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
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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 ₹51.49 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 ₹3,534.88 Cr open charges and ₹4,040.27 Cr settled loans. Its latest AGM occurred on 29 September 2025, with the balance sheet filed on 31 March 2025. It is based at The Axis, Plot No.1, R.B. Badri Dass Colony, G.T Road, Jalandhar, Punjab, 144001.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U65921PB1988PLC008430

  • Registration Number

    008430

  • Incorporation Date

    27 May 1988

  • Authorized Capital

    ₹128.00 Cr

  • Paid-Up Capital

    ₹51.49 Cr

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 128.00 Cr
  • Paid Up Capital ₹ 51.49 Cr
  • Company Age 37 Year, 8 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 3,534.88 Cr
  • Satisfied Charges ₹ 4,040.27 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

Comprehensive Company Insights

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
Name Designation Appointment Date Status
Kamna Raj Aggarwalla Director 17 Aug 2016 Current
Santokh Singh Chhokar Director 21 Dec 2021 Current
Amardeep Singh Samra Managing Director 07 Jun 2010 Current
Ashwani Kumar Jindal Director 11 Aug 2022 Current
Parveen Kumar Gupta Director 21 Dec 2021 Current
Sachin Nithyanand Kamath Nominee Director 31 Mar 2016 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 17 Sep 2019 Past
Pramod Abcsdd Additional Director 22 Sep 2016 Past
Pramod Abcsdd Additional Director 01 Sep 2011 Past
Pramod Abcsdd Director 04 Jun 2010 Past
Pramod Abcsdd Additional Director 24 Sep 2022 Past
Pramod Abcsdd Additional Director 30 Aug 2010 Past

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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
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
  • 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
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 34.91%
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Revenue from Operations
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 34.60%
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*******
Total Assets
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 31.72%
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*******
Profit or Loss
*******
 54.07%
*******
*******
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Net Worth
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 40.36%
*******
*******
*******
*******
EBITDA
*******
 29.71%
*******
*******
*******
*******

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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 Pattern (FY 2024)
shareholding
  • 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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Charges (Loans)
Open Charges

₹35,348,775,000.00

Satisfied Charges

₹40,402,693,944.00

Charges Breakdown by Lending Institutions
  • Others : 2712.78 Cr
  • State Bank Of India : 315.53 Cr
  • Sidbi : 220.00 Cr
  • Indian Overseas Bank : 110.00 Cr
  • Hdfc Bank Limited : 50.00 Cr
  • Others : 126.57 Cr
Latest Charge Details
Date Lender Amount Status
26 Dec 2025 Others ₹15.00 Cr Open
26 Dec 2025 Others ₹7.50 Cr Open
24 Dec 2025 Others ₹50.00 Cr Open
24 Nov 2025 Others ₹50.00 Cr Open
18 Nov 2025 Others ₹50.00 Cr Open

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How Many Employees Work at Midland Microfin?

Midland Microfin has a workforce of 5281 employees as of Jan 16, 2026. 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
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.

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Latest Updates, News, and FAQs on Midland Microfin
Recent Activity within the Organization
  • Charges

    The activity A charge registered on 07 Sep 2022 via Charge ID 100605465 with State Bank Of India was fully satisfied on 02 Jan 2026. was completed.

  • Charges

    The activity A charge registered on 29 Aug 2023 via Charge ID 100775414 with Others was fully satisfied on 29 Dec 2025. was completed.

  • Charges

    Progress on A charge with Others amounted to Rs. 15.00 Cr with Charge ID 101208086 was registered on 26 Dec 2025. was documented.

  • Charges

    A charge with Others amounted to Rs. 7.50 Cr with Charge ID 101214548 was registered on 26 Dec 2025. was recorded as a recent event.

  • Charges

    Progress on A charge with Others amounted to Rs. 50.00 Cr with Charge ID 101213603 was registered on 24 Dec 2025. was documented.

  • Charges

    A charge registered on 30 Oct 2023 via Charge ID 100813032 with Others was fully satisfied on 22 Dec 2025. was recorded as a recent event.

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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 ₹51.49 Cr.

What is the compliance status of Midland Microfin Limited?

The compliance status of Midland Microfin Limited is Compliant.

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