Mas Rural Housing & Mortgage Finance Limited

Provides various housing finance options for low and middle-income groups in multiple states.

2007 | Ahmedabad, Gujarat (India) | Active
Last Updated: December 04, 2024

Mas Rural Housing & Mortgage Finance Profile

Key Indicators

  • Authorised Capital ₹ 45.00 Cr
  • Paid Up Capital ₹ 39.87 Cr
  • Company Age 17 Year, 7 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 seven 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

    mrhmfl.co.in

  • 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

Who are the key members and board of directors at Mas Rural Housing & Mortgage Finance?

Executive Team (3)

NameDesignationAppointment DateStatus
Darshil Hiranandani Country flag representing In Company Secretary02-May-2018Current
Kamlesh Gandhi Country flag representing In Managing Director24-Jul-2007Current
Chintan Pandya CFO05-Nov-2024Current

Board Members (4)

NameDesignationAppointment DateStatus
Umesh Shah Country flag representing In Director 25-Oct-2023Current
Subir Nag Country flag representing In Director 30-Dec-2015Current
Daksha Shah Country flag representing In Director 17-Jan-2024Current
Darshana Pandya Country flag representing In Director 14-Dec-2016Current

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%.

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
1.58%
Revenue from Operations
1.59%
Total Assets
1.91%
Profit or Loss
58.16%
Net Worth
13.88%
EBITDA
4.11%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
27 Sep 2024Others₹35.00 CrOpen
24 Sep 2024Others₹25.00 CrOpen
20 Jun 2024Others₹50.00 CrOpen
20 Mar 2024Hdfc Bank Limited₹20.00 CrOpen
30 Dec 2023Indian Bank₹50.00 CrOpen

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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 3 months 18 days .

    05 Nov 2024

  • Charges

    A charge with Others amounted to Rs. 35.00 Cr with Charge ID 100989010 was registered on 27 Sep 2024.

    27 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100980499 was registered on 24 Sep 2024.

    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.

    04 Sep 2024

  • Charges

    A charge registered on 15 Sep 2018 via Charge ID 100207034 with Others was fully satisfied on 16 Aug 2024.

    16 Aug 2024

  • Charges

    A charge registered on 27 Dec 2016 via Charge ID 100073537 with Others was fully satisfied on 16 Aug 2024.

    16 Aug 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Mas Rural Housing & Mortgage Finance Limited was incorporated on 24 Jul 2007.

  • The authorized share capital of Mas Rural Housing & Mortgage Finance Limited is ₹ 45.00 Cr and paid-up capital is ₹ 39.87 Cr.

  • 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
  • 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.

  • 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).

  • The Official website of Mas Rural Housing & Mortgage Finance Limited is https://www.mrhmfl.co.in

  • 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%.

  • As Per 2022 financial reports, 218 employees are currently employed by Mas Rural Housing & Mortgage Finance Limited.

  • 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%.

  • 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.

  • 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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