Hindusthan Microfinance Profile
Key Indicators
- Authorised Capital ₹ 21.00 Cr
- Paid Up Capital ₹ 13.51 Cr
- Company Age 28 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 41.75 Cr
- Satisfied Charges ₹ 107.04 Cr
- Revenue Growth 26.95%
- Profit Growth 12.25%
- Ebitda 44.57%
- Net Worth -4.88%
- Total Assets 4.71%
About Hindusthan Microfinance
Hindusthan Microfinance Private Limited (HMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 July 1996 and has a history of 28 years and six months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Shaarathi Credits And Finance 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 21.00 Cr and a paid-up capital of Rs 13.51 Cr.
The company currently has active open charges totaling ₹41.75 Cr. The company has closed loans amounting to ₹107.04 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Hindusthan Microfinance Private Limited India is Pooja Jain as COMPANY SECRETARY. Anil Jadhav, Nagaraja Venkataramaniya, Biswa Mohanty, and One other member serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U99999MH1996PTC101376
- Company No.
101376
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
27 Jul 1996
- Date of AGM
06 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Hindusthan Microfinance?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pooja Jain  | Company Secretary | 25-Jul-2024 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Anil Jadhav | Director | 25-Jul-2007 | Current |
| Nagaraja Venkataramaniya | Director | 24-Jun-2016 | Current |
| Biswa Mohanty | Director | 03-Jun-2022 | Current |
| Satishkumar Rao | Director | 13-Oct-2014 | Current |
Financial Performance of Hindusthan Microfinance.
Hindusthan Microfinance Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.95% increase. The company also saw a substantial improvement in profitability, with a 12.25% increase in profit. The company's net worth dipped by a decrease of 4.88%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Hindusthan Microfinance?
In 2023, Hindusthan Microfinance had a promoter holding of 76.90% and a public holding of 23.10%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Magenta Finance Services Private LimitedBiswa Mohanty is a mutual person
Magalir Micro Capital Private LimitedNagaraja Venkataramaniya is a mutual person
Yvu Financial Services Private LimitedNagaraja Venkataramaniya is a mutual person
Copass Technology & Services Private LimitedAnil Jadhav and Satishkumar Rao are mutual person
Rors Finance Private LimitedNagaraja Venkataramaniya is a mutual person
Sarala Development & Microfinance Private LimitedBiswa Mohanty is a mutual person
Charges (Loans)
₹41.75 Cr
₹107.04 Cr
Charges Breakdown by Lending Institutions
- Others : 27.75 Cr
- State Bank Of India : 13.00 Cr
- Axis Bank Limited : 1.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Aug 2024 | Others | ₹7.50 M | Open |
| 29 Mar 2024 | Others | ₹1.00 Cr | Open |
| 29 Sep 2023 | Others | ₹5.00 Cr | Open |
| 31 Dec 2022 | State Bank Of India | ₹12.00 Cr | Open |
| 09 Nov 2021 | Others | ₹12.00 Cr | Open |
How Many Employees Work at Hindusthan Microfinance?
Hindusthan Microfinance has a workforce of 1232 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Hindusthan Microfinance, 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 Hindusthan Microfinance'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.
