Hincon Finance Ltd. - Company Profile

It is a financial services public limited company based in Mumbai, Maharashtra, India, established in 1992.
1992 Mumbai, Maharashtra, India Active
Last Updated:
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About Hincon Finance Ltd.

Hincon Finance Ltd., a active public limited company, was established on 20 May 1992 in Mumbai, Maharashtra, India. Engaging in nbfc within the financial and insurance service sector, it holds CIN: U67120MH1992PLC066854. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹3.00 Cr and a paid-up capital of ₹8.00 M.

Formerly known as Hindustan Finvest Limited. It upholds a compliant status. Its leadership includes Ajit Gulabchand (Director), Shalaka Gulabchand Dhawan (Director), Rahul Shukla (Additional Director). Past directors included Girish Govind Gangal, Ram Pravinchandra Gandhi, Krishna Gajanan Tendulkar. It holds ₹10,165.08 Cr open charges and ₹3,766.67 Cr settled loans. Its latest AGM occurred on 11 September 2025, with the balance sheet filed on 31 March 2025. It is based at Hincon House, Lal Bahadur Shastri Marg, Vikhroli West,, Mumbai, Maharashtra, 400083.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U67120MH1992PLC066854

  • Registration Number

    066854

  • Incorporation Date

    20 May 1992

  • Authorized Capital

    ₹3.00 Cr

  • Paid-Up Capital

    ₹8.00 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 8.00 M
  • Company Age 33 Year, 9 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 10,165.08 Cr
  • Satisfied Charges ₹ 3,766.67 Cr
  • Revenue Growth **** 6.94%
  • Profit Growth **** -27.47%
  • Ebitda **** 13.38%
  • Net Worth 1.66%
  • Total Assets -0.02%
Company report

Hincon Finance Ltd.

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Hincon Finance Ltd. — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Hincon Finance Ltd.?
Current Directors
Name Designation Appointment Date Status
Ajit Gulabchand Director 20 May 1992 Current
Shalaka Gulabchand Dhawan Director 27 Apr 2005 Current
Rahul Shukla Additional Director 06 Nov 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 24 Sep 2019 Past
Pramod Abcsdd Director 28 Mar 2018 Past
Pramod Abcsdd Director 12 Jul 2013 Past
Pramod Abcsdd Director 03 Apr 2019 Past

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Financial Performance of Hincon Finance.

Hincon Finance Ltd., for the financial year ended 2022, experienced modest growth in revenue, with a 6.94% increase. The company also saw a substantial fall in profitability, with a 27.47% decrease in profit. The company's net worth moved up by a moderate rise of 1.66%.

Hincon Finance revenue growth over time
Hincon Finance profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
********
 6.94%
*******
*******
*******
*******
Revenue from Operations
*******
 9.08%
*******
*******
*******
*******
Total Assets
*******
 -0.02%
*******
*******
*******
*******
Profit or Loss
*******
 -27.47%
*******
*******
*******
*******
Net Worth
*******
 1.66%
*******
*******
*******
*******
EBITDA
*******
 13.38%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Hincon Finance?

In 2022, Hincon Finance had a promoter holding of 85.00% and a public holding of 15.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹101,650,800,000.00

Satisfied Charges

₹37,666,700,000.00

Charges Breakdown by Lending Institutions
  • Others : 10165.08 Cr
Latest Charge Details
Date Lender Amount Status
08 Dec 2025 Others ₹40.00 Cr Open
08 Dec 2025 Others ₹10.00 Cr Open
10 Feb 2017 Others ₹1,424.60 Cr Open
10 Feb 2017 Others ₹8,690.48 Cr Open
10 Feb 2017 Others ₹149.00 Cr Satisfied

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How Many Employees Work at Hincon Finance?

Unlock and access historical data on people associated with Hincon Finance, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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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

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Latest Updates, News, and FAQs on Hincon Finance
Recent Activity within the Organization
  • Charges

    The activity A charge with Others amounted to Rs. 40.00 Cr with Charge ID 101224965 was registered on 08 Dec 2025. was completed.

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 101224972 was registered on 08 Dec 2025. was recorded as a recent event.

  • Director Appointment

    The activity Rahul Shukla was appointed as a Additional Director was appointed as a Additional Director on 06 Nov 2025 & has been associated with this company since 3 months 26 days . was completed.

  • Annual General Meeting

    Progress on Hincon Finance Ltd. last Annual general meeting of members was held on 11 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Hincon Finance Ltd. has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was documented.

  • Charges

    The activity A charge registered on 10 Feb 2017 via Charge ID 100081404 with Others was fully satisfied on 20 Jan 2023. was completed.

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Frequently Asked Questions
What is the CIN of Hincon Finance Ltd.?

The CIN of Hincon Finance Ltd. is U67120MH1992PLC066854.

Where is Hincon Finance Ltd. headquartered?

Hincon Finance Ltd. is headquartered at Hincon House, Lal Bahadur Shastri Marg, Vikhroli West,, Mumbai, Maharashtra, 400083.

When was Hincon Finance Ltd. incorporated?

Hincon Finance Ltd. was incorporated on 20 May 1992.

Who are the current directors of Hincon Finance Ltd.?

The current directors of Hincon Finance Ltd. are

What is the primary industry of Hincon Finance Ltd.?

The primary industry of Hincon Finance Ltd. is Financial And Insurance Service.

Is Hincon Finance Ltd. a listed company?

Hincon Finance Ltd. is unlisted.

What is the capital structure of Hincon Finance Ltd.?

The authorized capital of Hincon Finance Ltd. is ₹3.00 Cr, and the paid-up capital is ₹8.00 M.

What is the compliance status of Hincon Finance Ltd.?

The compliance status of Hincon Finance Ltd. is Compliant.

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