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Equitas Micro Finance Limited

Provides microfinance services to low-income individuals through group lending model in multiple Indian states.
1994 | Chennai, Tamil Nadu (India) | Merged

Last Updated:

April 25, 2024
HomeCompanyEquitas Micro Finance Limited

Who are the key members and board of directors at Equitas Micro Finance?

Executive Team (3)

NameDesignationAppointment DateStatus
Sridharan NCFO01-Nov-2014Current
Sampathkumar RagunathanCompany Secretary01-Nov-2014Current
Harathy Raghavan InCEO04-Feb-2015Current

Board Members(7)

NameDesignationAppointment DateStatus
Narasimhan Srinivasan In Director 17-Feb-2012Current
Arun Ramanathan In Director 17-Feb-2012Current
Sampath Pillapakkam In Director 17-Feb-2012Current
Yogesh Chand In Director 17-Feb-2012Current
Sundaram Ramakrishnan In Nominee Director 05-Nov-2015Current
Arun Verma In Director 08-May-2012Current

Financial Performance and Corporate Structure Insights 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%.

Revenue Growth Graph
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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
38.46%
Revenue from Operations
38.57%
Total Assets
61.07%
Profit or Loss
17.22%
Net Worth
21.15%
EBITDA
33.74%

Related Corporates (Common Directorship)

Charges (Loans)

Satisfied Charges

₹5,410.80 Cr

LenderAmountStatus

Others

Creation Date: 01 Sep 2016
₹60.00 CrSatisfied

Standard Chartered Bank

Creation Date: 31 Aug 2016
₹202.80 CrSatisfied

Tata Capital Financial Services Limited

Creation Date: 18 Aug 2016
₹50.00 CrSatisfied

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.

Employee Graph

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Rating

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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.

    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.

    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.

    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.

    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.

    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.

    04 Nov 2016

Recent News, Updates & Announcement

Frequently asked questions

  • Equitas Micro Finance Limited was incorporated on 07 Jul 1994.

  • The authorized share capital of Equitas Micro Finance Limited is ₹ 320.00 Cr and paid-up capital is ₹ 299.45 Cr.

  • 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
    • Sampathkumar K Ragunathan
    • Harathy Kasthury Narasimma Raghavan
    • Sridharan N
  • 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, Chennai, Tamil Nadu, India, 600002.

  • 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).

  • The Official website of Equitas Micro Finance Limited is https://www.equitas.in

  • According to the financial reports for the fiscal year 2016, the revenue trend for Equitas Micro Finance Limited has risen by 38.46%.

  • 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%.

  • The most recent Balance Sheet for Equitas Micro Finance Limited was filed with the ROC on 31 Mar 2016.

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