Iqra Microfinance Federation

Provides microfinance loans and life insurance services with a focus on low-income individuals.

2017 | Varanasi, Uttar Pradesh (India) | Active
Last Updated: December 23, 2024

Iqra Microfinance Federation Profile

Key Indicators

  • Authorised Capital ₹ 2.72 Cr
  • Paid Up Capital ₹ 2.66 Cr
  • Company Age 7 Year, 11 Months
  • Last Filing with ROC 31 Mar 2021
  • Revenue Growth 94.38%
  • Profit Growth 10744.26%
  • Ebitda 330.19%
  • Net Worth 36.74%
  • Total Assets 43.53%

About Iqra Microfinance Federation

Iqra Microfinance Federation (IMF) is a Private Not For Profit Company incorporated in India on 16 March 2017 (Seven years and 11 months 2 days old ). Its registered office is in Varanasi, Uttar Pradesh, 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 2021. It's a company limited by shares with an authorized capital of Rs 2.72 Cr and a paid-up capital of Rs 2.66 Cr, as per Ministry of Corporate Affairs (MCA) records.

Chandra Ojha, Krishna Singh, and Shambhu Srivastava serve as directors at the Company.

Company Details

  • Location

    Varanasi, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    iqramicrofinance.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U85310UP2017NPL091366

  • Company No.

    091366

  • Company Classification

    Private Not For Profit Company

  • Incorporation Date

    16 Mar 2017

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Financial Services

Who are the key members and board of directors at Iqra Microfinance Federation?

Board Members (3)

Name Designation Appointment Date Status
Chandra Ojha Country flag representing In Director 15-Jan-2018 Current
Krishna Singh Country flag representing In Director 08-Jul-2023 Current
Shambhu Srivastava Country flag representing In Director 16-Mar-2017 Current

Financial Performance of Iqra Microfinance Federation.

Iqra Microfinance Federation, for the financial year ended 2020, experienced significant growth in revenue, with a 94.38% increase. The company also saw a substantial improvement in profitability, with a 10744.26% increase in profit. The company's net worth Soared by an impressive increase of 36.74%.

Graph illustrating revenue growth over time
Graph showing 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
94.38%
Revenue from Operations
94.38%
Total Assets
43.53%
Profit or Loss
10744.26%
Net Worth
36.74%
EBITDA
330.19%

What is the Ownership and Shareholding Structure of Iqra Microfinance Federation?

In 2019, Iqra Microfinance Federation had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Iqra Microfinance Federation?

Unlock and access historical data on people associated with Iqra Microfinance Federation, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Iqra Microfinance Federation, 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 Iqra Microfinance Federation'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 Iqra Microfinance Federation

Recent activity within the organization

  • Director Appointment

    Krishna Pratap Singh was appointed as a Director was appointed as a Director on 08 Jul 2023 & has been associated with this company since 1 year 7 months .

    08 Jul 2023

  • Annual General Meeting

    Iqra Microfinance Federation last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Balance Sheet

    Iqra Microfinance Federation has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Kanpur.

    31 Mar 2021

  • Director Appointment

    Chandra Mohan Ojha was appointed as a Director was appointed as a Director on 15 Jan 2018 & has been associated with this company since 7 years 1 month .

    15 Jan 2018

  • Director Appointment

    Shambhu Sharan Srivastava was appointed as a Director was appointed as a Director on 16 Mar 2017 & has been associated with this company since 7 years 11 months .

    16 Mar 2017

  • Company Incorporation

    Iqra Microfinance Federation was registered on 16 Mar 2017 with Roc Kanpur & aged 7 years 11 months as per MCA records.

    16 Mar 2017

Frequently asked questions

  • Iqra Microfinance Federation was incorporated on 16 Mar 2017.

  • The authorized share capital of Iqra Microfinance Federation is ₹ 2.72 Cr and paid-up capital is ₹ 2.66 Cr.

  • Currently 3 directors are associated with Iqra Microfinance Federation.

    • Chandra Mohan Ojha
    • Krishna Pratap Singh
    • Shambhu Sharan Srivastava
  • As per Ministry of Corporate Affairs (Mca), the registered address of Iqra Microfinance Federation is 1St And 2Nd Floor S-12/23 A-1 Piyariya Pokhari Teliyabagh, India, Varanasi, Uttar Pradesh, 221002.

  • The corporate identification number (CIN) of Iqra Microfinance Federation is U85310UP2017NPL091366 and the company number is 091366 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Iqra Microfinance Federation is https://www.iqramicrofinance.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Iqra Microfinance Federation has risen by 94.38%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Iqra Microfinance Federation has experienced an upsurge of 36.74%.

  • The most recent Balance Sheet for Iqra Microfinance Federation was filed with the ROC on 31 Mar 2021.

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