Mirage Advances Private Limited

Provides hire-purchase financing, housing and general finance and investment services in India and abroad.

1995 | Jalandhar, Punjab (India) | Active
Last Updated: December 21, 2024

Mirage Advances Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 3.45 Cr
  • Company Age 29 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 15.56%
  • Profit Growth -320.57%
  • Ebitda -150.13%
  • Net Worth 98.21%
  • Total Assets 108.71%

About Mirage Advances

Mirage Advances Private Limited (MAPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 July 1995 and has a history of 29 years and six months. Its registered office is in Jalandhar, Punjab, 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 10.00 Cr and a paid-up capital of Rs 3.45 Cr, as per Ministry of Corporate Affairs (MCA) records.

Harbans Chandi, Ratan Sharma, Lakhwinder Kaur, and Two other members serve as directors at the Company.

Company Details

  • Location

    Jalandhar, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65921PB1995PTC016834

  • Company No.

    016834

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Jul 1995

  • Date of AGM

    31 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Financial Services

Who are the key members and board of directors at Mirage Advances?

Executive Team (1)

NameDesignationAppointment DateStatus
Harbans Chandi Country flag representing In Managing Director28-Jul-1995Current

Board Members (4)

NameDesignationAppointment DateStatus
Ratan Sharma Country flag representing In Director 16-Nov-2024Current
Lakhwinder Kaur Country flag representing In Whole-Time Director 28-Jul-1995Current
Kanwarjit Singh Country flag representing In Whole-Time Director 31-Dec-2006Current
Gunit Chandi Country flag representing In Director 30-Jul-2022Current

Financial Performance of Mirage Advances.

Mirage Advances Private Limited, for the financial year ended 2017, experienced significant growth in revenue, with a 15.56% increase. The company also saw a substantial fall in profitability, with a 320.57% decrease in profit. The company's net worth Soared by an impressive increase of 98.21%.

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
15.56%
Revenue from Operations
13.92%
Total Assets
108.71%
Profit or Loss
-320.57%
Net Worth
98.21%
EBITDA
-150.13%

What is the Ownership and Shareholding Structure of Mirage Advances?

In 2017, Mirage Advances 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 Mirage Advances?

Unlock and access historical data on people associated with Mirage Advances, 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 Mirage Advances, 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 Mirage Advances'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 Mirage Advances

Recent activity within the organization

  • Director Appointment

    Ratan Lal Sharma was appointed as a Director was appointed as a Director on 16 Nov 2024 & has been associated with this company since 3 months 8 days .

    16 Nov 2024

  • Annual General Meeting

    Mirage Advances Private Limited last Annual general meeting of members was held on 31 Aug 2024 as per latest MCA records.

    31 Aug 2024

  • Balance Sheet

    Mirage Advances Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Director Appointment

    Gunit Kaur Chandi was appointed as a Director was appointed as a Director on 30 Jul 2022 & has been associated with this company since 2 years 6 months .

    30 Jul 2022

  • Director Appointment

    Kanwarjit Singh was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 31 Dec 2006 & has been associated with this company since 18 years 1 month .

    31 Dec 2006

  • Director Appointment

    Harbans Singh Chandi was appointed as a Managing Director was appointed as a Managing Director on 28 Jul 1995 & has been associated with this company since 29 years 6 months .

    28 Jul 1995

Frequently asked questions

  • Mirage Advances Private Limited was incorporated on 28 Jul 1995.

  • The authorized share capital of Mirage Advances Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 3.45 Cr.

  • Currently 5 directors are associated with Mirage Advances Private Limited.

    • Harbans Singh Chandi
    • Ratan Lal Sharma
    • Lakhwinder Kaur
    • Kanwarjit Singh
    • Gunit Kaur Chandi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mirage Advances Private Limited is 556, 5Th Floor Cool Road India, Jalandhar, Punjab, 144001.

  • The corporate identification number (CIN) of Mirage Advances Private Limited is U65921PB1995PTC016834 and the company number is 016834 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2017, the revenue trend for Mirage Advances Private Limited has risen by 15.56%.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Mirage Advances Private Limited has experienced an upsurge of 98.21%.

  • The most recent Balance Sheet for Mirage Advances Private Limited was filed with the ROC on 31 Mar 2024.

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