Minimax Finlease Private Limited

Minimax Finlease Private Limited - financial services in Mumbai, Maharashtra, India. Directors, charges & compliance details.
CIN U65923MH1993PTC070962 Incorporated 26 February 1993 ROC Mumbai HQ Mumbai, Maharashtra, India
Merged Private Limited Company financial services
Data last updated
Revenue · FY 2017
₹77.36 Lakh
▼ 3% YoY
Net profit · FY 2017
₹64.78 Lakh
Net margin 83.7%
EBITDA · FY 2017
₹70.33 Lakh
EBITDA margin 90.9%
Authorised capital
₹2.22 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Company age
33 yrs
Est. 1993
Directors on board
2
As per MCA filings
Last financials
Mar 2017
Balance sheet date

About Minimax Finlease Private Limited

Data last updated:

Minimax Finlease Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the commercial loan services segment of the financial services sector. It was incorporated on 26 February 1993.

The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U65923MH1993PTC070962.

The company had an authorised share capital of ₹2.22 Cr and a paid-up capital of ₹2 Cr. It was led by directors Anil Baburao Javalekar and Baburao Vishnu Javalekar.

Its last annual general meeting (AGM) was held on 05 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 8 Swastik Chambersc S T Road Chembur, Mumbai, Maharashtra, India – 400071.

As per the financials filed for FY 2017, the company reported a revenue of ₹77.36 Lakh, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹64.78 Lakh (net margin 83.7%) and EBITDA of ₹70.33 Lakh (EBITDA margin 90.9%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years.

Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 1 case is pending.

Company details

CIN U65923MH1993PTC070962
Registration Number 070962
Incorporation Date 26 February 1993
ROC Mumbai
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 05 September 2017
Date of Balance Sheet 31 March 2017

Contact details

Minimax Finlease Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    8 Swastik Chambersc S T Road Chembur, Mumbai, Maharashtra, India – 400071
  • Industry
    Financial Services, Commercial Loan Services, Credit Allocation Agencies, Bfsi, Other Financial Intermediation

To see the full contact details of Minimax Finlease Private Limited, buy the company report.

Comprehensive company report
Minimax Finlease Private Limited - one report that includes everything
  • 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
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Financials of Minimax Finlease Private Limited

FY 2017 filings available

Minimax Finlease Private Limited reported revenue of ₹77.36 Lakh (down 3% YoY) for FY 2017.

Revenue · FY 2017
₹77.36 Lakh ▼ 3%
Net profit · FY 2017
₹64.78 Lakh margin 83.7%
EBITDA · FY 2017
₹70.33 Lakh margin 90.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 24%
EBITDA CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 49%

Revenue fell 3% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 24%. EBITDA fell 3% 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

MetricsFY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹77.36 Lakh
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹70.33 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹64.78 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin90.9%
Net Profit Margin83.7%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Minimax Finlease Private Limited, buy the company report.

Board of directors of Minimax Finlease Private Limited

Minimax Finlease has 2 directors on record. No former directors are listed.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Anil Baburao JavalekarDirector03 Jul 200323 Years 3 MonthsAs last reported
Baburao Vishnu JavalekarDirector03 Jul 200323 Years 3 MonthsAs last reported

Auditor

Minimax Finlease Private Limited is audited by V.S.POTDAR & CO. for the financial year 2017.

Auditor firmFinancial yearFirm registration number
V.S.POTDAR & CO.FY 2017107984W

Shareholding

The shareholding of Minimax Finlease Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017FY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Minimax Finlease Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Minimax Finlease Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Minimax Finlease Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Minimax Finlease Private Limited has 2 board changes on record since 2003: 2 appointments. The latest: Anil Baburao Javalekar was appointed as Director on 03 Jul 2003.

AGM
Minimax Finlease Private Limited last Annual general meeting of members was held on 05 Sep 2017 as per latest MCA records.
Filing
Minimax Finlease Private Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Mumbai.
Appointed
Anil Baburao Javalekar was appointed as Director.
Appointed
Baburao Vishnu Javalekar was appointed as Director.
Incorporation
26 Feb 1993
Minimax Finlease Private Limited was registered on 26 Feb 1993 with Roc Mumbai & aged 33 years 8 months as per MCA records.

Frequently asked questions

Minimax Finlease has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Minimax Finlease was a private limited company based in Mumbai, Maharashtra, India. The company worked in commercial loan services, within the financial services industry. It was incorporated on 26 February 1993 and is registered under CIN U65923MH1993PTC070962. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Minimax Finlease was incorporated on 26 February 1993. It is registered with the Registrar of Companies, Mumbai.

Minimax Finlease had 2 directors:

The CIN (Corporate Identification Number) of Minimax Finlease is U65923MH1993PTC070962. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Minimax Finlease is at 8 Swastik Chambersc S T Road Chembur, Mumbai, Maharashtra, India – 400071.

The latest financial statements of Minimax Finlease on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 05 September 2017. Year-wise statements from 2015 are in the company report.

Minimax Finlease operated in the financial services industry, in the commercial loan services segment.

Minimax Finlease has 3 court cases on record: 2 filed by the company and 1 filed against it. 1 is pending.

Anil Baburao Javalekar was appointed as Director on 03 Jul 2003. Baburao Vishnu Javalekar was appointed as Director on 03 Jul 2003.