- Business
- Shivansh Finserve Limited (SHIVA.BO) provides financial consultancy and advisory services to corporate clients and individuals in India. The company offers finance against mortgage of property; working capital facility requirements; overdraft facilities; ad hoc facilities from bankers; cash credit facilities; working capital demand loans; bank guarantees; local and foreign letters of credit; packing credit in foreign currency; bill discounting; export bill discounting; export bill purchase; foreign bill purchase; cash purchase; factoring facilities; home loans; reconstruction loans; advance loans; and vehicle loans. Shivansh operates primarily within the diversified financials sector, focusing on specialized finance segments, with all activities centered in India.
Incorporated in 1984 and headquartered in Ahmedabad, Gujarat, the company, formerly known as Manasarovar Financial Services Limited, changed its name in May 2015. It maintains a single subsidiary and reports low promoter holding at 0.59% as of 2023.
Recent developments include an address change approved at the board meeting on November 27, 2025, shifting from 22, First Floor, Harsidhh Complex; a board meeting scheduled for the same date to discuss share swapping and promoter reclassification; approval of Q2 FY2025-26 results alongside resignations of two directors and appointment of two new independent directors for five-year terms; director changes with Rajesh Karwasara appointed as Additional Executive Director effective August 21, 2025; changes in company secretary and compliance officer effective August 8, 2025; its 41st AGM held on September 25, 2025; and share sales by Sanjeev Lunkad reducing holdings below 17% and 11% in September and October 2025.