Grameen Shakti Microfinance Services Private Limited

Provides microfinance loans to empower poor women in rural and urban areas of India.

1993 | Kolkata, West Bengal (India) | Active
Last Updated:

Grameen Shakti Microfinance Services Profile

Key Indicators

  • Authorised Capital ₹ 18.00 Cr
  • Paid Up Capital ₹ 12.13 Cr
  • Company Age 32 Year, 1 Day
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 78.77 Cr
  • Satisfied Charges ₹ 105.50 Cr
  • Revenue Growth 23.81%
  • Profit Growth 3.59%
  • Ebitda -17.87%
  • Net Worth 16.16%
  • Total Assets 17.38%

About Grameen Shakti Microfinance Services

Grameen Shakti Microfinance Services Private Limited (GSMSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 May 1993 and has a history of 32 years. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Grameen Shakti Financials Services Private Limited. 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 18.00 Cr and a paid-up capital of Rs 12.13 Cr.

The company currently has active open charges totaling ₹78.77 Cr. The company has closed loans amounting to ₹105.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Grameen Shakti Microfinance Services Private Limited India is Sidhant Mohanty as CFO. Ganesh Modak, Sukriti Mukhopadhyay, Sundari Modak, and Two other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51434WB1993PTC058849

  • Company No.

    058849

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 May 1993

  • Date of AGM

    17 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Financial Services
Company report

Grameen Shakti Microfinance Services Private Limited

Explore comprehensive data for Grameen Shakti Microfinance Services Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Grameen Shakti Microfinance Services?

Executive Team (2)

NameDesignationAppointment DateStatus
Ganesh Modak Country flag representing In Managing Director20-Feb-2016Current
Sidhant Mohanty CFO22-Aug-2024Current

Board Members (4)

NameDesignationAppointment DateStatus
Sukriti Mukhopadhyay Country flag representing In Director 30-Jul-2016Current
Sundari Modak Country flag representing In Director 20-Feb-2016Current
Pranab Saha Country flag representing In Director 23-Jun-2021Current
Gautam Sen Country flag representing In Director 23-Jun-2021Current

Financial Performance of Grameen Shakti Microfinance Services.

Grameen Shakti Microfinance Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23.81% increase. The company also saw a slight improvement in profitability, with a 3.59% increase in profit. The company's net worth Soared by an impressive increase of 16.16%.

Grameen Shakti Microfinance Services revenue growth over time
Grameen Shakti Microfinance Services 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
23.81%
Revenue from Operations
8.69%
Total Assets
17.38%
Profit or Loss
3.59%
Net Worth
16.16%
EBITDA
-17.87%

What is the Ownership and Shareholding Structure of Grameen Shakti Microfinance Services?

In 2023, Grameen Shakti Microfinance Services had a promoter holding of 38.34% and a public holding of 61.66%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹78.77 Cr

Satisfied Charges

₹105.50 Cr

Charges Breakdown by Lending Institutions

  • Others : 45.77 Cr
  • State Bank Of India : 28.00 Cr
  • Canara Bank : 5.00 Cr

Latest Charge Details

DateLenderAmountStatus
04 Sep 2024Others₹2.00 CrOpen
21 Aug 2024Others₹3.00 CrOpen
30 Jul 2024Others₹1.00 CrOpen
03 Jul 2024Others₹5.00 CrOpen
07 Jun 2024Others₹1.00 CrOpen

How Many Employees Work at Grameen Shakti Microfinance Services?

Grameen Shakti Microfinance Services has a workforce of 71 employees as of Apr 04, 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 growth trends for Grameen Shakti Microfinance Services Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Grameen Shakti Microfinance 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 Grameen Shakti Microfinance 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 Grameen Shakti Microfinance Services

Recent activity within the organization

  • Charges

    A charge registered on 09 Sep 2021 via Charge ID 100480383 with Others was fully satisfied on 20 Sep 2024.

  • Charges

    A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100979540 was registered on 04 Sep 2024.

  • Director Appointment

    Sidhant Mohanty was appointed as a Cfo was appointed as a Cfo on 22 Aug 2024 & has been associated with this company since 8 months 23 days .

  • Charges

    A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100965256 was registered on 21 Aug 2024.

  • Charges

    A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100961744 was registered on 30 Jul 2024.

  • Annual General Meeting

    Grameen Shakti Microfinance Services Private Limited last Annual general meeting of members was held on 17 Jul 2024 as per latest MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Grameen Shakti Microfinance Services Private Limited?

    Grameen Shakti Microfinance Services Private Limited was incorporated on 14 May 1993.

  • What is authorized share capital and paid-up capital of Grameen Shakti Microfinance Services Private Limited?

    The authorized share capital of Grameen Shakti Microfinance Services Private Limited is ₹ 18.00 Cr and paid-up capital is ₹ 12.13 Cr.

  • Who are the current board members & directors of Grameen Shakti Microfinance Services Private Limited?

    Currently 6 directors are associated with Grameen Shakti Microfinance Services Private Limited.

    • Ganesh Chandra Modak
    • Sukriti Mukhopadhyay
    • Sundari Modak
    • Pranab Kumar Saha
    • Gautam Sen
    • Sidhant Mohanty

  • What is the registered address of Grameen Shakti Microfinance Services Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Grameen Shakti Microfinance Services Private Limited is 13/2 Asutosh Chatterjee Road India, Kolkata, West Bengal, 700031.

  • What is the corporate identification number (CIN) and company number of Grameen Shakti Microfinance Services Private Limited?

    The corporate identification number (CIN) of Grameen Shakti Microfinance Services Private Limited is U51434WB1993PTC058849 and the company number is 058849 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Grameen Shakti Microfinance Services Private Limited?

    The Official website of Grameen Shakti Microfinance Services Private Limited is https://www.grameenshakti.co.in

  • What has been the recent revenue trend for Grameen Shakti Microfinance Services Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Grameen Shakti Microfinance Services Private Limited has risen by 23.81%.

  • How many employees does Grameen Shakti Microfinance Services Private Limited currently have?

    As Per 2023 financial reports, 71 employees are currently employed by Grameen Shakti Microfinance Services Private Limited.

  • What change has been observed in the net worth of Grameen Shakti Microfinance Services Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Grameen Shakti Microfinance Services Private Limited has experienced an upsurge of 16.16%.

  • What are the total open charges for Grameen Shakti Microfinance Services Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Grameen Shakti Microfinance Services Private Limited amount to ₹ 78.77 Cr.

  • When was the last Balance Sheet of Grameen Shakti Microfinance Services Private Limited filed with the ROC?

    The most recent Balance Sheet for Grameen Shakti Microfinance Services Private Limited was filed with the ROC on 31 Mar 2024.

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