Kandy Finlease Limited
About Kandy Finlease Limited
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Kandy Finlease Limited is a public limited company based in Delhi, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 11 March 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U65910DL1996PLC077028. Its GSTIN is 07AAACK3760E2ZS (Delhi). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹90.6 Lakh. It is led by directors including Ram Kumar Sheokand (Managing Director) and Nirmal.
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 54/7 Desh Bandhu Gupta Road Karol Bagh New Delhi, Delhi, India – 110005.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.45 Lakh, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹1.39 Lakh (net margin 40.2%) and EBITDA of ₹1.55 Lakh (EBITDA margin 44.9%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 18% over five years.
As per MCA filings, the company has open charges of ₹4.8 Cr on record. Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Kandy Finlease Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address54/7 Desh Bandhu Gupta Road Karol Bagh New Delhi, Delhi, India – 110005
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Kandy Finlease 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 Kandy Finlease is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
Financials of Kandy Finlease Limited
FY 2025 filings availableKandy Finlease Limited reported revenue of ₹3.45 Lakh (down 16% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 16% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA fell 31% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.55 Lakh | ||||
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| Net Profit (PAT) | ₹1.39 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 | 44.9% | ||||
| Net Profit Margin | 40.2% | ||||
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To see the full financial statements and ratios of Kandy Finlease Limited, buy the company report.
Board of directors of Kandy Finlease Limited
Kandy Finlease 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 |
|---|---|---|---|---|
| Nirmal Also directs: Kandy Gold Private Limited, Aldis Real Estate Private Limited, Bhaktamar Welfare Foundation and 1 more | Director | 08 Aug 1996 | 30 Years 2 Months | Current |
| Kandy Sheokand | Director | 18 Sep 2009 | 17 Years 1 Months | Current |
| Ram Kumar Sheokand Also directs: Kandy Gold Private Limited, Shree Dham Developers Private Limited, Aldis Real Estate Private Limited and 2 more | Managing Director | 11 Mar 1996 | 30 Years 7 Months | Current |
Auditor
Kandy Finlease Limited is audited by D M R N & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D M R N & ASSOCIATES | FY 2019 | 008100N |
Shareholding
The shareholding of Kandy Finlease Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Kandy Finlease Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Feb 2010 | 10205345 | Punjab National Bank | ₹4.8 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Kandy Finlease Limited has 6 court cases on record: 4 filed by Kandy Finlease, 2 filed against it. 4 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 2 |
| High courts | 3 | 2 | 2 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (CS(OS)) | Filed by the company against an individual | Pending |
| District court, Jind, Haryana | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, Jind, Haryana | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| High Court, HARYANA | Court case (CRR) | Filed against the company by an individual | Pending |
| District court, Central, Delhi | Commercial suit | Filed by the company against an individual | Disposed |
To see the full case history of Kandy Finlease 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 Kandy Finlease Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kandy Finlease has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACK3760E2ZS | Delhi | Active | 20 Mar 2019 |
To see the full GST registrations and return filing status of Kandy Finlease Limited, buy the company report.
Recent activity
Kandy Finlease Limited has 5 board changes on record since 1996: 3 appointments and 2 cessations. The latest: Kandy Sheokand ceased to be Additional Director on 30 Sep 2009.
Frequently asked questions
Kandy Finlease is an active public limited company based in Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 11 March 1996 (30+ years old) and is registered under CIN U65910DL1996PLC077028.
Kandy Finlease has 3 current directors:
- Ram Kumar Sheokand - Managing Director
- Nirmal - Director
- Kandy Sheokand - Director
The latest financial statements of Kandy 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 Kandy Finlease is 07AAACK3760E2ZS, registered in Delhi. 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 Kandy Finlease is U65910DL1996PLC077028. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kandy Finlease has 6 court cases on record: 4 filed by the company and 2 filed against it. 4 are pending. Most are in the district courts.
Kandy Finlease was incorporated on 11 March 1996, making it 30+ years old. It is registered with the Registrar of Companies, Delhi.
Kandy Sheokand ceased to be Additional Director on 30 Sep 2009. Kandy Sheokand was appointed as Director on 18 Sep 2009. Sat Paul ceased to be Director on 18 Sep 2009. Kandy Finlease has 5 board changes on record in total.
The registered office of Kandy Finlease is at 547 Desh Bandhu Gupta Road Karol Bagh New Delhi, Delhi, India – 110005.
Kandy Finlease operates in the real estate and construction industry, in the real estate builders and developers segment.
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