Navodit Foundation

Navodit Foundation

Provides microfinancing services with 22 branches for clients like Aviva and Acko.
2021 | Varanasi, Uttar Pradesh (India) | Active

Last Updated:

December 08, 2024
HomeCompanyNavodit Foundation

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

Executive Team (1)

NameDesignationAppointment DateStatus
Prabhat Kumar InManaging Director06-Apr-2024Current

Board Members(4)

NameDesignationAppointment DateStatus
Vinay Singh In Director 05-Aug-2022Current
Anamika Devi In Director 18-Nov-2021Current
Anamika Kumari In Additional Director 18-Nov-2021Current
Rishabh Pandey Director 04-Dec-2024Current

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%.

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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
1822.65%
Revenue from Operations
1822.65%
Total Assets
2732.84%
Profit or Loss
-1336.99%
Net Worth
-1721.40%
EBITDA
-1048.43%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹18.00 M

LenderAmountStatus

Others

Creation Date: 04 Dec 2023
₹1.80 CrOpen

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.

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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 17 days .

    04 Dec 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 8 months 14 days .

    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 8 months 16 days .

    06 Apr 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

  • Annual General Meeting

    Navodit Foundation last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Navodit Foundation has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kanpur.

    31 Mar 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 2023.

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