Motilal Oswal Home Finance Limited

Provides housing loans to low and middle-income individuals through a network of 113 branches.

2013 | Mumbai, Maharashtra (India) | Active
Last Updated: December 09, 2024

Motilal Oswal Home Finance Profile

Key Indicators

  • Authorised Capital ₹ 1,000.00 Cr
  • Paid Up Capital ₹ 605.16 Cr
  • Company Age 11 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4,651.49 Cr
  • Satisfied Charges ₹ 5,704.36 Cr
  • Revenue Growth 10.74%
  • Profit Growth -2.82%
  • Ebitda 7.32%
  • Net Worth 12.15%
  • Total Assets 9.74%

About Motilal Oswal Home Finance

Motilal Oswal Home Finance Limited (MOHFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 October 2013 and has a history of 11 years and four months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Aspire Home Finance Corporation 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 1,000.00 Cr and a paid-up capital of Rs 605.16 Cr.

The company currently has active open charges totaling ₹4,651.49 Cr. The company has closed loans amounting to ₹5,704.36 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Motilal Oswal Home Finance Limited India are Bhavin Rajput as Cfo, Sukesh Bhowal as Ceo, and Sunny Ganatra as Company Secretary. Motilal Oswal, Raamdeo Agarawal, Divya Momaya, and Three other members 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

    U65923MH2013PLC248741

  • Company No.

    248741

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 Oct 2013

  • Date of AGM

    25 Jun 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 Motilal Oswal Home Finance?

Executive Team (3)

NameDesignationAppointment DateStatus
Bhavin Rajput CFO21-Feb-2024Current
Sukesh Bhowal Country flag representing In Managing Director27-Oct-2023Current
Sunny Ganatra Company Secretary21-Feb-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Raamdeo Agarawal Country flag representing In Director 01-Oct-2013Current
Neha Gada Country flag representing In Director 27-Oct-2023Current
Motilal Oswal Country flag representing In Director 01-Oct-2013Current
Divya Momaya Country flag representing In Director 25-Sep-2020Current
Satinder Rana Additional Director 30-Sep-2024Current

Financial Performance of Motilal Oswal Home Finance.

Motilal Oswal Home Finance Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 10.74% increase. The company also saw a slight decrease in profitability, with a 2.82% decrease in profit. The company's net worth Soared by an impressive increase of 12.15%.

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
10.74%
Revenue from Operations
9.72%
Total Assets
9.74%
Profit or Loss
-2.82%
Net Worth
12.15%
EBITDA
7.32%

What is the Ownership and Shareholding Structure of Motilal Oswal Home Finance?

In 2024, Motilal Oswal Home Finance had a promoter holding of 97.49% and a public holding of 2.50%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4,651.49 Cr

Satisfied Charges

₹5,704.36 Cr

Charges Breakdown by Lending Institutions

  • Others : 3067.35 Cr
  • State Bank Of India : 464.14 Cr
  • Indian Bank : 270.00 Cr
  • Hdfc Bank Limited : 250.00 Cr
  • Idbi Bank Limited : 160.00 Cr
  • Others : 440.00 Cr

Latest Charge Details

DateLenderAmountStatus
18 Oct 2024Others₹100.00 CrOpen
14 Oct 2024Others₹200.00 CrOpen
30 Sep 2024State Bank Of India₹150.00 CrOpen
29 Aug 2024Others₹75.00 CrOpen
26 Jun 2024Others₹200.00 CrOpen

How Many Employees Work at Motilal Oswal Home Finance?

Motilal Oswal Home Finance has a workforce of 1827 employees as of Dec 09, 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 Motilal Oswal Home 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 Motilal Oswal Home 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 Motilal Oswal Home Finance

Recent activity within the organization

  • Charges

    A charge registered on 20 Feb 2023 via Charge ID 100686036 with Others was fully satisfied on 13 Nov 2024.

    13 Nov 2024

  • Charges

    A charge registered on 22 Dec 2022 via Charge ID 100667121 with Axis Bank Limited was fully satisfied on 08 Nov 2024.

    08 Nov 2024

  • Charges

    A charge registered on 25 Oct 2021 via Charge ID 100495641 with Axis Bank Limited was fully satisfied on 08 Nov 2024.

    08 Nov 2024

  • Charges

    A charge registered on 28 Sep 2020 via Charge ID 100379304 with Axis Bank Limited was fully satisfied on 08 Nov 2024.

    08 Nov 2024

  • Charges

    A charge registered on 23 Dec 2019 via Charge ID 100315477 with Axis Bank Limited was fully satisfied on 08 Nov 2024.

    08 Nov 2024

  • Charges

    A charge registered on 28 Sep 2016 via Charge ID 100054719 with State Bank Of India was fully satisfied on 23 Oct 2024.

    23 Oct 2024

Frequently asked questions

  • Motilal Oswal Home Finance Limited was incorporated on 01 Oct 2013.

  • The authorized share capital of Motilal Oswal Home Finance Limited is ₹ 1,000.00 Cr and paid-up capital is ₹ 605.16 Cr.

  • Currently 9 directors are associated with Motilal Oswal Home Finance Limited.

    • Bhavin Rohit Rajput
    • Motilal Gopilal Oswal
    • Raamdeo Ramgopal Agarawal
    • Divya Sameer Momaya
    • Neha Rajen Gada
    • Sukesh Bhowal
    • Satinder Singh Rana
    • Sukesh Bhowal
    • Sunny Prakash Ganatra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Motilal Oswal Home Finance Limited is Motilal Oswal Tower Rahimtullah Sayani Road Opposite Parel St Depot Prabhadev I, India, Mumbai, Maharashtra, 400025.

  • The corporate identification number (CIN) of Motilal Oswal Home Finance Limited is U65923MH2013PLC248741 and the company number is 248741 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Motilal Oswal Home Finance Limited is https://www.motilaloswalhf.com

  • According to the financial reports for the fiscal year 2024, the revenue trend for Motilal Oswal Home Finance Limited has risen by 10.74%.

  • As Per 2024 financial reports, 1827 employees are currently employed by Motilal Oswal Home Finance Limited.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Motilal Oswal Home Finance Limited has experienced an upsurge of 12.15%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Motilal Oswal Home Finance Limited amount to ₹ 4,651.49 Cr.

  • The most recent Balance Sheet for Motilal Oswal Home Finance Limited was filed with the ROC on 31 Mar 2024.

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