Greaves Finance Limited

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

1958 | Mumbai, Maharashtra (India) | Active
Last Updated: June 23, 2024

Greaves Finance Profile

Key Indicators

  • Authorised Capital ₹ 32.00 Cr
  • Paid Up Capital ₹ 3.49 M
  • Company Age 66 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.50 M
  • 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 one month.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 2023. It's a company limited by shares with an authorized capital of Rs 32.00 Cr and a paid-up capital of Rs 3.49 M.

The company currently has active open charges totaling ₹2.50 M.

The Key Managerial Personnel (KMP) at Greaves Finance Limited India is Fredrick Pinto as COMPANY SECRETARY. Sunilkumar Puthucode, Kurien Elias, Sandeep Divakaran, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    greavesfinance.com

  • 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

    18 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

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

Executive Team (1)

NameDesignationAppointment DateStatus
Fredrick Pinto Country flag representing In Company Secretary06-May-2023Current

Board Members (5)

NameDesignationAppointment DateStatus
Vijay Rai Country flag representing In Director 04-Feb-2005Current
Sunilkumar Puthucode Country flag representing In Additional Director 11-Jan-2024Current
Akhila Balachandar Country flag representing In Nominee Director 05-May-2023Current
Kurien Elias Additional Director 08-May-2024Current
Sandeep Divakaran Country flag representing In Whole-Time Director 10-Nov-2022Current

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%.

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
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

₹0.25 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Oriental Bank Of Commerce : 0.25 Cr

Latest Charge Details

DateLenderAmountStatus
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.

Graph showing employee growth trends

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

    Kurien Elias was appointed as a Additional Director was appointed as a Additional Director on 08 May 2024 & has been associated with this company since 9 months 16 days .

    08 May 2024

  • Director Appointment

    Sunilkumar Balasubramanniam Puthucode was appointed as a Additional Director was appointed as a Additional Director on 11 Jan 2024 & has been associated with this company since 1 year 1 month .

    11 Jan 2024

  • Annual General Meeting

    Greaves Finance Limited last Annual general meeting of members was held on 18 Aug 2023 as per latest MCA records.

    18 Aug 2023

  • Director Appointment

    Fredrick Pinto was appointed as a Company Secretary was appointed as a Company Secretary on 06 May 2023 & has been associated with this company since 1 year 9 months .

    06 May 2023

  • Balance Sheet

    Greaves Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Sandeep Divakaran was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 10 Nov 2022 & has been associated with this company since 2 years 3 months .

    10 Nov 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Greaves Finance Limited was incorporated on 31 Dec 1958.

  • The authorized share capital of Greaves Finance Limited is ₹ 32.00 Cr and paid-up capital is ₹ 3.49 M.

  • Currently 6 directors are associated with Greaves Finance Limited.

    • Sunilkumar Balasubramanniam Puthucode
    • Fredrick Pinto
    • Kurien Elias
    • Sandeep Divakaran
    • Akhila Balachandar
    • Vijay Dilbagh Rai
  • 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, Mumbai, Maharashtra, India, 400070.

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

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

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

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

  • As per the financial statements for fiscal Year 2023, The total open charges for Greaves Finance Limited amount to ₹ 2.50 M.

  • The most recent Balance Sheet for Greaves Finance Limited was filed with the ROC on 31 Mar 2023.

Similar Companies Based on NBFC