Mand Finance Limited

Provides financing for various types of vehicles since 1985, based in Jalandhar, Punjab.

1985 | Punjab, Punjab (India) | Active
Last Updated: December 26, 2024

Mand Finance Profile

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 2.50 Cr
  • Company Age 39 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -19.37%
  • Profit Growth -47.35%
  • Ebitda -104.10%
  • Net Worth -10.27%
  • Total Assets -17.05%

About Mand Finance

Mand Finance Limited (MFL) is a Public Limited Indian Non-Government Company incorporated in India on 28 March 1985 and has a history of 39 years and ten months. Its registered office is in Punjab, Punjab.

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 2.50 Cr and a paid-up capital of Rs 2.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Tarlok Mand, Gurleen Mand, and Sukhpreet Mand serve as directors at the Company.

Company Details

  • Location Punjab, Punjab
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65921PB1985PLC006210

  • Company No.

    006210

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 Mar 1985

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Financial Services

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

Executive Team (1)

Name Designation Appointment Date Status
Tarlok Mand Country flag representing In Managing Director 28-Mar-1985 Current

Board Members (2)

Name Designation Appointment Date Status
Gurleen Mand Country flag representing In Whole-Time Director 15-Mar-1999 Current
Sukhpreet Mand Country flag representing In Whole-Time Director 31-Mar-1997 Current

Financial Performance of Mand Finance.

Mand Finance Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 19.37% decrease. The company also saw a substantial fall in profitability, with a 47.35% decrease in profit. The company's net worth observed a substantial decline by a decrease of 10.27%.

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
-19.37%
Revenue from Operations
-20.20%
Total Assets
-17.05%
Profit or Loss
-47.35%
Net Worth
-10.27%
EBITDA
-104.10%

What is the Ownership and Shareholding Structure of Mand Finance?

In 2018, Mand 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Mand Finance?

Unlock and access historical data on people associated with Mand Finance, 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 Mand 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 Mand 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 Mand Finance

Recent activity within the organization

  • Annual General Meeting

    Mand Finance Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Mand Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Director Appointment

    Gurleen Kaur Mand was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 15 Mar 1999 & has been associated with this company since 25 years 11 months .

    15 Mar 1999

  • Director Appointment

    Sukhpreet Singh Mand was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 31 Mar 1997 & has been associated with this company since 27 years 10 months .

    31 Mar 1997

  • Director Appointment

    Tarlok Singh Mand was appointed as a Managing Director was appointed as a Managing Director on 28 Mar 1985 & has been associated with this company since 39 years 10 months .

    28 Mar 1985

  • Company Incorporation

    Mand Finance Limited was registered on 28 Mar 1985 with Roc Chandigarh & aged 39 years 10 months as per MCA records.

    28 Mar 1985

Frequently asked questions

  • Mand Finance Limited was incorporated on 28 Mar 1985.

  • The authorized share capital of Mand Finance Limited is ₹ 2.50 Cr and paid-up capital is ₹ 2.50 Cr.

  • Currently 3 directors are associated with Mand Finance Limited.

    • Tarlok Singh Mand
    • Gurleen Kaur Mand
    • Sukhpreet Singh Mand
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mand Finance Limited is Jalandhar City India, Punjab.

  • The corporate identification number (CIN) of Mand Finance Limited is U65921PB1985PLC006210 and the company number is 006210 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2018, the revenue trend for Mand Finance Limited has fallen by -19.37%.

  • The financial reports for the fiscal year 2018 indicates that The net worth of Mand Finance Limited has experienced an downturn of -10.27%.

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

People also Viewed

Similar Companies Based on NBFC