Microcredit Foundation Of India Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 2.00 K
- Company Age 22 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Revenue Growth -63.98%
- Profit Growth 29.20%
- Ebitda 37.31%
- Net Worth -6.99%
- Total Assets -6.51%
About Microcredit Foundation Of India
Microcredit Foundation Of India (MFOI) is a Private Not For Profit Company incorporated in India on 18 February 2002 and has a history of 22 years and 11 months. Its registered office is in Chennai, Tamil Nadu, 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 0.50 M and a paid-up capital of Rs 2.00 K , as per Ministry of Corporate Affairs (MCA) records.
Tara Thiagarajan, Singaram Adaikappan, and Narayanan serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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- Social Media-
Corporate Identity Details
- CIN/LLPIN
U65929TN2002NPL048472
- Company No.
048472
- Company Classification
Private Not For Profit Company
- Incorporation Date
18 Feb 2002
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Microcredit Foundation Of India?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Narayanan  | Additional Director | 10-Jan-2024 | Current |
Tara Thiagarajan  | Director | 30-Sep-2019 | Current |
| Singaram Adaikappan | Director | 06-Mar-2012 | Current |
Financial Performance of Microcredit Foundation Of India.
Microcredit Foundation Of India, for the financial year ended 2022, experienced significant reduction in revenue, with a 63.98% decrease. The company also saw a substantial improvement in profitability, with a 29.2% increase in profit. The company's net worth dipped by a decrease of 6.99%.
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What is the Ownership and Shareholding Structure of Microcredit Foundation Of India?
In 2019, Microcredit Foundation Of India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Scisphere Analytics India Private LimitedTara Thiagarajan is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Microcredit Foundation Of India?
Microcredit Foundation Of India has a workforce of 0 employees as of Apr 10, 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 Microcredit Foundation Of India, 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 Microcredit Foundation Of India'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.
