Navodit Foundation
Provides microfinancing services with 22 branches for clients like Aviva and Acko.
2021 | Varanasi, Uttar Pradesh (India) | Active
Navodit Foundation Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.10 M
- Company Age 3 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.80 Cr
- Revenue Growth 1822.65%
- Profit Growth -1336.99%
- Ebitda -1048.43%
- Net Worth -1721.40%
- Total Assets 2732.84%
About Navodit Foundation
Navodit Foundation (NF) is a Private Not For Profit Company incorporated in India on 18 November 2021 (Three years and three months 24 days old ). Its registered office is in Varanasi, Uttar Pradesh, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹1.80 Cr.
The Key Managerial Personnel (KMP) at Navodit Foundation India is Prabhat Kumar as CEO. Vinay Singh, Anamika Devi, Anamika Kumari, and Two other members serve as directors at the Company.
Company Details
- Location
Varanasi, Uttar Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U85300UP2021NPL155679
- Company No.
155679
- Company Classification
Private Not For Profit Company
- Incorporation Date
18 Nov 2021
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Kanpur
Industry
Financial Services
Navodit Foundation
Explore comprehensive data for Navodit Foundation, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Navodit Foundation?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Prabhat Kumar  | Managing Director | 06-Apr-2024 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vinay Singh | Director | 05-Aug-2022 | Current |
| Anamika Devi | Director | 18-Nov-2021 | Current |
| Anamika Kumari | Additional Director | 18-Nov-2021 | Current |
| Rishabh Pandey | Director | 04-Dec-2024 | Current |
Financial Performance of Navodit Foundation.
Navodit Foundation, for the financial year ended 2023, experienced significant growth in revenue, with a 1822.65% increase. The company also saw a substantial fall in profitability, with a 1336.99% decrease in profit. The company's net worth observed a substantial decline by a decrease of 1721.4%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Navodit Foundation?
In 2023, Navodit Foundation had a promoter holding of 99.50% and a public holding of 0.50%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Coracle Capital Consulting And Corporate Services Private Limited
Vinay Singh and Prabhat Kumar are mutual person
- Kinda Solutions Private Limited
Anamika Devi is a mutual person
- Cosmos Staffing Solutions Private Limited
Anamika Kumari is a mutual person
Charges (Loans)
Open Charges
₹18.00 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 1.80 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Dec 2023 | Others | ₹1.80 Cr | Open |
How Many Employees Work at Navodit Foundation?
Navodit Foundation has a workforce of 133 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Navodit Foundation, 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 Navodit Foundation'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.
Latest Updates, News, and FAQs on Navodit Foundation
Recent activity within the organization
- Director Appointment
Rishabh Pandey was appointed as a Director was appointed as a Director on 04 Dec 2024 & has been associated with this company since 3 months 8 days .
- Annual General Meeting
Navodit Foundation last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Director Appointment
Prabhat Kumar was appointed as a Ceo was appointed as a Ceo on 08 Apr 2024 & has been associated with this company since 11 months 4 days .
- Director Appointment
Prabhat Kumar was appointed as a Managing Director was appointed as a Managing Director on 06 Apr 2024 & has been associated with this company since 11 months 6 days .
- Balance Sheet
Navodit Foundation has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.
- Charges
A charge with Others amounted to Rs. 18.00 M with Charge ID 100865443 was registered on 04 Dec 2023.
Frequently asked questions
What is the Incorporation or founding date of Navodit Foundation?
Navodit Foundation was incorporated on 18 Nov 2021.
What is authorized share capital and paid-up capital of Navodit Foundation?
The authorized share capital of Navodit Foundation is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Navodit Foundation?
Currently 6 directors are associated with Navodit Foundation.
- Vinay Kumar Singh
- Anamika Devi
- Anamika Kumari
- Prabhat Kumar
- Rishabh Pandey
- Prabhat Kumar
What is the registered address of Navodit Foundation?
As per Ministry of Corporate Affairs (Mca), the registered address of Navodit Foundation is Sa 15/121 Mawaiya, India, Varanasi, Uttar Pradesh, 221007.
What is the corporate identification number (CIN) and company number of Navodit Foundation?
The corporate identification number (CIN) of Navodit Foundation is U85300UP2021NPL155679 and the company number is 155679 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Navodit Foundation?
According to the financial reports for the fiscal year 2023, the revenue trend for Navodit Foundation has risen by 1822.65%.
How many employees does Navodit Foundation currently have?
As Per 2023 financial reports, 133 employees are currently employed by Navodit Foundation.
What change has been observed in the net worth of Navodit Foundation, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Navodit Foundation has experienced an downturn of -1721.40%.
What are the total open charges for Navodit Foundation?
As per the financial statements for fiscal Year 2023, The total open charges for Navodit Foundation amount to ₹ 1.80 Cr.
When was the last Balance Sheet of Navodit Foundation filed with the ROC?
The most recent Balance Sheet for Navodit Foundation was filed with the ROC on 31 Mar 2024.
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