Lic Mutual Fund Asset Management Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
- Paid Up Capital ₹ 15.39 Cr
- Company Age 30 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth 8.38%
- Profit Growth -49.71%
- Ebitda 11.07%
- Net Worth 0.10%
- Total Assets 1.33%
About Lic Mutual Fund Asset Management
Lic Mutual Fund Asset Management Limited (LMFAML) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 April 1994 and has a history of 30 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Lic Mutual Fund Asset Management Company 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 25.00 Cr and a paid-up capital of Rs 15.39 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Lic Mutual Fund Asset Management Limited India are Mayank Arora as Company Secretary, Jigna Shyamyani as Cfo, and Ravi Jha as Ceo. Praveen Garg, Raghunandan Maluste, Rima Dhawan, and Six other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U67190MH1994PLC077858
- Company No.
077858
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
20 Apr 1994
- Date of AGM
30 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
What products or services does Lic Mutual Fund Asset Management Limited offer?
Lic Mutual Fund Asset Management Limited offers a wide range of products and services, including Stock Trading/Money Market, Commodities Trading Service, Banks and Banking Services, Debt Management Services, Share Trading Services, Corporate Finance & Leasing Advisors, Investment Service.
Who are the key members and board of directors at Lic Mutual Fund Asset Management?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Mayank Arora | Company Secretary | 29-Oct-2014 | Current |
| Jigna Shyamyani | CFO | 27-Aug-2024 | Current |
| Ravi Jha | CEO | 16-Feb-2024 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Praveen Garg  | Director | 06-Apr-2023 | Current |
| Raghunandan Maluste | Additional Director | 19-Feb-2020 | Current |
| Rima Dhawan | Director | 20-Oct-2023 | Current |
| Sanjay Muthal | Director | 29-Jun-2015 | Current |
| Siddhartha Mohanty | Nominee Director | 13-Apr-2023 | Current |
| Tribhuwan Adhikari | Nominee Director | 06-Sep-2023 | Current |
Financial Performance of Lic Mutual Fund Asset Management.
Lic Mutual Fund Asset Management Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.38% increase. The company also saw a substantial fall in profitability, with a 49.71% decrease in profit. The company's net worth moved up by a moderate rise of 0.1%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Lic Mutual Fund Asset Management?
In 2023, Lic Mutual Fund Asset Management had a promoter holding of 84.30% and a public holding of 15.70%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Rda Solutions Private Limited.Rima Dhawan is a mutual person
Lichfl Financial Services LimitedTribhuwan Adhikari is a mutual person
Lichfl Care Homes LimitedTribhuwan Adhikari is a mutual person
Kotak Infrastructure Debt Fund LimitedRaghunandan Maluste is a mutual person
Lic Housing Finance LtdSiddhartha Mohanty and Tribhuwan Adhikari are mutual person
Irma Iseed FoundationTribhuwan Adhikari is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Lic Mutual Fund Asset Management?
Lic Mutual Fund Asset Management has a workforce of 244 employees as of Apr 07, 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 Lic Mutual Fund Asset Management, 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 Lic Mutual Fund Asset Management'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 Lic Mutual Fund Asset Management
Recent activity within the organization
- Director Appointment
Jigna Bharat Shyamyani was appointed as a Cfo was appointed as a Cfo on 27 Aug 2024 & has been associated with this company since 7 months .
- Annual General Meeting
Lic Mutual Fund Asset Management Limited last Annual general meeting of members was held on 30 Jul 2024 as per latest MCA records.
- Balance Sheet
Lic Mutual Fund Asset Management Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Ravi Kumar Jha was appointed as a Ceo was appointed as a Ceo on 16 Feb 2024 & has been associated with this company since 1 year 1 month .
- Director Appointment
Ravi Kumar Jha was appointed as a Managing Director was appointed as a Managing Director on 04 Jan 2024 & has been associated with this company since 1 year 2 months .
- Director Appointment
Rima Dhawan was appointed as a Director was appointed as a Director on 20 Oct 2023 & has been associated with this company since 1 year 5 months .
Recent News, Updates & Announcement
- Swan Energy raises Rs 3,000 cr via QIP.
Swan Energy on Thursday said it has raised Rs 3,000 crore from qualified institutional placement of shares which were priced at Rs 670 apiece. The issue got in....
- JSW Infra raises ₹1,260 crore through anchor investors | Mint.
The company will be offering a fresh issue of equity shares as there will be no dilution of the promoter’s existing equity.
Frequently asked questions
What is the Incorporation or founding date of Lic Mutual Fund Asset Management Limited?
Lic Mutual Fund Asset Management Limited was incorporated on 20 Apr 1994.
What is authorized share capital and paid-up capital of Lic Mutual Fund Asset Management Limited?
The authorized share capital of Lic Mutual Fund Asset Management Limited is ₹ 25.00 Cr and paid-up capital is ₹ 15.39 Cr.
Who are the current board members & directors of Lic Mutual Fund Asset Management Limited?
Currently 12 directors are associated with Lic Mutual Fund Asset Management Limited.
- Praveen Garg
- Raghunandan Dattatray Maluste
- Rima Dhawan
- Sanjay Achyutrao Muthal
- Siddhartha Mohanty
- Tribhuwan Adhikari
- Mayank Kishan Arora
- Jigna Bharat Shyamyani
- Ravi Kumar Jha
- Paul Alphonso Lobo
- Vijay Sharma
- Ravi Kumar Jha
What is the registered address of Lic Mutual Fund Asset Management Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Lic Mutual Fund Asset Management Limited is Indl Assurance Bldg 4Th Flropp Churchgate Station India, Mumbai, Maharashtra, 400020.
What is the corporate identification number (CIN) and company number of Lic Mutual Fund Asset Management Limited?
The corporate identification number (CIN) of Lic Mutual Fund Asset Management Limited is U67190MH1994PLC077858 and the company number is 077858 as per Ministry of Corporate Affairs (MCA).
What is the official website of Lic Mutual Fund Asset Management Limited?
The Official website of Lic Mutual Fund Asset Management Limited is https://www.licmf.com
What has been the recent revenue trend for Lic Mutual Fund Asset Management Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Lic Mutual Fund Asset Management Limited has risen by 8.38%.
How many employees does Lic Mutual Fund Asset Management Limited currently have?
As Per 2023 financial reports, 244 employees are currently employed by Lic Mutual Fund Asset Management Limited.
What change has been observed in the net worth of Lic Mutual Fund Asset Management Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Lic Mutual Fund Asset Management Limited has experienced an upsurge of 0.10%.
When was the last Balance Sheet of Lic Mutual Fund Asset Management Limited filed with the ROC?
The most recent Balance Sheet for Lic Mutual Fund Asset Management Limited was filed with the ROC on 31 Mar 2024.
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