Asmitha Microfin Profile
Key Indicators
- Authorised Capital ₹ 1,600.00 Cr
- Paid Up Capital ₹ 1,137.58 Cr
- Company Age 23 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- 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 23 years and 11 months. Its registered office is in Andhra Pradesh, 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 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 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. Vaishali Vaidya, Jayasurya Rekam, and Khagendranath Vadlamudi serve as directors at the Company.
Company Details
- Location
Andhra Pradesh, 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
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
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 (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vaishali Vaidya  | Director | 14-Feb-2008 | Current |
| Jayasurya Rekam | Whole-Time Director | 14-Jul-2003 | 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
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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)
₹2,822.46 Cr
₹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.
