About Minolta Finance Ltd
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Minolta Finance Ltd is a public limited company based in Kolkata, West Bengal, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 15 January 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN L65921WB1993PLC057502. It is a listed company as per MCA records. Its shares are listed on BSE: 532164.
The company has an authorised share capital of ₹70.2 Cr and a paid-up capital of ₹10 Cr. It is led by directors including Papiya Nandy and Kunjal Arvind Gala.
Its last annual general meeting (AGM) was held on 19 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Unique Pearl Bl – A Hatiara Roy Para, Kolkata, West Bengal, India – 700157.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.02 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹1.21 Lakh (net margin 1.2%) and EBITDA of ₹14.19 Lakh (EBITDA margin 13.9%).
The company is associated with 1 brand: Minolta Finance. Court records list 14 cases involving the company, including 11 filed by the company and 3 filed against it; 1 case is pending. The company has 17 deals on record (17 market trades); the latest was in September 2026. Its 7 peer companies in the BFSI industry (Finance, NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities) are compared by revenue, 4 larger and 3 smaller; the largest is Ellora Tower & Resources Pvt Ltd with revenue of ₹1.02 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website minolta.co.in.
Company details
CIN history
Minolta Finance has one previous CIN (Corporate Identification Number): U65921WB1993PLC057502. The current CIN is L65921WB1993PLC057502, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L65921WB1993PLC057502 | Current |
| U65921WB1993PLC057502 | Previous |
Contact details
Minolta Finance Ltd's registered office is in Kolkata, West Bengal. Its website is minolta.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnique Pearl Bl – A Hatiara Roy Para, Kolkata, West Bengal, India – 700157
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Minolta Finance Ltd, 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
Brands
Minolta Finance operates one associated brand: Minolta Finance. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Investment management, loan lending, and financial services are provided. | minolta.co.in |
Business activity
The main business activity of Minolta Finance 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 Minolta Finance Ltd, buy the company report.
Financials of Minolta Finance Ltd
FY 2025 filings availableMinolta Finance Ltd reported revenue of ₹1.02 Cr (up 34% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 34% in the latest year. EBITDA rose 103% in the latest 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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| Total Expenses | |||||
| EBITDA | ₹14.19 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.21 Lakh | ||||
| Balance Sheet | |||||
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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 | 13.9% | ||||
| Net Profit Margin | 1.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Minolta Finance Ltd, buy the company report.
Board of directors of Minolta Finance Ltd
Minolta Finance has 7 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Papiya Nandy | Director | 14 Feb 2019 | 7 Years 8 Months | Current |
| Kunjal Arvind Gala | Director | 14 Nov 2024 | 1 Years 11 Months | Current |
| Manmohan Jindal | Director | 14 Nov 2024 | 1 Years 11 Months | Current |
| Mahesh Manharlal Shah Also directs: India Home Loan Limited | Director | 14 Nov 2024 | 1 Years 11 Months | Current |
| Kinjal Darshit Parkhiya Also directs: Tirupati Fincorp Limited, CRP Risk Management Limited, Max Earth Resources Limited and 2 more | Director | 04 Dec 2024 | 1 Years 10 Months | Current |
| Forum Jigar Gada | Director | 04 Dec 2024 | 1 Years 10 Months | Current |
Peer comparison
Minolta Finance Ltd is compared with the 7 companies closest to it by revenue in the BFSI industry (Finance, 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 |
|---|---|---|---|---|---|---|
| Ellora Tower & Resources Pvt Ltd | ₹1.02 Cr (FY 2025) | 54.0% | Mumbai, Maharashtra, India | |||
| Panchmukhi Properties Private Limited | ₹1.02 Cr (FY 2024) | 176.0% | Kolkata, West Bengal, India | |||
| Panafic Industrials Limited | ₹1.02 Cr (FY 2019) | -6.0% | New Delhi, Delhi, India | |||
| Parishek Finance Private Ltd | ₹1.02 Cr (FY 2025) | -40.0% | Delhi, India | |||
| Minolta Finance Ltdthis company | ₹1.02 Cr (FY 2025) | ₹1.21 Lakh | 1.2% | 34.0% | Kolkata, West Bengal, India | |
| Total Finance and Credit Private Limited | ₹1.02 Cr (FY 2025) | 721.0% | Delhi, India | |||
| Startrack Vinimay Pvt Ltd | ₹1.02 Cr (FY 2021) | -75.0% | Kolkata, West Bengal, India | |||
| Ekdanta Impex Pvt Ltd | ₹1.02 Cr (FY 2025) | 7.0% | West Bengal, India |
To see the full peer comparison of Minolta Finance Ltd, buy the company report.
Auditor
Minolta Finance Ltd is audited by M.K.PODDAR & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M.K.PODDAR & ASSOCIATES | FY 2019 | 327104E |
Shareholding
The shareholding of Minolta Finance Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Minolta Finance Ltd, buy the company report.
Deals & funding
Minolta Finance Ltd has 17 deals on record (17 market trades); the latest was in September 2026.
Deals on record (5 of 17)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2026 | Market trade | ₹57.8 Lakh | Buyer: Tirupati Fincorp Limited Seller: Tirupati Fincorp Limited , an individual |
| Aug 2026 | Market trade | ₹8.5 Lakh | Buyer: Comely Electrical Private Limited Seller: Better Mercantile Private Limited |
| Aug 2026 | Market trade | ₹14.7 Lakh | Buyer: Comely Electrical Private Limited |
| Aug 2026 | Market trade | ₹8.6 Lakh | Buyer: Comely Electrical Private Limited |
| Aug 2026 | Market trade | ₹7.9 Lakh | Seller: Bobros Consultancy Services Private Limited |
To see the full deal history of Minolta Finance Ltd, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Minolta Finance Ltd has 14 court cases on record: 11 filed by Minolta Finance, 3 filed against it. 1 case is pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 1 | 1 |
| NCLT | 4 | 2 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Ahmedabad | Insolvency matter | Filed by the company against Welpack Ppolymers Limited | Disposed |
| NCLT, Ahmedabad | Insolvency matter | Filed against the company by Suman Towers Private Limited | Disposed |
| NCLT, Ahmedabad | Insolvency matter | Filed against the company by Welpack Ppolymers Limited | Disposed |
| NCLT, Ahmedabad | Insolvency matter | Filed by the company against Welpack Ppolymers Limited | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by J.P. Roychowdhury , Asst, Registrar of Companies | Pending |
To see the full case history of Minolta Finance Ltd, 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 Minolta Finance Ltd; 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 Minolta Finance Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Minolta Finance Ltd has 28 board changes on record since 1998: 18 appointments and 10 cessations. The latest: Pankaj Kumar ceased to be Director on 10 Feb 2025.
19 earlier events are in the company report.
News
Frequently asked questions
Minolta Finance is an active public limited company based in Kolkata, West Bengal, India. The company works in nbfc, within the financial services industry. It was incorporated on 15 January 1993 (33+ years old) and is registered under CIN L65921WB1993PLC057502. Listed on BSE: 532164.
Minolta Finance has 7 current directors:
- Papiya Nandy - Director
- Kunjal Arvind Gala - Director
- Manmohan Jindal - Director
- Mahesh Manharlal Shah - Director
- Kinjal Darshit Parkhiya - Director
- Forum Jigar Gada - Director
- Arvind Jethalal Gala - Director
The latest financial statements of Minolta Finance on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 19 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Minolta Finance is L65921WB1993PLC057502. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Minolta Finance is a listed company as per MCA records. Its shares are listed on BSE (code: 532164).
Minolta Finance has 14 court cases on record: 11 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.
Minolta Finance was incorporated on 15 January 1993, making it 33+ years old. It is registered with the Registrar of Companies, Kolkata.
Minolta Finance has 17 deals on record (17 market trades); the latest was in September 2026.
The peers of Minolta Finance by revenue are Ellora Tower & Resources Pvt Ltd, Panchmukhi Properties Private Limited, Panafic Industrials Limited, Parishek Finance Private Ltd, Total Finance and Credit Private Limited and 2 more, all in the BFSI industry (Finance, NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Pankaj Kumar ceased to be Director on 10 Feb 2025. Swapna Singh ceased to be Additional Director on 07 Dec 2024. Forum Jigar Gada was appointed as Director on 04 Dec 2024. Minolta Finance has 28 board changes on record in total.
Minolta Finance can be reached through the website minolta.co.in. Its registered office is in Kolkata, West Bengal, India.
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