About Mirae Asset Foundation
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Mirae Asset Foundation is a private not for profit company based in Mumbai, Maharashtra, India. It operates in the membership organizations segment of the non-profit sector. It was incorporated on 03 January 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U85100MH2018NPL303621.
It is led by directors Ritesh Deepak Patel and Sung Ho Ahn.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Unit No 606 6th Floor Windsor Building Cst Road Kalina Santacruz East, Mumbai, Maharashtra, India – 400098.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.03 Cr, a growth of 98% compared to the previous year. For the same year it recorded a net profit of ₹19.8 Lakh (net margin 2.2%) and EBITDA of ₹19.82 Lakh (EBITDA margin 2.2%). Revenue has grown at a compounded annual rate (CAGR) of 43% over three years and 37% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website miraeassetmf.co.in.
Company details
Contact details
Mirae Asset Foundation's registered office is in Mumbai, Maharashtra. Its website is miraeassetmf.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit No 606 6th Floor Windsor Building Cst Road Kalina Santacruz East, Mumbai, Maharashtra, India – 400098
- IndustryNon-Profit Organizations, Membership Organizations
To see the full contact details of Mirae Asset Foundation, 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
Business activity
The main business activity of Mirae Asset Foundation is personal and household service. In detail, this covers activities of membership organisations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| S | Personal and Household service | S1 | Activities of membership organisations |
To see the full business activity and turnover split of Mirae Asset Foundation, buy the company report.
Financials of Mirae Asset Foundation
FY 2025 filings availableMirae Asset Foundation reported revenue of ₹9.03 Cr (up 98% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 37% over five years, including 98% growth in the latest year. EBITDA rose 560% 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 | ₹19.82 Lakh | ||||
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| Net Profit (PAT) | ₹19.8 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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| Profitability | |||||
| EBITDA Margin | 2.2% | ||||
| Net Profit Margin | 2.2% | ||||
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To see the full financial statements and ratios of Mirae Asset Foundation, buy the company report.
Board of directors of Mirae Asset Foundation
Mirae Asset Foundation has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ritesh Deepak Patel | Director | 03 Jan 2018 | 8 Years 9 Months | Current |
| Sung Ho Ahn | Director | 16 Jun 2023 | 3 Years 4 Months | Current |
Peer comparison
Mirae Asset Foundation is compared with the 10 companies closest to it by revenue in the same principal business activity (activities of membership organisations), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Brightfuture Lifecare Private Limited | ₹13.69 Cr (FY 2025) | 57.0% | Derabassi, Punjab, India | |||
| Yash Prints Pvt. Ltd. | ₹13.32 Cr (FY 2025) | 22.0% | Faridabad, Haryana, India | |||
| Credai - Ahmedabad | ₹13.3 Cr (FY 2025) | 31.0% | Ahmedabad, Gujarat, India | |||
| Salaam Bombay Foundation | ₹12.68 Cr (FY 2025) | -2.0% | Mumbai, Maharashtra, India | |||
| Press Club of India. | ₹11.08 Cr (FY 2024) | 12.0% | New Delhi, Delhi, India | |||
| Mirae Asset Foundationthis company | ₹9.03 Cr (FY 2025) | ₹19.8 Lakh | 2.2% | 98.0% | Mumbai, Maharashtra, India | |
| The Bengal Club Ltd | ₹8.71 Cr (FY 2025) | 4.0% | Kolkata, West Bengal, India | |||
| Sea Food Exporters Association of India | ₹7.78 Cr (FY 2025) | 5.0% | Ernakulam, Kerala, India | |||
| Cuttack Club | ₹7.36 Cr (FY 2025) | 5.0% | Cuttack, Odisha, India | |||
| Gap Logistics Private Limited | ₹6.86 Cr (FY 2024) | 83.0% | Mumbai, Maharashtra, India | |||
| Entrepreneurs Organisation Gurgaon | ₹6.59 Cr (FY 2025) | 37.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Mirae Asset Foundation, buy the company report.
Auditor
Mirae Asset Foundation is audited by HINESH R. DOSHI & CO. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HINESH R. DOSHI & CO. LLP | FY 2023 | 103677W |
Shareholding
The shareholding of Mirae Asset Foundation is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions and public shareholders.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public |
To see the full shareholding pattern of Mirae Asset Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Mirae Asset Foundation 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
Mirae Asset Foundation has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Mirae Asset Foundation, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
No GST registration is on our record for Mirae Asset Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mirae Asset Foundation has 4 board changes on record since 2018: 3 appointments and 1 cessation. The latest: Jun Young Hong ceased to be Director on 16 Jun 2023.
News
Frequently asked questions
Mirae Asset Foundation is an active private not for profit company based in Mumbai, Maharashtra, India. The company works in membership organizations, within the non-profit organizations industry. It was incorporated on 03 January 2018 (8+ years old) and is registered under CIN U85100MH2018NPL303621.
Mirae Asset Foundation has 2 current directors:
- Ritesh Deepak Patel - Director
- Sung Ho Ahn - Director
The latest financial statements of Mirae Asset Foundation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.
The CIN (Corporate Identification Number) of Mirae Asset Foundation is U85100MH2018NPL303621. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mirae Asset Foundation was incorporated on 03 January 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mirae Asset Foundation by revenue are Brightfuture Lifecare Private Limited, Yash Prints Pvt. Ltd, Credai - Ahmedabad, Salaam Bombay Foundation, Press Club of India. and 5 more, all in the same principal business activity (activities of membership organisations).
Jun Young Hong ceased to be Director on 16 Jun 2023. Sung Ho Ahn was appointed as Director on 16 Jun 2023. Jun Young Hong was appointed as Director on 03 Jan 2018. Mirae Asset Foundation has 4 board changes on record in total.
Mirae Asset Foundation has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 15 May 2024.
Mirae Asset Foundation can be reached through the website miraeassetmf.co.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Mirae Asset Foundation is at Unit No 606 6th Floor Windsor Building Cst Road Kalina Santacruz East, Mumbai, Maharashtra, India – 400098.
Mirae Asset Foundation operates in the non-profit organizations industry, in the membership organizations segment.
The compliance status of Mirae Asset Foundation is compliant as of 21 September 2026. The company is actively filing with the Registrar of Companies.