Innovative Microfinance For Poverty Alleviation And Community Transformation Profile
Key Indicators
- Paid Up Capital ₹ 4.28 Cr
- Company Age 20 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.00 Cr
- Satisfied Charges ₹ 66.39 Cr
- Revenue Growth -21.35%
- Profit Growth -342.72%
- Ebitda -83.49%
- Net Worth -23.15%
- Total Assets -19.19%
About Innovative Microfinance For Poverty Alleviation And Community Transformation
Innovative Microfinance For Poverty Alleviation And Community Transformation (IMFPAACT) is a leading Public Not For Profit Company incorporated in India on 15 March 2004 and has a history of 20 years and 11 months. Its registered office is in Chennai, Tamil Nadu, India.
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 0.00 and a paid-up capital of Rs 4.28 Cr.
The company currently has active open charges totaling ₹1.00 Cr. The company has closed loans amounting to ₹66.39 Cr, as per Ministry of Corporate Affairs (MCA) records.
Aiswarya Rao, Elyanger Aier, Lisha John, and Five other members serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U65999TN2004NPL052754
- Company No.
052754
- Company Classification
Public Not For Profit Company
- Incorporation Date
15 Mar 2004
- Date of AGM
25 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Financial Services
Who are the key members and board of directors at Innovative Microfinance For Poverty Alleviation And Community Transformation?
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Aiswarya Rao  | Director | 25-Sep-2024 | Current |
| Elyanger Aier | Director | 29-Mar-2023 | Current |
| Lisha John | Director | 26-Aug-2017 | Current |
| Madhav Bellamkonda | Director | 08-Sep-2020 | Current |
| Benita Nangia | Director | 11-Mar-2021 | Current |
| Abey Abraham | Director | 29-Mar-2023 | Current |
Financial Performance of Innovative Microfinance For Poverty Alleviation And Community Transformation.
Innovative Microfinance For Poverty Alleviation And Community Transformation, for the financial year ended 2021, experienced significant reduction in revenue, with a 21.35% decrease. The company also saw a substantial fall in profitability, with a 342.72% decrease in profit. The company's net worth observed a substantial decline by a decrease of 23.15%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Innovative Microfinance For Poverty Alleviation And Community Transformation?
Unlock access to Innovative Microfinance For Poverty Alleviation And Community Transformation's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
Related Corporates (Common Directorship)
Odisha Forest Development Corporation LimitedElyanger Aier is a mutual person
Charges (Loans)
Open Charges
₹10,000,000.00
Satisfied Charges
₹663,900,000.00
Charges Breakdown by Lending Institutions
- Others : 1.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Apr 2016 | Others | ₹1.00 Cr | Open |
| 07 Mar 2020 | Others | ₹1.50 Cr | Satisfied |
| 20 Mar 2019 | State Bank Of India | ₹5.00 Cr | Satisfied |
| 12 Mar 2019 | Idbi Bank Limited | ₹5.00 Cr | Satisfied |
| 20 Jul 2016 | Others | ₹6.58 Cr | Satisfied |
How Many Employees Work at Innovative Microfinance For Poverty Alleviation And Community Transformation?
Innovative Microfinance For Poverty Alleviation And Community Transformation has a workforce of 11 employees as of Apr 05, 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 Innovative Microfinance For Poverty Alleviation And Community Transformation, 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 Innovative Microfinance For Poverty Alleviation And Community Transformation'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.
Latest Updates, News, and FAQs on Innovative Microfinance For Poverty Alleviation And Community Transformation
Recent activity within the organization
- Annual General Meeting
Innovative Microfinance For Poverty Alleviation And Community Transformation last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.
- Director Appointment
Aiswarya Rajyalaxmi Rao was appointed as a Director was appointed as a Director on 25 Sep 2024 & has been associated with this company since 5 months 9 days .
- Director Appointment
Sushmita Bandopadhyay was appointed as a Director was appointed as a Director on 25 Sep 2024 & has been associated with this company since 5 months 9 days .
- Balance Sheet
Innovative Microfinance For Poverty Alleviation And Community Transformation has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Director Appointment
Stanislas Vivian Rajkumar was appointed as a Director was appointed as a Director on 28 Feb 2024 & has been associated with this company since 1 year 5 days .
- Charges
A charge registered on 07 Mar 2020 via Charge ID 100337884 with Others was fully satisfied on 17 Oct 2023.
Frequently asked questions
What is the Incorporation or founding date of Innovative Microfinance For Poverty Alleviation And Community Transformation?
Innovative Microfinance For Poverty Alleviation And Community Transformation was incorporated on 15 Mar 2004.
What is authorized share capital and paid-up capital of Innovative Microfinance For Poverty Alleviation And Community Transformation?
The authorized share capital of Innovative Microfinance For Poverty Alleviation And Community Transformation is ₹ 0.00 and paid-up capital is ₹ 4.28 Cr.
Who are the current board members & directors of Innovative Microfinance For Poverty Alleviation And Community Transformation?
Currently 8 directors are associated with Innovative Microfinance For Poverty Alleviation And Community Transformation.
- Aiswarya Rajyalaxmi Rao
- Elyanger Aier
- Lisha John
- Madhav Durga Bellamkonda
- Benita Grace Paul Nangia
- Abey Abraham
- Stanislas Vivian Rajkumar
- Sushmita Bandopadhyay
What is the registered address of Innovative Microfinance For Poverty Alleviation And Community Transformation?
As per Ministry of Corporate Affairs (Mca), the registered address of Innovative Microfinance For Poverty Alleviation And Community Transformation is 3/2 Ground Floor, Pookar Street India, Chennai City Corporation, Tamil Nadu, 600026.
What is the corporate identification number (CIN) and company number of Innovative Microfinance For Poverty Alleviation And Community Transformation?
The corporate identification number (CIN) of Innovative Microfinance For Poverty Alleviation And Community Transformation is U65999TN2004NPL052754 and the company number is 052754 as per Ministry of Corporate Affairs (MCA).
What is the official website of Innovative Microfinance For Poverty Alleviation And Community Transformation?
The Official website of Innovative Microfinance For Poverty Alleviation And Community Transformation is https://www.impact-mfi.in
What has been the recent revenue trend for Innovative Microfinance For Poverty Alleviation And Community Transformation?
According to the financial reports for the fiscal year 2021, the revenue trend for Innovative Microfinance For Poverty Alleviation And Community Transformation has fallen by -21.35%.
How many employees does Innovative Microfinance For Poverty Alleviation And Community Transformation currently have?
As Per 2021 financial reports, 11 employees are currently employed by Innovative Microfinance For Poverty Alleviation And Community Transformation.
What change has been observed in the net worth of Innovative Microfinance For Poverty Alleviation And Community Transformation, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Innovative Microfinance For Poverty Alleviation And Community Transformation has experienced an downturn of -23.15%.
What are the total open charges for Innovative Microfinance For Poverty Alleviation And Community Transformation?
As per the financial statements for fiscal Year 2021, The total open charges for Innovative Microfinance For Poverty Alleviation And Community Transformation amount to ₹ 1.00 Cr.
When was the last Balance Sheet of Innovative Microfinance For Poverty Alleviation And Community Transformation filed with the ROC?
The most recent Balance Sheet for Innovative Microfinance For Poverty Alleviation And Community Transformation was filed with the ROC on 31 Mar 2024.
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