Equitas Micro Finance Profile
Key Indicators
- Authorised Capital ₹ 320.00 Cr
- Paid Up Capital ₹ 299.45 Cr
- Company Age 30 Year, 8 Months
- Last Filing with ROC 31 Mar 2016
- Satisfied Charges ₹ 5,410.80 Cr
- Revenue Growth 38.46%
- Profit Growth 17.22%
- Ebitda 33.74%
- Net Worth 21.15%
- Total Assets 61.07%
About Equitas Micro Finance
Equitas Micro Finance Limited (EMFL) is Amalgamated company established on 07 Jul 1994 with its office registered at Chennai, Tamil Nadu, India and has been running since 30 Year, 8 Months with a paid up capital of 299.45 Cr. According to MCA records, 7 Directors and 3 Signatories are linked to this company as of 16 Jan 2025.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65993TN1994PLC028002
- Company No.
028002
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
07 Jul 1994
- Date of AGM
21 Jun 2016
- Date of Balance Sheet
31 Mar 2016
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Financial Services
Who are the key members and board of directors at Equitas Micro Finance?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sridharan N | CFO | 01-Nov-2014 | Current |
Harathy Raghavan  | CEO | 04-Feb-2015 | Current |
| Sampathkumar Ragunathan | Company Secretary | 01-Nov-2014 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Narasimhan Srinivasan | Director | 17-Feb-2012 | Current |
| Arun Ramanathan | Director | 17-Feb-2012 | Current |
| Sampath Pillapakkam | Director | 17-Feb-2012 | Current |
| Yogesh Chand | Director | 17-Feb-2012 | Current |
| Sundaram Ramakrishnan | Nominee Director | 05-Nov-2015 | Current |
| Arun Verma | Director | 08-May-2012 | Current |
Financial Performance of Equitas Micro Finance.
Equitas Micro Finance Limited, for the financial year ended 2016, experienced significant growth in revenue, with a 38.46% increase. The company also saw a substantial improvement in profitability, with a 17.22% increase in profit. The company's net worth Soared by an impressive increase of 21.15%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Equitas Micro Finance?
In 2016, Equitas Micro Finance had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Sampath Pillapakkam is a mutual person
- Tafe Foundation
Sampath Pillapakkam is a mutual person
Tafe Motors And Tractors LimitedSampath Pillapakkam is a mutual person
Amco Batteries LimitedSampath Pillapakkam is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹5,410.80 Cr
Charges Breakdown by Lending Institutions
- Idbi Bank Limited : 700.00 Cr
- Axis Bank Limited : 640.00 Cr
- Standard Chartered Bank : 534.30 Cr
- Small Industries Development Bank Of India : 367.00 Cr
- Others : 360.00 Cr
- Others : 2809.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Sep 2016 | Others | ₹60.00 Cr | Satisfied |
| 31 Aug 2016 | Standard Chartered Bank | ₹202.80 Cr | Satisfied |
| 18 Aug 2016 | Tata Capital Financial Services Limited | ₹50.00 Cr | Satisfied |
| 10 Aug 2016 | Others | ₹100.00 Cr | Satisfied |
| 28 Jul 2016 | Axis Bank Limited | ₹250.00 Cr | Satisfied |
How Many Employees Work at Equitas Micro Finance?
Equitas Micro Finance has a workforce of 0 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 Equitas Micro Finance, 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 Equitas Micro Finance'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.
Latest Updates, News, and FAQs on Equitas Micro Finance
Recent activity within the organization
- Charges
A charge registered on 22 Nov 2014 via Charge ID 10535679 with The South Indian Bank Limited was fully satisfied on 28 Dec 2016.
- Charges
A charge registered on 31 Aug 2016 via Charge ID 100047123 with Standard Chartered Bank was fully satisfied on 15 Dec 2016.
- Charges
A charge registered on 22 Mar 2016 via Charge ID 100016655 with Standard Chartered Bank was fully satisfied on 17 Nov 2016.
- Charges
A charge registered on 09 Oct 2014 via Charge ID 10526592 with Idfc Bank Limited was fully satisfied on 15 Nov 2016.
- Charges
A charge registered on 24 Nov 2014 via Charge ID 10532289 with Standard Chartered Bank was fully satisfied on 14 Nov 2016.
- Charges
A charge registered on 29 May 2015 via Charge ID 10575073 with State Bank Of Travancore was fully satisfied on 04 Nov 2016.
Recent News, Updates & Announcement
For Equitas Small Finance Bank, focus shifts to core performance | Mint.Analysts expect the credit growth to sustain going forward, considering the customer base of the Equitas SFB driven by non-microfinance segments such as small business loans and vehicle finance.
- After RBI's veto, Equitas says has new plan for listing SFB.
In a filing to the BSE, Equitas Holding said it is considering a plan, where Equitas SFB could capitalize its free reserves and issue the company's shares to shareholders of Equitas Holdings without cash consideration, in proportion to their holding in the parent firm. .
Frequently asked questions
What is the Incorporation or founding date of Equitas Micro Finance Limited?
Equitas Micro Finance Limited was incorporated on 07 Jul 1994.
What is authorized share capital and paid-up capital of Equitas Micro Finance Limited?
The authorized share capital of Equitas Micro Finance Limited is ₹ 320.00 Cr and paid-up capital is ₹ 299.45 Cr.
Who are the current board members & directors of Equitas Micro Finance Limited?
Currently 10 directors are associated with Equitas Micro Finance Limited.
- Sampath Bahukudumbi Pillapakkam
- Arun Ramanathan
- Narasimhan Srinivasan
- Yogesh Nanda Chand
- Sundaram Ramakrishnan
- Arun Kumar Verma
- Chitra Chandramouliswaran
- Sridharan N
- Harathy Kasthury Narasimma Raghavan
- Sampathkumar K Ragunathan
What is the registered address of Equitas Micro Finance Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Equitas Micro Finance Limited is 4Th Floor Phase Ii Spencer Plaza No.769 Mount Road, Anna Salai India, Chennai, Tamil Nadu, 600002.
What is the corporate identification number (CIN) and company number of Equitas Micro Finance Limited?
The corporate identification number (CIN) of Equitas Micro Finance Limited is U65993TN1994PLC028002 and the company number is 028002 as per Ministry of Corporate Affairs (MCA).
What is the official website of Equitas Micro Finance Limited?
The Official website of Equitas Micro Finance Limited is https://www.equitas.in
What has been the recent revenue trend for Equitas Micro Finance Limited?
According to the financial reports for the fiscal year 2016, the revenue trend for Equitas Micro Finance Limited has risen by 38.46%.
What change has been observed in the net worth of Equitas Micro Finance Limited, and by what percentage?
The financial reports for the fiscal year 2016 indicates that The net worth of Equitas Micro Finance Limited has experienced an upsurge of 21.15%.
When was the last Balance Sheet of Equitas Micro Finance Limited filed with the ROC?
The most recent Balance Sheet for Equitas Micro Finance Limited was filed with the ROC on 31 Mar 2016.
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