Mahaveer Finance India Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
- Paid Up Capital ₹ 14.95 Cr
- Company Age 44 Year, 25 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 895.07 Cr
- Satisfied Charges ₹ 500.18 Cr
- Revenue Growth 23.21%
- Profit Growth 39.98%
- Ebitda 26.30%
- Net Worth 15.85%
- Total Assets 21.90%
About Mahaveer Finance India
Mahaveer Finance India Limited (MFIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 05 January 1981 and has a history of 44 years. Its registered office is in Chennai, Tamil Nadu, India.
The Corporate was formerly known as Deccan Investment Holdings 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 2023. It's a company limited by shares with an authorized capital of Rs 25.00 Cr and a paid-up capital of Rs 14.95 Cr.
The company currently has active open charges totaling ₹895.07 Cr. The company has closed loans amounting to ₹500.18 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Mahaveer Finance India Limited India are Deepak Dugar as Ceo, Praveen Dugar as Cfo, and Jyoti Bokade as Company Secretary. Chidambar, Peruvemba Balasubramaniam, Satish Mehta, and Five other members serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65191TN1981PLC008555
- Company No.
008555
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
05 Jan 1981
- Date of AGM
22 Jul 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Mahaveer Finance India?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Deepak Dugar  | Managing Director | 23-May-1996 | Current |
| Praveen Dugar | CFO | 13-Feb-2019 | Current |
| Jyoti Bokade | Company Secretary | 26-Jul-2022 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Chidambar | Director | 24-Oct-1991 | Current |
| Peruvemba Balasubramaniam | Director | 26-Mar-2005 | Current |
| Satish Mehta | Director | 30-Jun-2023 | Current |
| Mahaveerchand Dugar | Whole-Time Director | 01-Oct-1987 | Current |
| Praveen Dugar | Whole-Time Director and Cfo | 29-Jan-2005 | Current |
| Markandan Sivasankaran | Director | 20-Nov-1996 | Current |
Financial Performance of Mahaveer Finance India.
Mahaveer Finance India Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23.21% increase. The company also saw a substantial improvement in profitability, with a 39.98% increase in profit. The company's net worth Soared by an impressive increase of 15.85%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Mahaveer Finance India?
In 2023, Mahaveer Finance India had a promoter holding of 63.90% and a public holding of 36.10%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
South India Hire Purchase AssociationDeepak Dugar is a mutual person
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Finance Companies' Association (India)Mahaveerchand Dugar and Deepak Dugar are mutual person
Pahal Financial Services Private LimitedSatish Mehta is a mutual person
Popular Vehicles And Services LimitedRakesh Bhutoria is a mutual person
Kifs Housing Finance LimitedSatish Mehta is a mutual person
Dashboard Account Aggregation Services Private LimitedSatish Mehta is a mutual person
Charges (Loans)
₹895.07 Cr
₹500.18 Cr
Charges Breakdown by Lending Institutions
- Others : 715.90 Cr
- State Bank Of India : 74.50 Cr
- Indian Overseas Bank : 40.00 Cr
- Yes Bank Limited : 20.00 Cr
- Sidbi : 20.00 Cr
- Others : 24.67 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Mar 2024 | Others | ₹30.00 Cr | Open |
| 22 Mar 2024 | Others | ₹10.00 Cr | Open |
| 21 Mar 2024 | Others | ₹10.00 Cr | Open |
| 21 Mar 2024 | Indian Overseas Bank | ₹25.00 Cr | Open |
| 18 Mar 2024 | Hdfc Bank Limited | ₹1.00 Cr | Open |
How Many Employees Work at Mahaveer Finance India?
Unlock and access historical data on people associated with Mahaveer Finance India, 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 Mahaveer Finance India, 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 Mahaveer Finance India'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.
