M V Finlease Limited
About M V Finlease Limited
Data last updated:
M V Finlease Limited was a public limited company based in Chandigarh, India, operated as a subsidiary of Futuristic Solutions Limited. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the financial and credit leasing segment of the financial services sector. It was incorporated on 02 February 1996.
The company was registered with the Registrar of Companies (ROC), Chandigarh, under CIN U65921CH1996PLC017680.
The company had an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.75 Cr. It was led by directors including Sat Verma Pal and Krishan Kumar Verma.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at SCO 2A Madhya Margsector 7 Chandigarh, Chandigarh, India.
As per the financials filed for FY 2016, the company reported a revenue of ₹10,000. For the same year it recorded a net loss of ₹12,205 (net margin -122%) and EBITDA of -₹12,205 (EBITDA margin -122%).
Company details
CIN history
M V Finlease has one previous CIN (Corporate Identification Number): L65921CH1996PLC017680. The current CIN is U65921CH1996PLC017680, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65921CH1996PLC017680 | Current |
| L65921CH1996PLC017680 | Previous |
Contact details
M V Finlease Limited's registered office is in Chandigarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSCO 2A Madhya Margsector 7 Chandigarh, Chandigarh, India
- IndustryFinancial Services, Financial & Credit Leasing
To see the full contact details of M V Finlease 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
Business activity
The main business activity of M V Finlease is financial and insurance service. In detail, this covers financial and credit leasing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K5 | Financial and Credit leasing activities |
To see the full business activity and turnover split of M V Finlease Limited, buy the company report.
Financials of M V Finlease Limited
FY 2016 filings availableM V Finlease Limited reported revenue of ₹10,000 for FY 2016.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹10,000 | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹12,205 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹12,205 | |
| 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -122% | |
| Net Profit Margin | -122% | |
| 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 M V Finlease Limited, buy the company report.
Board of directors of M V Finlease Limited
M V Finlease has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sat Verma Pal | Director | 02 Feb 1996 | 30 Years 9 Months | As last reported |
| Krishan Kumar Verma | Director | 02 Feb 1996 | 30 Years 9 Months | As last reported |
| Mohit Verma Also directs: T L Verma and Co Pvt Ltd, Khattar Enterprises Pvt Ltd | Director | 06 Aug 2015 | 11 Years 3 Months | As last reported |
Peer comparison
M V Finlease Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (financial and credit leasing activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| M V Finlease Limitedthis company | ₹10,000 (FY 2016) | -₹12,205 | -122% | Chandigarh, India | ||
| Trisul Dealtreade Private Limited | ₹6,000 (FY 2025) | -30.0% | Kolkata, West Bengal, India | |||
| Delpro Health & Care Advisors Private Limited | ₹5,820 (FY 2017) | -21.0% | Kolkata, West Bengal, India | |||
| Agrogati Microservices Foundation | ₹5,625 (FY 2021) | Silchar, Assam, India | ||||
| Uttarbanga Gramin Nidhi Limited | ₹5,450 (FY 2021) | Rrn Road Bye Lane, West Bengal, India | ||||
| Peris Avanthy Investments Private Limited | ₹5,400 (FY 2024) | 2600.0% | Bangalore, Karnataka, India | |||
| Puspa Vintrade Private Limited | ₹5,000 (FY 2025) | -41.0% | Kolkata, West Bengal, India | |||
| Finbrink Nidhi Limited | ₹4,800 (FY 2021) | Nagpur, Maharashtra, India | ||||
| Rebecca Business Services Private Limited | ₹4,725 (FY 2024) | -100.0% | Bangalore, Karnataka, India | |||
| Paisavishv Urban Multicity Nidhi Limited | ₹4,240 (FY 2022) | Wardha, Maharashtra, India | ||||
| Onesc Capital Private Limited | ₹4,200 (FY 2023) | Hassan, Karnataka, India |
To see the full peer comparison of M V Finlease Limited, buy the company report.
Auditor
M V Finlease Limited is audited by SBD & CO. for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SBD & CO. | FY 2016 | 024005N |
Shareholding
The shareholding of M V Finlease Limited is on record for FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of M V Finlease Limited, buy the company report.
Legal cases
No court or tribunal cases involving M V Finlease 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 M V Finlease 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 M V Finlease Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
M V Finlease Limited has 5 board changes on record since 1996: 3 appointments and 2 cessations. The latest: Mohit Verma ceased to be Additional Director on 30 Sep 2015.
Frequently asked questions
M V Finlease has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
M V Finlease was a public limited company based in Chandigarh, India. The company worked in financial and credit leasing, within the financial services industry. It was incorporated on 02 February 1996 and is registered under CIN U65921CH1996PLC017680. The company has been struck off by the Registrar of Companies and is no longer operational.
M V Finlease had 3 directors:
- Sat Verma Pal - Director
- Krishan Kumar Verma - Director
- Mohit Verma - Director
The CIN (Corporate Identification Number) of M V Finlease is U65921CH1996PLC017680. 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 M V Finlease is at SCO 2A Madhya Margsector 7 Chandigarh, Chandigarh, India.
M V Finlease was incorporated on 02 February 1996. It is registered with the Registrar of Companies, Chandigarh.
The latest financial statements of M V Finlease on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
M V Finlease operated in the financial services industry, in the financial and credit leasing segment. It worked in this industry before it was struck off.
The peers of M V Finlease by revenue are Trisul Dealtreade Private Limited, Delpro Health & Care Advisors Private Limited, Agrogati Microservices Foundation, Uttarbanga Gramin Nidhi Limited, Peris Avanthy Investments Private Limited and 5 more, all in the same principal business activity (financial and credit leasing activities).
Mohit Verma ceased to be Additional Director on 30 Sep 2015. Tarsem Lal Verma ceased to be Director on 19 Aug 2015. Mohit Verma was appointed as Director on 06 Aug 2015. M V Finlease has 5 board changes on record in total.
The compliance status of M V Finlease is active non-compliant as of 27 August 2026.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
