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GOODLUCK ADVANCES AND FINLEASE LIMITED is a registered Non-Banking Financial Company (NBFC) incorporated on 31st December 1995. The company is classified as a Non-government public limited entity and is registered with the Registrar of Companies, Chandigarh. It is headquartered in Punjab and operates under NIC Code 74, which includes a range of other business and financial service activities.
Historically, the company has focused on offering financial services and business activities, maintaining a stable capital structure and regulatory compliance since inception. The company’s governance is overseen by an experienced board including Mr. Tejinder Singh Walia, Mr. Sadhu Singh Walia, Mrs. Sukhvinder Kaur Walia, Mr. Loveleen Kumar Garg and Mr.Sanjeev Kumar, who bring deep insights into finance and management.
As of the latest filings, Goodluck Advances and Finlease Limited has an authorized share capital of ₹70 lakhs and a paid-up capital of ₹65.85 lakhs, reflecting a healthy financial base. The company held its most recent Annual General Meeting (AGM) on 30th December 2023, and its financial statements were last filed for the year ending 31st March 2023, in accordance with the Ministry of Corporate Affairs (MCA) norms.
While primarily engaged in business activities categorized under its NIC code, the company continues to explore opportunities in financial advancement, advisory, and structured commercial engagement, aligning with long-term value creation objectives for its stakeholders.
Diversification of Revenue Streams
Diversification of Revenue Streams
Goodluck Advances and Finlease Limited is steadily transitioning from a traditionally business-activity-oriented model to a more diversified portfolio that includes revenue generation through credit income and lending-based financial services. The company is focused on building integrated and synergistic platforms within its NBFC operations, exploring structured lending, financial advisory, and alternate credit strategies to foster scalability and long-term value creation. With an efficient cost structure in place, Goodluck Advances and Finlease Limited aims to optimize returns while ensuring disciplined credit deployment. The company continues to strengthen its disbursement capabilities, prioritizing collections from its existing portfolio and reallocation of capital into high-yield structured finance opportunities.
Servicing & Advisory
Servicing & Advisory
Goodluck Advances and Finlease Limited aims to strengthen its presence in the financial services space by exploring opportunities in corporate servicing and credit advisory. This strategic move aligns with the company’s long-term vision to expand its footprint in the credit and asset segments through multiple verticals. By leveraging its established foundation and operational experience, the company seeks to enhance its revenue streams and overall profitability. With prudent financial management and a disciplined approach, Goodluck Advances and Finlease Limited is focused on delivering sustainable growth and is targeting a Return on Equity (RoE) of 20% across its evolving platforms in the near future.
Integrated Equity Investments & Credit Business
Integrated Equity Investments & Credit Business
Goodluck Advances and Finlease Limited is among the established NBFCs operating with a focus on business services and financial facilitation, with a steady evolution toward diversified financial offerings. While traditionally engaged in business activities, the company is now working towards building a balanced model that integrates both investment oversight and credit-based revenue generation. On the advisory and services side, the company is positioned to leverage emerging opportunities within India’s growing financial ecosystem, particularly by supporting structured financial solutions and extending advisory to SMEs and corporates. On the credit front, the company is exploring selective lending opportunities aligned with its prudent risk framework, targeting segments with consistent repayment behavior and growth linkage. Together, these efforts reflect a disciplined and sustainable financial approach, aiming to ensure long-term value creation for all stakeholders.
Strategic Capital Allocation
Strategic Capital Allocation
Goodluck Advances and Finlease Limited aims to strategically allocate capital toward strengthening its lending operations, while continuing its core business activities. The company plans to reinvest collections and a portion of its capital base into credit-linked ventures, targeting a balanced long-term portfolio across advisory, services, and structured finance.
Maintaining a Strong Balance Sheet
Maintaining a Strong Balance Sheet
Goodluck Advances and Finlease Limited remains committed to maintaining a strong and stable balance sheet, with minimal leverage, ensuring financial discipline and supporting sustainable growth across its evolving credit and advisory operations.
Strong Management & Governance
Strong Management & Governance
Goodluck Advances and Finlease Limited emphasizes strong governance, guided by an experienced board and leadership team, ensuring prudent decision-making and effective execution across its financial and advisory initiatives.
Credit Rating
Credit Rating
Goodluck Advances and Finlease Limited maintains regulatory compliance and financial discipline; however, no formal credit rating has been publicly disclosed as of the latest available records.
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