Melwani Finance Limited

Provides financial and legal services, including loans for machinery and mortgage, since 1994 in Mumbai.

1994 | Mumbai, Maharashtra (India) | Active
Last Updated:

Melwani Finance Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 3.86 Cr
  • Company Age 30 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 23.65%
  • Profit Growth -5.36%
  • Ebitda -4.72%
  • Net Worth 7.20%
  • Total Assets 28.62%

About Melwani Finance

Melwani Finance Limited (MFL) is a Public Limited Indian Non-Government Company incorporated in India on 16 December 1994 and has a history of 30 years and two months. Its registered office is in Mumbai, Maharashtra, 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 7.00 Cr and a paid-up capital of Rs 3.86 Cr, as per Ministry of Corporate Affairs (MCA) records.

Lokayya Bangera, Ajay Padval, and Ashish Bobhate serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65910MH1994PLC083806

  • Company No.

    083806

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Dec 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Melwani Finance?

Board Members (3)

NameDesignationAppointment DateStatus
Ajay Padval Country flag representing In Director Appointed In Casual Vacancy 18-Nov-2013Current
Lokayya Bangera Country flag representing In Director Appointed In Casual Vacancy 03-Jul-2007Current
Ashish Bobhate Country flag representing In Director 24-Feb-2009Current

Financial Performance of Melwani Finance.

Melwani Finance Limited, for the financial year ended 2017, experienced significant growth in revenue, with a 23.65% increase. The company also saw a slight decrease in profitability, with a 5.36% decrease in profit. The company's net worth moved up by a moderate rise of 7.2%.

Melwani Finance revenue growth over time
Melwani Finance 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
23.65%
Revenue from Operations
22.90%
Total Assets
28.62%
Profit or Loss
-5.36%
Net Worth
7.20%
EBITDA
-4.72%

What is the Ownership and Shareholding Structure of Melwani Finance?

In 2017, Melwani 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Melwani Finance?

Unlock and access historical data on people associated with Melwani Finance, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Melwani Finance Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Melwani 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 Melwani 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 Melwani Finance

Recent activity within the organization

  • Annual General Meeting

    Melwani Finance Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Melwani Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Ajay Ghanashyam Padval was appointed as a Director Appointed In Casual Vacancy was appointed as a Director Appointed In Casual Vacancy on 18 Nov 2013 & has been associated with this company since 11 years 3 months .

  • Director Appointment

    Ashish Manohar Bobhate was appointed as a Director was appointed as a Director on 24 Feb 2009 & has been associated with this company since 16 years 8 days .

  • Director Appointment

    Lokayya Chandu Bangera was appointed as a Director Appointed In Casual Vacancy was appointed as a Director Appointed In Casual Vacancy on 03 Jul 2007 & has been associated with this company since 17 years 8 months .

  • Company Incorporation

    Melwani Finance Limited was registered on 16 Dec 1994 with Roc Mumbai & aged 30 years 2 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Melwani Finance Limited?

    Melwani Finance Limited was incorporated on 16 Dec 1994.

  • What is authorized share capital and paid-up capital of Melwani Finance Limited?

    The authorized share capital of Melwani Finance Limited is ₹ 7.00 Cr and paid-up capital is ₹ 3.86 Cr.

  • Who are the current board members & directors of Melwani Finance Limited?

    Currently 3 directors are associated with Melwani Finance Limited.

    • Lokayya Chandu Bangera
    • Ajay Ghanashyam Padval
    • Ashish Manohar Bobhate

  • What is the registered address of Melwani Finance Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Melwani Finance Limited is 201 Durga Apartments 2Nd Floor Ajmal Road, Vile Parle (East) India, Mumbai, Maharashtra, 400057.

  • What is the corporate identification number (CIN) and company number of Melwani Finance Limited?

    The corporate identification number (CIN) of Melwani Finance Limited is U65910MH1994PLC083806 and the company number is 083806 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Melwani Finance Limited?

    According to the financial reports for the fiscal year 2017, the revenue trend for Melwani Finance Limited has risen by 23.65%.

  • What change has been observed in the net worth of Melwani Finance Limited, and by what percentage?

    The financial reports for the fiscal year 2017 indicates that The net worth of Melwani Finance Limited has experienced an upsurge of 7.20%.

  • When was the last Balance Sheet of Melwani Finance Limited filed with the ROC?

    The most recent Balance Sheet for Melwani Finance Limited was filed with the ROC on 31 Mar 2024.

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