Mynakam General Finance Private Limited

Provides financial services such as gold loans, business loans, vehicle loans, and money transfer.

1998 | Thrissur, Kerala (India) | Active
Last Updated: October 23, 2024

Mynakam General Finance Profile

Key Indicators

  • Authorised Capital ₹ 8.00 Cr
  • Paid Up Capital ₹ 6.05 Cr
  • Company Age 26 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.10 Cr
  • Satisfied Charges ₹ 28.23 Cr
  • Revenue Growth -1.36%
  • Profit Growth 131.14%
  • Ebitda 28.82%
  • Net Worth 1.83%
  • Total Assets -2.62%

About Mynakam General Finance

Mynakam General Finance Private Limited (MGFPL) is a Private Limited Indian Non-Government Company incorporated in India on 09 March 1998 and has a history of 26 years and 11 months. Its registered office is in Thrissur, Kerala, 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 2023. It's a company limited by shares with an authorized capital of Rs 8.00 Cr and a paid-up capital of Rs 6.05 Cr.

The company currently has active open charges totaling ₹3.10 Cr. The company has closed loans amounting to ₹28.23 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mohanasundaran Anandan, Thottupura Dayanandan, Thottupura Prabhakaran, and Ten other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U65910KL1998PTC012139

  • Company No.

    012139

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Mar 1998

  • Date of AGM

    29 Jul 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Financial Services

Who are the key members and board of directors at Mynakam General Finance?

Executive Team (1)

NameDesignationAppointment DateStatus
Mohanasundaran Anandan Country flag representing In Managing Director28-Sep-2004Current

Board Members (12)

NameDesignationAppointment DateStatus
Thottupura Dayanandan Country flag representing In Director 09-Mar-1998Current
Thottupura Prabhakaran Country flag representing In Director 01-Oct-1999Current
Sasikumar Chendra Country flag representing In Director 07-Jan-2000Current
Thottupura Sanjayan Country flag representing In Director 01-Oct-1999Current
Valsa Jayaprakasan Country flag representing In Director 01-Oct-1999Current
Chulliparambil Smitha Country flag representing In Director 05-Dec-2003Current

Financial Performance of Mynakam General Finance.

Mynakam General Finance Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 1.36% decrease. The company also saw a substantial improvement in profitability, with a 131.14% increase in profit. The company's net worth moved up by a moderate rise of 1.83%.

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
-1.36%
Revenue from Operations
0.20%
Total Assets
-2.62%
Profit or Loss
131.14%
Net Worth
1.83%
EBITDA
28.82%

What is the Ownership and Shareholding Structure of Mynakam General Finance?

In 2023, Mynakam General Finance had a promoter holding of 2.05% and a public holding of 97.95%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3.10 Cr

Satisfied Charges

₹28.23 Cr

Charges Breakdown by Lending Institutions

  • Others : 3.10 Cr

Latest Charge Details

DateLenderAmountStatus
10 May 2023Others₹1.00 MOpen
10 Feb 2020Others₹3.00 CrOpen
07 Nov 2017Others₹3.45 CrSatisfied
07 Nov 2017Others₹3.00 CrSatisfied
28 Oct 2017Others₹9.48 MSatisfied

How Many Employees Work at Mynakam General Finance?

Mynakam General Finance has a workforce of 14 employees as of Apr 04, 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 Mynakam General 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 Mynakam General 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 Mynakam General Finance

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 3.00 Cr registered on 10 Feb 2020 with Charge ID 100335288 was modified on 01 Aug 2024.

    01 Aug 2024

  • Charges

    A charge registered on 05 Oct 2005 via Charge ID 90020838 with Catholic Syrian Bank Limited was fully satisfied on 15 Jul 2024.

    15 Jul 2024

  • Director Appointment

    Smitha Krishnakumari was appointed as a Additional Director was appointed as a Additional Director on 05 Jun 2024 & has been associated with this company since 8 months 19 days .

    05 Jun 2024

  • Director Appointment

    Kalappurakkal Thomas Paul was appointed as a Additional Director was appointed as a Additional Director on 05 Jun 2024 & has been associated with this company since 8 months 19 days .

    05 Jun 2024

  • Director Appointment

    Unnikrishnan Chakkadath Kunhikrishnan was appointed as a Additional Director was appointed as a Additional Director on 17 May 2024 & has been associated with this company since 9 months 8 days .

    17 May 2024

  • Annual General Meeting

    Mynakam General Finance Private Limited last Annual general meeting of members was held on 29 Jul 2023 as per latest MCA records.

    29 Jul 2023

Frequently asked questions

  • Mynakam General Finance Private Limited was incorporated on 09 Mar 1998.

  • The authorized share capital of Mynakam General Finance Private Limited is ₹ 8.00 Cr and paid-up capital is ₹ 6.05 Cr.

  • Currently 13 directors are associated with Mynakam General Finance Private Limited.

    • Mohanasundaran Thayyil Anandan
    • Thottupura Kunhiraman Dayanandan
    • Thottupura Kunhiraman Prabhakaran
    • Sasikumar Ayyappan Chendra
    • Thottupura Velappan Sanjayan
    • Valsa Jayaprakasan
    • Chulliparambil Ramachandran Smitha
    • Smitha Krishnakumari
    • Chulliparambil Sankaran Sasidhar
    • Unnikrishnan Chakkadath Kunhikrishnan
    • Girija Madhavan
    • Kottekaran Madhavan Susanth
    • Kalappurakkal Thomas Paul
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mynakam General Finance Private Limited is X179 G Lakshmi Buildingthriprayar P O Nattika India, Thrissur, Kerala, 680566.

  • The corporate identification number (CIN) of Mynakam General Finance Private Limited is U65910KL1998PTC012139 and the company number is 012139 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mynakam General Finance Private Limited is https://www.mynakamgeneralfinance.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mynakam General Finance Private Limited has fallen by -1.36%.

  • As Per 2023 financial reports, 14 employees are currently employed by Mynakam General Finance Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mynakam General Finance Private Limited has experienced an upsurge of 1.83%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mynakam General Finance Private Limited amount to ₹ 3.10 Cr.

  • The most recent Balance Sheet for Mynakam General Finance Private Limited was filed with the ROC on 31 Mar 2023.

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