MGB Finlease Private Limited
About MGB Finlease Private Limited
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MGB Finlease Private Limited is a private limited company based in Delhi, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 24 September 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U65929DL1996PTC082187.
The company has an authorised share capital of ₹5.1 Cr and a paid-up capital of ₹5 Cr. It is led by directors Inderjeet Wadhwa and Ashok Kumar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at B – 25 Manak Vihar Extension Hari Nagar, Delhi, India – 110018.
As per the financials filed for FY 2025, the company reported a revenue of ₹35.2 Lakh, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹2.2 Lakh (net margin 6.3%) and EBITDA of ₹3.02 Lakh (EBITDA margin 8.6%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 16% over five years.
Court records list 90 cases involving the company, including 80 filed by the company and 10 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
MGB Finlease Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – 25 Manak Vihar Extension Hari Nagar, Delhi, India – 110018
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of MGB Finlease Private Limited, buy the company report.
- 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
Business activity
The main business activity of MGB Finlease is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of MGB Finlease Private Limited, buy the company report.
Financials of MGB Finlease Private Limited
FY 2024 filings availableMGB Finlease Private Limited reported revenue of ₹35.2 Lakh (up 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 4% growth in the latest year. EBITDA rose 24% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹3.02 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹2.2 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.6% | ||||
| Net Profit Margin | 6.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of MGB Finlease Private Limited, buy the company report.
Board of directors of MGB Finlease Private Limited
MGB Finlease has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Inderjeet Wadhwa | Director | 01 Feb 2013 | 13 Years 9 Months | Current |
| Ashok Kumar | Director | 01 Feb 2013 | 13 Years 9 Months | Current |
Peer comparison
MGB Finlease Private Limited is compared with the 7 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 (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Status Mark Finvest Limited | ₹35.31 Lakh (FY 2024) | 26.0% | New Delhi, Delhi, India | |||
| Nova Vyapar Pvt Ltd | ₹35.3 Lakh (FY 2022) | 18.0% | Dhantala, West Bengal, India | |||
| Step Two Corporation Ltd | ₹35.3 Lakh (FY 2019) | -41.0% | Kolkata, West Bengal, India | |||
| Gurudev Financial Services Private Limited | ₹35.22 Lakh (FY 2020) | -100.0% | Delhi, India | |||
| MGB Finlease Private Limitedthis company | ₹35.2 Lakh (FY 2025) | ₹2.2 Lakh | 6.3% | 4.0% | Delhi, India | |
| Colama Commercial Co Ltd | ₹35.14 Lakh (FY 2024) | 4.0% | Kolkata, West Bengal, India | |||
| S.Y.G. Financiers Limited | ₹34.99 Lakh (FY 2025) | 7.0% | Sowcarpet, Madras 600 079, Tamil Nadu, India | |||
| Shiva Handi Crafts Private Limited | ₹34.97 Lakh (FY 2025) | 32.0% | Agra, Uttar Pradesh, India |
To see the full peer comparison of MGB Finlease Private Limited, buy the company report.
Auditor
MGB Finlease Private Limited is audited by JITENDER KUMAR BHARARA & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JITENDER KUMAR BHARARA & ASSOCIATES | FY 2022 | 096056 |
Shareholding
The shareholding of MGB Finlease Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of MGB Finlease Private Limited, buy the company report.
Legal cases
MGB Finlease Private Limited has 90 court cases on record: 80 filed by MGB Finlease, 10 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 89 | 10 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 90)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North, Delhi | Arbitration matter | Filed by the company against Deepak | Disposed |
| District court, North, Delhi | Arbitration matter | Filed by the company against an individual | Disposed |
| District court, North, Delhi | Arbitration matter | Filed by the company against an individual | Disposed |
| District court, New Delhi, Delhi | Arbitration matter | Filed by the company against an individual | Disposed |
| District court, North, Delhi | Arbitration matter | Filed by the company against an individual | Disposed |
To see the full case history of MGB Finlease 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 MGB Finlease Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for MGB Finlease Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
MGB Finlease Private Limited has 7 board changes on record since 2013: 2 appointments and 5 cessations. The latest: Shyam Sunder ceased to be Director on 16 Apr 2019.
Frequently asked questions
MGB Finlease is an active private limited company based in Delhi, India. The company works in nbfc, within the financial services industry. It was incorporated on 24 September 1996 (30+ years old) and is registered under CIN U65929DL1996PTC082187.
MGB Finlease has 2 current directors:
- Inderjeet Wadhwa - Director
- Ashok Kumar - Director
The latest financial statements of MGB Finlease on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of MGB Finlease is U65929DL1996PTC082187. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MGB Finlease has 90 court cases on record: 80 filed by the company and 10 filed against it. Most are in the district courts.
MGB Finlease was incorporated on 24 September 1996, making it 30+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of MGB Finlease by revenue are Status Mark Finvest Limited, Nova Vyapar Pvt Ltd, Step Two Corporation Ltd, Gurudev Financial Services Private Limited, Colama Commercial Co Ltd and 2 more, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Shyam Sunder ceased to be Director on 16 Apr 2019. Ashok Kumar ceased to be Additional Director on 22 Jun 2013. Inderjeet Wadhwa ceased to be Additional Director on 22 Jun 2013. MGB Finlease has 7 board changes on record in total.
The registered office of MGB Finlease is at B – 25 Manak Vihar Extension Hari Nagar, Delhi, India – 110018.
MGB Finlease operates in the financial services industry, in the nbfc segment.
The compliance status of MGB Finlease is compliant as of 14 August 2026. The company is actively filing with the Registrar of Companies.
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