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GIC Housing Finance Ltd. (India)

Main Activities: Real Estate Credit
Full name: GIC Housing Finance Ltd. Profile Updated: March 27, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

GIC Housing Finance Ltd., located in Mumbai, is a housing finance company that was incorporated as 'GIC Grih Vitta Limited' on December 12, 1989. It later changed its name to GIC Housing Finance Ltd. on November 16, 1993. The company's main business is providing housing loans to individuals and entities involved in residential construction. GIC Housing Finance Ltd. follows fair and ethical lending policies that prioritize customer satisfaction and aim to create wealth for its shareholders. The company is promoted by General Insurance Corporation of India and its former subsidiaries, including National Insurance Company Limited, The New India Assurance Company Limited, The Oriental Insurance Company Limited, and United India Insurance Company Limited. GIC Housing Finance Ltd. has a nationwide presence with 75 offices and a strong marketing team supported by Sales Associates. It also has partnerships with builders to offer financing options to individual borrowers. The company's main services include home loans, affordable home loans, and non-housing loans. Contact information: GIC Housing Finance Ltd. National Insurance Building 6th floor, 14, Jamshedji Tata Road, Churchgate, Mumbai – 400020. State: Maharashtra Tel: 022-43041900 Fax: (022) 22884985 Website: www.gichfindia.com Email: corporate@gichf.com

Legal Address
National Insurance Building,, , 6th Floor
Mumbai; Maharashtra; Postal Code: 400020

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Website: http://www.gichfindia.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1989
Key Executives
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Sr. VP (Operations)
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Sr. VP (Operations)
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Sr. VP (Operations)
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Sr. VP (Operations)
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Sr. VP (Operations)
Ownership Details
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42.41%
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34.44%
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13.97%
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5.9%
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3.28%
Company Performance
Financial values in the chart are available after GIC Housing Finance Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Net sales revenue
-8.1%
Total operating revenue
-7.46%
Operating profit (EBIT)
-4.56%
EBITDA
-3.7%
Net Profit (Loss) for the Period
-21.55%
Total equity
0%
Operating Profit Margin (ROS)
3.08%
Net Profit Margin
-2.12%
Return on Equity (ROE)
-49.83%

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