
Microcredit Foundation Of India
Provides financial services, incorporated in 2002, based in Chennai, India.
Provides financial services, incorporated in 2002, based in Chennai, 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 23 years and two 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.
Chennai, Tamil Nadu, India
+91-XXXXXXXXXX
U65929TN2002NPL048472
048472
Private Not For Profit Company
18 Feb 2002
30 Sep 2023
31 Mar 2023
Unlisted
Roc Chennai
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 |
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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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.
Tara Thiagarajan is a mutual person
There are no open charges registered against the company as per our records.
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.
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.
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Narayanan was appointed as a Additional Director was appointed as a Additional Director on 10 Jan 2024 & has been associated with this company since 1 year 3 months .
Microcredit Foundation Of India last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Microcredit Foundation Of India has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
Tara Thiagarajan was appointed as a Director was appointed as a Director on 30 Sep 2019 & has been associated with this company since 5 years 7 months .
Singaram Adaikappan was appointed as a Director was appointed as a Director on 06 Mar 2012 & has been associated with this company since 13 years 2 months .
Microcredit Foundation Of India was registered on 18 Feb 2002 with Roc Chennai & aged 23 years 2 months as per MCA records.
Microcredit Foundation Of India was incorporated on 18 Feb 2002.
The authorized share capital of Microcredit Foundation Of India is ₹ 0.50 M and paid-up capital is ₹ 2.00 K .
Currently 3 directors are associated with Microcredit Foundation Of India.
As per Ministry of Corporate Affairs (Mca), the registered address of Microcredit Foundation Of India is No.24, Bishop Garden R A Puram India, Chennai City Corporation, Tamil Nadu, 600028.
The corporate identification number (CIN) of Microcredit Foundation Of India is U65929TN2002NPL048472 and the company number is 048472 as per Ministry of Corporate Affairs (MCA).
According to the financial reports for the fiscal year 2022, the revenue trend for Microcredit Foundation Of India has fallen by -63.98%.
The financial reports for the fiscal year 2022 indicates that The net worth of Microcredit Foundation Of India has experienced an downturn of -6.99%.
The most recent Balance Sheet for Microcredit Foundation Of India was filed with the ROC on 31 Mar 2023.
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