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: January 16, 2025

Equitas Micro Finance Profile

Key Indicators

  • Authorised Capital ₹ 320.00 Cr
  • Paid Up Capital ₹ 299.45 Cr
  • Company Age 30 Year, 7 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, 7 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

    equitas.in

  • 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)

NameDesignationAppointment DateStatus
Sridharan N CFO01-Nov-2014Current
Harathy Raghavan Country flag representing In CEO04-Feb-2015Current
Sampathkumar Ragunathan Company Secretary01-Nov-2014Current

Board Members (7)

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

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%.

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
38.46%
Revenue from Operations
38.57%
Total Assets
61.07%
Profit or Loss
17.22%
Net Worth
21.15%
EBITDA
33.74%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
01 Sep 2016Others₹60.00 CrSatisfied
31 Aug 2016Standard Chartered Bank₹202.80 CrSatisfied
18 Aug 2016Tata Capital Financial Services Limited₹50.00 CrSatisfied
10 Aug 2016Others₹100.00 CrSatisfied
28 Jul 2016Axis Bank Limited₹250.00 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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
    • Sridharan N
    • Harathy Kasthury Narasimma Raghavan
    • Sampathkumar K Ragunathan
  • 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.

  • 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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