Adhikar Microfinance Private Limited

Founded in 1997 and headquartered in Orissa, India.

1997 | Khorda, Odisha (India) | Active
Last Updated:

Adhikar Microfinance Profile

Key Indicators

  • Authorised Capital ₹ 35.00 Cr
  • Paid Up Capital ₹ 10.79 Cr
  • Company Age 28 Year, 10 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 205.50 Cr
  • Satisfied Charges ₹ 250.00 Cr
  • Revenue Growth -59.78%
  • Profit Growth -53.11%
  • Ebitda -197.87%
  • Net Worth -42.34%
  • Total Assets -2.35%

About Adhikar Microfinance

Adhikar Microfinance Private Limited (AMPL) is a Private Limited Indian Non-Government Company incorporated in India on 04 April 1997 and has a history of 28 years. Its registered office is in Khorda, Odisha, India.

The Corporate was formerly known as Prateek Money Advisors Private Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 35.00 Cr and a paid-up capital of Rs 10.79 Cr.

The company currently has active open charges totaling ₹205.50 Cr. The company has closed loans amounting to ₹250.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Adhikar Microfinance Private Limited India is Maheswar Lenka as COMPANY SECRETARY. Gobinda Dalabehera, Mohammad Amin, Parbati Malick, and One other member serve as directors at the Company.

Company Details

  • Location

    Khorda, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65923OR1997PTC010452

  • Company No.

    010452

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Apr 1997

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Financial Services
Company report

Adhikar Microfinance Private Limited

Explore comprehensive data for Adhikar Microfinance Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Adhikar Microfinance?

Executive Team (2)

NameDesignationAppointment DateStatus
Mohammad Amin Country flag representing In Managing Director04-Jun-2007Current
Maheswar Lenka Company Secretary25-Apr-2023Current

Board Members (3)

NameDesignationAppointment DateStatus
Gobinda Dalabehera Country flag representing In Director 04-Jun-2007Current
Parbati Malick Country flag representing In Nominee Director 21-Jan-2011Current
Girish Meher Country flag representing In Nominee Director 26-May-2020Current

Financial Performance of Adhikar Microfinance.

Adhikar Microfinance Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 59.78% decrease. The company also saw a substantial fall in profitability, with a 53.11% decrease in profit. The company's net worth observed a substantial decline by a decrease of 42.34%.

Adhikar Microfinance revenue growth over time
Adhikar Microfinance 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
-59.78%
Revenue from Operations
-61.66%
Total Assets
-2.35%
Profit or Loss
-53.11%
Net Worth
-42.34%
EBITDA
-197.87%

What is the Ownership and Shareholding Structure of Adhikar Microfinance?

In 2023, Adhikar Microfinance had a promoter holding of 7.10% and a public holding of 92.90%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹205.50 Cr

Satisfied Charges

₹250.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 155.50 Cr
  • Sidbi : 22.00 Cr
  • State Bank Of India : 15.00 Cr
  • Indian Bank : 8.00 Cr
  • Canara Bank : 5.00 Cr

Latest Charge Details

DateLenderAmountStatus
16 Mar 2022Others₹20.00 CrOpen
23 Mar 2021State Bank Of India₹15.00 CrOpen
09 Mar 2021Indian Bank₹8.00 CrOpen
03 Sep 2020Sidbi₹10.00 CrOpen
12 Feb 2020Others₹5.00 CrOpen

How Many Employees Work at Adhikar Microfinance?

Adhikar Microfinance has a workforce of 68 employees as of Apr 01, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Adhikar Microfinance Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Adhikar Microfinance, 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 Adhikar Microfinance'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 Adhikar Microfinance

Recent activity within the organization

  • Annual General Meeting

    Adhikar Microfinance Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Director Appointment

    Maheswar Lenka was appointed as a Company Secretary was appointed as a Company Secretary on 25 Apr 2023 & has been associated with this company since 1 year 11 months .

  • Balance Sheet

    Adhikar Microfinance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Cuttack.

  • Charges

    A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100548453 was registered on 16 Mar 2022.

  • Charges

    A charge registered on 12 Apr 2018 via Charge ID 100189200 with Others was fully satisfied on 17 Feb 2022.

  • Charges

    A charge with Others of Rs. 2.50 Cr registered on 12 Apr 2018 with Charge ID 100189200 was modified on 01 Apr 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Adhikar Microfinance Private Limited?

    Adhikar Microfinance Private Limited was incorporated on 04 Apr 1997.

  • What is authorized share capital and paid-up capital of Adhikar Microfinance Private Limited?

    The authorized share capital of Adhikar Microfinance Private Limited is ₹ 35.00 Cr and paid-up capital is ₹ 10.79 Cr.

  • Who are the current board members & directors of Adhikar Microfinance Private Limited?

    Currently 5 directors are associated with Adhikar Microfinance Private Limited.

    • Gobinda Chandra Dalabehera
    • Mohammad Nooruddin Amin
    • Parbati Malick
    • Girish Kumar Meher
    • Maheswar Lenka

  • What is the registered address of Adhikar Microfinance Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Adhikar Microfinance Private Limited is Plot No-77/180/970 Subudhipur, Tomando India, Bhubaneswar, Orissa, 752054.

  • What is the corporate identification number (CIN) and company number of Adhikar Microfinance Private Limited?

    The corporate identification number (CIN) of Adhikar Microfinance Private Limited is U65923OR1997PTC010452 and the company number is 010452 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Adhikar Microfinance Private Limited?

    The Official website of Adhikar Microfinance Private Limited is https://www.adhikarindia.in

  • What has been the recent revenue trend for Adhikar Microfinance Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Adhikar Microfinance Private Limited has fallen by -59.78%.

  • How many employees does Adhikar Microfinance Private Limited currently have?

    As Per 2023 financial reports, 68 employees are currently employed by Adhikar Microfinance Private Limited.

  • What change has been observed in the net worth of Adhikar Microfinance Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Adhikar Microfinance Private Limited has experienced an downturn of -42.34%.

  • What are the total open charges for Adhikar Microfinance Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Adhikar Microfinance Private Limited amount to ₹ 205.50 Cr.

  • When was the last Balance Sheet of Adhikar Microfinance Private Limited filed with the ROC?

    The most recent Balance Sheet for Adhikar Microfinance Private Limited was filed with the ROC on 31 Mar 2023.

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