- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0215372

Comrade Lease Finvest Private Limited
About Comrade Lease Finvest Private Limited
Data last updated:
Comrade Lease Finvest Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 26 August 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65900MH1996PTC102145. Its GSTIN is 27AAACC8887A1ZL (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Maruti Bandu Sapkal and Shivprasad Kuwarbahadur Shrivastav.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹92.54 Lakh, a growth of 5% compared to the previous year. For the same year it recorded a net loss of ₹16.54 Lakh (net margin -17.9%) and EBITDA of ₹28.11 Lakh (EBITDA margin 30.4%). Revenue has grown at a compounded annual rate (CAGR) of 60% over three years and 135% over five years.
Court records list 10 cases involving the company, including 7 filed by the company and 3 filed against it; 5 cases are pending.
Comrade Lease Finvest Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0215372). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Comrade Lease Finvest
Contact details
Comrade Lease Finvest Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1st Floor Krishna House Raghuvanshi Mill Compound Senapati Bapat Marg Lower Par, El (W), Mumbai, Maharashtra, India – 400013
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Comrade Lease Finvest Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Comrade Lease Finvest Private Limited
FY 2024 filings availableComrade Lease Finvest Private Limited reported revenue of ₹92.54 Lakh (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 135% over five years, including 5% growth in the latest year. EBITDA fell 58% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹28.11 Lakh | ||||
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| Net Profit (PAT) | -₹16.54 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 30.4% | ||||
| Net Profit Margin | -17.9% | ||||
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To see the full financial statements and ratios of Comrade Lease Finvest Private Limited, buy the company report.
Board of directors of Comrade Lease Finvest Private Limited
Comrade Lease Finvest has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Maruti Bandu Sapkal Also directs: Shree Krishna Silk Industries Pvt Ltd, Jaimin Texpro Private Limited, Joindre Textiles and Reality Private Limited and 3 more | Director | 29 Mar 2025 | 1 Years 6 Months | Current |
| Shivprasad Kuwarbahadur Shrivastav Also directs: Upasana Silk Mills Private Limited, Archana Syntex Private Limited, Shree Ganesh Hosiery Mills Private Limited and 2 more | Director | 29 Nov 2004 | 21 Years 10 Months | Current |
Auditor
Comrade Lease Finvest Private Limited is audited by AJITKUMARFATEHLALKHASGIWALA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AJITKUMARFATEHLALKHASGIWALA | FY 2023 | 006491 |
Shareholding
The shareholding of Comrade Lease Finvest Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Comrade Lease Finvest Private Limited, buy the company report.
Legal cases
Comrade Lease Finvest Private Limited has 10 court cases on record: 7 filed by Comrade Lease Finvest, 3 filed against it. 5 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 0 | 3 |
| High courts | 5 | 3 | 2 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against Sky Forest Projects Pvt Ltd. and 3 others | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against The Municipal Corporation for Greater Mumbai | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against The Municipal Corporation for Greater Mumbai | Pending |
| Bombay High Court | Appeal | Filed against the company by Municipal Corporation of Greater Mumbai | Disposed |
| Bombay High Court | Court case (CAF) | Filed against the company by Municipal Corporation of Greater Mumbai | Disposed |
To see the full case history of Comrade Lease Finvest Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Comrade Lease Finvest Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Comrade Lease Finvest has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACC8887A1ZL | Maharashtra | Active | 01 Jul 2017 |
| 27AABCJ0405E1Z7 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Comrade Lease Finvest Private Limited, buy the company report.
Recent activity
Comrade Lease Finvest Private Limited has 5 board changes on record since 2004: 2 appointments and 3 cessations. The latest: Maruti Bandu Sapkal ceased to be Additional Director on 29 Sep 2025.
Frequently asked questions
Comrade Lease Finvest is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 26 August 1996 (30+ years old) and is registered under CIN U65900MH1996PTC102145.
Comrade Lease Finvest has 2 current directors:
- Maruti Bandu Sapkal - Director
- Shivprasad Kuwarbahadur Shrivastav - Director
The latest financial statements of Comrade Lease Finvest on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Comrade Lease Finvest is 27AAACC8887A1ZL, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AABCJ0405E1Z7 (Maharashtra).
The CIN (Corporate Identification Number) of Comrade Lease Finvest is U65900MH1996PTC102145. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Comrade Lease Finvest has 10 court cases on record: 7 filed by the company and 3 filed against it. 5 are pending. Most are in the district courts.
Comrade Lease Finvest was incorporated on 26 August 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
Maruti Bandu Sapkal ceased to be Additional Director on 29 Sep 2025. Jodha Ram Dunga Ram Dhaka ceased to be Director on 30 Mar 2025. Maruti Bandu Sapkal was appointed as Director on 29 Mar 2025. Comrade Lease Finvest has 5 board changes on record in total.
Yes, Comrade Lease Finvest is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0215372).
The registered office of Comrade Lease Finvest is at 1st Floor Krishna House Raghuvanshi Mill Compound Senapati Bapat Marg Lower Par, El W, Mumbai, Maharashtra, India – 400013.