Mahaveer Finance India Limited logo

Mahaveer Finance India Limited

NBFC providing financial services in 3 states and 1 union territory with 53 branches.

1981 Chennai, Tamil Nadu (India) Active

About

Basic Data Updated:

10 days ago

Mahaveer Finance India Limited, previously known as Deccan Investment Holdings Private Limited, was founded with the vision of providing financial assistance to individuals and businesses in need. As per the credit report, it is recognized as a Non-Banking Finance Company, catering to the diverse financial needs of its customers. With a strong presence in 3 states and 1 union territory, namely Tamil Nadu, Andhra Pradesh, Telangana, and Puducherry, the company has established 53 branches in 37 districts. The journey of Mahaveer Finance India Limited began with a small team of passionate individuals who believed in the power of financial stability. Over the years, the company has grown and expanded its reach, thanks to its customer-centric approach and commitment to excellence. Today, it s... Read More

Industry

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Website
    1222442
  • Telephone
    1222442
  • Email Address
    1222442
  • Social Media
    1222442
CIN/LLPIN/FCRNU65191TN1981PLC008555
Company No.008555
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date05 Jan 1981
Date of AGM22 Jul 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Chennai

Financials of Mahaveer Finance India Limited

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Mahaveer Finance India Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 18.36% increase. The company also saw a substantial improvement in profitability, with a 43.53% increase in profit. The company's net worth Soared by an impressive increase of 47.11%.

Enhance accessibility to Mahaveer Finance India's financial data by unlocking access to both Standalone and Consolidated balance sheets, Profit & Loss Statements, Ratios, Related Party Transactions, and additional relevant information.

Corporate Structure

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Unlock access to Mahaveer Finance India's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

People in Mahaveer Finance India Limited

Executive Team (3)

  • JB

    Jyoti Bokade In Company Secretary

    Appointment Date: 26-Jul-2022

    Status: Current

  • PD

    Praveen Dugar In CFO

    Appointment Date: 13-Feb-2019

    Status: Current

  • DD

    Deepak Dugar CEO

    Appointment Date: 10-Aug-2023

    Status: Current

Board Members(6)

Charges (Loans)

Open Charges Satisfied Charges

₹895.07 cr

₹500.18 cr

LenderAmountStatus

Others

Creation Date: 26 Mar 2024
₹30.00 CrOpen

Others

Creation Date: 22 Mar 2024
₹10.00 CrOpen

Others

Creation Date: 21 Mar 2024
₹10.00 CrOpen

Deals i

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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

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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.

Alert

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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.

Related Corporates (Common Directorship)

  • South India Hire Purchase Association

    South India Hire Purchase Association

    Active build-icon 56 years 10 months

    Deepak Dugar is a mutual person

  • Finance Companies' Association (India)

    Finance Companies' Association (India)

    Active build-icon 40 years 2 months

    Praveen Dugar and Mahaveerchand Dugar are mutual person

  • Pahal Financial Services Private Limited

    Pahal Financial Services Private Limited

    Active build-icon 29 years 5 months

    Satish Mehta is a mutual person

  • Popular Vehicles And Services Limited

    Popular Vehicles And Services Limited

    Active build-icon 40 years 9 months

    Rakesh Bhutoria is a mutual person

  • Kifs Housing Finance Limited

    Kifs Housing Finance Limited

    Active build-icon 8 years 5 months

    Satish Mehta is a mutual person

  • Coromandel Stampings And Stones Ltd

    Coromandel Stampings And Stones Ltd

    Active build-icon 36 years 6 months

    Chidambar is a mutual person

Recent activity within the organization

  • Activity

    Charges

    A charge with Others amounted to Rs. 30.00 cr with Charge ID 100895721 was registered on 26 Mar 2024.

    26 Mar 2024
  • Activity

    Charges

    A charge with Others amounted to Rs. 10.00 cr with Charge ID 100895499 was registered on 22 Mar 2024.

    22 Mar 2024
  • Activity

    Charges

    A charge with Others amounted to Rs. 10.00 cr with Charge ID 100894431 was registered on 21 Mar 2024.

    21 Mar 2024
  • Activity

    Charges

    A charge with Indian Overseas Bank amounted to Rs. 25.00 cr with Charge ID 100900072 was registered on 21 Mar 2024.

    21 Mar 2024
  • Activity

    Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.00 cr with Charge ID 100894803 was registered on 18 Mar 2024.

    18 Mar 2024

Frequently asked questions

What is the Incorporation or founding date of Mahaveer Finance India Limited?

Mahaveer Finance India Limited was incorporated 43 years 3 months ago on 05 Jan 1981 with Registrar of Companies Roc Chennai.

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