Jain Minorities Development & Finance Corporation - Company Profile

It is a business services private not for profit company based in Mumbai, Maharashtra, India, established in 2025.

2025 Mumbai, Maharashtra, India Active

Last Updated: January 10, 2026

About Jain Minorities Development & Finance Corporation

Jain Minorities Development & Finance Corporation, a active private not for profit company, was established on 23 July 2025 in Mumbai, Maharashtra, India. it holds CIN: U84300MH2025NPL452919. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹50.00 Cr and a paid-up capital of ₹50.00 Cr.

Formerly known as Jain Minorities Development & Finance Corporation. Its leadership includes Gafar Pirsaheb Magdum (Director), Lalit Sakalchand Gandhi (Director), Arvind Hemraj Shah (Director). Past directors included Ruchesh Jaivanshi. It is based at 2Nd Flr, D D A Building,, Old Customs House, Sbs Rd, Mumbai, Maharashtra, 400001.

Company Details

CIN/LLPIN
U84300MH2025NPL452919
Registration Number
452919
Incorporation Date
23 July 2025
Authorized Capital
₹50.00 Cr
Paid-Up Capital
₹50.00 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 50.00 Cr as on 10-01-2026
Paid Up Capital ₹ 50.00 Cr as on 10-01-2026
Company Age 7 Months 6 Days

Comprehensive Company Insights

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Who are the key members and board of directors at Jain Minorities Development & Finance Corporation?

Current Directors

Name	Designation	Appointment Date	Status
Gafar Pirsaheb Magdum	Director	23 Jul 2025	Current
Lalit Sakalchand Gandhi	Director	23 Jul 2025	Current
Arvind Hemraj Shah	Director	23 Jul 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Individual Subscriber	-	Past

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Financial Performance of Jain Minorities Development & Finance Corporation.

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

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

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(FY 2020)

(FY 2019)

Total Revenue

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EBITDA

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What is the Ownership and Shareholding Structure of Jain Minorities Development & Finance Corporation?

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Shareholding Pattern (FY 2024)

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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How Many Employees Work at Jain Minorities Development & Finance Corporation?

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Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

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Rating

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Alerts

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Latest Updates, News, and FAQs on Jain Minorities Development & Finance Corporation

Recent Activity within the Organization

Director Appointment

Progress on Gafar Pirsaheb Magdum was appointed as a Director was appointed as a Director on 23 Jul 2025 & has been associated with this company since 7 months 6 days . was documented.
23 Jul 2025
Director Appointment

Lalit Sakalchand Gandhi was appointed as a Director was appointed as a Director on 23 Jul 2025 & has been associated with this company since 7 months 6 days . was recorded as a recent event.
23 Jul 2025
Director Appointment

Progress on Arvind Hemraj Shah was appointed as a Director was appointed as a Director on 23 Jul 2025 & has been associated with this company since 7 months 6 days . was documented.
23 Jul 2025
Company Incorporation

Jain Minorities Development & Finance Corporation was registered on 23 Jul 2025 with Roc Mumbai & aged 7 months 6 days as per MCA records. was recorded as a recent event.
23 Jul 2025

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Frequently Asked Questions

What is the CIN of Jain Minorities Development & Finance Corporation?

The CIN of Jain Minorities Development & Finance Corporation is U84300MH2025NPL452919.

Where is Jain Minorities Development & Finance Corporation headquartered?

Jain Minorities Development & Finance Corporation is headquartered at 2Nd Flr, D D A Building,, Old Customs House, Sbs Rd, Mumbai, Maharashtra, 400001.

When was Jain Minorities Development & Finance Corporation incorporated?

Jain Minorities Development & Finance Corporation was incorporated on 23 July 2025.

Who are the current directors of Jain Minorities Development & Finance Corporation?

The current directors of Jain Minorities Development & Finance Corporation are

Is Jain Minorities Development & Finance Corporation a listed company?

Jain Minorities Development & Finance Corporation is unlisted.

What is the capital structure of Jain Minorities Development & Finance Corporation?

The authorized capital of Jain Minorities Development & Finance Corporation is ₹50.00 Cr, and the paid-up capital is ₹50.00 Cr.

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