Kiara Microcredit Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
- Paid Up Capital ₹ 17.00 Cr
- Company Age 8 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 103.62 Cr
- Satisfied Charges ₹ 30.40 Cr
- Revenue Growth 35.09%
- Profit Growth 21.42%
- Ebitda 24.28%
- Net Worth 22.56%
- Total Assets 14.22%
About Kiara Microcredit
Kiara Microcredit Private Limited (KMPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 October 2016 (Eight years and four months 3 days old ). Its registered office is in Coimbatore, 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 25.00 Cr and a paid-up capital of Rs 17.00 Cr.
The company currently has active open charges totaling ₹103.62 Cr. The company has closed loans amounting to ₹30.40 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Kiara Microcredit Private Limited India is Siddhi Agarwal as COMPANY SECRETARY. Gopalakrishnan Avinash, Venkataraman Sankar, and Gokul Govindarajan serve as directors at the Company.
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U65900TZ2016PTC031308
- Company No.
113034
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
24 Oct 2016
- Date of AGM
20 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Who are the key members and board of directors at Kiara Microcredit?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gopalakrishnan Avinash  | Managing Director | 24-Oct-2016 | Current |
| Siddhi Agarwal | Company Secretary | 01-Jun-2022 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Venkataraman Sankar | Director | 24-Oct-2016 | Current |
| Gokul Govindarajan | Director | 04-Aug-2018 | Current |
Financial Performance of Kiara Microcredit.
Kiara Microcredit Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 35.09% increase. The company also saw a substantial improvement in profitability, with a 21.42% increase in profit. The company's net worth Soared by an impressive increase of 22.56%.
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- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Kiara Microcredit?
In 2023, Kiara Microcredit had a promoter holding of 32.93% and a public holding of 67.06%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Dharshini Impex Private LimitedGokul Govindarajan is a mutual person
Amrita Chemicals (India) Private LimitedGopalakrishnan Avinash is a mutual person
- Amritha Industries (India) Private Limited
Gopalakrishnan Avinash is a mutual person
- Kyara Haran India Private Limited
Gopalakrishnan Avinash is a mutual person
- Kiara Fluorchem Private Limited
Gopalakrishnan Avinash is a mutual person
- Panpoli Farms And Resorts Private Limited
Venkataraman Sankar and Gokul Govindarajan are mutual person
Charges (Loans)
₹103.62 Cr
₹30.40 Cr
Charges Breakdown by Lending Institutions
- Others : 86.00 Cr
- State Bank Of India : 11.00 Cr
- Tamilnad Mercantile Bank Limited : 6.50 Cr
- Yes Bank Limited : 0.12 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Sep 2024 | Others | ₹2.00 Cr | Open |
| 30 Jul 2024 | Others | ₹1.50 Cr | Open |
| 11 Jul 2024 | Others | ₹1.00 Cr | Open |
| 29 Jun 2024 | Others | ₹3.00 Cr | Open |
| 28 Jun 2024 | Others | ₹2.00 Cr | Open |
How Many Employees Work at Kiara Microcredit?
Unlock and access historical data on people associated with Kiara Microcredit, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Kiara Microcredit, 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 Kiara Microcredit'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
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