India's Richest People 2026 edition · 1 director · Source: Hurun India
- #130 VC Burman & family ₹25,900 Cr
M.B. Finmart Private Limited
M.B. Finmart Private Limited - financial services in New Delhi, Delhi, India. FY 2026 financials & compliance.
Active Private Limited Company financial services
Revenue · FY 2023
₹14.59 Cr
Latest filing
Net loss · FY 2023
₹8.67 Cr
Net margin -59.4%
Authorised capital
₹30.19 Cr
Registered with MCA
Paid-up capital
₹2.75 Cr
Issued & subscribed
Satisfied charges
₹50 Cr
No open charges
Company age
30 yrs
Est. 1996
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About M.B. Finmart Private Limited
Data last updated:
M.B. Finmart Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 06 March 1996 and has been in existence for over 30 years.
Its director VC Burman and family are #130 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U65100HR1996PTC140533. Its GSTIN is 07AAACD9678C1ZJ (Delhi).
The company has an authorised share capital of ₹30.19 Cr and a paid-up capital of ₹2.75 Cr. It was formerly known as Dabur Investment Corporation Limited and Dabur Investment Corporation Private Limited. It is led by directors including Mohit Burman and Monica Burman.
Its last annual general meeting (AGM) was held on 26 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 4th Floor Punjabi Bhawan 10 Rouse Avenue, New Delhi, Delhi, India – 110002.
As per MCA filings, the company has satisfied charges of ₹50 Cr on record. Court records list 11 cases involving the company, including 3 filed by the company and 8 filed against it. The company has 14 deals on record (7 funding rounds, 5 secondary share transfers, 2 rights issues), with disclosed funding of ₹162.19 Cr; the latest was in March 2025. Its 4 peer companies in the BFSI industry (Large NBFC, NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities) are compared by revenue, 2 larger and 2 smaller; the largest is Assam Hire Purchase Company Private Limited with revenue of ₹47.3 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U65100HR1996PTC140533
Registration Number 076834
Incorporation Date 06 March 1996
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 December 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Name history
M.B. Finmart has undergone 3 name changes throughout its history. The company was previously known as Dabur Investment Corporation Limited, Dabur Investment Corporation Private Limited, and Dabur (Dr. S.K.Burman) Private Limited. The current legal name is M.B. Finmart Private Limited.
| Company Name | Status |
|---|---|
| M.B. Finmart Private Limited | Current |
| Dabur Investment Corporation Limited | Previous |
| Dabur Investment Corporation Private Limited | Previous |
| Dabur (Dr. S.K.Burman) Private Limited | Previous |
CIN history
M.B. Finmart has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U65100HR1996PTC140533, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65100HR1996PTC140533 | Current |
| U67190DL1996PTC076834 | Previous |
| U65100DL1996PTC076834 | Previous |
Recognitions & Rankings of M.B. Finmart
Contact details
M.B. Finmart Private Limited's registered office is in New Delhi, Delhi.
- Registered Address4th Floor Punjabi Bhawan 10 Rouse Avenue, New Delhi, Delhi, India – 110002
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
Comprehensive company report
M.B. Finmart Private Limited - one report that includes everything
- 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
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Business activity
M.B. Finmart operates primarily in the financial and insurance service sector. 2 business activities are registered with the MCA.
| Main activity group | Business activity | Share of turnover |
|---|---|---|
| Financial and insurance Service | Other financial activities |
To see the full business activity and turnover split of M.B. Finmart Private Limited, buy the company report.
Financials of M.B. Finmart Private Limited
FY 2024 filings availableM.B. Finmart Private Limited reported revenue of ₹14.59 Cr for FY 2023.
Revenue · FY 2023
₹14.59 Cr
Net loss · FY 2023
₹8.67 Cr margin -59.4%
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Other Income | |||||
| Total Revenue | ₹14.59 Cr | ||||
| Cost of Materials Consumed | |||||
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| Net Profit (PAT) | -₹8.67 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | -59.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of M.B. Finmart Private Limited, buy the company report.
Board of directors of M.B. Finmart Private Limited
M.B. Finmart has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohit Burman | Director | 06 Mar 1996 | 30 Years 7 Months | Current |
| Monica Burman | Director | 12 Mar 2003 | 23 Years 7 Months | Current |
| Vivek Chand Burman Also directs: V I C Enterprises Private Ltd., Burmans Finvest Private Limited, Northern Herbal Farms Private Limited and 5 more | Director | 29 Aug 2008 | 18 Years 1 Months | Current |
Peer comparison
M.B. Finmart Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Large NBFC, NBFC Investment and Credit Companies, Small Non Deposit NBFC), 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 |
|---|---|---|---|---|---|---|
| Assam Hire Purchase Company Private Limited | ₹47.3 Cr (FY 2025) | -11.0% | Guwahati, Assam, India | |||
| Umang Commercial Co Private Limited | ₹47.2 Cr (FY 2022) | 116.0% | Kolkata, West Bengal, India | |||
| Merit Credit Corporation Limited | ₹46.5 Cr (FY 2019) | 16.0% | Ahmedabad, Gujarat, India | |||
| Cyrus Investments Private Limited | ₹46.39 Cr (FY 2023) | -32.0% | Mumbai, Maharashtra, India | |||
| M.B. Finmart Private Limitedthis company | ₹14.59 Cr (FY 2023) | -₹8.67 Cr | -59.4% | New Delhi, Delhi, India |
To see the full peer comparison of M.B. Finmart Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹50 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 May 2022 | 100577106 | Others | ₹50 Cr | Satisfied |
To see the full charge records of M.B. Finmart Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
M.B. Finmart Private Limited has 14 deals on record (7 funding rounds, 5 secondary share transfers, 2 rights issues), with disclosed funding of ₹162.19 Cr; the latest was in March 2025.
Total deals
14
Funding rounds
7
Secondary share transfers
5
Rights issues
2
Disclosed funding
₹162.19 Cr
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Rights issue | ₹14 Cr | Investors: an individual |
| Mar 2025 | Funding round | ₹33.75 Cr | Investors: Burman Family Holdings, an individual |
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: Burman Securities Private Limited Seller: M B Investment & Vivek Chand Burman, M B Investment |
| Mar 2024 | Funding round | ₹88.85 Cr | Investors: an individual |
| Nov 2023 | Rights issue | ₹6 Cr | Investors: an individual |
To see the full deal history of M.B. Finmart Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
M.B. Finmart Private Limited has 11 court cases on record: 3 filed by M.B. Finmart, 8 filed against it. All cases are disposed.
Total cases
11
Filed by the company
3
Filed against the company
8
Disposed
11
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 5 | 5 | 0 |
| High courts | 4 | 1 | 0 |
| District courts | 1 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Court case (Competition Appeal(AT)) | Filed against the company by Religare Enterprises Limited | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Religare Enterprises Limited | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against Registrar of Companies, National & Anr. | Disposed |
| High Court of Delhi | Appeal | Filed by the company against Registrar of Companies, National Capital Territory of Delhi & Haryana & Anr. | Disposed |
| NCLT, Chennai | Company petition | Filed against the company by an individual | Disposed |
To see the full case history of M.B. Finmart Private Limited, 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 M.B. Finmart Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
M.B. Finmart has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACD9678C1ZJ | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of M.B. Finmart Private Limited, buy the company report.
Recent activity
M.B. Finmart Private Limited has 7 board changes on record since 1996: 3 appointments and 4 cessations. The latest: Anand Chand Burman ceased to be Additional Director on 30 Sep 2009.
AGM
M.B. Finmart Private Limited last Annual general meeting of members was held on 26 Dec 2024 as per latest MCA records.
Filing
M.B. Finmart Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge registered on 11 May 2022 via Charge ID 100577106 with Others was fully satisfied on 24 Mar 2023.
Charges
A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100577106 was registered on 11 May 2022.
Ceased
Anand Chand Burman ceased to be Additional Director.
Ceased
Vivek Chand Burman ceased to be Additional Director.
Ceased
Ashok Kumar Jain ceased to be Director.
Ceased
Pradip Burman ceased to be Director.
Appointed
Vivek Chand Burman was appointed as Director.
Appointed
Monica Burman was appointed as Director.
Appointed
Mohit Burman was appointed as Director.
Incorporation
06 Mar 1996
M.B. Finmart Private Limited was registered on 06 Mar 1996 with Roc Delhi & aged 30 years 7 months as per MCA records.
Frequently asked questions
M.B. Finmart is an active private limited company based in New Delhi, Delhi, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 06 March 1996 (30+ years old) and is registered under CIN U65100HR1996PTC140533.
M.B. Finmart has 3 current directors:
- Mohit Burman - Director
- Monica Burman - Director
- Vivek Chand Burman - Director
The latest financial statements of M.B. Finmart on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 26 December 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of M.B. Finmart is 07AAACD9678C1ZJ, registered in Delhi.
The CIN (Corporate Identification Number) of M.B. Finmart is U65100HR1996PTC140533. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
M.B. Finmart has 11 court cases on record: 3 filed by the company and 8 filed against it. Most are in the nclat.
M.B. Finmart was incorporated on 06 March 1996, making it 30+ years old. It is registered with the Registrar of Companies, Delhi.
M.B. Finmart has 14 deals on record (7 funding rounds, 5 secondary share transfers, 2 rights issues), with disclosed funding of ₹162.19 Cr; the latest was in March 2025.
The peers of M.B. Finmart by revenue are Assam Hire Purchase Company Private Limited, Umang Commercial Co Private Limited, Merit Credit Corporation Limited, Cyrus Investments Private Limited, all in the BFSI industry (Large NBFC, NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Anand Chand Burman ceased to be Additional Director on 30 Sep 2009. Vivek Chand Burman ceased to be Additional Director on 30 Sep 2008. Ashok Kumar Jain ceased to be Director on 29 Aug 2008. M.B. Finmart has 7 board changes on record in total.
The registered office of M.B. Finmart is at 4th Floor Punjabi Bhawan 10 Rouse Avenue, New Delhi, Delhi, India – 110002.