About
Basic Data Updated:
14 days agoGIC Housing Finance Limited, formerly known as GIC Grih Vitta Limited, is a company that provides individual housing loans to the middle to low income group in tier II and tier III cities. According to its credit rating report, the company is primarily engaged in lending to the salaried segment, which makes up 72 percent of its total loan portfolio. The business profile of the company mainly consists of retail loans, including fixed/floating and flexifixed rate of interest schemes. Additionally, the company has partnerships with builders to offer financing to individual borrowers, as well as with corporates for various housing finance needs. In collaboration with Kotak Mahindra, GHFL has launched Home Guard Loans, which is a home loan with the option of life insurance. The company's corpo... Read More
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Website1222442
- Telephone1222442
- Email Address1222442
- Social Media1222442
Financials of Gic Housing Finance Limited
Gic Housing Finance Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 6.77% decrease. The company also saw a substantial improvement in profitability, with a 64.41% increase in profit. The company's net worth Soared by an impressive increase of 11.27%.
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Corporate Structure
Unlock access to Gic Housing Finance's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Gic Housing Finance Limited
Unlock and access historical data on people associated with Gic Housing Finance, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (3)
PL
Paul Lobo Managing DirectorAppointment Date: 15-Nov-2022
Status: Current
VG
Varsha Godbole CFOAppointment Date: 29-Oct-2021
Status: Current
NS
Nutan Singh Company SecretaryAppointment Date: 11-Feb-2020
Status: Current
Board Members(12)
Charges (Loans)
Lender | Amount | Status |
---|---|---|
Others Creation Date: 27 Mar 2024 | ₹300.00 Cr | Open |
Others Creation Date: 16 Mar 2024 | ₹250.00 Cr | Open |
Others Creation Date: 30 Oct 2023 | ₹250.00 Cr | Open |
Deals i
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Rating
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Alert
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Related Corporates (Common Directorship)
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Recent activity within the organization
Charges
A charge with Others amounted to Rs. 300.00 cr with Charge ID 100896309 was registered on 27 Mar 2024.
27 Mar 2024Charges
A charge with Others amounted to Rs. 250.00 cr with Charge ID 100891106 was registered on 16 Mar 2024.
16 Mar 2024Charges
A charge registered on 27 Dec 2017 via Charge ID 100147581 with Others was fully satisfied on 17 Jan 2024.
17 Jan 2024Charges
A charge registered on 11 Mar 2022 via Charge ID 100566812 with Idbi Trusteeship Services Limited was fully satisfied on 12 Jan 2024.
12 Jan 2024Charges
A charge registered on 27 Mar 2019 via Charge ID 100255270 with Canara Bank was fully satisfied on 22 Dec 2023.
22 Dec 2023
Recent News, Updates & Announcement
- GIC Housing Finance tanks 13 on weak Q1 results.
Business Standard 14 Aug 2019
- Board of GIC Housing Finance approves increase in borrowing power to Rs 17Kcr.
Business Standard 25 May 2019
- GIC Housing Finance reports marginal fall in Q2 net profit.
Udaipurkiran 27 Nov 2018
- 28 Net Profit Increase in Q4 of 201718 A Humblebrag Win.
When you see your net profit rise by 28 in the last quarter of 201718 financial year winning humblebrag.
Economic Times 24 Apr 2018
- Infosys GIC Housing Finance may give more than 20 return in 2018 HDFC Securities.
TIMES NOW 26 Dec 2017
Frequently asked questions
What is the Incorporation or founding date of Gic Housing Finance Limited?