About Tristar Leasing Private Limited
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Tristar Leasing Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the ride-hailing services segment of the transport and logistics sector. It was incorporated on 22 November 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51502MH2004PTC149628. Its GSTIN is 27AABCJ4802D1Z0 (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1.23 Lakh. It was formerly known as Jmd Cars Private Limited. It is led by directors including Sharda Chandrashekhar Shetty and Keiichi Yagai.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹18.69 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹21.35 Lakh (net margin 1.1%) and EBITDA of ₹11.93 Cr (EBITDA margin 63.8%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 12% over five years.
As per MCA filings, the company has open charges of ₹109.63 Cr and satisfied charges of ₹27.94 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jmdcars.com.
Company details
Name history
Tristar Leasing has undergone 2 name changes throughout its history. The company was previously known as Jmd Cars Private Limited, and Tristar Leasing Private Limited. The current legal name is Tristar Leasing Private Limited.
| Company Name | Status |
|---|---|
| Tristar Leasing Private Limited | Current |
| Jmd Cars Private Limited | Previous |
Contact details
Tristar Leasing Private Limited's registered office is in Mumbai, Maharashtra. Its website is jmdcars.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1101 Embassy Chamber Cts – E/859 B – 2 3rd Road, Khar(W) Opp.Khar Education Society, Mumbai, Maharashtra, India – 400052
- IndustryTransport and Logistics, Ride-Hailing Services
To see the full contact details of Tristar Leasing Private 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 Tristar Leasing is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities |
To see the full business activity and turnover split of Tristar Leasing Private Limited, buy the company report.
Financials of Tristar Leasing Private Limited
FY 2025 filings availableTristar Leasing Private Limited reported revenue of ₹18.69 Cr (up 26% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 26% growth in the latest year. EBITDA rose 16% 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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| EBITDA | ₹11.93 Cr | ||||
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| Net Profit (PAT) | ₹21.35 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 63.8% | ||||
| Net Profit Margin | 1.1% | ||||
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To see the full financial statements and ratios of Tristar Leasing Private Limited, buy the company report.
Board of directors of Tristar Leasing Private Limited
Tristar Leasing has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sharda Chandrashekhar Shetty Also directs: Leap Digiprint Private Limited | Director | 18 Nov 2024 | 1 Years 11 Months | Current |
| Keiichi Yagai Also directs: Isuzu Motors India Private Limited | Director | 08 Apr 2024 | 2 Years 6 Months | Current |
| Devraj Vijay | Additional Director | 29 May 2025 | 1 Years 4 Months | Current |
| Aarti Rajkumar Kapoor | Director | 18 Nov 2024 | 1 Years 11 Months | Current |
Auditor
Tristar Leasing Private Limited is audited by V.K. BESWAL & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.K. BESWAL & ASSOCIATES | FY 2022 | 101083W |
Shareholding
The shareholding of Tristar Leasing 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 Tristar Leasing Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Oct 2024 | 100993948 | Others | ₹12.49 Lakh | Open | |
| 10 Oct 2024 | 100988533 | Others | ₹21.99 Lakh | Open | |
| 04 Oct 2024 | 100997116 | Others | ₹10.68 Lakh | Open | |
| 27 Sep 2024 | 100988537 | Others | ₹12.59 Lakh | Open | |
| 25 Sep 2024 | 100988535 | Others | ₹11.88 Lakh | Open |
To see the full charge records of Tristar Leasing Private Limited, buy the company report.
Total charge records: 624 View all charges
Legal cases
No court or tribunal cases involving Tristar Leasing Private 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 Tristar Leasing Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Tristar Leasing has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCJ4802D1Z0 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Tristar Leasing Private Limited, buy the company report.
Recent activity
Tristar Leasing Private Limited has 9 board changes on record since 2021: 4 appointments and 5 cessations. The latest: Devraj Vijay was appointed as Additional Director on 29 May 2025.
761 earlier events are in the company report.
Frequently asked questions
Tristar Leasing is an active private limited company based in Mumbai, Maharashtra, India. The company works in ride-hailing services, within the transport and logistics industry. It was incorporated on 22 November 2004 (22+ years old) and is registered under CIN U51502MH2004PTC149628.
Tristar Leasing has 4 current directors:
- Sharda Chandrashekhar Shetty - Director
- Keiichi Yagai - Director
- Devraj Vijay - Additional Director
- Aarti Rajkumar Kapoor - Director
The latest financial statements of Tristar Leasing on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Tristar Leasing is 27AABCJ4802D1Z0, registered in Maharashtra.
The CIN (Corporate Identification Number) of Tristar Leasing is U51502MH2004PTC149628. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tristar Leasing was incorporated on 22 November 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
Devraj Vijay was appointed as Additional Director on 29 May 2025. Aarti Rajkumar Kapoor was appointed as Director on 18 Nov 2024. Drupad Kannaiyalal Menda ceased to be Director on 18 Nov 2024. Tristar Leasing has 9 board changes on record in total.
Tristar Leasing can be reached through the website jmdcars.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Tristar Leasing is at 1101 Embassy Chamber Cts – E859 B – 2 3rd Road, KharW Opp.Khar Education Society, Mumbai, Maharashtra, India – 400052.
Tristar Leasing operates in the transport and logistics industry, in the ride-hailing services segment.