Mihika Financial Services Private Limited

Online financial services for mutual funds, insurance, loans, and bonds.

2004 | Mumbai, Maharashtra (India) | Active
Last Updated: January 03, 2025

Mihika Financial Services Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.10 M
  • Company Age 21 Year, 13 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.30 M
  • Satisfied Charges ₹ 1.20 Cr
  • Revenue Growth 44.25%
  • Profit Growth -455.50%
  • Ebitda 96.22%
  • Net Worth -332.18%
  • Total Assets 24.03%

About Mihika Financial Services

Mihika Financial Services Private Limited (MFSPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 January 2004 and has a history of 21 years. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Mihika Insurance And Financial Consultant Private Limited. The Company is engaged in the Internet 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 M and a paid-up capital of Rs 1.10 M.

The company currently has active open charges totaling ₹2.30 M. The company has closed loans amounting to ₹1.20 Cr, as per Ministry of Corporate Affairs (MCA) records.

Suchita Hingar and Manish Hingar serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U67200MH2004PTC144103

  • Company No.

    144103

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Jan 2004

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Internet

Who are the key members and board of directors at Mihika Financial Services?

Board Members (2)

Name Designation Appointment Date Status
Suchita Hingar Country flag representing In Director 29-Jul-2021 Current
Manish Hingar Country flag representing In Director 20-Jan-2004 Current

Financial Performance of Mihika Financial Services.

Mihika Financial Services Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 44.25% increase. The company also saw a substantial fall in profitability, with a 455.5% decrease in profit. The company's net worth observed a substantial decline by a decrease of 332.18%.

Graph illustrating revenue growth over time
Graph showing 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
44.25%
Revenue from Operations
44.22%
Total Assets
24.03%
Profit or Loss
-455.50%
Net Worth
-332.18%
EBITDA
96.22%

What is the Ownership and Shareholding Structure of Mihika Financial Services?

In 2021, Mihika Financial Services had a promoter holding of 83.92% and a public holding of 16.08%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.30 M

Satisfied Charges

₹12.00 M

Charges Breakdown by Lending Institutions

  • Others : 0.23 Cr

Latest Charge Details

Date Lender Amount Status
08 Jun 2020 Others ₹2.30 M Open
02 Dec 2020 Others ₹3.00 M Satisfied
30 Aug 2020 Others ₹1.70 M Satisfied
28 Jan 2020 Others ₹1.50 M Satisfied
10 Oct 2019 Others ₹0.80 M Satisfied

How Many Employees Work at Mihika Financial Services?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mihika 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 Mihika Financial Services'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 Mihika Financial Services

Recent activity within the organization

  • Charges

    A charge registered on 28 Jan 2020 via Charge ID 100333392 with Others was fully satisfied on 21 Oct 2024.

    21 Oct 2024

  • Annual General Meeting

    Mihika Financial Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge registered on 02 Dec 2020 via Charge ID 100417460 with Others was fully satisfied on 13 Sep 2024.

    13 Sep 2024

  • Charges

    A charge with Others of Rs. 2.30 M registered on 08 Jun 2020 with Charge ID 100388858 was modified on 25 May 2024.

    25 May 2024

  • Balance Sheet

    Mihika Financial Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 3.00 M registered on 02 Dec 2020 with Charge ID 100417460 was modified on 14 Jan 2024.

    14 Jan 2024

Frequently asked questions

  • Mihika Financial Services Private Limited was incorporated on 20 Jan 2004.

  • The authorized share capital of Mihika Financial Services Private Limited is ₹ 2.00 M and paid-up capital is ₹ 1.10 M.

  • Currently 2 directors are associated with Mihika Financial Services Private Limited.

    • Suchita Hingar
    • Manish Prahlad Rai Hingar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mihika Financial Services Private Limited is Unit No.403 4Th Floor B Wing Kanakiawall Street Andheri Kurla Road Chakala Eas T, India, Mumbai, Maharashtra, 400093.

  • The corporate identification number (CIN) of Mihika Financial Services Private Limited is U67200MH2004PTC144103 and the company number is 144103 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mihika Financial Services Private Limited is https://www.fintooinvest.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Mihika Financial Services Private Limited has risen by 44.25%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Mihika Financial Services Private Limited has experienced an downturn of -332.18%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Mihika Financial Services Private Limited amount to ₹ 2.30 M.

  • The most recent Balance Sheet for Mihika Financial Services Private Limited was filed with the ROC on 31 Mar 2024.

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