About
Basic Data Updated:
2 months agoThe Company is engaged in the Finance And Insurance 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 1,600.00 cr and a paid-up capital of Rs 1,137.58 cr.
The Corporate currently has active open charges totaling ₹2,822.46 cr. It has already closed loans amounting to ₹1,534.55 cr, as per the Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Asmitha Microfin Limited India is Musti Kosgi as Cfo. Vaishali Vaidya, Jayasurya Rekam, and Khagendranath Vadlamudi serve as directors at the Company.
Industry
Company Details
- Location
Andhra Pradesh, Telangana, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
CIN/LLPIN/FCRN | U65923TG2001PLC036283 |
Company No. | 036283 |
Company Classification | Public Limited Indian Non-Government Company |
Incorporation Date | 26 Feb 2001 |
Date of AGM | 30 Sep 2023 |
Date of Balance Sheet | 31 Mar 2023 |
Listing Status | Unlisted |
ROC Code | Roc Hyderabad |
Financials of Asmitha Microfin Limited
Asmitha Microfin Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 26.61% decrease. The company also saw a substantial improvement in profitability, with a 47.93% increase in profit. The company's net worth dipped by a decrease of 1.03%.
Corporate Structure
Unlock access to Asmitha Microfin's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Asmitha Microfin Limited
Unlock and access historical data on people associated with Asmitha Microfin, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (1)
MK
Musti Kosgi CFOAppointment Date: 25-Jul-2019
Status: Current
Board Members(3)
Charges (Loans)
Lender | Amount | Status |
---|---|---|
Idbi Trusteeship Services Limited Creation Date: 08 May 2014 | ₹270.00 Cr | Open |
Others Creation Date: 24 Sep 2011 | ₹1,158.21 Cr | Open |
Andhra Bank Creation Date: 29 Sep 2010 | ₹50.00 Cr | Open |
Deals i
Gain comprehensive insights into the Deals and Valuation data of Asmitha Microfin, 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 Asmitha Microfin'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.
Alert
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.
Related Corporates (Common Directorship)
Recent activity within the organization
Annual General Meeting
Asmitha Microfin Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
30 Sep 2023Balance Sheet
Asmitha Microfin Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.
31 Mar 2023Charges
A charge registered on 04 Mar 2008 via Charge ID 10089949 with Maanaveeya Holdings & Investments Private Limited was fully satisfied on 31 Mar 2021.
31 Mar 2021Director Appointment
Khagendranath Kumar Vadlamudi was appointed as a Director was appointed as a Director on 30 Dec 2020 & has been associated with this company since 3 years 8 months .
30 Dec 2020Director Appointment
Musti Kalpana Madhav Kosgi was appointed as a Cfo was appointed as a Cfo on 25 Jul 2019 & has been associated with this company since 5 years 1 month .
25 Jul 2019
Recent News, Updates & Announcement
- SHARE Microfin Asmitha Microfin to swap certain businesses.
VCCircle 05 May 2016
- Microfin firms plead inability.
The petitioner company claimed that it manages or provides investment management advice .
Deccan Chronicle 07 Jun 2015
- MFIs Asmitha Share Spandana may merge.
Business Standard 20 Jan 2013
Frequently asked questions
What is the Incorporation or founding date of Asmitha Microfin Limited?