Migsun Finance Limited

Provides financial services as a registered NBFC since 1990 in New Delhi.

1990 | New Delhi (India) | Active
Last Updated:

Migsun Finance Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.30 Cr
  • Company Age 34 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 146.07%
  • Profit Growth 235.46%
  • Ebitda 142.58%
  • Net Worth 54.98%
  • Total Assets 107.47%

About Migsun Finance

Migsun Finance Limited (MFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 05 July 1990 and has a history of 34 years and ten months. Its registered office is in New Delhi, 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 2.00 Cr and a paid-up capital of Rs 1.30 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sunil Miglani, Surender Arora, and Chanderkant serve as directors at the Company.

Company Details

  • Location

    New Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65910DL1990PLC040721

  • Company No.

    040721

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    05 Jul 1990

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Financial Services
Company report

Migsun Finance Limited

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

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

Board Members (3)

NameDesignationAppointment DateStatus
Sunil Miglani Country flag representing In Director 10-Nov-2017Current
Surender Arora Country flag representing In Director 20-Dec-2022Current
Chanderkant Country flag representing In Director 20-Dec-2022Current

Financial Performance of Migsun Finance.

Migsun Finance Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 146.07% increase. The company also saw a substantial improvement in profitability, with a 235.46% increase in profit. The company's net worth Soared by an impressive increase of 54.98%.

Migsun Finance revenue growth over time
Migsun 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
146.07%
Revenue from Operations
146.04%
Total Assets
107.47%
Profit or Loss
235.46%
Net Worth
54.98%
EBITDA
142.58%

What is the Ownership and Shareholding Structure of Migsun Finance?

In 2024, Migsun Finance had a promoter holding of 78.65% and a public holding of 21.34%. 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 Migsun Finance?

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

Employee growth trends for Migsun Finance Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

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

  • Director Appointment

    Surender Kumar Arora was appointed as a Director was appointed as a Director on 20 Dec 2022 & has been associated with this company since 2 years 4 months .

  • Director Appointment

    Chanderkant was appointed as a Director was appointed as a Director on 20 Dec 2022 & has been associated with this company since 2 years 4 months .

  • Director Appointment

    Sunil Miglani was appointed as a Director was appointed as a Director on 10 Nov 2017 & has been associated with this company since 7 years 5 months .

  • Company Incorporation

    Migsun Finance Limited was registered on 05 Jul 1990 with Roc Delhi & aged 34 years 10 months as per MCA records.

Frequently asked questions

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

    Migsun Finance Limited was incorporated on 05 Jul 1990.

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

    The authorized share capital of Migsun Finance Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.30 Cr.

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

    Currently 3 directors are associated with Migsun Finance Limited.

    • Sunil Miglani
    • Surender Kumar Arora
    • Chanderkant

  • What is the registered address of Migsun Finance Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Migsun Finance Limited is 305 Nirmal Tower, Barakhamba Road New - India, Delhi, 110001.

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

    The corporate identification number (CIN) of Migsun Finance Limited is U65910DL1990PLC040721 and the company number is 040721 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Migsun Finance Limited?

    The Official website of Migsun Finance Limited is https://www.migsun.in

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

    According to the financial reports for the fiscal year 2024, the revenue trend for Migsun Finance Limited has risen by 146.07%.

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

    The financial reports for the fiscal year 2024 indicates that The net worth of Migsun Finance Limited has experienced an upsurge of 54.98%.

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

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

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