Mas Rural Housing & Mortgage Finance Profile
Key Indicators
- Authorised Capital ₹ 45.00 Cr
- Paid Up Capital ₹ 39.87 Cr
- Company Age 17 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 823.14 Cr
- Satisfied Charges ₹ 421.84 Cr
- Revenue Growth 1.58%
- Profit Growth 58.16%
- Ebitda 4.11%
- Net Worth 13.88%
- Total Assets 1.91%
About Mas Rural Housing & Mortgage Finance
Mas Rural Housing & Mortgage Finance Limited (MRHMFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 24 July 2007 and has a history of 17 years and nine months. Its registered office is in Ahmedabad, Gujarat, India.
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 45.00 Cr and a paid-up capital of Rs 39.87 Cr.
The company currently has active open charges totaling ₹823.14 Cr. The company has closed loans amounting to ₹421.84 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Mas Rural Housing & Mortgage Finance Limited India are Darshil Hiranandani as COMPANY SECRETARY and Chintan Pandya as Cfo. Kamlesh Gandhi, Daksha Shah, Subir Nag, and Two other members serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74900GJ2007PLC051383
- Company No.
051383
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
24 Jul 2007
- Date of AGM
04 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Financial Services
Mas Rural Housing & Mortgage Finance Limited
Explore comprehensive data for Mas Rural Housing & Mortgage Finance Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Mas Rural Housing & Mortgage Finance?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Darshil Hiranandani  | Company Secretary | 02-May-2018 | Current |
| Kamlesh Gandhi | Managing Director | 24-Jul-2007 | Current |
| Chintan Pandya | CFO | 05-Nov-2024 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Umesh Shah | Director | 25-Oct-2023 | Current |
| Subir Nag | Director | 30-Dec-2015 | Current |
| Daksha Shah | Director | 17-Jan-2024 | Current |
| Darshana Pandya | Director | 14-Dec-2016 | Current |
Financial Performance of Mas Rural Housing & Mortgage Finance.
Mas Rural Housing & Mortgage Finance Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 1.58% increase. The company also saw a substantial improvement in profitability, with a 58.16% increase in profit. The company's net worth Soared by an impressive increase of 13.88%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mas Rural Housing & Mortgage Finance?
In 2022, Mas Rural Housing & Mortgage 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.
Related Corporates (Common Directorship)
Sadbhav Kim Expressway Private LimitedDaksha Shah is a mutual person
Sadbhav Infrastructure Project LimitedDaksha Shah is a mutual person
Mcarbon Tech Innovation Private LimitedSubir Nag is a mutual person
Mas Financial Services LimitedKamlesh Gandhi, Daksha Shah and 2 more are mutual person
- Masfin Insurance Broking Private Limited
Kamlesh Gandhi and Darshana Pandya are mutual person
- Swalamb Mass Financial Services Ltd.
Kamlesh Gandhi and Darshana Pandya are mutual person
Charges (Loans)
Open Charges
₹823.14 Cr
Satisfied Charges
₹421.84 Cr
Charges Breakdown by Lending Institutions
- Others : 521.14 Cr
- Indian Bank : 160.00 Cr
- State Bank Of India : 75.00 Cr
- Tata Capital Financial Services Limited : 40.00 Cr
- Hdfc Bank Limited : 20.00 Cr
- Others : 7.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Sep 2024 | Others | ₹35.00 Cr | Open |
| 24 Sep 2024 | Others | ₹25.00 Cr | Open |
| 20 Jun 2024 | Others | ₹50.00 Cr | Open |
| 20 Mar 2024 | Hdfc Bank Limited | ₹20.00 Cr | Open |
| 30 Dec 2023 | Indian Bank | ₹50.00 Cr | Open |
How Many Employees Work at Mas Rural Housing & Mortgage Finance?
Mas Rural Housing & Mortgage Finance has a workforce of 218 employees as of Apr 09, 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 Mas Rural Housing & Mortgage 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 Mas Rural Housing & Mortgage 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 Mas Rural Housing & Mortgage Finance
Recent activity within the organization
- Director Appointment
Chintan Jayeshkumar Pandya was appointed as a Cfo was appointed as a Cfo on 05 Nov 2024 & has been associated with this company since 6 months 9 days .
- Charges
A charge with Others amounted to Rs. 35.00 Cr with Charge ID 100989010 was registered on 27 Sep 2024.
- Charges
A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100980499 was registered on 24 Sep 2024.
- Annual General Meeting
Mas Rural Housing & Mortgage Finance Limited last Annual general meeting of members was held on 04 Sep 2024 as per latest MCA records.
- Charges
A charge registered on 15 Sep 2018 via Charge ID 100207034 with Others was fully satisfied on 16 Aug 2024.
- Charges
A charge registered on 27 Dec 2016 via Charge ID 100073537 with Others was fully satisfied on 16 Aug 2024.
Recent News, Updates & Announcement
- MAS Financial Services Achieves Impressive Growth Despite Challenging Times; Q4 Earnings Show 28.6% Increase in Assets Under Management. Watch Full Interview for Details!" #MASFinancialServices #Q4Earnings #GrowthGoals.
MAS Financial Services expecting 22-25% growth this year despite tough times for non-banking financial institutions. Assets under management up 28.6% in Q4. Net interest income and profit after tax also increased. Watch the full interview for more info." #MASFinancialServices #GrowthGoals #Q4Earnings.
- PrestLoans gets Rs 16.5 cr in debt funding.
The company reported 10 times growth in lending on year on year basis and is on aggressive expansion plan..
Frequently asked questions
What is the Incorporation or founding date of Mas Rural Housing & Mortgage Finance Limited?
Mas Rural Housing & Mortgage Finance Limited was incorporated on 24 Jul 2007.
What is authorized share capital and paid-up capital of Mas Rural Housing & Mortgage Finance Limited?
The authorized share capital of Mas Rural Housing & Mortgage Finance Limited is ₹ 45.00 Cr and paid-up capital is ₹ 39.87 Cr.
Who are the current board members & directors of Mas Rural Housing & Mortgage Finance Limited?
Currently 7 directors are associated with Mas Rural Housing & Mortgage Finance Limited.
- Kamlesh Chimanlal Gandhi
- Daksha Niranjan Shah
- Subir Nag
- Darshana Saumil Pandya
- Umesh Rajanikant Shah
- Darshil Hiranandani
- Chintan Jayeshkumar Pandya
What is the registered address of Mas Rural Housing & Mortgage Finance Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Mas Rural Housing & Mortgage Finance Limited is 4Th Floor Narayan Chambers B/H Patang Hotel, Ashram Road India, Ahmedabad, Gujarat, 380009.
What is the corporate identification number (CIN) and company number of Mas Rural Housing & Mortgage Finance Limited?
The corporate identification number (CIN) of Mas Rural Housing & Mortgage Finance Limited is U74900GJ2007PLC051383 and the company number is 051383 as per Ministry of Corporate Affairs (MCA).
What is the official website of Mas Rural Housing & Mortgage Finance Limited?
The Official website of Mas Rural Housing & Mortgage Finance Limited is https://www.mrhmfl.co.in
What has been the recent revenue trend for Mas Rural Housing & Mortgage Finance Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Mas Rural Housing & Mortgage Finance Limited has risen by 1.58%.
How many employees does Mas Rural Housing & Mortgage Finance Limited currently have?
As Per 2022 financial reports, 218 employees are currently employed by Mas Rural Housing & Mortgage Finance Limited.
What change has been observed in the net worth of Mas Rural Housing & Mortgage Finance Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Mas Rural Housing & Mortgage Finance Limited has experienced an upsurge of 13.88%.
What are the total open charges for Mas Rural Housing & Mortgage Finance Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Mas Rural Housing & Mortgage Finance Limited amount to ₹ 823.14 Cr.
When was the last Balance Sheet of Mas Rural Housing & Mortgage Finance Limited filed with the ROC?
The most recent Balance Sheet for Mas Rural Housing & Mortgage Finance Limited was filed with the ROC on 31 Mar 2024.
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