Metcon Finance Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
- Paid Up Capital ₹ 7.60 M
- Company Age 37 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Revenue Growth 450.88%
- Profit Growth -131.39%
- Ebitda -42.23%
- Net Worth -0.91%
- Total Assets -55.60%
About Metcon Finance
Metcon Finance Limited (MFL) is a Public Limited Indian Non-Government Company incorporated in India on 15 April 1987 and has a history of 37 years and nine months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Metcon Finance Private 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 2023. It's a company limited by shares with an authorized capital of Rs 4.00 Cr and a paid-up capital of Rs 7.60 M, as per Ministry of Corporate Affairs (MCA) records.
Rakshita Mehta, Ashok Mehta, Shaurya Mehta, and One other member serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U65910MH1987PLC043168
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Company No.
043168
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
15 Apr 1987
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
What products or services does Metcon Finance Limited offer?
Metcon Finance Limited offers a wide range of products and services, including Insurance Agents and Services, Automotive Insurance, Industrial Insurance Services.
Who are the key members and board of directors at Metcon Finance?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shaurya Mehta
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Director | 30-May-2010 | Current |
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Rakshita Mehta
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Director | 10-Mar-2022 | Current |
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Ashok Mehta
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Director | 30-May-2010 | Current |
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Pratikkumar Singh
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Director | 24-Jun-2019 | Current |
Financial Performance of Metcon Finance.
Metcon Finance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 450.88% increase. The company also saw a substantial fall in profitability, with a 131.39% decrease in profit. The company's net worth dipped by a decrease of 0.91%.
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What is the Ownership and Shareholding Structure of Metcon Finance?
In 2023, Metcon 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)
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Metson Infrastructure Private LimitedRakshita Mehta, Ashok Mehta and 1 more are mutual person
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Motor House LtdRakshita Mehta, Ashok Mehta and 1 more are mutual person
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Metcon Infrastructure Private Limited
Rakshita Mehta, Ashok Mehta and 1 more are mutual person
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Robmar Marketing Private Limited
Rakshita Mehta, Ashok Mehta and 1 more are mutual person
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Newey Marketing Private Limited
Rakshita Mehta, Ashok Mehta and 1 more are mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Metcon Finance?
Unlock and access historical data on people associated with Metcon Finance, 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 Metcon 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 Metcon 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.
