹708.92 Cr

Satisfied Charges

₹53.25 Cr

Charges Breakdown by Lending Institutions

  • Others : 580.66 Cr
  • Hdfc Bank Limited : 75.22 Cr
  • State Bank Of India : 33.04 Cr
  • Sidbi : 20.00 Cr

Latest Charge Details

DateLenderAmountStatus
21 Feb 2025Others₹10.00 CrOpen
31 Dec 2024Others₹6.00 CrOpen
31 Dec 2024Others₹3.82 CrOpen
31 Dec 2024Others₹3.93 CrOpen
31 Dec 2024Others₹1.05 CrOpen

How Many Employees Work at Choice Finserv?

Choice Finserv has a workforce of 605 employees as of Apr 02, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Choice Finserv Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Choice Finserv, 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 Choice Finserv's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

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.

Latest Updates, News, and FAQs on Choice Finserv

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 101059281 was registered on 21 Feb 2025.

  • Charges

    A charge with Others amounted to Rs. 6.00 Cr with Charge ID 101036410 was registered on 31 Dec 2024.

  • Charges

    A charge with Others amounted to Rs. 3.82 Cr with Charge ID 101036416 was registered on 31 Dec 2024.

  • Charges

    A charge with Others amounted to Rs. 3.93 Cr with Charge ID 101037784 was registered on 31 Dec 2024.

  • Charges

    A charge with Others amounted to Rs. 1.05 Cr with Charge ID 101038495 was registered on 31 Dec 2024.

  • Charges

    A charge with Others amounted to Rs. 0.40 Cr with Charge ID 101041661 was registered on 31 Dec 2024.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Choice Finserv Private Limited?

    Choice Finserv Private Limited was incorporated on 01 Jun 2016.

  • What is authorized share capital and paid-up capital of Choice Finserv Private Limited?

    The authorized share capital of Choice Finserv Private Limited is ₹ 97.40 Cr and paid-up capital is ₹ 93.54 Cr.

  • Who are the current board members & directors of Choice Finserv Private Limited?

    Currently 10 directors are associated with Choice Finserv Private Limited.

    • Kamal Poddar
    • Sandeep Singh Kumar
    • Arun Kumar Poddar
    • Ajay Rajendra Kejriwal
    • Vijendra Singh Shekhawat
    • Anil Aggarwal
    • Manoj Kumar Verma
    • Manoj Murarilal Sighania
    • Vijendra Singh Shekhawat
    • Karishma Praful Shah

  • What is the registered address of Choice Finserv Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Choice Finserv Private Limited is Sunil Patodia Tower Plot No. 156-158 J.B. Nagar Andheri (East), India, Mumbai, Maharashtra, 400099.

  • What is the corporate identification number (CIN) and company number of Choice Finserv Private Limited?

    The corporate identification number (CIN) of Choice Finserv Private Limited is U74999MH2016PTC281908 and the company number is 281908 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Choice Finserv Private Limited?

    The Official website of Choice Finserv Private Limited is https://www.choiceindia.com

  • What has been the recent revenue trend for Choice Finserv Private Limited?

    According to the financial reports for the fiscal year 2024, the revenue trend for Choice Finserv Private Limited has risen by 84.61%.

  • How many employees does Choice Finserv Private Limited currently have?

    As Per 2024 financial reports, 605 employees are currently employed by Choice Finserv Private Limited.

  • What change has been observed in the net worth of Choice Finserv Private Limited, and by what percentage?

    The financial reports for the fiscal year 2024 indicates that The net worth of Choice Finserv Private Limited has experienced an upsurge of 5.53%.

  • What are the total open charges for Choice Finserv Private Limited?

    As per the financial statements for fiscal Year 2024, The total open charges for Choice Finserv Private Limited amount to ₹ 708.92 Cr.

  • When was the last Balance Sheet of Choice Finserv Private Limited filed with the ROC?

    The most recent Balance Sheet for Choice Finserv Private Limited was filed with the ROC on 31 Mar 2024.

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