September 30, 2016 7:30 AM ET

Consumer Finance

Company Overview of Grameen Koota Financial Services Private Limited

Company Overview

Grameen Financial Services Private Limited, a non-banking financial company, provides micro finance services primarily to women from rural poor and low income households in Karnataka, Maharashtra, and Tamil Nadu. The company offers income generation, home improvement, emergency, family welfare, and home construction loans; life and healthcare insurance products; and pension schemes, as well as non-financial services. As of March 31, 2014, it operated 176 branches in 42 districts. The company was founded in 1999 and is headquartered in Bengaluru, India.

#49, 46th Cross

8th Block

Jayanagar

Bengaluru,  560071

India

Founded in 1999

3,835 Employees

Phone:

91 80 3041 8100

Fax:

91 80 2843 6237

Key Executives for Grameen Koota Financial Services Private Limited

Chief Executive Officer, Managing Director, Whole-Time Director, Member of Shares & Debenture Allotment Committee, Member of Executive, Borrowings & Investment Committee, Member of Asset & Liabilities Management Committee, Member of Nomination & Remuneration Committee, Member of Shareholders' & Grievance Committee, Member of Risk Management Committee and Member of Corporate Social Responsibility (CSR) Committee
Founder, Chairman, Chairman of Executive, Borrowings & Investment Committee, Chairman of Shares & Debenture Allotment Committee, Member of Nomination & Remuneration Committee and Member of Shareholders' & Grievance Committee
Age: 58
Chief Financial Officer
State Head of Maharashtra, Madhya Pradesh & Chhattisgarh
Head of Centralised Operations
Compensation as of Fiscal Year 2016.

Grameen Koota Financial Services Private Limited Key Developments

Grameen Koota Financial Services Private Limited Reports Unaudited Standalone Earnings Results for the Six Months Ended September 30, 2015

Grameen Koota Financial Services Private Limited reported unaudited standalone earnings results for the six months ended September 30, 2015. For the six months, the company reported interest earned of INR 1,939.5 million compared to INR 1,053.9 million a year ago. Operating profit before provisions of contingents was INR 698.2 million compared to operating profit before provisions of contingents of INR 362.2 million a year ago. Profit from ordinary activities before tax was INR 665.6 million compared to profit from ordinary activities before tax of INR 344.0 million a year ago. Net profit was INR 429.3 million compared to net profit of INR 224.9 million a year ago. Diluted profit per share was INR 5.82 compared to diluted profit per share of INR 4.24 a year ago.

Grameen Koota Financial Services Private Limited, Board Meeting, Nov 27, 2015

Grameen Koota Financial Services Private Limited, Board Meeting, Nov 27, 2015. Agenda: To consider unaudited standalone earnings results for the six months ended September 30, 2015.

Grameen Koota Financial Services Pvt Ltd Announces Change of Corporate Address

Grameen Koota Financial Services Pvt Ltd. has announced that the corporate address of the company has changed to #49, 46th Cross, 8th Block, Jayanagar, Bangalore - 560071.

Recent Private Companies Transactions

Type
Date
Target
Private Placement
May 18, 2016
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