Assets Finance Private Limited
About Assets Finance Private Limited
Data last updated:
Assets Finance Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 24 May 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65191TN1993PTC025114. Its GSTIN is 33AAACA6211E1ZG (Tamil Nadu).
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹5.81 Cr. It was formerly known as Kanaka Holdings Private Limited. It is led by directors including Vijay Singh Pincha (Managing Director) and Priyank Pincha (Whole-Time Director).
Its last annual general meeting (AGM) was held on 21 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 9.Trivelayan Basin Street Sowcarpet Chennai 79. Sowcarpet Chennai 79., Tamil Nadu, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.84 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹3.67 Lakh (net margin 2%) and EBITDA of ₹41.31 Lakh (EBITDA margin 22.4%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 9% over five years.
As per MCA filings, the company has open charges of ₹4.5 Cr and satisfied charges of ₹2 Cr on record. Court records list 30 cases involving the company, including 29 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Assets Finance Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address9.Trivelayan Basin Street Sowcarpet Chennai 79. Sowcarpet Chennai 79., Tamil Nadu, India
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Assets 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 Assets 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 Assets Finance Private Limited, buy the company report.
Financials of Assets Finance Private Limited
FY 2025 filings availableAssets Finance Private Limited reported revenue of ₹1.84 Cr (up 34% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 34% growth in the latest year. EBITDA fell 21% 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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| Total Expenses | |||||
| EBITDA | ₹41.31 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.67 Lakh | ||||
| Balance Sheet | |||||
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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 | 22.4% | ||||
| Net Profit Margin | 2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Assets Finance Private Limited, buy the company report.
Board of directors of Assets Finance Private Limited
Assets Finance has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Priyank Pincha Also directs: Lifestyle Housing and Infrastructure LLP, Lifestyle Housing Private Limited, Lifestyle Developers Private Limited and 4 more | Whole-Time Director | 16 Sep 2004 | 22 Years 1 Months | Current |
| Manju Pincha Also directs: Lifestyle Housing and Infrastructure LLP | Whole-Time Director | 24 May 1993 | 33 Years 5 Months | Current |
| Vijay Singh Pincha | Managing Director | 24 May 1993 | 33 Years 5 Months | Current |
| Aarthi Pincha Also directs: Lifestyle Housing and Infrastructure LLP | Whole-Time Director | 30 Sep 2015 | 11 Years 1 Months | Current |
Peer comparison
Assets Finance Private Limited is compared with the 6 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 (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ascent Leasing & Finance Company Limited | ₹1.84 Cr (FY 2025) | -52.0% | Indore, Madhya Pradesh, India | |||
| Sanmukh Leasing Finance(India)Limited | ₹1.84 Cr (FY 2021) | 21.0% | Uttar Pradesh, India | |||
| Lavesh Finance . Ltd | ₹1.84 Cr (FY 2025) | -6.0% | Borivlai East, Maharashtra, India | |||
| Mayur Barter Pvt Ltd | ₹1.84 Cr (FY 2019) | 64.0% | Kolkata, West Bengal, India | |||
| Assets Finance Private Limitedthis company | ₹1.84 Cr (FY 2025) | ₹3.67 Lakh | 2% | 34.0% | Chennai, Tamil Nadu, India | |
| Digvijay Vinimay Private Limited | ₹1.84 Cr (FY 2025) | 92.0% | Kolkata, West Bengal, India | |||
| Fulford Sales Pvt Ltd | ₹1.84 Cr (FY 2023) | 325.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Assets Finance Private Limited, buy the company report.
Auditor
Assets Finance Private Limited is audited by S.C. BICHHAWAT & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.C. BICHHAWAT & CO | FY 2023 | 000483S |
Shareholding
The shareholding of Assets Finance Private Limited 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 Assets Finance Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Dec 2014 | 10539616 | Others | ₹4.5 Cr | Open | |
| 06 Jan 2007 | 10031422 | Indian Bank | ₹2 Cr | Satisfied |
To see the full charge records of Assets Finance Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Assets Finance Private Limited has 30 court cases on record: 29 filed by Assets Finance, 1 filed against it. 1 case is pending and 29 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 28 | 0 | 1 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 30)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Criminal complaint | Filed by the company against M/S.Vil International Pvt Ltd Rep by Director Kolluru Venkata Satya Rao@ K.V. Satya Rao And2 Other | Disposed |
| High Court, TAMIL NADU | Appeal | Filed by the company against M/S. Lic Housing Finance Ltd. and 1 other | Disposed |
| District court, Chennai, Tamil Nadu | Criminal complaint | Filed by the company against individuals | Pending |
| District court, Chennai, Tamil Nadu | Criminal miscellaneous application | Filed by the company | Disposed |
| District court, Chennai, Tamil Nadu | Criminal miscellaneous application | Filed by the company | Disposed |
To see the full case history of Assets 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 Assets Finance Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Assets Finance has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACA6211E1ZG | Tamil Nadu | Active | 11 Feb 2025 |
To see the full GST registrations and return filing status of Assets Finance Private Limited, buy the company report.
Recent activity
Assets Finance Private Limited has 8 board changes on record since 1993: 4 appointments and 4 cessations. The latest: Manju Pincha ceased to be Whole-Time Director on 02 Sep 2019.
4 earlier events are in the company report.
Frequently asked questions
Assets Finance is an active private limited company based in Chennai, Tamil Nadu, India. The company works in nbfc, within the financial services industry. It was incorporated on 24 May 1993 (33+ years old) and is registered under CIN U65191TN1993PTC025114.
Assets Finance has 4 current directors:
- Vijay Singh Pincha - Managing Director
- Priyank Pincha - Whole-Time Director
- Manju Pincha - Whole-Time Director
- Aarthi Pincha - Whole-Time Director
The latest financial statements of Assets Finance on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 21 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Assets Finance is 33AAACA6211E1ZG, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Assets Finance is U65191TN1993PTC025114. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Assets Finance has 30 court cases on record: 29 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Assets Finance was incorporated on 24 May 1993, making it 33+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Assets Finance by revenue are Ascent Leasing & Finance Company Limited, Sanmukh Leasing Finance(India)Limited, Lavesh Finance . Ltd, Mayur Barter Pvt Ltd, Digvijay Vinimay Private Limited and 1 more, all in the BFSI industry (Finance, NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Manju Pincha ceased to be Whole-Time Director on 02 Sep 2019. Priyank Pincha ceased to be Whole-Time Director on 02 Sep 2019. Vijay Singh Pincha ceased to be Managing Director on 02 Sep 2019. Assets Finance has 8 board changes on record in total.
The registered office of Assets Finance is at 9.Trivelayan Basin Street Sowcarpet Chennai 79. Sowcarpet Chennai 79., Tamil Nadu, India.
Assets Finance operates in the financial services industry, in the nbfc segment.
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