Madura Micro Finance Limited

Provides unsecured microfinance loans to women SHGs in rural and semi-urban areas.

2005 | Chennai, Tamil Nadu (India) | Merged
Last Updated: January 18, 2025

Madura Micro Finance Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 7.19 Cr
  • Company Age 19 Year, 5 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, 5 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

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

Who are the key members and board of directors at Madura Micro Finance?

Executive Team (2)

NameDesignationAppointment DateStatus
Narayanan Country flag representing In CEO02-Aug-2019Current
Ganesh Hegde Country flag representing In Company Secretary21-Feb-2021Current

Board Members (7)

NameDesignationAppointment DateStatus
Manoj Kumar Country flag representing In Director 18-Mar-2020Current
Ram Boddupalli Country flag representing In Director 18-Mar-2020Current
Udaya Hebbar Country flag representing In Director 18-Mar-2020Current
Tara Thiagarajan Country flag representing Us Director 01-Oct-2016Current
Frank Eddy Country flag representing In Director 19-Dec-2013Current
George Joseph Country flag representing In Director 18-Mar-2020Current

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%.

Graph illustrating revenue growth over time
Graph showing 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
6.32%
Revenue from Operations
5.59%
Total Assets
15.39%
Profit or Loss
-6132.34%
Net Worth
-3.39%
EBITDA
-3.20%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
23 Aug 2021Others₹65.00 CrSatisfied
30 Jun 2021Others₹25.00 CrSatisfied
26 Feb 2021Others₹200.00 CrSatisfied
31 Dec 2020Others₹25.00 CrSatisfied
31 Dec 2020Others₹65.00 CrSatisfied

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    20 Mar 2023

  • Charges

    A charge registered on 29 Oct 2020 via Charge ID 100383663 with Others was fully satisfied on 16 Mar 2023.

    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.

    13 Mar 2023

  • Charges

    A charge registered on 23 Aug 2021 via Charge ID 100483200 with Others was fully satisfied on 09 Mar 2023.

    09 Mar 2023

  • Charges

    A charge registered on 12 Jan 2018 via Charge ID 100156710 with Others was fully satisfied on 09 Mar 2023.

    09 Mar 2023

  • Charges

    A charge registered on 30 Dec 2020 via Charge ID 100400040 with Others was fully satisfied on 04 Jan 2023.

    04 Jan 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Madura Micro Finance Limited was incorporated on 02 Sep 2005.

  • The authorized share capital of Madura Micro Finance Limited is ₹ 10.00 Cr and paid-up capital is ₹ 7.19 Cr.

  • 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
  • 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.

  • 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).

  • The Official website of Madura Micro Finance Limited is https://www.maduramicrofinance.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Madura Micro Finance Limited has risen by 6.32%.

  • As Per 2022 financial reports, 2454 employees are currently employed by Madura Micro Finance Limited.

  • 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%.

  • The most recent Balance Sheet for Madura Micro Finance Limited was filed with the ROC on 31 Mar 2022.

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