MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0087461
Simandhar Finance Limited
Simandhar Finance Limited - financial services in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹93.02 Lakh
▲ 11% YoY
Net profit · FY 2025
₹42.2 Lakh
Net margin 45.4%
EBITDA · FY 2025
₹63 Lakh
EBITDA margin 67.7%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹3.35 Cr
Issued & subscribed
Open charges
₹2.87 Cr
Secured borrowings
Company age
31 yrs
Est. 1995
Directors on board
4
As per MCA filings
About Simandhar Finance Limited
Data last updated:
Simandhar Finance Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 10 January 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L65910GJ1995PLC024158. It is a listed company.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.35 Cr. It is led by directors including Subhashbhai Nathalal Shah (Managing Director) and Manubhai Ratilal Shah.
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 Simandhar Avenue 8 Kailashsociety Nr H K House Ashram Road, Ahmedabad, Gujarat, India – 380014.
As per the financials filed for FY 2025, the company reported a revenue of ₹93.02 Lakh, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹42.2 Lakh (net margin 45.4%) and EBITDA of ₹63 Lakh (EBITDA margin 67.7%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 10% over five years.
As per MCA filings, the company has open charges of ₹2.87 Cr on record.
Simandhar Finance Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0087461). The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Simandhar Finance Limited
CIN L65910GJ1995PLC024158
Registration Number 024158
Incorporation Date 10 January 1995
ROC Ahmedabad
Listing Status Listed
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0087461
CIN History of Simandhar Finance Limited
Simandhar Finance has one previous CIN (Corporate Identification Number): U65910GJ1995PLC024158. The current CIN is L65910GJ1995PLC024158, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L65910GJ1995PLC024158 | Current |
| U65910GJ1995PLC024158 | Previous |
Key People
Subhashbhai Nathalal Shah Managing Director Manubhai Ratilal Shah Director Hiral Alpeshbhai Shah Director Recognitions & Rankings of Simandhar Finance
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressSimandhar Avenue 8 Kailashsociety Nr H K House Ashram Road, Ahmedabad, Gujarat, India – 380014
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
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Business Activity of Simandhar Finance Limited
The main business activity of Simandhar Finance is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
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Financials of Simandhar Finance Limited FY 2025 filings available
Simandhar Finance Limited reported revenue of ₹93.02 Lakh (up 11% YoY) for FY 2025.
Revenue · FY 2025
₹93.02 Lakh ▲ 11%
Net profit · FY 2025
₹42.2 Lakh margin 45.4%
EBITDA · FY 2025
₹63 Lakh margin 67.7%
Compounded Annual Growth Rate (CAGR) of Simandhar Finance Limited
Revenue CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 4%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▲ 31%
3 years · compounded
▲ 28%
5 years · compounded
▲ 20%
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 11% growth in the latest year. EBITDA rose 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 of Simandhar Finance Limited
| 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 | ₹63 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹42.2 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 of Simandhar Finance Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 67.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 45.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Simandhar Finance are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
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Verified entity values are shown only after access is granted.
Board of Directors of Simandhar Finance Limited
Simandhar Finance has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subhashbhai Nathalal Shah Also directs: Simandhar Construction Private Limited | Managing Director | 10 Jan 1995 | 31 Years 9 Months | Current |
| Manubhai Ratilal Shah | Director | 06 Apr 2017 | 9 Years 6 Months | Current |
| Hiral Alpeshbhai Shah | Director | 01 Mar 2013 | 13 Years 7 Months | Current |
| Alpesh Subhashbhai Shah Also directs: Simandhar Construction Private Limited, Simandhar Estates Pvt Ltd | Director | 16 Apr 1998 | 28 Years 6 Months | Current |
Peer Comparison of Simandhar Finance Limited
Simandhar Finance Limited is compared with the companies closest to it by revenue in the BFSI industry (Finance, NBFC Investment and Credit Companies, Small Non Deposit NBFC). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Frigid Vyapaar Pvt Ltd | ₹93.14 Lakh (FY 2025) | •••• | •••• | -78.0% | •••• | Kolkata, West Bengal, India |
| Scionara Finvest Pvt Ltd | ₹93.13 Lakh (FY 2025) | •••• | •••• | -36.0% | •••• | Kolkata, West Bengal, India |
| Dimensional Finance Pvt Ltd | ₹93.13 Lakh (FY 2024) | •••• | •••• | -9.0% | •••• | Bangalore, Karnataka, India |
| Opg Metals Finsec Limited. | ₹93.06 Lakh (FY 2025) | •••• | •••• | 458.0% | •••• | New Delhi, Delhi, India |
| Avancer Finlease India Limited | ₹93.03 Lakh (FY 2024) | •••• | •••• | 4.0% | •••• | Punjab, India |
| Simandhar Finance Limited this company | ₹93.02 Lakh (FY 2025) | •••• | •••• | 11.0% | •••• | Ahmedabad, Gujarat, India |
| Equirus Finance Private Limited | ₹93 Lakh (FY 2025) | •••• | •••• | 29.0% | •••• | Mumbai, Maharashtra, India |
| BLSB Financial Services Private Limited | ₹92.82 Lakh (FY 2025) | •••• | •••• | 6.0% | •••• | New Delhi, Delhi, India |
| Noble Wealth Technologies Private Limited | ₹92.74 Lakh (FY 2025) | •••• | •••• | 227.0% | •••• | Bangalore, Karnataka, India |
| Addies Innovations Private Limited | ₹92.73 Lakh (FY 2025) | •••• | •••• | 16.0% | •••• | Delhi, India |
| Vastu Finserve India Private Limited | ₹92.69 Lakh (FY 2024) | •••• | •••• | -63.0% | •••• | Sewri, Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Simandhar Finance by revenue in the BFSI industry (Finance, NBFC Investment and Credit Companies, Small Non Deposit NBFC), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Simandhar Finance Limited
Simandhar Finance Limited is audited by Jain Princy & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Jain Princy & Associates | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Simandhar Finance Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
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Verified entity values are shown only after access is granted.
Charges & Borrowings of Simandhar Finance Limited
Open charges
₹2.87 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Mar 2024 | Others | ₹1.6 Cr | Open |
| 29 Oct 2021 | Axis Bank Limited | ₹76.5 Lakh | Open |
| 22 Jan 1997 | Dena Bank | ₹50 Lakh | Open |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Simandhar Finance Limited
Employment history and EPFO contributions of people linked to Simandhar Finance.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Simandhar Finance Limited
Simandhar Finance has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Associated companies
Recent Activity on Simandhar Finance Limited
Simandhar Finance Limited has 16 board changes on record since 1995: 10 appointments and 6 cessations. The latest: Kiranbhai Rasiklal Kamdar ceased to be Director on 01 Apr 2022.
AGM
Simandhar Finance Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Simandhar Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 1.60 Cr with Charge ID 100883766 was registered on 07 Mar 2024.
Ceased
Kiranbhai Rasiklal Kamdar ceased to be Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.77 Cr with Charge ID 100498951 was registered on 29 Oct 2021.
Appointed
Manubhai Ratilal Shah was appointed as Director.
Ceased
Rinku Subhashbhai Shah ceased to be Director.
Ceased
Surendrakumar Kanmal Jain ceased to be Director.
Ceased
Jigneshbhai Hasmukhlal Gandhi ceased to be Director.
Ceased
Sudhaben Subhashbhai Shah ceased to be Director.
Ceased
Tejas Shantilal Shah ceased to be Whole-Time Director.
Appointed
Hiral Alpeshbhai Shah was appointed as Director.
10 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Simandhar Finance Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by Simandhar Finance Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Simandhar Finance Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Simandhar Finance Limited
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MCA Filings & Documents of Simandhar Finance Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Simandhar Finance Limited
Simandhar Finance is an active public limited company based in Ahmedabad, Gujarat, India. The company works in nbfc, within the financial services industry. It was incorporated on 10 January 1995 (31+ years old) and is registered under CIN L65910GJ1995PLC024158.
Simandhar Finance reported revenue of ₹93.02 Lakh for FY 2025 (up 11% YoY).
Simandhar Finance has 4 current directors:
- Subhashbhai Nathalal Shah - Managing Director
- Manubhai Ratilal Shah - Director
- Hiral Alpeshbhai Shah - Director
- Alpesh Subhashbhai Shah - Director
Simandhar Finance reported a net profit of ₹42.2 Lakh (net margin 45.4%) and EBITDA of ₹63 Lakh (EBITDA margin 67.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Simandhar Finance is 4% over three years and 10% over five years. In the latest year (FY 2025) revenue rose 11%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Simandhar Finance is L65910GJ1995PLC024158. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes, Simandhar Finance is a listed company.
Simandhar Finance was incorporated on 10 January 1995, making it 31+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Simandhar Finance by revenue are Frigid Vyapaar Pvt Ltd, Scionara Finvest Pvt Ltd, Dimensional Finance Pvt Ltd, Opg Metals Finsec Limited, Avancer Finlease India Limited and 5 more, all in the BFSI industry (Finance, NBFC Investment and Credit Companies, Small Non Deposit NBFC).
Kiranbhai Rasiklal Kamdar ceased to be Director on 01 Apr 2022. Manubhai Ratilal Shah was appointed as Director on 06 Apr 2017. Rinku Subhashbhai Shah ceased to be Director on 06 Apr 2017. Simandhar Finance has 16 board changes on record in total.
Yes, Simandhar Finance is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0087461).