Manipal Finance Corporation Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 11.33 Cr
- Company Age 41 Year, 14 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 32.76 Cr
- Satisfied Charges ₹ 2.95 Cr
- Revenue Growth -13.85%
- Profit Growth -29.94%
- Ebitda -158.45%
- Net Worth 10.90%
- Total Assets -53.10%
About Manipal Finance Corporation
Manipal Finance Corporation Limited (MFCL) is a Public Limited Indian Non-Government Company incorporated in India on 29 March 1984 and has a history of 41 years. Its registered office is in Udupi, Karnataka, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 507938.
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 15.00 Cr and a paid-up capital of Rs 11.33 Cr.
The company currently has active open charges totaling ₹32.76 Cr. The company has closed loans amounting to ₹2.95 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Manipal Finance Corporation Limited India are Srikara Mallya as CFO and Harishankar Shukla as Company Secretary. Hiriadka Mohandas, Vinoda Chandappa, Basthi Ashok, and One other member serve as directors at the Company.
Company Details
- Location
Udupi, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L65910KA1984PLC005988
- Company No.
005988
- Stock Symbol
BSE : 507938
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
29 Mar 1984
- Date of AGM
10 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Bangalore
Industry
Financial Services
Manipal Finance Corporation Limited
Explore comprehensive data for Manipal Finance Corporation Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Manipal Finance Corporation?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Srikara Mallya | CFO | 29-Apr-2024 | Current |
| Harishankar Shukla | Company Secretary | 01-Jul-2022 | Current |
Narayan Pai  | Managing Director | 01-Jan-2008 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Hiriadka Mohandas | Director | 30-Mar-2024 | Current |
| Vinoda Chandappa | Director | 29-Jun-2015 | Current |
| Basthi Ashok | Director | 30-May-2018 | Current |
Financial Performance of Manipal Finance Corporation.
Manipal Finance Corporation Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 13.85% decrease. The company also saw a substantial fall in profitability, with a 29.94% decrease in profit. The company's net worth Soared by an impressive increase of 10.9%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Manipal Finance Corporation?
In 2021, Manipal Finance Corporation had a promoter holding of 34.29% and a public holding of 65.71%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹32.76 Cr
Satisfied Charges
₹2.95 Cr
Charges Breakdown by Lending Institutions
- Icds Securities Limited : 30.00 Cr
- Others : 1.61 Cr
- Shamarao Vithal Co-Operative Bank Ltd. : 0.50 Cr
- Indian Renewable Energy Development Agency Limited : 0.25 Cr
- United Commercial Bank : 0.25 Cr
- Others : 0.15 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Apr 2022 | Others | ₹1.61 Cr | Open |
| 02 Nov 1998 | Icds Securities Limited | ₹30.00 Cr | Open |
| 04 Jun 1998 | Indian Renewable Energy Development Agency Limited | ₹2.53 M | Open |
| 23 Mar 1993 | Shamarao Vithal Co-Operative Bank Ltd. | ₹5.00 M | Open |
| 21 Feb 1990 | Canara Bank | ₹1.50 M | Open |
How Many Employees Work at Manipal Finance Corporation?
Manipal Finance Corporation has a workforce of 2 employees as of Mar 28, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Manipal Finance Corporation, 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 Manipal Finance Corporation'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.
Latest Updates, News, and FAQs on Manipal Finance Corporation
Recent activity within the organization
- Annual General Meeting
Manipal Finance Corporation Limited last Annual general meeting of members was held on 10 Sep 2024 as per latest MCA records.
- Director Appointment
Srikara Mallya was appointed as a Cfo was appointed as a Cfo on 29 Apr 2024 & has been associated with this company since 11 months 14 days .
- Balance Sheet
Manipal Finance Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Director Appointment
Hiriadka Mohandas was appointed as a Director was appointed as a Director on 30 Mar 2024 & has been associated with this company since 1 year 13 days .
- Charges
A charge with Others of Rs. 1.61 Cr registered on 20 Apr 2022 with Charge ID 100561217 was modified on 27 Feb 2024.
- Charges
A charge registered on 07 Dec 1989 via Charge ID 90190520 with Andhra Bank was fully satisfied on 19 Aug 2022.
Frequently asked questions
What is the Incorporation or founding date of Manipal Finance Corporation Limited?
Manipal Finance Corporation Limited was incorporated on 29 Mar 1984.
What is authorized share capital and paid-up capital of Manipal Finance Corporation Limited?
The authorized share capital of Manipal Finance Corporation Limited is ₹ 15.00 Cr and paid-up capital is ₹ 11.33 Cr.
Who are the current board members & directors of Manipal Finance Corporation Limited?
Currently 6 directors are associated with Manipal Finance Corporation Limited.
- Hiriadka Mohandas
- Vinoda Sherigar Chandappa
- Basthi Pai Ashok
- Srikara Mallya
- Harishankar Shukla
- Narayan Thonsemadhava Pai
What is the registered address of Manipal Finance Corporation Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Manipal Finance Corporation Limited is Regd. Office, House India, Manipal, Karnataka, 576104.
What is the corporate identification number (CIN) and company number of Manipal Finance Corporation Limited?
The corporate identification number (CIN) of Manipal Finance Corporation Limited is L65910KA1984PLC005988 and the company number is 005988 as per Ministry of Corporate Affairs (MCA).
Is Manipal Finance Corporation Limited registered with any stock exchange in India?
Yes, Manipal Finance Corporation Limited is registered on Bombay Stock Exchange (BSE).
What is the official website of Manipal Finance Corporation Limited?
The Official website of Manipal Finance Corporation Limited is https://www.mfgroupco.com
What has been the recent revenue trend for Manipal Finance Corporation Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Manipal Finance Corporation Limited has fallen by -13.85%.
How many employees does Manipal Finance Corporation Limited currently have?
As Per 2022 financial reports, 2 employees are currently employed by Manipal Finance Corporation Limited.
What change has been observed in the net worth of Manipal Finance Corporation Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Manipal Finance Corporation Limited has experienced an upsurge of 10.90%.
What are the total open charges for Manipal Finance Corporation Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Manipal Finance Corporation Limited amount to ₹ 32.76 Cr.
When was the last Balance Sheet of Manipal Finance Corporation Limited filed with the ROC?
The most recent Balance Sheet for Manipal Finance Corporation Limited was filed with the ROC on 31 Mar 2024.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
RN
Raghavendra NayakDirectorGB
Ganapathi BhatDirectorCS
Chandappa SherigarDirectorSM
Srikara MallyaDirector
Similar Companies Based on NBFC
Tata Capital Limited Mumbai, Maharashtra, India
Shriram Finance Limited Chennai, Tamil Nadu, India
Indian Railway Finance Corporation Limited South West Delhi, Delhi, India
Power Finance Corporation Limited New Delhi, India
Sbi Cards And Payment Services Limited Delhi, India
Mahindra And Mahindra Financial Services Limited Mumbai, Maharashtra, India
Cholamandalam Investment And Finance Company Limited Chennai, Tamil Nadu, India
Bajaj Finance Limited Pune, Maharashtra, India