Light Microfinance Private Limited

Provides microfinance services in partnership with various banks and institutions, based in Delhi and Ahmedabad.

1994 | Delhi (India) | Active
Last Updated:

Light Microfinance Profile

Key Indicators

  • Authorised Capital ₹ 154.50 Cr
  • Paid Up Capital ₹ 107.80 Cr
  • Company Age 30 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2,975.63 Cr
  • Satisfied Charges ₹ 1,454.36 Cr
  • Revenue Growth 78.18%
  • Profit Growth 366.06%
  • Ebitda 117.84%
  • Net Worth 220.15%
  • Total Assets 73.61%

About Light Microfinance

Light Microfinance Private Limited (LMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 September 1994 and has a history of 30 years and six months. Its registered office is in Delhi, India.

The Corporate was formerly known as K.K.Finbuilds Private 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 2024. 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 Madhavi Gajjar as Company Secretary, Rakesh Kumar as Ceo, and Aviral Saini as Cfo. Aviral Saini, Rakesh Kumar, Aditya Bhandari, and Three other members serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U67120DL1994PTC216764

  • Company No.

    216764

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Sep 1994

  • Date of AGM

    25 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Financial Services

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

Executive Team (4)

NameDesignationAppointment DateStatus
Madhavi Gajjar Company Secretary12-Aug-2019Current
Rakesh Kumar CEO04-Sep-2020Current
Deepak Amin Country flag representing In Managing Director23-Jan-2009Current
Aviral Saini CFO04-Sep-2020Current

Board Members (4)

NameDesignationAppointment DateStatus
Chandan Sinha Country flag representing In Director 20-May-2021Current
Aviral Saini Country flag representing In Director 01-Jun-2011Current
Anuj Kumar Country flag representing In Director 03-Dec-2015Current
Aditya Bhandari Country flag representing In Nominee Director 02-Sep-2022Current

Financial Performance 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%.

Light Microfinance revenue growth over time
Light Microfinance 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
78.18%
Revenue from Operations
76.20%
Total Assets
73.61%
Profit or Loss
366.06%
Net Worth
220.15%
EBITDA
117.84%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2,975.63 Cr

Satisfied Charges

₹1,454.36 Cr

Charges Breakdown by Lending Institutions

  • Others : 1833.13 Cr
  • Sidbi : 295.00 Cr
  • State Bank Of India : 255.00 Cr
  • Idbi Trusteeship Services Limited : 200.00 Cr
  • Indian Overseas Bank : 150.00 Cr
  • Others : 242.50 Cr

Latest Charge Details

DateLenderAmountStatus
29 May 2024Others₹36.00 CrOpen
28 May 2024Idbi Trusteeship Services Limited₹200.00 CrOpen
27 May 2024Others₹41.00 CrOpen
03 Apr 2024Others₹26.79 CrOpen
27 Mar 2024Others₹30.00 CrOpen

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.

Employee growth trends for Light Microfinance Private Limited

Deals i

Graph showing company valuation over time

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

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 Light Microfinance

Recent activity within the organization

  • Annual General Meeting

    Light Microfinance Private Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.

  • Charges

    A charge registered on 26 Nov 2020 via Charge ID 100392437 with Others was fully satisfied on 05 Jul 2024.

  • Charges

    A charge registered on 30 Aug 2021 via Charge ID 100475069 with Others was fully satisfied on 27 Jun 2024.

  • Charges

    A charge registered on 17 May 2018 via Charge ID 100182570 with Others was fully satisfied on 21 Jun 2024.

  • Charges

    A charge registered on 30 Mar 2022 via Charge ID 100554856 with Others was fully satisfied on 06 Jun 2024.

  • Charges

    A charge registered on 29 Apr 2021 via Charge ID 100451196 with Others was fully satisfied on 30 May 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Light Microfinance Private Limited?

    Light Microfinance Private Limited was incorporated on 20 Sep 1994.

  • What is authorized share capital and paid-up capital of Light Microfinance Private Limited?

    The authorized share capital of Light Microfinance Private Limited is ₹ 154.50 Cr and paid-up capital is ₹ 107.80 Cr.

  • Who are the current board members & directors of Light Microfinance Private Limited?

    Currently 9 directors are associated with Light Microfinance Private Limited.

    • Madhavi Ghanshyambhai Gajjar
    • Rakesh Kumar
    • Aviral Saini
    • Rakesh Kumar
    • Aditya Bhandari
    • Deepak Ishwarbhai Amin
    • Anuj Kumar
    • Chandan Sinha
    • Aviral Saini

  • What is the registered address of Light Microfinance Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Light Microfinance Private Limited is 308 Aggarwal Tower Plot No. 2 Sector – 5, Dwarka India, New Delhi, 110075.

  • What is the corporate identification number (CIN) and company number of Light Microfinance Private Limited?

    The corporate identification number (CIN) of Light Microfinance Private Limited is U67120DL1994PTC216764 and the company number is 216764 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Light Microfinance Private Limited?

    The Official website of Light Microfinance Private Limited is https://www.lightmicrofinance.com

  • What has been the recent revenue trend for Light Microfinance Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Light Microfinance Private Limited has risen by 78.18%.

  • How many employees does Light Microfinance Private Limited currently have?

    As Per 2023 financial reports, 3637 employees are currently employed by Light Microfinance Private Limited.

  • What change has been observed in the net worth of Light Microfinance Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Light Microfinance Private Limited has experienced an upsurge of 220.15%.

  • What are the total open charges for Light Microfinance Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Light Microfinance Private Limited amount to ₹ 2,975.63 Cr.

  • When was the last Balance Sheet of Light Microfinance Private Limited filed with the ROC?

    The most recent Balance Sheet for Light Microfinance Private Limited was filed with the ROC on 31 Mar 2024.

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