Mahaveer Finance India Limited, a active public limited company, was established on 05 January 1981 in Chennai, Tamil Nadu, India. Engaging in investment & credit nbfc within the financial and insurance service sector, it holds CIN: U65191TN1981PLC008555. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹25.00 Cr and a paid-up capital of ₹22.13 Cr.
Formerly known as Deccan Investment Holdings Private Limited, Madan Finance Limited. It upholds a compliant status. Its leadership includes Mahaveerchand Dugar (Whole-Time Director), Deepak Dugar (Managing Director), Praveen Dugar (Cfo). Past directors included Peruvemba Seetharamier Balasubramaniam, Chidambar, Mahaveerchand Dugar. It holds ₹1,513.07 Cr open charges and ₹885.53 Cr settled loans. Its latest AGM occurred on 13 August 2025, with the balance sheet filed on 31 March 2025. It is based at Agarwal Court, K.G.Plaza,Shop Nos. T8 & T9, 3Rd Floor, No.41-44, General Patters Roa, D,, Chennai, Tamil Nadu, 600002.
U65191TN1981PLC008555
008555
05 January 1981
₹25.00 Cr
₹22.13 Cr
Roc Chennai
Unlisted
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Mahaveerchand Dugar | Whole-Time Director | 01 Oct 1987 | Current |
| Deepak Dugar | Managing Director | 23 May 1996 | Current |
| Praveen Dugar | Cfo | 13 Feb 2019 | Current |
| Vishal Kumar Gupta | Nominee Director | 09 Aug 2024 | Current |
| Rakesh Kumar Bhutoria | Nominee Director | 10 Aug 2023 | Current |
| Krishan Kant Rathi | Nominee Director | 09 Aug 2024 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Director | 09 Aug 2024 | Past |
| Pramod Abcsdd | Director | 03 May 2024 | Past |
| Pramod Abcsdd | Managing Director | 30 Jun 2023 | Past |
| Pramod Abcsdd | Whole-Time Director | 30 Jun 2023 | Past |
| Pramod Abcsdd | Director | 09 Aug 2024 | Past |
| Pramod Abcsdd | Additional Director | 23 Feb 2025 | Past |
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Mahaveer Finance India Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 29.92% increase. The company also saw a substantial improvement in profitability, with a 13.39% increase in profit. The company's net worth Soared by an impressive increase of 61.34%.
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In 2024, Mahaveer Finance India had a promoter holding of 63.91% and a public holding of 36.10%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹15,130,690,000.00
₹8,855,315,559.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Oct 2025 | Others | ₹25.00 Cr | Open |
| 30 Oct 2025 | Others | ₹50.00 Cr | Open |
| 15 Oct 2025 | Indian Overseas Bank | ₹4.50 M | Open |
| 15 Oct 2025 | Indian Overseas Bank | ₹18.00 Cr | Open |
| 15 Oct 2025 | Sbicap Trustee Company Limited | ₹45.00 Cr | Open |
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A charge with Others amounted to Rs. 25.00 Cr with Charge ID 101182539 was registered on 31 Oct 2025. was recorded as a recent event.
The activity A charge with Others amounted to Rs. 50.00 Cr with Charge ID 101177564 was registered on 30 Oct 2025. was completed.
The activity A charge registered on 26 Nov 2022 via Charge ID 100644965 with Others was fully satisfied on 30 Oct 2025. was completed.
Progress on A charge with Indian Overseas Bank amounted to Rs. 0.45 Cr with Charge ID 101180587 was registered on 15 Oct 2025. was documented.
The activity A charge with Indian Overseas Bank amounted to Rs. 18.00 Cr with Charge ID 101180369 was registered on 15 Oct 2025. was completed.
Progress on A charge with Sbicap Trustee Company Limited amounted to Rs. 45.00 Cr with Charge ID 101178616 was registered on 15 Oct 2025. was documented.
The CIN of Mahaveer Finance India Limited is U65191TN1981PLC008555.
Mahaveer Finance India Limited is headquartered at Agarwal Court, K.G.Plaza,Shop Nos. T8 & T9, 3Rd Floor, No.41-44, General Patters Roa, D,, Chennai, Tamil Nadu, 600002.
Mahaveer Finance India Limited was incorporated on 05 January 1981.
The current directors of Mahaveer Finance India Limited are
The primary industry of Mahaveer Finance India Limited is Financial And Insurance Service.
Mahaveer Finance India Limited is unlisted.
The authorized capital of Mahaveer Finance India Limited is ₹25.00 Cr, and the paid-up capital is ₹22.13 Cr.
The compliance status of Mahaveer Finance India Limited is Compliant.
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