Devmuni Leasing and Finance Limited
About Devmuni Leasing and Finance Limited
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Devmuni Leasing and Finance Limited is a public limited company based in New Delhi, Delhi, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 27 March 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1995PLC066810. Its GSTIN is 07AAACD0941Q1ZI (Delhi).
The company has an authorised share capital of ₹53 Lakh and a paid-up capital of ₹52.45 Lakh. It was formerly known as Devmuni Leasing and Finance Private Limited. It is led by directors including Rajesh Raja and Kuldeep.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 3rd Floor Plot No. 68, Okhla Industrial Area Phase – 3, New Delhi, Delhi, India – 110020.
As per the financials filed for FY 2024, the company reported a revenue of ₹32.88 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹62.21 Lakh (net margin 1.9%) and EBITDA of ₹2.16 Cr (EBITDA margin 6.6%). Revenue has grown at a compounded annual rate (CAGR) of 883% over three years and 309% over five years.
The company is associated with 1 brand: Bharat Loan. As per MCA filings, the company has satisfied charges of ₹20 Cr on record. Court records list 43 cases involving the company, including 1 filed by the company and 42 filed against it; 28 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Devmuni Leasing and Finance Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3rd Floor Plot No. 68, Okhla Industrial Area Phase – 3, New Delhi, Delhi, India – 110020
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Devmuni Leasing and Finance 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
Brands
Devmuni Leasing and Finance operates one associated brand: Bharat Loan. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of digital platform offering unsecured personal loans to salaried individuals | bharatloan.com |
Business activity
The main business activity of Devmuni Leasing and 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 Devmuni Leasing and Finance Limited, buy the company report.
Financials of Devmuni Leasing and Finance Limited
FY 2024 filings availableDevmuni Leasing and Finance Limited reported revenue of ₹32.88 Cr (up 2514% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 309% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹2.16 Cr | ||||
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| Net Profit (PAT) | ₹62.21 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.6% | ||||
| Net Profit Margin | 1.9% | ||||
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To see the full financial statements and ratios of Devmuni Leasing and Finance Limited, buy the company report.
Board of directors of Devmuni Leasing and Finance Limited
Devmuni Leasing and Finance has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Raja Also directs: Sare Saamag Realty Private Limited, Adish Estates Private Limited | Director | 29 Jul 2023 | 3 Years 3 Months | Current |
| Kuldeep | Director | 01 Mar 2023 | 3 Years 8 Months | Current |
| Sumender Singh Also directs: Vrinda Finlease Limited, Solomon Capital Private Limited, Immaculate Resolution Professionals Private Limited and 1 more | Director | 12 Dec 2024 | 1 Years 10 Months | Current |
Peer comparison
Devmuni Leasing and Finance Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Yms Finance Private Limited | ₹33.27 Cr (FY 2025) | 112.0% | Kolkata, West Bengal, India | |||
| Devmuni Leasing and Finance Limitedthis company | ₹32.88 Cr (FY 2024) | ₹62.21 Lakh | 1.9% | 2514.0% | New Delhi, Delhi, India | |
| Bhagyoday Investments Pvt Ltd | ₹32.85 Cr (FY 2025) | -2.0% | Punjab, India | |||
| Renaissance Asset Management Company Private Limited | ₹32.65 Cr (FY 2025) | -42.0% | New Delhi, Delhi, India | |||
| HSBC Investdirect Financial Services (India) Limited | ₹32.64 Cr (FY 2018) | 0.0% | Mumbai, Maharashtra, India | |||
| Mas Rural Housing & Mortgage Finance Limited | ₹32.41 Cr (FY 2019) | 23.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Devmuni Leasing and Finance Limited, buy the company report.
Auditor
Devmuni Leasing and Finance Limited is audited by RAM VIJAY & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAM VIJAY & CO. | FY 2022 | 016813N |
Shareholding
The shareholding of Devmuni Leasing and Finance 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 Devmuni Leasing and Finance Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Jan 2024 | 100848421 | Others | ₹20 Cr | Satisfied |
To see the full charge records of Devmuni Leasing and Finance Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Devmuni Leasing and Finance Limited has 43 court cases on record: 1 filed by Devmuni Leasing and Finance, 42 filed against it. 28 cases are pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 31 | 30 | 27 |
| High courts | 12 | 12 | 1 |
Cases on record (5 of 43)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Medchal Malkajgiri, Telangana | Civil suit | Filed against the company | Pending |
| District court, East Godavari, Andhra Pradesh | Civil suit | Filed against the company by an individual | Pending |
| High Court for State of Telangana | Writ petition | Filed against the company | Pending |
| District court, Rangareddy, Telangana | Civil suit | Filed against the company | Pending |
| District court, Medchal Malkajgiri, Telangana | Court case (IP) | Filed against the company by an individual | Pending |
To see the full case history of Devmuni Leasing and Finance 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 Devmuni Leasing and Finance Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Devmuni Leasing and Finance has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACD0941Q1ZI | Delhi | Active | 24 Jan 2023 |
To see the full GST registrations and return filing status of Devmuni Leasing and Finance Limited, buy the company report.
Recent activity
Devmuni Leasing and Finance Limited has 11 board changes on record since 2012: 3 appointments and 8 cessations. The latest: Sumender Singh ceased to be Additional Director on 29 Sep 2025.
4 earlier events are in the company report.
News
Frequently asked questions
Devmuni Leasing and Finance is an active public limited company based in New Delhi, Delhi, India. The company works in nbfc, within the financial services industry. It was incorporated on 27 March 1995 (31+ years old) and is registered under CIN U74899DL1995PLC066810.
Devmuni Leasing and Finance has 3 current directors:
- Rajesh Raja - Director
- Kuldeep - Director
- Sumender Singh - Director
The latest financial statements of Devmuni Leasing and Finance on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Devmuni Leasing and Finance is 07AAACD0941Q1ZI, registered in Delhi.
The CIN (Corporate Identification Number) of Devmuni Leasing and Finance is U74899DL1995PLC066810. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devmuni Leasing and Finance has 43 court cases on record: 1 filed by the company and 42 filed against it. 28 are pending. Most are in the district courts.
Devmuni Leasing and Finance was incorporated on 27 March 1995, making it 31+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Devmuni Leasing and Finance by revenue are Yms Finance Private Limited, Bhagyoday Investments Pvt Ltd, Renaissance Asset Management Company Private Limited, HSBC Investdirect Financial Services (India) Limited, Mas Rural Housing & Mortgage Finance Limited, all in the BFSI industry (Finance, NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Sumender Singh ceased to be Additional Director on 29 Sep 2025. Anoop Singh ceased to be Additional Director on 20 Dec 2024. Sumender Singh was appointed as Director on 12 Dec 2024. Devmuni Leasing and Finance has 11 board changes on record in total.
The registered office of Devmuni Leasing and Finance is at 3rd Floor Plot No. 68, Okhla Industrial Area Phase – 3, New Delhi, Delhi, India – 110020.
Devmuni Leasing and Finance operates in the financial services industry, in the nbfc segment.
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