Garima Leasing Co Ltd
About Garima Leasing Co Ltd
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Garima Leasing Co Ltd is a public limited company based in Kolkata, West Bengal, India. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 06 February 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U65910WB1986PLC040137.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.52 Cr. It is led by directors including Manish Jain and Bharatkumar Jayantilal Parmar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Room – 1A 3rd Floor Chopra House 133 Canning Street, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2023, the company reported a revenue of ₹41.6 Lakh, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹3.29 Lakh (net margin 7.9%) and EBITDA of ₹10.44 Lakh (EBITDA margin 25.1%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 42% over five years.
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
Garima Leasing 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 AddressRoom – 1A 3rd Floor Chopra House 133 Canning Street, Kolkata, West Bengal, India – 700001
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
To see the full contact details of Garima Leasing 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 Garima Leasing Co 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 Garima Leasing Co Ltd, buy the company report.
Financials of Garima Leasing Co Ltd
FY 2024 filings availableGarima Leasing Co Ltd reported revenue of ₹41.6 Lakh (down 7% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 42%. EBITDA fell 27% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹10.44 Lakh | ||||
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| Net Profit (PAT) | ₹3.29 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 25.1% | ||||
| Net Profit Margin | 7.9% | ||||
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To see the full financial statements and ratios of Garima Leasing Co Ltd, buy the company report.
Board of directors and KMP of Garima Leasing Co Ltd
Garima Leasing Co Ltd currently reports 3 directors and 1 key managerial person. 11 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kiran Suhas Upasani Also directs: Justrades Global Private Limited | Cfo | 10 Jul 2023 | 3 Years 3 Months | Current |
| Manish Jain | Director | 25 Mar 2017 | 9 Years 6 Months | Current |
| Bharatkumar Jayantilal Parmar | Additional Director | 20 Mar 2025 | 1 Years 7 Months | Current |
| Siddhant Maheshbhai Patel | Additional Director | 20 Mar 2025 | 1 Years 7 Months | Current |
Peer comparison
Garima Leasing Co Ltd is compared with the 5 companies closest to it by revenue in the BFSI industry (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 |
|---|---|---|---|---|---|---|
| Precise Finance & Investment Limited | ₹41.7 Lakh (FY 2025) | -14.0% | Gwalior, Madhya Pradesh, India | |||
| Rita Finance and Leasing Limited | ₹41.64 Lakh (FY 2019) | 63.0% | Delhi, India | |||
| Bhagwati Cloth Agencey Pvt Ltd | ₹41.64 Lakh (FY 2022) | 98.0% | Kolkata, West Bengal, India | |||
| Garima Leasing Co Ltdthis company | ₹41.6 Lakh (FY 2023) | ₹3.29 Lakh | 7.9% | -7.0% | Kolkata, West Bengal, India | |
| Sunlog Credits Private Limited | ₹41.46 Lakh (FY 2024) | 31.0% | New Delhi, Delhi, India | |||
| Richa Holdings Limited | ₹41.41 Lakh (FY 2025) | -61.0% | Faridabad, Haryana, India |
To see the full peer comparison of Garima Leasing Co Ltd, buy the company report.
Auditor
Garima Leasing Co Ltd is audited by PRASANTAKUMARROYBARMAN for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRASANTAKUMARROYBARMAN | FY 2022 | 013905 |
Shareholding
The shareholding of Garima Leasing Co Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Garima Leasing Co Ltd, buy the company report.
Legal cases
Garima Leasing 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 (APO) | Filed against the company by an individual | Disposed |
To see the full case history of Garima Leasing 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 Garima Leasing Co Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Garima Leasing Co Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Garima Leasing Co Ltd has 16 board changes on record since 2009: 5 appointments and 11 cessations. The latest: Harjindersingh Nandasingh Babra ceased to be Additional Director on 20 May 2025.
7 earlier events are in the company report.
Frequently asked questions
Garima Leasing Co is an active public limited company based in Kolkata, West Bengal, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 06 February 1986 (40+ years old) and is registered under CIN U65910WB1986PLC040137.
Garima Leasing Co has 4 current directors and KMP:
- Manish Jain - Director
- Bharatkumar Jayantilal Parmar - Additional Director
- Siddhant Maheshbhai Patel - Additional Director
- Kiran Suhas Upasani - Cfo
The latest financial statements of Garima Leasing Co on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Garima Leasing Co is U65910WB1986PLC040137. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Garima Leasing Co has 1 court case on record: 1 filed against it.
Garima Leasing Co was incorporated on 06 February 1986, making it 40+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Garima Leasing Co by revenue are Precise Finance & Investment Limited, Rita Finance and Leasing Limited, Bhagwati Cloth Agencey Pvt Ltd, Sunlog Credits Private Limited, Richa Holdings Limited, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Harjindersingh Nandasingh Babra ceased to be Additional Director on 20 May 2025. Bharatkumar Jayantilal Parmar was appointed as Additional Director on 20 Mar 2025. Siddhant Maheshbhai Patel was appointed as Additional Director on 20 Mar 2025. Garima Leasing Co has 16 board changes on record in total.
The registered office of Garima Leasing Co is at Room – 1A 3rd Floor Chopra House 133 Canning Street, Kolkata, West Bengal, India – 700001.
Garima Leasing Co operates in the financial services industry, in the investment and credit nbfc segment.
The compliance status of Garima Leasing Co is compliant as of 14 August 2026. The company is actively filing with the Registrar of Companies.