Associated Finance Co Ltd
About Associated Finance Co Ltd
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Associated Finance Co Ltd is a public limited company based in Kolkata, West Bengal, India. It operates in the real estate leasing and property management segment of the real estate sector. It was incorporated on 14 May 1954 and has been in existence for over 72 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U17299WB1954PLC021646. Its GSTIN is 19AACCA1984C1ZU (West Bengal).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹9.75 Lakh. It is led by directors including Sulekha Kumari Kankaria and Gaurav Kankaria.
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 9A Esplanade East 2nd Floor, Kolkata, West Bengal, India – 700069.
As per the financials filed for FY 2025, the company reported a revenue of ₹39.93 Lakh, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹12.91 Lakh (net margin 32.3%) and EBITDA of ₹18.58 Lakh (EBITDA margin 46.5%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 5% over five years.
As per MCA filings, the company has satisfied charges of ₹95 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Associated Finance Co Ltd's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address9A Esplanade East 2nd Floor, Kolkata, West Bengal, India – 700069
- IndustryReal Estate, Real Estate Leasing
To see the full contact details of Associated Finance Co 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 Associated Finance Co is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Associated Finance Co Ltd, buy the company report.
Financials of Associated Finance Co Ltd
FY 2025 filings availableAssociated Finance Co Ltd reported revenue of ₹39.93 Lakh (down 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA rose 26% 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 | ₹18.58 Lakh | ||||
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| Net Profit (PAT) | ₹12.91 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 46.5% | ||||
| Net Profit Margin | 32.3% | ||||
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To see the full financial statements and ratios of Associated Finance Co Ltd, buy the company report.
Board of directors of Associated Finance Co Ltd
Associated Finance Co has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sulekha Kumari Kankaria Also directs: Veer Multicomplex LLP, Godbalaji Commercial Pvt Ltd | Director | 20 Feb 2024 | 2 Years 8 Months | Current |
| Gaurav Kankaria Also directs: Orient Movietone Corpn Ltd | Director | 20 Feb 2008 | 18 Years 8 Months | Current |
| Sushil Kumar Daga | Director | 30 Dec 1996 | 29 Years 10 Months | Current |
Auditor
Associated Finance Co Ltd is audited by SETHIA & SETHIA for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SETHIA & SETHIA | FY 2017 | 313140E |
Shareholding
The shareholding of Associated Finance Co Ltd is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Associated Finance Co Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 May 2008 | 10109677 | Punjab & Sind Bank | ₹95 Lakh | Satisfied |
To see the full charge records of Associated Finance Co Ltd, buy the company report.
Total charge records: 1 View all charges
Legal cases
Associated Finance Co Ltd has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (ITP) | Filed against the company by an individual | Disposed |
To see the full case history of Associated Finance Co 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 Associated Finance Co Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Associated Finance Co has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCA1984C1ZU | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Associated Finance Co Ltd, buy the company report.
Recent activity
Associated Finance Co Ltd has 5 board changes on record since 1996: 3 appointments and 2 cessations. The latest: Sulekha Kumari Kankaria ceased to be Additional Director on 29 Sep 2025.
Frequently asked questions
Associated Finance Co is an active public limited company based in Kolkata, West Bengal, India. The company works in real estate leasing, within the real estate industry. It was incorporated on 14 May 1954 (72+ years old) and is registered under CIN U17299WB1954PLC021646.
Associated Finance Co has 3 current directors:
- Sulekha Kumari Kankaria - Director
- Gaurav Kankaria - Director
- Sushil Kumar Daga - Director
The latest financial statements of Associated Finance Co 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 GSTIN of Associated Finance Co is 19AACCA1984C1ZU, registered in West Bengal.
The CIN (Corporate Identification Number) of Associated Finance Co is U17299WB1954PLC021646. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Associated Finance Co has 1 court case on record: 1 filed against it.
Associated Finance Co was incorporated on 14 May 1954, making it 72+ years old. It is registered with the Registrar of Companies, Kolkata.
Sulekha Kumari Kankaria ceased to be Additional Director on 29 Sep 2025. Aditya Kumar Kankaria ceased to be Director on 20 Feb 2024. Sulekha Kumari Kankaria was appointed as Director on 20 Feb 2024. Associated Finance Co has 5 board changes on record in total.
The registered office of Associated Finance Co is at 9A Esplanade East 2nd Floor, Kolkata, West Bengal, India – 700069.
Associated Finance Co operates in the real estate industry, in the real estate leasing segment.
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