Madura Micro Finance Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 7.19 Cr
- Company Age 19 Year, 8 Months
- Last Filing with ROC 31 Mar 2022
- Satisfied Charges ₹ 5,010.93 Cr
- Revenue Growth 6.32%
- Profit Growth -6132.34%
- Ebitda -3.20%
- Net Worth -3.39%
- Total Assets 15.39%
About Madura Micro Finance
Madura Micro Finance Limited (MMFL) is Amalgamated company established on 02 Sep 2005 with its office registered at Chennai, Tamil Nadu, India and has been running since 19 Year, 8 Months with a paid up capital of 7.19 Cr. According to MCA records, 7 Directors and 2 Signatories are linked to this company as of 18 Jan 2025.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65929TN2005PLC057390
- Company No.
057390
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
02 Sep 2005
- Date of AGM
26 Aug 2022
- Date of Balance Sheet
31 Mar 2022
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Financial Services
Madura Micro Finance Limited
Explore comprehensive data for Madura Micro Finance Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Madura Micro Finance?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Narayanan  | CEO | 02-Aug-2019 | Current |
| Ganesh Hegde | Company Secretary | 21-Feb-2021 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Manoj Kumar | Director | 18-Mar-2020 | Current |
| Ram Boddupalli | Director | 18-Mar-2020 | Current |
| Udaya Hebbar | Director | 18-Mar-2020 | Current |
Tara Thiagarajan  | Director | 01-Oct-2016 | Current |
| Frank Eddy | Director | 19-Dec-2013 | Current |
| George Joseph | Director | 18-Mar-2020 | Current |
Financial Performance of Madura Micro Finance.
Madura Micro Finance Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 6.32% increase. The company also saw a substantial fall in profitability, with a 6132.34% decrease in profit. The company's net worth dipped by a decrease of 3.39%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Madura Micro Finance?
In 2022, Madura Micro Finance had a promoter holding of 76.32% and a public holding of 23.68%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Scimergent Analytics And Education Private LimitedTara Thiagarajan is a mutual person
Popular Vehicles And Services LimitedGeorge Joseph is a mutual person
Voxelgrids Innovations Private LimitedManoj Kumar is a mutual person
Neelamalai Agro Industries LimitedFrank Eddy is a mutual person
Anudip Foundation For Social WelfareFrank Eddy is a mutual person
Centre For Cellular And Molecular PlatformsManoj Kumar is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹5,010.93 Cr
Charges Breakdown by Lending Institutions
- Others : 3389.57 Cr
- Sidbi : 265.00 Cr
- State Bank Of India : 125.00 Cr
- Idbi Bank Ltd : 111.00 Cr
- Idbi Bank Limited : 85.00 Cr
- Others : 1035.36 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Aug 2021 | Others | ₹65.00 Cr | Satisfied |
| 30 Jun 2021 | Others | ₹25.00 Cr | Satisfied |
| 26 Feb 2021 | Others | ₹200.00 Cr | Satisfied |
| 31 Dec 2020 | Others | ₹25.00 Cr | Satisfied |
| 31 Dec 2020 | Others | ₹65.00 Cr | Satisfied |
How Many Employees Work at Madura Micro Finance?
Madura Micro Finance has a workforce of 2454 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 Madura 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 Madura 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 Madura Micro Finance
Recent activity within the organization
- Charges
A charge registered on 30 Oct 2020 via Charge ID 100385109 with Others was fully satisfied on 20 Mar 2023.
- Charges
A charge registered on 29 Oct 2020 via Charge ID 100383663 with Others was fully satisfied on 16 Mar 2023.
- Charges
A charge registered on 30 Dec 2019 via Charge ID 100316199 with Lakshmi Vilas Bank Limited was fully satisfied on 13 Mar 2023.
- Charges
A charge registered on 23 Aug 2021 via Charge ID 100483200 with Others was fully satisfied on 09 Mar 2023.
- Charges
A charge registered on 12 Jan 2018 via Charge ID 100156710 with Others was fully satisfied on 09 Mar 2023.
- Charges
A charge registered on 30 Dec 2020 via Charge ID 100400040 with Others was fully satisfied on 04 Jan 2023.
Recent News, Updates & Announcement
- More suitors join race to acquire Madura Microfinance.
Madura Microfinance was founded by late banker-turned-entrepreneur KM Thiagarajan and is now run by his non-resident Indian, neuro scientist daughter Tara Thiagarajan..
Frequently asked questions
What is the Incorporation or founding date of Madura Micro Finance Limited?
Madura Micro Finance Limited was incorporated on 02 Sep 2005.
What is authorized share capital and paid-up capital of Madura Micro Finance Limited?
The authorized share capital of Madura Micro Finance Limited is ₹ 10.00 Cr and paid-up capital is ₹ 7.19 Cr.
Who are the current board members & directors of Madura Micro Finance Limited?
Currently 9 directors are associated with Madura Micro Finance Limited.
- Ganesh Hegde
- Narayanan
- Udaya Kumar Hebbar
- Manoj Kumar
- Ram Diwakar Boddupalli
- Tara Thiagarajan
- Frank Solomon Mohan Eddy
- George Joseph
- Nangavaram Chandramouli Sarabeswaran
What is the registered address of Madura Micro Finance Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Madura Micro Finance Limited is No.36 Ii Main Road Kasturiba Nagar, Adyar India, Chennai, Tamil Nadu, 600020.
What is the corporate identification number (CIN) and company number of Madura Micro Finance Limited?
The corporate identification number (CIN) of Madura Micro Finance Limited is U65929TN2005PLC057390 and the company number is 057390 as per Ministry of Corporate Affairs (MCA).
What is the official website of Madura Micro Finance Limited?
The Official website of Madura Micro Finance Limited is https://www.maduramicrofinance.com
What has been the recent revenue trend for Madura Micro Finance Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Madura Micro Finance Limited has risen by 6.32%.
How many employees does Madura Micro Finance Limited currently have?
As Per 2022 financial reports, 2454 employees are currently employed by Madura Micro Finance Limited.
What change has been observed in the net worth of Madura Micro Finance Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Madura Micro Finance Limited has experienced an downturn of -3.39%.
When was the last Balance Sheet of Madura Micro Finance Limited filed with the ROC?
The most recent Balance Sheet for Madura Micro Finance Limited was filed with the ROC on 31 Mar 2022.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
Paolo BrichettiDirector
Siva VissaDirector
Chitra AlaiNominee DirectorAT
Ajit ThomasDirectorSF
Sandeep FariasDirectorRR
Rajasekar RamarajDirectorRN
Raman NairDirectorMA
Mirza AshokDirector
Similar Companies Based on Microfinance Institutions
Tata Capital Limited Mumbai, Maharashtra, India
Shriram Finance Limited Chennai, Tamil Nadu, India
Indian Railway Finance Corporation Limited South West Delhi, Delhi, India
Power Finance Corporation Limited New Delhi, India
Sbi Cards And Payment Services Limited Delhi, India
Mahindra And Mahindra Financial Services Limited Mumbai, Maharashtra, India
Cholamandalam Investment And Finance Company Limited Chennai, Tamil Nadu, India
Bajaj Finance Limited Pune, Maharashtra, India