Grameen Development & Finance Profile
Key Indicators
- Authorised Capital ₹ 16.00 Cr
as on 05-07-2024
- Paid Up Capital ₹ 6.95 Cr
as on 05-07-2024
- Company Age 35 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 63.77 Cr
as on 05-07-2024
- Satisfied Charges ₹ 157.79 Cr
as on 05-07-2024
- Revenue 7.22%
(FY 2023)
- Profit 876.35%
(FY 2023)
- Ebitda 26.82%
(FY 2023)
- Net Worth -8.79%
(FY 2023)
- Total Assets 3.06%
(FY 2023)
About Grameen Development & Finance
The Corporate was formerly known as Sharnarthi Leasing And Finance Pvt. Ltd. The Company is engaged in the Financial Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 16.00 Cr and a paid-up capital of Rs 6.95 Cr.
The company currently has active open charges totaling ₹63.77 Cr. The company has closed loans amounting to ₹157.79 Cr, as per Ministry of Corporate Affairs (MCA) records.
Tilak Das, Srijib Baruah, Tapan Kalita, and One other member serve as directors at the Company.
- CIN/LLPIN
U65921AS1999PTC011755
- Company No.
011755
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
20 Jul 1989
- Date of AGM
26 Aug 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Shillong
Industry
Company Details
- Location
Kamrup, Assam, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Grameen Development & Finance?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sarat Das  | Managing Director | 27-Jul-2010 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Tilak Das | Director | 28-Sep-2015 | Current |
| Srijib Baruah | Nominee Director | 10-Dec-2014 | Current |
| Tapan Kalita | Director | Current |
Financial Performance and Corporate Structure Insights of Grameen Development & Finance.
Grameen Development & Finance Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.22% increase. The company also saw a substantial improvement in profitability, with a 876.35% increase in profit. The company's net worth dipped by a decrease of 8.79%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Grameen Development & Finance?
In 2023, Grameen Development & Finance had a promoter holding of 2.87% and a public holding of 97.13%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Terra Blue Exploration Technologies Private LimitedActive 8 years 9 monthsSrijib Baruah is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 31 Jan 2024 | ₹3.00 Cr | Open |
Others Creation Date: 28 Nov 2023 | ₹2.00 Cr | Open |
Others Creation Date: 17 Oct 2023 | ₹5.00 Cr | Open |
How Many Employees Work at Grameen Development & Finance?
Grameen Development & Finance has a workforce of 95 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Grameen Development & Finance, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Grameen Development & Finance's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
