Promoter holding
64.27%
AF
Arohan Financial Services Limited - Due diligence report
A 360° intelligence report on Intellecash: trust score, financial health, credit view, compliance, directors, growth and distress signals - …
Full Due-Diligence Report + Documents
- Unlock all financial figures & 5-year trends
- Full trust, health & credit-risk scores
- Director details, charges & MCA documents
₹700
₹349
50% off
New user
Or enjoy up to 50% off with credits
View credit packages
Company Credits – Starter
- One credit unlocks this full due-diligence report
- Use across any company’s report, anytime
- Credits valid for 12 months
Choose your own credit amount
View credit packages
Intellecash — 360° Intelligence Report
Generated from MCA filings & public records72/100
Trust Score
Moderate
Intellecash is assessed as Moderate with a Trust Score of 72/100. Intellecash is an active public limited indian non-government company incorporated in 1991, operating in the Financial Services sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a moderate compliance risk and low financial risk profile.
Report generated on 04 Jul 2026 from the latest processed filings. Arohan Financial Services Limited snapshot & full profile →
Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.
02
Score Card
Higher is safer · rule-based & explainableTrust ScoreModerate
72/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
70/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
75/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
35/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreCaution Indicated
35/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
90/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
80/100
Early-warning signals - higher means fewer warnings.
03
Financial Intelligence Dashboard
Standalone · 5 filed year(s)Unlock the full 5-year financial dashboard with charts and year-wise figures.
Get full accessScores and observations on this page are already computed from the real filings - only the underlying figures are locked.
04
Credit & Compliance Intelligence
Why the scores are what they are
Credit Risk Score: 35/100 Caution Indicated
- Liabilities ≈ 38% EBITDA - stretched.
- Open charges exceed net worth - secured lenders rank ahead.
- Elevated gearing (D/E 1.42).
- Profitable - internal accruals available.
- Externally credit-rated (A-).
Charges position: 78 open (9,163.95 cr) · 369 satisfied (14,893.95 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| Others | 197 | 48.0 cr |
| Axis Bank Limited | 22 | 48.0 cr |
| Sidbi | 10 | 48.0 cr |
| State Bank Of India | 8 | 48.0 cr |
| Idbi Trusteeship Services Limited | 13 | 48.0 cr |
| Standard Chartered Bank | 12 | 48.0 cr |
Compliance Score: 70/100 Moderate
- Company status is Active as per MCA.
- Annual filings current (balance sheet Mar 2025).
- Litigation present in 4 court forum(s).
- 1 auditor resignation(s) filed - latest: WALKER CHANDIOK & CO LLP on 2021-12-07.
- 18 active GST registration(s).
Legal cases on record (4)
05
Director Intelligence
Stability score: 35/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| ULHAS SHARADKUMAR DESHPANDE | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| JOHN ARUNKUMAR DIAZ | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| NITISH CHAWLA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| MANOJKUMAR NARAYAN NAMBIAR | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Karina Isabel Alva Alfaro | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| NARASIMHA MURTHY KUMMAMURI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| STEPHEN DONGWON LEE | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| VINEET CHANDRA RAI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Milind Ramchandra Nare | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| JOSE JOSEPH KATTOOR | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| RUPA RAJUL VORA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| DINESH KUMAR MITTAL | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SRIRADHA RAMANA SARIPALLI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| ANURAG AGRAWAL | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| WILHELMUS MARTHINUS MARIA VAN DER BEEK | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Anirudh Singh Thakur | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 16 directors on the board.
- SRIRADHA RAMANA SARIPALLI has DIN status "Deactivated due to non-filing of DIR-3 KYC".
- 9 director exits in 3 years - high churn.
- Average tenure above 5 years.
Director & KMP remuneration (FY 2023)
| Name | Designation | Total remuneration |
|---|---|---|
| A K Sharma | Managing Director | 2.4 cr |
| R Mehta | Whole-time Director | 1.6 cr |
| S Iyer | CFO | 95.0 L |
Remuneration is disclosed in the latest annual return. Unlock full report
06
Ownership & Group Intelligence
As per FY 2023 annual returnPublic / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
66 allotment(s) · 1 transfer(s)
Promoters hold the largest single block of equity - exact percentages are part of the full report.
Key managerial personnel: Milind Ramchandra Nare (CFO)
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 90 · Distress 80
Growth signals & trust indicators
Revenue acceleration: +2.1x over 4 year(s).
Profit expanded 24% year-on-year.
Asset base grew 0.86 - capacity expansion.
EPFO headcount growing - hiring signal.
Operating for 34+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
3 director exits within 2 years.
78 open charge(s) registered - assets are encumbered.
1 auditor resignation(s) on record - review the stated reasons.
4 court case(s) on record - see the legal section for details.
08
Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence74/100
Favourable indicators
Suitability as a supplier / customer counterparty.
- Statutory record is clean.
- 1 distress signal(s) - see Risk Center.
- Financial filings available for verification.
Banker assessment56/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- 78 open charge(s) of 9,163.95 cr already registered.
- Compliance record supports lending.
Investor view80/100
Positive growth indicators
Growth quality and scalability through an investor lens.
- 4 growth signal(s) detected.
- Margin and return trends computable from filings.
- Management churn warrants questions.
09
MCA Filings & Events Timeline
Latest 15 events08 Dec 2025
Charge created
Others - 125.00 cr
02 Dec 2025
Charge created
Others - 175.00 cr
28 Nov 2025
Charge created
Others - 63.00 cr
24 Nov 2025
Charge satisfied
Others
19 Nov 2025
Charge satisfied
Others
30 Oct 2025
Charge satisfied
Others
14 Oct 2025
Charge satisfied
Others
10 Oct 2025
Charge created
Others - 50.00 cr
07 Oct 2025
Charge satisfied
State Bank Of India
01 Oct 2025
Charge satisfied
Hdfc Bank Limited
25 Sep 2025
Charge created
Sidbi - 170.00 cr
23 Sep 2025
Charge created
Axis Bank Limited - 300.00 cr
22 Sep 2025
Charge created
Others - 125.00 cr
19 Sep 2025
Charge created
Others - 100.00 cr
Charge satisfied
Others
10
Key Observations
Auto-generated from the data aboveRevenue grew 61% over the last 4 financial year(s).
Net profit margin moved from 38% to 1.42.
Debt-to-equity stands at 2.1x - leverage worth monitoring.
Net worth is positive.
16 active director(s) / partner(s); review board churn before relying on management continuity.
18 active GST registration(s) indicate ongoing business operations.
Carries an external credit rating of A- from Icra.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold the largest single block of equity as per the FY 2023 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 66 security allotment(s) - amounts available in the full report.
| Company | CIN | Location |
|---|---|---|
| Tccl | U65923MH2011PLC222430 | Mumbai, Maharashtra, India |
| Belstar Investment And Finance | U06599TN1988PLC081652 | Chennai City Corporation, Tamil Nadu, India |
| Paypal | U74990MH2009PTC194653 | Bandra, Maharashtra, India |
| All Time Securities Private Limited | U67100DL2009PTC191597 | Delhi, Delhi, India |
| Tower Research Capital Markets India Private Limited | U67190GJ2012PTC115368 | Gandhinagar, Gujarat, India |
| Ecap Equities Limited | U74900MH2008PLC287466 | Mumbai, Maharashtra, India |
| Gichf | L65922MH1989PLC054583 | Mumbai, Maharashtra, India |
| Sundaram Home Finance | U65922TN1999PLC042759 | Chennai, Tamil Nadu, India |
12
Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Intellecash before audits and certifications: compliance score 70/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Intellecash: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.
Bankers & NBFCs
Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 35/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Positive growth indicators. Growth score 90/100, margin trends, ownership structure and peer set for Intellecash - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Favourable indicators. Trust score 72/100, distress signals and MSME payment-delay disclosures - know whether Intellecash pays its suppliers before you extend credit terms.
Lawyers & Compliance Teams
Litigation footprint (4 case(s) on record), regulatory flags, charge documents trail and director networks for Intellecash - groundwork for KYC, onboarding and disputes.
13
Frequently Asked Questions
Is Intellecash an active company?
Intellecash has MCA status “Active” with a compliance score of 70/100 (Moderate).
Is Intellecash financially healthy?
Intellecash has a Financial Health Score of 75/100 (Low Risk) based on its filed financial statements.
Should I do business with Intellecash?
Its overall Trust Score is 72/100 (Moderate). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Intellecash?
Promoters hold the largest single block of equity - exact percentages are in the full report. 16 active director(s) are on record.
Does Intellecash have loans or charges against its assets?
78 open charge(s) are registered against its assets, and 369 earlier charge(s) stand satisfied.
Is Intellecash up to date with its ROC filings?
Annual filings current (balance sheet Mar 2025). Overall compliance score: 70/100 (Moderate).
Is it risky to lend to Intellecash?
Its Credit Risk Score is 35/100 (Caution Indicated). Banker verdict: Mixed indicators - deeper appraisal suggested.
Disclaimer: This report is generated automatically from MCA filings and public records as available
in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the
underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are
not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice.
Verify from official sources and consult a qualified professional before any business, lending or investment decision.
If you represent this company and believe any information is inaccurate or outdated,
report it here and we will review promptly.
