GSB Finance
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GSB Finance’s board on 13 July approved raising Rs 4.32 crore through a preferential issue of 12 lakh equity shares at Rs 36 apiece, representing a 20 percent expansion of its equity base. The shares will be allotted to promoters Vivek Kumar Singhal (6.5 lakh shares) and Nivesh Mandi Private Ltd (3.5 lakh shares), alongside three non-promoter investors. The preferential issue will increase the combined promoter holding from about 33.7 percent to nearly 42 percent, with Mr Singhal’s stake alone rising to 30.84 percent. The board also cleared an increase in authorised capital from Rs 6 crore to Rs 10 crore and a change of the company’s name to ‘Coffers Finvest Limited,’ subject to shareholder approval at an extraordinary general meeting scheduled for 10 August 2026. Audit committee changes, the appointment of Mr Ravindra Kumar Singh as internal auditor for FY 2026-27, and the engagement of M/s Ashita Kaul & Associates as secretarial auditor for FY 2025-26 were also ratified.
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GSB Finance’s board on 13 July approved raising Rs 4.32 crore through a preferential issue of 12 lakh equity shares at Rs 36 apiece, representing a 20 percent expansion of its equity base. The shares will be allotted to promoters Vivek Kumar Singhal (6.5 lakh shares) and Nivesh Mandi Private Ltd (3.5 lakh shares), alongside three non-promoter investors. The preferential issue will increase the combined promoter holding from about 33.7 percent to nearly 42 percent, with Mr Singhal’s stake alone rising to 30.84 percent. The board also cleared an increase in authorised capital from Rs 6 crore to Rs 10 crore and a change of the company’s name to ‘Coffers Finvest Limited,’ subject to shareholder approval at an extraordinary general meeting scheduled for 10 August 2026. Audit committee changes, the appointment of Mr Ravindra Kumar Singh as internal auditor for FY 2026-27, and the engagement of M/s Ashita Kaul & Associates as secretarial auditor for FY 2025-26 were also ratified.
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GSB Finance informed the stock exchange that its board will meet on Monday, 13 July 2026, to consider a proposal to raise funds by issuing equity shares. If the board approves, the company could go for a preferential issue or another permitted method, alongside an increase in its authorised share capital. The board will also discuss changing the company’s name and amending the memorandum and articles of association. Shareholders would then be asked to vote on the proposals at an extraordinary general meeting or through a postal ballot.
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GSB Finance informed the stock exchange that its board will meet on Monday, 13 July 2026, to consider a proposal to raise funds by issuing equity shares. If the board approves, the company could go for a preferential issue or another permitted method, alongside an increase in its authorised share capital. The board will also discuss changing the company’s name and amending the memorandum and articles of association. Shareholders would then be asked to vote on the proposals at an extraordinary general meeting or through a postal ballot.
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July 8 (Reuters) - GSB Finance Ltd GSBF.BO:
GSB FINANCE - BOARD TO CONSIDER FUND RAISING BY ISSUE OF EQUITY SHARES
Source text: ID:nBSE5vMhB2
Further company coverage: GSBF.BO
(([email protected];))
July 8 (Reuters) - GSB Finance Ltd GSBF.BO:
GSB FINANCE - BOARD TO CONSIDER FUND RAISING BY ISSUE OF EQUITY SHARES
Source text: ID:nBSE5vMhB2
Further company coverage: GSBF.BO
(([email protected];))
Dec 2 (Reuters) - GSB Finance Ltd GSBF.BO:
GSB FINANCE LTD - SUYASH RAMAKANT BIYANI RESIGNS AS DIRECTOR AND CFO
Source text: ID:nBSE47z6f6
Further company coverage: GSBF.BO
(([email protected];;))
Dec 2 (Reuters) - GSB Finance Ltd GSBF.BO:
GSB FINANCE LTD - SUYASH RAMAKANT BIYANI RESIGNS AS DIRECTOR AND CFO
Source text: ID:nBSE47z6f6
Further company coverage: GSBF.BO
(([email protected];;))
July 21 (Reuters) - GSB Finance Ltd GSBF.BO:
SUYASH RAMAKANT BIYANI NAMED CFO
Source text for Eikon: ID:nBSE6Fr2NC
Further company coverage: GSBF.BO
(([email protected];))
July 21 (Reuters) - GSB Finance Ltd GSBF.BO:
SUYASH RAMAKANT BIYANI NAMED CFO
Source text for Eikon: ID:nBSE6Fr2NC
Further company coverage: GSBF.BO
(([email protected];))
July 12 (Reuters) - GSB Finance Ltd GSBF.BO:
GIRDHARI SAGARMAL BIYANI RESIGNS AS CHIEF FINANCIAL OFFICER
Source text for Eikon: ID:nBSE7ZMY4V
Further company coverage: GSBF.BO
(([email protected];))
July 12 (Reuters) - GSB Finance Ltd GSBF.BO:
GIRDHARI SAGARMAL BIYANI RESIGNS AS CHIEF FINANCIAL OFFICER
Source text for Eikon: ID:nBSE7ZMY4V
Further company coverage: GSBF.BO
(([email protected];))
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What does GSB Finance do?
GSB Finance Ltd. is an Indian investment company that specializes in investing in shares, securities, bonds, and government-backed securities.
Who are the competitors of GSB Finance?
GSB Finance major competitors are StanroseMafatlal Inv, Prismx Global Ventur, CMX Holdings, Ashirwad Capital, Khoobsurat, Easy Fincorp, Shricon Industries. Market Cap of GSB Finance is ₹26 Crs. While the median market cap of its peers are ₹24 Crs.
Is GSB Finance financially stable compared to its competitors?
GSB Finance seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does GSB Finance pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. GSB Finance latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has GSB Finance allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is GSB Finance balance sheet?
Balance sheet of GSB Finance is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of GSB Finance improving?
The profit is oscillating. The profit of GSB Finance is ₹0.72 Crs for Mar 2025, ₹1.57 Crs for Mar 2024 and ₹0.07 Crs for Mar 2023
Is the debt of GSB Finance increasing or decreasing?
The net debt of GSB Finance is decreasing. Latest net debt of GSB Finance is -₹0.36 Crs as of Mar-26. This is less than Mar-25 when it was -₹0.31 Crs.
Is GSB Finance stock expensive?
GSB Finance is expensive when considering the EV/EBIDTA, however latest PE is < 3 yr avg PE. Latest PE of GSB Finance is 0, while 3 year average PE is 25.53. Also latest EV/EBITDA of GSB Finance is 434 while 3yr average is 20.12.
Has the share price of GSB Finance grown faster than its competition?
GSB Finance has given better returns compared to its competitors. GSB Finance has grown at ~19.54% over the last 10yrs while peers have grown at a median rate of 8.92%
Is the promoter bullish about GSB Finance?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in GSB Finance is 55.25% and last quarter promoter holding is 55.25%.
Are mutual funds buying/selling GSB Finance?
There is Insufficient data to gauge this.