About Sarala Development & Microfinance Private Limited
Data last updated:
Sarala Development & Microfinance Private Limited is a private limited company based in Howrah, West Bengal, India, a subsidiary of Sarala Women Welfare Society. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 07 April 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U65910WB1992PTC055152. Its GSTIN is 19AAACU4108J1ZB (West Bengal).
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹14.4 Cr. It was formerly known as Unnati Trade & Fincon Pvt Ltd. It is led by directors including Pranab Rakshit (Managing Director) and Gautam Mukhopadhyay.
Its last annual general meeting (AGM) was held on 12 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 184 Andul Station Road Jhorehat, Howrah, West Bengal, India – 711302.
As per the financials filed for FY 2025, the company reported a revenue of ₹29.13 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net loss of ₹5.13 Cr (net margin -17.6%) and EBITDA of ₹87.26 Lakh (EBITDA margin 3%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 11% over five years.
The company has about 335 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sarala. As per MCA filings, the company has open charges of ₹31.5 Cr and satisfied charges of ₹638.21 Cr on record. Court records list 123 cases involving the company, including 42 filed by the company and 81 filed against it; 26 cases are pending. The company has 15 deals on record (10 secondary share transfers, 2 acquisitions, 2 rights issues), with disclosed funding of ₹1.13 Cr; the latest was in March 2018. Its 5 peer companies in the BFSI industry (Large NBFC, Micro Finance Institutions, Mid Sized Non Deposit NBFC), with the same principal business activity (other financial activities) are compared by revenue, 2 larger and 3 smaller; the largest is Ghosh Financiers & Marketiers Pvt Ltd with revenue of ₹29.2 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 sarala.co.in.
Company details
Contact details
Sarala Development & Microfinance Private Limited's registered office is in Howrah, West Bengal. Its website is sarala.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address184 Andul Station Road Jhorehat, Howrah, West Bengal, India – 711302
- IndustryFinancial Services, NBFC, Microfinance Institutions
To see the full contact details of Sarala Development & Microfinance Private 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
Brands
Sarala Development & Microfinance operates one associated brand: Sarala. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Microcredit and savings services are offered to low-income individuals. | sarala.co.in |
Business activity
The main business activity of Sarala Development & Microfinance is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Sarala Development & Microfinance Private Limited, buy the company report.
Financials of Sarala Development & Microfinance Private Limited
FY 2025 filings availableSarala Development & Microfinance Private Limited reported revenue of ₹29.13 Cr (down 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 5% fall in the latest year. EBITDA fell 88% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹87.26 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.13 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3% | ||||
| Net Profit Margin | -17.6% | ||||
| 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 Sarala Development & Microfinance Private Limited, buy the company report.
Board of directors of Sarala Development & Microfinance Private Limited
Sarala Development & Microfinance has 6 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rupali Kalita Also directs: Prachodhan Development Services | Additional Director | 21 Nov 2024 | 1 Years 11 Months | Current |
| Gautam Mukhopadhyay | Director | 05 Sep 2020 | 6 Years 1 Months | Current |
| Pranab Rakshit | Managing Director | 22 Jun 2009 | 17 Years 4 Months | Current |
| Maitrayee Banerjee Also directs: Pet Stop Boyz Private Limited | Director | 15 Sep 2018 | 8 Years 1 Months | Current |
| Pradip Kumar Saha Also directs: Bandhan Mutual Fund Trustee Limited | Director | 30 Nov 2021 | 4 Years 10 Months | Current |
| Biswa Bandhu Mohanty | Nominee Director | 27 Nov 2025 | 0 Years 11 Months | Current |
Peer comparison
Sarala Development & Microfinance Private Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Large NBFC, Micro Finance Institutions, Mid Sized Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ghosh Financiers & Marketiers Pvt Ltd | ₹29.2 Cr (FY 2025) | 73.0% | Kolkata, West Bengal, India | |||
| Vivog Commercial Ltd. | ₹29.18 Cr (FY 2025) | -42.0% | Mumbai, Maharashtra, India | |||
| Sarala Development & Microfinance Private Limitedthis company | ₹29.13 Cr (FY 2025) | -₹5.13 Cr | -17.6% | -5.0% | 335 | Howrah, West Bengal, India |
| Setia Auto Finance Private Limited | ₹28.9 Cr (FY 2025) | 54.0% | Jaipur, Rajasthan, India | |||
| Sil Investments Limited | ₹28.76 Cr (FY 2019) | -84.0% | Jhalawar, Rajasthan, India | |||
| Lucky Holdings Private Limited | ₹28.44 Cr (FY 2019) | 125.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Sarala Development & Microfinance Private Limited, buy the company report.
Auditor
Sarala Development & Microfinance Private Limited is audited by RAY & RAY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAY & RAY | FY 2023 | 301072E |
Shareholding
The shareholding of Sarala Development & Microfinance Private 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 Sarala Development & Microfinance Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Feb 2025 | 101058975 | Others | ₹2 Cr | Open | |
| 18 Feb 2025 | 101051801 | Others | ₹2 Cr | Open | |
| 16 Nov 2024 | 101003543 | Others | ₹2 Cr | Open | |
| 15 Jul 2024 | 100956017 | Others | ₹5 Cr | Open | |
| 27 Mar 2024 | 100887123 | Others | ₹1 Cr | Open |
To see the full charge records of Sarala Development & Microfinance Private Limited, buy the company report.
Total charge records: 99 View all charges
Deals & funding
Sarala Development & Microfinance Private Limited has 15 deals on record (10 secondary share transfers, 2 acquisitions, 2 rights issues), with disclosed funding of ₹1.13 Cr; the latest was in March 2018.
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Rights issue | ₹2.65 Cr | Investors: Sarala Women Welfare Society , Sarala Healthcare Private Limited , 2 individuals |
| Aug 2016 | Rights issue | ₹3.49 Cr | Investors: Sarala Women Welfare Society , Sarala Healthcare Private Limited , 2 individuals |
| Dec 2014 | Acquisition | ₹8 Cr | Buyer: Sarala Women Welfare Society |
| Mar 2013 | Funding round | ₹1.13 Cr | Investors: Sarala Women Welfare Society , Sarala Healthcare Private Limited |
| Aug 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Sarala Women Welfare Society |
To see the full deal history of Sarala Development & Microfinance Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sarala Development & Microfinance Private Limited has 123 court cases on record: 42 filed by Sarala Development & Microfinance, 81 filed against it. 26 cases are pending and 97 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 104 | 67 | 16 |
| High courts | 18 | 13 | 10 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 123)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chengalpattu, Tamil Nadu | Execution petition | Filed against the company by Growxcd Finance Private Limited | Pending |
| District court, Alappuzha, Kerala | Criminal case | Filed against the company by M/S Maveli Nidhi Limited Rep by Its Director Baburaj Bhaskaran | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Credit Access Grameen Ltd | Pending |
| District court, Ranipet, Tamil Nadu | Motor accident claim | Filed by the company against Axis Carriers Logistics Limited | Pending |
| District court, Chennai, Tamil Nadu | Motor accident claim | Filed by the company against Sri Lalitha Enterprises Industries Pvt Ltd and 1 other | Pending |
To see the full case history of Sarala Development & Microfinance Private 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 Sarala Development & Microfinance Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sarala Development & Microfinance Private Limited has a workforce of 335 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Sarala Development & Microfinance has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAACU4108J1ZB | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sarala Development & Microfinance Private Limited, buy the company report.
Recent activity
Sarala Development & Microfinance Private Limited has 23 board changes on record since 2007: 8 appointments and 15 cessations. The latest: Biswa Bandhu Mohanty was appointed as Nominee Director on 27 Nov 2025.
205 earlier events are in the company report.
Frequently asked questions
Sarala Development & Microfinance is an active private limited company based in Howrah, West Bengal, India. The company works in nbfc, within the financial services industry. It was incorporated on 07 April 1992 (34+ years old) and is registered under CIN U65910WB1992PTC055152.
Sarala Development & Microfinance has 6 current directors:
- Pranab Rakshit - Managing Director
- Rupali Kalita - Additional Director
- Gautam Mukhopadhyay - Director
- Maitrayee Banerjee - Director
- Pradip Kumar Saha - Director
- Biswa Bandhu Mohanty - Nominee Director
The latest financial statements of Sarala Development & Microfinance on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 12 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sarala Development & Microfinance is 19AAACU4108J1ZB, registered in West Bengal.
The CIN (Corporate Identification Number) of Sarala Development & Microfinance is U65910WB1992PTC055152. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sarala Development & Microfinance has 123 court cases on record: 42 filed by the company and 81 filed against it. 26 are pending. Most are in the district courts.
Sarala Development & Microfinance was incorporated on 07 April 1992, making it 34+ years old. It is registered with the Registrar of Companies, Kolkata.
Sarala Development & Microfinance has 15 deals on record (10 secondary share transfers, 2 acquisitions, 2 rights issues), with disclosed funding of ₹1.13 Cr; the latest was in March 2018.
The peers of Sarala Development & Microfinance by revenue are Ghosh Financiers & Marketiers Pvt Ltd, Vivog Commercial Ltd, Setia Auto Finance Private Limited, Sil Investments Limited, Lucky Holdings Private Limited, all in the BFSI industry (Large NBFC, Micro Finance Institutions, Mid Sized Non Deposit NBFC), with the same principal business activity (other financial activities).
Biswa Bandhu Mohanty was appointed as Nominee Director on 27 Nov 2025. Rupali Kalita was appointed as Additional Director on 21 Nov 2024. Rahul Rungta ceased to be CFO on 31 Mar 2024. Sarala Development & Microfinance has 23 board changes on record in total.
Sarala Development & Microfinance can be reached through the website sarala.co.in. Its registered office is in Howrah, West Bengal, India.