Gola Finance Private Limited

Founded in 1985 and headquartered in Delhi, India.

1985 | Delhi (India) | Active
Last Updated: December 17, 2024

Gola Finance Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 7.00 Cr
  • Company Age 39 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 30.73 Cr
  • Satisfied Charges ₹ 67.70 Cr
  • Revenue Growth 38.87%
  • Profit Growth 27.30%
  • Ebitda 941.49%
  • Net Worth 9.16%
  • Total Assets 467.28%

About Gola Finance

Gola Finance Private Limited (GFPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 November 1985 and has a history of 39 years and two months. Its registered office is in Delhi, India.

The Corporate was formerly known as Gola Finance Private Ltd. 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 7.00 Cr and a paid-up capital of Rs 7.00 Cr.

The company currently has active open charges totaling ₹30.73 Cr. The company has closed loans amounting to ₹67.70 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Gola Finance Private Limited India is Ravikumar Arora as CEO.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1985PTC022588

  • Company No.

    022588

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Nov 1985

  • Date of AGM

    25 Jun 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Financial Services

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

Executive Team (1)

Name Designation Appointment Date Status
Ravikumar Arora CEO 12-Aug-2023 Current

Board Members (5)

Name Designation Appointment Date Status
Suresh Agarwal Country flag representing In Director 21-Nov-1985 Current
Ravikumar Arora Country flag representing In Director 15-Mar-2023 Current
Vijay Agarwal Country flag representing In Director 21-Nov-1985 Current
Shivani Kanodia Country flag representing In Director 20-Dec-2021 Current
Abhishek Agarwal Country flag representing In Director 02-Aug-2022 Current

Financial Performance of Gola Finance.

Gola Finance Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 38.87% increase. The company also saw a substantial improvement in profitability, with a 27.3% increase in profit. The company's net worth moved up by a moderate rise of 9.16%.

Graph illustrating revenue growth over time
Graph showing 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
38.87%
Revenue from Operations
Total Assets
467.28%
Profit or Loss
27.30%
Net Worth
9.16%
EBITDA
941.49%

What is the Ownership and Shareholding Structure of Gola Finance?

In 2022, Gola Finance had a promoter holding of 100.00%. 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

₹30.73 Cr

Satisfied Charges

₹67.70 Cr

Charges Breakdown by Lending Institutions

  • Others : 16.25 Cr
  • State Bank Of India : 14.48 Cr

Latest Charge Details

Date Lender Amount Status
16 Mar 2022 State Bank Of India ₹14.48 Cr Open
31 Oct 2020 Others ₹16.25 Cr Open
14 Aug 2014 State Bank Of India ₹16.18 Cr Satisfied
23 Mar 2013 State Bank Of India ₹10.00 Cr Satisfied
27 Jan 2011 Indian Overseas Bank ₹4.00 Cr Satisfied

How Many Employees Work at Gola Finance?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Gola 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 Gola 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 Gola Finance

Recent activity within the organization

  • Annual General Meeting

    Gola Finance Private Limited last Annual general meeting of members was held on 25 Jun 2024 as per latest MCA records.

    25 Jun 2024

  • Balance Sheet

    Gola Finance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Director Appointment

    Ravikumar Arora was appointed as a Ceo was appointed as a Ceo on 12 Aug 2023 & has been associated with this company since 1 year 5 months .

    12 Aug 2023

  • Director Appointment

    Ravikumar Roopkishore Arora was appointed as a Director was appointed as a Director on 15 Mar 2023 & has been associated with this company since 1 year 10 months .

    15 Mar 2023

  • Director Appointment

    Abhishek Agarwal was appointed as a Director was appointed as a Director on 02 Aug 2022 & has been associated with this company since 2 years 6 months .

    02 Aug 2022

  • Charges

    A charge with Others of Rs. 16.25 Cr registered on 31 Oct 2020 with Charge ID 100386492 was modified on 01 Jun 2022.

    01 Jun 2022

Frequently asked questions

  • Gola Finance Private Limited was incorporated on 21 Nov 1985.

  • The authorized share capital of Gola Finance Private Limited is ₹ 7.00 Cr and paid-up capital is ₹ 7.00 Cr.

  • Currently 6 directors are associated with Gola Finance Private Limited.

    • Vijay Kumar Agarwal
    • Suresh Kumar Agarwal
    • Shivani Kanodia
    • Ravikumar Roopkishore Arora
    • Abhishek Agarwal
    • Ravikumar Arora
  • As per Ministry of Corporate Affairs (Mca), the registered address of Gola Finance Private Limited is B-22 (Second Floor), N.D.S.E. Part-Ii India, New Delhi, 110049.

  • The corporate identification number (CIN) of Gola Finance Private Limited is U74899DL1985PTC022588 and the company number is 022588 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Gola Finance Private Limited has risen by 38.87%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Gola Finance Private Limited has experienced an upsurge of 9.16%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Gola Finance Private Limited amount to ₹ 30.73 Cr.

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