Major Micro Credit Association

Founded in 2017 and headquartered in Uttar Pradesh, India.

2017 | Mirzapur, Uttar Pradesh (India) | Active
Last Updated: January 02, 2025

Major Micro Credit Association Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 7 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 41.62%
  • Profit Growth 858.09%
  • Ebitda 182.18%
  • Net Worth 68.76%
  • Total Assets 58.68%

About Major Micro Credit Association

Major Micro Credit Association (MMCA) is a Private Not For Profit Company incorporated in India on 28 August 2017 (Seven years and five months 5 days old ). Its registered office is in Mirzapur, Uttar Pradesh, India.

The Company is engaged in the Non-Profit Organizations 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 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Monu Singh and Amit Singh serve as directors at the Company.

Company Details

  • Location

    Mirzapur, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U85300UP2017NPL096354

  • Company No.

    096354

  • Company Classification

    Private Not For Profit Company

  • Incorporation Date

    28 Aug 2017

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Non-Profit Organizations

Who are the key members and board of directors at Major Micro Credit Association?

Board Members (2)

Name Designation Appointment Date Status
Monu Singh Country flag representing In Director 28-Aug-2017 Current
Amit Singh Country flag representing In Director 28-Aug-2017 Current

Financial Performance of Major Micro Credit Association.

Major Micro Credit Association, for the financial year ended 2020, experienced significant growth in revenue, with a 41.62% increase. The company also saw a substantial improvement in profitability, with a 858.09% increase in profit. The company's net worth Soared by an impressive increase of 68.76%.

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
41.62%
Revenue from Operations
Total Assets
58.68%
Profit or Loss
858.09%
Net Worth
68.76%
EBITDA
182.18%

What is the Ownership and Shareholding Structure of Major Micro Credit Association?

Unlock access to Major Micro Credit Association's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

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 Major Micro Credit Association?

Unlock and access historical data on people associated with Major Micro Credit Association, 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 Major Micro Credit Association, 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 Major Micro Credit Association'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 Major Micro Credit Association

Recent activity within the organization

  • Annual General Meeting

    Major Micro Credit Association last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Major Micro Credit Association has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.

    31 Mar 2024

  • Director Appointment

    Monu Singh was appointed as a Director was appointed as a Director on 28 Aug 2017 & has been associated with this company since 7 years 5 months .

    28 Aug 2017

  • Director Appointment

    Amit Kumar Singh was appointed as a Director was appointed as a Director on 28 Aug 2017 & has been associated with this company since 7 years 5 months .

    28 Aug 2017

  • Company Incorporation

    Major Micro Credit Association was registered on 28 Aug 2017 with Roc Kanpur & aged 7 years 5 months as per MCA records.

    28 Aug 2017

Frequently asked questions

  • Major Micro Credit Association was incorporated on 28 Aug 2017.

  • The authorized share capital of Major Micro Credit Association is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Major Micro Credit Association.

    • Monu Singh
    • Amit Kumar Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Major Micro Credit Association is Allahabad Bank Kailhat, Pachavera India, Mirzapur, Uttar Pradesh, 231305.

  • The corporate identification number (CIN) of Major Micro Credit Association is U85300UP2017NPL096354 and the company number is 096354 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Major Micro Credit Association has risen by 41.62%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Major Micro Credit Association has experienced an upsurge of 68.76%.

  • The most recent Balance Sheet for Major Micro Credit Association was filed with the ROC on 31 Mar 2024.