About Metcon Finance Limited
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Metcon Finance Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Motor House Ltd. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 15 April 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65910MH1987PLC043168. Its GSTIN is 27AAACH4218G1ZV (Maharashtra).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹76 Lakh. It was formerly known as Metcon Finance Private Limited and Horizon Leasing Private Limited. It is led by directors including Pratikkumar Kamtaprasadabhay Singh and Shaurya Ashok Mehta.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 6/2 Mount View Second Floor 51 Lady Jamshedji Road Mahim West, Mumbai, Maharashtra, India – 400016.
As per the financials filed for FY 2025, the company reported a revenue of ₹70,285, a growth of 23% compared to the previous year. For the same year it recorded a net loss of ₹8.07 Lakh and EBITDA of -₹8.05 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 45% over three years and 79% over five years.
The company is associated with 1 brand: Metcon Finance.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website metconfinance.com.
Company details
Name history
Metcon Finance has undergone 3 name changes throughout its history. The company was previously known as Metcon Finance Private Limited, Horizon Leasing Private Limited, and Horizon Leasing Limited. The current legal name is Metcon Finance Limited.
| Company Name | Status |
|---|---|
| Metcon Finance Limited | Current |
| Metcon Finance Private Limited | Previous |
| Horizon Leasing Private Limited | Previous |
| Horizon Leasing Limited | Previous |
CIN history
Metcon Finance has one previous CIN (Corporate Identification Number): U99999MH1987PLC043168. The current CIN is U65910MH1987PLC043168, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65910MH1987PLC043168 | Current |
| U99999MH1987PLC043168 | Previous |
Contact details
Metcon Finance Limited's registered office is in Mumbai, Maharashtra. Its website is metconfinance.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address6/2 Mount View Second Floor 51 Lady Jamshedji Road Mahim West, Mumbai, Maharashtra, India – 400016
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Metcon Finance Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Metcon Finance operates one associated brand: Metcon Finance. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Financial services including loans, investments, and insurance are provided in Mumbai. | metconfinance.com |
Business activity
The main business activity of Metcon Finance is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Metcon Finance Limited, buy the company report.
Financials of Metcon Finance Limited
FY 2024 filings availableMetcon Finance Limited reported revenue of ₹70,285 (up 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 23% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 79%. EBITDA rose 6% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹8.05 Lakh | ||||
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| Net Profit (PAT) | -₹8.07 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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To see the full financial statements and ratios of Metcon Finance Limited, buy the company report.
Board of directors of Metcon Finance Limited
Metcon Finance has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pratikkumar Kamtaprasadabhay Singh | Director | 24 Jun 2019 | 7 Years 4 Months | Current |
| Shaurya Ashok Mehta Also directs: Motor House Ltd, Metcon Infrastructure Private Limited, Metson Infrastructure Private Limited and 5 more | Director | 30 May 2010 | 16 Years 5 Months | Current |
| Rakshita Ashok Mehta Also directs: Motor House Ltd, Metcon Infrastructure Private Limited, Metson Infrastructure Private Limited and 5 more | Director | 10 Mar 2022 | 4 Years 7 Months | Current |
| Ashok Chothuram Mehta Also directs: Motor House Ltd, Metcon Infrastructure Private Limited, Metson Infrastructure Private Limited and 5 more | Director | 18 Mar 2019 | 7 Years 7 Months | Current |
Auditor
Metcon Finance Limited is audited by R.A. KUVADIA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R.A. KUVADIA & CO | FY 2023 | 040087 |
Shareholding
The shareholding of Metcon Finance Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Metcon Finance Limited, buy the company report.
Legal cases
No court or tribunal cases involving Metcon Finance Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Metcon Finance Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Metcon Finance has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACH4218G1ZV | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Metcon Finance Limited, buy the company report.
Recent activity
Metcon Finance Limited has 12 board changes on record since 2010: 4 appointments and 8 cessations. The latest: Rakshita Ashok Mehta was appointed as Director on 10 Mar 2022.
3 earlier events are in the company report.
Frequently asked questions
Metcon Finance is an active public limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 15 April 1987 (39+ years old) and is registered under CIN U65910MH1987PLC043168.
Metcon Finance has 4 current directors:
- Pratikkumar Kamtaprasadabhay Singh - Director
- Shaurya Ashok Mehta - Director
- Rakshita Ashok Mehta - Director
- Ashok Chothuram Mehta - Director
The latest financial statements of Metcon Finance on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Metcon Finance is 27AAACH4218G1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Metcon Finance is U65910MH1987PLC043168. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Metcon Finance was incorporated on 15 April 1987, making it 39+ years old. It is registered with the Registrar of Companies, Mumbai.
Rakshita Ashok Mehta was appointed as Director on 10 Mar 2022. Pratikkumar Kamtaprasadabhay Singh was appointed as Director on 24 Jun 2019. Rakshita Ashok Mehta ceased to be Director on 20 Mar 2019. Metcon Finance has 12 board changes on record in total.
Metcon Finance can be reached through the website metconfinance.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Metcon Finance is at 62 Mount View Second Floor 51 Lady Jamshedji Road Mahim West, Mumbai, Maharashtra, India – 400016.
Metcon Finance operates in the financial services industry, in the diversified financial services segment.
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