Fareast Leasing Pvt. Ltd.
About Fareast Leasing Pvt. Ltd.
Data last updated:
Fareast Leasing Pvt. Ltd. is a private limited company based in Howrah, West Bengal, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 23 March 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U65993WB1994PTC062543.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.87 Lakh. It is led by directors Sourav Ranjan Sahoo and Dablu Thakur.
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 P/137 Benaras Road Subhadra Complex Belgachia, Howrah, West Bengal, India – 711108.
As per the financials filed for FY 2024, the company reported a revenue of ₹11,200, a decline of 68% compared to the previous year. For the same year it recorded a net profit of ₹962 (net margin 8.6%) and EBITDA of ₹1,300 (EBITDA margin 11.6%). Revenue has declined at a compounded annual rate (CAGR) of 34% over three years and 45% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Fareast Leasing Pvt. Ltd.'s registered office is in Howrah, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressP/137 Benaras Road Subhadra Complex Belgachia, Howrah, West Bengal, India – 711108
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Fareast Leasing Pvt. Ltd., 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 Fareast Leasing is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Fareast Leasing Pvt. Ltd., buy the company report.
Financials of Fareast Leasing Pvt. Ltd.
FY 2024 filings availableFareast Leasing Pvt. Ltd. reported revenue of ₹11,200 (down 68% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 45% over five years, including a 68% fall in the latest year. EBITDA fell 12% 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 |
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| EBITDA | ₹1,300 | ||||
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| Net Profit (PAT) | ₹962 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 11.6% | ||||
| Net Profit Margin | 8.6% | ||||
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To see the full financial statements and ratios of Fareast Leasing Pvt. Ltd., buy the company report.
Board of directors of Fareast Leasing Pvt. Ltd.
Fareast Leasing has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sourav Ranjan Sahoo Also directs: Titanic Infraprojects Private Limited, Gannayak Mercantile Private Limited, Glitter Sales Private Limited and 5 more | Director | 31 Jan 2024 | 2 Years 9 Months | Current |
| Dablu Thakur Also directs: Titanic Infraprojects Private Limited, Gannayak Mercantile Private Limited, Glitter Sales Private Limited and 5 more | Director | 31 Jan 2024 | 2 Years 9 Months | Current |
Auditor
Fareast Leasing Pvt. Ltd. is audited by R. Bhattacharyya & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. Bhattacharyya & Associates | FY 2022 | 333037E |
Shareholding
The shareholding of Fareast Leasing Pvt. Ltd. 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 Fareast Leasing Pvt. Ltd., buy the company report.
Legal cases
No court or tribunal cases involving Fareast Leasing Pvt. Ltd. are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Fareast Leasing Pvt. Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Fareast Leasing Pvt. Ltd.; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Fareast Leasing Pvt. Ltd. has 12 board changes on record since 2010: 2 appointments and 10 cessations. The latest: Dinesh Lohia ceased to be Director on 04 Mar 2024.
3 earlier events are in the company report.
Frequently asked questions
Fareast Leasing is an active private limited company based in Howrah, West Bengal, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 23 March 1994 (32+ years old) and is registered under CIN U65993WB1994PTC062543.
Fareast Leasing has 2 current directors:
- Sourav Ranjan Sahoo - Director
- Dablu Thakur - Director
The latest financial statements of Fareast Leasing 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 CIN (Corporate Identification Number) of Fareast Leasing is U65993WB1994PTC062543. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fareast Leasing was incorporated on 23 March 1994, making it 32+ years old. It is registered with the Registrar of Companies, Kolkata.
Dinesh Lohia ceased to be Director on 04 Mar 2024. Urmila Lohia ceased to be Director on 04 Mar 2024. Dablu Thakur was appointed as Director on 31 Jan 2024. Fareast Leasing has 12 board changes on record in total.
The registered office of Fareast Leasing is at P137 Benaras Road Subhadra Complex Belgachia, Howrah, West Bengal, India – 711108.
Fareast Leasing operates in the financial services industry, in the diversified financial services segment.
The compliance status of Fareast Leasing is compliant as of 27 August 2026. The company is actively filing with the Registrar of Companies.
Fareast Leasing can be reached at its registered office: P137 Benaras Road Subhadra Complex Belgachia, Howrah, West Bengal, India – 711108.
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