- Business
- Manraj Housing Finance Limited, established on January 11, 1990, operates from its headquarters in Jalgaon, India. The company initially provided housing finance services but has since shifted its focus to construction and real estate activities. However, it has been facing significant operational challenges, reporting zero operating revenue and continuous net losses in recent financial periods. Auditors have expressed an adverse opinion on its financial statements, highlighting a non-operational status for several years, negative net worth, and doubts about its ability to continue as a going concern due to accumulated losses and defaults on bank borrowings.