Mas Rural Housing & Mortgage Finance Limited - Company Profile

It is a financial services public limited company based in Ahmedabad, Gujarat, India, established in 2007.

2007 Ahmedabad, Gujarat, India Active

Last Updated: December 23, 2025

About Mas Rural Housing & Mortgage Finance Limited

Mas Rural Housing & Mortgage Finance Limited, a active public limited company, was established on 24 July 2007 in Ahmedabad, Gujarat, India. Engaging in housing finance companies within the financial and insurance service sector, it holds CIN: U74900GJ2007PLC051383. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹45.00 Cr and a paid-up capital of ₹38.11 Cr.

It upholds a compliant status. Employing 218 professional, Its leadership includes Daksha Niranjan Shah (Director), Kamlesh Chimanlal Gandhi (Managing Director), Subir Nag (Director). Past directors included Daksha Niranjan Shah, Jagdish Padmakant Joshipura, Ankit Jain. It holds ₹1,085.48 Cr open charges and ₹491.84 Cr settled loans. Its latest AGM occurred on 20 August 2025, with the balance sheet filed on 31 March 2025. It is based at 4Th Floor, Narayan Chambers B/H Patang Hotel, Ashram Road, Ahmedabad, Gujarat, 380009.

Company Details

CIN/LLPIN
U74900GJ2007PLC051383
Registration Number
051383
Incorporation Date
24 July 2007
Authorized Capital
₹45.00 Cr
Paid-Up Capital
₹38.11 Cr
ROC Code
Roc Ahmedabad
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 45.00 Cr as on 23-12-2025
Paid Up Capital ₹ 38.11 Cr as on 23-12-2025
Company Age 18 Year, 6 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 1,085.48 Cr as on 23-12-2025
Satisfied Charges ₹ 491.84 Cr as on 23-12-2025
Revenue Growth **** 22.12% (FY 2023)
Profit Growth **** 38.99% (FY 2023)
Ebitda **** 17.54% (FY 2023)
Net Worth 38.60% (FY 2023)
Total Assets **** 32.23% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Mas Rural Housing & Mortgage Finance 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 Mas Rural Housing & Mortgage Finance Limited?

Current Directors

Name	Designation	Appointment Date	Status
Daksha Niranjan Shah	Director	17 Jan 2024	Current
Kamlesh Chimanlal Gandhi	Managing Director	24 Jul 2007	Current
Subir Nag	Director	30 Dec 2015	Current
Darshana Saumil Pandya	Director	14 Dec 2016	Current
Umesh Rajanikant Shah	Director	25 Oct 2023	Current
Vishal Vasu	Additional Director	29 Oct 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	08 Feb 2024	Past
Pramod Abcsdd	Director	12 Nov 2016	Past
Pramod Abcsdd	Cfo	-	Past
Pramod Abcsdd	Additional Director	29 Jun 2012	Past
Pramod Abcsdd	Director	01 Mar 2010	Past
Pramod Abcsdd	Additional Director	13 May 2016	Past

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Financial Performance of Mas Rural Housing & Mortgage Finance.

Mas Rural Housing & Mortgage Finance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.12% increase. The company also saw a substantial improvement in profitability, with a 38.99% increase in profit. The company's net worth Soared by an impressive increase of 38.6%.

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

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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

********

22.12%

*******

Revenue from Operations

*******

20.94%

*******

Total Assets

*******

32.23%

*******

Profit or Loss

*******

38.99%

*******

Net Worth

*******

38.60%

*******

EBITDA

*******

17.54%

*******

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What is the Ownership and Shareholding Structure of Mas Rural Housing & Mortgage Finance?

In 2023, Mas Rural Housing & Mortgage Finance had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

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

₹10,854,791,804.00

Satisfied Charges

₹4,918,400,000.00

Charges Breakdown by Lending Institutions

Others : 673.48 Cr
Indian Bank : 135.00 Cr
State Bank Of India : 125.00 Cr
Uco Bank : 75.00 Cr
Tata Capital Financial Services Limited : 40.00 Cr
Others : 37.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
20 Nov 2025	Others	₹20.00 Cr	Open
30 Oct 2025	Others	₹5.27 M	Open
15 Oct 2025	Uco Bank	₹75.00 Cr	Open
29 Sep 2025	Others	₹50.00 Cr	Open
26 Sep 2025	Others	₹25.00 Cr	Open

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How Many Employees Work at Mas Rural Housing & Mortgage Finance?

Mas Rural Housing & Mortgage Finance has a workforce of 218 employees as of Apr 09, 2024. 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

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Mas Rural Housing & Mortgage 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 Mas Rural Housing & Mortgage Finance's trajectory.

Rating

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

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 Rural Housing & Mortgage Finance

Recent Activity within the Organization

Charges

A charge with Others amounted to Rs. 20.00 Cr with Charge ID 101186958 was registered on 20 Nov 2025. was recorded as a recent event.
20 Nov 2025
Charges

The activity A charge with Others amounted to Rs. 0.53 Cr with Charge ID 101191533 was registered on 30 Oct 2025. was completed.
30 Oct 2025
Director Appointment

Vishal Vasu was appointed as a Additional Director was appointed as a Additional Director on 29 Oct 2025 & has been associated with this company since 3 months 5 days . was recorded as a recent event.
29 Oct 2025
Charges

Progress on A charge with Uco Bank amounted to Rs. 75.00 Cr with Charge ID 101172929 was registered on 15 Oct 2025. was documented.
15 Oct 2025
Charges

Progress on A charge with Others amounted to Rs. 50.00 Cr with Charge ID 101162059 was registered on 29 Sep 2025. was documented.
29 Sep 2025
Charges

A charge with Others amounted to Rs. 25.00 Cr with Charge ID 101162416 was registered on 26 Sep 2025. was recorded as a recent event.
26 Sep 2025

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