Centrum Microcredit Limited

Microfinance institution providing financial services, registered with RBI and owned by CCL.

2016 | Mumbai, Maharashtra (India) | Merged
Last Updated: January 17, 2025

Centrum Microcredit Profile

Key Indicators

  • Authorised Capital ₹ 90.01 Cr
  • Paid Up Capital ₹ 83.21 Cr
  • Company Age 8 Year, 5 Months
  • Last Filing with ROC 31 Mar 2022
  • Satisfied Charges ₹ 1,222.75 Cr
  • Revenue Growth -94.14%
  • Profit Growth -135.30%
  • Ebitda -100.27%
  • Net Worth -0.76%
  • Total Assets -78.03%

About Centrum Microcredit

Centrum Microcredit Limited (CML) is Amalgamated company established on 31 Aug 2016 with its office registered at Mumbai, Maharashtra, India and has been running since 8 Year, 5 Months with a paid up capital of 83.21 Cr. According to MCA records, 3 Directors and 2 Signatories are linked to this company as of 17 Jan 2025.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U67100MH2016PLC285378

  • Company No.

    285378

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    31 Aug 2016

  • Date of AGM

    11 Aug 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Centrum Microcredit?

Executive Team (2)

NameDesignationAppointment DateStatus
Abhinav Maheshwari CFO18-Oct-2022Current
Mamta Khatri Company Secretary24-Aug-2021Current

Board Members (3)

NameDesignationAppointment DateStatus
Rishad Byramjee Country flag representing In Director 22-Mar-2017Current
Ranjan Ghosh Country flag representing In Director 22-Mar-2017Current
Deepa Poncha Country flag representing In Director 05-Nov-2020Current

Financial Performance of Centrum Microcredit.

Centrum Microcredit Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 94.14% decrease. The company also saw a substantial fall in profitability, with a 135.3% decrease in profit. The company's net worth dipped by a decrease of 0.76%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-94.14%
Revenue from Operations
Total Assets
-78.03%
Profit or Loss
-135.30%
Net Worth
-0.76%
EBITDA
-100.27%

What is the Ownership and Shareholding Structure of Centrum Microcredit?

In 2022, Centrum Microcredit had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹1,222.75 Cr

Charges Breakdown by Lending Institutions

  • Others : 1057.56 Cr
  • Sidbi : 50.00 Cr
  • Hdfc Bank Limited : 50.00 Cr
  • State Bank Of India : 40.00 Cr
  • Yes Bank Limited : 20.19 Cr
  • Others : 5.00 Cr

Latest Charge Details

DateLenderAmountStatus
22 Oct 2021Others₹20.00 CrSatisfied
12 Oct 2021Hdfc Bank Limited₹50.00 CrSatisfied
30 Sep 2021Others₹10.00 CrSatisfied
30 Sep 2021Others₹5.00 CrSatisfied
30 Sep 2021Others₹5.00 CrSatisfied

How Many Employees Work at Centrum Microcredit?

Centrum Microcredit has a workforce of 573 employees as of Apr 06, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Centrum Microcredit, 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 Centrum Microcredit's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Centrum Microcredit

Recent activity within the organization

  • Director Appointment

    Abhinav Maheshwari was appointed as a Cfo was appointed as a Cfo on 18 Oct 2022 & has been associated with this company since 2 years 4 months .

    18 Oct 2022

  • Annual General Meeting

    Centrum Microcredit Limited last Annual general meeting of members was held on 11 Aug 2022 as per latest MCA records.

    11 Aug 2022

  • Charges

    A charge registered on 12 Oct 2021 via Charge ID 100493570 with Hdfc Bank Limited was fully satisfied on 04 May 2022.

    04 May 2022

  • Charges

    A charge registered on 18 Dec 2020 via Charge ID 100413552 with Others was fully satisfied on 08 Apr 2022.

    08 Apr 2022

  • Charges

    A charge registered on 29 Jan 2021 via Charge ID 100427461 with Others was fully satisfied on 05 Apr 2022.

    05 Apr 2022

  • Charges

    A charge registered on 30 Sep 2021 via Charge ID 100483434 with Others was fully satisfied on 31 Mar 2022.

    31 Mar 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Centrum Microcredit Limited was incorporated on 31 Aug 2016.

  • The authorized share capital of Centrum Microcredit Limited is ₹ 90.01 Cr and paid-up capital is ₹ 83.21 Cr.

  • Currently 5 directors are associated with Centrum Microcredit Limited.

    • Rishad Khushrooh Byramjee
    • Deepa Fali Poncha
    • Ranjan Ghosh
    • Abhinav Maheshwari
    • Mamta Khatri
  • As per Ministry of Corporate Affairs (Mca), the registered address of Centrum Microcredit Limited is Level-9 Unit 801 Centrum House Vidyanagari Marg Kalina, Santacruz East India, Mumbai, Maharashtra, 400098.

  • The corporate identification number (CIN) of Centrum Microcredit Limited is U67100MH2016PLC285378 and the company number is 285378 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Centrum Microcredit Limited is https://www.centrummicrocredit.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Centrum Microcredit Limited has fallen by -94.14%.

  • As Per 2022 financial reports, 573 employees are currently employed by Centrum Microcredit Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Centrum Microcredit Limited has experienced an downturn of -0.76%.

  • The most recent Balance Sheet for Centrum Microcredit Limited was filed with the ROC on 31 Mar 2022.

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