Listed on Bombay Stock Exchange, Gilada Finance and Investments (GFIL) is a stand-alone entity of Gilada Group. The maiden public issue of GFIL in Dec 1995 for Rs 150 lakh was over-subscribed several times. The promoters’ vast experience in the field of finance brings in the necessary edge for GFIL in the market. Registered as an NBFC with the Reserve Bank of India, GFIL has an excellent record of accomplishment. Since inception, it is growing at a phenomenal rate from year to year and steadily increasing its market share in the respective fields. Presently, GFIL is operating out of five branches across Karnataka - Bijapur, Bidar, Gulbarga, Yadgir & Peenya (Bengaluru), and is headquartered out of Sanjaynagar (Bengaluru).
GILADA Group of Industries is promoted and headed by Shankarlal Gilada, Chairman of the group. The group has varied business interests in over 35 companies.
Business area of the company:
Gilada Finance is in to the financial services. The company aims to help bridge the financing gap for the micro and small entrepreneurs, being presently either not catered to, or being catered to insufficiently by the existing financing channels.
Products:
The loan assistance is provided through the following products
- Vehicle Loans
- Mortgage Loans
- SME Loans
- Personal Loans