Micro Units Development & Refinance Agency Limited

NBFC supporting micro enterprise development in India through refinance and support.

2015 | Mumbai, Maharashtra (India) | Active
Last Updated: October 24, 2024

Micro Units Development & Refinance Agency Profile

Key Indicators

  • Authorised Capital ₹ 5,000.00 Cr
  • Paid Up Capital ₹ 1,675.93 Cr
  • Company Age 9 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 51.51%
  • Profit Growth 134.25%
  • Ebitda 53.65%
  • Net Worth 20.01%
  • Total Assets 16.36%

About Micro Units Development & Refinance Agency

Micro Units Development & Refinance Agency Limited (MUDRAL) is a Public Limited Indian Non-Government Company incorporated in India on 18 March 2015 (Nine years and ten months 15 days old ). 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 2023. It's a company limited by shares with an authorized capital of Rs 5,000.00 Cr and a paid-up capital of Rs 1,675.93 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Micro Units Development & Refinance Agency Limited India are Vinay Hedaoo as Ceo, Rajesh Kale as Cfo, and Umesh Patil as Company Secretary. Sudatta Mandal, Manoj Mittal, Prakash Kumar, and Four other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65100MH2015PLC274695

  • Company No.

    274695

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    18 Mar 2015

  • Date of AGM

    27 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Micro Units Development & Refinance Agency?

Executive Team (3)

NameDesignationAppointment DateStatus
Vinay Hedaoo Country flag representing In Managing Director02-Aug-2021Current
Rajesh Kale CFO21-Nov-2022Current
Umesh Patil Country flag representing In Company Secretary02-Jun-2023Current

Board Members (6)

NameDesignationAppointment DateStatus
Manoj Mittal Country flag representing In Nominee Director 28-Aug-2024Current
Sudatta Mandal Country flag representing In Nominee Director 28-May-2021Current
Prakash Kumar Country flag representing In Nominee Director Current
Sadhu Sastry Country flag representing In Director 15-Feb-2023Current
Mala Sinha Country flag representing In Director 05-Jun-2023Current
Sushil Singh Country flag representing In Nominee Director 25-Apr-2024Current

Financial Performance of Micro Units Development & Refinance Agency.

Micro Units Development & Refinance Agency Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 51.51% increase. The company also saw a substantial improvement in profitability, with a 134.25% increase in profit. The company's net worth Soared by an impressive increase of 20.01%.

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
51.51%
Revenue from Operations
51.27%
Total Assets
16.36%
Profit or Loss
134.25%
Net Worth
20.01%
EBITDA
53.65%

What is the Ownership and Shareholding Structure of Micro Units Development & Refinance Agency?

In 2023, Micro Units Development & Refinance Agency had a promoter holding of 100.00%. 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 Micro Units Development & Refinance Agency?

Unlock and access historical data on people associated with Micro Units Development & Refinance Agency, 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 Micro Units Development & Refinance Agency, 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 Micro Units Development & Refinance Agency'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 Micro Units Development & Refinance Agency

Recent activity within the organization

  • Director Appointment

    Manoj Mittal was appointed as a Nominee Director was appointed as a Nominee Director on 28 Aug 2024 & has been associated with this company since 5 months 4 days .

    28 Aug 2024

  • Director Appointment

    Sushil Kumar Singh was appointed as a Nominee Director was appointed as a Nominee Director on 25 Apr 2024 & has been associated with this company since 9 months 7 days .

    25 Apr 2024

  • Annual General Meeting

    Micro Units Development & Refinance Agency Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.

    27 Sep 2023

  • Balance Sheet

    Micro Units Development & Refinance Agency Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Vinay Sudhakarrao Hedaoo was appointed as a Managing Director was appointed as a Managing Director on 02 Aug 2021 & has been associated with this company since 3 years 6 months .

    02 Aug 2021

  • Director Appointment

    Sudatta Mandal was appointed as a Nominee Director was appointed as a Nominee Director on 28 May 2021 & has been associated with this company since 3 years 8 months .

    28 May 2021

Recent News, Updates & Announcement

Frequently asked questions

  • Micro Units Development & Refinance Agency Limited was incorporated on 18 Mar 2015.

  • The authorized share capital of Micro Units Development & Refinance Agency Limited is ₹ 5,000.00 Cr and paid-up capital is ₹ 1,675.93 Cr.

  • Currently 10 directors are associated with Micro Units Development & Refinance Agency Limited.

    • Sudatta Mandal
    • Manoj Mittal
    • Prakash Kumar
    • Vinay Sudhakarrao Hedaoo
    • Sadhu Venkataramana Sastry
    • Mala Sinha
    • Sushil Kumar Singh
    • Vinay Sudhakarrao Hedaoo
    • Rajesh Dhondiba Kale
    • Umesh Dilip Patil
  • As per Ministry of Corporate Affairs (Mca), the registered address of Micro Units Development & Refinance Agency Limited is Swavalamban Bhavan Plot No. C-11 'G' Block Bandra Kurla Complex (East), India, Mumbai, Maharashtra, 400051.

  • The corporate identification number (CIN) of Micro Units Development & Refinance Agency Limited is U65100MH2015PLC274695 and the company number is 274695 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Micro Units Development & Refinance Agency Limited is https://www.mudra.org.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Micro Units Development & Refinance Agency Limited has risen by 51.51%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Micro Units Development & Refinance Agency Limited has experienced an upsurge of 20.01%.

  • The most recent Balance Sheet for Micro Units Development & Refinance Agency Limited was filed with the ROC on 31 Mar 2023.

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