Adhikar Microfinance Profile
Key Indicators
- Authorised Capital ₹ 35.00 Cr
as on 16-11-2024
- Paid Up Capital ₹ 10.79 Cr
as on 16-11-2024
- Company Age 27 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 205.50 Cr
as on 16-11-2024
- Satisfied Charges ₹ 250.00 Cr
as on 16-11-2024
- Revenue -59.78%
(FY 2023)
- Profit -53.11%
(FY 2023)
- Ebitda -197.87%
(FY 2023)
- Net Worth -42.34%
(FY 2023)
- Total Assets -2.35%
(FY 2023)
About Adhikar Microfinance
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.
- 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
Company Details
- Location
Khorda, Odisha, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Adhikar Microfinance?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mohammad Amin  | Managing Director | 04-Jun-2007 | Current |
| Maheswar Lenka | Company Secretary | 25-Apr-2023 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Gobinda Dalabehera | Director | 04-Jun-2007 | Current |
| Parbati Malick | Nominee Director | 21-Jan-2011 | Current |
| Girish Meher | Nominee Director | 26-May-2020 | Current |
Financial Performance and Corporate Structure Insights 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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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.
Related Corporates (Common Directorship)
- Zarrat Agri And Farmers Development Private LimitedActive 10 years 9 months
Mohammad Amin is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 16 Mar 2022 | ₹20.00 Cr | Open |
State Bank Of India Creation Date: 23 Mar 2021 | ₹15.00 Cr | Open |
Indian Bank Creation Date: 09 Mar 2021 | ₹8.00 Cr | Open |
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.
Deals i
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
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
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