Metcon Finance Limited

A financial company offering loans, insurance, investment, and other related services since 1987.

1987 | Mumbai, Maharashtra (India) | Active
Last Updated:

Metcon Finance Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 7.60 M
  • Company Age 38 Year,
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 450.88%
  • Profit Growth -131.39%
  • Ebitda 68.51%
  • 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 38 years. 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

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65910MH1987PLC043168

  • Company No.

    043168

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 Apr 1987

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

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.

Company report

Metcon Finance Limited

Explore comprehensive data for Metcon Finance Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (4)

NameDesignationAppointment DateStatus
Shaurya Mehta Country flag representing In Director 30-May-2010Current
Rakshita Mehta Country flag representing In Director 10-Mar-2022Current
Ashok Mehta Country flag representing In Director 30-May-2010Current
Pratikkumar Singh Country flag representing In Director 24-Jun-2019Current

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%.

Metcon Finance revenue growth over time
Metcon 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
450.88%
Revenue from Operations
-79.63%
Total Assets
-55.60%
Profit or Loss
-131.39%
Net Worth
-0.91%
EBITDA
68.51%

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.

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 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.

Employee growth trends for Metcon Finance Limited

Deals i

Graph showing company valuation over time

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

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

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Latest Updates, News, and FAQs on Metcon Finance

Recent activity within the organization

  • Annual General Meeting

    Metcon Finance Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Metcon Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Director Appointment

    Rakshita Ashok Mehta was appointed as a Director was appointed as a Director on 10 Mar 2022 & has been associated with this company since 3 years 1 month .

  • Director Appointment

    Pratikkumar Kamtaprasadabhay Singh was appointed as a Director was appointed as a Director on 24 Jun 2019 & has been associated with this company since 5 years 9 months .

  • Director Appointment

    Ashok Chothuram Mehta was appointed as a Director was appointed as a Director on 30 May 2010 & has been associated with this company since 14 years 10 months .

  • Director Appointment

    Shaurya Ashok Mehta was appointed as a Director was appointed as a Director on 30 May 2010 & has been associated with this company since 14 years 10 months .

Frequently asked questions

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

    Metcon Finance Limited was incorporated on 15 Apr 1987.

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

    The authorized share capital of Metcon Finance Limited is ₹ 4.00 Cr and paid-up capital is ₹ 7.60 M.

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

    Currently 4 directors are associated with Metcon Finance Limited.

    • Rakshita Ashok Mehta
    • Ashok Chothuram Mehta
    • Shaurya Ashok Mehta
    • Pratikkumar Kamtaprasadabhay Singh

  • What is the registered address of Metcon Finance Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Metcon Finance Limited is 6/2 Mount View Second Floor 51 Lady Jamshedji Road, Mahim West India, Mumbai, Maharashtra, 400016.

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

    The corporate identification number (CIN) of Metcon Finance Limited is U65910MH1987PLC043168 and the company number is 043168 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Metcon Finance Limited?

    The Official website of Metcon Finance Limited is https://www.metconfinance.com

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Metcon Finance Limited has risen by 450.88%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Metcon Finance Limited has experienced an downturn of -0.91%.

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

    The most recent Balance Sheet for Metcon Finance Limited was filed with the ROC on 31 Mar 2023.

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