Mahashakti Financiers Limited
NBFC providing financing and hire purchase services for vehicles, industries, and consumer goods.
1997 | Kathua, Jammu & Kashmir (India) | Active
Mahashakti Financiers Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 8.63 Cr
- Company Age 27 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth -26.16%
- Profit Growth 186.04%
- Ebitda 280.13%
- Net Worth 13.67%
- Total Assets 4.21%
About Mahashakti Financiers
Mahashakti Financiers Limited (MFL) is a Public Limited Indian Non-Government Company incorporated in India on 20 June 1997 and has a history of 27 years and eight months. Its registered office is in Kathua, Jammu & Kashmir, India.
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 10.00 Cr and a paid-up capital of Rs 8.63 Cr, as per Ministry of Corporate Affairs (MCA) records.
Dheeraj Aneja, Rajesh Kumar, Mangat Ram, and Four other members serve as directors at the Company.
Company Details
- Location
Kathua, Jammu & Kashmir, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U67120JK1997PLC001699
- Company No.
001699
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
20 Jun 1997
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Jammu
Industry
Financial Services
Mahashakti Financiers Limited
Explore comprehensive data for Mahashakti Financiers Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Mahashakti Financiers?
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Dheeraj Aneja  | Director | 20-Jun-2023 | Current |
| Rajesh Kumar | Whole-Time Director | 24-Jun-2013 | Current |
| Mangat Ram | Director | 05-Aug-2013 | Current |
| Vinal Aneja | Director | 07-Jul-2024 | Current |
| Paramjeet | Director | 02-Jul-2019 | Current |
| Rajesh Kaushik | Director | 07-Jul-2024 | Current |
Financial Performance of Mahashakti Financiers.
Mahashakti Financiers Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 26.16% decrease. The company also saw a substantial improvement in profitability, with a 186.04% increase in profit. The company's net worth Soared by an impressive increase of 13.67%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Mahashakti Financiers?
In 2023, Mahashakti Financiers had a promoter holding of 7.71% and a public holding of 92.29%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Mahashakti Financiers?
Unlock and access historical data on people associated with Mahashakti Financiers, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Mahashakti Financiers, 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 Mahashakti Financiers'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 Mahashakti Financiers
Recent activity within the organization
- Annual General Meeting
Mahashakti Financiers Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Director Appointment
Savita Malik was appointed as a Director was appointed as a Director on 19 Jul 2024 & has been associated with this company since 7 months 25 days .
- Director Appointment
Vinal Aneja was appointed as a Director was appointed as a Director on 07 Jul 2024 & has been associated with this company since 8 months 6 days .
- Director Appointment
Rajesh Kumar Kaushik was appointed as a Director was appointed as a Director on 07 Jul 2024 & has been associated with this company since 8 months 6 days .
- Balance Sheet
Mahashakti Financiers Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jammu.
- Director Appointment
Dheeraj Aneja was appointed as a Director was appointed as a Director on 20 Jun 2023 & has been associated with this company since 1 year 8 months .
Frequently asked questions
What is the Incorporation or founding date of Mahashakti Financiers Limited?
Mahashakti Financiers Limited was incorporated on 20 Jun 1997.
What is authorized share capital and paid-up capital of Mahashakti Financiers Limited?
The authorized share capital of Mahashakti Financiers Limited is ₹ 10.00 Cr and paid-up capital is ₹ 8.63 Cr.
Who are the current board members & directors of Mahashakti Financiers Limited?
Currently 7 directors are associated with Mahashakti Financiers Limited.
- Dheeraj Aneja
- Rajesh Kumar
- Mangat Ram
- Vinal Aneja
- Paramjeet
- Rajesh Kumar Kaushik
- Savita Malik
What is the registered address of Mahashakti Financiers Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Mahashakti Financiers Limited is First Floor Paras Complex Jandore Site Ward No-01 Near Bhagat Singh Park, Opp. Govt. Degree College Jammu Kashmir India, Kathua, Jammu & Kashmir, 184101.
What is the corporate identification number (CIN) and company number of Mahashakti Financiers Limited?
The corporate identification number (CIN) of Mahashakti Financiers Limited is U67120JK1997PLC001699 and the company number is 001699 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Mahashakti Financiers Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Mahashakti Financiers Limited has fallen by -26.16%.
What change has been observed in the net worth of Mahashakti Financiers Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Mahashakti Financiers Limited has experienced an upsurge of 13.67%.
When was the last Balance Sheet of Mahashakti Financiers Limited filed with the ROC?
The most recent Balance Sheet for Mahashakti Financiers Limited was filed with the ROC on 31 Mar 2024.
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