MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0090415
Simandhar Finlease Private Limited
Simandhar Finlease Private Limited - financial services in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.12 Cr
▲ 5% YoY
Net profit · FY 2025
₹31.21 Lakh
Net margin 10%
EBITDA · FY 2025
₹1.2 Cr
EBITDA margin 38.4%
Authorised capital
₹7 Cr
Registered with MCA
Paid-up capital
₹6.6 Cr
Issued & subscribed
Company age
10 yrs
Est. 2016
Employees · EPFO
29
Provident fund records
Directors on board
2
As per MCA filings
About Simandhar Finlease Private Limited
Data last updated:
Simandhar Finlease Private Limited is a private 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 22 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U67100GJ2016PTC093043. Its GSTIN is 24AAXCS3659M1ZF (Gujarat).
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹6.6 Cr. It is led by directors Gunjan Vijaybhai Mehta and Girishkumar Amrutlal Bhandari.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ratnaraj Spring Nr. Hdfc Bank Jain Derasar Road Mithakhali, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.12 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹31.21 Lakh (net margin 10%) and EBITDA of ₹1.2 Cr (EBITDA margin 38.4%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 7% over five years.
The company has about 29 employees on its provident fund (EPFO) records.
Court records list 338 cases involving the company, including 335 filed by the company and 3 filed against it; 264 cases are pending.
Simandhar Finlease Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0090415). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U67100GJ2016PTC093043
Registration Number 093043
Incorporation Date 22 July 2016
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0090415
Recognitions & Rankings of Simandhar Finlease
Contact details
Simandhar Finlease Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered AddressRatnaraj Spring Nr. Hdfc Bank Jain Derasar Road Mithakhali, Ahmedabad, Gujarat, India – 380009
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Simandhar Finlease Private Limited, buy the company report.
Comprehensive company report
Simandhar Finlease Private 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Simandhar Finlease 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 Finlease Private Limited, buy the company report.
Financials of Simandhar Finlease Private Limited
FY 2024 filings availableSimandhar Finlease Private Limited reported revenue of ₹3.12 Cr (up 5% YoY) for FY 2025.
Revenue · FY 2025
₹3.12 Cr ▲ 5%
Net profit · FY 2025
₹31.21 Lakh margin 10%
EBITDA · FY 2025
₹1.2 Cr margin 38.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 12%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 16%
5 years · compounded
▲ 1%
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 5% growth in the latest year. EBITDA fell 7% 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 | ₹1.2 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹31.21 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 38.4% | ||||
| Net Profit Margin | 10% | ||||
| 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 Simandhar Finlease Private Limited, buy the company report.
Board of directors of Simandhar Finlease Private Limited
Simandhar Finlease has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gunjan Vijaybhai Mehta | Director | 22 Jul 2016 | 10 Years 3 Months | Current |
| Girishkumar Amrutlal Bhandari Also directs: Sunrise Finlease Limited, Vardan Finlease Limited, Shanti Suri Securities Pvt Ltd and 1 more | Director | 22 Jul 2016 | 10 Years 3 Months | Current |
Peer comparison
Simandhar Finlease Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (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 |
|---|---|---|---|---|---|---|
| Naini Fincap Ltd | ₹3.14 Cr (FY 2025) | -12.0% | New Delhi, Delhi, India | |||
| Garbi Finvest Limited | ₹3.13 Cr (FY 2019) | 108.0% | Mumbai, Maharashtra, India | |||
| Simandhar Finlease Private Limitedthis company | ₹3.12 Cr (FY 2025) | ₹31.21 Lakh | 10% | 5.0% | 29 | Ahmedabad, Gujarat, India |
| Shree Securities Ltd. | ₹3.11 Cr (FY 2019) | 2.0% | Kolkata, West Bengal, India | |||
| BMW Holdings Private Limited | ₹3.11 Cr (FY 2022) | 36.0% | New Delhi, Delhi, India |
To see the full peer comparison of Simandhar Finlease Private Limited, buy the company report.
Auditor
Simandhar Finlease Private Limited is audited by KGVakharia& Co for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KGVakharia& Co | FY 2022 | 117022W |
Shareholding
The shareholding of Simandhar Finlease 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 Simandhar Finlease Private Limited, buy the company report.
Legal cases
Simandhar Finlease Private Limited has 338 court cases on record: 335 filed by Simandhar Finlease, 3 filed against it. 264 cases are pending and 74 are disposed.
Total cases
338
Filed by the company
335
Filed against the company
3
Pending
264
Disposed
74
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 337 | 3 | 264 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 338)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (CR A) | Filed against the company | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
To see the full case history of Simandhar Finlease 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 Simandhar Finlease Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Simandhar Finlease Private Limited has a workforce of 29 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
29
Active EPFO establishments
1
GST
Simandhar Finlease has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAXCS3659M1ZF | Gujarat | Active | 01 Jan 2018 |
To see the full GST registrations and return filing status of Simandhar Finlease Private Limited, buy the company report.
Recent activity
Simandhar Finlease Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Girishkumar Amrutlal Bhandari was appointed as Director on 22 Jul 2016.
AGM
Simandhar Finlease Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Simandhar Finlease Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Appointed
Girishkumar Amrutlal Bhandari was appointed as Director.
Appointed
Gunjan Vijaybhai Mehta was appointed as Director.
Incorporation
22 Jul 2016
Simandhar Finlease Private Limited was registered on 22 Jul 2016 with Roc Ahmedabad & aged 10 years 3 months as per MCA records.
Frequently asked questions
Simandhar Finlease is an active private limited company based in Ahmedabad, Gujarat, India. The company works in nbfc, within the financial services industry. It was incorporated on 22 July 2016 (10+ years old) and is registered under CIN U67100GJ2016PTC093043.
Simandhar Finlease has 2 current directors:
- Gunjan Vijaybhai Mehta - Director
- Girishkumar Amrutlal Bhandari - Director
The latest financial statements of Simandhar Finlease on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Simandhar Finlease is 24AAXCS3659M1ZF, registered in Gujarat.
The CIN (Corporate Identification Number) of Simandhar Finlease is U67100GJ2016PTC093043. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Simandhar Finlease has 338 court cases on record: 335 filed by the company and 3 filed against it. 264 are pending. Most are in the district courts.
Simandhar Finlease was incorporated on 22 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Simandhar Finlease by revenue are Naini Fincap Ltd, Garbi Finvest Limited, Shree Securities Ltd, BMW Holdings Private Limited, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Girishkumar Amrutlal Bhandari was appointed as Director on 22 Jul 2016. Gunjan Vijaybhai Mehta was appointed as Director on 22 Jul 2016.
Yes, Simandhar Finlease is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0090415).
The registered office of Simandhar Finlease is at Ratnaraj Spring Nr. Hdfc Bank Jain Derasar Road Mithakhali, Ahmedabad, Gujarat, India – 380009.