Target Fin-Lease Limited - financial services in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U74899DL1994PLC061797 Incorporated 27 September 1994 ROC Delhi HQ New Delhi, Delhi, India
Active Public Limited Company financial services
Data last updated
Revenue · FY 2022
₹420
▼ 100% YoY
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹2.21 Cr
Issued & subscribed
Company age
32 yrs
Est. 1994
Directors on board
5
As per MCA filings
GST registrations
1
None active
Last financials
Mar 2025
Balance sheet date
Last AGM
30 Sep 2025
Annual general meeting

About Target Fin-Lease Limited

Data last updated:

Target Fin-Lease 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 27 September 1994 and has been in existence for over 32 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1994PLC061797. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.21 Cr. It is led by directors including Simranjeet Singh and Ramdular Paswan.

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 Rzf – 9/9A St No.21C, Sadh Nagar – 2 Palam Colony, New Delhi, Delhi, India – 110045.

Court records list 20 cases involving the company, including 19 filed by the company and 1 filed against it; 3 cases are pending.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U74899DL1994PLC061797
Registration Number 061797
Incorporation Date 27 September 1994
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

Target Fin-Lease Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Rzf – 9/9A St No.21C, Sadh Nagar – 2 Palam Colony, New Delhi, Delhi, India – 110045
  • Industry
    Financial Services, Diversified Financial Services, Real Estate Financing

To see the full contact details of Target Fin-Lease Limited, buy the company report.

Comprehensive company report
Target Fin-Lease Limited - one report that includes everything
  • 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
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Financials of Target Fin-Lease Limited

FY 2025 filings available

Target Fin-Lease Limited reported revenue of ₹420 (down 100% YoY) for FY 2022.

Revenue · FY 2022
₹420 ▼ 100%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▼ 95%
5 years · compounded
▼ 84%

Revenue has declined at a compounded annual rate (CAGR) of 84% over five years. 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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹420
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA
Profit Before Tax
Tax Expense
Net Profit (PAT)
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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin
Net Profit Margin
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 Target Fin-Lease Limited, buy the company report.

Board of directors of Target Fin-Lease Limited

Target Fin-Lease has 5 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Simranjeet SinghDirector01 Oct 20242 Years 0 MonthsCurrent
Ramdular PaswanDirector18 Mar 20224 Years 7 MonthsCurrent
Brij Mohan GandhiDirector26 Jul 20215 Years 3 MonthsCurrent
Sudarshna AroraDirector16 Jan 200620 Years 9 MonthsCurrent
Pankaj SainiDirector01 Oct 20242 Years 0 MonthsCurrent

Auditor

Target Fin-Lease Limited is audited by MAHAJAN RAJEEV & CO for the financial year 2020.

Auditor firmFinancial yearFirm registration number
MAHAJAN RAJEEV & COFY 2020011832N

Shareholding

The shareholding of Target Fin-Lease Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2020FY 2019FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Target Fin-Lease Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Target Fin-Lease Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Target Fin-Lease has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Target Fin-Lease Limited, buy the company report.

Recent activity

Target Fin-Lease Limited has 16 board changes on record since 2006: 5 appointments and 11 cessations. The latest: Pankaj Saini ceased to be Additional Director on 29 Sep 2025.

AGM
Target Fin-Lease Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Pankaj Saini ceased to be Additional Director.
Ceased
Simranjeet Singh ceased to be Additional Director.
Filing
Target Fin-Lease Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Appointed
Pankaj Saini was appointed as Director.
Appointed
Simranjeet Singh was appointed as Director.
Ceased
Ramdular Paswan ceased to be Additional Director.
Appointed
Ramdular Paswan was appointed as Director.
Ceased
Brij Mohan Gandhi ceased to be Additional Director.
Appointed
Brij Mohan Gandhi was appointed as Director.
Ceased
Jeevan Gulati ceased to be Additional Director.
Ceased
Komal Gulati ceased to be Additional Director.

7 earlier events are in the company report.

Frequently asked questions

Target Fin-Lease 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 27 September 1994 (32+ years old) and is registered under CIN U74899DL1994PLC061797.

Target Fin-Lease has 5 current directors:

The latest financial statements of Target Fin-Lease 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.

No. Target Fin-Lease has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Target Fin-Lease is U74899DL1994PLC061797. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Target Fin-Lease has 20 court cases on record: 19 filed by the company and 1 filed against it. 3 are pending. Most are in the district courts.

Target Fin-Lease was incorporated on 27 September 1994, making it 32+ years old. It is registered with the Registrar of Companies, Delhi.

Pankaj Saini ceased to be Additional Director on 29 Sep 2025. Simranjeet Singh ceased to be Additional Director on 29 Sep 2025. Pankaj Saini was appointed as Director on 01 Oct 2024. Target Fin-Lease has 16 board changes on record in total.

The registered office of Target Fin-Lease is at Rzf – 99A St No.21C, Sadh Nagar – 2 Palam Colony, New Delhi, Delhi, India – 110045.

Target Fin-Lease operates in the financial services industry, in the diversified financial services segment.