Grameen Development & Finance Private Limited - Company Profile

It is a financial services private limited company based in Kamrup, Assam, India, established in 1989.
1989 Kamrup, Assam, India Active
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About Grameen Development & Finance Private Limited

Grameen Development & Finance Private Limited, a active private limited company, was established on 20 July 1989 in Kamrup, Assam, India. Engaging in nbfc within the financial and insurance service sector, it holds CIN: U65921AS1999PTC011755. Registered under ROC Roc Guwahati. it is unlisted. It has an authorized capital of ₹16.00 Cr and a paid-up capital of ₹7.45 Cr.

Formerly known as Sharnarthi Leasing And Finance Pvt. Ltd. It upholds a compliant status. Employing 95 professional, Its leadership includes Tapan Chandra Kalita (Director), Veekash Kumar Agarwal (Nominee Director), Sarat Chandra Das (Managing Director). Past directors included Anu Ahuja, Tapan Chandra Kalita, Subhash Chander Ahuja. It holds ₹91.00 Cr open charges and ₹164.06 Cr settled loans. Its latest AGM occurred on 28 July 2025, with the balance sheet filed on 31 March 2025. It is based at Grameen Sahara Vill- Dubjeni, Kulsi Road, Chhaygaon, Kamrup, Assam, 781124.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U65921AS1999PTC011755

  • Registration Number

    011755

  • Incorporation Date

    20 July 1989

  • Authorized Capital

    ₹16.00 Cr

  • Paid-Up Capital

    ₹7.45 Cr

  • ROC Code

    Roc Guwahati

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 16.00 Cr
  • Paid Up Capital ₹ 7.45 Cr
  • Company Age 36 Year, 7 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 91.00 Cr
  • Satisfied Charges ₹ 164.06 Cr
  • Revenue Growth **** 7.22%
  • Profit Growth **** 876.35%
  • Ebitda **** 26.82%
  • Net Worth -8.79%
  • Total Assets **** 3.06%
Company report

Grameen Development & Finance Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Grameen Development & Finance Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Grameen Development & Finance Private Limited?
Current Directors
Name Designation Appointment Date Status
Tapan Chandra Kalita Director 26 Aug 2023 Current
Veekash Kumar Agarwal Nominee Director 29 Mar 2025 Current
Sarat Chandra Das Managing Director 27 Jul 2010 Current
Tilak Das Director 28 Sep 2015 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 19 Sep 2011 Past
Pramod Abcsdd Additional Director 25 Jul 2014 Past
Pramod Abcsdd Director 19 Sep 2011 Past
Pramod Abcsdd Managing Director 19 Sep 2011 Past
Pramod Abcsdd Company Secretary - Past
Pramod Abcsdd Director 26 Aug 2023 Past

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Financial Performance of Grameen Development & Finance.

Grameen Development & Finance Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.22% increase. The company also saw a substantial improvement in profitability, with a 876.35% increase in profit. The company's net worth dipped by a decrease of 8.79%.

Grameen Development & Finance revenue growth over time
Grameen Development & Finance profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 7.22%
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Revenue from Operations
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 16.20%
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Total Assets
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 3.06%
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Profit or Loss
*******
 876.35%
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Net Worth
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 -8.79%
*******
*******
*******
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EBITDA
*******
 26.82%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Grameen Development & Finance?

In 2023, Grameen Development & Finance had a promoter holding of 2.87% and a public holding of 97.13%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹910,000,000.00

Satisfied Charges

₹1,640,609,493.50

Charges Breakdown by Lending Institutions
  • Others : 76.50 Cr
  • North Eastern Development Finance Corporation Limited : 14.50 Cr
Latest Charge Details
Date Lender Amount Status
06 Dec 2025 Others ₹3.50 Cr Open
20 Aug 2025 Others ₹10.00 Cr Open
22 Nov 2024 Others ₹3.00 Cr Open
12 Jul 2024 Others ₹15.00 Cr Open
23 May 2024 Others ₹2.00 Cr Open

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How Many Employees Work at Grameen Development & Finance?

Grameen Development & Finance has a workforce of 95 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Grameen Development & Finance, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Grameen Development & Finance's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Grameen Development & Finance
Recent Activity within the Organization
  • Charges

    Progress on A charge with Others amounted to Rs. 3.50 Cr with Charge ID 101194112 was registered on 06 Dec 2025. was documented.

  • Charges

    The activity A charge with Others amounted to Rs. 10.00 Cr with Charge ID 101139786 was registered on 20 Aug 2025. was completed.

  • Annual General Meeting

    Grameen Development & Finance Private Limited last Annual general meeting of members was held on 28 Jul 2025 as per latest MCA records. was recorded as a recent event.

  • Charges

    A charge registered on 28 Nov 2023 via Charge ID 100820692 with Others was fully satisfied on 18 Jul 2025. was recorded as a recent event.

  • Balance Sheet

    The activity Grameen Development & Finance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Guwahati. was completed.

  • Director Appointment

    Veekash Kumar Agarwal was appointed as a Nominee Director was appointed as a Nominee Director on 29 Mar 2025 & has been associated with this company since 11 months 16 days . was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Grameen Development & Finance Private Limited?

The CIN of Grameen Development & Finance Private Limited is U65921AS1999PTC011755.

Where is Grameen Development & Finance Private Limited headquartered?

Grameen Development & Finance Private Limited is headquartered at Grameen Sahara Vill- Dubjeni, Kulsi Road, Chhaygaon, Kamrup, Assam, 781124.

When was Grameen Development & Finance Private Limited incorporated?

Grameen Development & Finance Private Limited was incorporated on 20 July 1989.

Who are the current directors of Grameen Development & Finance Private Limited?

The current directors of Grameen Development & Finance Private Limited are

What is the primary industry of Grameen Development & Finance Private Limited?

The primary industry of Grameen Development & Finance Private Limited is Financial And Insurance Service.

Is Grameen Development & Finance Private Limited a listed company?

Grameen Development & Finance Private Limited is unlisted.

What is the capital structure of Grameen Development & Finance Private Limited?

The authorized capital of Grameen Development & Finance Private Limited is ₹16.00 Cr, and the paid-up capital is ₹7.45 Cr.

What is the compliance status of Grameen Development & Finance Private Limited?

The compliance status of Grameen Development & Finance Private Limited is Compliant.

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