Navodit Foundation

Provides microfinancing services with 22 branches for clients like Aviva and Acko.

2021 | Varanasi, Uttar Pradesh (India) | Active
Last Updated: February 03, 2025

Navodit Foundation Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 3 Year, 2 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 two months 22 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

Who are the key members and board of directors at Navodit Foundation?

Executive Team (1)

Name Designation Appointment Date Status
Prabhat Kumar Country flag representing In Managing Director 06-Apr-2024 Current

Board Members (4)

Name Designation Appointment Date Status
Vinay Singh Country flag representing In Director 05-Aug-2022 Current
Anamika Devi Country flag representing In Director 18-Nov-2021 Current
Anamika Kumari Country flag representing In 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%.

Graph illustrating revenue growth over time
Graph showing 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
1822.65%
Revenue from Operations
1822.65%
Total Assets
2732.84%
Profit or Loss
-1336.99%
Net Worth
-1721.40%
EBITDA
-1048.43%

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.

Shareholding Indicator graph

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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 2 months 6 days .

    04 Dec 2024

  • Annual General Meeting

    Navodit Foundation last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • 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 10 months 1 day .

    08 Apr 2024

  • 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 10 months 3 days .

    06 Apr 2024

  • Balance Sheet

    Navodit Foundation has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 18.00 M with Charge ID 100865443 was registered on 04 Dec 2023.

    04 Dec 2023

Frequently asked questions

  • Navodit Foundation was incorporated on 18 Nov 2021.

  • The authorized share capital of Navodit Foundation is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 6 directors are associated with Navodit Foundation.

    • Vinay Kumar Singh
    • Anamika Devi
    • Anamika Kumari
    • Prabhat Kumar
    • Rishabh Pandey
    • Prabhat Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Navodit Foundation is Sa 15/121 Mawaiya, India, Varanasi, Uttar Pradesh, 221007.

  • The corporate identification number (CIN) of Navodit Foundation is U85300UP2021NPL155679 and the company number is 155679 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Navodit Foundation has risen by 1822.65%.

  • As Per 2023 financial reports, 133 employees are currently employed by Navodit Foundation.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Navodit Foundation has experienced an downturn of -1721.40%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Navodit Foundation amount to ₹ 1.80 Cr.

  • The most recent Balance Sheet for Navodit Foundation was filed with the ROC on 31 Mar 2024.

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