Navachetana Microfin Services Private Limited

Empowers women through micro-finance lending and offers various loan products for income generating activities.

1995 | Haveri, Karnataka (India) | Active
Last Updated:

Navachetana Microfin Services Profile

Key Indicators

  • Authorised Capital ₹ 100.00 Cr
  • Paid Up Capital ₹ 70.00 Cr
  • Company Age 29 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 762.22 Cr
  • Satisfied Charges ₹ 755.04 Cr
  • Revenue Growth 103.88%
  • Profit Growth 193.23%
  • Ebitda 71.20%
  • Net Worth 57.33%
  • Total Assets 24.34%

About Navachetana Microfin Services

Navachetana Microfin Services Private Limited (NMSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 June 1995 and has a history of 29 years and ten months. Its registered office is in Haveri, Karnataka, India.

The Corporate was formerly known as Navachetana Microfin Services Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 100.00 Cr and a paid-up capital of Rs 70.00 Cr.

The company currently has active open charges totaling ₹762.22 Cr. The company has closed loans amounting to ₹755.04 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Navachetana Microfin Services Private Limited India is Mohan Harini as COMPANY SECRETARY. Nagendrappa Mali, Ramanathan Annamalai, Chandrakala Mali, and Two other members serve as directors at the Company.

Company Details

  • Location

    Haveri, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65922KA1995PTC017982

  • Company No.

    017982

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Jun 1995

  • Date of AGM

    26 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services
Company report

Navachetana Microfin Services Private Limited

Explore comprehensive data for Navachetana Microfin Services Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Navachetana Microfin Services?

Executive Team (2)

NameDesignationAppointment DateStatus
Nagendrappa Mali Country flag representing In Managing Director06-Aug-2008Current
Mohan Harini Company Secretary27-Mar-2024Current

Board Members (4)

NameDesignationAppointment DateStatus
Ramanathan Annamalai Country flag representing In Director 22-Dec-2023Current
Chandrakala Mali Country flag representing In Nominee Director 22-Jul-2015Current
Rudrappa Gadiyappanavar Country flag representing In Director 22-May-2023Current
Ullas Kooli Country flag representing In Director 25-Sep-2019Current

Financial Performance of Navachetana Microfin Services.

Navachetana Microfin Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 103.88% increase. The company also saw a substantial improvement in profitability, with a 193.23% increase in profit. The company's net worth Soared by an impressive increase of 57.33%.

Navachetana Microfin Services revenue growth over time
Navachetana Microfin Services 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
103.88%
Revenue from Operations
107.71%
Total Assets
24.34%
Profit or Loss
193.23%
Net Worth
57.33%
EBITDA
71.20%

What is the Ownership and Shareholding Structure of Navachetana Microfin Services?

In 2023, Navachetana Microfin Services had a promoter holding of 99.95% and a public holding of 0.04%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹762.22 Cr

Satisfied Charges

₹755.04 Cr

Charges Breakdown by Lending Institutions

  • Others : 323.17 Cr
  • State Bank Of India : 110.00 Cr
  • Indian Overseas Bank : 93.25 Cr
  • Sidbi : 75.00 Cr
  • Indian Bank : 55.00 Cr
  • Others : 105.80 Cr

Latest Charge Details

DateLenderAmountStatus
30 Jan 2025Others₹3.00 CrOpen
30 Dec 2024Indian Overseas Bank₹40.00 CrOpen
30 Sep 2024Others₹7.00 CrOpen
27 Sep 2024Canara Bank₹15.00 CrOpen
24 Sep 2024Uco Bank₹20.00 CrOpen

How Many Employees Work at Navachetana Microfin Services?

Navachetana Microfin Services has a workforce of 1215 employees as of Apr 04, 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.

Employee growth trends for Navachetana Microfin Services Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Navachetana Microfin Services, 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 Navachetana Microfin Services'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 Navachetana Microfin Services

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 3.00 Cr with Charge ID 101052319 was registered on 30 Jan 2025.

  • Charges

    A charge with Others of Rs. 15.00 Cr registered on 06 Oct 2023 with Charge ID 100793517 was modified on 21 Jan 2025.

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 40.00 Cr with Charge ID 101035515 was registered on 30 Dec 2024.

  • Charges

    A charge registered on 27 Oct 2022 via Charge ID 100624223 with Others was fully satisfied on 19 Nov 2024.

  • Charges

    A charge registered on 12 Oct 2022 via Charge ID 100622572 with Others was fully satisfied on 15 Nov 2024.

  • Charges

    A charge registered on 17 Aug 2021 via Charge ID 100474065 with Others was fully satisfied on 08 Nov 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Navachetana Microfin Services Private Limited?

    Navachetana Microfin Services Private Limited was incorporated on 07 Jun 1995.

  • What is authorized share capital and paid-up capital of Navachetana Microfin Services Private Limited?

    The authorized share capital of Navachetana Microfin Services Private Limited is ₹ 100.00 Cr and paid-up capital is ₹ 70.00 Cr.

  • Who are the current board members & directors of Navachetana Microfin Services Private Limited?

    Currently 6 directors are associated with Navachetana Microfin Services Private Limited.

    • Nagendrappa Virupakshappa Mali
    • Ramanathan Annamalai
    • Chandrakala Nagendrappa Mali
    • Rudrappa Doddaholiyappa Gadiyappanavar
    • Ullas Mahesh Kooli
    • Mohan Harini

  • What is the registered address of Navachetana Microfin Services Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Navachetana Microfin Services Private Limited is Ctsno.3341/26 1Stfloor Navachetanaheights 1Stcross, Ashwin I Nagar India, Haveri, Karnataka, 581110.

  • What is the corporate identification number (CIN) and company number of Navachetana Microfin Services Private Limited?

    The corporate identification number (CIN) of Navachetana Microfin Services Private Limited is U65922KA1995PTC017982 and the company number is 017982 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Navachetana Microfin Services Private Limited?

    The Official website of Navachetana Microfin Services Private Limited is https://www.navachetana.in

  • What has been the recent revenue trend for Navachetana Microfin Services Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Navachetana Microfin Services Private Limited has risen by 103.88%.

  • How many employees does Navachetana Microfin Services Private Limited currently have?

    As Per 2023 financial reports, 1215 employees are currently employed by Navachetana Microfin Services Private Limited.

  • What change has been observed in the net worth of Navachetana Microfin Services Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Navachetana Microfin Services Private Limited has experienced an upsurge of 57.33%.

  • What are the total open charges for Navachetana Microfin Services Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Navachetana Microfin Services Private Limited amount to ₹ 762.22 Cr.

  • When was the last Balance Sheet of Navachetana Microfin Services Private Limited filed with the ROC?

    The most recent Balance Sheet for Navachetana Microfin Services Private Limited was filed with the ROC on 31 Mar 2024.

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