GSB Finance
36.85
-0.65(-1.73%)
Market Cap₹22.11 Cr
PE Ratio-208.33
Company Performance:
1D-1.73%
1M+4.72%
6M+28.62%
1Y-0.41%
5Y+440.32%
View Company Insightsright
More news about GSB Finance
13Nov 25
GSB Finance Limited Concludes Open Offer, New Management Takes Control
GSB Finance Limited has completed an open offer, resulting in a change of ownership and management. The acquirers, led by Vivek Kumar Singhal, Kshitij Agrawal, Nivesh Mandi Private Limited, and Stock Mandi, purchased 55.25% of the voting share capital (3,264,470 equity shares) at Rs. 13.00 per share, totaling Rs. 4.24 crores. The open offer, conducted from September 30 to October 14, 2025, offered to purchase up to 26% of voting capital at Rs. 21.44 per share. The transaction marks a significant shift in company control, with the new acquirers assuming management responsibilities and the selling promoters exiting the promoter group.
 no imag found
03Nov 25
GSB Finance Open Offer Concludes with New Merchant Banker
GSB Finance Limited has concluded its open offer to acquire up to 15,60,000 shares, representing 26% of the voting share capital. The offer ran from September 30 to October 14, 2025, at ₹21.44 per share. This followed a share purchase agreement where acquirers agreed to buy 55.25% stake from selling promoters. GYR Capital Advisors Private Limited was appointed as the new merchant banker after SEBI suspended the previous one. The offer complies with SEBI regulations, and a post-offer advertisement was published on November 3, 2025.
 no imag found
16Oct 25
GSB Finance Reports Net Loss of Rs 29.69 Lacs in Q2 FY2026
GSB Finance Limited reported a net loss of Rs 29.69 lacs for Q2 FY2026, ending September 30, 2025, compared to a profit of Rs 51.80 lacs in Q2 FY2025. Total income from operations fell by 57.50% to Rs 31.62 lacs. EPS declined to -Rs 0.49 from Rs 0.86 year-over-year. Despite Q2 losses, the company maintained a net profit of Rs 69.09 lacs for the half-year period with total income of Rs 62.76 lacs. The equity share capital remained stable at Rs 600 lacs.
 no imag found
25Sept 25
Multiple Acquirers Launch Open Offer for GSB Finance at ₹21.44 Per Share
Four acquirers have announced an open offer to purchase up to 26% of GSB Finance Limited's voting share capital from public shareholders at ₹21.44 per share. This follows a share purchase agreement where the acquirers agreed to buy a 55.25% stake from the company's promoter shareholders at ₹13.00 per share. The open offer, if fully subscribed, could increase the acquirers' stake to 81.25%. The tendering period is set for September 30 to October 14, 2025, with regulatory approval obtained from the Reserve Bank of India.
 no imag found
19Sept 25
GSB Finance Limited Issues Public Notice for Management Change Following RBI-Approved Acquisition
GSB Finance Limited, a non-banking financial company, has issued a public notice regarding an upcoming management change due to an RBI-approved acquisition. The notice, published in Financial Express and Mumbai Lakshdeep on September 19, 2025, complies with RBI's Master Direction - Scale Based Regulations. It seeks objections from affected parties and follows earlier communications to BSE Limited about the acquisition of shares. This marks a significant step in the acquisition process, potentially impacting stakeholders including shareholders, employees, and customers.
 no imag found
12Sept 25
RBI Approves 55.25% Stake Acquisition in GSB Finance Limited
The Reserve Bank of India (RBI) has approved the acquisition of a 55.25% stake in GSB Finance Limited by a new promoter group including Vivek Kumar Singhal, Kshitij Agarwal, Nivesh Mandi Private Limited, and Stock Mandi. The approval comes with conditions such as immediate reporting of the new shareholding structure, a 30-day prior public notice, completion within one year, and maintaining regulatory compliance. The acquirers need RBI approval if their shareholding falls below 26% post-transaction.
 no imag found
GSB Finance
36.85
-0.65
(-1.73%)
1 Year Returns:-0.41%
Industry Peers
Bajaj Finance
1,012.75
(-1.17%)
Shriram Finance
1,085.40
(+1.84%)
Cholamandalam Investment
1,714.80
(+0.32%)
Muthoot Finance
3,498.20
(-2.45%)
SBI Cards
772.20
(+1.51%)
Sundaram Finance
5,331.00
(+0.78%)
Authum Inv & Infr
500.40
(+2.89%)
Poonawalla Fincorp
460.70
(-0.74%)