Gulzar Hire Purchase Pvt Ltd
About Gulzar Hire Purchase Pvt Ltd
Data last updated:
Gulzar Hire Purchase Pvt Ltd 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 22 December 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U65921WB1993PTC136270. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2.8 Cr and a paid-up capital of ₹2.78 Cr. It is led by directors Ayush Kejriwal and Piyush Kumar Saraogi.
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 Kolkata, West Bengal.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.02 Cr, a decline of 37% compared to the previous year. For the same year it recorded a net profit of ₹2.16 Cr (net margin 106.5%) and EBITDA of ₹1.79 Cr (EBITDA margin 88.3%). Revenue has declined at a compounded annual rate (CAGR) of 53% over three years and 11% over five years.
Court records list 8 cases involving the company, including 7 filed by the company and 1 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Gulzar Hire Purchase has one previous CIN (Corporate Identification Number): U65921PB1993PTC014046. The current CIN is U65921WB1993PTC136270, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65921WB1993PTC136270 | Current |
| U65921PB1993PTC014046 | Previous |
Contact details
Gulzar Hire Purchase Pvt Ltd's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShree Krishna Chamber 78 Bentinck Street Unit No. – 9D 4th Fl, Oor, Kolkata, West Bengal, India – 700001
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Gulzar Hire Purchase 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 Gulzar Hire Purchase 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 Gulzar Hire Purchase Pvt Ltd, buy the company report.
Financials of Gulzar Hire Purchase Pvt Ltd
FY 2024 filings availableGulzar Hire Purchase Pvt Ltd reported revenue of ₹2.02 Cr (down 37% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 37% fall in the latest year. EBITDA fell 39% 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 | ₹1.79 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.16 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 88.3% | ||||
| Net Profit Margin | 106.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Gulzar Hire Purchase Pvt Ltd, buy the company report.
Board of directors of Gulzar Hire Purchase Pvt Ltd
Gulzar Hire Purchase has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ayush Kejriwal Also directs: Apni Mitti Resources LLP, Jaggattarini Advisory Private Limited, Brijkishor Business Private Limited and 1 more | Director | 07 Nov 2020 | 5 Years 11 Months | Current |
| Piyush Kumar Saraogi Also directs: Katni Horticulture LLP, Victory Aggregates Private Limited, Victory Minerals Private Limited and 5 more | Director | 07 Nov 2020 | 5 Years 11 Months | Current |
Peer comparison
Gulzar Hire Purchase Pvt Ltd is compared with the 7 companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), 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 |
|---|---|---|---|---|---|---|
| Mecons Commotrade Pvt Ltd | ₹2.03 Cr (FY 2020) | 96.0% | Kolkata, West Bengal, India | |||
| Vandana Resources Pvt Ltd | ₹2.03 Cr (FY 2025) | 72.0% | Kolkata, West Bengal, India | |||
| Sekhri Finance & Investments Private Limited TFR. From Bombay to Delhi | ₹2.03 Cr (FY 2024) | 0.0% | New Delhi, Delhi, India | |||
| Pasa Credit and Investment Limited | ₹2.03 Cr (FY 2025) | -23.0% | New Delhi, Delhi, India | |||
| Gulzar Hire Purchase Pvt Ltdthis company | ₹2.02 Cr (FY 2024) | ₹2.16 Cr | 106.5% | -37.0% | Kolkata, West Bengal, India | |
| Gtlaxmi Finance Private Limited | ₹2.02 Cr (FY 2025) | 5.0% | Raipur, Chhattisgarh, India | |||
| Netafim Agricultural Financing Agency Private Limited | ₹2.02 Cr (FY 2025) | -85.0% | Mumbai, Maharashtra, India | |||
| Cherussery Credits Private Limited | ₹2.02 Cr (FY 2025) | -7.0% | Medchal Malkajgiri, Telangana, India |
To see the full peer comparison of Gulzar Hire Purchase Pvt Ltd, buy the company report.
Auditor
Gulzar Hire Purchase Pvt Ltd is audited by ABHISHEK BANSAL for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ABHISHEK BANSAL | FY 2023 | 528450 |
Shareholding
The shareholding of Gulzar Hire Purchase Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Gulzar Hire Purchase Pvt Ltd, buy the company report.
Legal cases
Gulzar Hire Purchase Pvt Ltd has 8 court cases on record: 7 filed by Gulzar Hire Purchase, 1 filed against it. 2 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 0 |
| District courts | 3 | 1 | 2 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South Twenty Four Parganas, West Bengal | Interim or miscellaneous application | Filed against the company | Pending |
| District court, Calcutta, West Bengal | Court case (CNS) | Filed by the company against M.B. Development Corporation and 2 others | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against M B Development Corporation and 2 Anr and 2 others | Disposed |
| High Court, MAHARASHTRA | Commercial suit | Filed by the company against M B Development Corporation and 2 Anr and 2 others | Disposed |
| High Court, West Bengal | Writ petition | Filed by the company against Union of India and Ors. | Disposed |
To see the full case history of Gulzar Hire Purchase Pvt Ltd, 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 Gulzar Hire Purchase Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gulzar Hire Purchase has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Gulzar Hire Purchase Pvt Ltd, buy the company report.
Recent activity
Gulzar Hire Purchase Pvt Ltd has 7 board changes on record since 2009: 2 appointments and 5 cessations. The latest: Raj Deo Roy ceased to be Director on 09 Nov 2020.
Frequently asked questions
Gulzar Hire Purchase 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 22 December 1993 (33+ years old) and is registered under CIN U65921WB1993PTC136270.
Gulzar Hire Purchase has 2 current directors:
- Ayush Kejriwal - Director
- Piyush Kumar Saraogi - Director
The latest financial statements of Gulzar Hire Purchase 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.
No. Gulzar Hire Purchase has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Gulzar Hire Purchase is U65921WB1993PTC136270. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gulzar Hire Purchase has 8 court cases on record: 7 filed by the company and 1 filed against it. 2 are pending. Most are in the high courts.
Gulzar Hire Purchase was incorporated on 22 December 1993, making it 33+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Gulzar Hire Purchase by revenue are Mecons Commotrade Pvt Ltd, Vandana Resources Pvt Ltd, Sekhri Finance & Investments Private Limited TFR. From Bombay to Delhi, Pasa Credit and Investment Limited, Gtlaxmi Finance Private Limited and 2 more, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Raj Deo Roy ceased to be Director on 09 Nov 2020. Tapas Singha ceased to be Director on 09 Nov 2020. Ayush Kejriwal was appointed as Director on 07 Nov 2020. Gulzar Hire Purchase has 7 board changes on record in total.
The registered office of Gulzar Hire Purchase is at Shree Krishna Chamber 78 Bentinck Street Unit No. – 9D 4th Fl, Oor, Kolkata, West Bengal, India – 700001.
Gulzar Hire Purchase operates in the financial services industry, in the nbfc segment.
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