

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
Who are the key members and board of directors at Greaves Finance?
Executive Team (2)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Fredrick Pinto ![]() | Company Secretary | 26-May-2023 | Current |
Sunilkumar Puthucode | CEO | 05-Jul-2024 | Current |
Board Members (4)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Sanjiv Bhasin ![]() | Additional Director | 05-Nov-2024 | Current |
Sunilkumar Puthucode ![]() | Whole-Time Director | 06-Jan-2024 | Current |
Akhila Balachandar ![]() | Nominee Director | 05-May-2023 | Current |
Bidadi Kumar ![]() | Director | 17-May-2024 | Current |
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%.


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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.

Related Corporates (Common Directorship)
- Mikrotek Machines Limited
Bidadi Kumar is a mutual person
- Kennametal India Limited
Bidadi Kumar is a mutual person
- Hindustan Hardy Limited
Sanjiv Bhasin is a mutual person
- Radian Finserv Private Limited
Sanjiv Bhasin is a mutual person
- Cde Asia Limited
Sunilkumar Puthucode is a mutual person
- Interarch Building Products Limited
Sanjiv Bhasin is a mutual person
Charges (Loans)
₹10.25 Cr
₹0
Charges Breakdown by Lending Institutions
- Others : 10.00 Cr
- Oriental Bank Of Commerce : 0.25 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
19 Jul 2024 | Others | ₹10.00 Cr | Open |
20 May 1994 | Oriental Bank Of Commerce | ₹2.50 M | Open |
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.

Deals i

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

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

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
- Greaves Cotton Diversifies Business, Reduces Dependence on Automotive Engines.
Greaves Cotton, a Mumbai-based engineering company, is diversifying its business to reduce its dependence on automotive diesel engines. It has entered new areas such as manufacturing marine engines, electric vehicles, and providing after-sales services. The company's revenue from automotive engines has decreased to 40%, but overall revenue has grown by 10% annually. It has also invested in developing new businesses and upgrading its engine portfolio to meet BS-VI emission norms..
- Greaves Cotton Reports 4.2% Decrease in Q1 Profit, Sees Growth in New Businesses and Launches Electric Vehicle.
Greaves Cotton, a company that makes engines and heavy equipment, reported a 4.2% decrease in profit after tax in the first quarter of FY'19. Despite tough market conditions, the company saw growth in new businesses like CNG, e-mobility, and retail. They also launched a new electric vehicle and now have over 350 retail outlets..
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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