About Deccan Finance Limited
Data last updated: 21 December 2025
Deccan Finance Limited is a public limited company based in Chennai, Tamil Nadu, India. It specialises in asset financing companies, a part of the broader financial services sector. Incorporated on 02 November 1978, the company has been in operation for over 48 years.
Registered with ROC Chennai under CIN U65910TN1978PLC007632.
Capital: an authorised share capital of ₹9 Cr and a paid-up capital of ₹5.58 Cr. Formerly known as Darda Investments Private Limited. It is led by directors including Sanjay Bhansali and Ramana Shetty Venkata Krishna.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: No.20 3Rd Floor Pycrofts Garden Road Nungambakkam, Chennai, Tamil Nadu, India – 600006.
As per the financials filed for FY 2024, the company reported a revenue of ₹21.15 Cr, a growth of 6% compared to the previous year.
The company has a workforce of approximately 216 employees as per the latest available data.
The company is associated with 2 brands - Ride Finance, Deccan Finance. As per MCA filings, the company has open charges of ₹65.26 Cr and satisfied charges of ₹41.34 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website myridefinance.com.
-
EmailLocked
-
TelephoneLocked
-
Website
-
Social Media
-
Registered AddressNo.20 3Rd Floor Pycrofts Garden Road Nungambakkam, Chennai, Tamil Nadu, India – 600006
-
IndustryFinancial Services, Asset Financing Companies, NBFC, Investment & Credit NBFC
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Deccan Finance Limited
Deccan Finance Limited has one previous CIN (Corporate Identification Number): L65910TN1978PLC007632. The current CIN is U65910TN1978PLC007632, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65910TN1978PLC007632 | Current |
| L65910TN1978PLC007632 | Previous |
Associated Brands with Deccan Finance Limited
Deccan Finance Limited operates two associated brands: Ride Finance and Deccan Finance. These brands represent Deccan Finance Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Offers financing for new motorcycles, used bikes, and electric vehicles. | myridefinance.com | |
| Offers comprehensive consumer finance services and solutions. | deccanfinance.in |
Competitors & Alternatives of Deccan Finance Limited
Brands and companies operating in the same space as Deccan Finance Limited include Hinduja Leyland Finance, CreditWise Capital, Bajaj Auto Finance and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Hinduja Leyland Finance
|
Vehicle and housing finance products are offered across India. | Chennai, India, India | 2008 |
CreditWise Capital
|
Provider of loans and vehicle-related services via digital platforms | Mumbai, India, India | 2018 |
Bajaj Auto Finance
|
Auto finance loans are provided for two-wheelers, three-wheelers, and cars. | Pune, India, India | 1987 |
OTO
|
Two-wheeler loans are provided via a fintech platform for purchases. | Bengaluru, India, India | 2018 |
Mahaveer Finance India
|
Automotive loans and asset finance services are offered to clients. | Chennai, India, India | 1981 |
Kogta Financial India
|
MSME loans, vehicle financing, and property-secured loans are provided. | Jaipur, India, India | 1996 |
Arman Financial Services
|
Auto loans are provided through financial services in India. | Ahmedabad, India, India | 1992 |
Bike Bazaar
|
Online platform for buying and selling two-wheelers | Pune, India, India | 2017 |
Mufin Green Finance
|
Consumer and SME loans are provided in India. | Delhi, India, India | 2016 |
Drivio
|
Two-wheeler loans are provided through an online consumer marketplace. | Gurugram, India, India | 2022 |
Business Activity of Deccan Finance Limited
Deccan Finance Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details for Deccan Finance Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Deccan Finance Limited
Deccan Finance Limited is audited by CHANDARANA & SANKLECHA for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CHANDARANA & SANKLECHA | Locked | Locked | Locked |
Complete auditor history for Deccan Finance Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Deccan Finance Limited
Deccan Finance Limited is currently managed by 6 directors, with 12 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Bhansali | Nodal Officer | 07 Aug 2025 | 0 Years 11 Months | Current |
| Ramana Shetty Venkata Krishna | Director | 09 Mar 1992 | 34 Years 4 Months | Current |
|
Abhay S Mehta
Also directs:
Deccan Finance Limited, Ahimsaa Research Limited
|
Director | 22 May 2019 | 7 Years 1 Months | Current |
|
Suresh
Also directs:
Deccan Finance Limited
|
Additional Director | 01 Jan 2026 | 0 Years 6 Months | Current |
| Kailashmull Dugar | Director | 01 Apr 2015 | 11 Years 3 Months | Current |
|
Dugar Hemant
Also directs:
Deccan Finance Limited, Prapus Systems Private Limited, Worthwell Ventures Llp and 1 more
|
Director | 21 Nov 2018 | 7 Years 7 Months | Current |
Financials of Deccan Finance Limited FY 2025 filings available
Deccan Finance Limited reported revenue of ₹21.15 Cr (up 6.00% YoY) for FY 2024.
Ten-year financial statements for Deccan Finance Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Deccan Finance Limited
Shareholding and ownership data for Deccan Finance Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Deccan Finance Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 May 2025 | Others | ₹6.59 Cr | Open |
| 20 Feb 2025 | Others | ₹3.5 Cr | Open |
| 05 Apr 2024 | Others | ₹4 Cr | Open |
| 10 Jun 2023 | Others | ₹5 Cr | Open |
| 22 Mar 2023 | Others | ₹3 Cr | Open |
Total charge records: 36 View all charges
Employees and EPFO Compliance at Deccan Finance Limited
Deccan Finance Limited has a workforce of 216 employees as of Apr 05, 2024.
Employee and EPFO history for Deccan Finance Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Deccan Finance Limited
GST registrations and filing compliance for Deccan Finance Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Deccan Finance Limited
Credit ratings, litigation, and regulatory alerts for Deccan Finance Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Deccan Finance Limited
MSME payment history for Deccan Finance Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Deccan Finance Limited
Corporate group structure for Deccan Finance Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Deccan Finance Limited
MCA filings and documents for Deccan Finance Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Deccan Finance Limited
Frequently Asked Questions about Deccan Finance Limited
Deccan Finance Limited is an active public limited company in the financial services sector based in Chennai, Tamil Nadu, India. It was incorporated on 02 November 1978 (48+ years old) and is registered under CIN U65910TN1978PLC007632. The company has 216 employees.
Deccan Finance Limited reported revenue of ₹21.15 Cr for FY 2024 (up 6.00% YoY).
The current directors of Deccan Finance Limited are:
- Sanjay Bhansali - Nodal Officer
- Ramana Shetty Venkata Krishna - Director
- Abhay S Mehta - Director
- Suresh - Additional Director
- Kailashmull Dugar - Director
- Dugar Hemant - Director
The primary industry of Deccan Finance Limited is financial services. The company specifically operates in asset financing companies. The company is currently active in this sector.
Deccan Finance Limited can be reached at the registered office: No.20 3Rd Floor Pycrofts Garden Road Nungambakkam, Chennai, Tamil Nadu, India – 600006, or through the website myridefinance.com.
The authorised capital is ₹9 Cr, and the paid-up capital is ₹5.58 Cr.