M Power Micro Finance Profile
Key Indicators
- Authorised Capital ₹ 38.00 Cr
- Paid Up Capital ₹ 28.84 Cr
- Company Age 15 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 63.22 Cr
- Satisfied Charges ₹ 665.14 Cr
- Revenue Growth -9.54%
- Profit Growth 75.52%
- Ebitda 98.53%
- Net Worth 88.18%
- Total Assets -41.60%
About M Power Micro Finance
M Power Micro Finance Private Limited (MPMFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 November 2009 and has a history of 15 years and four months. Its registered office is in Mumbai, Maharashtra, 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 38.00 Cr and a paid-up capital of Rs 28.84 Cr.
The company currently has active open charges totaling ₹63.22 Cr. The company has closed loans amounting to ₹665.14 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at M Power Micro Finance Private Limited India is Birajkumar Pancholi as COMPANY SECRETARY. Desh Dogra and Kozhiyalam Balaji serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65999MH2009PTC197149
- Company No.
197149
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
19 Nov 2009
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
Who are the key members and board of directors at M Power Micro Finance?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Birajkumar Pancholi | Company Secretary | 17-Jun-2020 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Desh Dogra  | Additional Director | 22-Oct-2024 | Current |
| Kozhiyalam Balaji | Whole-Time Director | 19-Nov-2009 | Current |
Financial Performance of M Power Micro Finance.
M Power Micro Finance Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 9.54% decrease. The company also saw a substantial improvement in profitability, with a 75.52% increase in profit. The company's net worth Soared by an impressive increase of 88.18%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of M Power Micro Finance?
In 2023, M Power Micro Finance had a promoter holding of 20.07% and a public holding of 79.93%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Capri Global Capital LimitedDesh Dogra is a mutual person
Ifb Industries LtdDesh Dogra is a mutual person
S Chand And Company LimitedDesh Dogra is a mutual person
Charges (Loans)
Open Charges
₹63.22 Cr
Satisfied Charges
₹665.14 Cr
Charges Breakdown by Lending Institutions
- Others : 62.50 Cr
- Hdfc Bank Limited : 0.62 Cr
- Axis Bank Limited : 0.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Aug 2024 | Others | ₹2.00 Cr | Open |
| 23 May 2024 | Others | ₹3.00 Cr | Open |
| 26 Mar 2024 | Others | ₹5.00 Cr | Open |
| 28 Feb 2024 | Others | ₹5.00 Cr | Open |
| 17 Feb 2024 | Others | ₹1.00 Cr | Open |
How Many Employees Work at M Power Micro Finance?
M Power Micro Finance has a workforce of 383 employees as of Apr 08, 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 M Power Micro Finance, 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 M Power Micro Finance'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 M Power Micro Finance
Recent activity within the organization
- Director Appointment
Desh Raj Dogra was appointed as a Additional Director was appointed as a Additional Director on 22 Oct 2024 & has been associated with this company since 5 months 6 days .
- Annual General Meeting
M Power Micro Finance Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100984416 was registered on 30 Aug 2024.
- Charges
A charge registered on 08 Mar 2022 via Charge ID 100552115 with Others was fully satisfied on 24 Jul 2024.
- Charges
A charge registered on 31 Dec 2021 via Charge ID 100524983 with Others was fully satisfied on 24 Jul 2024.
- Charges
A charge registered on 05 Jul 2021 via Charge ID 100461454 with Others was fully satisfied on 24 Jul 2024.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of M Power Micro Finance Private Limited?
M Power Micro Finance Private Limited was incorporated on 19 Nov 2009.
What is authorized share capital and paid-up capital of M Power Micro Finance Private Limited?
The authorized share capital of M Power Micro Finance Private Limited is ₹ 38.00 Cr and paid-up capital is ₹ 28.84 Cr.
Who are the current board members & directors of M Power Micro Finance Private Limited?
Currently 3 directors are associated with M Power Micro Finance Private Limited.
- Desh Raj Dogra
- Birajkumar Hasmukhlal Pancholi
- Kozhiyalam Veeraraghavan Balaji
What is the registered address of M Power Micro Finance Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of M Power Micro Finance Private Limited is B-212 Arjun Centre Plot No. 231 Govandi Station Road, India, Mumbai, Maharashtra, 400088.
What is the corporate identification number (CIN) and company number of M Power Micro Finance Private Limited?
The corporate identification number (CIN) of M Power Micro Finance Private Limited is U65999MH2009PTC197149 and the company number is 197149 as per Ministry of Corporate Affairs (MCA).
What is the official website of M Power Micro Finance Private Limited?
The Official website of M Power Micro Finance Private Limited is https://www.mpowermicro.com
What has been the recent revenue trend for M Power Micro Finance Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for M Power Micro Finance Private Limited has fallen by -9.54%.
How many employees does M Power Micro Finance Private Limited currently have?
As Per 2023 financial reports, 383 employees are currently employed by M Power Micro Finance Private Limited.
What change has been observed in the net worth of M Power Micro Finance Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of M Power Micro Finance Private Limited has experienced an upsurge of 88.18%.
What are the total open charges for M Power Micro Finance Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for M Power Micro Finance Private Limited amount to ₹ 63.22 Cr.
When was the last Balance Sheet of M Power Micro Finance Private Limited filed with the ROC?
The most recent Balance Sheet for M Power Micro Finance Private Limited was filed with the ROC on 31 Mar 2024.
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