About Mega Fin (India) Limited
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Mega Fin (India) Limited is a public limited company based in Mumbai, Maharashtra, India. It specialises in non-banking financial services (NBFC), a part of the broader financial services sector. Incorporated on 19 May 1982, the company has been in operation for over 44 years.
Registered with ROC Mumbai under CIN L65990MH1982PLC027165. Listed on BSE: 532105.
Capital: an authorised share capital of ₹11 Cr and a paid-up capital of ₹9.18 Cr. Formerly known as Blue Yellow Investments and Finance Pvt Ltd. It is led by directors including Ajay Shankarlal Mittal and Shweta Atul Phanse.
Last AGM: 30 September 2023. Financial statements filed for year ended 31 March 2023. Office: 17Th Floor A – Wing Mittal Tower Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2023, the company reported a revenue of ₹26.68 Lakh, a growth of 10% compared to the previous year.
The company is associated with 1 brand - Mega Fin. As per MCA filings, the company has satisfied charges of ₹2 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website megafinindia.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address17Th Floor A – Wing Mittal Tower Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Mega Fin (India)
Mega Fin (India) has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L65990MH1982PLC027165, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L65990MH1982PLC027165 | Current |
| U65990MH1982PTC027165 | Previous |
| U65990MH1982PLC027165 | Previous |
Associated Brands with Mega Fin (India)
Mega Fin (India) operates one associated brand: Mega Fin. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Equity, debt, and trade financing services are provided to businesses. | megafinindia.com |
Competitors & Alternatives of Mega Fin (India)
Brands and companies operating in the same space as Mega Fin (India) Limited include Manappuram Finance, Bajaj Finserv, Northern Arc Capital and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Manappuram Finance | Consumer and SME loans are provided by Manappuram Finance. | Valapad, India, India | 1992 |
 Bajaj Finserv | Financial solutions including loans and insurance are offered. | Pune, India, India | 2007 |
 Northern Arc Capital | Household and business loans are provided with risk management support. | Chennai, India, India | 2006 |
 SK Finance | Loans for pre-owned vehicles and diverse sectors are offered. | Jaipur, India, India | 1994 |
 Mahindra Finance | Consumer and SME loans are provided by Mahindra Finance. | Mumbai, India, India | 1991 |
 Indostar Capital Finance | Real estate, infrastructure, vehicle, home, and SME financing are provided. | Mumbai, India, India | 2009 |
 Hero Fincorp | 2-wheeler loans and consumer/business financing are provided by Hero Fincorp. | Delhi, India, India | 1991 |
 Kinara Capital | Collateral-free loans are provided to MSMEs for business operations. | Bengaluru, India, India | 2011 |
 Cholamandalam Investment and Finance Company | Home and SME loans are provided in India. | Chennai, India, India | 1978 |
Business Activity of Mega Fin (India)
The main business activity of Mega Fin (India) is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details for Mega Fin (India) Limited
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Mega Fin (India)
Mega Fin (India) Limited is audited by Maheshwari & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Maheshwari & Co. | Locked | Locked | Locked |
Complete auditor history for Mega Fin (India) Limited
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Mega Fin (India) Limited
Mega Fin (India) has 4 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Shankarlal Mittal | Director | 12 Dec 1991 | 34 Years 9 Months | Current |
| Shweta Atul Phanse Also directs: Novel FTWZ Limited | Director | 31 Mar 2015 | 11 Years 6 Months | Current |
| Archana Maheshwari Also directs: Novel FTWZ Limited, GM Taxation and Management Consultancy LLP, RM Manpower Consultancy LLP and 5 more | Director | 30 Sep 2021 | 5 Years 0 Months | Current |
| Hema Vikas Shah Also directs: Novel FTWZ Limited, GM Taxation and Management Consultancy LLP, RM Manpower Consultancy LLP and 5 more | Director | 08 Sep 2022 | 4 Years 0 Months | Current |
Financials of Mega Fin (India) Limited FY 2023 filings available
Mega Fin (India) Limited reported revenue of ₹26.68 Lakh (up 10.00% YoY) for FY 2023.
Ten-year financial statements for Mega Fin (India) Limited
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Mega Fin (India)
Shareholding and ownership data for Mega Fin (India) Limited
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Mega Fin (India)
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Apr 1993 | The Federal Bank Limited | ₹2 Cr | Satisfied |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Mega Fin (India)
Employment history and EPFO contributions of people linked to Mega Fin (India).
Employee and EPFO history for Mega Fin (India) Limited
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Mega Fin (India)
GST registrations and filing compliance for Mega Fin (India) Limited
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Mega Fin (India)
Credit ratings, litigation, and regulatory alerts for Mega Fin (India) Limited
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Mega Fin (India)
MSME payment history for Mega Fin (India) Limited
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Mega Fin (India)
Corporate group structure for Mega Fin (India) Limited
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Mega Fin (India)
MCA filings and documents for Mega Fin (India) Limited
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Mega Fin (India)
Recent News on Mega Fin (India)
Frequently Asked Questions about Mega Fin (India) Limited
Mega Fin (India) is an active public limited company in the financial services sector based in Mumbai, Maharashtra, India. It was incorporated on 19 May 1982 (44+ years old) and is registered under CIN L65990MH1982PLC027165. Listed on BSE: 532105.
Mega Fin (India) reported revenue of ₹26.68 Lakh for FY 2023 (up 10.00% YoY).
The current directors of Mega Fin (India) are:
- Ajay Shankarlal Mittal - Director
- Shweta Atul Phanse - Director
- Archana Maheshwari - Director
- Hema Vikas Shah - Director
The primary industry of Mega Fin (India) is financial services. The company specifically operates in nbfc. The company is currently active in this sector.
Yes. Mega Fin (India) is listed on BSE with code 532105.
Mega Fin (India) can be reached at the registered office: 17Th Floor A – Wing Mittal Tower Nariman Point, Mumbai, Maharashtra, India – 400021, or through the website megafinindia.com.