Mahashakti Financiers Limited

NBFC providing financing and hire purchase services for vehicles, industries, and consumer goods.

1997 | Kathua, Jammu & Kashmir (India) | Active
Last Updated: January 07, 2025

Mahashakti Financiers Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 8.63 Cr
  • Company Age 27 Year, 7 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 seven 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

Who are the key members and board of directors at Mahashakti Financiers?

Board Members (7)

Name Designation Appointment Date Status
Dheeraj Aneja Country flag representing In Director 20-Jun-2023 Current
Rajesh Kumar Country flag representing In Whole-Time Director 24-Jun-2013 Current
Mangat Ram Country flag representing In Director 05-Aug-2013 Current
Vinal Aneja Country flag representing In Director 07-Jul-2024 Current
Paramjeet Country flag representing In 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%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-26.16%
Revenue from Operations
-26.35%
Total Assets
4.21%
Profit or Loss
186.04%
Net Worth
13.67%
EBITDA
280.13%

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.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

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.

    30 Sep 2024

  • 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 6 months 23 days .

    19 Jul 2024

  • 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 7 months 4 days .

    07 Jul 2024

  • 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 7 months 4 days .

    07 Jul 2024

  • Balance Sheet

    Mahashakti Financiers Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jammu.

    31 Mar 2024

  • 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 7 months .

    20 Jun 2023

Frequently asked questions

  • Mahashakti Financiers Limited was incorporated on 20 Jun 1997.

  • The authorized share capital of Mahashakti Financiers Limited is ₹ 10.00 Cr and paid-up capital is ₹ 8.63 Cr.

  • Currently 7 directors are associated with Mahashakti Financiers Limited.

    • Dheeraj Aneja
    • Rajesh Kumar
    • Mangat Ram
    • Vinal Aneja
    • Paramjeet
    • Rajesh Kumar Kaushik
    • Savita Malik
  • 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.

  • The corporate identification number (CIN) of Mahashakti Financiers Limited is U67120JK1997PLC001699 and the company number is 001699 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mahashakti Financiers Limited has fallen by -26.16%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mahashakti Financiers Limited has experienced an upsurge of 13.67%.

  • The most recent Balance Sheet for Mahashakti Financiers Limited was filed with the ROC on 31 Mar 2024.

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