Galada Finance Limited logo

Galada Finance Limited

Provides financing and insurance solutions for automobiles, equipment, and machinery. Registered with RBI.
1986 | Chennai, Tamil Nadu (India) | Active

Last Updated:

November 16, 2024
HomeCompanyGalada Finance Limited

Who are the key members and board of directors at Galada Finance?

Executive Team (3)

NameDesignationAppointment DateStatus
Naveen Galada InManaging Director01-Jul-2000Current
Krmanimeghala InCFO29-May-2014Current
Mahaveerchand DivyaCompany Secretary01-Sep-2022Current

Board Members(3)

NameDesignationAppointment DateStatus
Ashok Galada In Director 01-Apr-2009Current
Shyamala Thiagarajan Director 25-Sep-2024Current
Ramu Vishnu In Director 10-Jun-2023Current

Financial Performance and Corporate Structure Insights of Galada Finance.

Galada Finance Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.88% decrease. The company also saw a substantial improvement in profitability, with a 108.86% increase in profit. The company's net worth moved up by a moderate rise of 0.79%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-11.88%
Revenue from Operations
-13.86%
Total Assets
-12.85%
Profit or Loss
108.86%
Net Worth
0.79%
EBITDA
42.18%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹3.64 Cr

₹1.94 Cr

LenderAmountStatus

Hdfc Bank Limited

Creation Date: 31 Aug 2023
₹4.91 MOpen

Hdfc Bank Limited

Creation Date: 27 Jan 2023
₹1.94 MOpen

Indian Bank

Creation Date: 09 Mar 1990
₹2.95 CrOpen

How Many Employees Work at Galada Finance?

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

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Latest Updates, News, and FAQs on Galada Finance

Recent activity within the organization

  • Director Appointment

    Shyamala Thiagarajan was appointed as a Director was appointed as a Director on 25 Sep 2024 & has been associated with this company since 2 months 26 days .

    25 Sep 2024

  • Annual General Meeting

    Galada Finance Limited last Annual general meeting of members was held on 21 Sep 2024 as per latest MCA records.

    21 Sep 2024

  • Balance Sheet

    Galada Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.49 Cr with Charge ID 100809788 was registered on 31 Aug 2023.

    31 Aug 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.19 Cr with Charge ID 100711853 was registered on 27 Jan 2023.

    27 Jan 2023

  • Director Appointment

    Mahaveerchand Jain Divya was appointed as a Company Secretary was appointed as a Company Secretary on 01 Sep 2022 & has been associated with this company since 2 years 3 months .

    01 Sep 2022

Frequently asked questions

  • Galada Finance Limited was incorporated on 25 Mar 1986.

  • The authorized share capital of Galada Finance Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.00 Cr.

  • Currently 6 directors are associated with Galada Finance Limited.

    • Ashok Jawarilal Galada
    • Naveen Ashok Galada
    • Shyamala Thiagarajan
    • KRManimeghala
    • Mahaveerchand Jain Divya
    • Ramu Vishnu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Galada Finance Limited is Shantisadan Oldno.4 Newno.7Shaffeemohamedroad Thousandlights, India, Chennai, Tamil Nadu, 600006.

  • The corporate identification number (CIN) of Galada Finance Limited is L65191TN1986PLC012826 and the company number is 012826 as per Ministry of Corporate Affairs (MCA).

  • Yes, Galada Finance Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Galada Finance Limited is https://www.galadafinance.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Galada Finance Limited has fallen by -11.88%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Galada Finance Limited has experienced an upsurge of 0.79%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Galada Finance Limited amount to ₹ 3.64 Cr.

  • The most recent Balance Sheet for Galada Finance Limited was filed with the ROC on 31 Mar 2024.

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