Asmitha Microfin Profile
Key Indicators
- Authorised Capital ₹ 1,600.00 Cr
- Paid Up Capital ₹ 1,137.58 Cr
- Company Age 24 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2,822.46 Cr
- Satisfied Charges ₹ 1,534.55 Cr
- Revenue Growth -26.61%
- Profit Growth 47.93%
- Ebitda 90.78%
- Net Worth -1.03%
- Total Assets -0.15%
About Asmitha Microfin
Asmitha Microfin Limited (AML) is a Public Limited Indian Non-Government Company incorporated in India on 26 February 2001 and has a history of 24 years and one month. Its registered office is in Hyderabad, Telangana, India.
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 1,600.00 Cr and a paid-up capital of Rs 1,137.58 Cr.
The company currently has active open charges totaling ₹2,822.46 Cr. The company has closed loans amounting to ₹1,534.55 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Asmitha Microfin Limited India is Musti Kosgi as CFO. Jayasurya Rekam, Vaishali Vaidya, Janaki Gandham, and One other member serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65923TG2001PLC036283
- Company No.
036283
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
26 Feb 2001
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Financial Services
Asmitha Microfin Limited
Explore comprehensive data for Asmitha Microfin Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Asmitha Microfin?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Musti Kosgi | CFO | 25-Jul-2019 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jayasurya Rekam  | Whole-Time Director | 05-Sep-2017 | Current |
| Vaishali Vaidya | Director | 14-Feb-2008 | Current |
| Janaki Gandham | Director | 30-Mar-2024 | Current |
| Khagendranath Vadlamudi | Director | 30-Dec-2020 | Current |
Financial Performance of Asmitha Microfin.
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Asmitha Microfin?
In 2023, Asmitha Microfin had a promoter holding of 9.27% and a public holding of 90.73%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹2,822.46 Cr
Satisfied Charges
₹1,534.55 Cr
Charges Breakdown by Lending Institutions
- Others : 1158.21 Cr
- Hdfc Bank Limited : 272.40 Cr
- Idbi Trusteeship Services Limited : 270.00 Cr
- 3I Infotech Trusteeship Services Limited : 250.00 Cr
- Indian Overseas Bank : 100.00 Cr
- Others : 771.85 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 May 2014 | Idbi Trusteeship Services Limited | ₹270.00 Cr | Open |
| 24 Sep 2011 | Others | ₹1,158.21 Cr | Open |
| 29 Sep 2010 | Andhra Bank | ₹50.00 Cr | Open |
| 28 Sep 2010 | 3I Infotech Trusteeship Services Limited | ₹150.00 Cr | Open |
| 03 Sep 2010 | Standard Chartered Bank | ₹25.00 Cr | Open |
How Many Employees Work at Asmitha Microfin?
Asmitha Microfin has a workforce of 3 employees as of Apr 05, 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 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.
Alerts
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 Asmitha Microfin
Recent activity within the organization
- Annual General Meeting
Asmitha Microfin Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
- Balance Sheet
Asmitha Microfin Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
- Director Appointment
Janaki Rama Rao Gandham was appointed as a Director was appointed as a Director on 30 Mar 2024 & has been associated with this company since 1 year 25 days .
- Charges
A charge registered on 04 Mar 2008 via Charge ID 10089949 with Maanaveeya Holdings & Investments Private Limited was fully satisfied on 31 Mar 2021.
- Director 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 4 years 3 months .
- Director 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 9 months .
Recent News, Updates & Announcement
- Microfin firms plead inability.
The petitioner company claimed that it manages or provides investment management advice .
Frequently asked questions
What is the Incorporation or founding date of Asmitha Microfin Limited?
Asmitha Microfin Limited was incorporated on 26 Feb 2001.
What is authorized share capital and paid-up capital of Asmitha Microfin Limited?
The authorized share capital of Asmitha Microfin Limited is ₹ 1,600.00 Cr and paid-up capital is ₹ 1,137.58 Cr.
Who are the current board members & directors of Asmitha Microfin Limited?
Currently 5 directors are associated with Asmitha Microfin Limited.
- Jayasurya Rekam
- Vaishali Vaidya
- Musti Kalpana Madhav Kosgi
- Janaki Rama Rao Gandham
- Khagendranath Kumar Vadlamudi
What is the registered address of Asmitha Microfin Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Asmitha Microfin Limited is 1-2-58 Plot No 1-3, N Blockhabsiguda Hyderabad India, Andhra Pradesh, Telangana, 500007.
What is the corporate identification number (CIN) and company number of Asmitha Microfin Limited?
The corporate identification number (CIN) of Asmitha Microfin Limited is U65923TG2001PLC036283 and the company number is 036283 as per Ministry of Corporate Affairs (MCA).
What is the official website of Asmitha Microfin Limited?
The Official website of Asmitha Microfin Limited is https://www.asmithamicrofin.com
What has been the recent revenue trend for Asmitha Microfin Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Asmitha Microfin Limited has fallen by -26.61%.
How many employees does Asmitha Microfin Limited currently have?
As Per 2023 financial reports, 3 employees are currently employed by Asmitha Microfin Limited.
What change has been observed in the net worth of Asmitha Microfin Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Asmitha Microfin Limited has experienced an downturn of -1.03%.
What are the total open charges for Asmitha Microfin Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Asmitha Microfin Limited amount to ₹ 2,822.46 Cr.
When was the last Balance Sheet of Asmitha Microfin Limited filed with the ROC?
The most recent Balance Sheet for Asmitha Microfin Limited was filed with the ROC on 31 Mar 2024.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
Xavier PierlucaDirector
Sarah DjariDirector
Manoj MittalNominee Director
Jayant PrasadNominee Director
Daksha ShahDirector
Arun RajeeDirectorMM
Manoj MittalDirectorVR
Vidya RhodaDirector
Similar Companies Based on Microfinance Institutions
Spandana Sphoorty Financial Limited Hyderabad, Telangana, India
Belstar Microfinance Limited Chennai, Tamil Nadu, India
Iifl Samasta Finance Limited Bengaluru, Karnataka, India
Asirvad Micro Finance Limited Chennai, Tamil Nadu, India
Satin Creditcare Network Limited Delhi, India
Sree Gokulam Chit & Finance Co Private Limited Chennai, Tamil Nadu, India
Creditaccess Grameen Limited Bangaluru, Karnataka, India