About
Basic Data Updated:
18 days agoMahindra Rural Housing Finance Limited, a housing finance company, was established in 2007 and is a subsidiary of Mahindra & Mahindra Financial Services Ltd (MMFSL). Its registered office is situated in the bustling city of Mumbai, Maharashtra. The company's main focus is on providing financial assistance to individuals residing in rural and semi-urban areas. These individuals are primarily involved in agriculture and allied activities, making them an integral part of the country's economy. MRHFL has a widespread presence with a network of 650 branches spread across 13 states. This allows the company to reach out to a large number of people and provide them with the necessary financial support to fulfill their housing needs. The company's aim is to empower individuals living in rural areas by providing them with affordable and accessible housing finance options. The company's commitment to its customers is reflected in its efficient and transparent processes. MRHFL strives to make the loan application and approval process as smooth and hassle-free as possible. This has earned the company a reputation for being a reliable and trustworthy financial partner.
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
- Apps12224421
CIN/LLPIN/FCRN | U65922MH2007PLC169791 |
Company No. | 169791 |
Company Classification | Public Limited Indian Non-Government Company |
Incorporation Date | 09 Apr 2007 |
Date of AGM | 19 Jul 2023 |
Date of Balance Sheet | 31 Mar 2023 |
Listing Status | Unlisted |
ROC Code | Roc Mumbai |
Financials of Mahindra Rural Housing Finance Limited
Mahindra Rural Housing Finance Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 2.01% decrease. The company also saw a substantial fall in profitability, with a 54.44% decrease in profit. The company's net worth moved up by a moderate rise of 1.86%.
Corporate Structure
Unlock access to Mahindra Rural Housing Finance's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Mahindra Rural Housing Finance Limited
Unlock and access historical data on people associated with Mahindra Rural Housing Finance, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (3)
DP
Dinesh Prajapati CFOAppointment Date: 13-Mar-2024
Status: Current
SR
Shantanu Rege CEOAppointment Date: 01-Oct-2022
Status: Current
NJ
Navin Joshi Company SecretaryAppointment Date: 14-Jul-2016
Status: Current
Board Members(5)
Charges (Loans)
Lender | Amount | Status |
---|---|---|
Others Creation Date: 28 Feb 2024 | ₹250.00 Cr | Open |
Others Creation Date: 23 Jan 2024 | ₹200.00 Cr | Open |
Hdfc Bank Limited Creation Date: 19 Dec 2023 | ₹150.00 Cr | Open |
Deals i
Gain comprehensive insights into the Deals and Valuation data of Mahindra Rural Housing Finance, 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 Mahindra Rural Housing Finance's trajectory.
Rating
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Alert
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Recent activity within the organization
Director Appointment
Dinesh Dayaram Prajapati was appointed as a Cfo was appointed as a Cfo on 13 Mar 2024 & has been associated with this company since 2 months 3 days .
13 Mar 2024Charges
A charge with Others amounted to Rs. 250.00 cr with Charge ID 100880017 was registered on 28 Feb 2024.
28 Feb 2024Charges
A charge registered on 29 Oct 2018 via Charge ID 100212897 with Standard Chartered Bank was fully satisfied on 01 Feb 2024.
01 Feb 2024Charges
A charge with Others amounted to Rs. 200.00 cr with Charge ID 100854229 was registered on 23 Jan 2024.
23 Jan 2024Director Appointment
Smita Piyush Mankad was appointed as a Director was appointed as a Director on 17 Jan 2024 & has been associated with this company since 3 months 28 days .
17 Jan 2024
Recent News, Updates & Announcement
- Mahindra XUV400 Pro launched in India prices start from Rs 1549 lakh.
Overdrive 11 Jan 2024
- Mahindra Mahindra Approves Rs 630 Cr Investment in Electric Vehicle Subsidiary.
Bnnbreaking 11 Jan 2024
Frequently asked questions
What is the Incorporation or founding date of Mahindra Rural Housing Finance Limited?