Gic Housing Finance Limited

Provides individual housing loans to middle to low income groups in tier II and III cities.

1989 | Mumbai, Maharashtra (India) | Active
Last Updated:

Gic Housing Finance Profile

Key Indicators

  • Authorised Capital ₹ 150.00 Cr
  • Paid Up Capital ₹ 53.85 Cr
  • Company Age 35 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 17,118.75 Cr
  • Satisfied Charges ₹ 22,192.05 Cr
  • Revenue Growth -6.77%
  • Profit Growth 64.41%
  • Ebitda -2.28%
  • Net Worth 11.27%
  • Total Assets -5.63%

About Gic Housing Finance

Gic Housing Finance Limited (GHFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 12 December 1989 and has a history of 35 years and two months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 511676 and on the National Stock Exchange(NSE) under GICHSGFIN.

The Corporate was formerly known as Gic Grih Vitta 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 150.00 Cr and a paid-up capital of Rs 53.85 Cr.

The company currently has active open charges totaling ₹17,118.75 Cr. The company has closed loans amounting to ₹22,192.05 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Gic Housing Finance Limited India are Paul Lobo as Ceo, Varsha Godbole as Cfo, and Nutan Singh as Company Secretary. Sathia Chidambara, Sunil Kakar, Ajit Saxena, and Eleven other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    gichfindia.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L65922MH1989PLC054583

  • Company No.

    054583

  • Stock Symbol

    BSE : 511676 NSE : GICHSGFIN

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 Dec 1989

  • Date of AGM

    31 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Financial Services

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

Executive Team (3)

NameDesignationAppointment DateStatus
Paul Lobo Country flag representing In Managing Director15-Nov-2022Current
Varsha Godbole CFO29-Oct-2021Current
Nutan Singh Company Secretary11-Feb-2020Current

Board Members (13)

NameDesignationAppointment DateStatus
Rani Nair Country flag representing In Director 12-Mar-2021Current
Sathia Chidambara Country flag representing In Director 06-Jan-2022Current
Sunil Kakar Country flag representing In Director 07-Aug-2023Current
Ajit Saxena Country flag representing In Director 01-Nov-2019Current
Garimella Kishore Country flag representing In Director 06-Jan-2022Current
Damodharan Neelam Country flag representing In Director 21-Oct-2022Current

Financial Performance of Gic Housing Finance.

Gic Housing Finance Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 6.77% decrease. The company also saw a substantial improvement in profitability, with a 64.41% increase in profit. The company's net worth Soared by an impressive increase of 11.27%.

Gic Housing Finance revenue growth over time
Gic Housing 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
-6.77%
Revenue from Operations
-6.54%
Total Assets
-5.63%
Profit or Loss
64.41%
Net Worth
11.27%
EBITDA
-2.28%

What is the Ownership and Shareholding Structure of Gic Housing Finance?

In 2022, Gic Housing Finance had a promoter holding of 42.41% and a public holding of 57.60%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹17,118.75 Cr

Satisfied Charges

₹22,192.05 Cr

Charges Breakdown by Lending Institutions

  • Others : 9718.75 Cr
  • Bank Of India : 2250.00 Cr
  • National Housing Bank : 1475.00 Cr
  • Indian Bank : 750.00 Cr
  • Uco Bank : 700.00 Cr
  • Others : 2225.00 Cr

Latest Charge Details

DateLenderAmountStatus
19 Sep 2024Indian Bank₹750.00 CrOpen
28 Aug 2024State Bank Of India₹500.00 CrOpen
10 Jun 2024Idbi Bank Limited₹250.00 CrOpen
27 Mar 2024Others₹300.00 CrOpen
16 Mar 2024Others₹250.00 CrOpen

How Many Employees Work at Gic Housing Finance?

Gic Housing Finance has a workforce of 338 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Gic Housing Finance Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Gic Housing 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 Gic Housing 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 Gic Housing Finance

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 218.75 Cr registered on 01 Mar 2017 with Charge ID 100085201 was modified on 05 Nov 2024.

  • Charges

    A charge registered on 27 Sep 2019 via Charge ID 100294702 with Others was fully satisfied on 07 Oct 2024.

  • Charges

    A charge with Idbi Trusteeship Services Limited of Rs. 325.00 Cr registered on 23 Feb 2023 with Charge ID 100730282 was modified on 20 Sep 2024.

  • Charges

    A charge with Indian Bank amounted to Rs. 750.00 Cr with Charge ID 100979623 was registered on 19 Sep 2024.

  • Charges

    A charge registered on 23 Dec 2021 via Charge ID 100524567 with Others was fully satisfied on 13 Sep 2024.

  • Charges

    A charge registered on 30 Jul 2018 via Charge ID 100198543 with Others was fully satisfied on 04 Sep 2024.

Recent News, Updates & Announcement

Frequently asked questions

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

    Gic Housing Finance Limited was incorporated on 12 Dec 1989.

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

    The authorized share capital of Gic Housing Finance Limited is ₹ 150.00 Cr and paid-up capital is ₹ 53.85 Cr.

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

    Currently 17 directors are associated with Gic Housing Finance Limited.

    • Sathia Jeeva Krishnan Chidambara
    • Sunil Kakar
    • Ajit Kumar Saxena
    • Garimella Nanda Kishore
    • Damodharan Neelam
    • Vaijinath Gavarshetty
    • Rashmi Raman Singh
    • Rani Singh Nair
    • Girija Subramanian
    • Hitesh Joshi
    • Paul Alphonso Lobo
    • Rajeshwari Singh Muni
    • Ramaswamy Narayanan
    • Bhupesh Sushil Rahul
    • Paul Alphonso Lobo
    • Varsha Godbole
    • Nutan Singh

  • What is the registered address of Gic Housing Finance Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Gic Housing Finance Limited is 6Th Floor National Insurance Building 14 Jamshedji Tata Road, Churchgate India, Mumbai, Maharashtra, 400020.

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

    The corporate identification number (CIN) of Gic Housing Finance Limited is L65922MH1989PLC054583 and the company number is 054583 as per Ministry of Corporate Affairs (MCA).

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

    Yes, Gic Housing Finance Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): GICHSGFIN.

  • What is the official website of Gic Housing Finance Limited?

    The Official website of Gic Housing Finance Limited is https://www.gichfindia.com

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

    According to the financial reports for the fiscal year 2022, the revenue trend for Gic Housing Finance Limited has fallen by -6.77%.

  • How many employees does Gic Housing Finance Limited currently have?

    As Per 2022 financial reports, 338 employees are currently employed by Gic Housing Finance Limited.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Gic Housing Finance Limited has experienced an upsurge of 11.27%.

  • What are the total open charges for Gic Housing Finance Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Gic Housing Finance Limited amount to ₹ 17,118.75 Cr.

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

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

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