Avanti Microfinance Profile
Key Indicators
- Authorised Capital ₹ 40.00 Cr
as on 24-10-2024
- Paid Up Capital ₹ 39.52 Cr
as on 24-10-2024
- Company Age 8 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Revenue 205.40%
(FY 2023)
- Profit -419.32%
(FY 2023)
- Ebitda -326.91%
(FY 2023)
- Net Worth -73.27%
(FY 2023)
- Total Assets -75.95%
(FY 2023)
About Avanti Microfinance
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 40.00 Cr and a paid-up capital of Rs 39.52 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Avanti Microfinance Private Limited India is Darshil Mehta as COMPANY SECRETARY. Manish Thakkar, Nagaraj Subrahmanya, and Rahul Gupta serve as directors at the Company.
- CIN/LLPIN
U65929KA2016PTC138292
- Company No.
286640
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
07 Oct 2016
- Date of AGM
23 Aug 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Avanti Microfinance?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Darshil Mehta  | Company Secretary | 13-Feb-2024 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nagaraj Subrahmanya | Director | 02-Apr-2024 | Current |
| Manish Thakkar | Director | 02-Apr-2024 | Current |
| Rahul Gupta | Director | 02-Apr-2024 | Current |
Financial Performance and Corporate Structure Insights of Avanti Microfinance.
Avanti Microfinance Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 205.4% increase. The company also saw a substantial fall in profitability, with a 419.32% decrease in profit. The company's net worth observed a substantial decline by a decrease of 73.27%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Avanti Microfinance?
In 2023, Avanti Microfinance had a public holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Avanti Microfinance?
Avanti Microfinance has a workforce of 1 employees as of Apr 08, 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 Avanti 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 Avanti Microfinance'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
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