Galada Finance Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
- Paid Up Capital ₹ 3.00 Cr
- Company Age 38 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 3.64 Cr
- Satisfied Charges ₹ 1.94 Cr
- Revenue Growth -11.88%
- Profit Growth 108.86%
- Ebitda 42.18%
- Net Worth 0.79%
- Total Assets -12.85%
About Galada Finance
Galada Finance Limited (GFL) is a Public Limited Indian Non-Government Company incorporated in India on 25 March 1986 and has a history of 38 years and ten months. Its registered office is in Chennai, Tamil Nadu, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 538881.
The Corporate was formerly known as Galada Finance Private Limited. 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 4.00 Cr and a paid-up capital of Rs 3.00 Cr.
The company currently has active open charges totaling ₹3.64 Cr. The company has closed loans amounting to ₹1.94 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Galada Finance Limited India are Krmanimeghala as CFO and Mahaveerchand Divya as Company Secretary. Ashok Galada, Naveen Galada, Shyamala Thiagarajan, and One other member serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media-
Corporate Identity Details
- CIN/LLPIN
L65191TN1986PLC012826
- Company No.
012826
- Stock Symbol
BSE : 538881
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
25 Mar 1986
- Date of AGM
21 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Galada Finance?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Naveen Galada  | Managing Director | 01-Jul-2000 | Current |
| Krmanimeghala | CFO | 29-May-2014 | Current |
| Mahaveerchand Divya | Company Secretary | 01-Sep-2022 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ashok Galada | Director | 01-Apr-2009 | Current |
| Shyamala Thiagarajan | Director | 25-Sep-2024 | Current |
| Ramu Vishnu | Director | 10-Jun-2023 | Current |
Financial Performance 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Galada Finance?
In 2023, Galada Finance had a promoter holding of 63.93% and a public holding of 36.07%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Finance Companies' Association (India)Naveen Galada is a mutual person
Galada Housing LimitedAshok Galada and Naveen Galada are mutual person
- Galada Trades Limited
Ashok Galada and Naveen Galada are mutual person
Charges (Loans)
₹3.64 Cr
₹1.94 Cr
Charges Breakdown by Lending Institutions
- Indian Bank : 2.95 Cr
- Hdfc Bank Limited : 0.69 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Aug 2023 | Hdfc Bank Limited | ₹4.91 M | Open |
| 27 Jan 2023 | Hdfc Bank Limited | ₹1.94 M | Open |
| 09 Mar 1990 | Indian Bank | ₹2.95 Cr | Open |
| 09 Oct 2014 | Gda Trusteeship Limited | ₹1.40 M | Satisfied |
| 13 Dec 2013 | L & T Finance Limited | ₹1.00 Cr | Satisfied |
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Galada 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 Galada Finance's trajectory.
Rating
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Alerts
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