Ekaakshara Microfinance Association

Founded in 2016 and headquartered in Rajasthan, India.

2016 | Jaipur, Rajasthan (India) | Active
Last Updated: December 12, 2024

Ekaakshara Microfinance Association Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 8 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -7.48%
  • Profit Growth -588.33%
  • Ebitda -22.44%
  • Net Worth -51.59%
  • Total Assets -6.05%

About Ekaakshara Microfinance Association

Ekaakshara Microfinance Association (EMA) is a Private Not For Profit Company incorporated in India on 28 September 2016 (Eight years and four months 19 days old ). Its registered office is in Jaipur, Rajasthan, 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 2024. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Virendra Chaturvedi, Shobha Sharma, and Ramesh Chaturvedi serve as directors at the Company.

Company Details

  • Location

    Jaipur, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65999RJ2016NPL056098

  • Company No.

    056098

  • Company Classification

    Private Not For Profit Company

  • Incorporation Date

    28 Sep 2016

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Financial Services

Who are the key members and board of directors at Ekaakshara Microfinance Association?

Board Members (3)

Name Designation Appointment Date Status
Virendra Chaturvedi Country flag representing In Director 28-Sep-2016 Current
Shobha Sharma Country flag representing In Director 28-Sep-2016 Current
Ramesh Chaturvedi Country flag representing In Director 28-Sep-2016 Current

Financial Performance of Ekaakshara Microfinance Association.

Ekaakshara Microfinance Association, for the financial year ended 2022, experienced Minor drop in revenue, with a 7.48% decrease. The company also saw a substantial fall in profitability, with a 588.33% decrease in profit. The company's net worth observed a substantial decline by a decrease of 51.59%.

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
-7.48%
Revenue from Operations
-5.93%
Total Assets
-6.05%
Profit or Loss
-588.33%
Net Worth
-51.59%
EBITDA
-22.44%

What is the Ownership and Shareholding Structure of Ekaakshara Microfinance Association?

In 2017, Ekaakshara Microfinance Association 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Ekaakshara Microfinance Association?

Unlock and access historical data on people associated with Ekaakshara Microfinance Association, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ekaakshara Microfinance Association, 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 Ekaakshara Microfinance Association'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 Ekaakshara Microfinance Association

Recent activity within the organization

  • Annual General Meeting

    Ekaakshara Microfinance Association last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Ekaakshara Microfinance Association has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jaipur.

    31 Mar 2024

  • Director Appointment

    Virendra Kumar Chaturvedi was appointed as a Director was appointed as a Director on 28 Sep 2016 & has been associated with this company since 8 years 4 months .

    28 Sep 2016

  • Director Appointment

    Shobha Sharma was appointed as a Director was appointed as a Director on 28 Sep 2016 & has been associated with this company since 8 years 4 months .

    28 Sep 2016

  • Director Appointment

    Ramesh Chand Chaturvedi was appointed as a Director was appointed as a Director on 28 Sep 2016 & has been associated with this company since 8 years 4 months .

    28 Sep 2016

  • Company Incorporation

    Ekaakshara Microfinance Association was registered on 28 Sep 2016 with Roc Jaipur & aged 8 years 4 months as per MCA records.

    28 Sep 2016

Frequently asked questions

  • Ekaakshara Microfinance Association was incorporated on 28 Sep 2016.

  • The authorized share capital of Ekaakshara Microfinance Association is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Ekaakshara Microfinance Association.

    • Virendra Kumar Chaturvedi
    • Shobha Sharma
    • Ramesh Chand Chaturvedi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ekaakshara Microfinance Association is 1, A - 33 Mahesh Nagar India, Jaipur, Rajasthan, 302018.

  • The corporate identification number (CIN) of Ekaakshara Microfinance Association is U65999RJ2016NPL056098 and the company number is 056098 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Ekaakshara Microfinance Association has fallen by -7.48%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Ekaakshara Microfinance Association has experienced an downturn of -51.59%.

  • The most recent Balance Sheet for Ekaakshara Microfinance Association was filed with the ROC on 31 Mar 2024.