About Surjit Hire Purchase
Surjit Hire Purchase is a Financial Services company based in Lucknow (India) founded in 2000. It offers unsecured business loans, vehicle loans, and micro LAP for small enterprises. It operates on a B2B and D2C model in Financial Services and Transportation, Automotive & Logistics sectors. The company has 204 employees. Its Indian entity Surjit Hire Purchase Private Limited reported revenue of ₹28.38 Cr. Surjit Hire Purchase offers products and services including Unsecured Business Loan, Commercial Vehicle Loan, and Micro LAP. Its focus areas include FinTech, Lending, Small Business Lending and Unsecured Loans. Similar companies include Manappuram Finance, L & T Finance Holdings and IIFL Finance; 1 of its 3 listed similar companies has raised funding.
Company details
Surjit Finance is a technology-driven lending organization that specializes in providing unsecured business loans, commercial vehicle loans, and loans against property. It uses a unique credit evaluation method combining technology and human expertise for quick decisions. The company serves small shopkeepers, traders, and distributors, focusing on underserved segments. Based in Lucknow, Uttar Pradesh, it operates branches across India to support business growth and sustainable mobility.
- Headquarters Lucknow, India
- Employees 204
- SectorsFinancial ServicesTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website surjithirepurchase.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Surjit Hire Purchase Private Limited
- Date of Incorporation 12 Apr, 1993
- Jurisdiction Lucknow, Uttar Pradesh, India
- Annual Revenue₹28.38 Cr
FY 2024 · +21% YoY
- Net Profit₹2.81 Cr
FY 2024
- EBITDA₹7.05 Cr
FY 2024 · 25% margin
- Employee Count204
Associated legal entities of Surjit Hire Purchase
Surjit Hire Purchase operates through Surjit Hire Purchase Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Surjit Hire Purchase Private Limited CIN U65921UP1993PTC122979 | Active | 12 Apr 1993 | Lucknow, Uttar Pradesh | ₹28.4 Cr | 204 | 8 | View details |
Products & Services of Surjit Hire Purchase
Surjit Hire Purchase offers a comprehensive portfolio of products and services, including Unsecured Business Loan, Commercial Vehicle Loan, and Micro LAP.
Provides funds for business growth without requiring collateral.
Offers financing for eco-friendly commercial vehicle purchases.
Enables loans against property for individuals and small businesses.
Apps and channels of Surjit Hire Purchase
its YouTube channel Surjit Finance has 287 subscribers and 14 videos.
Videos from Surjit Hire Purchase
The most watched videos on Surjit Hire Purchase's YouTube channel, Surjit Finance (287 subscribers). Click a video to play it here.
More on Surjit Finance.
Board of directors of Surjit Hire Purchase Private Limited (Surjit Hire Purchase)
Surjit Hire Purchase Private Limited is the primary company behind Surjit Hire Purchase. The board of Surjit Hire Purchase Private Limited currently have 6 directors; the longest-serving is Jai Shankar Singh, appointed in 2016. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jai Shankar Singh DIN 02469668 | Director | 08 Dec 2016 | 9 yrs 10 mo | Surjit Hire Purchase Private Limited |
| Shesh Dhar Singh DIN 02469618 | Director | 11 Apr 2018 | 8 yrs 6 mo | Surjit Hire Purchase Private Limited |
| Shyam Dhar Singh DIN 02469647 | Director | 11 Apr 2018 | 8 yrs 6 mo | Surjit Hire Purchase Private Limited |
| Alok Kumar Singh DIN 07828024 | Director | 11 Apr 2018 | 8 yrs 6 mo | Surjit Hire Purchase Private Limited |
| Adarsh Kumar Singh DIN 08725207 | Director | 16 Mar 2020 | 6 yrs 7 mo | Surjit Hire Purchase Private Limited |
| Varun Kumar Yadav DIN 11026842 | Director | 11 Mar 2025 | 1 yr 7 mo | Surjit Hire Purchase Private Limited |
People of Surjit Hire Purchase
1 people are tracked at Surjit Hire Purchase (1 in leadership); the tracked headcount is 204.
| Name | Role | Group |
|---|---|---|
| Chief Executive Officer | Leadership |
Complete people profiles for Surjit Hire Purchase
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Financials of Surjit Hire Purchase
Figures of Surjit Hire Purchase Private Limited, the primary company behind Surjit Hire Purchase, for FY 2024. Revenue was ₹28.38 Cr (+21% year on year). Net profit was ₹2.81 Cr. EBITDA was ₹7.05 Cr (25% margin). Revenue has grown at a compounded annual rate of +38% over three years and +51% over five years.
- ₹28.38 CrRevenue · FY 2024 · +21% YoY
- ₹2.81 CrNet profit
- ₹7.05 CrEBITDA · 25% margin
- ₹10.90 CrPaid-up capital
- 204Employees (provident fund records)
- +38%Revenue CAGR, 3 years
- +51%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Surjit Hire Purchase Private Limited are on its company page.
Detailed financial statements for Surjit Hire Purchase
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
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Similar companies to Surjit Hire Purchase
Surjit Hire Purchase has 3 listed similar companies in our database, 1 of them funded. They include Manappuram Finance, L & T Finance Holdings and IIFL Finance.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| manappuram.com | 1992 | Valapad, India | $39.98M | 32,076 | Consumer and SME loans are provided by Manappuram Finance. | |
| ltfs.com | 1994 | Mumbai, India | 39,216 | Diversified lending services are provided as a non-banking financial institution. | ||
| iifl.com | 1995 | Mumbai, India | 16,076 | Online gold, home, personal, and business loans are provided. |
Detailed similar companies of Surjit Hire Purchase
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Verified entity values are shown only after access is granted.
Top companies in Consumer and SME Loans
3 companies that operate in the same segment as Surjit Hire Purchase (Consumer and SME Loans) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Consumer and SME loans are provided by Manappuram Finance. | 1992 | Valapad, Kerala, India | USD 39.98 M | USD 1.01 B | 51,650 | |
Affordable home loans are extended to low and middle-income groups. | 2010 | Mumbai, Maharashtra, India | USD 209.7 M | USD 203.79 M | 1,630 | |
Diversified lending services are provided as a non-banking financial institution. | 1994 | Mumbai, Maharashtra, India | USD 1.9 B | 36,520 |
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Frequently Asked Questions about Surjit Hire Purchase
Surjit Hire Purchase was founded in 2000.
Surjit Hire Purchase is headquartered in Lucknow, India. It is registered at Lucknow, Uttar Pradesh, India.
Surjit Hire Purchase has 204 employees.
The primary company behind Surjit Hire Purchase, Surjit Hire Purchase Private Limited, reported revenue of ₹28.38 Cr for FY 2024, up 21% year on year.
Surjit Finance is a technology-driven lending organization that specializes in providing unsecured business loans, commercial vehicle loans, and loans against property. It uses a unique credit evaluation method combining technology and human expertise for quick decisions. The company serves small shopkeepers, traders, and distributors, focusing on underserved segments. Based in Lucknow, Uttar Pradesh, it operates branches across India to support business growth and sustainable mobility.
Surjit Hire Purchase's top competitors include Manappuram Finance, L & T Finance Holdings and IIFL Finance.
Surjit Hire Purchase offers Unsecured Business Loan, Commercial Vehicle Loan, and Micro LAP.
Surjit Hire Purchase operates through Surjit Hire Purchase Private Limited.
The legal entities of Surjit Hire Purchase currently have 8 directors, including Shesh Dhar Singh, Shyam Dhar Singh, Jai Shankar Singh and others.