Promise Leasing And Finance Private Limited

Provides leasing, financing, and lending services as an NBFC.

1997 | Ut, Chandigarh (India) | Active
Last Updated:

Promise Leasing And Finance Profile

Key Indicators

  • Authorised Capital ₹ 2.25 Cr
  • Paid Up Capital ₹ 4.95 M
  • Company Age 28 Year, 20 Days
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -58.73%
  • Profit Growth -23.51%
  • Ebitda -99.43%
  • Net Worth -13.17%
  • Total Assets -20.23%

About Promise Leasing And Finance

Promise Leasing And Finance Private Limited (PLAFPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 March 1997 and has a history of 28 years. Its registered office is in Ut, Chandigarh.

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 2.25 Cr and a paid-up capital of Rs 4.95 M, as per Ministry of Corporate Affairs (MCA) records.

Harpreet Kaur, Davinder Singh, Gurbax Singh, and One other member serve as directors at the Company.

Company Details

  • Location Ut, Chandigarh
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65910CH1997PTC019553

  • Company No.

    019553

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Mar 1997

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Financial Services

Who are the key members and board of directors at Promise Leasing And Finance?

Board Members (4)

NameDesignationAppointment DateStatus
Harpreet Kaur Country flag representing In Director 10-Mar-1997Current
Davinder Singh Country flag representing In Director 06-Apr-2000Current
Gurbax Singh Country flag representing In Director 10-Mar-1997Current
Parminder Singh Country flag representing In Director 10-Mar-1997Current

Financial Performance of Promise Leasing And Finance.

Promise Leasing And Finance Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 58.73% decrease. The company also saw a substantial fall in profitability, with a 23.51% decrease in profit. The company's net worth observed a substantial decline by a decrease of 13.17%.

Promise Leasing And Finance revenue growth over time
Promise Leasing And Finance profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-58.73%
Revenue from Operations
-58.73%
Total Assets
-20.23%
Profit or Loss
-23.51%
Net Worth
-13.17%
EBITDA
-99.43%

What is the Ownership and Shareholding Structure of Promise Leasing And Finance?

In 2017, Promise Leasing And Finance had a promoter holding of 99.98% and a public holding of 0.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Promise Leasing And Finance?

Unlock and access historical data on people associated with Promise Leasing And Finance, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Promise Leasing And Finance Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Promise Leasing And 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 Promise Leasing And Finance's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Promise Leasing And Finance

Recent activity within the organization

  • Annual General Meeting

    Promise Leasing And Finance Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Promise Leasing And Finance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

  • Director Appointment

    Davinder Singh was appointed as a Director was appointed as a Director on 06 Apr 2000 & has been associated with this company since 24 years 11 months .

  • Director Appointment

    Harpreet Kaur was appointed as a Director was appointed as a Director on 10 Mar 1997 & has been associated with this company since 28 years 20 days .

  • Director Appointment

    Gurbax Singh was appointed as a Director was appointed as a Director on 10 Mar 1997 & has been associated with this company since 28 years 20 days .

  • Director Appointment

    Parminder Singh was appointed as a Director was appointed as a Director on 10 Mar 1997 & has been associated with this company since 28 years 20 days .

Frequently asked questions

  • What is the Incorporation or founding date of Promise Leasing And Finance Private Limited?

    Promise Leasing And Finance Private Limited was incorporated on 10 Mar 1997.

  • What is authorized share capital and paid-up capital of Promise Leasing And Finance Private Limited?

    The authorized share capital of Promise Leasing And Finance Private Limited is ₹ 2.25 Cr and paid-up capital is ₹ 4.95 M.

  • Who are the current board members & directors of Promise Leasing And Finance Private Limited?

    Currently 4 directors are associated with Promise Leasing And Finance Private Limited.

    • Harpreet Kaur
    • Davinder Singh
    • Gurbax Singh
    • Parminder Singh
  • What is the registered address of Promise Leasing And Finance Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Promise Leasing And Finance Private Limited is Sco 7 Iind Floormadhya Marg Sector 7C India, Ut, Chandigarh.

  • What is the corporate identification number (CIN) and company number of Promise Leasing And Finance Private Limited?

    The corporate identification number (CIN) of Promise Leasing And Finance Private Limited is U65910CH1997PTC019553 and the company number is 019553 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Promise Leasing And Finance Private Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Promise Leasing And Finance Private Limited has fallen by -58.73%.

  • What change has been observed in the net worth of Promise Leasing And Finance Private Limited, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of Promise Leasing And Finance Private Limited has experienced an downturn of -13.17%.

  • When was the last Balance Sheet of Promise Leasing And Finance Private Limited filed with the ROC?

    The most recent Balance Sheet for Promise Leasing And Finance Private Limited was filed with the ROC on 31 Mar 2023.