About GRD Finance Private Limited
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GRD Finance Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 18 May 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB1994PTC063244.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹12.88 Cr. It was formerly known as Besto Tradecomm Pvt Ltd. It is led by directors Subodh Kumar Dhanuka and Pramod Kumar Dhanuka.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mangalam Building 24 Hemanta Basu Sarani Block – A Ground Floor Room No: G10, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2025, the company reported a revenue of ₹82.63 Lakh, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹9.06 Lakh (net margin 11%) and EBITDA of ₹17.26 Lakh (EBITDA margin 20.9%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 13% over five years.
Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indovisiongroup.in.
Company details
Contact details
GRD Finance Private Limited's registered office is in Kolkata, West Bengal. Its website is indovisiongroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressMangalam Building 24 Hemanta Basu Sarani Block – A Ground Floor Room No: G10, Kolkata, West Bengal, India – 700001
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of GRD 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 GRD Finance is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of GRD Finance Private Limited, buy the company report.
Financials of GRD Finance Private Limited
FY 2025 filings availableGRD Finance Private Limited reported revenue of ₹82.63 Lakh (down 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 13% over five years, including a 14% fall in the latest year. EBITDA rose 4% 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 | ₹17.26 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹9.06 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.9% | ||||
| Net Profit Margin | 11% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of GRD Finance Private Limited, buy the company report.
Board of directors of GRD Finance Private Limited
GRD Finance 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 |
|---|---|---|---|---|
| Subodh Kumar Dhanuka Also directs: Indovision Commodities Limited, Indovision Securities Limited | Director | 14 Jul 2004 | 22 Years 3 Months | Current |
| Pramod Kumar Dhanuka Also directs: Indovision Commodities Limited, Indovision Securities Limited, Puskar Tradeworks Private Limited and 3 more | Director | 27 Mar 2021 | 5 Years 7 Months | Current |
Peer comparison
GRD Finance Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Finance, NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (activities auxiliary to financial service and insurance activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| GRD Finance Private Limitedthis company | ₹82.63 Lakh (FY 2025) | ₹9.06 Lakh | 11% | -14.0% | Kolkata, West Bengal, India | |
| Kunal Resources Pvt Ltd | ₹82.61 Lakh (FY 2025) | -1.0% | Kolkata, West Bengal, India | |||
| Genesis Commercial Private Limited | ₹82.59 Lakh (FY 2025) | -5.0% | Mumbai, Maharashtra, India | |||
| PCS Finance Private Limited | ₹82.55 Lakh (FY 2025) | -6.0% | Mumbai, Maharashtra, India | |||
| Nitya Kalyanee Investment Limited | ₹82.55 Lakh (FY 2025) | 40.0% | Madurai, Tamil Nadu, India |
To see the full peer comparison of GRD Finance Private Limited, buy the company report.
Auditor
GRD Finance Private Limited is audited by C B SINHA & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C B SINHA & ASSOCIATES | FY 2022 | 332032E |
Shareholding
The shareholding of GRD 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 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of GRD Finance Private Limited, buy the company report.
Legal cases
GRD Finance Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Calcutta High Court | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of GRD Finance 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 GRD Finance Private Limited; 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 GRD Finance Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
GRD Finance Private Limited has 5 board changes on record since 2004: 2 appointments and 3 cessations. The latest: Pramod Kumar Dhanuka was appointed as Director on 27 Mar 2021.
Frequently asked questions
GRD Finance is an active private limited company based in Kolkata, West Bengal, India. The company works in nbfc, within the financial services industry. It was incorporated on 18 May 1994 (32+ years old) and is registered under CIN U51909WB1994PTC063244.
GRD Finance has 2 current directors:
- Subodh Kumar Dhanuka - Director
- Pramod Kumar Dhanuka - Director
The latest financial statements of GRD Finance on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of GRD Finance is U51909WB1994PTC063244. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
GRD Finance has 1 court case on record: 1 filed against it. 1 is pending.
GRD Finance was incorporated on 18 May 1994, making it 32+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of GRD Finance by revenue are Kunal Resources Pvt Ltd, Genesis Commercial Private Limited, PCS Finance Private Limited, Nitya Kalyanee Investment Limited, all in the BFSI industry (Finance, NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (activities auxiliary to financial service and insurance activities).
Pramod Kumar Dhanuka was appointed as Director on 27 Mar 2021. Rekha Devi Dhanuka ceased to be Director on 27 Mar 2021. Sanjay Kumar Dhanuka ceased to be Director on 26 Mar 2021. GRD Finance has 5 board changes on record in total.
GRD Finance can be reached through the website indovisiongroup.in. Its registered office is in Kolkata, West Bengal, India.
The registered office of GRD Finance is at Mangalam Building 24 Hemanta Basu Sarani Block – A Ground Floor Room No: G10, Kolkata, West Bengal, India – 700001.
GRD Finance operates in the financial services industry, in the nbfc segment.
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