About Gang-Jong Development Finance Private Limited
Data last updated:
Gang-Jong Development Finance Private Limited is a private limited company based in Dharamshala, Himachal Pradesh, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 27 November 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Himachal Pradesh, under CIN U65999HP2017PTC006793. Its GSTIN is 02AAHCG0888L1ZE (Himachal Pradesh).
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹7.52 Cr. It is led by directors Tsering Dhondup and Penpa Tsering.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Main Office Central Tibet Relief Committee Gangchen Kyishong, Dharamshala, Himachal Pradesh, India – 176215.
As per the financials filed for FY 2025, the company reported a revenue of ₹65.27 Lakh, a growth of 60% compared to the previous year. For the same year it recorded a net profit of ₹37.71 Lakh (net margin 57.8%) and EBITDA of ₹47.01 Lakh (EBITDA margin 72%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 29% over five years.
The company has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹4.63 Cr; the latest was in February 2020. Its 4 peer companies in the BFSI industry (Asset Financing Companies, Finance, NBFC Investment and Credit Companies), with the same principal business activity (other financial activities) are compared by revenue, 2 larger and 2 smaller; the largest is Shree Shyam Management and Investment Pvt.Ltd. with revenue of ₹65.36 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tibfin.com.
Company details
Contact details
Gang-Jong Development Finance Private Limited's registered office is in Dharamshala, Himachal Pradesh. Its website is tibfin.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressMain Office Central Tibet Relief Committee Gangchen Kyishong, Dharamshala, Himachal Pradesh, India – 176215
- IndustryFinancial Services, NBFC, Investment & Credit NBFC, Asset Financing Companies
To see the full contact details of Gang-Jong Development Finance 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
Business activity
The main business activity of Gang-Jong Development Finance is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Gang-Jong Development Finance Private Limited, buy the company report.
Financials of Gang-Jong Development Finance Private Limited
FY 2025 filings availableGang-Jong Development Finance Private Limited reported revenue of ₹65.27 Lakh (up 60% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 29% over five years, including 60% growth in the latest year. EBITDA rose 259% 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 |
|---|---|---|---|---|---|
| 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 | ₹47.01 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹37.71 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 72% | ||||
| Net Profit Margin | 57.8% | ||||
| 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 Gang-Jong Development Finance Private Limited, buy the company report.
Board of directors of Gang-Jong Development Finance Private Limited
Gang-Jong Development Finance has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Penpa Tsering | Additional Director | 26 Jun 2023 | 3 Years 4 Months | Current |
| Tsering Dhondup | Director | 28 Jun 2024 | 2 Years 4 Months | Current |
Peer comparison
Gang-Jong Development Finance Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Asset Financing Companies, Finance, NBFC Investment and Credit Companies), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shree Shyam Management and Investment Pvt.Ltd. | ₹65.36 Lakh (FY 2025) | -31.0% | Kolkata, West Bengal, India | |||
| Dart Suppliers Pvt Ltd | ₹65.3 Lakh (FY 2025) | -47.0% | Kolkata, West Bengal, India | |||
| Gang-Jong Development Finance Private Limitedthis company | ₹65.27 Lakh (FY 2025) | ₹37.71 Lakh | 57.8% | 60.0% | Dharamshala, Himachal Pradesh, India | |
| Darshan Barter Pvt Ltd | ₹65.23 Lakh (FY 2024) | 112.0% | Kolkata, West Bengal, India | |||
| Iritty Chits Finance and Investments Private Limited | ₹65.16 Lakh (FY 2025) | 144.0% | Kannur, Kerala, India |
To see the full peer comparison of Gang-Jong Development Finance Private Limited, buy the company report.
Auditor
Gang-Jong Development Finance Private Limited is audited by V.NAGARAJAN & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.NAGARAJAN & CO. | FY 2022 | 04879N |
Shareholding
The shareholding of Gang-Jong Development Finance Private 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 Gang-Jong Development Finance Private Limited, buy the company report.
Deals & funding
Gang-Jong Development Finance Private Limited has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹4.63 Cr; the latest was in February 2020.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2020 | Rights issue | ₹2.88 Cr | Investors: 4 individuals |
| Dec 2019 | Funding round · Series B | ₹2.13 Cr | Investors: 4 individuals |
| Jul 2018 | Funding round · Series A | ₹2.5 Cr | Investors: Tibet Religious Foundation of H.H. The Dalai Lama, Tibet House Trust, an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Gang-Jong Development Finance Private Limited 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 Gang-Jong Development Finance Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gang-Jong Development Finance has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02AAHCG0888L1ZE | Himachal Pradesh | Active | 28 Jun 2019 |
To see the full GST registrations and return filing status of Gang-Jong Development Finance Private Limited, buy the company report.
Recent activity
Gang-Jong Development Finance Private Limited has 10 board changes on record since 2020: 3 appointments and 7 cessations. The latest: Namgyal Gendun ceased to be Additional Director on 04 Mar 2025.
1 earlier event is in the company report.
Frequently asked questions
Gang-Jong Development Finance is an active private limited company based in Dharamshala, Himachal Pradesh, India. The company works in nbfc, within the financial services industry. It was incorporated on 27 November 2017 (9+ years old) and is registered under CIN U65999HP2017PTC006793.
Gang-Jong Development Finance has 2 current directors:
- Penpa Tsering - Additional Director
- Tsering Dhondup - Director
The latest financial statements of Gang-Jong Development Finance on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Gang-Jong Development Finance is 02AAHCG0888L1ZE, registered in Himachal Pradesh.
The CIN (Corporate Identification Number) of Gang-Jong Development Finance is U65999HP2017PTC006793. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gang-Jong Development Finance was incorporated on 27 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Himachal Pradesh.
Gang-Jong Development Finance has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹4.63 Cr; the latest was in February 2020.
The peers of Gang-Jong Development Finance by revenue are Shree Shyam Management and Investment Pvt.Ltd, Dart Suppliers Pvt Ltd, Darshan Barter Pvt Ltd, Iritty Chits Finance and Investments Private Limited, all in the BFSI industry (Asset Financing Companies, Finance, NBFC Investment and Credit Companies), with the same principal business activity (other financial activities).
Namgyal Gendun ceased to be Additional Director on 04 Mar 2025. Tsering Dhondup ceased to be Additional Director on 22 Sep 2024. Alok Prasad ceased to be Director on 10 Aug 2024. Gang-Jong Development Finance has 10 board changes on record in total.
Gang-Jong Development Finance can be reached through the website tibfin.com. Its registered office is in Dharamshala, Himachal Pradesh, India.
The registered office of Gang-Jong Development Finance is at Main Office Central Tibet Relief Committee Gangchen Kyishong, Dharamshala, Himachal Pradesh, India – 176215.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
