Green Malabar Finance Ventures Limited

Provides financial intermediation services, including investment in securities and distribution of funds.

1990 | Chennai, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Green Malabar Finance Ventures Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 7.60 Cr
  • Company Age 34 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 60.24 Cr
  • Satisfied Charges ₹ 160.77 Cr
  • Revenue Growth 47.27%
  • Profit Growth 77.01%
  • Ebitda 384.86%
  • Net Worth 0.64%
  • Total Assets -2.71%

About Green Malabar Finance Ventures

Green Malabar Finance Ventures Limited (GMFVL) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 February 1990 and has a history of 34 years and 11 months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Aig Consumer Financial Services (India) 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 10.00 Cr and a paid-up capital of Rs 7.60 Cr.

The company currently has active open charges totaling ₹60.24 Cr. The company has closed loans amounting to ₹160.77 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rohit Hegde, Akash Mehta, Tarana Lalwani, and Four other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65991TN1990PLC018744

  • Company No.

    018744

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Feb 1990

  • Date of AGM

    08 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

Who are the key members and board of directors at Green Malabar Finance Ventures?

Executive Team (1)

NameDesignationAppointment DateStatus
Suresh Gurumani Country flag representing In Managing Director14-Dec-2018Current

Board Members (6)

NameDesignationAppointment DateStatus
Ramachandran Chellam Country flag representing In Director 02-Apr-2021Current
Rohit Hegde Country flag representing In Director 24-Mar-2023Current
Akash Mehta Country flag representing Us Director 20-Oct-2010Current
Tarana Lalwani Country flag representing In Director 20-Oct-2010Current
Sriram Kalyanaraman Country flag representing In Director 24-Mar-2023Current
Andrews Jacklyn Country flag representing In Director 31-May-2012Current

Financial Performance of Green Malabar Finance Ventures.

Green Malabar Finance Ventures Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 47.27% increase. The company also saw a substantial improvement in profitability, with a 77.01% increase in profit. The company's net worth moved up by a moderate rise of 0.64%.

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
47.27%
Revenue from Operations
47.21%
Total Assets
-2.71%
Profit or Loss
77.01%
Net Worth
0.64%
EBITDA
384.86%

What is the Ownership and Shareholding Structure of Green Malabar Finance Ventures?

In 2023, Green Malabar Finance Ventures had a promoter holding of 82.11% and a public holding of 17.88%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹60.24 Cr

Satisfied Charges

₹160.77 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 30.24 Cr
  • Others : 30.00 Cr

Latest Charge Details

DateLenderAmountStatus
30 Sep 2024Others₹5.00 CrOpen
10 May 2023Others₹15.00 CrOpen
23 Jan 2023Others₹10.00 CrOpen
17 Nov 2022State Bank Of India₹2.35 MOpen
17 Sep 2020State Bank Of India₹30.00 CrOpen

How Many Employees Work at Green Malabar Finance Ventures?

Unlock and access historical data on people associated with Green Malabar Finance Ventures, 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 Green Malabar Finance Ventures, 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 Green Malabar Finance Ventures'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 Green Malabar Finance Ventures

Recent activity within the organization

  • Charges

    A charge registered on 20 Sep 2023 via Charge ID 100790597 with Others was fully satisfied on 22 Oct 2024.

    22 Oct 2024

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100987332 was registered on 30 Sep 2024.

    30 Sep 2024

  • Charges

    A charge with Others of Rs. 10.00 Cr registered on 23 Jan 2023 with Charge ID 100676730 was modified on 10 Jul 2024.

    10 Jul 2024

  • Annual General Meeting

    Green Malabar Finance Ventures Limited last Annual general meeting of members was held on 08 Jul 2024 as per latest MCA records.

    08 Jul 2024

  • Balance Sheet

    Green Malabar Finance Ventures Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge registered on 20 Sep 2022 via Charge ID 100615677 with Others was fully satisfied on 02 Nov 2023.

    02 Nov 2023

Frequently asked questions

  • Green Malabar Finance Ventures Limited was incorporated on 16 Feb 1990.

  • The authorized share capital of Green Malabar Finance Ventures Limited is ₹ 10.00 Cr and paid-up capital is ₹ 7.60 Cr.

  • Currently 7 directors are associated with Green Malabar Finance Ventures Limited.

    • Rohit Kushal Hegde
    • Akash Aman Mehta
    • Tarana Suresh Lalwani
    • Sriram Kalyanaraman
    • Ramachandran Chellam
    • Andrews Jacklyn
    • Suresh Gurumani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Green Malabar Finance Ventures Limited is No.20C/2A Sarangapani Street T-Nagar, India, Chennai, Tamil Nadu, 600017.

  • The corporate identification number (CIN) of Green Malabar Finance Ventures Limited is U65991TN1990PLC018744 and the company number is 018744 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Green Malabar Finance Ventures Limited is https://www.petromoney.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Green Malabar Finance Ventures Limited has risen by 47.27%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Green Malabar Finance Ventures Limited has experienced an upsurge of 0.64%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Green Malabar Finance Ventures Limited amount to ₹ 60.24 Cr.

  • The most recent Balance Sheet for Green Malabar Finance Ventures Limited was filed with the ROC on 31 Mar 2024.

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