Hindusthan Microfinance Profile
Key Indicators
- Authorised Capital ₹ 18.00 Cr
as on 05-07-2024
- Paid Up Capital ₹ 13.01 Cr
as on 05-07-2024
- Company Age 28 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 45.00 Cr
as on 05-07-2024
- Satisfied Charges ₹ 102.04 Cr
as on 05-07-2024
- Revenue 26.95%
(FY 2023)
- Profit 12.25%
(FY 2023)
- Ebitda 44.57%
(FY 2023)
- Net Worth -4.88%
(FY 2023)
- Total Assets 4.71%
(FY 2023)
About Hindusthan Microfinance
The Corporate was formerly known as Shaarathi Credits And Finance Private Limited. The Company is engaged in the Finance And Insurance Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 18.00 Cr and a paid-up capital of Rs 13.01 Cr.
The company currently has active open charges totaling ₹45.00 Cr. The company has closed loans amounting to ₹102.04 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Hindusthan Microfinance Private Limited India is Vishal Jain as COMPANY SECRETARY. Nagaraja Venkataramaniya, Biswa Mohanty, Satishkumar Rao, and One other member serve as directors at the Company.
- CIN/LLPIN
U99999MH1996PTC101376
- Company No.
101376
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
27 Jul 1996
- Date of AGM
20 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Hindusthan Microfinance?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vishal Jain | Company Secretary | 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 and Corporate Structure Insights 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
- Ratios
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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)
Magalir Micro Capital Private Limited
Active 9 years 1 monthNagaraja Venkataramaniya is a mutual person
Yvu Financial Services Private Limited
Active 31 years 3 monthsNagaraja Venkataramaniya is a mutual person
Copass Technology & Services Private Limited
Active 11 years 9 monthsSatishkumar Rao and Anil Jadhav are mutual person
Sarala Development & Microfinance Private Limited
Active 32 years 6 monthsBiswa Mohanty is a mutual person
South India Finvest Private Limited
Active 26 years 8 monthsNagaraja Venkataramaniya is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 29 Sep 2023 | ₹5.00 Cr | Open |
State Bank Of India Creation Date: 31 Dec 2022 | ₹12.00 Cr | Open |
Others Creation Date: 09 Nov 2021 | ₹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.
