Margo Finance Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 4.57 Cr
- Company Age 33 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 9.00 K
- Satisfied Charges ₹ 3.50 M
- Revenue Growth -0.50%
- Profit Growth -13.64%
- Ebitda -140.38%
- Net Worth -24.08%
- Total Assets -25.64%
About Margo Finance
Margo Finance Limited (MFL) is a Public Limited Indian Non-Government Company incorporated in India on 08 October 1991 and has a history of 33 years and three months. Its registered office is in Kolhapur, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500206.
The Corporate was formerly known as Indocount Finance 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 10.00 Cr and a paid-up capital of Rs 4.57 Cr.
The company currently has active open charges totaling ₹9,000.00. The company has closed loans amounting to ₹3.50 M, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Margo Finance Limited India are Shri Maheshwari as CFO and Krishna Makwana as Company Secretary. Govind Agrawal, Sushilkumar Agrawal, Smita Kulkarni, and Three other members serve as directors at the Company.
Company Details
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Location
Kolhapur, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
L65910MH1991PLC080534
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Company No.
080534
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Stock Symbol
BSE : 500206
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
08 Oct 1991
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Date of AGM
03 Aug 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Listed
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ROC Code
Roc Pune
Industry
Who are the key members and board of directors at Margo Finance?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shri Maheshwari
|
CFO | 14-May-2014 | Current |
| Krishna Makwana | Company Secretary | 05-Mar-2024 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Sushilkumar Agrawal
|
Director | 30-Sep-2006 | Current |
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Govind Agrawal
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Director | 18-Oct-1991 | Current |
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Smita Kulkarni
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Director | 08-May-2018 | Current |
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Ambarish Sodha
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Director | 11-Sep-2019 | Current |
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Anil Jain
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Director | 18-Oct-1991 | Current |
Financial Performance of Margo Finance.
Margo Finance Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.5% decrease. The company also saw a substantial fall in profitability, with a 13.64% decrease in profit. The company's net worth observed a substantial decline by a decrease of 24.08%.
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What is the Ownership and Shareholding Structure of Margo Finance?
In 2023, Margo Finance had a promoter holding of 53.40% and a public holding of 46.58%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Reliance Health Insurance LimitedSushilkumar Agrawal is a mutual person
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Reliance Financial Advisory Services Private LimitedSushilkumar Agrawal is a mutual person
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Reliance Broadcast Network LimitedSushilkumar Agrawal is a mutual person
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Indo Count Industries LimitedAnil Jain is a mutual person
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Indian Commodity Exchange LimitedSushilkumar Agrawal is a mutual person
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Reliance Home Finance LimitedSushilkumar Agrawal is a mutual person
Charges (Loans)
₹0.00 Cr
₹0.35 Cr
Charges Breakdown by Lending Institutions
- Karnataka Bank Ltd. : 0.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Feb 2022 | Karnataka Bank Ltd. | ₹9,000.00 | Open |
| 01 Feb 1997 | Karnataka Bank Ltd | ₹3.50 M | Satisfied |
How Many Employees Work at Margo Finance?
Margo Finance has a workforce of 1 employees as of Mar 30, 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 Margo 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 Margo Finance'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.
