Tug Indofin Private Limited
About Tug Indofin Private Limited
Data last updated:
Tug Indofin Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 12 November 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U65910WB1996PTC124385.
The company has an authorised share capital of ₹1.57 Cr and a paid-up capital of ₹1.56 Cr. It was formerly known as Balaji Indofin Limited and Tug Indofin Limited. It is led by directors including Satya Brata Dey and Shipra Dey.
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 28 Marquis Street Flat No.3A 3rd Floor, Kolkata, West Bengal, India – 700016.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.71 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹6.49 Cr (net margin 84.2%) and EBITDA of ₹7.59 Cr (EBITDA margin 98.5%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 58% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Tug Indofin has undergone 2 name changes throughout its history. The company was previously known as Balaji Indofin Limited, and Tug Indofin Limited. The current legal name is Tug Indofin Private Limited.
| Company Name | Status |
|---|---|
| Tug Indofin Private Limited | Current |
| Balaji Indofin Limited | Previous |
| Tug Indofin Limited | Previous |
CIN history
Tug Indofin has one previous CIN (Corporate Identification Number): U65910WB1996PLC124385. The current CIN is U65910WB1996PTC124385, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65910WB1996PTC124385 | Current |
| U65910WB1996PLC124385 | Previous |
Contact details
Tug Indofin Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address28 Marquis Street Flat No.3A 3rd Floor, Kolkata, West Bengal, India – 700016
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
To see the full contact details of Tug Indofin 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 Tug Indofin 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 |
Financials of Tug Indofin Private Limited
FY 2024 filings availableTug Indofin Private Limited reported revenue of ₹7.71 Cr (up 175% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 58% over five years, including 175% growth in the latest year. EBITDA rose 179% 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 | ₹7.59 Cr | ||||
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| Net Profit (PAT) | ₹6.49 Cr | ||||
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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 | 98.5% | ||||
| Net Profit Margin | 84.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Tug Indofin Private Limited, buy the company report.
Board of directors of Tug Indofin Private Limited
Tug Indofin has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satya Brata Dey | Director | 10 May 2012 | 14 Years 5 Months | Current |
| Shipra Dey | Director | 10 May 2012 | 14 Years 5 Months | Current |
| Rochita Dey | Director | 10 May 2012 | 14 Years 5 Months | Current |
Peer comparison
Tug Indofin Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Antique Industries Limited | ₹7.72 Cr (FY 2025) | -1.0% | Delhi, India | |||
| Gurugram Fintech Private Limited | ₹7.72 Cr (FY 2025) | -24.0% | New Delhi, Delhi, India | |||
| Gold Rock Investments Limited | ₹7.72 Cr (FY 2019) | 458.0% | Mumbai, Maharashtra, India | |||
| Paft Finance Limited | ₹7.71 Cr (FY 2025) | 4.0% | Tiruchirappalli, Tamil Nadu, India | |||
| Tug Indofin Private Limitedthis company | ₹7.71 Cr (FY 2025) | ₹6.49 Cr | 84.2% | 175.0% | Kolkata, West Bengal, India | |
| Backbone Sales Pvt.Ltd. | ₹7.67 Cr (FY 2025) | -22.0% | A. C Lane, West Bengal, India | |||
| Shree Karni Finance Private Limited | ₹7.67 Cr (FY 2024) | 122.0% | Kolkata, West Bengal, India | |||
| Toplight Corporate Management Private Limited | ₹7.64 Cr (FY 2025) | 71.0% | New Delhi, Delhi, India |
To see the full peer comparison of Tug Indofin Private Limited, buy the company report.
Auditor
Tug Indofin Private Limited is audited by K.RUNGTA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.RUNGTA & CO. | FY 2023 | 321068E |
Shareholding
The shareholding of Tug Indofin 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 Tug Indofin Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Tug Indofin 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 Tug Indofin Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Tug Indofin has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Tug Indofin Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Tug Indofin Private Limited has 9 board changes on record since 2008: 3 appointments and 6 cessations. The latest: Dilip Kumar Pandey ceased to be Director on 21 Nov 2012.
Frequently asked questions
Tug Indofin is an active private limited company based in Kolkata, West Bengal, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 12 November 1996 (30+ years old) and is registered under CIN U65910WB1996PTC124385.
Tug Indofin has 3 current directors:
- Satya Brata Dey - Director
- Shipra Dey - Director
- Rochita Dey - Director
The latest financial statements of Tug Indofin 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 2015 are in the company report.
The CIN (Corporate Identification Number) of Tug Indofin is U65910WB1996PTC124385. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tug Indofin was incorporated on 12 November 1996, making it 30+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Tug Indofin by revenue are Antique Industries Limited, Gurugram Fintech Private Limited, Gold Rock Investments Limited, Paft Finance Limited, Backbone Sales Pvt.Ltd. and 2 more, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Dilip Kumar Pandey ceased to be Director on 21 Nov 2012. Bibhuti Kumar Pandey ceased to be Director on 14 May 2012. Suresh Rohiwal ceased to be Director on 14 May 2012. Tug Indofin has 9 board changes on record in total.
The registered office of Tug Indofin is at 28 Marquis Street Flat No.3A 3rd Floor, Kolkata, West Bengal, India – 700016.
Tug Indofin operates in the financial services industry, in the investment and credit nbfc segment.
The compliance status of Tug Indofin is compliant as of 27 September 2026. The company is actively filing with the Registrar of Companies.
Yes. Tug Indofin was formerly known as Balaji Indofin Limited, Tug Indofin Limited.
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