Growing Opportunity Finance (India) Profile
Key Indicators
- Authorised Capital ₹ 50.00 Cr
- Paid Up Capital ₹ 5.01 Cr
- Company Age 18 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 30.00 Cr
- Satisfied Charges ₹ 729.32 Cr
- Revenue Growth -72.54%
- Profit Growth -25.10%
- Ebitda -973.45%
- Net Worth -28.94%
- Total Assets -75.33%
About Growing Opportunity Finance (India)
Growing Opportunity Finance (India) Private Limited (GOFIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 February 2006 and has a history of 18 years and 11 months. Its registered office is in Chennai, Tamil Nadu, India.
The Company is engaged in the Finance And Insurance 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 50.00 Cr and a paid-up capital of Rs 5.01 Cr.
The company currently has active open charges totaling ₹30.00 Cr. The company has closed loans amounting to ₹729.32 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Growing Opportunity Finance (India) Private Limited India is James Moses as CEO. Manas Bid and Johshy Tewes serve as directors at the Company.
Company Details
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Location
Chennai, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U65999TN2006PTC058885
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Company No.
058885
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
16 Feb 2006
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Date of AGM
08 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Growing Opportunity Finance (India)?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| James Moses | CEO | 16-Jun-2021 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Manas Bid
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Nominee Director | 28-Apr-2023 | Current |
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Johshy Tewes
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Director | 16-Feb-2006 | Current |
Financial Performance of Growing Opportunity Finance (India).
Growing Opportunity Finance (India) Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 72.54% decrease. The company also saw a substantial fall in profitability, with a 25.1% decrease in profit. The company's net worth observed a substantial decline by a decrease of 28.94%.
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What is the Ownership and Shareholding Structure of Growing Opportunity Finance (India)?
In 2023, Growing Opportunity Finance (India) had a promoter holding of 0.20% and a public holding of 99.80%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Transformational Opportunities ServicesJohshy Tewes is a mutual person
Charges (Loans)
₹30.00 Cr
₹729.32 Cr
Charges Breakdown by Lending Institutions
- Others : 30.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Aug 2020 | Others | ₹5.00 Cr | Open |
| 03 Mar 2020 | Others | ₹8.00 Cr | Open |
| 27 Feb 2020 | Others | ₹3.00 Cr | Open |
| 16 Dec 2019 | Others | ₹2.00 Cr | Open |
| 04 Nov 2019 | Others | ₹3.00 Cr | Open |
How Many Employees Work at Growing Opportunity Finance (India)?
Growing Opportunity Finance (India) has a workforce of 206 employees as of Mar 29, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Growing Opportunity Finance (India), 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 Growing Opportunity Finance (India)'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.
