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 as per MCA records.
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
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
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
Simandhar Finance Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSimandhar Avenue 8 Kailashsociety Nr H K House Ashram Road, Ahmedabad, Gujarat, India – 380014
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Simandhar Finance Limited, buy the company report.
Comprehensive company report
Simandhar 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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Business activity
The main business activity of Simandhar Finance 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 Simandhar Finance Limited, buy the company report.
Financials of Simandhar Finance Limited
FY 2025 filings availableSimandhar 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)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹63 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹42.2 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| 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) | |||||
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To see the full financial statements and ratios of Simandhar Finance Limited, buy the company report.
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
Simandhar Finance Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Finance, NBFC Investment and Credit Companies, Small 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 |
|---|---|---|---|---|---|---|
| Scionara Finvest Pvt Ltd | ₹93.13 Lakh (FY 2025) | -36.0% | Kolkata, West Bengal, India | |||
| Opg Metals Finsec Limited. | ₹93.06 Lakh (FY 2025) | 458.0% | New Delhi, Delhi, India | |||
| Simandhar Finance Limitedthis company | ₹93.02 Lakh (FY 2025) | ₹42.2 Lakh | 45.4% | 11.0% | Ahmedabad, Gujarat, 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 |
To see the full peer comparison of Simandhar Finance Limited, buy the company report.
Auditor
Simandhar Finance Limited is audited by Jain Princy & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Jain Princy & Associates | FY 2023 | 435304 |
Shareholding
The shareholding of Simandhar Finance 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 Simandhar Finance Limited, buy the company report.
Charges & borrowings
Open charges
₹2.87 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Mar 2024 | 100883766 | Others | ₹1.6 Cr | Open | |
| 29 Oct 2021 | 100498951 | Axis Bank Limited | ₹76.5 Lakh | Open | |
| 22 Jan 1997 | 90107600 | Dena Bank | ₹50 Lakh | Open |
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Simandhar Finance Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Simandhar Finance Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
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
GST
No GST registration is on our record for Simandhar Finance Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
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 in the company report.
Frequently asked questions
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 has 4 current directors:
- Subhashbhai Nathalal Shah - Managing Director
- Manubhai Ratilal Shah - Director
- Hiral Alpeshbhai Shah - Director
- Alpesh Subhashbhai Shah - Director
The latest financial statements of Simandhar Finance 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.
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 as per MCA records.
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 Scionara Finvest Pvt Ltd, Opg Metals Finsec Limited, Addies Innovations Private Limited, Vastu Finserve India Private Limited, all in the BFSI industry (Finance, NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
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).
The registered office of Simandhar Finance is at Simandhar Avenue 8 Kailashsociety Nr H K House Ashram Road, Ahmedabad, Gujarat, India – 380014.
Simandhar Finance operates in the financial services industry, in the nbfc segment.