Great Eastern Hire Purchase Private Limited

Provides leasing and hire purchase services for electronic goods, home appliances, and vehicles.

1998 | Kolkata, West Bengal (India) | Active
Last Updated: November 16, 2024

Great Eastern Hire Purchase Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.45 Cr
  • Company Age 27 Year, 16 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 235.27 Cr
  • Satisfied Charges ₹ 223.08 Cr
  • Revenue Growth 30.32%
  • Profit Growth 32.68%
  • Ebitda 22.85%
  • Net Worth 21.66%
  • Total Assets 37.02%

About Great Eastern Hire Purchase

Great Eastern Hire Purchase Private Limited (GEHPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 January 1998 and has a history of 27 years. Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Consumer Electronics & Durables 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 5.00 Cr and a paid-up capital of Rs 3.45 Cr.

The company currently has active open charges totaling ₹235.27 Cr. The company has closed loans amounting to ₹223.08 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mahendra Baid, Ashok Dugar, Manju Baid, and One other member serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    greateastern.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65921WB1998PTC086421

  • Company No.

    086421

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Jan 1998

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Great Eastern Hire Purchase?

Board Members (4)

Name Designation Appointment Date Status
Mahendra Baid Country flag representing In Director 28-Jan-1998 Current
Ashok Dugar Director 03-Sep-2024 Current
Manju Baid Country flag representing In Director 17-Apr-2002 Current
Manish Baid Country flag representing In Director 01-Jul-2008 Current

Financial Performance of Great Eastern Hire Purchase.

Great Eastern Hire Purchase Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 30.32% increase. The company also saw a substantial improvement in profitability, with a 32.68% increase in profit. The company's net worth Soared by an impressive increase of 21.66%.

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
30.32%
Revenue from Operations
30.30%
Total Assets
37.02%
Profit or Loss
32.68%
Net Worth
21.66%
EBITDA
22.85%

What is the Ownership and Shareholding Structure of Great Eastern Hire Purchase?

In 2023, Great Eastern Hire Purchase had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹235.27 Cr

Satisfied Charges

₹223.08 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 126.50 Cr
  • Hdfc Bank Limited : 62.22 Cr
  • Others : 46.55 Cr

Latest Charge Details

Date Lender Amount Status
27 Sep 2024 Others ₹36.50 Cr Open
25 Sep 2024 Axis Bank Limited ₹15.00 Cr Open
21 Mar 2024 Hdfc Bank Limited ₹3.22 Cr Open
21 Mar 2024 Others ₹5.62 M Open
11 Oct 2023 Axis Bank Limited ₹15.00 Cr Open

How Many Employees Work at Great Eastern Hire Purchase?

Great Eastern Hire Purchase has a workforce of 246 employees as of Mar 30, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Great Eastern Hire Purchase, 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 Great Eastern Hire Purchase'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 Great Eastern Hire Purchase

Recent activity within the organization

  • Charges

    A charge registered on 08 Jan 2021 via Charge ID 100404537 with Standard Chartered Bank was fully satisfied on 29 Oct 2024.

    29 Oct 2024

  • Charges

    A charge registered on 27 Jun 2019 via Charge ID 100270688 with Standard Chartered Bank was fully satisfied on 29 Oct 2024.

    29 Oct 2024

  • Annual General Meeting

    Great Eastern Hire Purchase Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 36.50 Cr with Charge ID 100979977 was registered on 27 Sep 2024.

    27 Sep 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 15.00 Cr with Charge ID 100989007 was registered on 25 Sep 2024.

    25 Sep 2024

  • Director Appointment

    Ashok Kumar Dugar was appointed as a Director was appointed as a Director on 03 Sep 2024 & has been associated with this company since 5 months 11 days .

    03 Sep 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Great Eastern Hire Purchase Private Limited was incorporated on 28 Jan 1998.

  • The authorized share capital of Great Eastern Hire Purchase Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.45 Cr.

  • Currently 4 directors are associated with Great Eastern Hire Purchase Private Limited.

    • Mahendra Kumar Baid
    • Ashok Kumar Dugar
    • Manju Baid
    • Manish Kumar Baid
  • As per Ministry of Corporate Affairs (Mca), the registered address of Great Eastern Hire Purchase Private Limited is 9 Hemanta Basu Sarani Formerly - 20 Old Court House Street India, Kolkata, West Bengal, 700001.

  • The corporate identification number (CIN) of Great Eastern Hire Purchase Private Limited is U65921WB1998PTC086421 and the company number is 086421 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Great Eastern Hire Purchase Private Limited is https://www.greateastern.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Great Eastern Hire Purchase Private Limited has risen by 30.32%.

  • As Per 2023 financial reports, 246 employees are currently employed by Great Eastern Hire Purchase Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Great Eastern Hire Purchase Private Limited has experienced an upsurge of 21.66%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Great Eastern Hire Purchase Private Limited amount to ₹ 235.27 Cr.

  • The most recent Balance Sheet for Great Eastern Hire Purchase Private Limited was filed with the ROC on 31 Mar 2024.

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