Grameen Development & Finance Private Limited

Grameen Development & Finance Private Limited - financial services in Kamrup, Assam, India. FY 2026 financials & compliance.
CIN U65921AS1999PTC011755 Incorporated 20 July 1989 ROC Guwahati HQ Kamrup, Assam, India
Active Private Limited Company financial services
Data last updated
Revenue · FY 2025
₹10.8 Cr
▲ 11% YoY
Net profit · FY 2025
₹43.54 Lakh
Net margin 4%
EBITDA · FY 2025
₹5.48 Cr
EBITDA margin 50.7%
Authorised capital
₹16 Cr
Registered with MCA
Paid-up capital
₹7.45 Cr
Issued & subscribed
Open charges
₹91 Cr
Satisfied ₹164.06 Cr
Company age
37 yrs
Est. 1989
Employees · EPFO
95
Provident fund records

About Grameen Development & Finance Private Limited

Data last updated:

Grameen Development & Finance Private Limited is a private limited company based in Kamrup, Assam, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 20 July 1989 and has been in existence for over 37 years.

The company is registered with the Registrar of Companies (ROC), Guwahati, under CIN U65921AS1999PTC011755. Its GSTIN is 18AAFCS6869P1ZA (Assam). The company holds 4 GST registrations, all of them active.

The company has an authorised share capital of ₹16 Cr and a paid-up capital of ₹7.45 Cr. It was formerly known as Sharnarthi Leasing and Finance Pvt. Ltd. It is led by directors including Sarat Chandra Das (Managing Director) and Tapan Chandra Kalita.

Its last annual general meeting (AGM) was held on 28 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Grameen Sahara Vill – Dubjeni Kulsi Road Chhaygaon, Kamrup, Assam, India – 781124.

As per the financials filed for FY 2025, the company reported a revenue of ₹10.8 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹43.54 Lakh (net margin 4%) and EBITDA of ₹5.48 Cr (EBITDA margin 50.7%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 2% over five years.

The company has about 95 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: GDFPL. As per MCA filings, the company has open charges of ₹91 Cr and satisfied charges of ₹164.06 Cr on record. The company has 11 deals on record (6 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹6.59 Cr; the latest was in March 2019. Its 5 peer companies in the BFSI industry (Finance, Micro Finance Institutions, Small Non Deposit NBFC), with the same principal business activity (other financial activities) are compared by revenue, 2 larger and 3 smaller; the largest is The United Investment Co. Private Limited with revenue of ₹10.84 Cr.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gdfpl.com.

Company details

CIN U65921AS1999PTC011755
Registration Number 011755
Incorporation Date 20 July 1989
ROC Guwahati
Listing Status Unlisted
Company Status Active
Date of Last AGM 28 July 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

CIN history

Grameen Development & Finance has one previous CIN (Corporate Identification Number): U65921PB1999PTC022883. The current CIN is U65921AS1999PTC011755, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U65921AS1999PTC011755Current
U65921PB1999PTC022883Previous

Contact details

Grameen Development & Finance Private Limited's registered office is in Kamrup, Assam. Its website is gdfpl.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Registered Address
    Grameen Sahara Vill – Dubjeni Kulsi Road Chhaygaon, Kamrup, Assam, India – 781124
  • Industry
    Financial Services, NBFC, Microfinance Institutions

To see the full contact details of Grameen Development & Finance Private Limited, buy the company report.

Comprehensive company report
Grameen Development & Finance Private Limited - one report that includes everything
  • 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
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Brands

Grameen Development & Finance operates one associated brand: GDFPL. Each brand links to its own profile.

BrandDescriptionWebsite
Offers micro credit and insurance services tailored for low-income groups.gdfpl.com

Business activity

The main business activity of Grameen Development & Finance is financial and insurance service. In detail, this covers other financial activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK8Other financial activities

To see the full business activity and turnover split of Grameen Development & Finance Private Limited, buy the company report.

Financials of Grameen Development & Finance Private Limited

FY 2025 filings available

Grameen Development & Finance Private Limited reported revenue of ₹10.8 Cr (up 11% YoY) for FY 2025.

Revenue · FY 2025
₹10.8 Cr ▲ 11%
Net profit · FY 2025
₹43.54 Lakh margin 4%
EBITDA · FY 2025
₹5.48 Cr margin 50.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 11%
5 years · compounded
▼ 2%
EBITDA CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 10%
5 years · compounded
▼ 5%

Revenue rose 11% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA rose 7% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹5.48 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹43.54 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin50.7%
Net Profit Margin4%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Grameen Development & Finance Private Limited, buy the company report.

Board of directors of Grameen Development & Finance Private Limited

Grameen Development & Finance has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Tapan Chandra KalitaDirector26 Aug 20233 Years 2 MonthsCurrent
Veekash Kumar AgarwalNominee Director29 Mar 20251 Years 7 MonthsCurrent
Sarat Chandra DasManaging Director27 Jul 201016 Years 3 MonthsCurrent
Tilak DasDirector28 Sep 201511 Years 1 MonthsCurrent

Peer comparison

Grameen Development & Finance Private Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Finance, Micro Finance Institutions, Small Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
The United Investment Co. Private Limited₹10.84 Cr (FY 2025)-35.0%Kolkata, West Bengal, India
Cicago Commodities Pvt. Ltd.₹10.82 Cr (FY 2025)0.0%West Bengal, India
Grameen Development & Finance Private Limitedthis company₹10.8 Cr (FY 2025)₹43.54 Lakh4%11.0%95Kamrup, Assam, India
DM Group Investments Private Limited₹10.79 Cr (FY 2025)19.0%Kolkata, West Bengal, India
Victora Stock-Invest Private Limited₹10.78 Cr (FY 2025)22.0%New Delhi, Delhi, India
Aristo Traders Pvt Ltd₹10.75 Cr (FY 2024)-14.0%Ahmedabad, Gujarat, India

To see the full peer comparison of Grameen Development & Finance Private Limited, buy the company report.

Auditor

Grameen Development & Finance Private Limited is audited by D PATWARY & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
D PATWARY & COFY 2023324523E

Shareholding

The shareholding of Grameen Development & Finance Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Grameen Development & Finance Private Limited, buy the company report.

Charges & borrowings

Open charges
₹91 Cr
Satisfied charges
₹164.06 Cr
Breakdown by lending institutions
Others₹76.50 Cr
North Eastern Development Finance Corporation Limited₹14.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
06 Dec 2025101194112Others₹3.5 CrOpen
20 Aug 2025101139786Others₹10 CrOpen
22 Nov 2024101004266Others₹3 CrOpen
12 Jul 2024100945202Others₹15 CrOpen
23 May 2024100922599Others₹2 CrOpen

To see the full charge records of Grameen Development & Finance Private Limited, buy the company report.

Total charge records: 50 View all charges

Deals & funding

Grameen Development & Finance Private Limited has 11 deals on record (6 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹6.59 Cr; the latest was in March 2019.

Total deals
11
Secondary share transfers
6
Funding rounds
4
Rights issue
1
Disclosed funding
₹6.59 Cr

Deals on record (5 of 11)

WhenDealAmountParties
Mar 2019Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Jun 2018Funding round₹2.99 CrInvestors: North Eastern Development Finance Corporation Limited , 3 individuals
Jul 2015Rights issue₹35 LakhInvestors: 4 individuals
Mar 2015Funding round₹50 LakhInvestors: North Eastern Development Finance Corporation Limited
Jul 2014Secondary share transferUndisclosedBuyer: P & G Corporate Services Private Limited, 3 individuals
Seller: 2 individuals

To see the full deal history of Grameen Development & Finance Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Grameen Development & Finance Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Grameen Development & Finance Private Limited has a workforce of 95 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.

Employee count
95
Active EPFO establishments
1
Employee growth
-5%

GST

Grameen Development & Finance has 4 GST registrations: 4 active.

Total GSTINs
4
Active
4
GSTINStateStatusRegistered on
18AAFCS6869P1ZAAssamActive01 Jul 2017
13AAFCS6869P1ZKNagalandActive01 Jul 2017
17AAFCS6869P1ZCMeghalayaActive01 Jul 2017
15AAFCS6869P1ZGMizoramActive03 Apr 2019

To see the full GST registrations and return filing status of Grameen Development & Finance Private Limited, buy the company report.

Recent activity

Grameen Development & Finance Private Limited has 13 board changes on record since 2010: 4 appointments and 9 cessations. The latest: Srijib Kumar Baruah ceased to be Nominee Director on 29 Mar 2025.

Charges
A charge with Others amounted to Rs. 3.50 Cr with Charge ID 101194112 was registered on 06 Dec 2025.
Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 101139786 was registered on 20 Aug 2025.
AGM
Grameen Development & Finance Private Limited last Annual general meeting of members was held on 28 Jul 2025 as per latest MCA records.
Charges
A charge registered on 28 Nov 2023 via Charge ID 100820692 with Others was fully satisfied on 18 Jul 2025.
Filing
Grameen Development & Finance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Guwahati.
Ceased
Srijib Kumar Baruah ceased to be Nominee Director.
Appointed
Veekash Kumar Agarwal was appointed as Nominee Director.
Charges
A charge registered on 07 Apr 2022 via Charge ID 100560585 with Others was fully satisfied on 17 Mar 2025.
Charges
A charge with Others amounted to Rs. 3.00 Cr with Charge ID 101004266 was registered on 22 Nov 2024.
Charges
A charge registered on 01 Dec 2014 via Charge ID 10540641 with Others was fully satisfied on 08 Aug 2024.
Charges
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100945202 was registered on 12 Jul 2024.
Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100922599 was registered on 23 May 2024.

93 earlier events are in the company report.

Frequently asked questions

Grameen Development & Finance is an active private limited company based in Kamrup, Assam, India. The company works in nbfc, within the financial services industry. It was incorporated on 20 July 1989 (37+ years old) and is registered under CIN U65921AS1999PTC011755.

Grameen Development & Finance has 4 current directors:

The latest financial statements of Grameen Development & Finance on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 28 July 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Grameen Development & Finance is 18AAFCS6869P1ZA, registered in Assam. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 13AAFCS6869P1ZK (Nagaland), 17AAFCS6869P1ZC (Meghalaya), 15AAFCS6869P1ZG (Mizoram).

The CIN (Corporate Identification Number) of Grameen Development & Finance is U65921AS1999PTC011755. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Grameen Development & Finance was incorporated on 20 July 1989, making it 37+ years old. It is registered with the Registrar of Companies, Guwahati.

Grameen Development & Finance has 11 deals on record (6 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹6.59 Cr; the latest was in March 2019.

The peers of Grameen Development & Finance by revenue are The United Investment Co. Private Limited, Cicago Commodities Pvt. Ltd, DM Group Investments Private Limited, Victora Stock-Invest Private Limited, Aristo Traders Pvt Ltd, all in the BFSI industry (Finance, Micro Finance Institutions, Small Non Deposit NBFC), with the same principal business activity (other financial activities).

Srijib Kumar Baruah ceased to be Nominee Director on 29 Mar 2025. Veekash Kumar Agarwal was appointed as Nominee Director on 29 Mar 2025. Mrinal Baishya ceased to be Director on 26 Aug 2023. Grameen Development & Finance has 13 board changes on record in total.

Grameen Development & Finance can be reached through the website gdfpl.com. Its registered office is in Kamrup, Assam, India.

The registered office of Grameen Development & Finance is at Grameen Sahara Vill – Dubjeni Kulsi Road Chhaygaon, Kamrup, Assam, India – 781124.