Gogia Capital Growth avails ₹9 Cr overdraft from ICICI Bank

1 min read     Updated on 22 Jul 2026, 02:13 PM
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Reviewed by
Naman SScanX News Team
AI Summary

Gogia Capital Growth Limited secured a ₹9 Cr overdraft from ICICI Bank on July 10, 2026, for working capital and trading activities. The facility is secured by a property mortgage from Managing Director Ankur Gogia. The Audit Committee approved the loan on July 6, 2026, with Board ratification pending.

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Gogia Capital Growth Limited has secured an overdraft facility of ₹9,00,00,000 from ICICI Bank to meet working capital requirements for its operations as a Trading Member and Depository Participant. The facility was availed on July 10, 2026, and will also support the company's proprietary trading activities.

The borrowing is secured against the mortgage of a property owned by Mr. Ankur Gogia, Managing Director of the company, who has provided the security in favour of ICICI Bank Limited. The company operates as a Trading Member of BSE, NSE and MCX, and as a Depository Participant of NSDL.

The Audit Committee of the company approved the borrowing arrangement in its meeting held on July 6, 2026, in accordance with Regulation 23 of SEBI LODR. The arrangement will be placed before the Board of Directors for ratification in the upcoming Board Meeting.

The company confirmed that there is no impact on the shareholding of the Promoter/Promoter Group and no dilution of equity in any manner. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Detail Information
Lender ICICI Bank Limited
Facility Amount ₹9,00,00,000
Availment Date July 10, 2026
Approval Date July 6, 2026
Security Mortgage of property by MD

Historical Stock Returns for Gogia Capital Growth

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%0.0%+4.81%-35.69%-29.28%-22.05%

How will the deployment of this ₹9 crore facility into proprietary trading activities impact the company's risk profile and volatility?

What specific working capital constraints or growth opportunities prompted the need for this additional liquidity at this time?

Does the reliance on a personal mortgage from the Managing Director indicate potential challenges in securing unsecured corporate financing?

Gogia Capital Growth reports net loss for FY26

2 min read     Updated on 29 May 2026, 08:06 PM
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Shriram SScanX News Team
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Gogia Capital Growth Limited reported a net loss of ₹436.40 lakh for FY26, a reversal from the previous year's profit of ₹330.90 lakh, as total income declined to ₹608.46 lakh. The board approved the audited standalone financial results and proposed applying for the NSE's Electronic Gold Receipts segment to expand commodities market offerings. H D Gupta & Associates LLP issued an unmodified audit opinion, and the company confirmed no investor complaints were pending.

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Gogia Capital Growth Limited reported a net loss of ₹436.40 lakh for the financial year ended March 31, 2026, reversing the net profit of ₹330.90 lakh achieved in the previous year. The company’s total income for FY26 stood at ₹608.46 lakh, a decrease from ₹1,111.30 lakh in FY25, primarily due to a drop in revenue from operations and other income. The board of directors approved the audited standalone financial results for the quarter and year ended March 31, 2026, during a meeting held on May 29, 2026.

The company’s expenses for the year increased to ₹1,043.87 lakh from ₹781.48 lakh in the prior year, driven by higher employee benefits expenses and other operational costs. Revenue from operations for FY26 was ₹50.75 lakh, significantly lower than the ₹252.88 lakh reported in FY25. Other income also fell to ₹557.71 lakh in FY26 from ₹858.43 lakh in the previous year. The basic and diluted earnings per share (EPS) for FY26 were reported at a loss of ₹6.90, compared to a profit of ₹5.23 in FY25.

Strategic Expansion

In addition to the financial results, the board approved a proposal for the company to apply for registration in the Electronic Gold Receipts (EGR) segment of the National Stock Exchange of India Limited (NSE). Gogia Capital Growth Limited is an existing stock broking member and self-clearing member of NSE, BSE, and MCX. This strategic move aims to expand the company's service offerings in the commodities market.

Financial Performance Overview

The following table summarizes the key financial metrics for the quarter and year ended March 31, 2026:

Particulars Quarter Ended 31.03.2026 (Audited) Year Ended 31.03.2026 (Audited) Year Ended 31.03.2025 (Audited)
Total Income 513.43 608.46 1,111.30
Total Expenses 821.87 1,043.87 781.48
Net Profit/(Loss) (308.44) (436.40) 330.90
Basic EPS (4.88) (6.90) 5.23

Auditor’s Report and Compliance

The statutory auditor, H D Gupta & Associates LLP, provided an unmodified opinion on the standalone financial results, confirming compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The auditor's report stated that the financial results give a true and fair view of the company's net loss and other financial information in conformity with Indian Accounting Standards. The company also declared that there were no investor complaints pending at the beginning, received, or remaining unresolved during the quarter ended March 31, 2026.

Historical Stock Returns for Gogia Capital Growth

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%0.0%+4.81%-35.69%-29.28%-22.05%

What is the expected timeline for the NSE Electronic Gold Receipts segment registration and when will it contribute to revenue?

How does the company plan to curb the rising employee benefit expenses and operational costs in the upcoming fiscal year?

What specific strategies will be implemented to reverse the sharp decline in revenue from operations?

More News on Gogia Capital Growth

1 Year Returns:-29.28%