Galada Finance Limited

Provides financing and insurance solutions for automobiles, equipment, and machinery. Registered with RBI.

1986 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Galada Finance Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.00 Cr
  • Company Age 38 Year, 11 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 11 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

    galadafinance.in

  • 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

Financial Services

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

Executive Team (3)

NameDesignationAppointment DateStatus
Naveen Galada Country flag representing In Managing Director01-Jul-2000Current
Krmanimeghala Country flag representing In CFO29-May-2014Current
Mahaveerchand Divya Company Secretary01-Sep-2022Current

Board Members (3)

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

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%.

Galada Finance revenue growth over time
Galada 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
-11.88%
Revenue from Operations
-13.86%
Total Assets
-12.85%
Profit or Loss
108.86%
Net Worth
0.79%
EBITDA
42.18%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3.64 Cr

Satisfied Charges

₹1.94 Cr

Charges Breakdown by Lending Institutions

  • Indian Bank : 2.95 Cr
  • Hdfc Bank Limited : 0.69 Cr

Latest Charge Details

DateLenderAmountStatus
31 Aug 2023Hdfc Bank Limited₹4.91 MOpen
27 Jan 2023Hdfc Bank Limited₹1.94 MOpen
09 Mar 1990Indian Bank₹2.95 CrOpen
09 Oct 2014Gda Trusteeship Limited₹1.40 MSatisfied
13 Dec 2013L & T Finance Limited₹1.00 CrSatisfied

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.

Employee growth trends for Galada Finance Limited

Deals i

Graph showing company valuation over time

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

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 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 5 months 8 days .

  • Annual General Meeting

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

  • Balance Sheet

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

  • Charges

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

  • 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 6 months .

Frequently asked questions

  • What is the Incorporation or founding date of Galada Finance Limited?

    Galada Finance Limited was incorporated on 25 Mar 1986.

  • What is authorized share capital and paid-up capital of Galada Finance Limited?

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

  • Who are the current board members & directors of Galada Finance Limited?

    Currently 6 directors are associated with Galada Finance Limited.

    • Ashok Jawarilal Galada
    • Naveen Ashok Galada
    • Shyamala Thiagarajan
    • KRManimeghala
    • Mahaveerchand Jain Divya
    • Ramu Vishnu

  • What is the registered address of Galada Finance Limited?

    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.

  • What is the corporate identification number (CIN) and company number of Galada Finance Limited?

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

  • Is Galada Finance Limited registered with any stock exchange in India?

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

  • What is the official website of Galada Finance Limited?

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

  • What has been the recent revenue trend for Galada Finance Limited?

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

  • What change has been observed in the net worth of Galada Finance Limited, and by what percentage?

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

  • What are the total open charges for Galada Finance Limited?

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

  • When was the last Balance Sheet of Galada Finance Limited filed with the ROC?

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

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