

Grameen Development & Finance Profile
Key Indicators
- Authorised Capital ₹ 16.00 Cr
- Paid Up Capital ₹ 7.45 Cr
- Company Age 35 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 80.84 Cr
- Satisfied Charges ₹ 160.72 Cr
- Revenue Growth 7.22%
- Profit Growth 876.35%
- Ebitda 26.82%
- Net Worth -8.79%
- Total Assets 3.06%
About Grameen Development & Finance
Grameen Development & Finance Private Limited (GDFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 July 1989 and has a history of 35 years and nine months. Its registered office is in Kamrup, Assam, India.
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 2024. It's a company limited by shares with an authorized capital of Rs 16.00 Cr and a paid-up capital of Rs 7.45 Cr.
The company currently has active open charges totaling ₹80.84 Cr. The company has closed loans amounting to ₹160.72 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sarat Das, Tilak Das, Srijib Baruah, and One other member serve as directors at the Company.
Company Details
- Location
Kamrup, Assam, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65921AS1999PTC011755
- Company No.
011755
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
20 Jul 1989
- Date of AGM
22 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Shillong
Industry
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 | 26-Aug-2023 | Current |
Financial Performance 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%.


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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.

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Srijib Baruah is a mutual person
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Sarat Das is a mutual person
- Atvi Infotainment Private Limited
Srijib Baruah is a mutual person
Charges (Loans)
₹80.84 Cr
₹160.72 Cr
Charges Breakdown by Lending Institutions
- Others : 66.34 Cr
- North Eastern Development Finance Corporation Limited : 14.50 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
22 Nov 2024 | Others | ₹3.00 Cr | Open |
12 Jul 2024 | Others | ₹15.00 Cr | Open |
23 May 2024 | Others | ₹2.00 Cr | Open |
31 Jan 2024 | Others | ₹3.00 Cr | Open |
28 Nov 2023 | Others | ₹2.00 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.
Latest Updates, News, and FAQs on Grameen Development & Finance
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 3.00 Cr with Charge ID 101004266 was registered on 22 Nov 2024.
- Charges
A charge registered on 01 Dec 2014 via Charge ID 10540641 with Others was fully satisfied on 08 Aug 2024.
- Annual General Meeting
Grameen Development & Finance Private Limited last Annual general meeting of members was held on 22 Jul 2024 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100945202 was registered on 12 Jul 2024.
- Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100922599 was registered on 23 May 2024.
- Balance Sheet
Grameen Development & Finance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Shillong.
Frequently asked questions
What is the Incorporation or founding date of Grameen Development & Finance Private Limited?
Grameen Development & Finance Private Limited was incorporated on 20 Jul 1989.
What is authorized share capital and paid-up capital of Grameen Development & Finance Private Limited?
The authorized share capital of Grameen Development & Finance Private Limited is ₹ 16.00 Cr and paid-up capital is ₹ 7.45 Cr.
Who are the current board members & directors of Grameen Development & Finance Private Limited?
Currently 4 directors are associated with Grameen Development & Finance Private Limited.
- Sarat Chandra Das
- Tilak Das
- Srijib Kumar Baruah
- Tapan Chandra Kalita
What is the registered address of Grameen Development & Finance Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Grameen Development & Finance Private Limited is Grameen Sahara Vill- Dubjeni Kulsi Road, Chhaygaon India, Kamrup, Assam, 781124.
What is the corporate identification number (CIN) and company number of Grameen Development & Finance Private Limited?
The corporate identification number (CIN) of Grameen Development & Finance Private Limited is U65921AS1999PTC011755 and the company number is 011755 as per Ministry of Corporate Affairs (MCA).
What is the official website of Grameen Development & Finance Private Limited?
The Official website of Grameen Development & Finance Private Limited is https://www.gdfpl.com
What has been the recent revenue trend for Grameen Development & Finance Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Grameen Development & Finance Private Limited has risen by 7.22%.
How many employees does Grameen Development & Finance Private Limited currently have?
As Per 2023 financial reports, 95 employees are currently employed by Grameen Development & Finance Private Limited.
What change has been observed in the net worth of Grameen Development & Finance Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Grameen Development & Finance Private Limited has experienced an downturn of -8.79%.
What are the total open charges for Grameen Development & Finance Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Grameen Development & Finance Private Limited amount to ₹ 80.84 Cr.
When was the last Balance Sheet of Grameen Development & Finance Private Limited filed with the ROC?
The most recent Balance Sheet for Grameen Development & Finance Private Limited was filed with the ROC on 31 Mar 2024.
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