Futureage India Micro Credit Services

Provides microfinance services to underprivileged women in India, in partnership with various organizations.

2014 | Lucknow, Uttar Pradesh (India) | Active
Last Updated: January 05, 2025

Who are the key members and board of directors at Futureage India Micro Credit Services?

Executive Team (1)

NameDesignationAppointment DateStatus
Vijay Maurya Country flag representing InManaging Director09-Jun-2014Current

Board Members (2)

NameDesignationAppointment DateStatus
Rekha Maurya Country flag representing In Director 09-Dec-2016Current
Lalit Dham Country flag representing In Director 15-Oct-2014Current

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%.

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
-6.40%
Revenue from Operations
-6.44%
Total Assets
22.33%
Profit or Loss
-59.65%
Net Worth
3.93%
EBITDA
-32.00%

Charges (Loans)

Open Charges

₹10.05 Cr

Satisfied Charges

₹10.15 Cr

Charges Breakdown by Lending Institutions

  • Others : 10.05 Cr

Latest Charge Details

DateLenderAmountStatus
12 Nov 2019Others₹1.00 CrOpen
23 Aug 2019Others₹2.00 MOpen
11 Jul 2019Others₹3.00 MOpen
15 Mar 2019Others₹3.00 MOpen
21 Jan 2019Others₹2.50 MOpen

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    31 Dec 2020

  • Balance Sheet

    Futureage India Micro Credit Services has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Kanpur.

    31 Mar 2020

  • Charges

    A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100305964 was registered on 12 Nov 2019.

    12 Nov 2019

  • Charges

    A charge with Others amounted to Rs. 0.20 Cr with Charge ID 100291183 was registered on 23 Aug 2019.

    23 Aug 2019

  • Charges

    A charge with Others amounted to Rs. 0.30 Cr with Charge ID 100279343 was registered on 11 Jul 2019.

    11 Jul 2019

  • Charges

    A charge with Others amounted to Rs. 0.30 Cr with Charge ID 100250201 was registered on 15 Mar 2019.

    15 Mar 2019

Frequently asked questions

  • Futureage India Micro Credit Services was incorporated on 09 Jun 2014.

  • The authorized share capital of Futureage India Micro Credit Services is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.

  • Currently 3 directors are associated with Futureage India Micro Credit Services.

    • Vijay Kumar Maurya
    • Rekha Maurya
    • Lalit Krishan Dham
  • 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.

  • 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).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Futureage India Micro Credit Services has fallen by -6.40%.

  • As Per 2020 financial reports, 12 employees are currently employed by Futureage India Micro Credit Services.

  • 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%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Futureage India Micro Credit Services amount to ₹ 10.05 Cr.

  • The most recent Balance Sheet for Futureage India Micro Credit Services was filed with the ROC on 31 Mar 2020.

People also Viewed

Similar Companies Based on Microfinance Institutions