Boal Financial Private Limited - Company Profile

It is a financial services private limited company based in Bangalore, Karnataka, India, established in 1986.
1986 Bangalore, Karnataka, India Active
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About Boal Financial Private Limited

Boal Financial Private Limited, a active private limited company, was established on 10 July 1986 in Bangalore, Karnataka, India. Engaging in auxiliary to financial intermediatory within the financial and insurance service sector, it holds CIN: U67100KA1986PTC007691. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹1.00 M.

Formerly known as Boal Financial Services Private Limited, Wealth Lab Private Limited. It upholds a compliant status. Its leadership includes Karan Boal (Whole-Time Director), Kiran Chandra Navin Boal (Whole-Time Director), Chandrika Boal (Whole-Time Director). Past directors included Karan Boal, Kiran Chandra Navin Boal, Chandrika Boal. It holds no open charges and ₹30.00 K settled loans. Its latest AGM occurred on 25 September 2025, with the balance sheet filed on 31 March 2025. It is based at Boal Centre, 3Rd Floor, 2Nd Cross, Gandhinagar, Bangalore, Karnataka, 560009.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U67100KA1986PTC007691

  • Registration Number

    007691

  • Incorporation Date

    10 July 1986

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹1.00 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 39 Year, 7 Months
  • Last Filing with ROC 31 Mar 2025
  • Satisfied Charges ₹ 30.00 K
Company report

Boal Financial Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Boal Financial Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Boal Financial Private Limited?
Current Directors
Name Designation Appointment Date Status
Karan Boal Whole-Time Director 01 Apr 2010 Current
Kiran Chandra Navin Boal Whole-Time Director 10 Jul 1986 Current
Chandrika Boal Whole-Time Director 10 Jul 1986 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 01 Oct 2013 Past
Pramod Abcsdd Director 01 Oct 2013 Past
Pramod Abcsdd Director 01 Oct 2013 Past
Pramod Abcsdd Director 03 Mar 2012 Past

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Financial Performance of Boal Financial.

Boal Financial Private Limited, for the financial year ended 2017, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

Boal Financial revenue growth over time
Boal Financial profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
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What is the Ownership and Shareholding Structure of Boal Financial?

In 2017, Boal Financial 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 Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹30,000.00

Charges Breakdown by Lending Institutions
  • State Bank Of India : 0.00 Cr
Latest Charge Details
Date Lender Amount Status
26 Mar 1991 State Bank Of India ₹0.03 M Satisfied

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How Many Employees Work at Boal Financial?

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Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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Rating
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Alerts
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Latest Updates, News, and FAQs on Boal Financial
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Boal Financial Private Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Boal Financial Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was documented.

  • Charges

    Progress on A charge registered on 26 Mar 1991 via Charge ID 90193592 with State Bank Of India was fully satisfied on 07 Mar 2017. was documented.

  • Director Appointment

    Progress on Karan Boal was appointed as a Whole-time director was appointed as a Whole-time director on 01 Apr 2010 & has been associated with this company since 15 years 10 months . was documented.

  • Charges

    The activity A charge with State Bank Of India amounted to Rs. 0.03 M with Charge ID 90193592 was registered on 26 Mar 1991. was completed.

  • Director Appointment

    Kiran Chandra Navin Boal was appointed as a Whole-time director was appointed as a Whole-time director on 10 Jul 1986 & has been associated with this company since 39 years 7 months . was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Boal Financial Private Limited?

The CIN of Boal Financial Private Limited is U67100KA1986PTC007691.

Where is Boal Financial Private Limited headquartered?

Boal Financial Private Limited is headquartered at Boal Centre, 3Rd Floor, 2Nd Cross, Gandhinagar, Bangalore, Karnataka, 560009.

When was Boal Financial Private Limited incorporated?

Boal Financial Private Limited was incorporated on 10 July 1986.

Who are the current directors of Boal Financial Private Limited?

The current directors of Boal Financial Private Limited are

What is the primary industry of Boal Financial Private Limited?

The primary industry of Boal Financial Private Limited is Financial And Insurance Service.

Is Boal Financial Private Limited a listed company?

Boal Financial Private Limited is unlisted.

What is the capital structure of Boal Financial Private Limited?

The authorized capital of Boal Financial Private Limited is ₹1.00 M, and the paid-up capital is ₹1.00 M.

What is the compliance status of Boal Financial Private Limited?

The compliance status of Boal Financial Private Limited is Compliant.

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