
Harshwardhan Leasing Limited
About Harshwardhan Leasing Limited
Data last updated:
Harshwardhan Leasing Limited was a public limited company based in New Delhi, Delhi, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate financing segment of the financial services sector. It was incorporated on 20 June 1984.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U65910DL1984PLC018464. Its GSTIN is 07AAACH0607D2Z9 (Delhi). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹92 Lakh. It was led by directors including Ghanshyam Swain and Kamal Kumar Singh.
Its last annual general meeting (AGM) was held on 20 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at 108 Ansal Bhawan 16 Kasturba Gandhi Marg, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2024, the company reported a revenue of ₹15.4 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹12.8 Cr (net margin 83.1%) and EBITDA of ₹15.3 Cr (EBITDA margin 99.3%). Revenue has grown at a compounded annual rate (CAGR) of 270% over three years and 109% over five years.
As per MCA filings, the company had open charges of ₹18 Cr and satisfied charges of ₹24.75 Cr on record. Court records list 6 cases involving the company, including 1 filed by the company and 5 filed against it.
Company details
CIN history
Harshwardhan Leasing has one previous CIN (Corporate Identification Number): L65910DL1984PLC018464. The current CIN is U65910DL1984PLC018464, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65910DL1984PLC018464 | Current |
| L65910DL1984PLC018464 | Previous |
Contact details
Harshwardhan Leasing Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address108 Ansal Bhawan 16 Kasturba Gandhi Marg, New Delhi, Delhi, India – 110001
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Harshwardhan Leasing 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
Financials of Harshwardhan Leasing Limited
FY 2024 filings availableHarshwardhan Leasing Limited reported revenue of ₹15.4 Cr (up 11823% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 109% over five years. 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 | ₹15.3 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹12.8 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 99.3% | ||||
| Net Profit Margin | 83.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Harshwardhan Leasing Limited, buy the company report.
Board of directors of Harshwardhan Leasing Limited
Harshwardhan Leasing has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ghanshyam Swain Also directs: Udhyam Merchandise Pvt Ltd, Nutri Farming Venture Private Limited, Hi-Tech Electrothermics and Hydro Power Limited and 5 more | Director | 29 Apr 1999 | 27 Years 6 Months | As last reported |
| Kamal Kumar Singh Also directs: Pace Enterprises Private Limited, Rameshwaram Steel and Power Private Limited, Apeksha Securities Limited and 2 more | Director | 28 Jul 2020 | 6 Years 3 Months | As last reported |
| Ashok Garg | Director | 31 Jan 2002 | 24 Years 8 Months | As last reported |
Peer comparison
Harshwardhan Leasing Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Accolade Properties Private Limited | ₹15.59 Cr (FY 2025) | 135.0% | Mumbai, Maharashtra, India | |||
| Archsone Properties (India ) Private Limited | ₹15.57 Cr (FY 2025) | -13.0% | Mumbai, Maharashtra, India | |||
| Asf Buildcon Private Limited | ₹15.53 Cr (FY 2025) | 252.0% | New Delhi, Delhi, India | |||
| Mahbubani Exports Private Limited | ₹15.42 Cr (FY 2024) | -24.0% | Chennai, Tamil Nadu, India | |||
| Harshwardhan Leasing Limitedthis company | ₹15.4 Cr (FY 2024) | ₹12.8 Cr | 83.1% | 11823.0% | New Delhi, Delhi, India |
To see the full peer comparison of Harshwardhan Leasing Limited, buy the company report.
Auditor
Harshwardhan Leasing Limited is audited by O P BAGLA & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| O P BAGLA & CO LLP | FY 2023 | 000018N/N500091 |
Shareholding
The shareholding of Harshwardhan Leasing Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Harshwardhan Leasing Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Sep 2011 | 10318655 | Indusind Bank Ltd. | ₹6.75 Cr | Satisfied | |
| 17 Sep 2008 | 10216046 | The Bank of Rajasthan Limited | ₹18 Cr | Satisfied |
To see the full charge records of Harshwardhan Leasing Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Harshwardhan Leasing Limited has 6 court cases on record: 1 filed by Harshwardhan Leasing, 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 5 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Principal Bench | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| Bombay High Court | Criminal complaint | Filed against the company by an individual | Disposed |
| Bombay High Court | Writ petition | Filed against the company by an individual | Disposed |
| Bombay High Court | Court case (CHS) | Filed against the company by an individual | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
To see the full case history of Harshwardhan Leasing Limited, 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 Harshwardhan Leasing Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Harshwardhan Leasing has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACH0607D2Z9 | Delhi | Active | 02 Aug 2024 |
To see the full GST registrations and return filing status of Harshwardhan Leasing Limited, buy the company report.
Recent activity
Harshwardhan Leasing Limited has 5 board changes on record since 1999: 3 appointments and 2 cessations. The latest: Kamal Kumar Singh ceased to be Additional Director on 28 Sep 2020.
Frequently asked questions
Harshwardhan Leasing has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Harshwardhan Leasing was a public limited company based in New Delhi, Delhi, India. The company worked in real estate financing, within the financial services industry. It was incorporated on 20 June 1984 and is registered under CIN U65910DL1984PLC018464. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Harshwardhan Leasing was incorporated on 20 June 1984. It is registered with the Registrar of Companies, Delhi.
Harshwardhan Leasing had 3 directors:
- Ghanshyam Swain - Director
- Kamal Kumar Singh - Director
- Ashok Garg - Director
The CIN (Corporate Identification Number) of Harshwardhan Leasing is U65910DL1984PLC018464. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Harshwardhan Leasing is at 108 Ansal Bhawan 16 Kasturba Gandhi Marg, New Delhi, Delhi, India – 110001.
The latest financial statements of Harshwardhan Leasing on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 20 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Harshwardhan Leasing is 07AAACH0607D2Z9, registered in Delhi. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Harshwardhan Leasing operated in the financial services industry, in the real estate financing segment.
The peers of Harshwardhan Leasing by revenue are Accolade Properties Private Limited, Archsone Properties (India ) Private Limited, Asf Buildcon Private Limited, Mahbubani Exports Private Limited, all in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property).
Harshwardhan Leasing has 6 court cases on record: 1 filed by the company and 5 filed against it. Most are in the high courts.