
Shiva Hirelease Limited
About Shiva Hirelease Limited
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Shiva Hirelease Limited is a public limited company based in New Delhi, Delhi, India. It operates in the asset financing companies segment of the financial services sector. It was incorporated on 13 August 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U65921DL1987PLC357005. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.8 Cr. It was formerly known as Pawan Advances & Deposits Private Limited. It is led by directors including Ritu Uppal and Kanupriya Sharma.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Shop No. 25 First Floor Block No. 11 & 12 Dakshin Puri Extn, New Delhi, Delhi, India – 110062.
As per the financials filed for FY 2024, the company reported a revenue of ₹22.93 Lakh, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹2.47 Lakh (net margin 10.8%) and EBITDA of ₹3.49 Lakh (EBITDA margin 15.2%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years and 1% over five years.
As per MCA filings, the company has satisfied charges of ₹4 Lakh on record. Court records list 48 cases involving the company, including 44 filed by the company and 4 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Shiva Hirelease has one previous CIN (Corporate Identification Number): U65921PB1987PLC007601. The current CIN is U65921DL1987PLC357005, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65921DL1987PLC357005 | Current |
| U65921PB1987PLC007601 | Previous |
Contact details
Shiva Hirelease Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No. 25 First Floor Block No. 11 & 12 Dakshin Puri Extn, New Delhi, Delhi, India – 110062
- IndustryFinancial Services, Asset Financing Companies, Investment & Credit NBFC, NBFC
To see the full contact details of Shiva Hirelease 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 Shiva Hirelease is financial and insurance service. In detail, this covers financial and credit leasing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K5 | Financial and Credit leasing activities |
To see the full business activity and turnover split of Shiva Hirelease Limited, buy the company report.
Financials of Shiva Hirelease Limited
FY 2025 filings availableShiva Hirelease Limited reported revenue of ₹22.93 Lakh (down 20% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 20% fall in the latest year. EBITDA fell 2% 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 | ₹3.49 Lakh | ||||
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| Net Profit (PAT) | ₹2.47 Lakh | ||||
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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 | 15.2% | ||||
| Net Profit Margin | 10.8% | ||||
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To see the full financial statements and ratios of Shiva Hirelease Limited, buy the company report.
Board of directors of Shiva Hirelease Limited
Shiva Hirelease has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ritu Uppal | Director | 03 Mar 2016 | 10 Years 8 Months | Current |
| Kanupriya Sharma | Director | 21 Mar 2017 | 9 Years 7 Months | Current |
| Akash Uppal | Director | 21 Mar 2017 | 9 Years 7 Months | Current |
Auditor
Shiva Hirelease Limited is audited by H K G & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H K G & Associates | FY 2022 | 023526N |
Shareholding
The shareholding of Shiva Hirelease Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shiva Hirelease Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Jan 2010 | 10200045 | Punjab National Bank. | ₹4 Lakh | Satisfied |
To see the full charge records of Shiva Hirelease Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Shiva Hirelease Limited has 48 court cases on record: 44 filed by Shiva Hirelease, 4 filed against it. 3 cases are pending and 45 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 48 | 4 | 3 |
Cases on record (5 of 48)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South, Delhi | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, South, Delhi | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, South, Delhi | Criminal case | Filed by the company against an individual | Pending |
| District court, North, Delhi | Arbitration matter | Filed by the company against an individual | Disposed |
| District court, North, Delhi | Arbitration matter | Filed by the company against an individual | Disposed |
To see the full case history of Shiva Hirelease 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
Shiva Hirelease Limited has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 14 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sameer Mittal & Associates LLP |
To see the full MSME payment records of Shiva Hirelease Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Shiva Hirelease has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Shiva Hirelease Limited, buy the company report.
Recent activity
Shiva Hirelease Limited has 9 board changes on record since 2006: 3 appointments and 6 cessations. The latest: Akash Uppal ceased to be Additional Director on 30 Sep 2017.
2 earlier events are in the company report.
Frequently asked questions
Shiva Hirelease is an active public limited company based in New Delhi, Delhi, India. The company works in asset financing companies, within the financial services industry. It was incorporated on 13 August 1987 (39+ years old) and is registered under CIN U65921DL1987PLC357005.
Shiva Hirelease has 3 current directors:
- Ritu Uppal - Director
- Kanupriya Sharma - Director
- Akash Uppal - Director
The latest financial statements of Shiva Hirelease on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Shiva Hirelease has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Shiva Hirelease is U65921DL1987PLC357005. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shiva Hirelease has 48 court cases on record: 44 filed by the company and 4 filed against it. 3 are pending.
Shiva Hirelease was incorporated on 13 August 1987, making it 39+ years old. It is registered with the Registrar of Companies, Delhi.
Akash Uppal ceased to be Additional Director on 30 Sep 2017. Kanupriya Sharma ceased to be Additional Director on 30 Sep 2017. Mahesh Gupta ceased to be Director on 22 Mar 2017. Shiva Hirelease has 9 board changes on record in total.
Shiva Hirelease has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 14 overdue payments to 1 micro and small supplier. The latest return was filed on 12 May 2020.
The registered office of Shiva Hirelease is at Shop No. 25 First Floor Block No. 11 & 12 Dakshin Puri Extn, New Delhi, Delhi, India – 110062.
Shiva Hirelease operates in the financial services industry, in the asset financing companies segment.

