Company Intelligence Profile
Capital First Limited
Capital First Limited was a Mumbai-based non-banking finance company offering retail and MSME loans. It merged into IDFC Bank in December 2018.
CIN: L29120MH2005PLC156795Amalgamated / Struck off register as a separate entityRegistrar of Companies, Maharashtra
Last updated 20 October 2026
AI OverviewGenerated from public records
Capital First Limited was a non-banking financial company based in Mumbai, incorporated on 18 October 2005. It offered retail and MSME loans, consumer durable and two-wheeler finance, and wholesale lending, and was listed on the BSE and NSE. The company merged with IDFC Bank Limited effective 18 December 2018 to form IDFC First Bank Limited. It is no longer an active standalone entity.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
| Registered name | Capital First Limited |
|---|---|
| CIN | L29120MH2005PLC156795 |
| Status |
|
| Listing | Formerly listed (BSE/NSE, ticker CAPF) as a public limited NBFC; delisted following the amalgamation with IDFC Bank in December 2018, which created IDFC First Bank Limited (still listed today as IDFC FIRST BANK). |
| Incorporated | 18 October 2005 |
| ROC | Registrar of Companies, Maharashtra (Mumbai) |
| Sector (NIC) | Financial Services (NIC 29120) |
| Registered address | One Indiabulls Centre, Tower 2A & 2B, 10th Floor, Senapati Bapat Marg, Lower Parel (West), Mumbai, Maharashtra – 400013 |
| Authorized capital | ₹113.0 Cr |
| Paid-up capital | ₹99.1 Cr |
Source: www.tofler.in
Business Overview
- Capital First Limited was a non-banking financial company (NBFC) headquartered in Mumbai.
- It offered loans against property, consumer durable and two-wheeler finance, and unsecured personal and business loans.
- It also did wholesale lending, and was led by V. Vaidyanathan.
- It merged with IDFC Bank Limited effective 18 December 2018 to form IDFC First Bank Limited.
Directors
- Apul Nayyar — Whole-time Director
- Nihal Mahendra Desai — Whole-time Director
- V. Vaidyanathan — Managing Director
- Sundara Rajan Swaminathan Mittur — Director
- Naresh Chand Singhal — Director
- Dinesh Hasmukhrai Kanabar — Director
- Hemang Harish Raja — Director
- Vishal Kashyap Mahadevia — Director
- Narendra Ostawal — Director
- Brinda Jagirdar — Director
Source: www.tofler.in
Funding
- Warburg Pincus backed the company after its 2012 restructuring from Future Capital Holdings.
- Capital was also raised through public equity issues, NCDs and bank borrowings.
Charges & Borrowings
- No registered charges are currently on record.
Source: www.tofler.in
Legal & Compliance
- 2022, Supreme Court: M/S R.D. Jain And Co. vs Capital First Ltd.
- 2021, Madras High Court: Mr. R.S. Sekar vs Capital First Limited.
- 2019, Calcutta High Court: Capital First Limited vs Shree Shyam Pulses Private Limited.
- 2019, Telangana High Court: V. Balakrishnan vs Capital First Limited.
- 2017, Bombay High Court: Capital First Ltd vs The State Of Maharashtra, a writ petition on regulatory matters.
Source: www.tofler.in
Competitors
large consumer and MSME lender
L&T Finance Holdings
diversified NBFC
Shriram Finance
retail and MSME lending
Cholamandalam Investment and Finance Company
vehicle and MSME finance
Fullerton India Credit Company
retail and MSME lending
Magma Fincorp
retail and vehicle finance
Frequently Asked Questions
What does Capital First Limited do?
Capital First Limited was a non-banking financial company offering retail and MSME loans, consumer durable and two-wheeler finance, and wholesale lending. It no longer operates on its own after its merger.
When was Capital First Limited incorporated?
Capital First Limited was incorporated on 18 October 2005.
What is the CIN of Capital First Limited?
The CIN of Capital First Limited is L29120MH2005PLC156795.
What happened to Capital First Limited?
It merged with IDFC Bank Limited effective 18 December 2018 to form IDFC First Bank Limited.
Where is Capital First Limited registered?
It is registered with the Registrar of Companies, Maharashtra (Mumbai). The registered address is One Indiabulls Centre, Tower 2A & 2B, 10th Floor, Senapati Bapat Marg, Lower Parel (West), Mumbai 400013.
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