Promise Leasing And Finance Private Limited - Company Profile

It is a financial services private limited company based in Ut, Chandigarh, India, established in 1997.
1997 Ut, Chandigarh, India Active
Last Updated:
Access Report
About Promise Leasing And Finance Private Limited

Promise Leasing And Finance Private Limited, a active private limited company, was established on 10 March 1997 in Ut, Chandigarh, India. Engaging in nbfc within the financial services sector, it holds CIN: U65910CH1997PTC019553. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹2.25 Cr and a paid-up capital of ₹4.95 M.

It upholds a compliant status. Its leadership includes Parminder Singh (Director), Gurbax Singh (Director), Davinder Singh (Director). Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Sco 7 Iind Floormadhya Marg Sector 7C Chandigarh, Ut, Chandigarh.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U65910CH1997PTC019553

  • Registration Number

    019553

  • Incorporation Date

    10 March 1997

  • Authorized Capital

    ₹2.25 Cr

  • Paid-Up Capital

    ₹4.95 M

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.25 Cr
  • Paid Up Capital ₹ 4.95 M
  • Company Age 29 Year, 3 Days
  • Last Filing with ROC 31 Mar 2025
  • Revenue Growth **** -58.73%
  • Profit Growth **** -23.51%
  • Ebitda **** -99.43%
  • Net Worth -13.17%
  • Total Assets -20.23%
Company report

Promise Leasing And Finance Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Promise Leasing And 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.

Access Report
Who are the key members and board of directors at Promise Leasing And Finance Private Limited?
Current Directors
Name Designation Appointment Date Status
Parminder Singh Director 10 Mar 1997 Current
Gurbax Singh Director 10 Mar 1997 Current
Davinder Singh Director 06 Apr 2000 Current
Harpreet Kaur Director 10 Mar 1997 Current

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Promise Leasing And Finance.

Promise Leasing And Finance Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 58.73% decrease. The company also saw a substantial fall in profitability, with a 23.51% decrease in profit. The company's net worth observed a substantial decline by a decrease of 13.17%.

Promise Leasing And Finance revenue growth over time
Promise Leasing And 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
********
 -58.73%
*******
*******
*******
*******
Revenue from Operations
*******
 -58.73%
*******
*******
*******
*******
Total Assets
*******
 -20.23%
*******
*******
*******
*******
Profit or Loss
*******
 -23.51%
*******
*******
*******
*******
Net Worth
*******
 -13.17%
*******
*******
*******
*******
EBITDA
*******
 -99.43%
*******
*******
*******
*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Promise Leasing And Finance?

In 2017, Promise Leasing And Finance had a promoter holding of 99.98% and a public holding of 0.02%. 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

Reveal ownership structures and financial performance - Get instant access now!

How Many Employees Work at Promise Leasing And Finance?

Unlock and access historical data on people associated with Promise Leasing And Finance, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

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 Promise Leasing And 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 Promise Leasing And 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.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Promise Leasing And Finance
Recent Activity within the Organization
  • Annual General Meeting

    Promise Leasing And Finance Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Promise Leasing And Finance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh. was completed.

  • Director Appointment

    The activity Davinder Singh was appointed as a Director was appointed as a Director on 06 Apr 2000 & has been associated with this company since 25 years 11 months . was completed.

  • Director Appointment

    The activity Parminder Singh was appointed as a Director was appointed as a Director on 10 Mar 1997 & has been associated with this company since 29 years 3 days . was completed.

  • Director Appointment

    Gurbax Singh was appointed as a Director was appointed as a Director on 10 Mar 1997 & has been associated with this company since 29 years 3 days . was recorded as a recent event.

  • Director Appointment

    Progress on Harpreet Kaur was appointed as a Director was appointed as a Director on 10 Mar 1997 & has been associated with this company since 29 years 3 days . was documented.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Promise Leasing And Finance Private Limited?

The CIN of Promise Leasing And Finance Private Limited is U65910CH1997PTC019553.

Where is Promise Leasing And Finance Private Limited headquartered?

Promise Leasing And Finance Private Limited is headquartered at Sco 7 Iind Floormadhya Marg Sector 7C Chandigarh, Ut, Chandigarh.

When was Promise Leasing And Finance Private Limited incorporated?

Promise Leasing And Finance Private Limited was incorporated on 10 March 1997.

Who are the current directors of Promise Leasing And Finance Private Limited?

The current directors of Promise Leasing And Finance Private Limited are

What is the primary industry of Promise Leasing And Finance Private Limited?

The primary industry of Promise Leasing And Finance Private Limited is Financial Services.

Is Promise Leasing And Finance Private Limited a listed company?

Promise Leasing And Finance Private Limited is unlisted.

What is the capital structure of Promise Leasing And Finance Private Limited?

The authorized capital of Promise Leasing And Finance Private Limited is ₹2.25 Cr, and the paid-up capital is ₹4.95 M.

What is the compliance status of Promise Leasing And Finance Private Limited?

The compliance status of Promise Leasing And Finance Private Limited is Compliant.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available