Deep Finvest Limited
About Deep Finvest Limited
Data last updated:
Deep Finvest Limited is a public limited company based in Moga, Punjab, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 21 July 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U65910PB1991PLC011506. Its GSTIN is 03AACCD4554B1ZA (Punjab).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹4.47 Cr. It was formerly known as Deep Finvest Pvt Ltd and Laly Kang Deposits and Advances Pvt Ltd. It is led by directors including Gurdeep Singh Ahluwalia (Managing Director) and Amandeep Kaur Ahluwalia (Whole-Time Director).
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 Near Lic Buildingferozepur Road Moga, Punjab, India – 142001.
As per the financials filed for FY 2024, the company reported a revenue of ₹71.98 Lakh, a growth of 133% compared to the previous year. For the same year it recorded a net profit of ₹1.71 Lakh (net margin 2.4%) and EBITDA of ₹2.35 Lakh (EBITDA margin 3.3%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 2% over five years.
Court records list 92 cases involving the company, including 71 filed by the company and 21 filed against it; 12 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Deep Finvest has undergone 2 name changes throughout its history. The company was previously known as Deep Finvest Pvt Ltd, and Laly Kang Deposits And Advances Pvt Ltd. The current legal name is Deep Finvest Limited.
| Company Name | Status |
|---|---|
| Deep Finvest Limited | Current |
| Deep Finvest Pvt Ltd | Previous |
| Laly Kang Deposits And Advances Pvt Ltd | Previous |
CIN history
Deep Finvest has one previous CIN (Corporate Identification Number): U65910PB1991PTC011506. The current CIN is U65910PB1991PLC011506, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65910PB1991PLC011506 | Current |
| U65910PB1991PTC011506 | Previous |
Contact details
Deep Finvest Limited's registered office is in Moga, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNear Lic Buildingferozepur Road Moga, Punjab, India – 142001
- IndustryFinancial Services, NBFC
To see the full contact details of Deep Finvest 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
Business activity
The main business activity of Deep Finvest is financial and insurance service. In detail, this covers financial and credit leasing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K5 | Financial and Credit leasing activities |
To see the full business activity and turnover split of Deep Finvest Limited, buy the company report.
Financials of Deep Finvest Limited
FY 2024 filings availableDeep Finvest Limited reported revenue of ₹71.98 Lakh (up 133% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 133% growth in the latest year. EBITDA rose 115% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.35 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.71 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.3% | ||||
| Net Profit Margin | 2.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Deep Finvest Limited, buy the company report.
Board of directors and KMP of Deep Finvest Limited
Deep Finvest Limited currently reports 4 directors and 1 key managerial person. 5 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Samir Kumar Singh Also directs: Infradev Construction India Private Limited, Legaldev Tax India Private Limited, Devops Web India Private Limited and 2 more | Additional Director | 24 Aug 2024 | 2 Years 2 Months | Current |
| Gurdeep Singh Ahluwalia | Managing Director | 28 Nov 2000 | 25 Years 10 Months | Current |
| Akash Singh Also directs: Infradev Construction India Private Limited, Legaldev Tax India Private Limited, Devops Web India Private Limited and 2 more | Ceo | 09 Jun 2023 | 3 Years 4 Months | Current |
| Amandeep Kaur Ahluwalia | Whole-Time Director | 01 Nov 2015 | 10 Years 11 Months | Current |
| Rajinder Singh Ahluwalia | Whole-Time Director | 24 Mar 1997 | 29 Years 7 Months | Current |
Auditor
Deep Finvest Limited is audited by DJNK & CO. LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DJNK & CO. LLP | FY 2022 | 013170N |
Shareholding
The shareholding of Deep Finvest Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Deep Finvest Limited, buy the company report.
Legal cases
Deep Finvest Limited has 92 court cases on record: 71 filed by Deep Finvest, 21 filed against it. 12 cases are pending and 80 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 84 | 15 | 9 |
| High courts | 8 | 6 | 3 |
Cases on record (5 of 92)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, PUNJAB | Appeal | Filed against the company by Oriental Insurance Co. Ltd. | Pending |
| District court, Moga, Punjab | Execution petition | Filed by the company against Malwa Tourist Private Limited and 3 others | Disposed |
| District court, Moga, Punjab | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, Moga, Punjab | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, Moga, Punjab | Cheque dishonour complaint | Filed by the company against an individual | Pending |
To see the full case history of Deep Finvest 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 Deep Finvest Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Deep Finvest has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AACCD4554B1ZA | Punjab | Active | 27 Sep 2017 |
To see the full GST registrations and return filing status of Deep Finvest Limited, buy the company report.
Recent activity
Deep Finvest Limited has 10 board changes on record since 1997: 5 appointments and 5 cessations. The latest: Samir Kumar Singh was appointed as Additional Director on 24 Aug 2024.
1 earlier event is in the company report.
Frequently asked questions
Deep Finvest is an active public limited company based in Moga, Punjab, India. The company works in nbfc, within the financial services industry. It was incorporated on 21 July 1991 (35+ years old) and is registered under CIN U65910PB1991PLC011506.
Deep Finvest has 5 current directors and KMP:
- Gurdeep Singh Ahluwalia - Managing Director
- Amandeep Kaur Ahluwalia - Whole-Time Director
- Rajinder Singh Ahluwalia - Whole-Time Director
- Samir Kumar Singh - Additional Director
- Akash Singh - Ceo
The latest financial statements of Deep 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 Deep Finvest is 03AACCD4554B1ZA, registered in Punjab.
The CIN (Corporate Identification Number) of Deep Finvest is U65910PB1991PLC011506. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Deep Finvest has 92 court cases on record: 71 filed by the company and 21 filed against it. 12 are pending. Most are in the district courts.
Deep Finvest was incorporated on 21 July 1991, making it 35+ years old. It is registered with the Registrar of Companies, Chandigarh.
Samir Kumar Singh was appointed as Additional Director on 24 Aug 2024. Akash Singh was appointed as CEO on 09 Jun 2023. Amandeep Kaur Ahluwalia was appointed as Whole-Time Director on 01 Nov 2015. Deep Finvest has 10 board changes on record in total.
The registered office of Deep Finvest is at Near Lic Buildingferozepur Road Moga, Punjab, India – 142001.
Deep Finvest operates in the financial services industry, in the nbfc segment.