Goodluck Advances And Finlease Limited

Founded in 1995 and headquartered in Punjab, India.

1995 | Bathinda, Punjab (India) | Active
Last Updated:

Goodluck Advances And Finlease Profile

Key Indicators

  • Authorised Capital ₹ 7.00 M
  • Paid Up Capital ₹ 6.59 M
  • Company Age 29 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.50 Cr
  • Satisfied Charges ₹ 3.00 Cr
  • Revenue Growth -0.43%
  • Profit Growth -11.78%
  • Ebitda -1.85%
  • Net Worth 9.26%
  • Total Assets 9.51%

About Goodluck Advances And Finlease

Goodluck Advances And Finlease Limited (GAAFL) is a Public Limited Indian Non-Government Company incorporated in India on 31 October 1995 and has a history of 29 years and four months. Its registered office is in Bathinda, Punjab, India.

The Corporate was formerly known as Goodluck Advances And Finlease 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 7.00 M and a paid-up capital of Rs 6.59 M.

The company currently has active open charges totaling ₹3.50 Cr. The company has closed loans amounting to ₹3.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sadhu Walia, Tejinder Walia, and Sukhvinder Walia serve as directors at the Company.

Company Details

  • Location

    Bathinda, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74899PB1995PLC050864

  • Company No.

    073521

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    31 Oct 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Financial Services
Company report

Goodluck Advances And Finlease Limited

Explore comprehensive data for Goodluck Advances And Finlease Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Goodluck Advances And Finlease?

Executive Team (1)

NameDesignationAppointment DateStatus
Tejinder Walia Country flag representing In Managing Director05-Jan-1996Current

Board Members (2)

NameDesignationAppointment DateStatus
Sadhu Walia Country flag representing In Director 05-Jan-1996Current
Sukhvinder Walia Country flag representing In Director 09-May-2002Current

Financial Performance of Goodluck Advances And Finlease.

Goodluck Advances And Finlease Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 0.43% decrease. The company also saw a substantial fall in profitability, with a 11.78% decrease in profit. The company's net worth moved up by a moderate rise of 9.26%.

Goodluck Advances And Finlease revenue growth over time
Goodluck Advances And Finlease 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
-0.43%
Revenue from Operations
-0.45%
Total Assets
9.51%
Profit or Loss
-11.78%
Net Worth
9.26%
EBITDA
-1.85%

What is the Ownership and Shareholding Structure of Goodluck Advances And Finlease?

In 2022, Goodluck Advances And Finlease had a promoter holding of 99.85% and a public holding of 0.15%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹35.00 M

Satisfied Charges

₹30.00 M

Charges Breakdown by Lending Institutions

  • State Bank Of Patiala : 3.50 Cr

Latest Charge Details

DateLenderAmountStatus
23 Sep 2013State Bank Of Patiala₹3.50 CrOpen
20 Mar 1997Punjab And Sind Bank₹3.00 CrSatisfied

How Many Employees Work at Goodluck Advances And Finlease?

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

Employee growth trends for Goodluck Advances And Finlease Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Goodluck Advances And Finlease, 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 Goodluck Advances And Finlease'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 Goodluck Advances And Finlease

Recent activity within the organization

  • Annual General Meeting

    Goodluck Advances And Finlease Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Goodluck Advances And Finlease Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

  • Charges

    A charge registered on 20 Mar 1997 via Charge ID 90041888 with Punjab And Sind Bank was fully satisfied on 14 Jan 2014.

  • Charges

    A charge with State Bank Of Patiala amounted to Rs. 35.00 M with Charge ID 10452349 was registered on 23 Sep 2013.

  • Charges

    A charge with Punjab And Sind Bank of Rs. 30.00 M registered on 20 Mar 1997 with Charge ID 90041888 was modified on 03 Dec 2011.

  • Director Appointment

    Sukhvinder Kaur Walia was appointed as a Director was appointed as a Director on 09 May 2002 & has been associated with this company since 22 years 10 months .

Frequently asked questions

  • What is the Incorporation or founding date of Goodluck Advances And Finlease Limited?

    Goodluck Advances And Finlease Limited was incorporated on 31 Oct 1995.

  • What is authorized share capital and paid-up capital of Goodluck Advances And Finlease Limited?

    The authorized share capital of Goodluck Advances And Finlease Limited is ₹ 7.00 M and paid-up capital is ₹ 6.59 M.

  • Who are the current board members & directors of Goodluck Advances And Finlease Limited?

    Currently 3 directors are associated with Goodluck Advances And Finlease Limited.

    • Sadhu Singh Walia
    • Tejinder Singh Walia
    • Sukhvinder Kaur Walia

  • What is the registered address of Goodluck Advances And Finlease Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Goodluck Advances And Finlease Limited is Sco No.8 Puda Complex Market, 100 Feet Road India, Bathinda, Punjab, 151001.

  • What is the corporate identification number (CIN) and company number of Goodluck Advances And Finlease Limited?

    The corporate identification number (CIN) of Goodluck Advances And Finlease Limited is U74899PB1995PLC050864 and the company number is 073521 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Goodluck Advances And Finlease Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Goodluck Advances And Finlease Limited has fallen by -0.43%.

  • What change has been observed in the net worth of Goodluck Advances And Finlease Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Goodluck Advances And Finlease Limited has experienced an upsurge of 9.26%.

  • What are the total open charges for Goodluck Advances And Finlease Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Goodluck Advances And Finlease Limited amount to ₹ 3.50 Cr.

  • When was the last Balance Sheet of Goodluck Advances And Finlease Limited filed with the ROC?

    The most recent Balance Sheet for Goodluck Advances And Finlease Limited was filed with the ROC on 31 Mar 2024.

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