Mahaveer Finance India Limited - Company Profile

It is a financial services public limited company based in Chennai, Tamil Nadu, India, established in 1981.
1981 Chennai, Tamil Nadu, India Active
Last Updated:
Access Report
About Mahaveer Finance India Limited

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 Mridul Arora (Additional Director), Mahaveerchand Dugar (Whole-Time Director), Deepak Dugar (Managing Director). Past directors included Peruvemba Seetharamier Balasubramaniam, Chidambar, Mahaveerchand Dugar. It holds ₹1,541.07 Cr open charges and ₹957.53 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.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U65191TN1981PLC008555

  • Registration Number

    008555

  • Incorporation Date

    05 January 1981

  • Authorized Capital

    ₹25.00 Cr

  • Paid-Up Capital

    ₹22.13 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 22.13 Cr
  • Company Age 45 Year, 1 Month
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 1,541.07 Cr
  • Satisfied Charges ₹ 957.53 Cr
  • Revenue Growth **** 29.92%
  • Profit Growth **** 13.39%
  • Ebitda **** 25.05%
  • Net Worth 61.34%
  • Total Assets **** 37.04%
Company report

Mahaveer Finance India Limited

Company Report FY 2025-2026

Comprehensive Company Insights

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

Access Report
Who are the key members and board of directors at Mahaveer Finance India Limited?
Current Directors
Name Designation Appointment Date Status
Mridul Arora Additional Director 28 Aug 2025 Current
Mahaveerchand Dugar Whole-Time Director 01 Oct 1987 Current
Deepak Dugar Managing Director 23 May 1996 Current
Praveen Dugar Whole-Time Director 29 Jan 2005 Current
Vishal Kumar Gupta Nominee Director 09 Aug 2024 Current
Rakesh Kumar Bhutoria Nominee Director 10 Aug 2023 Current
Past Directors
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

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Mahaveer Finance India.

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%.

Mahaveer Finance India revenue growth over time
Mahaveer Finance India 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
********
 29.92%
*******
*******
*******
*******
Revenue from Operations
*******
 24.89%
*******
*******
*******
*******
Total Assets
*******
 37.04%
*******
*******
*******
*******
Profit or Loss
*******
 13.39%
*******
*******
*******
*******
Net Worth
*******
 61.34%
*******
*******
*******
*******
EBITDA
*******
 25.05%
*******
*******
*******
*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Mahaveer Finance India?

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.

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

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)
Open Charges

₹15,410,690,000.00

Satisfied Charges

₹9,575,315,559.00

Charges Breakdown by Lending Institutions
  • Others : 1205.45 Cr
  • Indian Overseas Bank : 173.45 Cr
  • Sbicap Trustee Company Limited : 62.50 Cr
  • Sidbi : 45.00 Cr
  • Yes Bank Limited : 30.00 Cr
  • Others : 24.67 Cr
Latest Charge Details
Date Lender Amount Status
05 Nov 2025 Indian Overseas Bank ₹90.00 Cr Open
05 Nov 2025 Indian Overseas Bank ₹10.00 Cr Open
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

Explore comprehensive loan charge details -

How Many Employees Work at Mahaveer Finance India?

Unlock and access historical data on people associated with Mahaveer Finance India, 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

Gain comprehensive insights into the Deals and Valuation data of Mahaveer Finance India, 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 Mahaveer Finance India'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.

Explore deal ratings and alerts - Get instant access now!

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

    Progress on A charge registered on 12 Sep 2022 via Charge ID 100609418 with Others was fully satisfied on 28 Nov 2025. was documented.

  • Charges

    Progress on A charge registered on 30 Sep 2022 via Charge ID 100614828 with Others was fully satisfied on 21 Nov 2025. was documented.

  • Charges

    A charge registered on 30 Sep 2022 via Charge ID 100614804 with Others was fully satisfied on 21 Nov 2025. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 30 Sep 2022 via Charge ID 100614801 with Others was fully satisfied on 21 Nov 2025. was documented.

  • Charges

    A charge registered on 28 Oct 2022 via Charge ID 100626543 with Others was fully satisfied on 19 Nov 2025. was recorded as a recent event.

  • Charges

    The activity A charge registered on 30 Mar 2022 via Charge ID 100571261 with Indian Overseas Bank was fully satisfied on 18 Nov 2025. was completed.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Mahaveer Finance India Limited?

The CIN of Mahaveer Finance India Limited is U65191TN1981PLC008555.

Where is Mahaveer Finance India Limited headquartered?

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.

When was Mahaveer Finance India Limited incorporated?

Mahaveer Finance India Limited was incorporated on 05 January 1981.

Who are the current directors of Mahaveer Finance India Limited?

The current directors of Mahaveer Finance India Limited are

What is the primary industry of Mahaveer Finance India Limited?

The primary industry of Mahaveer Finance India Limited is Financial And Insurance Service.

Is Mahaveer Finance India Limited a listed company?

Mahaveer Finance India Limited is unlisted.

What is the capital structure of Mahaveer Finance India Limited?

The authorized capital of Mahaveer Finance India Limited is ₹25.00 Cr, and the paid-up capital is ₹22.13 Cr.

What is the compliance status of Mahaveer Finance India Limited?

The compliance status of Mahaveer Finance India Limited is Compliant.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available