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Mehta Housing Finance Ltd. (India)

Main Activities: Real Estate Credit
Full name: Mehta Housing Finance Ltd. Profile Updated: November 14, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Mehta Housing Finance Ltd. is an India-based company located in Ahmedabad. It was incorporated in 1993 as Mehta Housing Finance Private Limited and later converted into a public limited company in August 1994. The company is promoted by Mehta Integrated Finance, which is involved in leasing, hire purchase, and merchant banking activities. The Chairman of the company is Naranbhai H Bhatt. Mehta Housing Finance focuses on providing long-term housing finance for the purchase or construction of houses/flats to individuals. They also finance builders, developers, and develop housing properties on their own, providing dwelling units to consumers. The company started by building a housing finance portfolio and has invested Rs. 50 lacs in the same. Their primary focus is establishing the housing loan portfolio in and around Ahmedabad. In January 1995, the company conducted a public issue of 15,00,000 equity shares amounting to Rs. 3.75 lac. This was done to meet the increasing demands of housing finance, augment long-term resources, and strengthen the company's capital base. The company has plans to expand its financial operations in the coming year.

Legal Address
Plot No 1A, Revenue Survey No 203,, Savarkundla Road, Taveda, Mahuva,
Bhavnagar; Gujarat; Postal Code: 364290

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Website: http://www.mehtahousing.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1993
Key Executives
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Chief Financial Officer
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Ind. Non-Executive Director
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Ind. Non-Executive Director
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Ind. Non-Executive Director
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Chief Financial Officer
Ownership Details
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72.58%
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26.66%
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0.76%
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Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Operating profit (EBIT)
-1900%
Net Profit (Loss) for the Period
-1900%

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