Mf Utilities India Private Limited - Company Profile

It is a internet private limited company based in Thane, Maharashtra, India, established in 2013.

2013 Thane, Maharashtra, India Active

Last Updated: January 11, 2026

About Mf Utilities India Private Limited

Mf Utilities India Private Limited, a active private limited company, was established on 04 May 2013 in Thane, Maharashtra, India. Engaging in online financial services within the financial and insurance service sector, it holds CIN: U74120MH2013PTC242939. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹2.25 Cr.

It upholds a compliant status. Employing 43 professional, Its leadership includes Suresh Subramanian (Director), Ganeshram Nagarajan (Managing Director), Milind Subhash Nesarikar (Director). Past directors included Ashok Suvarna, Suresh Subramanian, Sanjay Vishwanath Sapre. Its latest AGM occurred on 16 September 2025, with the balance sheet filed on 31 March 2025. It is based at 103 -105,Orion Business Park,1St Floor Kapurbawdi,Ghodbunder Road,Thane West, Thane, Maharashtra, 400607.

Company Details

CIN/LLPIN
U74120MH2013PTC242939
Registration Number
242939
Incorporation Date
04 May 2013
Authorized Capital
₹10.00 Cr
Paid-Up Capital
₹2.25 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 10.00 Cr as on 11-01-2026
Paid Up Capital ₹ 2.25 Cr as on 11-01-2026
Company Age 12 Year, 10 Months
Last Filing with ROC 31 Mar 2025
Revenue Growth **** -19.61% (FY 2023)
Profit Growth **** -756.19% (FY 2023)
Ebitda **** -310.71% (FY 2023)
Net Worth -40.46% (FY 2023)
Total Assets -39.58% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Mf Utilities India Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Mf Utilities India Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Suresh Subramanian	Director	18 Aug 2023	Current
Ganeshram Nagarajan	Managing Director	03 May 2021	Current
Milind Subhash Nesarikar	Director	03 May 2021	Current
Sameer Seksaria	Director	24 Dec 2021	Current
Keerti Rajesh Gupta	Director	29 Apr 2015	Current
Hemant Agrawal	Director	17 Sep 2019	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	08 Jul 2014	Past
Pramod Abcsdd	Additional Director	28 Sep 2023	Past
Pramod Abcsdd	Additional Director	24 Sep 2014	Past
Pramod Abcsdd	Managing Director	27 Sep 2021	Past
Pramod Abcsdd	Director	07 Jun 2022	Past
Pramod Abcsdd	Additional Director	28 Sep 2021	Past

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Financial Performance of Mf Utilities India.

Mf Utilities India Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 19.61% decrease. The company also saw a substantial fall in profitability, with a 756.19% decrease in profit. The company's net worth observed a substantial decline by a decrease of 40.46%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-19.61%

*******

Revenue from Operations

*******

-19.24%

*******

Total Assets

*******

-39.58%

*******

Profit or Loss

*******

-756.19%

*******

Net Worth

*******

-40.46%

*******

EBITDA

*******

-310.71%

*******

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What is the Ownership and Shareholding Structure of Mf Utilities India?

In 2023, Mf Utilities India had a public holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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How Many Employees Work at Mf Utilities India?

Mf Utilities India has a workforce of 43 employees as of Mar 28, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Mf Utilities India, 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 Mf Utilities India's trajectory.

Rating

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Alerts

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Latest Updates, News, and FAQs on Mf Utilities India

Recent Activity within the Organization

Annual General Meeting

The activity Mf Utilities India Private Limited last Annual general meeting of members was held on 16 Sep 2025 as per latest MCA records. was completed.
16 Sep 2025
Director Appointment

Progress on Venkat Nageswar Chalasani was appointed as a Director was appointed as a Director on 12 Sep 2025 & has been associated with this company since 5 months 22 days . was documented.
12 Sep 2025
Director Appointment

Progress on Swarup Anand Mohanty was appointed as a Director was appointed as a Director on 12 Sep 2025 & has been associated with this company since 5 months 22 days . was documented.
12 Sep 2025
Director Appointment

Gop Kumar Bhaskaran was appointed as a Director was appointed as a Director on 12 Sep 2025 & has been associated with this company since 5 months 22 days . was recorded as a recent event.
12 Sep 2025
Balance Sheet

Mf Utilities India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was recorded as a recent event.
31 Mar 2025
Director Appointment

Suresh Subramanian was appointed as a Director was appointed as a Director on 18 Aug 2023 & has been associated with this company since 2 years 6 months . was recorded as a recent event.
18 Aug 2023

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