Mahasakthi Micro Credit & Services Limited.

Provides micro-financial services to empower individuals and support economic development.

1990 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 06, 2024

Mahasakthi Micro Credit & Services Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 2.18 Cr
  • Company Age 35 Year, 30 Days
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 8.94%
  • Profit Growth 89.23%
  • Ebitda 591.68%
  • Net Worth 4.49%
  • Total Assets 7.68%

About Mahasakthi Micro Credit & Services

Mahasakthi Micro Credit & Services Limited. (MMCSL) is a Public Limited Indian Non-Government Company incorporated in India on 04 January 1990 and has a history of 35 years. Its registered office is in Chennai, Tamil Nadu.

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 5.00 Cr and a paid-up capital of Rs 2.18 Cr, as per Ministry of Corporate Affairs (MCA) records.

Chengacheri Anil, Akkara Ousephunny, and Prajumon serve as directors at the Company.

Company Details

  • Location
    Chennai, Tamil Nadu
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65993TN1990PLC074435

  • Company No.

    074435

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    04 Jan 1990

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

Who are the key members and board of directors at Mahasakthi Micro Credit & Services?

Board Members (3)

Name Designation Appointment Date Status
Chengacheri Anil Country flag representing In Director 27-Nov-2015 Current
Akkara Ousephunny Country flag representing In Director 01-Nov-2019 Current
Prajumon Country flag representing In Director 20-Feb-2021 Current

Financial Performance of Mahasakthi Micro Credit & Services.

Mahasakthi Micro Credit & Services Limited., for the financial year ended 2021, experienced modest growth in revenue, with a 8.94% increase. The company also saw a substantial improvement in profitability, with a 89.23% increase in profit. The company's net worth moved up by a moderate rise of 4.49%.

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
8.94%
Revenue from Operations
79.12%
Total Assets
7.68%
Profit or Loss
89.23%
Net Worth
4.49%
EBITDA
591.68%

What is the Ownership and Shareholding Structure of Mahasakthi Micro Credit & Services?

In 2018, Mahasakthi Micro Credit & Services had a promoter holding of 24.74% and a public holding of 75.26%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Mahasakthi Micro Credit & Services?

Unlock and access historical data on people associated with Mahasakthi Micro Credit & Services, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mahasakthi Micro Credit & Services, 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 Mahasakthi Micro Credit & Services'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 Mahasakthi Micro Credit & Services

Recent activity within the organization

  • Annual General Meeting

    Mahasakthi Micro Credit & Services Limited. last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Mahasakthi Micro Credit & Services Limited. has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Prajumon was appointed as a Director was appointed as a Director on 20 Feb 2021 & has been associated with this company since 3 years 11 months .

    20 Feb 2021

  • Director Appointment

    Akkara Kunjhuvaru Ousephunny was appointed as a Director was appointed as a Director on 01 Nov 2019 & has been associated with this company since 5 years 3 months .

    01 Nov 2019

  • Director Appointment

    Chengacheri Anil was appointed as a Director was appointed as a Director on 27 Nov 2015 & has been associated with this company since 9 years 2 months .

    27 Nov 2015

  • Company Incorporation

    Mahasakthi Micro Credit & Services Limited. was registered on 04 Jan 1990 with Roc Chennai & aged 35 years 30 days as per MCA records.

    04 Jan 1990

Frequently asked questions

  • Mahasakthi Micro Credit & Services Limited. was incorporated on 04 Jan 1990.

  • The authorized share capital of Mahasakthi Micro Credit & Services Limited. is ₹ 5.00 Cr and paid-up capital is ₹ 2.18 Cr.

  • Currently 3 directors are associated with Mahasakthi Micro Credit & Services Limited..

    • Chengacheri Anil
    • Akkara Kunjhuvaru Ousephunny
    • Prajumon
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mahasakthi Micro Credit & Services Limited. is Door No.65 And New No.34 Nelson Manickam Road, Aminijikarai India, Chennai, Tamil Nadu, 600029.

  • The corporate identification number (CIN) of Mahasakthi Micro Credit & Services Limited. is U65993TN1990PLC074435 and the company number is 074435 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mahasakthi Micro Credit & Services Limited. is https://www.mahasakthi.in

  • According to the financial reports for the fiscal year 2021, the revenue trend for Mahasakthi Micro Credit & Services Limited. has risen by 8.94%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Mahasakthi Micro Credit & Services Limited. has experienced an upsurge of 4.49%.

  • The most recent Balance Sheet for Mahasakthi Micro Credit & Services Limited. was filed with the ROC on 31 Mar 2023.

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