Grover Leasing Limited
About Grover Leasing Limited
Data last updated:
Grover Leasing Limited is a public limited company based in New Delhi, Delhi, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 29 November 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U67120DL1983PLC017020.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹2.5 Cr. It is led by directors including Urvi Grover and Prachi Grover.
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 61 – 62 Transport Centre New Rohtak Road Near Punjabi Bagh, New Delhi, Delhi, India – 110035.
As per the financials filed for FY 2025, the company reported a revenue of ₹98,451, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹61,274 (net margin 62.2%) and EBITDA of ₹77,205 (EBITDA margin 78.4%). Revenue has grown at a compounded annual rate (CAGR) of 89% over three years and 6% over five years.
Court records list 15 cases involving the company, including 4 filed by the company and 11 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Grover Leasing has one previous CIN (Corporate Identification Number): L67120DL1983PLC017020. The current CIN is U67120DL1983PLC017020, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67120DL1983PLC017020 | Current |
| L67120DL1983PLC017020 | Previous |
Contact details
Grover Leasing Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered Address61 – 62 Transport Centre New Rohtak Road Near Punjabi Bagh, New Delhi, Delhi, India – 110035
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Grover Leasing 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 Grover Leasing Limited
FY 2025 filings availableGrover Leasing Limited reported revenue of ₹98,451 (up 600% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 600% growth 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 | ₹77,205 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹61,274 | ||||
| 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 | 78.4% | ||||
| Net Profit Margin | 62.2% | ||||
| 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 Grover Leasing Limited, buy the company report.
Board of directors of Grover Leasing Limited
Grover Leasing has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Urvi Grover Also directs: Nitisara Modular Homes LLP | Director | 12 Sep 2017 | 9 Years 1 Months | Current |
| Prachi Grover Also directs: Swati Growth Funds Limited, Mazdoor Extractions Private Limited, Grover International Limited and 3 more | Director | 27 Sep 2016 | 10 Years 1 Months | Current |
| Deepak Daing | Director | 08 Jul 2022 | 4 Years 3 Months | Current |
Peer comparison
Grover Leasing Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Other Financial Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bhagwati Infraproperties Private Limited | ₹98,736 (FY 2018) | 12.0% | Kolkata, West Bengal, India | |||
| Grasslands Vinimay Pvt Ltd | ₹98,700 (FY 2025) | -28.0% | Kolkata, West Bengal, India | |||
| Naveen Shares& Securities Pvt Ltd | ₹98,600 (FY 2023) | -34.0% | Secunderabad, Telangana, India | |||
| Scion Financial Services Private Limited | ₹98,590 (FY 2024) | -90.0% | Hyderabad, Telangana, India | |||
| Hiren Bharat Mehta Investment and Finance Pvt Ltd | ₹98,501 (FY 2021) | -28.0% | Mumbai, Maharashtra, India | |||
| Grover Leasing Limitedthis company | ₹98,451 (FY 2025) | ₹61,274 | 62.2% | 600.0% | New Delhi, Delhi, India | |
| Silicon Tradelink Private Limited | ₹98,327 (FY 2020) | -26.0% | Bishnupur, West Bengal, India | |||
| Snehsil Hirise Pvt Ltd | ₹98,276 (FY 2025) | 26.0% | Kolkata, West Bengal, India | |||
| Prime Refractories Pvt. Ltd. | ₹98,171 (FY 2025) | -89.0% | Kolkata, West Bengal, India | |||
| Glamour Suppliers Private Limited | ₹98,023 (FY 2025) | -29.0% | Kolkata, West Bengal, India | |||
| Piyush Investment and Finance Private Limited | ₹98,011 (FY 2025) | -57.0% | New Delhi, Delhi, India |
To see the full peer comparison of Grover Leasing Limited, buy the company report.
Auditor
Grover Leasing Limited is audited by PAVAN KESHAV & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PAVAN KESHAV & ASSOCIATES | FY 2020 | 006859N |
Shareholding
The shareholding of Grover Leasing Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Grover Leasing Limited, buy the company report.
Legal cases
Grover Leasing Limited has 15 court cases on record: 4 filed by Grover Leasing, 11 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 7 | 0 |
| Supreme Court | 3 | 3 | 0 |
| District courts | 2 | 1 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (2808-Mercantile Laws, Commercial Transactions Including Banking : Others) | Filed against the company by LML Ltd. | Disposed |
| High Court of Delhi | Court case (C.R.P.) | Filed against the company by LML Ltd. | Disposed |
| District court, West, Delhi | Civil suit | Filed by the company against Haryana Capacitors Ltd. | Disposed |
| High Court of Delhi | Court case (FAO(OS)) | Filed against the company by LML Ltd. | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
To see the full case history of Grover Leasing 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 Grover Leasing 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 Grover Leasing Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Grover Leasing Limited has 8 board changes on record since 2016: 3 appointments and 5 cessations. The latest: Deepak Daing was appointed as Director on 08 Jul 2022.
Frequently asked questions
Grover Leasing is an active public limited company based in New Delhi, Delhi, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 29 November 1983 (43+ years old) and is registered under CIN U67120DL1983PLC017020.
Grover Leasing has 3 current directors:
- Urvi Grover - Director
- Prachi Grover - Director
- Deepak Daing - Director
The latest financial statements of Grover Leasing 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 Grover Leasing is U67120DL1983PLC017020. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grover Leasing has 15 court cases on record: 4 filed by the company and 11 filed against it. Most are in the high courts.
Grover Leasing was incorporated on 29 November 1983, making it 43+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Grover Leasing by revenue are Bhagwati Infraproperties Private Limited, Grasslands Vinimay Pvt Ltd, Naveen Shares& Securities Pvt Ltd, Scion Financial Services Private Limited, Hiren Bharat Mehta Investment and Finance Pvt Ltd and 5 more, all in the BFSI industry (Other Financial Services).
Deepak Daing was appointed as Director on 08 Jul 2022. Pawan Kumar Jain ceased to be Director on 08 Jul 2022. Urvi Grover ceased to be Additional Director on 30 Sep 2018. Grover Leasing has 8 board changes on record in total.
The registered office of Grover Leasing is at 61 – 62 Transport Centre New Rohtak Road Near Punjabi Bagh, New Delhi, Delhi, India – 110035.
Grover Leasing operates in the financial services industry, in the diversified financial services segment.
The compliance status of Grover Leasing is compliant as of 07 September 2026. The company is actively filing with the Registrar of Companies.