Mascon Financial Services Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.10 M
- Company Age 31 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 7.50 Cr
- Revenue Growth 1.91%
- Profit Growth 81.36%
- Ebitda 26.25%
- Net Worth 24.71%
- Total Assets 16.22%
About Mascon Financial Services
Mascon Financial Services Private Limited (MFSPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 October 1993 and has a history of 31 years and seven months. Its registered office is in Bangalore, Karnataka.
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 0.50 M and a paid-up capital of Rs 0.10 M.
The company has closed loans amounting to ₹7.50 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Lav Jawahar and Aditya Chellaram serve as directors at the Company.
Company Details
- Location Bangalore, Karnataka
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65999KA1993PTC014820
- Company No.
014820
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
20 Oct 1993
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Financial Services
Mascon Financial Services Private Limited
Explore comprehensive data for Mascon Financial Services Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Mascon Financial Services?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Lav Jawahar  | Director | 20-Jan-2016 | Current |
| Aditya Chellaram | Director | 20-Jan-2016 | Current |
Financial Performance of Mascon Financial Services.
Mascon Financial Services Private Limited, for the financial year ended 2021, experienced modest growth in revenue, with a 1.91% increase. The company also saw a substantial improvement in profitability, with a 81.36% increase in profit. The company's net worth Soared by an impressive increase of 24.71%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mascon Financial Services?
In 2021, Mascon Financial Services 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)
Sankalpan Design And Infra LlpAditya Chellaram is a mutual person
Nirvana Private LimitedAditya Chellaram is a mutual person
Riverdale Housing Private LimitedLav Jawahar and Aditya Chellaram are mutual person
Target Associates Private LimitedAditya Chellaram is a mutual person
- Sanax Developments Private Limited
Lav Jawahar and Aditya Chellaram are mutual person
Rentlite LlpLav Jawahar and Aditya Chellaram are mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹75.00 M
Charges Breakdown by Lending Institutions
- Others : 6.00 Cr
- State Bank Of India : 1.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jan 2020 | Others | ₹6.00 Cr | Satisfied |
| 15 Dec 2004 | State Bank Of India | ₹1.50 Cr | Satisfied |
How Many Employees Work at Mascon Financial Services?
Unlock and access historical data on people associated with Mascon Financial Services, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Mascon Financial Services, 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 Mascon Financial Services'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 Mascon Financial Services
Recent activity within the organization
- Annual General Meeting
Mascon Financial Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Mascon Financial Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge registered on 30 Jan 2020 via Charge ID 100340812 with Others was fully satisfied on 07 Jul 2021.
- Charges
A charge with Others amounted to Rs. 60.00 M with Charge ID 100340812 was registered on 30 Jan 2020.
- Director Appointment
Lav Jawahar was appointed as a Director was appointed as a Director on 20 Jan 2016 & has been associated with this company since 9 years 4 months .
- Director Appointment
Aditya Manohar Chellaram was appointed as a Director was appointed as a Director on 20 Jan 2016 & has been associated with this company since 9 years 4 months .
Recent News, Updates & Announcement
- "Featherlite: The Fascinating Story of an Aluminium Chair Turned Leading Furniture Brand".
When you see an aluminium chair, it brings back memories of our childhood and our grandparents' homes. But did you know that this simple chair has a fascinating story of entrepreneurship behind it? Gopal Ramnarayan, the founder of Featherlite, saw the potential for aluminium garden furniture in India and started producing it in 1965. Today, Featherlite is a leading furniture brand with an annual turnover of Rs 400 Crores. They have also expanded into office and home furniture, and have a strong focus on R&D and building strong business relationships. Despite competition and changing market trends, Featherlite continues to thrive and innovate, with plans for further expansion in the future..
Frequently asked questions
What is the Incorporation or founding date of Mascon Financial Services Private Limited?
Mascon Financial Services Private Limited was incorporated on 20 Oct 1993.
What is authorized share capital and paid-up capital of Mascon Financial Services Private Limited?
The authorized share capital of Mascon Financial Services Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Mascon Financial Services Private Limited?
Currently 2 directors are associated with Mascon Financial Services Private Limited.
- Lav Jawahar
- Aditya Manohar Chellaram
What is the registered address of Mascon Financial Services Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Mascon Financial Services Private Limited is No.16A Millers Road Vasanthnagar, India, Bangalore, Karnataka, 560052.
What is the corporate identification number (CIN) and company number of Mascon Financial Services Private Limited?
The corporate identification number (CIN) of Mascon Financial Services Private Limited is U65999KA1993PTC014820 and the company number is 014820 as per Ministry of Corporate Affairs (MCA).
What is the official website of Mascon Financial Services Private Limited?
The Official website of Mascon Financial Services Private Limited is https://www.featherlitefurniture.com
What has been the recent revenue trend for Mascon Financial Services Private Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Mascon Financial Services Private Limited has risen by 1.91%.
What change has been observed in the net worth of Mascon Financial Services Private Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Mascon Financial Services Private Limited has experienced an upsurge of 24.71%.
When was the last Balance Sheet of Mascon Financial Services Private Limited filed with the ROC?
The most recent Balance Sheet for Mascon Financial Services Private Limited was filed with the ROC on 31 Mar 2024.
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