MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-09-0010116
Shomit Finance Limited - real estate and construction in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹13.9 Cr
▼ 67% YoY
Net profit · FY 2021
₹2.98 Lakh
Net margin 0.2%
EBITDA · FY 2021
₹1.23 Cr
EBITDA margin 8.9%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹99.88 Lakh
Issued & subscribed
Open charges
₹25.93 Cr
Satisfied ₹49.48 Cr
Company age
32 yrs
Est. 1994
Employees · EPFO
4
Provident fund records
About Shomit Finance Limited
Data last updated:
Shomit Finance Limited is a public limited company based in New Delhi, Delhi, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 21 December 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U70100DL1994PLC063687. Its GSTIN is 07AAACS3294F2ZD (Delhi). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹99.88 Lakh. It is led by directors including Ankit Aggarwal (Whole-Time Director) and Dinkar Kumar Giri.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Stilt Floor Devika Tower 6 Nehru Place, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2021, the company reported a revenue of ₹13.9 Cr, a decline of 67% compared to the previous year. For the same year it recorded a net profit of ₹2.98 Lakh (net margin 0.2%) and EBITDA of ₹1.23 Cr (EBITDA margin 8.9%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years and 18% over five years.
The company has about 4 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Devika Group. As per MCA filings, the company has open charges of ₹25.93 Cr and satisfied charges of ₹49.48 Cr on record. Court records list 51 cases involving the company, including 23 filed by the company and 28 filed against it; 18 cases are pending.
Shomit Finance Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-09-0010116). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pragatigroup.in.
Company details
CIN U70100DL1994PLC063687
Registration Number 063687
Incorporation Date 21 December 1994
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-DL-09-0010116
CIN history
Shomit Finance has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U70100DL1994PLC063687, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70100DL1994PLC063687 | Current |
| U74899DL1994PTC063687 | Previous |
| U74899DL1994PLC063687 | Previous |
Recognitions & Rankings of Shomit Finance
Contact details
Shomit Finance Limited's registered office is in New Delhi, Delhi. Its website is pragatigroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressStilt Floor Devika Tower 6 Nehru Place, New Delhi, Delhi, India – 110019
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Shomit Finance Limited, buy the company report.
Comprehensive company report
Shomit Finance Limited - one report that includes everything
- 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
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Brands
Shomit Finance operates one associated brand: Devika Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Devika Group specializes in real estate development, delivering a range of residential and commercial projects. | devikagroup.com |
Business activity
The main business activity of Shomit Finance is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Shomit Finance Limited, buy the company report.
Financials of Shomit Finance Limited
FY 2023 filings availableShomit Finance Limited reported revenue of ₹13.9 Cr (down 67% YoY) for FY 2021.
Revenue · FY 2021
₹13.9 Cr ▼ 67%
Net profit · FY 2021
₹2.98 Lakh margin 0.2%
EBITDA · FY 2021
₹1.23 Cr margin 8.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 67%
3 years · compounded
▼ 26%
5 years · compounded
▼ 18%
EBITDA CAGR growth
1 year
▼ 52%
3 years · compounded
▲ 36%
5 years · compounded
▼ 17%
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years, including a 67% fall in the latest year. EBITDA fell 52% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹13.9 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.23 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.98 Lakh | ||||
| 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.9% | ||||
| Net Profit Margin | 0.2% | ||||
| 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 Shomit Finance Limited, buy the company report.
Board of directors of Shomit Finance Limited
Shomit Finance has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankit Aggarwal | Whole-Time Director | 30 Sep 2006 | 20 Years 1 Months | Current |
| Dinkar Kumar Giri Also directs: Crummys Food and Beverages Private Limited, Pragati Impex India Private Limited, Devika Gold Homz Private Limited and 5 more | Director | 15 Jul 2022 | 4 Years 3 Months | Current |
| Deepak | Director | 30 Sep 2024 | 2 Years 1 Months | Current |
Peer comparison
Shomit Finance Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers, Finance), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tarangan Infraventures Private Limited | ₹13.9 Cr (FY 2023) | -16.0% | Nagpur, Maharashtra, India | |||
| Shomit Finance Limitedthis company | ₹13.9 Cr (FY 2021) | ₹2.98 Lakh | 0.2% | -67.0% | 4 | New Delhi, Delhi, India |
| Abcz Buildcon Private Limited | ₹13.89 Cr (FY 2018) | -11.0% | Delhi, India | |||
| Ramprastha NXT Projects Private Limited | ₹13.89 Cr (FY 2025) | 579.0% | New Delhi, Delhi, India | |||
| Saboori Developers & Promoters Private Limited | ₹13.88 Cr (FY 2025) | -39.0% | Nw Delhi, Delhi, India |
To see the full peer comparison of Shomit Finance Limited, buy the company report.
Auditor
Shomit Finance Limited is audited by AVVS AND ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AVVS AND ASSOCIATES | FY 2021 | 035392N |
Shareholding
The shareholding of Shomit Finance 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 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shomit Finance Limited, buy the company report.
Charges & borrowings
Open charges
₹25.93 Cr
Satisfied charges
₹49.48 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Nov 2024 | 101009449 | Others | ₹25 Cr | Open | |
| 12 Dec 2019 | 100318315 | Others | ₹93.1 Lakh | Open | |
| 27 Jun 2019 | 100271249 | Others | ₹7.5 Cr | Satisfied | |
| 25 Sep 2018 | 100230102 | Others | ₹4.5 Cr | Satisfied | |
| 23 Oct 2017 | 100145714 | Others | ₹50 Lakh | Satisfied |
To see the full charge records of Shomit Finance Limited, buy the company report.
Total charge records: 15 View all charges
Legal cases
Shomit Finance Limited has 51 court cases on record: 23 filed by Shomit Finance, 28 filed against it. 18 cases are pending and 33 are disposed.
Total cases
51
Filed by the company
23
Filed against the company
28
Pending
18
Disposed
33
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 28 | 21 | 12 |
| High courts | 15 | 4 | 5 |
| NCLAT | 7 | 3 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 51)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Civil suit | Filed against the company by M/S Kad Housing Pvt Ltd | Disposed |
| District court, New Delhi, Delhi | Civil suit | Filed by the company against Shreyans Motors Pvt. Ltd. and Anr. | Disposed |
| High Court of Delhi | Court case (CS(OS)) | Filed by the company against Shreyans Motors Pvt Ltd & Anr | Disposed |
| District court, Central, Delhi | Commercial suit | Filed against the company by an individual | Pending |
| District court, Central, Delhi | Cheque dishonour complaint | Filed against the company by an individual | Pending |
To see the full case history of Shomit Finance 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
Shomit Finance Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 7 overdue payments to 2 micro and small suppliers. 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Dinesh Sanitary House | |||
| an individual supplier |
To see the full MSME payment records of Shomit Finance Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Shomit Finance has 2 subsidiary companies and 2 associated companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
2
Subsidiary companies
2
Associated companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Devika Gold Homz Private Limited | U45400DL2007PTC170726 | |
| Ankit Leasing and Finance Company Limited | U65910DL1985PLC022873 |
To see the full group structure of Shomit Finance Limited, buy the company report.
Employees & EPFO
Shomit Finance Limited has a workforce of 4 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
4
Active EPFO establishments
1
GST
Shomit Finance has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACS3294F2ZD | Delhi | Active | 27 Aug 2022 |
| 09AAACS3294F1ZA | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shomit Finance Limited, buy the company report.
Recent activity
Shomit Finance Limited has 13 board changes on record since 2006: 3 appointments and 10 cessations. The latest: Deepak was appointed as Director on 30 Sep 2024.
Charges
A charge with Others amounted to Rs. 25.00 Cr with Charge ID 101009449 was registered on 21 Nov 2024.
Appointed
Deepak was appointed as Director.
AGM
Shomit Finance Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Shomit Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.
Ceased
Dinkar Kumar Giri ceased to be Additional Director.
Appointed
Dinkar Kumar Giri was appointed as Director.
Charges
A charge registered on 20 Apr 2016 via Charge ID 100027201 with Others was fully satisfied on 17 Jun 2022.
Charges
A charge registered on 20 Apr 2016 via Charge ID 100027199 with Others was fully satisfied on 17 Jun 2022.
Charges
A charge registered on 31 Jul 2015 via Charge ID 10586028 with Indiabulls Housing Finance Limited was fully satisfied on 08 Apr 2022.
Charges
A charge registered on 01 Apr 2015 via Charge ID 10566648 with Indiabulls Housing Finance Limited was fully satisfied on 08 Apr 2022.
Charges
A charge registered on 23 Oct 2017 via Charge ID 100145714 with Others was fully satisfied on 19 May 2021.
Charges
A charge registered on 23 Aug 2017 via Charge ID 100122950 with Others was fully satisfied on 19 May 2021.
32 earlier events are in the company report.
Frequently asked questions
Shomit Finance is an active public limited company based in New Delhi, Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 21 December 1994 (32+ years old) and is registered under CIN U70100DL1994PLC063687.
Shomit Finance has 3 current directors:
- Ankit Aggarwal - Whole-Time Director
- Dinkar Kumar Giri - Director
- Deepak - Director
The latest financial statements of Shomit Finance on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Shomit Finance is 07AAACS3294F2ZD, registered in Delhi. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 09AAACS3294F1ZA (Uttar Pradesh).
The CIN (Corporate Identification Number) of Shomit Finance is U70100DL1994PLC063687. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shomit Finance has 51 court cases on record: 23 filed by the company and 28 filed against it. 18 are pending. Most are in the district courts.
Shomit Finance was incorporated on 21 December 1994, making it 32+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Shomit Finance by revenue are Tarangan Infraventures Private Limited, Abcz Buildcon Private Limited, Ramprastha NXT Projects Private Limited, Saboori Developers & Promoters Private Limited, all in the Real Estate industry (Builders and Developers, Finance), with the same principal business activity (buildings).
Deepak was appointed as Director on 30 Sep 2024. Dinkar Kumar Giri ceased to be Additional Director on 29 Sep 2022. Dinkar Kumar Giri was appointed as Director on 15 Jul 2022. Shomit Finance has 13 board changes on record in total.
Yes, Shomit Finance is registered as a small enterprise under Udyam registration (number: UDYAM-DL-09-0010116).
Shomit Finance has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 7 overdue payments to 2 micro and small suppliers. The latest return was filed on 08 Jun 2019.
Shomit Finance can be reached through the website pragatigroup.in. Its registered office is in New Delhi, Delhi, India.
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