Ajivika Finance Limited

Ajivika Finance Limited

Provides microenterprise loans to female borrowers in two states with 7 branches and 15,000 borrowers.
1986 | Chandigarh, Chandigarh (India) | Active

Last Updated:

May 17, 2024
HomeCompanyAjivika Finance Limited

Who are the key members and board of directors at Ajivika Finance?

Board Members(4)

NameDesignationAppointment DateStatus
Kamal Dang In Director 12-Oct-2018Current
Hargovind Sachdev In Director 08-Apr-2023Current
Charu Dang In Director 11-Apr-2023Current
Manmohan Chhabra In Director 11-Apr-2023Current

Financial Performance of Ajivika Finance.

Ajivika Finance Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 7.26% decrease. The company also saw a slight decrease in profitability, with a 9.82% decrease in profit. The company's net worth moved up by a moderate rise of 4.59%.

Revenue Growth Graph
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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-7.26%
Revenue from Operations
4.34%
Total Assets
-28.37%
Profit or Loss
-9.82%
Net Worth
4.59%
EBITDA
14.91%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹4.75 Cr

₹23.70 Cr

LenderAmountStatus

Others

Creation Date: 30 Mar 2024
₹5.00 MOpen

Others

Creation Date: 19 Jan 2024
₹1.25 CrOpen

Others

Creation Date: 10 Oct 2023
₹2.00 MOpen

How Many Employees Work at Ajivika Finance?

Ajivika Finance has a workforce of 34 employees as of May 17, 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.

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Latest Updates, News, and FAQs on Ajivika Finance

Recent activity within the organization

  • Charges

    A charge registered on 24 Mar 2023 via Charge ID 100695901 with Others was fully satisfied on 08 Apr 2024.

    08 Apr 2024

  • Charges

    A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100893066 was registered on 30 Mar 2024.

    30 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 1.25 Cr with Charge ID 100861891 was registered on 19 Jan 2024.

    19 Jan 2024

  • Charges

    A charge registered on 04 Nov 2022 via Charge ID 100624575 with Others was fully satisfied on 07 Nov 2023.

    07 Nov 2023

  • Charges

    A charge with Others amounted to Rs. 0.20 Cr with Charge ID 100802886 was registered on 10 Oct 2023.

    10 Oct 2023

  • Annual General Meeting

    Ajivika Finance Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

Frequently asked questions

  • Ajivika Finance Limited was incorporated on 28 May 1986.

  • The authorized share capital of Ajivika Finance Limited is ₹ 7.00 Cr and paid-up capital is ₹ 6.01 Cr.

  • Currently 4 directors are associated with Ajivika Finance Limited.

    • Kamal Kant Dang
    • Hargovind Sachdev
    • Charu Dang
    • Manmohan Rai Chhabra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ajivika Finance Limited is Scf 80, Sector 47, Chandigarh, India, 160047.

  • The corporate identification number (CIN) of Ajivika Finance Limited is U74120UP1986PLC115939 and the company number is 115939 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ajivika Finance Limited is https://www.ajivikafinance.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ajivika Finance Limited has fallen by -7.26%.

  • As Per 2023 financial reports, 34 employees are currently employed by Ajivika Finance Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ajivika Finance Limited has experienced an upsurge of 4.59%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ajivika Finance Limited amount to ₹ 4.75 Cr.

  • The most recent Balance Sheet for Ajivika Finance Limited was filed with the ROC on 31 Mar 2023.

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