Innovative Microfinance For Poverty Alleviation And Community Transformation

Innovative Microfinance For Poverty Alleviation And Community Transformation

Empowers women through microfinance and training, with 9 branches nationwide.

2004 Chennai, Tamil Nadu (India) Active

About

Basic Data Updated:

2 months ago
Innovative Microfinance For Poverty Alleviation And Community Transformation (IMFPAACT) is a leading Public Not For Profit Company incorporated in India on 15 March 2004 and has a history of 20 years and six months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Finance And Insurance Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 0.00 and a paid-up capital of Rs 4.28 cr.

The Corporate currently has active open charges totaling ₹1.00 cr. It has already closed loans amounting to ₹66.39 cr, as per the Ministry of Corporate Affairs (MCA) records.

Benita Nangia, Madhav Bellamkonda, Stanislas Rajkumar, and Three other members serve as directors at the Company.

Industry

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNU65999TN2004NPL052754
Company No.052754
Company ClassificationPublic Not For Profit Company
Incorporation Date15 Mar 2004
Date of AGM25 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Chennai

Financials of Innovative Microfinance For Poverty Alleviation And Community Transformation

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Innovative Microfinance For Poverty Alleviation And Community Transformation, for the financial year ended 2021, experienced significant reduction in revenue, with a 21.35% decrease. The company also saw a substantial fall in profitability, with a 342.72% decrease in profit. The company's net worth observed a substantial decline by a decrease of 23.15%.

Corporate Structure

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People in Innovative Microfinance For Poverty Alleviation And Community Transformation

Board Members(6)

Charges (Loans)

Open Charges Satisfied Charges

₹1.00 cr

₹66.39 cr

LenderAmountStatus

Others

Creation Date: 22 Apr 2016
₹1.00 CrOpen

Others

Creation Date: 07 Mar 2020
₹1.50 CrSatisfied

State Bank Of India

Creation Date: 20 Mar 2019
₹5.00 CrSatisfied

Deals i

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Rating

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Alert

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Recent activity within the organization

  • Activity

    Director Appointment

    Stanislas Vivian Rajkumar was appointed as a Additional Director was appointed as a Additional Director on 16 Mar 2024 & has been associated with this company since 6 months 9 days .

    16 Mar 2024
  • Activity

    Charges

    A charge registered on 07 Mar 2020 via Charge ID 100337884 with Others was fully satisfied on 17 Oct 2023.

    17 Oct 2023
  • Activity

    Charges

    A charge registered on 20 Mar 2019 via Charge ID 100247620 with State Bank Of India was fully satisfied on 17 Oct 2023.

    17 Oct 2023
  • Activity

    Charges

    A charge registered on 12 Mar 2019 via Charge ID 100244381 with Idbi Bank Limited was fully satisfied on 17 Oct 2023.

    17 Oct 2023
  • Activity

    Charges

    A charge registered on 20 Jul 2016 via Charge ID 100043873 with Others was fully satisfied on 17 Oct 2023.

    17 Oct 2023

Frequently asked questions

What is the Incorporation or founding date of Innovative Microfinance For Poverty Alleviation And Community Transformation?

Innovative Microfinance For Poverty Alleviation And Community Transformation was incorporated 20 years 6 months ago on 15 Mar 2004 with Registrar of Companies Roc Chennai.

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