Mirae Asset Financial Services (India) Private Limited

Online NBFC providing financial assistance, loans against securities, mutual funds, and shares.

2020 | Mumbai, Maharashtra (India) | Active
Last Updated: December 14, 2024

Mirae Asset Financial Services (India) Profile

Key Indicators

  • Authorised Capital ₹ 500.00 Cr
  • Paid Up Capital ₹ 332.00 Cr
  • Company Age 5 Year, 9 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 105.00 Cr
  • Revenue Growth 279.76%
  • Profit Growth 109.11%
  • Ebitda 148.40%
  • Net Worth 132.05%
  • Total Assets 132.00%

About Mirae Asset Financial Services (India)

Mirae Asset Financial Services (India) Private Limited (MAFSIPL) is a Private Limited Indian Non-Government Company incorporated in India on 13 February 2020 (Five years 9 days old ). 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 500.00 Cr and a paid-up capital of Rs 332.00 Cr.

The company currently has active open charges totaling ₹105.00 Cr.

The Key Managerial Personnel (KMP) at Mirae Asset Financial Services (India) Private Limited India are Krishna Kanhaiya as CEO and Ritin Mawani as Company Secretary. Krishna Kanhaiya, Sanjeev Lall, and Kwangjoo Park serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    miraeassetfin.com

  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U65999MH2020PTC337638

  • Company No.

    337638

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Feb 2020

  • Date of AGM

    14 Aug 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 Mirae Asset Financial Services (India)?

Executive Team (2)

NameDesignationAppointment DateStatus
Krishna Kanhaiya Country flag representing In CEO17-Sep-2021Current
Ritin Mawani Company Secretary25-Jan-2024Current

Board Members (3)

NameDesignationAppointment DateStatus
Krishna Kanhaiya Country flag representing In Director and Ceo 17-Sep-2021Current
Sanjeev Lall Country flag representing In Director 27-May-2020Current
Kwangjoo Park Country flag representing Kr Director 15-May-2024Current

Financial Performance of Mirae Asset Financial Services (India).

Mirae Asset Financial Services (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 279.76% increase. The company also saw a substantial improvement in profitability, with a 109.11% increase in profit. The company's net worth Soared by an impressive increase of 132.05%.

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
279.76%
Revenue from Operations
278.42%
Total Assets
132.00%
Profit or Loss
109.11%
Net Worth
132.05%
EBITDA
148.40%

What is the Ownership and Shareholding Structure of Mirae Asset Financial Services (India)?

In 2023, Mirae Asset Financial Services (India) had a promoter holding of 51.00% and a public holding of 49.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹105.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 55.00 Cr
  • Others : 50.00 Cr

Latest Charge Details

DateLenderAmountStatus
29 Oct 2024Axis Bank Limited₹55.00 CrOpen
26 Jul 2024Others₹35.00 CrOpen
01 Apr 2024Others₹15.00 CrOpen

How Many Employees Work at Mirae Asset Financial Services (India)?

Mirae Asset Financial Services (India) has a workforce of 49 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mirae Asset Financial Services (India), 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 Mirae Asset Financial Services (India)'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 Mirae Asset Financial Services (India)

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 55.00 Cr with Charge ID 101000908 was registered on 29 Oct 2024.

    29 Oct 2024

  • Annual General Meeting

    Mirae Asset Financial Services (India) Private Limited last Annual general meeting of members was held on 14 Aug 2024 as per latest MCA records.

    14 Aug 2024

  • Charges

    A charge with Others amounted to Rs. 35.00 Cr with Charge ID 100962356 was registered on 26 Jul 2024.

    26 Jul 2024

  • Director Appointment

    Kwangjoo Park was appointed as a Director was appointed as a Director on 15 May 2024 & has been associated with this company since 9 months 9 days .

    15 May 2024

  • Charges

    A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100907517 was registered on 01 Apr 2024.

    01 Apr 2024

  • Balance Sheet

    Mirae Asset Financial Services (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

Frequently asked questions

  • Mirae Asset Financial Services (India) Private Limited was incorporated on 13 Feb 2020.

  • The authorized share capital of Mirae Asset Financial Services (India) Private Limited is ₹ 500.00 Cr and paid-up capital is ₹ 332.00 Cr.

  • Currently 5 directors are associated with Mirae Asset Financial Services (India) Private Limited.

    • Krishna Kanhaiya
    • Sanjeev Lall
    • Kwangjoo Park
    • Krishna Kanhaiya
    • Ritin Shantilal Mawani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mirae Asset Financial Services (India) Private Limited is Unit No. 606 6Th Floor Windsor Bldg Off Cst Road Kalina Santacruz (E), India, Mumbai, Maharashtra, 400098.

  • The corporate identification number (CIN) of Mirae Asset Financial Services (India) Private Limited is U65999MH2020PTC337638 and the company number is 337638 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mirae Asset Financial Services (India) Private Limited is https://www.miraeassetfin.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mirae Asset Financial Services (India) Private Limited has risen by 279.76%.

  • As Per 2023 financial reports, 49 employees are currently employed by Mirae Asset Financial Services (India) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mirae Asset Financial Services (India) Private Limited has experienced an upsurge of 132.05%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mirae Asset Financial Services (India) Private Limited amount to ₹ 105.00 Cr.

  • The most recent Balance Sheet for Mirae Asset Financial Services (India) Private Limited was filed with the ROC on 31 Mar 2024.

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