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    MFCI   OM0000001590

MUSCAT FINANCE SAOG

(MFCI)
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Business Summary
Muscat Finance Company Limited SAOG is an Oman-based company engaged in the activity of installment financing and leasing of vehicles and other assets, debt factoring, working capital and receivable financing activities. The Company's products and services consist of Auto Plan, focusing on new vehicle financing as well as financing for used vehicles on a selective basis; Corporate Leasing, providing lease finance for all kinds of plant and equipment, office automation products and vehicle fleet; Debt Factoring, including finance against credit sales, debt collection services, sales accounting and insurance against bad debts; Working Capital Finance, providing working capital financing and financing against immovable property; Term-Bridge Loans, which offers pre-invoice financing facilities to small and medium enterprises, and corporate clients, and Corporate Deposits. Its main shareholders are Fincorp Investment Co. LLC, Zawawi Trading Co. LLC and Al Siraj Investment Holding LLC.
Sales per Business
20192020Delta
Installment Financing & Leasing7.7861.6%6.1154.6% -21.47%
OMR in Million
Sales per region
20192020Delta
Oman7.7861.6%6.1154.6% -21.47%
OMR in Million
Managers
Name Title Age Since
Pratik Dilip Punjabi Chief Financial Officer & Deputy GM - 2020
Syed Massi Uddin Head-Information Technology - -
Ali Taqi Abdul Rasool Al Lawati Board Secretary & Head-Compliance - 2020
Babu Plakkal Thomas Independent Non-Executive Director - -
Gamal M. Mohammed Ahmed Abdullah Independent Non-Executive Director - -
Pramod Kumar Hiran Deputy Chairman - -
Chandrahasan Thozhukkat Menon Independent Non-Executive Director - 2017
Balachandran Swaminathan Head-Treasury - -
Athamanathan Sundaresan Assistant General Manager-Collections - -
Fahd Amjad Deputy Chief Executive Officer - -
Members of the board
Name Title Age Since
Faisal bin Mohamed Mossa Al-Yousif Chairman 45 2011
Babu Plakkal Thomas Independent Non-Executive Director - -
Gamal M. Mohammed Ahmed Abdullah Independent Non-Executive Director - -
Pramod Kumar Hiran Deputy Chairman - -
Chandrahasan Thozhukkat Menon Independent Non-Executive Director - 2017
Mohammed Redha Ahmed Jawad Al-Lawati Director - -
Sultan Rashid Al Kaabi Director - -
Haitham Mansoor Al Busaidi Director - -
Kailesh Gridharial Bavishi Director 42 2021
Equities
Vote QuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 307,146,325 154,604,924 50.3% 0 0.0% 50.3%
Shareholders
NameEquities%
Fincorp Investments LLC 71,300,523 23.2%
Zawawi Trading Co. LLC 71,300,523 23.2%
Hooria Co. 27,644,977 9.00%
Company contact information
Muscat Finance Co. Ltd. SAOG
Al Khuwair, Ruwi
Muscat 112

Phone : +968.24625300
Fax : +968.24625310
Web : http://www.muscatfinance.com
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