
Govardhan Finlease Private Limited
About Govardhan Finlease Private Limited
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Govardhan Finlease Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 18 July 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U65921MP1995PTC009722. Its GSTIN is 23AAACG6287A1ZZ (Madhya Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹12.95 Lakh. It is led by directors Mukund Nyati and Madhusudan Nyati.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 28/2 Janki Nagar Ext, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2024, the company reported a revenue of ₹21.96 Lakh, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹6.29 Lakh (net margin 28.7%) and EBITDA of ₹8.54 Lakh (EBITDA margin 38.9%). Revenue has declined at a compounded annual rate (CAGR) of 27% over three years and 37% over five years.
As per MCA filings, the company has open charges of ₹50 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Govardhan Finlease Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address28/2 Janki Nagar Ext, Indore, Madhya Pradesh, India – 452001
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Govardhan Finlease Private 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
Business activity
The main business activity of Govardhan Finlease 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 Govardhan Finlease Private Limited, buy the company report.
Financials of Govardhan Finlease Private Limited
FY 2025 filings availableGovardhan Finlease Private Limited reported revenue of ₹21.96 Lakh (up 21% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 21% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 37%. 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 | ₹8.54 Lakh | ||||
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| Net Profit (PAT) | ₹6.29 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 38.9% | ||||
| Net Profit Margin | 28.7% | ||||
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To see the full financial statements and ratios of Govardhan Finlease Private Limited, buy the company report.
Board of directors of Govardhan Finlease Private Limited
Govardhan Finlease has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukund Nyati | Director | 25 May 2017 | 9 Years 5 Months | Current |
| Madhusudan Nyati | Director | 18 Jul 1995 | 31 Years 3 Months | Current |
Peer comparison
Govardhan Finlease Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Amough Dairy Private Limited | ₹21.97 Lakh (FY 2021) | 11.0% | Hyderabad, Telangana, India | |||
| Dwain Life Sciences Private Limited (OPC) | ₹21.96 Lakh (FY 2025) | -22.0% | Maharashtra, India | |||
| Zofico Trades Private Limited | ₹21.96 Lakh (FY 2025) | -52.0% | Ludhiana, Punjab, India | |||
| Rungta Realtors Private Limited | ₹21.96 Lakh (FY 2025) | -11.0% | Kolkata, West Bengal, India | |||
| Yoron Organization Private Limited | ₹21.96 Lakh (FY 2025) | -69.0% | Lucknow, Uttar Pradesh, India | |||
| Govardhan Finlease Private Limitedthis company | ₹21.96 Lakh (FY 2024) | ₹6.29 Lakh | 28.7% | 21.0% | Indore, Madhya Pradesh, India | |
| Meatbuds (India) Private Limited | ₹21.96 Lakh (FY 2016) | 268.0% | Bengaluru, Karnataka, India | |||
| Thames River Design Private Limited | ₹21.95 Lakh (FY 2024) | Ghaziabad, Uttar Pradesh, India | ||||
| Arvi Shine OPC Private Limited | ₹21.95 Lakh (FY 2016) | Mathura, Uttar Pradesh, India | ||||
| Star Shine Pumps Private Limited | ₹21.95 Lakh (FY 2017) | 39.0% | Delhi, India | |||
| Brinekart India Private Limited | ₹21.94 Lakh (FY 2025) | 17.0% | Delhi, India |
To see the full peer comparison of Govardhan Finlease Private Limited, buy the company report.
Auditor
Govardhan Finlease Private Limited is audited by RATHI PASARI & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RATHI PASARI & ASSOCIATES | FY 2017 | 009104C |
Shareholding
The shareholding of Govardhan Finlease Private Limited 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 Govardhan Finlease Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Nov 2001 | 90208956 | State Bank of Indore | ₹50 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Govardhan Finlease Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Govardhan Finlease Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Govardhan Finlease has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAACG6287A1ZZ | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Govardhan Finlease Private Limited, buy the company report.
Recent activity
Govardhan Finlease Private Limited has 4 board changes on record since 1995: 2 appointments and 2 cessations. The latest: Mukund Nyati ceased to be Additional Director on 15 Sep 2017.
Frequently asked questions
Govardhan Finlease is an active private limited company based in Indore, Madhya Pradesh, India. The company works in other wholesale, within the trading industry. It was incorporated on 18 July 1995 (31+ years old) and is registered under CIN U65921MP1995PTC009722.
Govardhan Finlease has 2 current directors:
- Mukund Nyati - Director
- Madhusudan Nyati - Director
The latest financial statements of Govardhan Finlease on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Govardhan Finlease is 23AAACG6287A1ZZ, registered in Madhya Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Govardhan Finlease is U65921MP1995PTC009722. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Govardhan Finlease was incorporated on 18 July 1995, making it 31+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Govardhan Finlease by revenue are Amough Dairy Private Limited, Dwain Life Sciences Private Limited (OPC), Zofico Trades Private Limited, Rungta Realtors Private Limited, Yoron Organization Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Mukund Nyati ceased to be Additional Director on 15 Sep 2017. Kishore Bhagat ceased to be Director on 25 May 2017. Mukund Nyati was appointed as Director on 25 May 2017. Govardhan Finlease has 4 board changes on record in total.
The registered office of Govardhan Finlease is at 282 Janki Nagar Ext, Indore, Madhya Pradesh, India – 452001.
Govardhan Finlease operates in the trading industry, in the other wholesale segment.
Govardhan Finlease has open charges of ₹50 Lakh and no satisfied charges on record as per latest MCA filings.

