Aajivika Micro Credit Association

Provides micro finance services for rural and semi urban women and their families.

2015 | Varanasi, Uttar Pradesh (India) | Active
Last Updated:

Aajivika Micro Credit Association Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.62 M
  • Company Age 9 Year, 5 Months
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 1.10 Cr
  • Revenue Growth 296.37%
  • Profit Growth 54.69%
  • Ebitda 175.94%
  • Net Worth 126.93%
  • Total Assets -31.06%

About Aajivika Micro Credit Association

Aajivika Micro Credit Association (AMCA) is a Private Not For Profit Company incorporated in India on 07 October 2015 (Nine years and five months 21 days old ). Its registered office is in Varanasi, Uttar Pradesh, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2019. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 3.62 M.

The company currently has active open charges totaling ₹1.10 Cr.

The Key Managerial Personnel (KMP) at Aajivika Micro Credit Association India is Abhinav Kamal as CEO. Siddhartha Pandey, Abhishek Kumar, Shailendra Tripathi, and Three other members serve as directors at the Company.

Company Details

  • Location

    Varanasi, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U67190UP2015NPL073722

  • Company No.

    073722

  • Company Classification

    Private Not For Profit Company

  • Incorporation Date

    07 Oct 2015

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Financial Services

Who are the key members and board of directors at Aajivika Micro Credit Association?

Executive Team (1)

NameDesignationAppointment DateStatus
Abhinav Kamal Country flag representing In CEO13-Dec-2017Current

Board Members (6)

NameDesignationAppointment DateStatus
Abhishek Kumar Country flag representing In Director 07-Oct-2015Current
Siddhartha Pandey Country flag representing In Director 13-Dec-2017Current
Shailendra Tripathi Country flag representing In Director 07-Oct-2015Current
Atul Kamal Country flag representing In Director 07-Oct-2015Current
Abhinav Kamal Country flag representing In Director and Ceo 13-Dec-2017Current
Pavan Dubey Country flag representing In Director 25-May-2017Current

Financial Performance of Aajivika Micro Credit Association.

Aajivika Micro Credit Association, for the financial year ended 2019, experienced significant growth in revenue, with a 296.37% increase. The company also saw a substantial improvement in profitability, with a 54.69% increase in profit. The company's net worth Soared by an impressive increase of 126.93%.

Aajivika Micro Credit Association revenue growth over time
Aajivika Micro Credit Association profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
296.37%
Revenue from Operations
308.14%
Total Assets
-31.06%
Profit or Loss
54.69%
Net Worth
126.93%
EBITDA
175.94%

What is the Ownership and Shareholding Structure of Aajivika Micro Credit Association?

In 2019, Aajivika Micro Credit Association had a promoter holding of 44.24% and a public holding of 55.76%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹11.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Uco Bank : 1.00 Cr
  • Others : 0.10 Cr

Latest Charge Details

DateLenderAmountStatus
01 Aug 2018Others₹1.00 MOpen
26 Feb 2018Uco Bank₹1.00 CrOpen

How Many Employees Work at Aajivika Micro Credit Association?

Unlock and access historical data on people associated with Aajivika Micro Credit Association, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Aajivika Micro Credit Association

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Aajivika Micro Credit Association, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Aajivika Micro Credit Association's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Aajivika Micro Credit Association

Recent activity within the organization

  • Annual General Meeting

    Aajivika Micro Credit Association last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

  • Balance Sheet

    Aajivika Micro Credit Association has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Kanpur.

  • Charges

    A charge with Others amounted to Rs. 1.00 M with Charge ID 100203049 was registered on 01 Aug 2018.

  • Charges

    A charge with Uco Bank amounted to Rs. 10.00 M with Charge ID 100158444 was registered on 26 Feb 2018.

  • Director Appointment

    Siddhartha Pandey was appointed as a Director was appointed as a Director on 13 Dec 2017 & has been associated with this company since 7 years 3 months .

  • Director Appointment

    Abhinav Kamal was appointed as a Director was appointed as a Director on 13 Dec 2017 & has been associated with this company since 7 years 3 months .

Frequently asked questions

  • What is the Incorporation or founding date of Aajivika Micro Credit Association?

    Aajivika Micro Credit Association was incorporated on 07 Oct 2015.

  • What is authorized share capital and paid-up capital of Aajivika Micro Credit Association?

    The authorized share capital of Aajivika Micro Credit Association is ₹ 5.00 M and paid-up capital is ₹ 3.62 M.

  • Who are the current board members & directors of Aajivika Micro Credit Association?

    Currently 7 directors are associated with Aajivika Micro Credit Association.

    • Siddhartha Pandey
    • Abhishek Kumar
    • Shailendra Kumar Tripathi
    • Atul Kamal
    • Abhinav Kamal
    • Abhinav Kamal
    • Pavan Kumar Dubey

  • What is the registered address of Aajivika Micro Credit Association?

    As per Ministry of Corporate Affairs (Mca), the registered address of Aajivika Micro Credit Association is Lane No. 8 Bhakti Nagar Colony, India, Varanasi, Uttar Pradesh, 221002.

  • What is the corporate identification number (CIN) and company number of Aajivika Micro Credit Association?

    The corporate identification number (CIN) of Aajivika Micro Credit Association is U67190UP2015NPL073722 and the company number is 073722 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Aajivika Micro Credit Association?

    According to the financial reports for the fiscal year 2019, the revenue trend for Aajivika Micro Credit Association has risen by 296.37%.

  • What change has been observed in the net worth of Aajivika Micro Credit Association, and by what percentage?

    The financial reports for the fiscal year 2019 indicates that The net worth of Aajivika Micro Credit Association has experienced an upsurge of 126.93%.

  • What are the total open charges for Aajivika Micro Credit Association?

    As per the financial statements for fiscal Year 2019, The total open charges for Aajivika Micro Credit Association amount to ₹ 1.10 Cr.

  • When was the last Balance Sheet of Aajivika Micro Credit Association filed with the ROC?

    The most recent Balance Sheet for Aajivika Micro Credit Association was filed with the ROC on 31 Mar 2019.

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