Gruh Finance Limited

This company provides rural housing finance and offers various home loan products to low-income individuals.

1986 | Ahmedabad, Gujarat (India) | Merged
Last Updated: January 17, 2025

Gruh Finance Profile

Key Indicators

  • Authorised Capital ₹ 200.00 Cr
  • Paid Up Capital ₹ 146.81 Cr
  • Company Age 38 Year, 7 Months
  • Last Filing with ROC 31 Mar 2019
  • Satisfied Charges ₹ 3,723.70 Cr
  • Revenue Growth 20.12%
  • Profit Growth 23.30%
  • Ebitda 24.04%
  • Net Worth 36.97%
  • Total Assets 16.87%

About Gruh Finance

Gruh Finance Limited (GFL) is Amalgamated company established on 21 Jul 1986 with its office registered at Ahmedabad, Gujarat, India and has been running since 38 Year, 7 Months with a paid up capital of 146.81 Cr. According to MCA records, 9 Directors and 2 Signatories are linked to this company as of 17 Jan 2025.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    gruh.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L65923GJ1986PLC008809

  • Company No.

    008809

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 Jul 1986

  • Date of AGM

    19 Jul 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Financial Services

What products or services does Gruh Finance Limited offer?

Gruh Finance Limited offers a wide range of products and services, including Home, Auto & Other Loan Services, Loan Service Providers, Business Loan, Construction Loan, Personal Loan, Consumer Loan, Home Loan.

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

Executive Team (3)

NameDesignationAppointment DateStatus
Sudhin Choksey Country flag representing In Managing Director01-Apr-2008Current
Marcus Lobo Country flag representing In Company Secretary21-May-1994Current
Hitesh Agrawal CFO19-Jan-2015Current

Board Members (8)

NameDesignationAppointment DateStatus
Krishnamurthy Gopalratnam Country flag representing In Director 17-Jan-2004Current
Keki Mistry Country flag representing In Director 28-Jul-2000Current
Biswamohan Mahapatra Country flag representing In Director 19-Mar-2015Current
Bhavna Doshi Country flag representing In Director 20-Jan-2018Current
Kamlesh Hasmukhlal Country flag representing In Whole-Time Director 11-Apr-2014Current
Rajesh Gupta Country flag representing In Director 17-Apr-2017Current

Financial Performance of Gruh Finance.

Gruh Finance Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 20.12% increase. The company also saw a substantial improvement in profitability, with a 23.3% increase in profit. The company's net worth Soared by an impressive increase of 36.97%.

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
20.12%
Revenue from Operations
20.09%
Total Assets
16.87%
Profit or Loss
23.30%
Net Worth
36.97%
EBITDA
24.04%

What is the Ownership and Shareholding Structure of Gruh Finance?

In 2019, Gruh Finance had a promoter holding of 56.09% and a public holding of 43.90%. 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

Satisfied Charges

₹3,723.70 Cr

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 3723.70 Cr
  • National Housing Bank : 0.00 Cr

Latest Charge Details

DateLenderAmountStatus
13 Jun 2017Idbi Trusteeship Services Limited₹565.00 CrSatisfied
09 Jun 2017Idbi Trusteeship Services Limited₹375.00 CrSatisfied
01 May 2017Idbi Trusteeship Services Limited₹300.00 CrSatisfied
05 Jul 2016Idbi Trusteeship Services Limited₹250.00 CrSatisfied
19 Nov 2015Idbi Trusteeship Services Limited₹47.00 CrSatisfied

How Many Employees Work at Gruh Finance?

Gruh Finance has a workforce of 8 employees as of Apr 06, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Gruh Finance Limited last Annual general meeting of members was held on 19 Jul 2019 as per latest MCA records.

    19 Jul 2019

  • Charges

    A charge registered on 13 Jun 2017 via Charge ID 100115273 with Idbi Trusteeship Services Limited was fully satisfied on 10 Jun 2019.

    10 Jun 2019

  • Balance Sheet

    Gruh Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Ahmedabad.

    31 Mar 2019

  • Charges

    A charge registered on 09 Jun 2017 via Charge ID 100115271 with Idbi Trusteeship Services Limited was fully satisfied on 27 Mar 2019.

    27 Mar 2019

  • Charges

    A charge registered on 01 May 2017 via Charge ID 100100673 with Idbi Trusteeship Services Limited was fully satisfied on 15 Mar 2019.

    15 Mar 2019

  • Charges

    A charge registered on 19 Nov 2015 via Charge ID 10606038 with Idbi Trusteeship Services Limited was fully satisfied on 01 Nov 2018.

    01 Nov 2018

Recent News, Updates & Announcement

Frequently asked questions

  • Gruh Finance Limited was incorporated on 21 Jul 1986.

  • The authorized share capital of Gruh Finance Limited is ₹ 200.00 Cr and paid-up capital is ₹ 146.81 Cr.

  • Currently 11 directors are associated with Gruh Finance Limited.

    • Marcus Norbert Lobo
    • Biswamohan Mahapatra
    • Kamlesh Shah Hasmukhlal
    • Bhavna Gautam Doshi
    • Rajesh Narain Gupta
    • Pankaj Ramanbhai Patel
    • Sudhir Gunvantray Mankad
    • Sudhin Bhagwandas Choksey
    • Krishnamurthy Kulumani Gopalratnam
    • Keki Minoo Mistry
    • Hitesh Rajendrakumar Agrawal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Gruh Finance Limited is Gruh Netaji Margnr Mithakali Six Roads Ellisbridge India, Ahmedbad, Gujarat, 380006.

  • The corporate identification number (CIN) of Gruh Finance Limited is L65923GJ1986PLC008809 and the company number is 008809 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Gruh Finance Limited is https://www.gruh.com

  • According to the financial reports for the fiscal year 2019, the revenue trend for Gruh Finance Limited has risen by 20.12%.

  • As Per 2019 financial reports, 8 employees are currently employed by Gruh Finance Limited.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Gruh Finance Limited has experienced an upsurge of 36.97%.

  • The most recent Balance Sheet for Gruh Finance Limited was filed with the ROC on 31 Mar 2019.

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