Mane Finance Pvt Ltd
About Mane Finance Pvt Ltd
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Mane Finance Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 27 November 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65994MH1991PTC064193. Its GSTIN is 27AAACM2849L1Z6 (Maharashtra).
The company has an authorised share capital of ₹17 Cr and a paid-up capital of ₹16.63 Cr. It is led by directors Kamlesh Manohar Kanungo and Prerak Babulal Lalwani.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 2nd Floor Apsara Cinema Building Dr Db Marg Grant Road, Mumbai, Maharashtra, India – 400007.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.24 Cr, a decline of 94% compared to the previous year. For the same year it recorded a net loss of ₹89.28 Lakh (net margin -39.8%) and EBITDA of ₹1.33 Cr (EBITDA margin 59.1%). Revenue has grown at a compounded annual rate (CAGR) of 44% over three years and 2% over five years.
As per MCA filings, the company has open charges of ₹450 Cr and satisfied charges of ₹462.5 Cr on record. Court records list 17 cases involving the company, including 14 filed by the company and 3 filed against it; 7 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Mane Finance Pvt Ltd's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address2nd Floor Apsara Cinema Building Dr Db Marg Grant Road, Mumbai, Maharashtra, India – 400007
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Mane Finance Pvt Ltd, 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
Financials of Mane Finance Pvt Ltd
FY 2024 filings availableMane Finance Pvt Ltd reported revenue of ₹2.24 Cr (down 94% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 94% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 95% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.33 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹89.28 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 59.1% | ||||
| Net Profit Margin | -39.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Mane Finance Pvt Ltd, buy the company report.
Board of directors of Mane Finance Pvt Ltd
Mane Finance has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamlesh Manohar Kanungo | Director | 28 Jun 2011 | 15 Years 3 Months | Current |
| Prerak Babulal Lalwani Also directs: Prescon Shelters LLP, Gorlas Infrastructure Private Limited | Additional Director | 08 Oct 2018 | 8 Years 0 Months | Current |
Peer comparison
Mane Finance Pvt Ltd is compared with the 4 companies closest to it by revenue in the BFSI industry (Finance, Other Financial Services), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kumkutch Finance Private Limited | ₹2.25 Cr (FY 2025) | 44.0% | Bangalore, Karnataka, India | |||
| Vibhavi Finlease Limited | ₹2.25 Cr (FY 2025) | 667.0% | Ballabgarh, Haryana, India | |||
| Gill and Virk Finance Company Limited | ₹2.24 Cr (FY 2024) | 58.0% | Chandigarh, India | |||
| Mane Finance Pvt Ltdthis company | ₹2.24 Cr (FY 2024) | -₹89.28 Lakh | -39.8% | -94.0% | Mumbai, Maharashtra, India | |
| Superior Finlease Limited | ₹2.24 Cr (FY 2023) | 60.0% | New Delhi, Delhi, India |
To see the full peer comparison of Mane Finance Pvt Ltd, buy the company report.
Auditor
Mane Finance Pvt Ltd is audited by VIVEK A. JAIN & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIVEK A. JAIN & CO | FY 2022 | 156939 |
Shareholding
The shareholding of Mane Finance Pvt Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mane Finance Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Apr 2015 | 10593534 | Idbi Trusteeship Services Limited | ₹450 Cr | Satisfied | |
| 22 Mar 2012 | 10346254 | Capital First Limited | ₹12.5 Cr | Satisfied |
To see the full charge records of Mane Finance Pvt Ltd, buy the company report.
Total charge records: 2 View all charges
Legal cases
Mane Finance Pvt Ltd has 17 court cases on record: 14 filed by Mane Finance, 3 filed against it. 7 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 3 | 2 |
| District courts | 6 | 0 | 4 |
| Supreme Court | 1 | 0 | 1 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed by the company against Reserve Bank of India | Pending |
| Bombay High Court | Commercial suit | Filed against the company by Ms Empresa LLP | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Reserve Bank of India and Anr | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed by the company against M/S Sri Waterfront Health Farms Pvt Ltd. | Disposed |
| Bombay High Court | Appeal | Filed against the company by Sri Waterfront Health Farms Pvt. Ltd. | Disposed |
To see the full case history of Mane Finance Pvt Ltd, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mane Finance Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mane Finance has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM2849L1Z6 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mane Finance Pvt Ltd, buy the company report.
Recent activity
Mane Finance Pvt Ltd has 6 board changes on record since 2011: 2 appointments and 4 cessations. The latest: Prerak Babulal Lalwani was appointed as Additional Director on 08 Oct 2018.
3 earlier events are in the company report.
Frequently asked questions
Mane Finance is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 27 November 1991 (35+ years old) and is registered under CIN U65994MH1991PTC064193.
Mane Finance has 2 current directors:
- Kamlesh Manohar Kanungo - Director
- Prerak Babulal Lalwani - Additional Director
The latest financial statements of Mane Finance on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Mane Finance is 27AAACM2849L1Z6, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mane Finance is U65994MH1991PTC064193. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mane Finance has 17 court cases on record: 14 filed by the company and 3 filed against it. 7 are pending. Most are in the high courts.
Mane Finance was incorporated on 27 November 1991, making it 35+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mane Finance by revenue are Kumkutch Finance Private Limited, Vibhavi Finlease Limited, Gill and Virk Finance Company Limited, Superior Finlease Limited, all in the BFSI industry (Finance, Other Financial Services), with the same principal business activity (other financial activities).
Prerak Babulal Lalwani was appointed as Additional Director on 08 Oct 2018. Jitendra Champalal Kanungo ceased to be Additional Director on 30 Sep 2012. Kamlesh Manohar Kanungo ceased to be Additional Director on 30 Sep 2012. Mane Finance has 6 board changes on record in total.
The registered office of Mane Finance is at 2nd Floor Apsara Cinema Building Dr Db Marg Grant Road, Mumbai, Maharashtra, India – 400007.
Mane Finance operates in the financial services industry, in the diversified financial services segment.