Avanti Microfinance Profile
Key Indicators
- Authorised Capital ₹ 40.00 Cr
- Paid Up Capital ₹ 39.52 Cr
- Company Age 8 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Revenue Growth 205.40%
- Profit Growth -419.32%
- Ebitda -326.91%
- Net Worth -73.27%
- Total Assets -75.95%
About Avanti Microfinance
Avanti Microfinance Private Limited (AMPL) is a Private Limited Indian Non-Government Company incorporated in India on 07 October 2016 (Eight years and four months 17 days old ). Its registered office is in Bangaluru, Karnataka, 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 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.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- 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
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 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%.
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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)
Rgvn (North East) Microfinance LimitedManish Thakkar is a mutual person
Whizdm Finance Private LimitedNagaraj Subrahmanya is a mutual person
Sewa Grih Rin LimitedManish Thakkar is a mutual person
Avanti Finance Private LimitedRahul Gupta is a mutual person
Social Alpha Advisers LlpManish Thakkar is a mutual person
- Axia Infoserve Llp
Manish Thakkar is a mutual person
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
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.
