About Mega Fin (India) Limited
Data last updated: 04 February 2026
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 Mittal Shankarlal and Archana Maheshwari.
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.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media**************
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Registered Address17Th Floor A – Wing Mittal Tower Nariman Point, Mumbai, Maharashtra, India – 400021
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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) Limited
Mega Fin (India) Limited 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) Limited
Mega Fin (India) Limited operates one associated brand: Mega Fin. These brands represent Mega Fin (India) Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Equity, debt, and trade financing services are provided to businesses. | megafinindia.com |
Competitors & Alternatives of Mega Fin (India) Limited
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 |
|---|---|---|---|
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Consumer and SME loans are provided by Manappuram Finance. | Valapad, India, India | 1992 |
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Financial solutions including loans and insurance are offered. | Pune, India, India | 2007 |
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Household and business loans are provided with risk management support. | Chennai, India, India | 2006 |
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Loans for pre-owned vehicles and diverse sectors are offered. | Jaipur, India, India | 1994 |
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Consumer and SME loans are provided by Mahindra Finance. | Mumbai, India, India | 1991 |
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Real estate, infrastructure, vehicle, home, and SME financing are provided. | Mumbai, India, India | 2009 |
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2-wheeler loans and consumer/business financing are provided by Hero Fincorp. | Delhi, India, India | 1991 |
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Collateral-free loans are provided to MSMEs for business operations. | Bengaluru, India, India | 2011 |
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Home and SME loans are provided in India. | Chennai, India, India | 1978 |
Business Activity of Mega Fin (India) Limited
Mega Fin (India) Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including 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 | ********* |
Auditor Details of Mega Fin (India) Limited
Mega Fin (India) Limited is audited by Maheshwari & Co. for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Maheshwari & Co. | blur-value | blur-value | blur-value |
Board of Directors of Mega Fin (India) Limited
Mega Fin (India) Limited is currently managed by 7 directors, with 19 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Mittal Shankarlal | Director | 12 Dec 1991 | 34 Years 6 Months | Current |
| Archana Maheshwari | Director | 30 Sep 2021 | 4 Years 9 Months | Current |
| Hema Vikas Shah | Director | 08 Sep 2022 | 3 Years 10 Months | Current |
|
Shweta Phanse Atul
Also directs:
Novel Ftwz Limited
|
Director | 31 Mar 2015 | 11 Years 3 Months | Current |
| Mahesh Mhatre Gajanan | Ceo | 14 May 2019 | 7 Years 1 Months | Current |
Financials of Mega Fin (India) Limited FY 2024 filings available
Mega Fin (India) Limited reported revenue of ₹27.09 Lakh (up 7.76% YoY) for FY 2024. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Revenue from Operations | ₹27.09 Lakh | ₹25.14 Lakh | ₹24.18 Lakh | ₹23.38 Lakh | ₹22.46 Lakh |
| Interest Earned | ₹27.09 Lakh | ₹25.14 Lakh | ₹24.18 Lakh | ₹23.38 Lakh | ₹22.46 Lakh |
| Other Income | ₹35,000 | ₹1.54 Lakh | ₹0 | ₹0 | ₹7,000 |
| Total Income | ₹27.44 Lakh | ₹26.68 Lakh | ₹24.18 Lakh | ₹23.38 Lakh | ₹22.53 Lakh |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹1.37 Lakh | ₹4.58 Lakh | ₹11.56 Lakh | ₹10.12 Lakh | ₹13.38 Lakh |
| Finance Costs | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Depreciation & Amortisation | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Other Expenses | ₹7.12 Lakh | ₹6.93 Lakh | ₹5.57 Lakh | ₹6.59 Lakh | ₹8.07 Lakh |
| Total Expenses | ₹8.49 Lakh | ₹11.51 Lakh | ₹17.13 Lakh | ₹16.71 Lakh | ₹21.45 Lakh |
| Profit Before Exceptional Items & Tax | ₹18.95 Lakh | ₹15.17 Lakh | ₹7.05 Lakh | ₹6.67 Lakh | ₹1.08 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | -₹8.14 Lakh |
| Profit Before Tax | ₹18.95 Lakh | ₹15.17 Lakh | ₹7.05 Lakh | ₹6.67 Lakh | -₹7.06 Lakh |
| Total Tax Expense | ₹6.26 Lakh | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Profit | ₹12.69 Lakh | ₹15.17 Lakh | ₹7.05 Lakh | ₹6.67 Lakh | -₹7.06 Lakh |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | ₹12.69 Lakh | ₹15.17 Lakh | ₹7.05 Lakh | ₹6.67 Lakh | -₹7.06 Lakh |
| EBITDA (computed) | ₹18.95 Lakh | ₹15.17 Lakh | ₹7.05 Lakh | ₹6.67 Lakh | ₹1.08 Lakh |
| Basic EPS | ₹0.16 | ₹0.00 | ₹0.09 | ₹0.08 | ₹-0.09 |
| Diluted EPS | ₹0.16 | ₹0.00 | ₹0.09 | ₹0.08 | ₹-0.09 |
| Metrics | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Total Assets | ₹2.5 Cr | ₹2.34 Cr | ₹2.2 Cr | ₹2.12 Cr | ₹2.39 Cr |
| Property, Plant & Equipment | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Cash & Equivalents | ₹50,000 | ₹50,000 | ₹54,000 | ₹69,000 | ₹76,000 |
| Equity (Net Worth) | ₹2.26 Cr | ₹2.13 Cr | ₹1.98 Cr | ₹1.91 Cr | ₹1.84 Cr |
| Equity Share Capital | ₹9.18 Cr | ₹9.18 Cr | ₹8.18 Cr | ₹9.18 Cr | ₹9.18 Cr |
| Total Liabilities | ₹24.43 Lakh | ₹21.04 Lakh | ₹22.72 Lakh | ₹21 Lakh | ₹55.44 Lakh |
| Metrics | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|
| Operating Cash Flow | ₹21.01 Lakh | -₹4,000 | -₹15,000 |
| Investing Cash Flow | -₹21.01 Lakh | ₹0 | ₹0 |
| Financing Cash Flow | ₹0 | ₹0 | ₹0 |
| Capital Expenditure | ₹0 | ₹0 | ₹0 |
| Free Cash Flow (computed) | ₹21.01 Lakh | -₹4,000 | -₹15,000 |
| Dividends Paid | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | ₹50,000 | -₹4,000 | -₹15,000 |
| Metrics | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|
| Revenue from Operations | ₹0 | ₹0 | ₹0 |
| Interest Earned | ₹0 | ₹0 | ₹0 |
| Other Income | ₹0 | ₹0 | ₹0 |
| Total Income | ₹0 | ₹0 | ₹0 |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹0 | ₹0 | ₹0 |
| Finance Costs | ₹0 | ₹0 | ₹0 |
| Depreciation & Amortisation | ₹0 | ₹0 | ₹0 |
| Other Expenses | ₹54,000 | ₹40,000 | ₹85,000 |
| Total Expenses | ₹54,000 | ₹40,000 | ₹85,000 |
| Profit Before Exceptional Items & Tax | -₹54,000 | -₹40,000 | -₹85,000 |
| Exceptional Items | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹54,000 | -₹40,000 | -₹85,000 |
| Total Tax Expense | ₹0 | ₹0 | ₹0 |
| Net Profit | -₹54,000 | -₹40,000 | -₹85,000 |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | -₹54,000 | -₹40,000 | -₹85,000 |
| EBITDA (computed) | -₹54,000 | -₹40,000 | -₹85,000 |
| Basic EPS | ₹-0.01 | ₹-0.01 | ₹-0.01 |
| Diluted EPS | ₹-0.01 | ₹-0.01 | ₹-0.01 |
Shareholding Pattern of Mega Fin (India) Limited
As per the shareholding pattern filed with BSE for the quarter ended Sep 2025, promoters hold 41.64%, domestic institutional investors hold 0.24%, retail and other public shareholders hold 58.11% of Mega Fin (India) Limited. The company had 628 shareholders on record.
| Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 41.64% | 41.64% | 41.64% | 41.64% | 41.64% | 41.64% |
| Public | 58.36% | 58.36% | 58.36% | 58.36% | 58.36% | 58.36% |
| Mar 2025 | Mar 2024 | Mar 2023 | |
|---|---|---|---|
| Promoters | 41.64% | 43.01% | 43.01% |
| Public | 58.36% | 56.99% | 56.99% |
| Promoter change (YoY, %pts) | -1.37 | +0.00 | - |
Charges & Borrowings of Mega Fin (India) Limited
| 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) Limited
View historical data on people associated with Mega Fin (India) Limited, including employment history and EPFO contributions.
Employee Count & EPFO Data of Mega Fin (India) Limited
Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.
GST Compliance of Mega Fin (India) Limited
GSTIN & GST Filing Data of Mega Fin (India) Limited
Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.
Credit Ratings, Litigation & Regulatory Alerts for Mega Fin (India) Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Mega Fin (India) Limited
Access complete credit rating history, litigation records, regulatory alerts, and compliance data.
MSME Payment Delays by Mega Fin (India) Limited
MSME Payment Delays by Mega Fin (India) Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Mega Fin (India) Limited
Subsidiaries & Group Companies of Mega Fin (India) Limited
See the full corporate group - holding company, subsidiaries, associates and joint ventures of Mega Fin (India) Limited with ownership details.
MCA Filings & Documents of Mega Fin (India) Limited
MCA Filings & Documents of Mega Fin (India) Limited
Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.
Recent Activity on Mega Fin (India) Limited
Recent News on Mega Fin (India) Limited
Frequently Asked Questions about Mega Fin (India) Limited
Mega Fin (India) Limited 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) Limited reported revenue of ₹26.68 Lakh for FY 2023 (up 10.00% YoY).
The current directors of Mega Fin (India) Limited are:
- Ajay Mittal Shankarlal
- Archana Maheshwari
- Pooja Agrawal
- Mahesh Mhatre Gajanan
- Hema Vikas Shah
- Shweta Phanse Atul
- Mahesh Gajanan Mhatre
The primary industry of Mega Fin (India) Limited is financial services. The company specifically operates in nbfc. The company is currently active in this sector.
Yes. Mega Fin (India) Limited is listed on BSE with code 532105.
Mega Fin (India) Limited 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.