Mas Financial Services Limited - Company Profile

It is a financial services public limited company based in Ahmedabad, Gujarat, India, established in 1995.
1995 Ahmedabad, Gujarat, India Active
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About Mas Financial Services Limited

Mas Financial Services Limited, a active public limited company, was established on 25 May 1995 in Ahmedabad, Gujarat, India. Engaging in investment & credit nbfc within the financial and insurance service sector, it holds CIN: L65910GJ1995PLC026064. Registered under ROC Roc Ahmedabad. it is listed on BSE: 540749 and NSE: MASFIN. It has an authorized capital of ₹200.00 Cr and a paid-up capital of ₹181.45 Cr.

It upholds a compliant status. In 2024, it reported revenue of ₹1,224.57 Cr and a net worth of ₹1,768.98 Cr. Employing 1,683 professional, Its leadership includes Vishal Vasu (Director), Kamlesh Chimanlal Gandhi (Managing Director), Narayanan Sadanandan (Director). Past directors included Vishal Vasu, Daksha Niranjan Shah, Jagdish Padmakant Joshipura. It holds ₹14,147.30 Cr open charges and ₹6,745.05 Cr settled loans. Its latest AGM occurred on 03 September 2025, with the balance sheet filed on 31 March 2025. It is based at 6 Narayan Chambers Gr Flr B/H Patang Hotel, Ashram Road, Ahmedabad, Gujarat, 380009.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    L65910GJ1995PLC026064

  • Registration Number

    026064

  • Incorporation Date

    25 May 1995

  • Authorized Capital

    ₹200.00 Cr

  • Paid-Up Capital

    ₹181.45 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Listed (BSE: 540749, NSE: MASFIN)

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 200.00 Cr
  • Paid Up Capital ₹ 181.45 Cr
  • Company Age 30 Year, 8 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 14,147.30 Cr
  • Satisfied Charges ₹ 6,745.05 Cr
  • Revenue Growth **** 29.03%
  • Profit Growth **** 23.29%
  • Ebitda **** 27.97%
  • Net Worth 17.48%
  • Total Assets **** 18.66%
Company report

Mas Financial Services Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Mas Financial Services 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 Mas Financial Services Limited?
Current Directors
Name Designation Appointment Date Status
Vishal Vasu Director 24 Apr 2024 Current
Kamlesh Chimanlal Gandhi Managing Director 25 Mar 2010 Current
Narayanan Sadanandan Director 21 Jun 2023 Current
Darshana Saumil Pandya Whole-Time Director 23 Sep 2016 Current
Dhvanil Kamlesh Gandhi Whole-Time Director 14 Aug 2024 Current
Umesh Rajanikant Shah Director 21 Dec 2016 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 18 Jul 2024 Past
Pramod Abcsdd Additional Director 26 Jun 2019 Past
Pramod Abcsdd Director 12 Nov 2016 Past
Pramod Abcsdd Nominee Director 27 Feb 2017 Past
Pramod Abcsdd Nominee Director 23 Dec 2015 Past
Pramod Abcsdd Director 23 Dec 2010 Past

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Financial Performance of Mas Financial Services.

Mas Financial Services Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 29.03% increase. The company also saw a substantial improvement in profitability, with a 23.29% increase in profit. The company's net worth Soared by an impressive increase of 17.48%.

Mas Financial Services revenue growth over time
Mas Financial Services 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
********
 29.03%
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Revenue from Operations
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 28.65%
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*******
Total Assets
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 18.66%
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*******
Profit or Loss
*******
 23.29%
*******
*******
*******
*******
Net Worth
*******
 17.48%
*******
*******
*******
*******
EBITDA
*******
 27.97%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Mas Financial Services?

In 2024, Mas Financial Services had a promoter holding of 73.72% and a public holding of 26.27%. The company had 2 Subsidiaries. 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

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Charges (Loans)
Open Charges

₹141,472,974,907.00

Satisfied Charges

₹67,450,484,274.00

Charges Breakdown by Lending Institutions
  • Others : 9302.80 Cr
  • State Bank Of India : 1300.00 Cr
  • Indian Bank : 900.00 Cr
  • Uco Bank : 700.00 Cr
  • Sidbi : 600.00 Cr
  • Others : 1344.50 Cr
Latest Charge Details
Date Lender Amount Status
09 Dec 2025 Others ₹300.00 Cr Open
29 Sep 2025 Others ₹300.00 Cr Open
24 Sep 2025 Others ₹50.00 Cr Open
23 Sep 2025 Others ₹1.34 Cr Open
22 Sep 2025 Others ₹50.00 Cr Open

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How Many Employees Work at Mas Financial Services?

Mas Financial Services has a workforce of 1683 employees as of Nov 24, 2025. 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 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 Mas Financial Services, 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 Mas Financial Services'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.

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Latest Updates, News, and FAQs on Mas Financial Services
Recent Activity within the Organization
  • Charges

    A charge with Others amounted to Rs. 300.00 Cr with Charge ID 101198674 was registered on 09 Dec 2025. was recorded as a recent event.

  • Charges

    A charge registered on 25 Aug 2022 via Charge ID 100611138 with Hdfc Bank Limited was fully satisfied on 09 Dec 2025. was recorded as a recent event.

  • Charges

    A charge registered on 08 Sep 2023 via Charge ID 100785328 with Canara Bank was fully satisfied on 18 Nov 2025. was recorded as a recent event.

  • Charges

    A charge registered on 30 Aug 2022 via Charge ID 100610251 with Others was fully satisfied on 07 Nov 2025. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 16 Mar 2021 via Charge ID 100425369 with Indian Bank was fully satisfied on 29 Oct 2025. was documented.

  • Charges

    Progress on A charge registered on 29 Sep 2022 via Charge ID 100612406 with Others was fully satisfied on 18 Oct 2025. was documented.

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Recent News, Updates & Announcement

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Frequently Asked Questions
What is the CIN of Mas Financial Services Limited?

The CIN of Mas Financial Services Limited is L65910GJ1995PLC026064.

Where is Mas Financial Services Limited headquartered?

Mas Financial Services Limited is headquartered at 6 Narayan Chambers Gr Flr B/H Patang Hotel, Ashram Road, Ahmedabad, Gujarat, 380009.

When was Mas Financial Services Limited incorporated?

Mas Financial Services Limited was incorporated on 25 May 1995.

Who are the current directors of Mas Financial Services Limited?

The current directors of Mas Financial Services Limited are

What is the primary industry of Mas Financial Services Limited?

The primary industry of Mas Financial Services Limited is Financial And Insurance Service.

Is Mas Financial Services Limited a listed company?

Mas Financial Services Limited is listed. It is listed on BSE: 540749 and NSE: MASFIN.

What is the capital structure of Mas Financial Services Limited?

The authorized capital of Mas Financial Services Limited is ₹200.00 Cr, and the paid-up capital is ₹181.45 Cr.

What is the compliance status of Mas Financial Services Limited?

The compliance status of Mas Financial Services Limited is Compliant.

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