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Mag Finserv Company Limited - Company Profile

It is a financial services public limited company based in Phaltan, Maharashtra, India, established in 1995.

1995 | Phaltan, Maharashtra, India | Active
Last Updated:

About Mag Finserv Company Limited

Mag Finserv Company Limited, a active public limited company, was established on 06 April 1995 in Phaltan, Maharashtra, India. Engaging in investment & credit nbfc within the financial and insurance service sector, it holds CIN: U65910MH1995PLC087270. Registered under ROC Roc Pune. it is unlisted. It has an authorized capital of ₹37.00 Cr and a paid-up capital of ₹21.55 Cr.

Formerly known as Bhonsale Leasing And Finance Company Limited, Bhonsale Leasing And Finance Company Private Limited. It upholds a compliant status. Employing 323 professional, Its leadership includes Sunita Ananta Mohotkar (Director), Ameya Dilip Tambekar (Director), Harikumar Ranganathan (Director). Past directors included Vidhya Keshav Bendre, Ameya Dilip Tambekar, Ganpat Ramchandra Mohatkar. It holds ₹156.68 Cr open charges and ₹98.64 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Dr. Babasaheb Ambedkar Chowk, Opp. Phaltan Nagarpalika, Raviwar Peth,, Phaltan, Maharashtra, 415523.

Company Details

  • CIN/LLPIN

    U65910MH1995PLC087270

  • Registration Number

    087270

  • Incorporation Date

    06 April 1995

  • Authorized Capital

    ₹37.00 Cr

  • Paid-Up Capital

    ₹21.55 Cr

  • ROC Code

    Roc Pune

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 37.00 Cr
  • Paid Up Capital ₹ 21.55 Cr
  • Company Age 30 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 156.68 Cr
  • Satisfied Charges ₹ 98.64 Cr
  • Revenue Growth 53.88%
  • Profit Growth 50.38%
  • Ebitda 54.52%
  • Net Worth 28.48%
  • Total Assets 31.70%
Company report

Mag Finserv Company Limited

Company Report FY 2025-2026

Explore comprehensive insights into Mag Finserv Company Limited — 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 Mag Finserv Company Limited?

Current Directors

NameDesignationAppointment DateStatus
Sunita Ananta MohotkarDirector14 Sep 2005Current
Ameya Dilip TambekarDirector26 Jul 2021Current
Harikumar RanganathanDirector19 Dec 2022Current
Ananta Ganpatrao MohotkarManaging Director27 Jul 2006Current
Ameya Ananta MohotkarDirector30 Sep 2024Current
Sunil Prabhakar UndeAdditional Director07 Mar 2025Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector18 Jan 2016Past
Pramod AbcsddAdditional Director30 Nov 2021Past
Pramod AbcsddDirector13 Aug 2024Past
Pramod AbcsddCompany Secretary-Past
Pramod AbcsddAdditional Director29 Sep 2023Past
Pramod AbcsddAdditional Director29 Sep 2012Past

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Financial Performance of Mag Finserv Company.

Mag Finserv Company Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 53.88% increase. The company also saw a substantial improvement in profitability, with a 50.38% increase in profit. The company's net worth Soared by an impressive increase of 28.48%.

Mag Finserv Company revenue growth over time
Mag Finserv Company profit and loss trends over time
  • 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
53.88%
Revenue from Operations
54.98%
Total Assets
31.70%
Profit or Loss
50.38%
Net Worth
28.48%
EBITDA
54.52%

What is the Ownership and Shareholding Structure of Mag Finserv Company?

In 2024, Mag Finserv Company had a promoter holding of 45.20% and a public holding of 54.80%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹1,566,800,000.00

Satisfied Charges

₹986,436,000.00

Charges Breakdown by Lending Institutions

  • Others : 125.23 Cr
  • The South Indian Bank Limited : 11.06 Cr
  • Bank Of Maharashtra : 10.40 Cr
  • Indian Overseas Bank : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
23 Jul 2025Others₹7.00 CrOpen
14 Mar 2025Others₹13.00 CrOpen
06 Feb 2025Others₹3.00 CrOpen
30 Dec 2024Others₹1.00 CrOpen
23 Dec 2024Others₹3.00 CrOpen

Explore comprehensive loan charge details -

How Many Employees Work at Mag Finserv Company?

Mag Finserv Company has a workforce of 323 employees as of Mar 30, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Mag Finserv Company Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mag Finserv Company, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Mag Finserv Company's trajectory.

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

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Mag Finserv Company

Recent Activity within the Organization

  • Director Appointment

    Progress on Shalaka Ananta Mohotkar was appointed as a Director was appointed as a Director on 30 Sep 2025 & has been associated with this company since 2 months 24 days . was documented.

  • Charges

    A charge with Others amounted to Rs. 7.00 Cr with Charge ID 101134447 was registered on 23 Jul 2025. was recorded as a recent event.

  • Charges

    A charge registered on 02 May 2024 via Charge ID 100934492 with Others was fully satisfied on 17 Jul 2025. was recorded as a recent event.

  • Charges

    A charge registered on 03 Dec 2022 via Charge ID 100658278 with The South Indian Bank Limited was fully satisfied on 05 Jul 2025. was recorded as a recent event.

  • Charges

    A charge registered on 30 Nov 2023 via Charge ID 100831785 with Others was fully satisfied on 20 Jun 2025. was recorded as a recent event.

  • Charges

    A charge registered on 28 Mar 2022 via Charge ID 100563268 with Others was fully satisfied on 14 May 2025. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Mag Finserv Company Limited?

    The CIN of Mag Finserv Company Limited is U65910MH1995PLC087270.

  • Where is Mag Finserv Company Limited headquartered?

    Mag Finserv Company Limited is headquartered at Dr. Babasaheb Ambedkar Chowk, Opp. Phaltan Nagarpalika, Raviwar Peth,, Phaltan, Maharashtra, 415523.

  • When was Mag Finserv Company Limited incorporated?

    Mag Finserv Company Limited was incorporated on 06 April 1995.

  • Who are the current directors of Mag Finserv Company Limited?

    The current directors of Mag Finserv Company Limited are

  • What is the primary industry of Mag Finserv Company Limited?

    The primary industry of Mag Finserv Company Limited is Financial And Insurance Service.

  • Is Mag Finserv Company Limited a listed company?

    Mag Finserv Company Limited is unlisted.

  • What is the capital structure of Mag Finserv Company Limited?

    The authorized capital of Mag Finserv Company Limited is ₹37.00 Cr, and the paid-up capital is ₹21.55 Cr.

  • What is the compliance status of Mag Finserv Company Limited?

    The compliance status of Mag Finserv Company Limited is Compliant.

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