Margo Finance Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 4.57 Cr
- Company Age 33 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- 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 five 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 2024. 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, Anil Jain, Sushilkumar Agrawal, and Three other members serve as directors at the Company.
Company Details
- Location
Kolhapur, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L65910MH1991PLC080534
- Company No.
080534
- Stock Symbol
BSE : 500206
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
08 Oct 1991
- Date of AGM
21 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Pune
Industry
Financial Services
Who are the key members and board of directors at Margo Finance?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shri Maheshwari  | CFO | 30-Apr-2018 | Current |
| Krishna Makwana | Company Secretary | 05-Mar-2024 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sushilkumar Agrawal | Director | 11-Aug-2016 | Current |
| Govind Agrawal | Director | 18-Oct-1991 | Current |
| Anil Jain | Director | 18-Oct-1991 | Current |
| Smita Kulkarni | Director | 08-May-2018 | Current |
| Ambarish Sodha | Director | 11-Sep-2019 | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
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Indo Count Industries LimitedAnil Jain is a mutual person
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Reliance Home Finance LimitedSushilkumar Agrawal is a mutual person
Charges (Loans)
Open Charges
₹0.00 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Margo Finance
Recent activity within the organization
- Annual General Meeting
Margo Finance Limited last Annual general meeting of members was held on 21 Aug 2024 as per latest MCA records.
- Balance Sheet
Margo Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
- Director Appointment
Krishna Bharat Makwana was appointed as a Company Secretary was appointed as a Company Secretary on 05 Mar 2024 & has been associated with this company since 1 year 2 days .
- Charges
A charge with Karnataka Bank Ltd. of Rs. 0.00 Cr registered on 11 Feb 2022 with Charge ID 100540537 was modified on 13 Sep 2023.
- Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 0.00 Cr with Charge ID 100540537 was registered on 11 Feb 2022.
- Director Appointment
Ambarish Ratilal Sodha was appointed as a Director was appointed as a Director on 11 Sep 2019 & has been associated with this company since 5 years 5 months .
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Margo Finance Limited?
Margo Finance Limited was incorporated on 08 Oct 1991.
What is authorized share capital and paid-up capital of Margo Finance Limited?
The authorized share capital of Margo Finance Limited is ₹ 10.00 Cr and paid-up capital is ₹ 4.57 Cr.
Who are the current board members & directors of Margo Finance Limited?
Currently 8 directors are associated with Margo Finance Limited.
- Govind Prasad Agrawal
- Anil Kumar Jain
- Sushilkumar Agrawal
- Shri Dass Maheshwari
- Smita Kulkarni
- Ambarish Ratilal Sodha
- Shri Dass Maheshwari
- Krishna Bharat Makwana
What is the registered address of Margo Finance Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Margo Finance Limited is Office No.3 Plot No. 266 Village Alte Kumbhoj Road, Taluka Hatkanangale India, Kolhapur, Maharashtra, 416109.
What is the corporate identification number (CIN) and company number of Margo Finance Limited?
The corporate identification number (CIN) of Margo Finance Limited is L65910MH1991PLC080534 and the company number is 080534 as per Ministry of Corporate Affairs (MCA).
Is Margo Finance Limited registered with any stock exchange in India?
Yes, Margo Finance Limited is registered on Bombay Stock Exchange (BSE).
What is the official website of Margo Finance Limited?
The Official website of Margo Finance Limited is https://www.margofinance.com
What has been the recent revenue trend for Margo Finance Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Margo Finance Limited has fallen by -0.50%.
How many employees does Margo Finance Limited currently have?
As Per 2023 financial reports, 1 employees are currently employed by Margo Finance Limited.
What change has been observed in the net worth of Margo Finance Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Margo Finance Limited has experienced an downturn of -24.08%.
What are the total open charges for Margo Finance Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Margo Finance Limited amount to ₹ 9.00 K .
When was the last Balance Sheet of Margo Finance Limited filed with the ROC?
The most recent Balance Sheet for Margo Finance Limited was filed with the ROC on 31 Mar 2024.
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