

Kifs Financial Services Profile
Key Indicators
- Authorised Capital ₹ 11.00 Cr
- Paid Up Capital ₹ 10.82 Cr
- Company Age 30 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Revenue Growth -6.00%
- Profit Growth 4.41%
- Ebitda -5.96%
- Net Worth 12.38%
- Total Assets 6.46%
About Kifs Financial Services
Kifs Financial Services Limited (KFSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 March 1995 and has a history of 30 years and one month. Its registered office is in Ahmedabad, Gujarat, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 535566.
The Corporate was formerly known as Khandwala Financial 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 2023. It's a company limited by shares with an authorized capital of Rs 11.00 Cr and a paid-up capital of Rs 10.82 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Kifs Financial Services Limited India are Bhavik Shah as CFO and Durgesh Soni as Company Secretary. Rajesh Khandwala, Sonal Khandwala, Dixit Shah, and Three other members serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L67990GJ1995PLC025234
- Company No.
025234
- Stock Symbol
BSE : 535566
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
29 Mar 1995
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Kifs Financial Services?
Executive Team (3)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Rajesh Khandwala ![]() | Managing Director | 31-Jul-2010 | Current |
Bhavik Shah ![]() | CFO | 27-May-2014 | Current |
Durgesh Soni ![]() | Company Secretary | 18-Feb-2025 | Current |
Board Members (5)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Sharvil Suthar ![]() | Director | 29-Jun-2020 | Current |
Sonal Khandwala ![]() | Director | 27-May-2014 | Current |
Dixit Shah ![]() | Director | 14-Aug-2023 | Current |
Rajesh Parekh ![]() | Director | 14-Aug-2023 | Current |
Vimal Khandwala ![]() | Director | 25-Jan-2021 | Current |
Financial Performance of Kifs Financial Services.
Kifs Financial Services Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 6% decrease. The company also saw a slight improvement in profitability, with a 4.41% increase in profit. The company's net worth Soared by an impressive increase of 12.38%.


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What is the Ownership and Shareholding Structure of Kifs Financial Services?
In 2023, Kifs Financial Services had a promoter holding of 74.41% and a public holding of 25.60%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Related Corporates (Common Directorship)
- Kifs Motors Private Limited
Rajesh Khandwala and Vimal Khandwala are mutual person
- Kifs International Llp
Rajesh Khandwala and Vimal Khandwala are mutual person
- Kifs Trade Capital Private Limited
Rajesh Khandwala and Vimal Khandwala are mutual person
- Kifs Housing Finance Limited
Rajesh Khandwala and Vimal Khandwala are mutual person
- Bsafal.Kz Estate Llp
Rajesh Khandwala is a mutual person
- Edutest Solutions Private Limited
Rajesh Parekh is a mutual person
Charges (Loans)

There are no open charges registered against the company as per our records.
How Many Employees Work at Kifs Financial Services?
Unlock and access historical data on people associated with Kifs Financial Services, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Deals i

Gain comprehensive insights into the Deals and Valuation data of Kifs Financial 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 Kifs Financial Services's trajectory.
Rating

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

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 Kifs Financial Services
Recent activity within the organization
- Director Appointment
Durgesh Dulichand Soni was appointed as a Company Secretary was appointed as a Company Secretary on 18 Feb 2025 & has been associated with this company since 2 months 15 days .
- Annual General Meeting
Kifs Financial Services Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
- Director Appointment
Dixit Dipakkumar Shah was appointed as a Director was appointed as a Director on 14 Aug 2023 & has been associated with this company since 1 year 8 months .
- Director Appointment
Rajesh Gopaldas Parekh was appointed as a Director was appointed as a Director on 14 Aug 2023 & has been associated with this company since 1 year 8 months .
- Balance Sheet
Kifs Financial Services Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
- Director Appointment
Vimal Parmanand Khandwala was appointed as a Director was appointed as a Director on 25 Jan 2021 & has been associated with this company since 4 years 3 months .
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Kifs Financial Services Limited?
Kifs Financial Services Limited was incorporated on 29 Mar 1995.
What is authorized share capital and paid-up capital of Kifs Financial Services Limited?
The authorized share capital of Kifs Financial Services Limited is ₹ 11.00 Cr and paid-up capital is ₹ 10.82 Cr.
Who are the current board members & directors of Kifs Financial Services Limited?
Currently 8 directors are associated with Kifs Financial Services Limited.
- Rajesh Parmanand Khandwala
- Sonal Rajesh Khandwala
- Dixit Dipakkumar Shah
- Rajesh Gopaldas Parekh
- Bhavik J Shah
- Durgesh Dulichand Soni
- Sharvil Bharat Kumar Suthar
- Vimal Parmanand Khandwala
What is the registered address of Kifs Financial Services Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Kifs Financial Services Limited is 4Th Floor Kifs Corporate House Nr.Land Mark Hotel Nr. Neptune Iskon-Ambli Road, India, Ahmadabad City, Gujarat, 380054.
What is the corporate identification number (CIN) and company number of Kifs Financial Services Limited?
The corporate identification number (CIN) of Kifs Financial Services Limited is L67990GJ1995PLC025234 and the company number is 025234 as per Ministry of Corporate Affairs (MCA).
Is Kifs Financial Services Limited registered with any stock exchange in India?
Yes, Kifs Financial Services Limited is registered on Bombay Stock Exchange (BSE).
What is the official website of Kifs Financial Services Limited?
The Official website of Kifs Financial Services Limited is https://www.kifsfinance.com
What has been the recent revenue trend for Kifs Financial Services Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Kifs Financial Services Limited has fallen by -6.00%.
What change has been observed in the net worth of Kifs Financial Services Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Kifs Financial Services Limited has experienced an upsurge of 12.38%.
When was the last Balance Sheet of Kifs Financial Services Limited filed with the ROC?
The most recent Balance Sheet for Kifs Financial Services Limited was filed with the ROC on 31 Mar 2023.
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