Inditrade Microfinance Profile
Key Indicators
- Authorised Capital ₹ 59.00 Cr
- Paid Up Capital ₹ 57.06 Cr
- Company Age 9 Year, 24 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 223.25 Cr
- Satisfied Charges ₹ 444.35 Cr
- Revenue Growth -12.68%
- Profit Growth -1615.69%
- Ebitda -78.12%
- Net Worth -29.51%
- Total Assets -42.32%
About Inditrade Microfinance
Inditrade Microfinance Limited (IML) is a Public Limited Indian Non-Government Company incorporated in India on 29 January 2016 (Nine years 24 days old ). Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Tree Microfinance 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 2023. It's a company limited by shares with an authorized capital of Rs 59.00 Cr and a paid-up capital of Rs 57.06 Cr.
The company currently has active open charges totaling ₹223.25 Cr. The company has closed loans amounting to ₹444.35 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Inditrade Microfinance Limited India is Rajendra Thote as CEO. Brij Daga, Sudip Bandyopadhyay, Jhuma Guha, and Three other members 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
U67190MH2016PLC306585
- Company No.
306585
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
29 Jan 2016
- Date of AGM
07 Aug 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Inditrade Microfinance?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rajendra Thote | CEO | 22-Aug-2022 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vijay Chugh  | Director | 03-May-2018 | Current |
| Sudip Bandyopadhyay | Director | 19-May-2016 | Current |
| Subroto Chattopadhyay | Director | 03-May-2018 | Current |
| Brij Daga | Director | 19-May-2016 | Current |
| Jhuma Guha | Director | 13-Apr-2016 | Current |
| Kerachan Somasekharan | Director | 19-May-2016 | Current |
Financial Performance of Inditrade Microfinance.
Inditrade Microfinance Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 12.68% decrease. The company also saw a substantial fall in profitability, with a 1615.69% decrease in profit. The company's net worth observed a substantial decline by a decrease of 29.51%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Inditrade Microfinance?
In 2023, Inditrade Microfinance had a promoter holding of 60.56% and a public holding of 39.44%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Totalstart Entrepreneurship Ecosystem DevelopersSudip Bandyopadhyay is a mutual person
Peninsula Publications And Studio Private LimitedSubroto Chattopadhyay is a mutual person
Arka Fincap LimitedVijay Chugh is a mutual person
Ags Transact Technologies LimitedSudip Bandyopadhyay and Jhuma Guha are mutual person
Inditrade Capital LimitedBrij Daga, Sudip Bandyopadhyay and 2 more are mutual person
- Inditrade Fincorp Limited
Brij Daga, Sudip Bandyopadhyay and 3 more are mutual person
Charges (Loans)
₹223.25 Cr
₹444.35 Cr
Charges Breakdown by Lending Institutions
- Others : 79.00 Cr
- State Bank Of India : 31.25 Cr
- Sidbi : 25.00 Cr
- Indian Overseas Bank : 25.00 Cr
- Indian Bank : 20.00 Cr
- Others : 43.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Mar 2024 | Others | ₹3.00 Cr | Open |
| 27 Feb 2023 | Others | ₹3.00 Cr | Open |
| 20 Sep 2022 | Others | ₹5.00 Cr | Open |
| 30 Mar 2022 | Others | ₹5.00 Cr | Open |
| 29 Mar 2022 | Others | ₹10.00 Cr | Open |
How Many Employees Work at Inditrade Microfinance?
Inditrade Microfinance has a workforce of 955 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 Inditrade 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 Inditrade 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.
