Garware Finance Corporation Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 2.90 Cr
- Company Age 89 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Revenue Growth 37.33%
- Profit Growth 544.77%
- Ebitda 675.83%
- Net Worth 4.60%
- Total Assets 0.32%
About Garware Finance Corporation
Garware Finance Corporation Ltd (GFCL) was founded in India on 29 March 1935 and has a glorious history of 89 years and ten months.Its registered office is in Mumbai, Maharashtra, 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 5.00 Cr and a paid-up capital of Rs 2.90 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vihaan Garware, Nishka Garware, Nikita Garware, and One other member serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U74999MH1935PLC002288
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Company No.
002288
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
29 Mar 1935
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Garware Finance Corporation?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vihaan Garware
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Director | 18-May-2022 | Current |
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Nishka Garware
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Director | 18-May-2022 | Current |
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Nikita Garware
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Director | 26-Sep-2010 | Current |
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Anita Garware
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Director | 15-Jun-1995 | Current |
Financial Performance of Garware Finance Corporation.
Garware Finance Corporation Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 37.33% increase. The company also saw a substantial improvement in profitability, with a 544.77% increase in profit. The company's net worth moved up by a moderate rise of 4.6%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Garware Finance Corporation?
In 2023, Garware Finance Corporation had a promoter holding of 87.01% and a public holding of 12.99%. The company had 2 Subsidiaries and 1 Associate company. 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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Anjan Holding Pvt LtdVihaan Garware, Nishka Garware and 2 more are mutual person
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Garware Construction Limited
Vihaan Garware, Nishka Garware and 1 more are mutual person
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Tyson Marketing Private Limited
Vihaan Garware and Nikita Garware are mutual person
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Cbg Trading Private Limited
Vihaan Garware, Nishka Garware and 1 more are mutual person
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Sat Man Strategies Private Limited
Vihaan Garware, Nishka Garware and 1 more are mutual person
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Garflon Marketing (India) Private Limited
Vihaan Garware is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Garware Finance Corporation?
Unlock and access historical data on people associated with Garware Finance Corporation, 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 Garware Finance Corporation, 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 Garware Finance Corporation's trajectory.
Rating
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
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.
