India Mortgage Guarantee Corporation Profile
Key Indicators
- Authorised Capital ₹ 750.00 Cr
- Paid Up Capital ₹ 373.69 Cr
- Company Age 18 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth 40.08%
- Profit Growth 126.80%
- Ebitda 171.52%
- Net Worth 148.14%
- Total Assets 78.31%
About India Mortgage Guarantee Corporation
India Mortgage Guarantee Corporation Private Limited (IMGCPL) is a leading Private Limited Foreign Company Incorporated In India incorporated in India on 13 September 2006 and has a history of 18 years and eight months. Its registered office is in Delhi, India.
The Corporate was formerly known as Genworth Financial Mortgage Guaranty India Private Limited. The Company is engaged in the Financial Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 750.00 Cr and a paid-up capital of Rs 373.69 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at India Mortgage Guarantee Corporation Private Limited India is Puneet Jolly as COMPANY SECRETARY. Anshul Jaiswal, Mahesh Misra, Matthew Young, and Six other members serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65922DL2006FTC153640
- Company No.
153640
- Company Classification
Private Limited Foreign Company Incorporated In India
- Incorporation Date
13 Sep 2006
- Date of AGM
14 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Financial Services
India Mortgage Guarantee Corporation Private Limited
Explore comprehensive data for India Mortgage Guarantee Corporation Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at India Mortgage Guarantee Corporation?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Puneet Jolly | Company Secretary | 24-Feb-2024 | Current |
Mahesh Misra  | Managing Director | 22-Jun-2023 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajinder Singh  | Nominee Director | 09-Jun-2016 | Current |
| Harun Khan | Director | 01-Jun-2019 | Current |
| Anshul Jaiswal | Nominee Director | 17-Jun-2024 | Current |
| Matthew Young | Nominee Director | 22-Feb-2024 | Current |
| Christopher Ahn | Nominee Director | 22-Feb-2024 | Current |
Stuart Levings  | Director | 09-Jun-2022 | Current |
Financial Performance of India Mortgage Guarantee Corporation.
India Mortgage Guarantee Corporation Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 40.08% increase. The company also saw a substantial improvement in profitability, with a 126.8% increase in profit. The company's net worth Soared by an impressive increase of 148.14%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of India Mortgage Guarantee Corporation?
In 2023, India Mortgage Guarantee Corporation had a promoter holding of 42.20% and a public holding of 57.81%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Aditya Birla Sun Life Amc LimitedSupratim Bandyopadhyay is a mutual person
Canara Hsbc Life Insurance Company LimitedSupratim Bandyopadhyay is a mutual person
Insecticides (India) LimitedSupratim Bandyopadhyay is a mutual person
Finlabs India Private LimitedSupratim Bandyopadhyay is a mutual person
Au Small Finance Bank LimitedHarun Khan is a mutual person
Mfc Technologies Private LimitedSupratim Bandyopadhyay is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at India Mortgage Guarantee Corporation?
India Mortgage Guarantee Corporation has a workforce of 214 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of India Mortgage Guarantee Corporation, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped India Mortgage Guarantee Corporation's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on India Mortgage Guarantee Corporation
Recent activity within the organization
- Annual General Meeting
India Mortgage Guarantee Corporation Private Limited last Annual general meeting of members was held on 14 Aug 2024 as per latest MCA records.
- Director Appointment
Anshul Jaiswal was appointed as a Nominee Director was appointed as a Nominee Director on 17 Jun 2024 & has been associated with this company since 11 months 7 days .
- Director Appointment
Supratim Bandyopadhyay was appointed as a Additional Director was appointed as a Additional Director on 01 Apr 2024 & has been associated with this company since 1 year 1 month .
- Balance Sheet
India Mortgage Guarantee Corporation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
- Director Appointment
Puneet Jolly was appointed as a Company Secretary was appointed as a Company Secretary on 24 Feb 2024 & has been associated with this company since 1 year 3 months .
- Director Appointment
Matthew Robert Young was appointed as a Nominee Director was appointed as a Nominee Director on 22 Feb 2024 & has been associated with this company since 1 year 3 months .
Recent News, Updates & Announcement
HDFC and IMGC Join Forces to Provide Mortgage-Guaranteed Home Loans, Boosting Affordable Housing in India.HDFC and IMGC partner to offer mortgage-guaranteed home loans, making it easier for people to own their dream homes. This will also help HDFC to offer more loans and support the government's PMAY scheme. The partnership will cater to a wide range of customers and is gaining popularity in the Indian housing finance sector. Mortgage guarantee is a well-established concept in other countries and is now growing in India..
- LIC Housing Finance to offer home loans up to 75 years of age. Details here.
With this new product, LIC will be able to increase its market penetration as it can now cater to more borrowers and ease restrictions on the profile of applicants, who face rejections related to work profile.
- SBI, Mortgage Guarantee team up for home loans.
India Business News: Mumbai: Loans to the non-salaried will gather pace as the India Mortgage Guarantee Corporation (IMGC) partners with SBI to provide a cover for this se..
Frequently asked questions
What is the Incorporation or founding date of India Mortgage Guarantee Corporation Private Limited?
India Mortgage Guarantee Corporation Private Limited was incorporated on 13 Sep 2006.
What is authorized share capital and paid-up capital of India Mortgage Guarantee Corporation Private Limited?
The authorized share capital of India Mortgage Guarantee Corporation Private Limited is ₹ 750.00 Cr and paid-up capital is ₹ 373.69 Cr.
Who are the current board members & directors of India Mortgage Guarantee Corporation Private Limited?
Currently 10 directors are associated with India Mortgage Guarantee Corporation Private Limited.
- Puneet Jolly
- Anshul Jaiswal
- Mahesh Misra
- Matthew Robert Young
- Christopher Chongho Ahn
- Stuart Kendrick Levings
- Rajinder Singh
- Harun Rasid Khan
- Supratim Bandyopadhyay
- Stuart Edward Take
What is the registered address of India Mortgage Guarantee Corporation Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of India Mortgage Guarantee Corporation Private Limited is T-10 3Rd Floor Plot No.9 H.L.Plaza Pocket-2 Sector 12 Dwarka, - India, New Delhi, 110075.
What is the corporate identification number (CIN) and company number of India Mortgage Guarantee Corporation Private Limited?
The corporate identification number (CIN) of India Mortgage Guarantee Corporation Private Limited is U65922DL2006FTC153640 and the company number is 153640 as per Ministry of Corporate Affairs (MCA).
What is the official website of India Mortgage Guarantee Corporation Private Limited?
The Official website of India Mortgage Guarantee Corporation Private Limited is https://www.imgc.com
What has been the recent revenue trend for India Mortgage Guarantee Corporation Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for India Mortgage Guarantee Corporation Private Limited has risen by 40.08%.
How many employees does India Mortgage Guarantee Corporation Private Limited currently have?
As Per 2023 financial reports, 214 employees are currently employed by India Mortgage Guarantee Corporation Private Limited.
What change has been observed in the net worth of India Mortgage Guarantee Corporation Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of India Mortgage Guarantee Corporation Private Limited has experienced an upsurge of 148.14%.
When was the last Balance Sheet of India Mortgage Guarantee Corporation Private Limited filed with the ROC?
The most recent Balance Sheet for India Mortgage Guarantee Corporation Private Limited was filed with the ROC on 31 Mar 2024.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
Sunil MathurDirector
Srinivasan SridharNominee Director
Raj VermaNominee Director
Pamela LamoreauxDirector
Harun KhanDirector
Deepak SatwalekarDirector
Rakesh AwasthiNominee Director
Aditya JoshiDirector
Similar Companies Based on Investment & Credit NBFC
Tata Capital Limited Mumbai, Maharashtra, India
Shriram Finance Limited Chennai, Tamil Nadu, India
Indian Railway Finance Corporation Limited South West Delhi, Delhi, India
Power Finance Corporation Limited New Delhi, India
Sbi Cards And Payment Services Limited Delhi, India
Mahindra And Mahindra Financial Services Limited Mumbai, Maharashtra, India
Cholamandalam Investment And Finance Company Limited Chennai, Tamil Nadu, India
Bajaj Finance Limited Pune, Maharashtra, India