Light Microfinance Profile
Key Indicators
- Authorised Capital ₹ 154.50 Cr
as on 25-07-2024
- Paid Up Capital ₹ 107.80 Cr
as on 25-07-2024
- Company Age 30 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2,975.63 Cr
as on 25-07-2024
- Satisfied Charges ₹ 1,454.36 Cr
as on 25-07-2024
- Revenue 78.18%
(FY 2023)
- Profit 366.06%
(FY 2023)
- Ebitda 117.84%
(FY 2023)
- Net Worth 220.15%
(FY 2023)
- Total Assets 73.61%
(FY 2023)
About Light Microfinance
The Corporate was formerly known as `. 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 154.50 Cr and a paid-up capital of Rs 107.80 Cr.
The company currently has active open charges totaling ₹2,975.63 Cr. The company has closed loans amounting to ₹1,454.36 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Light Microfinance Private Limited India are Aviral Saini as Cfo, Rakesh Kumar as Ceo, and Madhavi Gajjar as Company Secretary. Anuj Kumar, Deepak Amin, Aditya Bhandari, and Three other members serve as directors at the Company.
- CIN/LLPIN
U67120DL1994PTC216764
- Company No.
216764
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
20 Sep 1994
- Date of AGM
12 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Company Details
- Location
New Delhi, Delhi, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Light Microfinance?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Deepak Amin  | Managing Director | 23-Jan-2009 | Current |
| Aviral Saini | CFO | 04-Sep-2020 | Current |
| Rakesh Kumar | CEO | 04-Sep-2020 | Current |
| Madhavi Gajjar | Company Secretary | 12-Aug-2019 | Current |
Board Members(5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rakesh Kumar | Director | 01-Feb-2011 | Current |
| Chandan Sinha | Director | 20-May-2021 | Current |
| Aviral Saini | Director | 01-Jun-2011 | Current |
| Anuj Kumar | Director | 03-Dec-2015 | Current |
| Aditya Bhandari | Nominee Director | 02-Sep-2022 | Current |
Financial Performance and Corporate Structure Insights of Light Microfinance.
Light Microfinance Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 78.18% increase. The company also saw a substantial improvement in profitability, with a 366.06% increase in profit. The company's net worth Soared by an impressive increase of 220.15%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Light Microfinance?
In 2023, Light Microfinance had a promoter holding of 51.50% and a public holding of 48.50%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Incofin India Investment Management Private LimitedActive 5 years 9 monthsAditya Bhandari is a mutual person
Hope Microcredit Finance (India) Private LimitedActive 32 years 2 monthsAditya Bhandari is a mutual person
Saggraha Management Services Private LimitedActive 10 years 7 monthsAditya Bhandari is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 29 May 2024 | ₹36.00 Cr | Open |
Idbi Trusteeship Services Limited Creation Date: 28 May 2024 | ₹200.00 Cr | Open |
Others Creation Date: 27 May 2024 | ₹41.00 Cr | Open |
How Many Employees Work at Light Microfinance?
Light Microfinance has a workforce of 3637 employees as of Apr 06, 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 Light 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 Light 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.
