Faveo Microfinance Federation

Founded in 2016 and headquartered in Rajasthan, India.

2016 | Jaipur, Rajasthan (India) | Active
Last Updated: December 25, 2024

Faveo Microfinance Federation Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 8 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.51 M

About Faveo Microfinance Federation

Faveo Microfinance Federation (FMF) is a Private Not For Profit Company incorporated in India on 19 July 2016 (Eight years and seven months 7 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.

The company currently has active open charges totaling ₹1.51 M.

Devendra Sharma and Devendra Dangi 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

    U65929RJ2016NPL055529

  • Company No.

    055529

  • Company Classification

    Private Not For Profit Company

  • Incorporation Date

    19 Jul 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 Faveo Microfinance Federation?

Board Members (2)

NameDesignationAppointment DateStatus
Devendra Sharma Country flag representing In Director 19-Jul-2016Current
Devendra Dangi Country flag representing In Director 16-May-2023Current

Financial Performance of Faveo Microfinance Federation.

Faveo Microfinance Federation, for the financial year ended 2019, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

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
Revenue from Operations
Total Assets
Profit or Loss
Net Worth
EBITDA

What is the Ownership and Shareholding Structure of Faveo Microfinance Federation?

In 2017, Faveo Microfinance Federation 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

₹1.51 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.15 Cr

Latest Charge Details

DateLenderAmountStatus
24 Oct 2020Hdfc Bank Limited₹1.51 MOpen

How Many Employees Work at Faveo Microfinance Federation?

Unlock and access historical data on people associated with Faveo Microfinance Federation, 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 Faveo Microfinance Federation, 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 Faveo Microfinance Federation'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 Faveo Microfinance Federation

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Director Appointment

    Devendra Kumar Dangi was appointed as a Director was appointed as a Director on 16 May 2023 & has been associated with this company since 1 year 9 months .

    16 May 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.51 M with Charge ID 100400275 was registered on 24 Oct 2020.

    24 Oct 2020

  • Director Appointment

    Devendra Kumar Sharma was appointed as a Director was appointed as a Director on 19 Jul 2016 & has been associated with this company since 8 years 7 months .

    19 Jul 2016

  • Company Incorporation

    Faveo Microfinance Federation was registered on 19 Jul 2016 with Roc Jaipur & aged 8 years 7 months as per MCA records.

    19 Jul 2016

Frequently asked questions

  • Faveo Microfinance Federation was incorporated on 19 Jul 2016.

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

  • Currently 2 directors are associated with Faveo Microfinance Federation.

    • Devendra Kumar Sharma
    • Devendra Kumar Dangi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Faveo Microfinance Federation is Premises No. 7 First Floor Katewa Bhawan, M.I.Road India, Jaipur, Rajasthan, 302001.

  • The corporate identification number (CIN) of Faveo Microfinance Federation is U65929RJ2016NPL055529 and the company number is 055529 as per Ministry of Corporate Affairs (MCA).

  • As per the financial statements for fiscal Year 2019, The total open charges for Faveo Microfinance Federation amount to ₹ 1.51 M.

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

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