About Vrinda Finlease Limited
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Vrinda Finlease Limited is a public limited company based in Delhi, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 07 March 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U65100DL1994PLC057756. Its GSTIN is 06AAACV1593N1ZY (Haryana).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.48 Cr. It is led by directors including Gaurav Kalra and Sumender Singh.
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 B – 79 1st Floor Wazirpur Industrial Area, Delhi, India – 110052.
As per the financials filed for FY 2024, the company reported a revenue of ₹24.05 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹29.07 Lakh (net margin 1.2%) and EBITDA of ₹2.45 Cr (EBITDA margin 10.2%). Revenue has grown at a compounded annual rate (CAGR) of 291% over three years and 249% over five years.
Court records list 6 cases involving the company, including 6 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rupee112.com.
Company details
CIN history
Vrinda Finlease has one previous CIN (Corporate Identification Number): U74899DL1994PLC057756. The current CIN is U65100DL1994PLC057756, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65100DL1994PLC057756 | Current |
| U74899DL1994PLC057756 | Previous |
Contact details
Vrinda Finlease Limited's registered office is in Delhi, Delhi. Its website is rupee112.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 79 1st Floor Wazirpur Industrial Area, Delhi, India – 110052
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Vrinda Finlease 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 Vrinda 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 Vrinda Finlease Limited, buy the company report.
Financials of Vrinda Finlease Limited
FY 2024 filings availableVrinda Finlease Limited reported revenue of ₹24.05 Cr (up 1211% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 249% over five years. EBITDA rose 69% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹2.45 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹29.07 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.2% | ||||
| Net Profit Margin | 1.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Vrinda Finlease Limited, buy the company report.
Board of directors of Vrinda Finlease Limited
Vrinda Finlease has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devinder Kundu | Additional Director | 07 Apr 2025 | 1 Years 7 Months | Current |
| Gaurav Kalra Also directs: Aadhar India Finvest Limited, Ictrlbiz Consulting Private Limited, Pranusha Finance Private Limited and 2 more | Director | 04 Jul 2023 | 3 Years 4 Months | Current |
| Sumender Singh | Director | 07 Apr 2025 | 1 Years 7 Months | Current |
Peer comparison
Vrinda Finlease Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Kudrat Holdings Pvt Ltd | ₹24.2 Cr (FY 2025) | 11.0% | Kolkata, West Bengal, India | |||
| Findoc Finvest Private Limited | ₹24.05 Cr (FY 2025) | -73.0% | Ludhiana, Punjab, India | |||
| Vrinda Finlease Limitedthis company | ₹24.05 Cr (FY 2024) | ₹29.07 Lakh | 1.2% | 1211.0% | Delhi, India | |
| Aarsh Fincon Limited | ₹24.03 Cr (FY 2025) | 52.0% | Udaipur, Rajasthan, India | |||
| SMS Holdings Private Limited | ₹23.97 Cr (FY 2025) | 17.0% | Delhi, India | |||
| Bazaari Global Finance Limited | ₹23.95 Cr (FY 2025) | 26.0% | Mumbai, Maharashtra, India | |||
| Shree Krishna Agency Limited | ₹23.93 Cr (FY 2018) | 275.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Vrinda Finlease Limited, buy the company report.
Auditor
Vrinda Finlease Limited is audited by SINGHAL GARG AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SINGHAL GARG AND ASSOCIATES | FY 2023 | 0011231N |
Shareholding
The shareholding of Vrinda Finlease 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 Vrinda Finlease Limited, buy the company report.
Legal cases
Vrinda Finlease Limited has 6 court cases on record: 6 filed against it. 3 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 3 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by an individual | Pending |
| District court, Medchal Malkajgiri, Telangana | Civil suit | Filed against the company by an individual | Pending |
| District court, Rangareddy, Telangana | Civil suit | Filed against the company by an individual | Pending |
| District court, Chennai, Tamil Nadu | Civil suit | Filed against the company by an individual | Disposed |
| High Court for State of Telangana | Writ petition | Filed against the company | Disposed |
To see the full case history of Vrinda Finlease 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 Vrinda Finlease Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vrinda Finlease has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACV1593N1ZY | Haryana | Active | 22 Jul 2023 |
To see the full GST registrations and return filing status of Vrinda Finlease Limited, buy the company report.
Recent activity
Vrinda Finlease Limited has 10 board changes on record since 2018: 3 appointments and 7 cessations. The latest: Shivang Luthra ceased to be Director on 08 Apr 2025.
1 earlier event is in the company report.
Frequently asked questions
Vrinda Finlease is an active public limited company based in Delhi, India. The company works in nbfc, within the financial services industry. It was incorporated on 07 March 1994 (32+ years old) and is registered under CIN U65100DL1994PLC057756.
Vrinda Finlease has 3 current directors:
- Devinder Kundu - Additional Director
- Gaurav Kalra - Director
- Sumender Singh - Director
The latest financial statements of Vrinda 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 2015 are in the company report.
The GSTIN of Vrinda Finlease is 06AAACV1593N1ZY, registered in Haryana.
The CIN (Corporate Identification Number) of Vrinda Finlease is U65100DL1994PLC057756. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vrinda Finlease has 6 court cases on record: 6 filed against it. 3 are pending. Most are in the district courts.
Vrinda Finlease was incorporated on 07 March 1994, making it 32+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Vrinda Finlease by revenue are Kudrat Holdings Pvt Ltd, Findoc Finvest Private Limited, Aarsh Fincon Limited, SMS Holdings Private Limited, Bazaari Global Finance Limited and 1 more, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Shivang Luthra ceased to be Director on 08 Apr 2025. Devinder Kundu was appointed as Additional Director on 07 Apr 2025. Sumender Singh was appointed as Director on 07 Apr 2025. Vrinda Finlease has 10 board changes on record in total.
Vrinda Finlease can be reached through the website rupee112.com. Its registered office is in Delhi, India.
The registered office of Vrinda Finlease is at B – 79 1st Floor Wazirpur Industrial Area, Delhi, India – 110052.
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