Grameen Development & Finance Private Limited Company Logo

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
Last Updated:

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 ₹87.50 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

  • 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 Indicators

  • Authorised Capital ₹ 16.00 Cr
  • Paid Up Capital ₹ 7.45 Cr
  • Company Age 36 Year, 4 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 87.50 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

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

NameDesignationAppointment DateStatus
Tapan Chandra KalitaDirector26 Aug 2023Current
Veekash Kumar AgarwalNominee Director29 Mar 2025Current
Sarat Chandra DasManaging Director27 Jul 2010Current
Tilak DasDirector28 Sep 2015Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector19 Sep 2011Past
Pramod AbcsddAdditional Director25 Jul 2014Past
Pramod AbcsddDirector19 Sep 2011Past
Pramod AbcsddManaging Director19 Sep 2011Past
Pramod AbcsddCompany Secretary-Past
Pramod AbcsddDirector26 Aug 2023Past

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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
  • 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
7.22%
Revenue from Operations
16.20%
Total Assets
3.06%
Profit or Loss
876.35%
Net Worth
-8.79%
EBITDA
26.82%

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 Indicator graph

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Charges (Loans)

Open Charges

₹875,000,000.00

Satisfied Charges

₹1,640,609,493.50

Charges Breakdown by Lending Institutions

  • Others : 73.00 Cr
  • North Eastern Development Finance Corporation Limited : 14.50 Cr

Latest Charge Details

DateLenderAmountStatus
20 Aug 2025Others₹10.00 CrOpen
22 Nov 2024Others₹3.00 CrOpen
12 Jul 2024Others₹15.00 CrOpen
23 May 2024Others₹2.00 CrOpen
31 Jan 2024Others₹3.00 CrOpen

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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 growth trends for Grameen Development & Finance Private Limited

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

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Latest Updates, News, and FAQs on Grameen Development & Finance

Recent Activity within the Organization

  • 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

    The activity Grameen Development & Finance Private Limited last Annual general meeting of members was held on 28 Jul 2025 as per latest MCA records. was completed.

  • 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

    Grameen Development & Finance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Guwahati. was recorded as a recent event.

  • Director Appointment

    Progress on 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 8 months 5 days . was documented.

  • Charges

    A charge registered on 07 Apr 2022 via Charge ID 100560585 with Others was fully satisfied on 17 Mar 2025. was recorded as a recent event.

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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