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ActiveChennai, Tamil NaduSince 1981

Mahaveer Finance India Limited

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Set up in 1981 in Chennai. It has pledged its assets against loans of up to ₹1,926.28 crore from 40 lenders.

CINU65191TN1981PLC008555
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45 years at a glance

Loans against its assets, and when today's people joined

19821984198619881990199219941996199820002002200420062008201020122014201620182020202220242026LOANS AGAINST ITS ASSETSTODAY'S PEOPLE, WHEN THEY JOINEDRegisteredState Bank of India, up to ₹29.5 crore, 29 Apr 1988 to 4 Jun 2025State Bank of India, up to ₹25 lakh, 29 Apr 1988 to 3 Jan 2015Punjab National Bank, up to ₹7 lakh, 19 May 1988 to 14 Mar 2014State Bank of India, up to ₹45 lakh, 18 Jan 1989 to 3 Jan 2015Punjab National Bank, up to ₹7 lakh, 25 Apr 1989 to 24 Mar 2014State Bank of India, up to ₹15 lakh, 16 Jun 1989 to 3 Jan 2015State Bank of India, up to ₹9 lakh, 2 Feb 1990 to 3 Jan 2015Indian Overseas Bank, up to ₹5 lakh, 6 Mar 1992 to 23 Dec 2014The Catholic Syrian Bank LTD, up to ₹25 lakh, 3 Jul 1992 to 31 Jan 2013The Federal Bank Limited Rajaram Mehta Nagar Branc, up to ₹25 lakh, 30 Oct 1992 to 11 Dec 2012Indian Overseas Bank, up to ₹2.2 crore, 4 Aug 1994 to 23 Dec 2014State Bank of Patiala, up to ₹2 crore, 22 Aug 1994 to 10 Jun 2014V. Kalyanakrishnan, up to ₹2 crore, 11 Sept 2000 to 19 Dec 2011L & T Finance Limited, up to ₹2 crore, 28 Sept 2007 to 4 Feb 2013The Catholic Syrian Bank LTD, up to ₹50 lakh, 31 Oct 2009 to 31 Jan 2013Punjab National Bank, up to ₹7.68 lakh, 5 Mar 2012 to 4 Mar 2015Punjab National Bank, up to ₹4.92 lakh, 29 Mar 2012 to 4 Mar 2015L & T Finance Limited, up to ₹1.5 crore, 29 May 2013 to 18 Nov 2015Ifmr Capital Finance Private Limited, up to ₹5 crore, 24 Feb 2015 to 1 Mar 2017Hinduja Leyland Finance Limited, up to ₹3 crore, 21 Apr 2015 to 21 May 2018Ifmr Capital Finance Private Limited, up to ₹5 crore, 26 Jun 2015 to 17 Aug 2015Ifmr Capital Finance Private Limited, up to ₹5 crore, 26 Jun 2015 to 21 Jun 2017Sundaram Finance Limited, up to ₹2.34 crore, 31 Aug 2015 to 31 May 2018DCB Bank Limited, up to ₹2.5 crore, 29 Sept 2015 to 9 Oct 2018Sundaram Finance Limited, up to ₹3.88 crore, 23 Dec 2015 to 21 Jan 2019Reliance Capital LTD, up to ₹3.5 crore, 31 Mar 2016 to 15 Nov 2018Sundaram Finance Limited, up to ₹4.8 crore, 25 Oct 2016 to 24 Feb 2020Ifmr Capital Finance Private Limited, up to ₹5 crore, 2 Dec 2016 to 20 Jun 2018Sundaram Finance Limited, up to ₹6.04 crore, 31 Jan 2017 to 24 Feb 2020AU Financiers (India) Limited, up to ₹5 crore, 25 Feb 2017 to 20 Mar 2019Manappuram Finance Limited, up to ₹5 crore, 3 Mar 2017 to 18 Sept 2020Mahindra and Mahindra Financial Services Limited, up to ₹5 crore, 20 Jun 2017 to 15 Jul 2019Ifmr Capital Finance Private Limited, up to ₹5 crore, 30 Jun 2017 to 25 Apr 2019Muthoot Capital Services Limited, up to ₹5 crore, 5 Dec 2017 to 13 Apr 2021Hinduja Leyland Finance Limited, up to ₹5 crore, 6 Mar 2018 to 21 Apr 2021Avanse Financial Services Limited, up to ₹5 crore, 23 Mar 2018 to 7 Jul 2021AU Small Finance Bank Limited, up to ₹5 crore, 23 Mar 2018 to 27 Jan 2021Northern Arc Capital Limited, up to ₹10 crore, 18 May 2018 to 25 Apr 2019AU Small Finance Bank Limited, up to ₹10 crore, 31 May 2018 to 16 Nov 2021Sundaram Finance Limited, up to ₹18 crore, 18 Jun 2018 to 18 Apr 2022A. K. Capital Finance Private Limited, up to ₹15 crore, 10 Aug 2018 to 7 Dec 2020Mahindra and Mahindra Financial Services Limited, up to ₹10 crore, 12 Sept 2018 to 20 Apr 2021Hinduja Leyland Finance Limited, up to ₹10 crore, 15 Oct 2018 to 26 Nov 2021Manappuram Finance Limited, up to ₹5 crore, 12 Nov 2018 to 15 Dec 2021AU Small Finance Bank Limited, up to ₹5 crore, 16 Nov 2018 to 17 Mar 2021Sundaram Finance Limited, up to ₹12.16 crore, 7 Dec 2018 to 8 Nov 2022Vivriti Capital Private Limited, up to ₹10 crore, 31 Dec 2018 to 14 Jul 2025Profectus Capital Private Limited, up to ₹2 crore, 11 Feb 2019 to 30 Dec 2020Fincare Small Finance Bank Limited, up to ₹10 crore, 21 Feb 2019 to 25 Feb 2021Muthoot Capital Services Limited, up to ₹7.5 crore, 5 Mar 2019 to 6 Feb 2025AU Small Finance Bank Limited, up to ₹5 crore, 19 Mar 2019 to 16 Nov 2021Esaf Small Finance Bank Limited, up to ₹5 crore, 30 Mar 2019 to 6 Dec 2021Muthoot Finance Limited, up to ₹5 crore, 4 Jun 2019 to 7 Jan 2021AU Small Finance Bank Limited, up to ₹10 crore, 24 Jun 2019 to 13 Jan 2022Hinduja Leyland Finance Limited, up to ₹6 crore, 29 Jun 2019 to 10 Nov 2022Indusind Bank Ltd., up to ₹10 crore, 26 Aug 2019 to 11 Jan 2023Ujjivan Small Finance Bank Limited, up to ₹10 crore, 27 Sept 2019 to 31 Dec 2021Muthoot Finance Limited, up to ₹5 crore, 17 Oct 2019 to 31 Jul 2021Northern Arc Capital Limited, up to ₹12 crore, 1 Nov 2019 to 6 Jan 2025Vivriti Capital Private Limited, up to ₹2 crore, 26 Nov 2019 to 14 Jul 2025Sundaram Finance Limited, up to ₹10 crore, 27 Nov 2019 to 28 Apr 2023Profectus Capital Private Limited, up to ₹3 crore, 30 Nov 2019 to 18 Jul 2022Fincare Small Finance Bank Limited, up to ₹8 crore, 30 Dec 2019 to 30 Dec 2021Hinduja Leyland Finance Limited, up to ₹10 crore, 31 Dec 2019 to 19 Apr 2023Utkarsh Small Finance Bank Limited, up to ₹6 crore, 29 Jan 2020 to 28 Mar 2023Catalyst Trusteeship Limited, up to ₹5 crore, 24 Aug 2020 to 8 May 2023Vistra Itcl (India) Limited, up to ₹10 crore, 31 Aug 2020 to 22 Dec 2022Catalyst Trusteeship Limited, up to ₹5 crore, 8 Sept 2020 to 8 May 2023Catalyst Trusteeship Limited, up to ₹15 crore, 8 Sept 2020 to 8 May 2023Sundaram Finance Limited, up to ₹5 crore, 17 Sept 2020 to 17 Oct 2023Catalyst Trusteeship Limited, up to ₹15 crore, 28 Oct 2020 to 7 Aug 2023Incred Financial Services Limited, up to ₹10 crore, 12 Nov 2020 to 21 Jul 2023Vivriti Capital Private Limited, up to ₹5 crore, 19 Nov 2020 to 23 Aug 2024Esaf Small Finance Bank Limited, up to ₹10 crore, 9 Dec 2020 to 27 Dec 2023AU Small Finance Bank Limited, up to ₹7 crore, 17 Dec 2020 to 1 Aug 2023Caspian Impact Investments Private Limited, up to ₹7 crore, 24 Dec 2020 to 24 Jan 2025Ikf Finance Limited, up to ₹5 crore, 30 Dec 2020 to 18 Feb 2025Northern Arc Capital Limited, up to ₹10 crore, 29 Jan 2021 to 4 Jun 2024Northern Arc Capital Limited, up to ₹10 crore, 6 Mar 2021 to 4 Jun 2024Sundaram Finance Limited, up to ₹10 crore, 10 Mar 2021 to 18 Mar 2024Mas Financial Services Limited, up to ₹5 crore, 16 Mar 2021 to 8 Apr 2024Mas Financial Services Limited, up to ₹5 crore, 16 Mar 2021 to 8 Apr 2024Western Capital Advisors Private Limited, up to ₹5 crore, 24 Mar 2021 to 26 Jul 2023Hinduja Leyland Finance Limited, up to ₹13 crore, 31 Mar 2021 to 12 Mar 2024Suryoday Small Finance Bank Limited, up to ₹5 crore, 8 May 2021 to 14 Jun 2023Growth Source Financial Technologies Private Limited, up to ₹5 crore, 24 May 2021 to 26 Jul 2023Ujjivan Small Finance Bank Limited, up to ₹10 crore, 14 Jun 2021 to 6 Jun 2023Northern Arc Capital Limited, up to ₹15 crore, 25 Aug 2021 to 18 Sept 2024Vardhman Trusteeship Private Limited, up to ₹6 crore, 31 Aug 2021 to 22 Jul 2024Vardhman Trusteeship Private Limited, up to ₹14 crore, 31 Aug 2021 to 30 Mar 2023Criss Financial Limited, up to ₹10 crore, 31 Aug 2021 to 20 Apr 2023Muthoot Finance Limited, up to ₹10 crore, 15 Sept 2021 to 21 Jul 2023Vivriti Capital Private Limited, up to ₹5 crore, 22 Sept 2021 to 23 Aug 2024Kisetsu Saison Finance (India) Private Limited, up to ₹8 crore, 30 Sept 2021 to 5 Oct 2023Vivriti Capital Private Limited, up to ₹5 crore, 15 Oct 2021 to 23 Aug 2024Vivriti Capital Private Limited, up to ₹5 crore, 15 Oct 2021 to 23 Aug 2024AU Small Finance Bank Limited, up to ₹10 crore, 30 Oct 2021 to 1 Aug 2023AU Small Finance Bank Limited, up to ₹90,000, 15 Nov 2021 to still openKotak Mahindra Investments Limited, up to ₹10 crore, 19 Nov 2021 to 23 Feb 2023Esaf Small Finance Bank Limited, up to ₹10 crore, 22 Nov 2021 to 21 Dec 2024Vardhman Trusteeship Private Limited, up to ₹9.32 crore, 24 Nov 2021 to 20 Jun 2025State Bank of India, up to ₹15 crore, 22 Dec 2021 to 23 Jun 2025Sundaram Finance Limited, up to ₹5 crore, 28 Jan 2022 to 5 Feb 2025DCB Bank Limited, up to ₹13.94 crore, 10 Feb 2022 to still openPunjab National Bank, up to ₹13.7 lakh, 5 Mar 2022 to 26 Jun 2025Vardhman Trusteeship Private Limited, up to ₹15 crore, 15 Mar 2022 to still openTata Capital Financial Services Limited, up to ₹5 crore, 25 Mar 2022 to 23 Aug 2023Indian Overseas Bank, up to ₹15 crore, 30 Mar 2022 to 18 Nov 2025Oxyzo Financial Services Private Limited, up to ₹10 crore, 25 May 2022 to 7 Jan 2025Ikf Finance Limited, up to ₹5 crore, 28 Jul 2022 to 18 Aug 2025Muthoot Finance Limited, up to ₹5 crore, 1 Aug 2022 to 5 Mar 2024Shriram Transport Finance Company Limited, up to ₹25 crore, 8 Aug 2022 to 19 Aug 2024Rar Fincare Limited, up to ₹2 crore, 10 Aug 2022 to 17 Nov 2025AU Small Finance Bank Limited, up to ₹10 crore, 29 Aug 2022 to 23 Sept 2024Vivriti Capital Private Limited, up to ₹6 crore, 30 Aug 2022 to 22 Jul 2025Vivriti Capital Private Limited, up to ₹6 crore, 30 Aug 2022 to 22 Jul 2025Nabsamruddhi Finance Limited, up to ₹15 crore, 12 Sept 2022 to 28 Nov 2025Mas Financial Services Limited, up to ₹5 crore, 30 Sept 2022 to 21 Nov 2025Mas Financial Services Limited, up to ₹5 crore, 30 Sept 2022 to 21 Nov 2025Mas Financial Services Limited, up to ₹5 crore, 30 Sept 2022 to 21 Nov 2025Manappuram Finance Limited, up to ₹15 crore, 28 Oct 2022 to 19 Nov 2025Utkarsh Small Finance Bank Limited, up to ₹10 crore, 29 Oct 2022 to 26 Apr 2025Cholamandalam Investment and Finance Company Limited, up to ₹10 crore, 23 Nov 2022 to 13 Feb 2026Mahindra and Mahindra Financial Services Limited, up to ₹20 crore, 26 Nov 2022 to 30 Oct 2025Muthoot Finance Limited, up to ₹12 crore, 6 Dec 2022 to 9 Dec 2024Tata Capital Financial Services Limited, up to ₹5 crore, 13 Dec 2022 to 4 Feb 2026Incred Financial Services Limited, up to ₹15 crore, 29 Dec 2022 to 30 Jul 2025Muthoot Vehicle & Asset Finance Limited, up to ₹10 crore, 6 Feb 2023 to 31 Jul 2024Protium Finance Limited, up to ₹10 crore, 20 Feb 2023 to 7 Apr 2025Hinduja Leyland Finance Limited, up to ₹15 crore, 22 Feb 2023 to 10 Jun 2026AU Small Finance Bank Limited, up to ₹10 crore, 24 Feb 2023 to 10 Oct 2025Oxyzo Financial Services Private Limited, up to ₹10 crore, 28 Feb 2023 to 11 Sept 2025Stci Finance Limited, up to ₹15 crore, 6 Mar 2023 to still openMas Financial Services Limited, up to ₹5 crore, 24 Mar 2023 to 8 Apr 2026Mas Financial Services Limited, up to ₹5 crore, 24 Mar 2023 to 8 Apr 2026Iffco Kisan Finance Limited, up to ₹15 crore, 28 Mar 2023 to 31 Mar 2026Electronica Finance Limited, up to ₹5 crore, 26 May 2023 to 26 Jun 2026Suryoday Small Finance Bank Limited, up to ₹14.5 crore, 29 May 2023 to 6 Jun 2025Hinduja Leyland Finance Limited, up to ₹10 crore, 7 Jun 2023 to still openMas Financial Services Limited, up to ₹5 crore, 24 Jun 2023 to still openMas Financial Services Limited, up to ₹5 crore, 24 Jun 2023 to still openCapital Small Finance Bank Limited, up to ₹10 crore, 27 Jun 2023 to 8 Jul 2026Vivriti Capital Limited, up to ₹15 crore, 28 Jun 2023 to 20 Feb 2026Kisetsu Saison Finance (India) Private Limited, up to ₹12.5 crore, 29 Jun 2023 to 19 Dec 2025JM Financial Products Limited, up to ₹10 crore, 13 Jul 2023 to 17 Nov 2025Bajaj Finance Limited, up to ₹10 crore, 24 Jul 2023 to 30 Dec 2025Fincare Small Finance Bank Limited, up to ₹15 crore, 25 Jul 2023 to 28 Jul 2025HDFC Bank Limited, up to ₹12 crore, 26 Jul 2023 to 17 Feb 2026Punjab Reliable Investments PVT LTD, up to ₹3 crore, 29 Jul 2023 to 11 Aug 2026Tata Capital Financial Services Limited, up to ₹6.67 crore, 31 Aug 2023 to 4 Feb 2026Oxyzo Financial Services Private Limited, up to ₹10 crore, 21 Sept 2023 to 8 Apr 2026Yes Bank Limited, up to ₹20 crore, 28 Sept 2023 to 27 Apr 2026Esaf Small Finance Bank Limited, up to ₹18 crore, 29 Sept 2023 to still openSbicap Trustee Company Limited, up to ₹17.5 crore, 28 Oct 2023 to still openAU Small Finance Bank Limited, up to ₹20 crore, 28 Nov 2023 to still openThe Federal Bank LTD, up to ₹10 crore, 30 Nov 2023 to still openMas Financial Services Limited, up to ₹5 crore, 21 Dec 2023 to still openMas Financial Services Limited, up to ₹10 crore, 21 Dec 2023 to still openCaspian Impact Investments Private Limited, up to ₹14 crore, 29 Dec 2023 to still openSmall Industries Development Bank of India, up to ₹20 crore, 29 Jan 2024 to still openIDFC First Bank Limited, up to ₹65 crore, 6 Mar 2024 to still openHDFC Bank Limited, up to ₹1 crore, 18 Mar 2024 to still openStci Finance Limited, up to ₹10 crore, 21 Mar 2024 to still openIndian Overseas Bank, up to ₹25 crore, 21 Mar 2024 to still openOxyzo Financial Services Limited, up to ₹10 crore, 22 Mar 2024 to still openKotak Mahindra Investments Limited, up to ₹30 crore, 26 Mar 2024 to 16 Feb 2026Catalyst Trusteeship Limited, up to ₹13.4 crore, 28 Mar 2024 to 6 Oct 2025Piramal Trusteeship Services Private Limited, up to ₹20 crore, 16 May 2024 to still openBajaj Finance Limited, up to ₹10 crore, 22 May 2024 to still openAmbit Finvest Private Limited, up to ₹12.5 crore, 19 Jun 2024 to still openMuthoot Finance Limited, up to ₹10 crore, 22 Jun 2024 to 25 Jun 2026Kisetsu Saison Finance (India) Private Limited, up to ₹20 crore, 24 Jun 2024 to still openCapital Small Finance Bank Limited, up to ₹10 crore, 26 Jun 2024 to still openMas Financial Services Limited, up to ₹7.5 crore, 28 Jun 2024 to still openMas Financial Services Limited, up to ₹7.5 crore, 28 Jun 2024 to still openManappuram Finance Limited, up to ₹15 crore, 29 Jun 2024 to still openMitcon Credentia Trusteeship Services Limited, up to ₹20 crore, 3 Jul 2024 to 27 Aug 2026The Federal Bank LTD, up to ₹15 crore, 12 Jul 2024 to still openJana Small Finance Bank Limited, up to ₹30 crore, 26 Jul 2024 to 3 Sept 2026Utkarsh Small Finance Bank Limited, up to ₹20 crore, 29 Jul 2024 to still openTata Capital Limited, up to ₹7.5 crore, 30 Jul 2024 to still openBandhan Bank Limited, up to ₹15 crore, 30 Jul 2024 to still openAU Small Finance Bank Limited, up to ₹50 crore, 21 Aug 2024 to still openSBM Bank (India) Limited, up to ₹10 crore, 30 Aug 2024 to still openNabsamruddhi Finance Limited, up to ₹20 crore, 10 Sept 2024 to still openOxyzo Financial Services Limited, up to ₹10 crore, 29 Oct 2024 to still openThe Federal Bank LTD, up to ₹10 crore, 29 Nov 2024 to still openEquitas Small Finance Bank Limited, up to ₹15 crore, 18 Dec 2024 to still openKotak Mahindra Investments Limited, up to ₹30 crore, 19 Dec 2024 to still openIndian Overseas Bank, up to ₹30 crore, 9 Jan 2025 to still openEsaf Small Finance Bank Limited, up to ₹20 crore, 10 Jan 2025 to still openYes Bank Limited, up to ₹10 crore, 17 Jan 2025 to 10 Aug 2026Mitcon Credentia Trusteeship Services Limited, up to ₹25 crore, 18 Feb 2025 to still openIDFC First Bank Limited, up to ₹50 crore, 26 Feb 2025 to still openCapital Small Finance Bank Limited, up to ₹10 crore, 10 Mar 2025 to still openSIDBI, up to ₹25 crore, 20 Mar 2025 to still openAU Small Finance Bank Limited, up to ₹25 crore, 21 Mar 2025 to still openAU Small Finance Bank Limited, up to ₹10 crore, 21 Mar 2025 to still openOxyzo Financial Services Limited, up to ₹10 crore, 28 Mar 2025 to still openBajaj Finance Limited, up to ₹15 crore, 28 Apr 2025 to still openVardhman Trusteeship Private Limited, up to ₹20 crore, 15 May 2025 to still openDCB Bank Limited, up to ₹9 crore, 7 Jul 2025 to 15 Jun 2026Capital Small Finance Bank Limited, up to ₹15 crore, 24 Jul 2025 to still openStci Finance Limited, up to ₹15 crore, 30 Jul 2025 to still openHero Fincorp Limited, up to ₹50 crore, 28 Aug 2025 to still openSBM Bank (India) Limited, up to ₹20 crore, 1 Sept 2025 to still openKisetsu Saison Finance (India) Private Limited, up to ₹25 crore, 22 Sept 2025 to still openBandhan Bank Limited, up to ₹15 crore, 29 Sept 2025 to still openMitcon Credentia Trusteeship Services Limited, up to ₹60 crore, 29 Sept 2025 to still openAU Small Finance Bank Limited, up to ₹25 crore, 30 Sept 2025 to still openSbicap Trustee Company Limited, up to ₹45 crore, 15 Oct 2025 to still openIndian Overseas Bank, up to ₹18 crore, 15 Oct 2025 to still openIndian Overseas Bank, up to ₹45 lakh, 15 Oct 2025 to still openJana Small Finance Bank Limited, up to ₹50 crore, 30 Oct 2025 to still openSuryoday Small Finance Bank Limited, up to ₹25 crore, 31 Oct 2025 to still openIndian Overseas Bank, up to ₹10 crore, 5 Nov 2025 to still openIndian Overseas Bank, up to ₹90 crore, 5 Nov 2025 to still openIndian Overseas Bank, up to ₹38.25 lakh, 2 Dec 2025 to still openMaanaveeya Development & Finance Private Limited, up to ₹30 crore, 17 Dec 2025 to still openSundaram Finance Limited, up to ₹25 crore, 27 Feb 2026 to still openCapital Small Finance Bank Limited, up to ₹10 crore, 10 Mar 2026 to still openAU Small Finance Bank Limited, up to ₹25 crore, 26 Mar 2026 to still openNorthern Arc Capital Limited, up to ₹10 crore, 30 Mar 2026 to still openSundaram Finance Limited, up to ₹25 crore, 29 Apr 2026 to still openIDFC First Bank Limited, up to ₹10 crore, 12 May 2026 to still openIDFC First Bank Limited, up to ₹100 crore, 12 May 2026 to still openBajaj Finance Limited, up to ₹20 crore, 22 May 2026 to still openMitcon Credentia Trusteeship Services Limited, up to ₹65 crore, 25 May 2026 to still openKisetsu Saison Finance (India) Private Limited, up to ₹30 crore, 18 Jun 2026 to still openAnand Rathi Global Finance Limited, up to ₹25 crore, 25 Jun 2026 to still openNorthern Arc Capital Limited, up to ₹43 crore, 29 Jun 2026 to still openMas Financial Services Limited, up to ₹30 crore, 30 Jun 2026 to still openTata Capital Limited, up to ₹25 crore, 30 Jun 2026 to still openAmbit Finvest Private Limited, up to ₹20 crore, 28 Jul 2026 to still openCatalyst Trusteeship Limited, up to ₹70 crore, 10 Aug 2026 to still openNabkisan Finance Limited, up to ₹40 crore, 25 Aug 2026 to still openSK Finance Limited, up to ₹25 crore, 27 Aug 2026 to still openMahaveerchand Dugar, Whole-time director, joined 1 Oct 1987Deepak Dugar, Managing Director, joined 23 May 1996Mahaveerchand Dugar Praveen Dugar, Whole-time director, joined 29 Jan 2005Rakesh Kumar Bhutoria, Nominee Director, joined 10 Aug 2023Krishan Kant Rathi, Nominee Director, joined 9 Aug 2024Chandrasekaran Chandramouli, Director, joined 9 Aug 2024Vishal Kumar Gupta, Nominee Director, joined 9 Aug 2024Babuji Kalyanaraman, Director, joined 30 May 2025Mridul Arora, Nominee Director, joined 28 Aug 2025
RegisteredLoan still openLoan paid offSomeone joined, and is still there
  • 1981Registered on 5 Jan 1981.
  • 2026Its biggest loan against assets, ₹100 crore with IDFC First Bank Limited, is still open.

Who runs it

Listed from each person's own record on MCA's register, so someone may be missing. Open the company in Entiva for the full list.

  • 4 Nominee Director
  • 2 Director
  • 2 Whole-time director
  • 1 Managing Director

  • Mridul Arora

    Nominee Directorsince 28 Aug 202512 other companies

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  • Babuji Kalyanaraman

    Directorsince 30 May 2025

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  • Krishan Kant Rathi

    Nominee Directorsince 9 Aug 202412 other companies

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  • Chandrasekaran Chandramouli

    Directorsince 9 Aug 20244 other companies

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  • Vishal Kumar Gupta

    Nominee Directorsince 9 Aug 20245 other companies

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  • Rakesh Kumar Bhutoria

    Nominee Directorsince 10 Aug 20232 other companies

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All 9 people

  • Mahaveerchand Dugar Praveen Dugar

    Whole-time directorsince 29 Jan 2005

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  • Deepak Dugar

    Managing Directorsince 23 May 19962 other companies

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  • Mahaveerchand Dugar

    Whole-time directorsince 1 Oct 19871 other company

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Who has lent to it

₹1,926.28 crorein loans backed by its assets, from 40 lenders

  • IDFC First Bank Limited₹225 crore

    4 open loans, taken out 2024 to 2026

  • Indian Overseas Bank₹173.83 crore

    7 open loans, taken out 2024 to 2025

  • AU Small Finance Bank Limited₹155.01 crore

    7 open loans, taken out 2021 to 2026

  • Mitcon Credentia Trusteeship Services Limited₹150 crore

    3 open loans, taken out 2025 to 2026

  • Kisetsu Saison Finance (India) Private Limited₹75 crore

    3 open loans, taken out 2024 to 2026

  • Catalyst Trusteeship Limited₹70 crore

    Open, taken out 10 Aug 2026

  • Mas Financial Services Limited₹70 crore

    7 open loans, taken out 2023 to 2026

  • Sbicap Trustee Company Limited₹62.5 crore

    2 open loans, taken out 2023 to 2025

  • Northern Arc Capital Limited₹53 crore

    2 open loans, taken out in 2026

  • Sundaram Finance Limited₹50 crore

    2 open loans, taken out in 2026

  • Jana Small Finance Bank Limited₹50 crore

    Open, taken out 30 Oct 2025

  • Hero Fincorp Limited₹50 crore

    Open, taken out 28 Aug 2025

  • Bajaj Finance Limited₹45 crore

    3 open loans, taken out 2024 to 2026

  • Capital Small Finance Bank Limited₹45 crore

    4 open loans, taken out 2024 to 2026

  • Nabkisan Finance Limited₹40 crore

    Open, taken out 25 Aug 2026

  • Stci Finance Limited₹40 crore

    3 open loans, taken out 2023 to 2025

  • Esaf Small Finance Bank Limited₹38 crore

    2 open loans, taken out 2023 to 2025

  • Vardhman Trusteeship Private Limited₹35 crore

    2 open loans, taken out 2022 to 2025

  • The Federal Bank LTD₹35 crore

    3 open loans, taken out 2023 to 2024

  • Ambit Finvest Private Limited₹32.5 crore

    2 open loans, taken out 2024 to 2026

  • Tata Capital Limited₹32.5 crore

    2 open loans, taken out 2024 to 2026

  • Maanaveeya Development & Finance Private Limited₹30 crore

    Open, taken out 17 Dec 2025

  • Bandhan Bank Limited₹30 crore

    2 open loans, taken out 2024 to 2025

  • SBM Bank (India) Limited₹30 crore

    2 open loans, taken out 2024 to 2025

  • Oxyzo Financial Services Limited₹30 crore

    3 open loans, taken out 2024 to 2025

  • Kotak Mahindra Investments Limited₹30 crore

    Open, taken out 19 Dec 2024

  • SK Finance Limited₹25 crore

    Open, taken out 27 Aug 2026

  • Anand Rathi Global Finance Limited₹25 crore

    Open, taken out 25 Jun 2026

  • Suryoday Small Finance Bank Limited₹25 crore

    Open, taken out 31 Oct 2025

  • SIDBI₹25 crore

    Open, taken out 20 Mar 2025

  • Nabsamruddhi Finance Limited₹20 crore

    Open, taken out 10 Sept 2024

  • Utkarsh Small Finance Bank Limited₹20 crore

    Open, taken out 29 Jul 2024

  • Piramal Trusteeship Services Private Limited₹20 crore

    Open, taken out 16 May 2024

  • Small Industries Development Bank of India₹20 crore

    Open, taken out 29 Jan 2024

  • Equitas Small Finance Bank Limited₹15 crore

    Open, taken out 18 Dec 2024

  • Manappuram Finance Limited₹15 crore

    Open, taken out 29 Jun 2024

  • Caspian Impact Investments Private Limited₹14 crore

    Open, taken out 29 Dec 2023

  • DCB Bank Limited₹13.94 crore

    Open, taken out 10 Feb 2022

  • Hinduja Leyland Finance Limited₹10 crore

    Open, taken out 7 Jun 2023

  • HDFC Bank Limited₹1 crore

    Open, taken out 18 Mar 2024

152 earlier loans, now paid off
  • DCB Bank Limited7 Jul 2025 to 15 Jun 2026₹9 crore
  • Yes Bank Limited17 Jan 2025 to 10 Aug 2026₹10 crore
  • Jana Small Finance Bank Limited26 Jul 2024 to 3 Sept 2026₹30 crore
  • Mitcon Credentia Trusteeship Services Limited3 Jul 2024 to 27 Aug 2026₹20 crore
  • Muthoot Finance Limited22 Jun 2024 to 25 Jun 2026₹10 crore
  • Catalyst Trusteeship Limited28 Mar 2024 to 6 Oct 2025₹13.4 crore
  • Kotak Mahindra Investments Limited26 Mar 2024 to 16 Feb 2026₹30 crore
  • Yes Bank Limited28 Sept 2023 to 27 Apr 2026₹20 crore
  • Oxyzo Financial Services Private Limited21 Sept 2023 to 8 Apr 2026₹10 crore
  • Tata Capital Financial Services Limited31 Aug 2023 to 4 Feb 2026₹6.67 crore
  • Punjab Reliable Investments PVT LTD29 Jul 2023 to 11 Aug 2026₹3 crore
  • HDFC Bank Limited26 Jul 2023 to 17 Feb 2026₹12 crore
  • Fincare Small Finance Bank Limited25 Jul 2023 to 28 Jul 2025₹15 crore
  • Bajaj Finance Limited24 Jul 2023 to 30 Dec 2025₹10 crore
  • JM Financial Products Limited13 Jul 2023 to 17 Nov 2025₹10 crore
  • Kisetsu Saison Finance (India) Private Limited29 Jun 2023 to 19 Dec 2025₹12.5 crore
  • Vivriti Capital Limited28 Jun 2023 to 20 Feb 2026₹15 crore
  • Capital Small Finance Bank Limited27 Jun 2023 to 8 Jul 2026₹10 crore
  • Suryoday Small Finance Bank Limited29 May 2023 to 6 Jun 2025₹14.5 crore
  • Electronica Finance Limited26 May 2023 to 26 Jun 2026₹5 crore
  • Iffco Kisan Finance Limited28 Mar 2023 to 31 Mar 2026₹15 crore
  • Mas Financial Services Limited24 Mar 2023 to 8 Apr 2026₹5 crore
  • Mas Financial Services Limited24 Mar 2023 to 8 Apr 2026₹5 crore
  • Oxyzo Financial Services Private Limited28 Feb 2023 to 11 Sept 2025₹10 crore
  • AU Small Finance Bank Limited24 Feb 2023 to 10 Oct 2025₹10 crore
  • Hinduja Leyland Finance Limited22 Feb 2023 to 10 Jun 2026₹15 crore
  • Protium Finance Limited20 Feb 2023 to 7 Apr 2025₹10 crore
  • Muthoot Vehicle & Asset Finance Limited6 Feb 2023 to 31 Jul 2024₹10 crore
  • Incred Financial Services Limited29 Dec 2022 to 30 Jul 2025₹15 crore
  • Tata Capital Financial Services Limited13 Dec 2022 to 4 Feb 2026₹5 crore
  • Muthoot Finance Limited6 Dec 2022 to 9 Dec 2024₹12 crore
  • Mahindra and Mahindra Financial Services Limited26 Nov 2022 to 30 Oct 2025₹20 crore
  • Cholamandalam Investment and Finance Company Limited23 Nov 2022 to 13 Feb 2026₹10 crore
  • Utkarsh Small Finance Bank Limited29 Oct 2022 to 26 Apr 2025₹10 crore
  • Manappuram Finance Limited28 Oct 2022 to 19 Nov 2025₹15 crore
  • Mas Financial Services Limited30 Sept 2022 to 21 Nov 2025₹5 crore
  • Mas Financial Services Limited30 Sept 2022 to 21 Nov 2025₹5 crore
  • Mas Financial Services Limited30 Sept 2022 to 21 Nov 2025₹5 crore
  • Nabsamruddhi Finance Limited12 Sept 2022 to 28 Nov 2025₹15 crore
  • Vivriti Capital Private Limited30 Aug 2022 to 22 Jul 2025₹6 crore
  • Vivriti Capital Private Limited30 Aug 2022 to 22 Jul 2025₹6 crore
  • AU Small Finance Bank Limited29 Aug 2022 to 23 Sept 2024₹10 crore
  • Rar Fincare Limited10 Aug 2022 to 17 Nov 2025₹2 crore
  • Shriram Transport Finance Company Limited8 Aug 2022 to 19 Aug 2024₹25 crore
  • Muthoot Finance Limited1 Aug 2022 to 5 Mar 2024₹5 crore
  • Ikf Finance Limited28 Jul 2022 to 18 Aug 2025₹5 crore
  • Oxyzo Financial Services Private Limited25 May 2022 to 7 Jan 2025₹10 crore
  • Indian Overseas Bank30 Mar 2022 to 18 Nov 2025₹15 crore
  • Tata Capital Financial Services Limited25 Mar 2022 to 23 Aug 2023₹5 crore
  • Punjab National Bank5 Mar 2022 to 26 Jun 2025₹13.7 lakh
  • Sundaram Finance Limited28 Jan 2022 to 5 Feb 2025₹5 crore
  • State Bank of India22 Dec 2021 to 23 Jun 2025₹15 crore
  • Vardhman Trusteeship Private Limited24 Nov 2021 to 20 Jun 2025₹9.32 crore
  • Esaf Small Finance Bank Limited22 Nov 2021 to 21 Dec 2024₹10 crore
  • Kotak Mahindra Investments Limited19 Nov 2021 to 23 Feb 2023₹10 crore
  • AU Small Finance Bank Limited30 Oct 2021 to 1 Aug 2023₹10 crore
  • Vivriti Capital Private Limited15 Oct 2021 to 23 Aug 2024₹5 crore
  • Vivriti Capital Private Limited15 Oct 2021 to 23 Aug 2024₹5 crore
  • Kisetsu Saison Finance (India) Private Limited30 Sept 2021 to 5 Oct 2023₹8 crore
  • Vivriti Capital Private Limited22 Sept 2021 to 23 Aug 2024₹5 crore
  • Muthoot Finance Limited15 Sept 2021 to 21 Jul 2023₹10 crore
  • Vardhman Trusteeship Private Limited31 Aug 2021 to 22 Jul 2024₹6 crore
  • Vardhman Trusteeship Private Limited31 Aug 2021 to 30 Mar 2023₹14 crore
  • Criss Financial Limited31 Aug 2021 to 20 Apr 2023₹10 crore
  • Northern Arc Capital Limited25 Aug 2021 to 18 Sept 2024₹15 crore
  • Ujjivan Small Finance Bank Limited14 Jun 2021 to 6 Jun 2023₹10 crore
  • Growth Source Financial Technologies Private Limited24 May 2021 to 26 Jul 2023₹5 crore
  • Suryoday Small Finance Bank Limited8 May 2021 to 14 Jun 2023₹5 crore
  • Hinduja Leyland Finance Limited31 Mar 2021 to 12 Mar 2024₹13 crore
  • Western Capital Advisors Private Limited24 Mar 2021 to 26 Jul 2023₹5 crore
  • Mas Financial Services Limited16 Mar 2021 to 8 Apr 2024₹5 crore
  • Mas Financial Services Limited16 Mar 2021 to 8 Apr 2024₹5 crore
  • Sundaram Finance Limited10 Mar 2021 to 18 Mar 2024₹10 crore
  • Northern Arc Capital Limited6 Mar 2021 to 4 Jun 2024₹10 crore
  • Northern Arc Capital Limited29 Jan 2021 to 4 Jun 2024₹10 crore
  • Ikf Finance Limited30 Dec 2020 to 18 Feb 2025₹5 crore
  • Caspian Impact Investments Private Limited24 Dec 2020 to 24 Jan 2025₹7 crore
  • AU Small Finance Bank Limited17 Dec 2020 to 1 Aug 2023₹7 crore
  • Esaf Small Finance Bank Limited9 Dec 2020 to 27 Dec 2023₹10 crore
  • Vivriti Capital Private Limited19 Nov 2020 to 23 Aug 2024₹5 crore
  • Incred Financial Services Limited12 Nov 2020 to 21 Jul 2023₹10 crore
  • Catalyst Trusteeship Limited28 Oct 2020 to 7 Aug 2023₹15 crore
  • Sundaram Finance Limited17 Sept 2020 to 17 Oct 2023₹5 crore
  • Catalyst Trusteeship Limited8 Sept 2020 to 8 May 2023₹5 crore
  • Catalyst Trusteeship Limited8 Sept 2020 to 8 May 2023₹15 crore
  • Vistra Itcl (India) Limited31 Aug 2020 to 22 Dec 2022₹10 crore
  • Catalyst Trusteeship Limited24 Aug 2020 to 8 May 2023₹5 crore
  • Utkarsh Small Finance Bank Limited29 Jan 2020 to 28 Mar 2023₹6 crore
  • Hinduja Leyland Finance Limited31 Dec 2019 to 19 Apr 2023₹10 crore
  • Fincare Small Finance Bank Limited30 Dec 2019 to 30 Dec 2021₹8 crore
  • Profectus Capital Private Limited30 Nov 2019 to 18 Jul 2022₹3 crore
  • Sundaram Finance Limited27 Nov 2019 to 28 Apr 2023₹10 crore
  • Vivriti Capital Private Limited26 Nov 2019 to 14 Jul 2025₹2 crore
  • Northern Arc Capital Limited1 Nov 2019 to 6 Jan 2025₹12 crore
  • Muthoot Finance Limited17 Oct 2019 to 31 Jul 2021₹5 crore
  • Ujjivan Small Finance Bank Limited27 Sept 2019 to 31 Dec 2021₹10 crore
  • Indusind Bank Ltd.26 Aug 2019 to 11 Jan 2023₹10 crore
  • Hinduja Leyland Finance Limited29 Jun 2019 to 10 Nov 2022₹6 crore
  • AU Small Finance Bank Limited24 Jun 2019 to 13 Jan 2022₹10 crore
  • Muthoot Finance Limited4 Jun 2019 to 7 Jan 2021₹5 crore
  • Esaf Small Finance Bank Limited30 Mar 2019 to 6 Dec 2021₹5 crore
  • AU Small Finance Bank Limited19 Mar 2019 to 16 Nov 2021₹5 crore
  • Muthoot Capital Services Limited5 Mar 2019 to 6 Feb 2025₹7.5 crore
  • Fincare Small Finance Bank Limited21 Feb 2019 to 25 Feb 2021₹10 crore
  • Profectus Capital Private Limited11 Feb 2019 to 30 Dec 2020₹2 crore
  • Vivriti Capital Private Limited31 Dec 2018 to 14 Jul 2025₹10 crore
  • Sundaram Finance Limited7 Dec 2018 to 8 Nov 2022₹12.16 crore
  • AU Small Finance Bank Limited16 Nov 2018 to 17 Mar 2021₹5 crore
  • Manappuram Finance Limited12 Nov 2018 to 15 Dec 2021₹5 crore
  • Hinduja Leyland Finance Limited15 Oct 2018 to 26 Nov 2021₹10 crore
  • Mahindra and Mahindra Financial Services Limited12 Sept 2018 to 20 Apr 2021₹10 crore
  • A. K. Capital Finance Private Limited10 Aug 2018 to 7 Dec 2020₹15 crore
  • Sundaram Finance Limited18 Jun 2018 to 18 Apr 2022₹18 crore
  • AU Small Finance Bank Limited31 May 2018 to 16 Nov 2021₹10 crore
  • Northern Arc Capital Limited18 May 2018 to 25 Apr 2019₹10 crore
  • Avanse Financial Services Limited23 Mar 2018 to 7 Jul 2021₹5 crore
  • AU Small Finance Bank Limited23 Mar 2018 to 27 Jan 2021₹5 crore
  • Hinduja Leyland Finance Limited6 Mar 2018 to 21 Apr 2021₹5 crore
  • Muthoot Capital Services Limited5 Dec 2017 to 13 Apr 2021₹5 crore
  • Ifmr Capital Finance Private Limited30 Jun 2017 to 25 Apr 2019₹5 crore
  • Mahindra and Mahindra Financial Services Limited20 Jun 2017 to 15 Jul 2019₹5 crore
  • Manappuram Finance Limited3 Mar 2017 to 18 Sept 2020₹5 crore
  • AU Financiers (India) Limited25 Feb 2017 to 20 Mar 2019₹5 crore
  • Sundaram Finance Limited31 Jan 2017 to 24 Feb 2020₹6.04 crore
  • Ifmr Capital Finance Private Limited2 Dec 2016 to 20 Jun 2018₹5 crore
  • Sundaram Finance Limited25 Oct 2016 to 24 Feb 2020₹4.8 crore
  • Reliance Capital LTD31 Mar 2016 to 15 Nov 2018₹3.5 crore
  • Sundaram Finance Limited23 Dec 2015 to 21 Jan 2019₹3.88 crore
  • DCB Bank Limited29 Sept 2015 to 9 Oct 2018₹2.5 crore
  • Sundaram Finance Limited31 Aug 2015 to 31 May 2018₹2.34 crore
  • Ifmr Capital Finance Private Limited26 Jun 2015 to 17 Aug 2015₹5 crore
  • Ifmr Capital Finance Private Limited26 Jun 2015 to 21 Jun 2017₹5 crore
  • Hinduja Leyland Finance Limited21 Apr 2015 to 21 May 2018₹3 crore
  • Ifmr Capital Finance Private Limited24 Feb 2015 to 1 Mar 2017₹5 crore
  • L & T Finance Limited29 May 2013 to 18 Nov 2015₹1.5 crore
  • Punjab National Bank29 Mar 2012 to 4 Mar 2015₹4.92 lakh
  • Punjab National Bank5 Mar 2012 to 4 Mar 2015₹7.68 lakh
  • The Catholic Syrian Bank LTD31 Oct 2009 to 31 Jan 2013₹50 lakh
  • L & T Finance Limited28 Sept 2007 to 4 Feb 2013₹2 crore
  • V. Kalyanakrishnan11 Sept 2000 to 19 Dec 2011₹2 crore
  • State Bank of Patiala22 Aug 1994 to 10 Jun 2014₹2 crore
  • Indian Overseas Bank4 Aug 1994 to 23 Dec 2014₹2.2 crore
  • The Federal Bank Limited Rajaram Mehta Nagar Branc30 Oct 1992 to 11 Dec 2012₹25 lakh
  • The Catholic Syrian Bank LTD3 Jul 1992 to 31 Jan 2013₹25 lakh
  • Indian Overseas Bank6 Mar 1992 to 23 Dec 2014₹5 lakh
  • State Bank of India2 Feb 1990 to 3 Jan 2015₹9 lakh
  • State Bank of India16 Jun 1989 to 3 Jan 2015₹15 lakh
  • Punjab National Bank25 Apr 1989 to 24 Mar 2014₹7 lakh
  • State Bank of India18 Jan 1989 to 3 Jan 2015₹45 lakh
  • Punjab National Bank19 May 1988 to 14 Mar 2014₹7 lakh
  • State Bank of India29 Apr 1988 to 4 Jun 2025₹29.5 crore
  • State Bank of India29 Apr 1988 to 3 Jan 2015₹25 lakh

Who else its people work with

Other companies where its directors and officers hold roles

Vridhi Finserv Home Finance LimitedDezerv Investments Private LimitedPehe Private LimitedScapia Technology Private LimitedBharosepe Technology Services Private LimitedMintifi Private LimitedSarvagram Solutions Private LimitedValor Innovations Private LimitedDetect Technologies Private LimitedAeterna Management LLPAeterna Sponsor LLPLight Ray Advisors LLPIndra K K Rathi FoundationOjb Herbals Private LimitedBagzone Lifestyles Private LimitedFirst Bridge Investment Managers Private LimitedZuppa Oeg Gen5 Technologies Private LimitedZuppa Geo Navigation Technologies Private LimitedFirst Bridge Fund Managers Private LimitedCapital Foods LimitedFuture Capital Financial Services LimitedFirst Bridge Fincap Services LLPIndianivesh Investment Advisors LLPRathi Advisory Partners LLPPratech Brands Private LimitedBerar Finance LimitedBagzone Lifestyles Private LimitedFirst Bridge Investment Managers Private LimitedAdianu Realinvest LLPLex Carta Private LimitedSeshasayee Paper and Boards LimitedDelphi-Tvs Technologies LimitedChennai International CentreRotomag Enertec LimitedKanakadurga Finance LimitedFinance Companies' Association (India)South India Hire Purchase AssociationFinance Companies' Association (India)Mridul Arora: 12 other companiesKrishan Kant Rathi: 12 other companiesVishal Kumar Gupta: 5 other companiesChandrasekaran Chandramouli: 4 other companiesRakesh Kumar Bhutoria: 2 other companiesDeepak Dugar: 2 other companiesMahaveerchand Dugar: 1 other companyBabuji Kalyanaraman: 0 other companiesMahaveerchand Dugar Praveen Dugar: 0 other companiesMahaveerFinance…

7 of its 9 people also hold roles in 35 other companies.

  • Mridul Arora

    Nominee Director at Mahaveer Finance India

    12 other companiesFollow

  • Krishan Kant Rathi

    Nominee Director at Mahaveer Finance India

    12 other companiesFollow

  • Vishal Kumar Gupta

    Nominee Director at Mahaveer Finance India

    5 other companiesFollow

  • Chandrasekaran Chandramouli

    Director at Mahaveer Finance India

    4 other companiesFollow

  • Rakesh Kumar Bhutoria

    Nominee Director at Mahaveer Finance India

    2 other companiesFollow
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A shared director or officer is the only link shown here, not a sign that the companies are connected in any other way.

Mridul Arora

Krishan Kant Rathi

Vishal Kumar Gupta

Chandrasekaran Chandramouli

Rakesh Kumar Bhutoria

Deepak Dugar

  • Finance Companies' Association (India)
  • South India Hire Purchase Association

Mahaveerchand Dugar

  • Finance Companies' Association (India)

MCA listed no other company for Babuji Kalyanaraman and Mahaveerchand Dugar Praveen Dugar.

Read from each person's DIN record, the oldest on .

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  • Every year · MGT-7

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The details on this page come from public records, including MCA's register of companies as Entiva read it on . Things may have changed since. A loan amount is the most the lender can claim against the company's assets, not what is still owed.