Manba Finance Limited

Provides financing for two-wheelers, three-wheelers, and personal loans across India.

1996 | Mumbai, Maharashtra (India) | Active
Last Updated: October 24, 2024

Manba Finance Profile

Key Indicators

  • Authorised Capital ₹ 55.00 Cr
  • Paid Up Capital ₹ 50.24 Cr
  • Company Age 28 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1,157.99 Cr
  • Satisfied Charges ₹ 1,112.32 Cr
  • Revenue Growth 25.06%
  • Profit Growth 61.34%
  • Ebitda 31.54%
  • Net Worth 9.42%
  • Total Assets 39.83%

About Manba Finance

Manba Finance Limited (MFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 31 May 1996 and has a history of 28 years and eight months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Manba Finance 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 2024. It's a company limited by shares with an authorized capital of Rs 55.00 Cr and a paid-up capital of Rs 50.24 Cr.

The company currently has active open charges totaling ₹1,157.99 Cr. The company has closed loans amounting to ₹1,112.32 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Manba Finance Limited India are Jay Mota as CFO and Bhavisha Jain as Company Secretary. Nikita Shah, Manish Shah, Jay Mota, and Four other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65923MH1996PLC099938

  • Company No.

    099938

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    31 May 1996

  • Date of AGM

    09 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Manba Finance?

Executive Team (3)

NameDesignationAppointment DateStatus
Manish Shah Country flag representing In Managing Director01-Feb-2010Current
Jay Mota Country flag representing In CFO31-Mar-2017Current
Bhavisha Jain Company Secretary08-Oct-2018Current

Board Members (6)

NameDesignationAppointment DateStatus
Monil Shah Country flag representing In Whole-Time Director 07-Feb-2017Current
Nikita Shah Country flag representing In Whole-Time Director 31-May-1996Current
Jay Mota Country flag representing In Whole-Time Director and Cfo 13-Feb-2023Current
Anshu Shrivastava Country flag representing In Director 03-Mar-2015Current
Abhinav Sharma Country flag representing In Director 02-Sep-2019Current
Neelam Tater Country flag representing In Director Current

Financial Performance of Manba Finance.

Manba Finance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.06% increase. The company also saw a substantial improvement in profitability, with a 61.34% increase in profit. The company's net worth moved up by a moderate rise of 9.42%.

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
25.06%
Revenue from Operations
23.64%
Total Assets
39.83%
Profit or Loss
61.34%
Net Worth
9.42%
EBITDA
31.54%

What is the Ownership and Shareholding Structure of Manba Finance?

In 2022, Manba Finance had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,157.99 Cr

Satisfied Charges

₹1,112.32 Cr

Charges Breakdown by Lending Institutions

  • Others : 1034.99 Cr
  • Axis Bank Limited : 73.00 Cr
  • State Bank Of India : 50.00 Cr

Latest Charge Details

DateLenderAmountStatus
16 Oct 2024Others₹1.60 CrOpen
30 Sep 2024Others₹15.00 CrOpen
26 Sep 2024Others₹10.00 CrOpen
26 Sep 2024Others₹10.00 CrOpen
25 Sep 2024Others₹20.00 CrOpen

How Many Employees Work at Manba Finance?

Manba Finance has a workforce of 1041 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Manba Finance, 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 Manba Finance'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 Manba Finance

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 1.60 Cr with Charge ID 100986181 was registered on 16 Oct 2024.

    16 Oct 2024

  • Charges

    A charge registered on 15 Mar 2023 via Charge ID 100688259 with Others was fully satisfied on 05 Oct 2024.

    05 Oct 2024

  • Charges

    A charge registered on 09 Sep 2022 via Charge ID 100603575 with Others was fully satisfied on 05 Oct 2024.

    05 Oct 2024

  • Charges

    A charge registered on 06 Dec 2023 via Charge ID 100837250 with Others was fully satisfied on 04 Oct 2024.

    04 Oct 2024

  • Charges

    A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100985393 was registered on 30 Sep 2024.

    30 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100984301 was registered on 26 Sep 2024.

    26 Sep 2024

Frequently asked questions

  • Manba Finance Limited was incorporated on 31 May 1996.

  • The authorized share capital of Manba Finance Limited is ₹ 55.00 Cr and paid-up capital is ₹ 50.24 Cr.

  • Currently 9 directors are associated with Manba Finance Limited.

    • Nikita Manish Shah
    • Manish Kiritkumar Shah
    • Jay Khushal Mota
    • Anshu Shrivastava
    • Monil Manish Shah
    • Abhinav Sharma
    • Neelam Tater
    • Jay Khushal Mota
    • Bhavisha Ashish Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Manba Finance Limited is 324 Runwal Heights Commercial Complex L.B.S Marg Opp. Nirmal Lifestyle, Mulun D (West) India, Mumbai, Maharashtra, 400080.

  • The corporate identification number (CIN) of Manba Finance Limited is U65923MH1996PLC099938 and the company number is 099938 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Manba Finance Limited is https://www.manbafinance.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Manba Finance Limited has risen by 25.06%.

  • As Per 2023 financial reports, 1041 employees are currently employed by Manba Finance Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Manba Finance Limited has experienced an upsurge of 9.42%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Manba Finance Limited amount to ₹ 1,157.99 Cr.

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

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