Greaves Finance Limited

Provides financing for electric vehicles and lease options for delivery services.

1958 | Mumbai, Maharashtra (India) | Active
Last Updated:

Greaves Finance Profile

Key Indicators

  • Authorised Capital ₹ 32.00 Cr
  • Paid Up Capital ₹ 5.33 M
  • Company Age 66 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 10.25 Cr
  • Revenue Growth 326.07%
  • Profit Growth -120.47%
  • Ebitda 77.78%
  • Net Worth -121.86%
  • Total Assets 109.20%

About Greaves Finance

Greaves Finance Limited (GFL) was founded in India on 31 December 1958 and has a glorious history of 66 years and four months.Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Greaves Dronsfield 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 32.00 Cr and a paid-up capital of Rs 5.33 M.

The company currently has active open charges totaling ₹10.25 Cr.

The Key Managerial Personnel (KMP) at Greaves Finance Limited India are Fredrick Pinto as COMPANY SECRETARY and Sunilkumar Puthucode as Ceo. Akhila Balachandar, Sunilkumar Puthucode, Sanjiv Bhasin, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29299MH1958PLC011250

  • Company No.

    011250

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    31 Dec 1958

  • Date of AGM

    16 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services
Company report

Greaves Finance Limited

Explore comprehensive data for Greaves Finance Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (2)

NameDesignationAppointment DateStatus
Fredrick Pinto Country flag representing In Company Secretary26-May-2023Current
Sunilkumar Puthucode CEO05-Jul-2024Current

Board Members (4)

NameDesignationAppointment DateStatus
Sanjiv Bhasin Country flag representing In Additional Director 05-Nov-2024Current
Sunilkumar Puthucode Country flag representing In Whole-Time Director 06-Jan-2024Current
Akhila Balachandar Country flag representing In Nominee Director 05-May-2023Current
Bidadi Kumar Country flag representing In Director 17-May-2024Current

Financial Performance of Greaves Finance.

Greaves Finance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 326.07% increase. The company also saw a substantial fall in profitability, with a 120.47% decrease in profit. The company's net worth observed a substantial decline by a decrease of 121.86%.

Greaves Finance revenue growth over time
Greaves 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
326.07%
Revenue from Operations
428.56%
Total Assets
109.20%
Profit or Loss
-120.47%
Net Worth
-121.86%
EBITDA
77.78%

What is the Ownership and Shareholding Structure of Greaves Finance?

In 2023, Greaves Finance 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

₹10.25 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 10.00 Cr
  • Oriental Bank Of Commerce : 0.25 Cr

Latest Charge Details

DateLenderAmountStatus
19 Jul 2024Others₹10.00 CrOpen
20 May 1994Oriental Bank Of Commerce₹2.50 MOpen

How Many Employees Work at Greaves Finance?

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

Employee growth trends for Greaves Finance Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Director Appointment

    Sanjiv Bhasin was appointed as a Additional Director was appointed as a Additional Director on 05 Nov 2024 & has been associated with this company since 6 months 7 days .

  • Annual General Meeting

    Greaves Finance Limited last Annual general meeting of members was held on 16 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100955269 was registered on 19 Jul 2024.

  • Director Appointment

    Sunilkumar Balasubramanniam Puthucode was appointed as a Ceo was appointed as a Ceo on 05 Jul 2024 & has been associated with this company since 10 months 7 days .

  • Director Appointment

    Bidadi Anjani Kumar was appointed as a Director was appointed as a Director on 17 May 2024 & has been associated with this company since 11 months 26 days .

  • Balance Sheet

    Greaves Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

Recent News, Updates & Announcement

Frequently asked questions

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

    Greaves Finance Limited was incorporated on 31 Dec 1958.

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

    The authorized share capital of Greaves Finance Limited is ₹ 32.00 Cr and paid-up capital is ₹ 5.33 M.

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

    Currently 6 directors are associated with Greaves Finance Limited.

    • Akhila Balachandar
    • Sunilkumar Balasubramanniam Puthucode
    • Sanjiv Bhasin
    • Bidadi Anjani Kumar
    • Fredrick Pinto
    • Sunilkumar Balasubramanniam Puthucode
  • What is the registered address of Greaves Finance Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Greaves Finance Limited is Unit No. 1A 5Th Floor Tower 3 Equinox Business Park Lbs Marg Kurla W Est, India, Mumbai, Maharashtra, 400070.

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

    The corporate identification number (CIN) of Greaves Finance Limited is U29299MH1958PLC011250 and the company number is 011250 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Greaves Finance Limited?

    The Official website of Greaves Finance Limited is https://www.greavesfinance.com

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Greaves Finance Limited has risen by 326.07%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Greaves Finance Limited has experienced an downturn of -121.86%.

  • What are the total open charges for Greaves Finance Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Greaves Finance Limited amount to ₹ 10.25 Cr.

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

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

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