Finserve Shared Services Private Limited

Support services provider for group companies, with major revenue from shared services to Religare.

2011 | New Delhi (India) | Active
Last Updated: January 05, 2025

Finserve Shared Services Profile

Key Indicators

  • Authorised Capital ₹ 101.05 Cr
  • Paid Up Capital ₹ 100.05 Cr
  • Company Age 13 Year, 4 Months
  • Last Filing with ROC 31 Mar 2020
  • Open Charges ₹ 490.00 Cr
  • Revenue Growth -83.28%
  • Profit Growth -142.88%
  • Ebitda 38.51%
  • Net Worth -22.93%
  • Total Assets -6.57%

About Finserve Shared Services

Finserve Shared Services Private Limited (FSSPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 September 2011 and has a history of 13 years and four months. Its registered office is in New Delhi, India.

The Corporate was formerly known as Religare Corporate Services Limited. 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 2020. It's a company limited by shares with an authorized capital of Rs 101.05 Cr and a paid-up capital of Rs 100.05 Cr.

The company currently has active open charges totaling ₹490.00 Cr.

Shivinder Singh, Malvinder Singh, Rajender Kumar, and One other member serve as directors at the Company.

Company Details

  • Location

    New Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74140DL2011PTC225477

  • Company No.

    225477

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Sep 2011

  • Date of AGM

    02 Nov 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Financial Services

Who are the key members and board of directors at Finserve Shared Services?

Board Members (4)

NameDesignationAppointment DateStatus
Shivinder Singh Country flag representing In Additional Director 02-Apr-2018Current
Malvinder Singh Country flag representing In Additional Director 02-Apr-2018Current
Rajender Kumar Country flag representing In Additional Director 23-May-2019Current
Pankaj Sachdeva Country flag representing In Additional Director 11-Mar-2022Current

Financial Performance of Finserve Shared Services.

Finserve Shared Services Private Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 83.28% decrease. The company also saw a substantial fall in profitability, with a 142.88% decrease in profit. The company's net worth observed a substantial decline by a decrease of 22.93%.

Graph illustrating revenue growth over time
Graph showing 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
-83.28%
Revenue from Operations
Total Assets
-6.57%
Profit or Loss
-142.88%
Net Worth
-22.93%
EBITDA
38.51%

What is the Ownership and Shareholding Structure of Finserve Shared Services?

In 2017, Finserve Shared Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹490.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 250.00 Cr
  • Indusind Bank Ltd. : 240.00 Cr

Latest Charge Details

DateLenderAmountStatus
27 Oct 2015Idbi Trusteeship Services Limited₹250.00 CrOpen
23 Dec 2013Indusind Bank Ltd.₹240.00 CrOpen

How Many Employees Work at Finserve Shared Services?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Finserve Shared Services, 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 Finserve Shared Services'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 Finserve Shared Services

Recent activity within the organization

  • Director Appointment

    Pankaj Sachdeva was appointed as a Additional Director was appointed as a Additional Director on 11 Mar 2022 & has been associated with this company since 2 years 10 months .

    11 Mar 2022

  • Annual General Meeting

    Finserve Shared Services Private Limited last Annual general meeting of members was held on 02 Nov 2020 as per latest MCA records.

    02 Nov 2020

  • Balance Sheet

    Finserve Shared Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Delhi.

    31 Mar 2020

  • Director Appointment

    Rajender Kumar was appointed as a Additional Director was appointed as a Additional Director on 23 May 2019 & has been associated with this company since 5 years 8 months .

    23 May 2019

  • Director Appointment

    Shivinder Mohan Singh was appointed as a Additional Director was appointed as a Additional Director on 02 Apr 2018 & has been associated with this company since 6 years 10 months .

    02 Apr 2018

  • Director Appointment

    Malvinder Mohan Singh was appointed as a Additional Director was appointed as a Additional Director on 02 Apr 2018 & has been associated with this company since 6 years 10 months .

    02 Apr 2018

Frequently asked questions

  • Finserve Shared Services Private Limited was incorporated on 26 Sep 2011.

  • The authorized share capital of Finserve Shared Services Private Limited is ₹ 101.05 Cr and paid-up capital is ₹ 100.05 Cr.

  • Currently 4 directors are associated with Finserve Shared Services Private Limited.

    • Shivinder Mohan Singh
    • Malvinder Mohan Singh
    • Rajender Kumar
    • Pankaj Sachdeva
  • As per Ministry of Corporate Affairs (Mca), the registered address of Finserve Shared Services Private Limited is G - 16 Marina Arcade Connaught Circus, India, New Delhi, 110001.

  • The corporate identification number (CIN) of Finserve Shared Services Private Limited is U74140DL2011PTC225477 and the company number is 225477 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2019, the revenue trend for Finserve Shared Services Private Limited has fallen by -83.28%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Finserve Shared Services Private Limited has experienced an downturn of -22.93%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Finserve Shared Services Private Limited amount to ₹ 490.00 Cr.

  • The most recent Balance Sheet for Finserve Shared Services Private Limited was filed with the ROC on 31 Mar 2020.

People also Viewed

Similar Companies Based on Diversified Financial Services