Asa International India Microfinance Limited

Provides microfinance services to empower women at the bottom of the pyramid in multiple states.

1990 | 24 Parganas, West Bengal (India) | Active
Last Updated: December 12, 2024

Asa International India Microfinance Profile

Key Indicators

  • Authorised Capital ₹ 10.01 Cr
  • Paid Up Capital ₹ 1.96 Cr
  • Company Age 34 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 305.10 Cr
  • Satisfied Charges ₹ 2,403.21 Cr
  • Revenue Growth -45.04%
  • Profit Growth -71.06%
  • Ebitda -269.71%
  • Net Worth 12.82%
  • Total Assets -30.02%

About Asa International India Microfinance

Asa International India Microfinance Limited (AIIML) is a leading Public Limited Indian Non-Government Company incorporated in India on 22 February 1990 and has a history of 34 years and 11 months. Its registered office is in 24 Parganas, West Bengal, India.

The Corporate was formerly known as Asa International India Mircrofinance 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 2024. It's a company limited by shares with an authorized capital of Rs 10.01 Cr and a paid-up capital of Rs 1.96 Cr.

The company currently has active open charges totaling ₹305.10 Cr. The company has closed loans amounting to ₹2,403.21 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Asa International India Microfinance Limited India is Vanita Mundhra as COMPANY SECRETARY. Mohammed Hossain, Nirajita Srinivasan, Dirk Brouwer, and Four other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U65921WB1990PLC231683

  • Company No.

    231683

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    22 Feb 1990

  • Date of AGM

    23 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Financial Services

Who are the key members and board of directors at Asa International India Microfinance?

Executive Team (2)

NameDesignationAppointment DateStatus
Anjan Dasgupta Country flag representing In Managing Director19-Jun-2012Current
Vanita Mundhra Company Secretary19-Apr-2021Current

Board Members (6)

NameDesignationAppointment DateStatus
Patric Barla Country flag representing In Director 07-Mar-2022Current
Md Haque Country flag representing Bd Director 20-Jan-2010Current
Mohammed Hossain Country flag representing Bd Director 13-Oct-2014Current
Nirajita Srinivasan Country flag representing In Director 28-Jul-2021Current
Dirk Brouwer Country flag representing Nl Director 02-Jul-2009Current
Anuradha Gupta Country flag representing In Director 23-Sep-2021Current

Financial Performance of Asa International India Microfinance.

Asa International India Microfinance Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 45.04% decrease. The company also saw a substantial fall in profitability, with a 71.06% decrease in profit. The company's net worth Soared by an impressive increase of 12.82%.

Graph illustrating revenue growth over time
Graph showing 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
-45.04%
Revenue from Operations
-26.84%
Total Assets
-30.02%
Profit or Loss
-71.06%
Net Worth
12.82%
EBITDA
-269.71%

What is the Ownership and Shareholding Structure of Asa International India Microfinance?

In 2024, Asa International India Microfinance had a promoter holding of 90.01% and a public holding of 9.98%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹305.10 Cr

Satisfied Charges

₹2,403.21 Cr

Charges Breakdown by Lending Institutions

  • Others : 221.10 Cr
  • Idbi Trusteeship Services Limited : 64.00 Cr
  • Axis Bank Limited : 10.00 Cr
  • Yes Bank Limited : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
15 Feb 2024Others₹3.34 CrOpen
15 Dec 2023Others₹10.00 CrOpen
23 May 2023Others₹8.26 CrOpen
12 Apr 2023Others₹7.50 CrOpen
24 Mar 2021Others₹40.00 CrOpen

How Many Employees Work at Asa International India Microfinance?

Asa International India Microfinance has a workforce of 1570 employees as of Dec 12, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Asa International India 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 Asa International India 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 Asa International India Microfinance

Recent activity within the organization

  • Annual General Meeting

    Asa International India Microfinance Limited last Annual general meeting of members was held on 23 Sep 2024 as per latest MCA records.

    23 Sep 2024

  • Charges

    A charge registered on 08 Jul 2020 via Charge ID 100444169 with Others was fully satisfied on 09 Aug 2024.

    09 Aug 2024

  • Balance Sheet

    Asa International India Microfinance Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 3.34 Cr with Charge ID 100874303 was registered on 15 Feb 2024.

    15 Feb 2024

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100853311 was registered on 15 Dec 2023.

    15 Dec 2023

  • Charges

    A charge registered on 24 Dec 2020 via Charge ID 100396559 with Others was fully satisfied on 06 Dec 2023.

    06 Dec 2023

Frequently asked questions

  • Asa International India Microfinance Limited was incorporated on 22 Feb 1990.

  • The authorized share capital of Asa International India Microfinance Limited is ₹ 10.01 Cr and paid-up capital is ₹ 1.96 Cr.

  • Currently 8 directors are associated with Asa International India Microfinance Limited.

    • Mohammed Azim Hossain
    • Nirajita Srinivasan
    • Dirk Machgielis Brouwer
    • Md Enamul Haque
    • Anjan Dasgupta
    • Anuradha Gupta
    • Patric Barla
    • Vanita Mundhra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Asa International India Microfinance Limited is Victoria Park 4Th Floor Gn-37/2, Secto Salt Lake City India, Kolkata, West Bengal, 700091.

  • The corporate identification number (CIN) of Asa International India Microfinance Limited is U65921WB1990PLC231683 and the company number is 231683 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Asa International India Microfinance Limited is https://www.india.asa-international.com

  • According to the financial reports for the fiscal year 2024, the revenue trend for Asa International India Microfinance Limited has fallen by -45.04%.

  • As Per 2024 financial reports, 1570 employees are currently employed by Asa International India Microfinance Limited.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Asa International India Microfinance Limited has experienced an upsurge of 12.82%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Asa International India Microfinance Limited amount to ₹ 305.10 Cr.

  • The most recent Balance Sheet for Asa International India Microfinance Limited was filed with the ROC on 31 Mar 2024.

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