Microcredit Initiative Of Grameen

Microcredit Initiative Of Grameen

Provides loans for small businesses and home ownership, offers training and microcredit services.
2007 | Mumbai, Maharashtra (India) | Active

Last Updated:

July 07, 2024
HomeCompanyMicrocredit Initiative Of Grameen

Who are the key members and board of directors at Microcredit Initiative Of Grameen?

Board Members(4)

NameDesignationAppointment DateStatus
Arundhati Shelgikar In Director 10-Dec-2018Current
Balkrishna Kulkarni In Director 12-Oct-2007Current
Sanjiv Shelgikar In Director 10-Feb-2015Current
Abdul Khan Bd Director 10-Dec-2018Current

Financial Performance and Corporate Structure Insights of Microcredit Initiative Of Grameen.

Microcredit Initiative Of Grameen, for the financial year ended 2022, experienced significant growth in revenue, with a 49.3% increase. The company also saw a substantial improvement in profitability, with a 406.02% increase in profit. The company's net worth Soared by an impressive increase of 11.6%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
49.30%
Revenue from Operations
50.08%
Total Assets
-11.94%
Profit or Loss
406.02%
Net Worth
11.60%
EBITDA
279.16%

Related Corporates (Common Directorship)

Charges (Loans)

Charges

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

How Many Employees Work at Microcredit Initiative Of Grameen?

Microcredit Initiative Of Grameen has a workforce of 35 employees as of Apr 07, 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.

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Latest Updates, News, and FAQs on Microcredit Initiative Of Grameen

Recent activity within the organization

  • Annual General Meeting

    Microcredit Initiative Of Grameen last Annual general meeting of members was held on 15 Sep 2023 as per latest MCA records.

    15 Sep 2023

  • Balance Sheet

    Microcredit Initiative Of Grameen has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Arundhati Sanjeev Shelgikar was appointed as a Director was appointed as a Director on 10 Dec 2018 & has been associated with this company since 6 years 9 days .

    10 Dec 2018

  • Director Appointment

    Abdul Hai Khan was appointed as a Director was appointed as a Director on 10 Dec 2018 & has been associated with this company since 6 years 9 days .

    10 Dec 2018

  • Director Appointment

    Sanjiv Krishnaji Shelgikar was appointed as a Director was appointed as a Director on 10 Feb 2015 & has been associated with this company since 9 years 10 months .

    10 Feb 2015

  • Director Appointment

    Balkrishna Narayan Kulkarni was appointed as a Director was appointed as a Director on 12 Oct 2007 & has been associated with this company since 17 years 2 months .

    12 Oct 2007

Frequently asked questions

  • Microcredit Initiative Of Grameen was incorporated on 12 Oct 2007.

  • The authorized share capital of Microcredit Initiative Of Grameen is ₹ 0.00 and paid-up capital is ₹ 0.00.

  • Currently 4 directors are associated with Microcredit Initiative Of Grameen.

    • Arundhati Sanjeev Shelgikar
    • Balkrishna Narayan Kulkarni
    • Sanjiv Krishnaji Shelgikar
    • Abdul Hai Khan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Microcredit Initiative Of Grameen is Suruchi 320 Sakharam Sawant Marg, Vile Parle (East), Mumbai, Maharashtra, India, 400057.

  • The corporate identification number (CIN) of Microcredit Initiative Of Grameen is U01403MH2007NPL174981 and the company number is 174981 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Microcredit Initiative Of Grameen is https://www.migmicro.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Microcredit Initiative Of Grameen has risen by 49.30%.

  • As Per 2022 financial reports, 35 employees are currently employed by Microcredit Initiative Of Grameen.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Microcredit Initiative Of Grameen has experienced an upsurge of 11.60%.

  • The most recent Balance Sheet for Microcredit Initiative Of Grameen was filed with the ROC on 31 Mar 2023.

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