About
Basic Data Updated:
1 month agoMas Rural Housing & Mortgage Finance Limited, a housing finance company, offers a range of products including housing loans for the purchase of new and old houses, construction loans, home improvement loans, and commercial loans for non-residential premises. It is a subsidiary of MAS Financial Services Limited and was established with the aim of providing housing loans to the affordable segment of the low and middle-income group. The company's services also extend to providing loans for the purchase of shops and project funding for affordable housing projects. Its operations are primarily focused in Gujarat, Maharashtra, Madhya Pradesh, and Rajasthan, as stated in its credit rating report. With a total of 69 branches, including 47 exclusive branches, Mas Rural Housing & Mortgage Finance Limited is dedicated to making the dream of owning a home a reality for individuals and families in need.
Industry
Company Details
- Location
Ahmedabad, Gujarat, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
| CIN/LLPIN/FCRN | U74900GJ2007PLC051383 |
| Company No. | 051383 |
| Company Classification | Public Limited Indian Non-Government Company |
| Incorporation Date | 24 Jul 2007 |
| Date of AGM | 07 Jun 2023 |
| Date of Balance Sheet | 31 Mar 2023 |
| Listing Status | Unlisted |
| ROC Code | Roc Ahmedabad |
Financials of Mas Rural Housing & Mortgage Finance Limited
Mas Rural Housing & Mortgage Finance Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 1.58% increase. The company also saw a substantial improvement in profitability, with a 58.16% increase in profit. The company's net worth Soared by an impressive increase of 13.88%.
Corporate Structure
Unlock access to Mas Rural Housing & Mortgage 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 Mas Rural Housing & Mortgage Finance Limited
Unlock and access historical data on people associated with Mas Rural Housing & Mortgage Finance, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (3)
Darshil Hiranandani
Company SecretaryAppointment Date: 02-May-2018
Status: Current
KG
Kamlesh Gandhi Managing DirectorAppointment Date: 24-Jul-2007
Status: Current
AJ
Ankit Jain CFOAppointment Date: 12-May-2021
Status: Current
Board Members(4)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 20 Mar 2024 | ₹20.00 Cr | Open |
Indian Bank Creation Date: 30 Dec 2023 | ₹50.00 Cr | Open |
State Bank Of India Creation Date: 28 Dec 2023 | ₹50.00 Cr | Open |
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.
Alert
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Related Corporates (Common Directorship)
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Recent activity within the organization
Charges
A charge with Hdfc Bank Limited amounted to Rs. 20.00 cr with Charge ID 100895247 was registered on 20 Mar 2024.
20 Mar 2024Director Appointment
Daksha Niranjan Shah was appointed as a Director was appointed as a Director on 30 Jan 2024 & has been associated with this company since 4 months 12 days .
30 Jan 2024Charges
A charge registered on 27 May 2016 via Charge ID 100035042 with Idbi Bank Limited was fully satisfied on 19 Jan 2024.
19 Jan 2024Charges
A charge registered on 27 May 2016 via Charge ID 100035063 with Idbi Bank Limited was fully satisfied on 19 Jan 2024.
19 Jan 2024Charges
A charge with Indian Bank amounted to Rs. 50.00 cr with Charge ID 100841304 was registered on 30 Dec 2023.
30 Dec 2023
Recent News, Updates & Announcement
- MAS Financial Services Limited appoints Corporate Advisory Committee.
Asian News International 26 Apr 2023
- MAS Financial Services Q2 net up 32 to 25cr.
Business Line 09 Nov 2017
- Tab Capital has raised Rs 80 crore in debt financing from a clutch of banks.
The digital lending NBFC has disrupted the status quo with its focus on technology completing the entire disbursement process within 2 working days.
Economic Times 31 Oct 2017
- MAS Financial Services NSE Debut Sees 44 Premium and Record Oversubscription Plans to Expand Loan Portfolio.
When MAS Financial Services opened on the NSE its shares were priced at a whopping Rs 660 with a premium of 44 The IPO was oversubscribed 12839 times with strong demand from noninstitutional investors The company plans to use the funds to expand its loan portfolio Despite its growth the company has maintained a low rate of nonperforming loans.
IBTimes India 18 Oct 2017
Frequently asked questions
What is the Incorporation or founding date of Mas Rural Housing & Mortgage Finance Limited?
