Midland Microfin Limited Company Logo

Midland Microfin Limited - Company Profile

It is a financial services public limited company based in Jalandhar, Punjab, India, established in 1988.

1988 | Jalandhar, Punjab, India | Active
Last Updated:

About Midland Microfin Limited

Midland Microfin Limited, a active public limited company, was established on 27 May 1988 in Jalandhar, Punjab, India. Engaging in microfinance institutions within the financial and insurance service sector, it holds CIN: U65921PB1988PLC008430. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹128.00 Cr and a paid-up capital of ₹103.14 Cr.

Formerly known as Sajan Hire Purchase Limited. It upholds a compliant status. Employing 5,281 professional, Its leadership includes Kamna Raj Aggarwalla (Director), Santokh Singh Chhokar (Director), Amardeep Singh Samra (Managing Director). Past directors included Shant Kumar Gupta, Kamna Raj Aggarwalla, Roopkiran Chandi. It holds ₹3,741.37 Cr open charges and ₹3,656.93 Cr settled loans. Its latest AGM occurred on 24 September 2024, with the balance sheet filed on 31 March 2024. It is based at The Axis, Plot No.1, R.B. Badri Dass Colony, G.T Road, Jalandhar, Punjab, 144001.

Company Details

  • CIN/LLPIN

    U65921PB1988PLC008430

  • Registration Number

    008430

  • Incorporation Date

    27 May 1988

  • Authorized Capital

    ₹128.00 Cr

  • Paid-Up Capital

    ₹103.14 Cr

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 128.00 Cr
  • Paid Up Capital ₹ 103.14 Cr
  • Company Age 37 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3,741.37 Cr
  • Satisfied Charges ₹ 3,656.93 Cr
  • Revenue Growth 34.91%
  • Profit Growth 54.07%
  • Ebitda 29.71%
  • Net Worth 40.36%
  • Total Assets 31.72%
Company report

Midland Microfin Limited

Company Report FY 2025-2026

Explore comprehensive insights into Midland Microfin 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 Midland Microfin Limited?

Current Directors

NameDesignationAppointment DateStatus
Kamna Raj AggarwallaDirector17 Aug 2016Current
Santokh Singh ChhokarDirector21 Dec 2021Current
Amardeep Singh SamraManaging Director07 Jun 2010Current
Ashwani Kumar JindalDirector11 Aug 2022Current
Parveen Kumar GuptaDirector21 Dec 2021Current
Sachin Nithyanand KamathNominee Director31 Mar 2016Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director17 Sep 2019Past
Pramod AbcsddAdditional Director22 Sep 2016Past
Pramod AbcsddAdditional Director01 Sep 2011Past
Pramod AbcsddDirector04 Jun 2010Past
Pramod AbcsddAdditional Director24 Sep 2022Past
Pramod AbcsddAdditional Director30 Aug 2010Past

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Financial Performance of Midland Microfin.

Midland Microfin Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 34.91% increase. The company also saw a substantial improvement in profitability, with a 54.07% increase in profit. The company's net worth Soared by an impressive increase of 40.36%.

Midland Microfin revenue growth over time
Midland Microfin profit and loss trends over time
  • 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
34.91%
Revenue from Operations
34.60%
Total Assets
31.72%
Profit or Loss
54.07%
Net Worth
40.36%
EBITDA
29.71%

What is the Ownership and Shareholding Structure of Midland Microfin?

In 2024, Midland Microfin had a promoter holding of 21.41% and a public holding of 78.58%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹37,413,675,000.00

Satisfied Charges

₹36,569,293,944.00

Charges Breakdown by Lending Institutions

  • Others : 2819.27 Cr
  • State Bank Of India : 415.53 Cr
  • Sidbi : 220.00 Cr
  • Indian Overseas Bank : 110.00 Cr
  • Hdfc Bank Limited : 50.00 Cr
  • Others : 126.57 Cr

Latest Charge Details

DateLenderAmountStatus
14 Oct 2025Others₹15.00 CrOpen
30 Sep 2025Others₹50.00 CrOpen
25 Sep 2025Others₹50.00 CrOpen
16 Sep 2025Others₹100.00 CrOpen
30 Aug 2025Others₹50.00 CrOpen

Explore comprehensive loan charge details -

How Many Employees Work at Midland Microfin?

Midland Microfin has a workforce of 5281 employees as of Nov 10, 2025. 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 growth trends for Midland Microfin Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Midland Microfin, 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 Midland Microfin's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Midland Microfin

Recent Activity within the Organization

  • Charges

    Progress on A charge registered on 21 Sep 2023 via Charge ID 100790106 with Others was fully satisfied on 24 Oct 2025. was documented.

  • Charges

    The activity A charge with Others of Rs. 41.37 Cr registered on 30 May 2023 with Charge ID 100733277 was modified on 18 Oct 2025. was completed.

  • Charges

    The activity A charge with Others of Rs. 4.48 Cr registered on 13 Jun 2024 with Charge ID 100942762 was modified on 17 Oct 2025. was completed.

  • Charges

    A charge with Others of Rs. 31.41 Cr registered on 12 Jun 2024 with Charge ID 100943011 was modified on 17 Oct 2025. was recorded as a recent event.

  • Charges

    Progress on A charge with Others amounted to Rs. 15.00 Cr with Charge ID 101170203 was registered on 14 Oct 2025. was documented.

  • Charges

    Progress on A charge registered on 27 Sep 2023 via Charge ID 100799804 with Others was fully satisfied on 14 Oct 2025. was documented.

Frequently Asked Questions

  • What is the CIN of Midland Microfin Limited?

    The CIN of Midland Microfin Limited is U65921PB1988PLC008430.

  • Where is Midland Microfin Limited headquartered?

    Midland Microfin Limited is headquartered at The Axis, Plot No.1, R.B. Badri Dass Colony, G.T Road, Jalandhar, Punjab, 144001.

  • When was Midland Microfin Limited incorporated?

    Midland Microfin Limited was incorporated on 27 May 1988.

  • Who are the current directors of Midland Microfin Limited?

    The current directors of Midland Microfin Limited are

  • What is the primary industry of Midland Microfin Limited?

    The primary industry of Midland Microfin Limited is Financial And Insurance Service.

  • Is Midland Microfin Limited a listed company?

    Midland Microfin Limited is unlisted.

  • What is the capital structure of Midland Microfin Limited?

    The authorized capital of Midland Microfin Limited is ₹128.00 Cr, and the paid-up capital is ₹103.14 Cr.

  • What is the compliance status of Midland Microfin Limited?

    The compliance status of Midland Microfin Limited is Compliant.

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