Galada Finance Limited logo

Galada Finance Limited

Provides financing and insurance solutions for automobiles, equipment, and machinery. Registered with RBI.

1986 Chennai, Tamil Nadu (India) Active

About

Basic Data Updated:

12 days ago

Galada Finance Limited is involved in the business of hire purchase and leasing. It has been registered with RBI (Reserve Bank of India) as a deposit taking Non-Banking Finance Company. Solutions for automobile financing, equipment and machinery financing, and insurance are provided by the company. As of September 2015, operations of GFL can be found in Tamil Nadu, Andra Pradesh, and Maharashtra.

Industry

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Website
    1222442
  • Telephone
    1222442
  • Email Address
    1222442
CIN/LLPIN/FCRNL65191TN1986PLC012826
Company No.012826
Stock Symbol BSE : 538881
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date25 Mar 1986
Date of AGM15 Jul 2023
Date of Balance Sheet31 Mar 2023
Listing StatusListed
ROC CodeRoc Chennai

Financials of Galada Finance Limited

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Galada Finance Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.88% decrease. The company also saw a substantial improvement in profitability, with a 108.86% increase in profit. The company's net worth moved up by a moderate rise of 0.79%.

Enhance accessibility to Galada Finance's financial data by unlocking access to both Standalone and Consolidated balance sheets, Profit & Loss Statements, Ratios, Related Party Transactions, and additional relevant information.

Corporate Structure

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People in Galada Finance Limited

Executive Team (3)

  • naveen_galada_579770.png
    Naveen Galada In Managing Director

    Appointment Date: 01-Jul-2000

    Status: Current

  • MD

    Mahaveerchand Divya Company Secretary

    Appointment Date: 01-Sep-2022

    Status: Current

  • K

    Krmanimeghala In CFO

    Appointment Date: 29-May-2014

    Status: Current

Board Members(4)

Charges (Loans)

Open Charges Satisfied Charges

₹3.64 cr

₹1.94 cr

LenderAmountStatus

Hdfc Bank Limited

Creation Date: 31 Aug 2023
₹4.91 MOpen

Hdfc Bank Limited

Creation Date: 27 Jan 2023
₹1.94 MOpen

Indian Bank

Creation Date: 09 Mar 1990
₹2.95 CrOpen

Deals i

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Rating

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Alert

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Related Corporates (Common Directorship)

Recent activity within the organization

  • Activity

    Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.49 cr with Charge ID 100809788 was registered on 31 Aug 2023.

    31 Aug 2023
  • Activity

    Annual General Meeting

    Galada Finance Limited last Annual general meeting of members was held on 15 Jul 2023 as per latest MCA records.

    15 Jul 2023
  • Activity

    Balance Sheet

    Galada Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023
  • Activity

    Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.19 cr with Charge ID 100711853 was registered on 27 Jan 2023.

    27 Jan 2023
  • Activity

    Director Appointment

    Mahaveerchand Jain Divya was appointed as a Company Secretary was appointed as a Company Secretary on 01 Sep 2022 & has been associated with this company since 1 year 8 months .

    01 Sep 2022

Frequently asked questions

What is the Incorporation or founding date of Galada Finance Limited?

Galada Finance Limited was incorporated 38 years 1 month ago on 25 Mar 1986 with Registrar of Companies Roc Chennai.

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