Money2Me Finance Profile
Key Indicators
- Authorised Capital ₹ 5.25 Cr
- Paid Up Capital ₹ 3.05 Cr
- Company Age 34 Year, 17 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 149.10 Cr
- Satisfied Charges ₹ 11.50 Cr
- Revenue Growth 47.81%
- Profit Growth 13.80%
- Ebitda 47.36%
- Net Worth 9.94%
- Total Assets 23.35%
About Money2Me Finance
Money2me Finance Private Limited (MFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 May 1991 and has a history of 34 years. Its registered office is in Ludhiana, Punjab, India.
The Corporate was formerly known as Broadway Hire Purchase 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 2024. It's a company limited by shares with an authorized capital of Rs 5.25 Cr and a paid-up capital of Rs 3.05 Cr.
The company currently has active open charges totaling ₹149.10 Cr. The company has closed loans amounting to ₹11.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
Nayan Kambli, Gunjan Dhruvnath, and Rammahesh Agarwal serve as directors at the Company.
Company Details
- Location
Ludhiana, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65921CH1991PTC011336
- Company No.
011336
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
08 May 1991
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Financial Services
Money2me Finance Private Limited
Explore comprehensive data for Money2me Finance Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Money2Me Finance?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nayan Kambli  | Director | 04-Jun-2016 | Current |
| Gunjan Dhruvnath | Director | 09-Oct-2016 | Current |
| Rammahesh Agarwal | Director | 29-Mar-2019 | Current |
Financial Performance of Money2Me Finance.
Money2Me Finance Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 47.81% increase. The company also saw a substantial improvement in profitability, with a 13.8% increase in profit. The company's net worth moved up by a moderate rise of 9.94%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Money2Me Finance?
In 2023, Money2Me Finance had a promoter holding of 74.05% and a public holding of 25.95%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Money2me Fintech Private LimitedNayan Kambli and Gunjan Dhruvnath are mutual person
Vimanam Venture Advisors LlpNayan Kambli is a mutual person
- Rnu Manufacturing And Trading Llp
Rammahesh Agarwal is a mutual person
Charges (Loans)
Open Charges
₹149.10 Cr
Satisfied Charges
₹11.50 Cr
Charges Breakdown by Lending Institutions
- Others : 109.10 Cr
- The South Indian Bank Limited : 25.00 Cr
- State Bank Of India : 10.00 Cr
- City Union Bank Limited : 5.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Nov 2024 | Others | ₹3.00 Cr | Open |
| 29 Sep 2024 | Others | ₹5.00 Cr | Open |
| 25 Sep 2024 | Others | ₹1.50 Cr | Open |
| 08 Aug 2024 | Others | ₹2.00 Cr | Open |
| 24 Jul 2024 | Others | ₹10.00 Cr | Open |
How Many Employees Work at Money2Me Finance?
Money2Me Finance has a workforce of 98 employees as of Mar 31, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Money2Me 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 Money2Me Finance's trajectory.
Rating
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
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 Money2Me Finance
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 3.00 Cr with Charge ID 101013319 was registered on 26 Nov 2024.
- Charges
A charge registered on 03 Mar 2023 via Charge ID 100688265 with Others was fully satisfied on 08 Nov 2024.
- Annual General Meeting
Money2Me Finance Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100983848 was registered on 29 Sep 2024.
- Charges
A charge with Others amounted to Rs. 1.50 Cr with Charge ID 100983480 was registered on 25 Sep 2024.
- Charges
A charge registered on 07 Jul 2023 via Charge ID 100749742 with Others was fully satisfied on 30 Aug 2024.
Frequently asked questions
What is the Incorporation or founding date of Money2Me Finance Private Limited?
Money2Me Finance Private Limited was incorporated on 08 May 1991.
What is authorized share capital and paid-up capital of Money2Me Finance Private Limited?
The authorized share capital of Money2Me Finance Private Limited is ₹ 5.25 Cr and paid-up capital is ₹ 3.05 Cr.
Who are the current board members & directors of Money2Me Finance Private Limited?
Currently 3 directors are associated with Money2Me Finance Private Limited.
- Nayan Suresh Kambli
- Gunjan Sharma Dhruvnath
- Rammahesh Ramnarayan Agarwal
What is the registered address of Money2Me Finance Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Money2Me Finance Private Limited is 264-A Agar Nagar Enclave, Barewal Road India, Ludhiana, Punjab, 141012.
What is the corporate identification number (CIN) and company number of Money2Me Finance Private Limited?
The corporate identification number (CIN) of Money2Me Finance Private Limited is U65921CH1991PTC011336 and the company number is 011336 as per Ministry of Corporate Affairs (MCA).
What is the official website of Money2Me Finance Private Limited?
The Official website of Money2Me Finance Private Limited is https://www.money2me.in
What has been the recent revenue trend for Money2Me Finance Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Money2Me Finance Private Limited has risen by 47.81%.
How many employees does Money2Me Finance Private Limited currently have?
As Per 2023 financial reports, 98 employees are currently employed by Money2Me Finance Private Limited.
What change has been observed in the net worth of Money2Me Finance Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Money2Me Finance Private Limited has experienced an upsurge of 9.94%.
What are the total open charges for Money2Me Finance Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Money2Me Finance Private Limited amount to ₹ 149.10 Cr.
When was the last Balance Sheet of Money2Me Finance Private Limited filed with the ROC?
The most recent Balance Sheet for Money2Me Finance Private Limited was filed with the ROC on 31 Mar 2024.
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