Futureage India Micro Credit Services
Provides microfinance services to underprivileged women in India, in partnership with various organizations.
2014 | Lucknow, Uttar Pradesh (India) | Active
Futureage India Micro Credit Services Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 2.00 Cr
- Company Age 10 Year, 10 Months
- Last Filing with ROC 31 Mar 2020
- Open Charges ₹ 10.05 Cr
- Satisfied Charges ₹ 10.15 Cr
- Revenue Growth -6.40%
- Profit Growth -59.65%
- Ebitda -32.00%
- Net Worth 3.93%
- Total Assets 22.33%
About Futureage India Micro Credit Services
Futureage India Micro Credit Services (FIMCS) is a Private Not For Profit Company incorporated in India on 09 June 2014 and has a history of Ten years and ten months. Its registered office is in Lucknow, Uttar Pradesh, 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 2020. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 2.00 Cr.
The company currently has active open charges totaling ₹10.05 Cr. The company has closed loans amounting to ₹10.15 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vijay Maurya, Rekha Maurya, and Lalit Dham serve as directors at the Company.
Company Details
- Location
Lucknow, Uttar Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74900UP2014NPL064232
- Company No.
064232
- Company Classification
Private Not For Profit Company
- Incorporation Date
09 Jun 2014
- Date of AGM
31 Dec 2020
- Date of Balance Sheet
31 Mar 2020
- Listing Status
Unlisted
- ROC Code
Roc Kanpur
Industry
Financial Services
Futureage India Micro Credit Services
Explore comprehensive data for Futureage India Micro Credit Services, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Futureage India Micro Credit Services?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vijay Maurya  | Managing Director | 09-Jun-2014 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rekha Maurya | Director | 09-Dec-2016 | Current |
| Lalit Dham | Director | 15-Oct-2014 | Current |
Financial Performance of Futureage India Micro Credit Services.
Futureage India Micro Credit Services, for the financial year ended 2020, experienced Minor drop in revenue, with a 6.4% decrease. The company also saw a substantial fall in profitability, with a 59.65% decrease in profit. The company's net worth moved up by a moderate rise of 3.93%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Futureage India Micro Credit Services?
In 2019, Futureage India Micro Credit Services had a promoter holding of 55.03% and a public holding of 44.97%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Dwinger Agents Pvt.Ltd.
Vijay Maurya is a mutual person
- Techetech Services Private Limited
Vijay Maurya and Rekha Maurya are mutual person
Charges (Loans)
Open Charges
₹10.05 Cr
Satisfied Charges
₹10.15 Cr
Charges Breakdown by Lending Institutions
- Others : 10.05 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Nov 2019 | Others | ₹1.00 Cr | Open |
| 23 Aug 2019 | Others | ₹2.00 M | Open |
| 11 Jul 2019 | Others | ₹3.00 M | Open |
| 15 Mar 2019 | Others | ₹3.00 M | Open |
| 21 Jan 2019 | Others | ₹2.50 M | Open |
How Many Employees Work at Futureage India Micro Credit Services?
Futureage India Micro Credit Services has a workforce of 12 employees as of Apr 07, 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 Futureage India Micro Credit Services, 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 Futureage India Micro Credit Services'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 Futureage India Micro Credit Services
Recent activity within the organization
- Annual General Meeting
Futureage India Micro Credit Services last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
- Balance Sheet
Futureage India Micro Credit Services has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Kanpur.
- Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100305964 was registered on 12 Nov 2019.
- Charges
A charge with Others amounted to Rs. 0.20 Cr with Charge ID 100291183 was registered on 23 Aug 2019.
- Charges
A charge with Others amounted to Rs. 0.30 Cr with Charge ID 100279343 was registered on 11 Jul 2019.
- Charges
A charge with Others amounted to Rs. 0.30 Cr with Charge ID 100250201 was registered on 15 Mar 2019.
Frequently asked questions
What is the Incorporation or founding date of Futureage India Micro Credit Services?
Futureage India Micro Credit Services was incorporated on 09 Jun 2014.
What is authorized share capital and paid-up capital of Futureage India Micro Credit Services?
The authorized share capital of Futureage India Micro Credit Services is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.
Who are the current board members & directors of Futureage India Micro Credit Services?
Currently 3 directors are associated with Futureage India Micro Credit Services.
- Vijay Kumar Maurya
- Rekha Maurya
- Lalit Krishan Dham
What is the registered address of Futureage India Micro Credit Services?
As per Ministry of Corporate Affairs (Mca), the registered address of Futureage India Micro Credit Services is 409 Arsh Vihar Colony, Madiyaon Jankipuram India, Lucknow, Uttar Pradesh, 226021.
What is the corporate identification number (CIN) and company number of Futureage India Micro Credit Services?
The corporate identification number (CIN) of Futureage India Micro Credit Services is U74900UP2014NPL064232 and the company number is 064232 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Futureage India Micro Credit Services?
According to the financial reports for the fiscal year 2020, the revenue trend for Futureage India Micro Credit Services has fallen by -6.40%.
How many employees does Futureage India Micro Credit Services currently have?
As Per 2020 financial reports, 12 employees are currently employed by Futureage India Micro Credit Services.
What change has been observed in the net worth of Futureage India Micro Credit Services, and by what percentage?
The financial reports for the fiscal year 2020 indicates that The net worth of Futureage India Micro Credit Services has experienced an upsurge of 3.93%.
What are the total open charges for Futureage India Micro Credit Services?
As per the financial statements for fiscal Year 2020, The total open charges for Futureage India Micro Credit Services amount to ₹ 10.05 Cr.
When was the last Balance Sheet of Futureage India Micro Credit Services filed with the ROC?
The most recent Balance Sheet for Futureage India Micro Credit Services was filed with the ROC on 31 Mar 2020.
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