G.L. Finance Pvt Ltd
About G.L. Finance Pvt Ltd
Data last updated:
G.L. Finance Pvt Ltd was a private limited company based in Kolkata, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the diversified financial services segment of the financial services sector. It was incorporated on 07 February 1990.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U67120WB1990PTC048327.
The company had an authorised share capital of ₹2.25 Cr and a paid-up capital of ₹1.19 Cr. It was led by directors Kanhaiya Lal Tulsyan and Harsh Tulsyan.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 5A Robinson Street, Kolkata, West Bengal, India – 700017.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.33 Lakh, a decline of 8% compared to the previous year. For the same year it recorded a net loss of ₹6.66 Lakh (net margin -200%) and EBITDA of -₹6.53 Lakh (EBITDA margin -196.1%). Revenue has grown at a compounded annual rate (CAGR) of 51% over three years and 59% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
Company details
Contact details
G.L. Finance Pvt Ltd's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address5A Robinson Street, Kolkata, West Bengal, India – 700017
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of G.L. Finance Pvt Ltd, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of G.L. Finance is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of G.L. Finance Pvt Ltd, buy the company report.
Financials of G.L. Finance Pvt Ltd
FY 2023 filings availableG.L. Finance Pvt Ltd reported revenue of ₹3.33 Lakh (down 8% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 59%. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3.33 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹6.53 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.66 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -196.1% | ||||
| Net Profit Margin | -200% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of G.L. Finance Pvt Ltd, buy the company report.
Board of directors of G.L. Finance Pvt Ltd
G.L. Finance has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kanhaiya Lal Tulsyan | Director | 02 Oct 2003 | 23 Years 0 Months | As last reported |
| Harsh Tulsyan | Director | 30 Apr 2010 | 16 Years 6 Months | As last reported |
Peer comparison
G.L. Finance Pvt Ltd is compared with the 3 companies closest to it by revenue in the BFSI industry (Finance, Other Financial Services), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Iibs Securities Private Limited | ₹3.61 Lakh (FY 2020) | 21.0% | Firozabad, Uttar Pradesh, India | |||
| Kartavya Mercantile Private Limited | ₹3.6 Lakh (FY 2025) | 0.0% | Kolkata, West Bengal, India | |||
| Eyeball Finance & Management Consultants Private Limited | ₹3.6 Lakh (FY 2020) | 1072.0% | Mumbai, Maharashtra, India | |||
| G.L. Finance Pvt Ltdthis company | ₹3.33 Lakh (FY 2023) | -₹6.66 Lakh | -200% | -8.0% | Kolkata, West Bengal, India |
To see the full peer comparison of G.L. Finance Pvt Ltd, buy the company report.
Auditor
G.L. Finance Pvt Ltd is audited by B.Jajodia & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B.Jajodia & Co. | FY 2023 | 326338E |
Shareholding
The shareholding of G.L. Finance Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of G.L. Finance Pvt Ltd, buy the company report.
Legal cases
G.L. Finance Pvt Ltd has 1 court case on record: 1 filed by G.L. Finance. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Kolkata | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of G.L. Finance Pvt Ltd, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for G.L. Finance Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
G.L. Finance has 3 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for G.L. Finance Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
G.L. Finance Pvt Ltd has 4 board changes on record since 2003: 2 appointments and 2 cessations. The latest: Harsh Tulsyan was appointed as Director on 30 Apr 2010.
Frequently asked questions
G.L. Finance has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
G.L. Finance was a private limited company based in Kolkata, West Bengal, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 07 February 1990 and is registered under CIN U67120WB1990PTC048327. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
G.L. Finance was incorporated on 07 February 1990. It is registered with the Registrar of Companies, Kolkata.
G.L. Finance had 2 directors:
- Kanhaiya Lal Tulsyan - Director
- Harsh Tulsyan - Director
The CIN (Corporate Identification Number) of G.L. Finance is U67120WB1990PTC048327. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of G.L. Finance is at 5A Robinson Street, Kolkata, West Bengal, India – 700017.
The latest financial statements of G.L. Finance on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
G.L. Finance operated in the financial services industry, in the diversified financial services segment.
The peers of G.L. Finance by revenue are Iibs Securities Private Limited, Kartavya Mercantile Private Limited, Eyeball Finance & Management Consultants Private Limited, all in the BFSI industry (Finance, Other Financial Services), with the same principal business activity (other financial activities).
G.L. Finance has 1 court case on record: 1 filed by the company.
Harsh Tulsyan was appointed as Director on 30 Apr 2010. Purushottam Das Tulsyan ceased to be Director on 30 Apr 2010. Satya Tulsyan Narayan ceased to be Director on 30 Apr 2010. G.L. Finance has 4 board changes on record in total.
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