Asmitha Microfin Limited logo

Asmitha Microfin Limited

Provides microcredit and enterprise development services to women, following Grameen Bank's microcredit model.

2001 Andhra Pradesh, Telangana (India) Active

About

Basic Data Updated:

2 months ago
Asmitha Microfin Limited (AML) is a Public Limited Indian Non-Government Company incorporated in India on 26 February 2001 and has a history of 23 years and six months. Its registered office is in Andhra Pradesh, Telangana, India.

The 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

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNU65923TG2001PLC036283
Company No.036283
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date26 Feb 2001
Date of AGM30 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Hyderabad

Financials of Asmitha Microfin Limited

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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

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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

Executive Team (1)

  • MK

    Musti Kosgi CFO

    Appointment Date: 25-Jul-2019

    Status: Current

Board Members(3)

Charges (Loans)

Open Charges Satisfied Charges

₹2,822.46 cr

₹1,534.55 cr

LenderAmountStatus

Idbi Trusteeship Services Limited

Creation Date: 08 May 2014
₹270.00 CrOpen

Others

Creation Date: 24 Sep 2011
₹1,158.21 CrOpen

Andhra Bank

Creation Date: 29 Sep 2010
₹50.00 CrOpen

Deals i

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Rating

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Alert

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Related Corporates (Common Directorship)

  • Srujan Mahila Vikas Foundation

    Srujan Mahila Vikas Foundation

    Active build-icon 12 years 1 month

    Vaishali Vaidya is a mutual person

Recent activity within the organization

  • Activity

    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 2023
  • Activity

    Balance Sheet

    Asmitha Microfin Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023
  • Activity

    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.

    31 Mar 2021
  • Activity

    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 3 years 8 months .

    30 Dec 2020
  • Activity

    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 1 month .

    25 Jul 2019

Recent News, Updates & Announcement

Frequently asked questions

What is the Incorporation or founding date of Asmitha Microfin Limited?

Asmitha Microfin Limited was incorporated 23 years 6 months ago on 26 Feb 2001 with Registrar of Companies Roc Hyderabad.

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