Punjab Lease Financing Limited

Provides financial and related services to clients.

1994 | Ahmedabad, Gujarat (India) | Active
Last Updated: February 13, 2025

Punjab Lease Financing Profile

Key Indicators

  • Authorised Capital ₹ 5.50 Cr
  • Paid Up Capital ₹ 4.88 Cr
  • Company Age 30 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 0.33 M
  • Revenue Growth 76.33%
  • Profit Growth 80.70%
  • Ebitda 78.45%
  • Net Worth 6.20%
  • Total Assets 6.57%

About Punjab Lease Financing

Punjab Lease Financing Limited (PLFL) is a Public Limited Indian Non-Government Company incorporated in India on 14 June 1994 and has a history of 30 years and eight months. Its registered office is in Ahmedabad, Gujarat, India.

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 5.50 Cr and a paid-up capital of Rs 4.88 Cr.

The company currently has active open charges totaling ₹0.33 M.

Devendra Bagga, Baljeetsingh Bagga, Surjitsingh Bagga, and One other member serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65910GJ1994PLC022263

  • Company No.

    022263

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 Jun 1994

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Financial Services

Who are the key members and board of directors at Punjab Lease Financing?

Executive Team (1)

NameDesignationAppointment DateStatus
Devendra Bagga Country flag representing In Managing Director14-Jun-1994Current

Financial Performance of Punjab Lease Financing.

Punjab Lease Financing Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 76.33% increase. The company also saw a substantial improvement in profitability, with a 80.7% increase in profit. The company's net worth moved up by a moderate rise of 6.2%.

Graph illustrating revenue growth over time
Graph showing 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
76.33%
Revenue from Operations
76.69%
Total Assets
6.57%
Profit or Loss
80.70%
Net Worth
6.20%
EBITDA
78.45%

What is the Ownership and Shareholding Structure of Punjab Lease Financing?

In 2022, Punjab Lease Financing had a promoter holding of 66.86% and a public holding of 33.14%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.03 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Tamilnad Mercentile Bank Ltd. : 0.03 Cr

Latest Charge Details

DateLenderAmountStatus
22 Sep 1995Tamilnad Mercentile Bank Ltd.₹0.33 MOpen

How Many Employees Work at Punjab Lease Financing?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Punjab Lease Financing, 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 Punjab Lease Financing'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 Punjab Lease Financing

Recent activity within the organization

  • Annual General Meeting

    Punjab Lease Financing Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Punjab Lease Financing Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Tamilnad Mercentile Bank Ltd. amounted to Rs. 0.03 Cr with Charge ID 90098247 was registered on 22 Sep 1995.

    22 Sep 1995

  • Director Appointment

    Devendra Surjit Bagga was appointed as a Managing Director was appointed as a Managing Director on 14 Jun 1994 & has been associated with this company since 30 years 8 months .

    14 Jun 1994

  • Director Appointment

    Baljeetsingh Surjitsingh Bagga was appointed as a Director was appointed as a Director on 14 Jun 1994 & has been associated with this company since 30 years 8 months .

    14 Jun 1994

  • Director Appointment

    Surjitsingh Ravelsingh Bagga was appointed as a Director was appointed as a Director on 14 Jun 1994 & has been associated with this company since 30 years 8 months .

    14 Jun 1994

Frequently asked questions

  • What is the Incorporation or founding date of Punjab Lease Financing Limited?

    Punjab Lease Financing Limited was incorporated on 14 Jun 1994.

  • What is authorized share capital and paid-up capital of Punjab Lease Financing Limited?

    The authorized share capital of Punjab Lease Financing Limited is ₹ 5.50 Cr and paid-up capital is ₹ 4.88 Cr.

  • Who are the current board members & directors of Punjab Lease Financing Limited?

    Currently 4 directors are associated with Punjab Lease Financing Limited.

    • Devendra Surjit Bagga
    • Baljeetsingh Surjitsingh Bagga
    • Surjitsingh Ravelsingh Bagga
    • Ishwarsingh Rawelsingh Bagga
  • What is the registered address of Punjab Lease Financing Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Punjab Lease Financing Limited is Maruti Centre Opp Sarkari Vasahat Drive-In-Road India, Ahmedabad, Gujarat, 380054.

  • What is the corporate identification number (CIN) and company number of Punjab Lease Financing Limited?

    The corporate identification number (CIN) of Punjab Lease Financing Limited is U65910GJ1994PLC022263 and the company number is 022263 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Punjab Lease Financing Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Punjab Lease Financing Limited has risen by 76.33%.

  • What change has been observed in the net worth of Punjab Lease Financing Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Punjab Lease Financing Limited has experienced an upsurge of 6.20%.

  • What are the total open charges for Punjab Lease Financing Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Punjab Lease Financing Limited amount to ₹ 0.33 M.

  • When was the last Balance Sheet of Punjab Lease Financing Limited filed with the ROC?

    The most recent Balance Sheet for Punjab Lease Financing Limited was filed with the ROC on 31 Mar 2023.