Greaves Finance Limited - Company Profile

Q: Who are the current directors of Greaves Finance Limited?

The current directors of Greaves Finance Limited are Sunilkumar Balasubramanniam Puthucode, Akhila Balachandar, Sanjiv Bhasin, Bidadi Anjani Kumar, Fredrick Pinto, Sunilkumar Balasubramanniam Puthucode, Shefali Bairaria Suri, Atindra Nath Basu.

It is a financial services public limited company based in Mumbai, Maharashtra, India, established in 1958.

1958 Mumbai, Maharashtra, India Active

Last Updated: January 11, 2026

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About Greaves Finance Limited

Greaves Finance Limited, a active public limited company, was established on 31 December 1958 in Mumbai, Maharashtra, India. Engaging in investment & credit nbfc within the financial and insurance service sector, it holds CIN: U29299MH1958PLC011250. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹32.00 Cr and a paid-up capital of ₹5.70 M.

Formerly known as Greaves Dronsfield Private Limited, Greaves Leasing Finance Limited. It upholds a compliant status. Its leadership includes Sunilkumar Balasubramanniam Puthucode (Whole-Time Director), Akhila Balachandar (Nominee Director), Sanjiv Bhasin (Additional Director). Past directors included Sudhir Ramdhani Singh, Sunil Kumar Shahi, Sunilkumar Balasubramanniam Puthucode. It holds ₹165.25 Cr open charges and no settled loans. Its latest AGM occurred on 05 September 2025, with the balance sheet filed on 31 March 2025. It is based at Unit No. 1A, 5Th Floor, Tower 3, Equinox Business Park, Lbs Marg, Kurla W, Est,, Mumbai, Maharashtra, 400070.

Company Details

CIN/LLPIN
U29299MH1958PLC011250
Registration Number
011250
Incorporation Date
31 December 1958
Authorized Capital
₹32.00 Cr
Paid-Up Capital
₹5.70 M
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 32.00 Cr as on 11-01-2026
Paid Up Capital ₹ 5.70 M as on 11-01-2026
Company Age 67 Year, 2 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 165.25 Cr as on 11-01-2026
Revenue Growth **** 40.40% (FY 2024)
Profit Growth **** -397.28% (FY 2024)
Ebitda **** -5282.67% (FY 2024)
Net Worth 4937.42% (FY 2024)
Total Assets **** 84.31% (FY 2024)

Comprehensive Company Insights

Explore comprehensive insights into Greaves Finance 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 Greaves Finance Limited?

Current Directors

Name	Designation	Appointment Date	Status
Sunilkumar Balasubramanniam Puthucode	Whole-Time Director	06 Jan 2024	Current
Akhila Balachandar	Nominee Director	05 May 2023	Current
Sanjiv Bhasin	Additional Director	05 Nov 2024	Current
Bidadi Anjani Kumar	Director	17 May 2024	Current
Shefali Bairaria Suri	Additional Director	10 Oct 2025	Current
Atindra Nath Basu	Additional Director	12 Nov 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Company Secretary	09 Sep 2010	Past
Pramod Abcsdd	Nominee Director	26 Apr 2021	Past
Pramod Abcsdd	Additional Director	02 Jul 2024	Past
Pramod Abcsdd	Director	01 Aug 2024	Past
Pramod Abcsdd	Additional Director	12 Sep 2016	Past
Pramod Abcsdd	Additional Director	20 Mar 2020	Past

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Financial Performance of Greaves Finance.

Greaves Finance Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 40.4% increase. The company also saw a substantial fall in profitability, with a 397.28% decrease in profit. The company's net worth Soared by an impressive increase of 4937.42%.

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

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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

********

40.40%

*******

Revenue from Operations

*******

33.28%

*******

Total Assets

*******

84.31%

*******

Profit or Loss

*******

-397.28%

*******

Net Worth

*******

4937.42%

*******

EBITDA

*******

-5282.67%

*******

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What is the Ownership and Shareholding Structure of Greaves Finance?

In 2024, Greaves Finance 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)

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

₹1,652,500,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

Others : 165.00 Cr
Oriental Bank Of Commerce : 0.25 Cr

Latest Charge Details

Date	Lender	Amount	Status
22 Dec 2025	Others	₹25.00 Cr	Open
29 Nov 2025	Others	₹20.00 Cr	Open
16 Oct 2025	Others	₹25.00 Cr	Open
26 Sep 2025	Others	₹25.00 Cr	Open
29 Aug 2025	Others	₹15.00 Cr	Open

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How Many Employees Work at Greaves Finance?

Unlock and access historical data on people associated with Greaves Finance, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Greaves 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 Greaves Finance's trajectory.

Rating

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Alerts

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.

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Latest Updates, News, and FAQs on Greaves Finance

Recent Activity within the Organization

Charges

The activity A charge with Others amounted to Rs. 25.00 Cr with Charge ID 101208846 was registered on 22 Dec 2025. was completed.
22 Dec 2025
Charges

A charge with Others amounted to Rs. 20.00 Cr with Charge ID 101203359 was registered on 29 Nov 2025. was recorded as a recent event.
29 Nov 2025
Director Appointment

Atindra Nath Basu was appointed as a Additional Director was appointed as a Additional Director on 12 Nov 2025 & has been associated with this company since 3 months 20 days . was recorded as a recent event.
12 Nov 2025
Charges

The activity A charge with Others amounted to Rs. 25.00 Cr with Charge ID 101197810 was registered on 16 Oct 2025. was completed.
16 Oct 2025
Director Appointment

The activity Shefali Bairaria Suri was appointed as a Additional Director was appointed as a Additional Director on 10 Oct 2025 & has been associated with this company since 4 months 23 days . was completed.
10 Oct 2025
Charges

The activity A charge with Others amounted to Rs. 25.00 Cr with Charge ID 101183578 was registered on 26 Sep 2025. was completed.
26 Sep 2025

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