MDFC Financiers Private Limited

MDFC Financiers Private Limited - financial services in Zirakpur, Punjab, India. FY 2026 financials & compliance.
CIN U65921PB1996PTC018591 Incorporated 05 August 1996 ROC Chandigarh HQ Zirakpur, Punjab, India
Active Private Limited Company financial services MSME
Data last updated
Revenue · FY 2024
₹23.82 Cr
▲ 93% YoY
Net profit · FY 2024
₹1.7 Cr
Net margin 7.1%
EBITDA · FY 2024
₹15.48 Cr
EBITDA margin 65%
Authorised capital
₹42 Cr
Registered with MCA
Paid-up capital
₹25.93 Cr
Issued & subscribed
Open charges
₹259.3 Cr
Satisfied ₹84.75 Cr
Company age
30 yrs
Est. 1996
Employees · EPFO
98
Provident fund records

About MDFC Financiers Private Limited

Data last updated:

MDFC Financiers Private Limited is a private limited company based in Zirakpur, Punjab, India. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 05 August 1996 and has been in existence for over 30 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U65921PB1996PTC018591. Its GSTIN is 08AABCD7132J1ZO (Rajasthan). The company holds 3 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹42 Cr and a paid-up capital of ₹25.93 Cr. It was formerly known as Deep Dhalleke Auto Financiers Private Limited and Deep Star Fincorp Private Limited. It is led by directors including Mukesh Pawanda Kumar (Managing Director) and Raj Kumar.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at SCO – 48 (Basement) Shiv Nagar Peer Muchalla, Zirakpur, Punjab, India – 140603.

As per the financials filed for FY 2024, the company reported a revenue of ₹23.82 Cr, a growth of 93% compared to the previous year. For the same year it recorded a net profit of ₹1.7 Cr (net margin 7.1%) and EBITDA of ₹15.48 Cr (EBITDA margin 65%). Revenue has grown at a compounded annual rate (CAGR) of 178% over three years and 250% over five years.

The company has about 98 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: MDFC. As per MCA filings, the company has open charges of ₹259.3 Cr and satisfied charges of ₹84.75 Cr on record. Court records list 873 cases involving the company, including 870 filed by the company and 3 filed against it; 499 cases are pending.

MDFC Financiers Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-RJ-30-0040204). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mdfc.in.

Company details

CIN U65921PB1996PTC018591
Registration Number 018591
Incorporation Date 05 August 1996
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-RJ-30-0040204

Name history

MDFC Financiers has undergone 6 name changes throughout its history. The current legal name is Mdfc Financiers Private Limited.

Company NameStatus
MDFC Financiers Private LimitedCurrent
Deep Dhalleke Auto Financiers Private LimitedPrevious
Deep Star Fincorp Private LimitedPrevious
Mb Finance Private LimitedPrevious
M.B.E. Fincap Private LimitedPrevious
M.B.E. Finance Private LimitedPrevious
Deep Dhalleke Auto Financiers LimitedPrevious

CIN history

MDFC Financiers has one previous CIN (Corporate Identification Number): U65921PB1996PLC018591. The current CIN is U65921PB1996PTC018591, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U65921PB1996PTC018591Current
U65921PB1996PLC018591Previous
Key People
Mukesh Pawanda Kumar Managing Director Raj Kumar Director Swati Pawanda Director

Recognitions & Rankings of MDFC Financiers

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-RJ-30-0040204

Contact details

MDFC Financiers Private Limited's registered office is in Zirakpur, Punjab. Its website is mdfc.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    mdfc.in
  • Social Media
  • Registered Address
    SCO – 48 (Basement) Shiv Nagar Peer Muchalla, Zirakpur, Punjab, India – 140603
  • Industry
    Financial Services, Investment & Credit NBFC, NBFC

To see the full contact details of MDFC Financiers Private Limited, buy the company report.

Comprehensive company report
MDFC Financiers 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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Secure checkout · GST invoice included

Brands

MDFC Financiers operates one associated brand: MDFC. Each brand links to its own profile.

BrandDescriptionWebsite
MDFC
Provides financial loans for commercial vehicles, tractors, and MSMEs in rural areas.mdfc.in

Business activity

The main business activity of MDFC Financiers is financial and insurance service. In detail, this covers financial and credit leasing activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK5Financial and Credit leasing activities

To see the full business activity and turnover split of MDFC Financiers Private Limited, buy the company report.

Financials of MDFC Financiers Private Limited

FY 2025 filings available

MDFC Financiers Private Limited reported revenue of ₹23.82 Cr (up 93% YoY) for FY 2024.

Revenue · FY 2024
₹23.82 Cr ▲ 93%
Net profit · FY 2024
₹1.7 Cr margin 7.1%
EBITDA · FY 2024
₹15.48 Cr margin 65%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 93%
3 years · compounded
▲ 178%
5 years · compounded
▲ 250%
EBITDA CAGR growth
1 year
▲ 109%
3 years · compounded
▲ 221%
5 years · compounded
▲ 404%

Revenue has grown at a compounded annual rate (CAGR) of 250% over five years, including 93% growth in the latest year. EBITDA rose 109% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹23.82 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹15.48 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.7 Cr
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin65%
Net Profit Margin7.1%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of MDFC Financiers Private Limited, buy the company report.

Board of directors of MDFC Financiers Private Limited

MDFC Financiers has 5 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Raj KumarDirector24 Dec 20205 Years 10 MonthsCurrent
Mukesh Pawanda Kumar
Also directs: MDFC Support LLP
Managing Director21 Aug 20206 Years 2 MonthsCurrent
Swati Pawanda
Also directs: MDFC Support LLP
Director16 Jul 20206 Years 3 MonthsCurrent
Abhishek Tiwari
Also directs: Greenfinch Legal Advisors LLP, Sureworth Financial Services Private Limited, Velocity Insurance Broking Services Private Limited and 3 more
Director13 Apr 20224 Years 6 MonthsCurrent
Rishi DhariwalDirector29 Aug 20251 Years 2 MonthsCurrent
View all directors

Peer comparison

MDFC Financiers Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (financial and credit leasing activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Citland Commercial Credits Limited₹23.88 Cr (FY 2025)15.0%New Delhi, Delhi, India
MDFC Financiers Private Limitedthis company₹23.82 Cr (FY 2024)₹1.7 Cr7.1%93.0%98Zirakpur, Punjab, India
Singularity Creditworld Private Limited₹23.65 Cr (FY 2025)70.0%Mumbai, Maharashtra, India
Shivpriya Tradingand Finance Co. Private Limited₹23.61 Cr (FY 2025)-10.0%New Delhi, Delhi, India

To see the full peer comparison of MDFC Financiers Private Limited, buy the company report.

Auditor

MDFC Financiers Private Limited is audited by M K AGRAWAL & ASSOCIATES for the financial year 2024.

Auditor firmFinancial yearFirm registration number
M K AGRAWAL & ASSOCIATESFY 2024015611C

Shareholding

The shareholding of MDFC Financiers Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2024FY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of MDFC Financiers Private Limited, buy the company report.

Charges & borrowings

Open charges
₹259.3 Cr
Satisfied charges
₹84.75 Cr
Breakdown by lending institutions
Others₹223.30 Cr
State Bank of India₹25.00 Cr
Sidbi₹10.00 Cr
Hdfc Bank Limited₹1.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
18 Dec 2025101204676Others₹5 CrOpen
19 Nov 2025101188471Others₹3 CrOpen
31 Oct 2025101181881Others₹3 CrOpen
15 Sep 2025101156771Others₹5 CrOpen
19 Aug 2025101147179Others₹5 CrOpen

To see the full charge records of MDFC Financiers Private Limited, buy the company report.

Total charge records: 115 View all charges

Credit ratings & regulatory alerts

MDFC Financiers Private Limited was last rated by Care on 05 Apr 2021.

Rating agencyRated onRating
Care05 Apr 2021

To see the full credit ratings and regulatory alerts of MDFC Financiers Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for MDFC Financiers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

MDFC Financiers Private Limited has a workforce of 98 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.

Employee count
98
Active EPFO establishments
1
Employee growth
27.27%

GST

MDFC Financiers has 3 GST registrations: 2 active and 1 cancelled or inactive.

Total GSTINs
3
Active
2
Cancelled / inactive
1
GSTINStateStatusRegistered on
08AABCD7132J1ZORajasthanActive29 Aug 2019
24AABCD7132J1ZUGujaratActive08 Jun 2022

To see the full GST registrations and return filing status of MDFC Financiers Private Limited, buy the company report.

Recent activity

MDFC Financiers Private Limited has 13 board changes on record since 2010: 5 appointments and 8 cessations. The latest: Rishi Dhariwal was appointed as Director on 29 Aug 2025.

Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 101204676 was registered on 18 Dec 2025.
Charges
A charge with Others amounted to Rs. 3.00 Cr with Charge ID 101188471 was registered on 19 Nov 2025.
Charges
A charge registered on 17 Oct 2022 via Charge ID 100624472 with Others was fully satisfied on 19 Nov 2025.
Charges
A charge registered on 17 Oct 2022 via Charge ID 100624478 with Others was fully satisfied on 19 Nov 2025.
Charges
A charge registered on 22 Sep 2022 via Charge ID 100617478 with Others was fully satisfied on 03 Nov 2025.
Charges
A charge with Others amounted to Rs. 3.00 Cr with Charge ID 101181881 was registered on 31 Oct 2025.
Charges
A charge with Others of Rs. 2.50 Cr registered on 23 Mar 2024 with Charge ID 100895603 was modified on 27 Oct 2025.
Charges
A charge registered on 23 Jan 2023 via Charge ID 100676083 with Others was fully satisfied on 21 Oct 2025.
Charges
A charge with Others of Rs. 2.50 Cr registered on 26 Mar 2025 with Charge ID 101071507 was modified on 16 Oct 2025.
AGM
Mdfc Financiers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 16 Mar 2023 via Charge ID 100696694 with Others was fully satisfied on 19 Sep 2025.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 101156771 was registered on 15 Sep 2025.

183 earlier events are in the company report.

Frequently asked questions

MDFC Financiers is an active private limited company based in Zirakpur, Punjab, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 05 August 1996 (30+ years old) and is registered under CIN U65921PB1996PTC018591.

MDFC Financiers has 5 current directors:

The latest financial statements of MDFC Financiers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of MDFC Financiers is 08AABCD7132J1ZO, registered in Rajasthan. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 24AABCD7132J1ZU (Gujarat).

The CIN (Corporate Identification Number) of MDFC Financiers is U65921PB1996PTC018591. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

MDFC Financiers has 873 court cases on record: 870 filed by the company and 3 filed against it. 499 are pending. Most are in the district courts.

MDFC Financiers was incorporated on 05 August 1996, making it 30+ years old. It is registered with the Registrar of Companies, Chandigarh.

The peers of MDFC Financiers by revenue are Citland Commercial Credits Limited, Singularity Creditworld Private Limited, Shivpriya Tradingand Finance Co. Private Limited, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (financial and credit leasing activities).

Rishi Dhariwal was appointed as Director on 29 Aug 2025. Abhishek Tiwari was appointed as Director on 13 Apr 2022. Raj Kumar was appointed as Director on 24 Dec 2020. MDFC Financiers has 13 board changes on record in total.

Yes, MDFC Financiers is registered as an MSME under Udyam registration (number: UDYAM-RJ-30-0040204).

MDFC Financiers can be reached through the website mdfc.in. Its registered office is in Zirakpur, Punjab, India.