Need Livelihood Microfinance Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 13.33 Cr
- Company Age 9 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 98.92 Cr
- Revenue Growth -41.45%
- Profit Growth 96.77%
- Ebitda 101.16%
- Net Worth 20.64%
- Total Assets -13.32%
About Need Livelihood Microfinance
Need Livelihood Microfinance Private Limited (NLMPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 November 2015 (Nine years and three months 19 days old ). Its registered office is in Delhi, 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 20.00 Cr and a paid-up capital of Rs 13.33 Cr.
The company has closed loans amounting to ₹98.92 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Need Livelihood Microfinance Private Limited India is Maneesh Pandey as COMPANY SECRETARY. Shruti Richa, Mahendra Gailakoti, Prakash Singh, and Two other members serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65100DL2015PTC287435
- Company No.
287435
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
16 Nov 2015
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Financial Services
Who are the key members and board of directors at Need Livelihood Microfinance?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anil Singh  | Managing Director | 16-Nov-2015 | Current |
| Maneesh Pandey | Company Secretary | 01-Feb-2023 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vivek Chauhan | Director | 21-Jul-2017 | Current |
| Prakash Singh | Director | 31-Mar-2016 | Current |
| Shruti Richa | Director | 31-Mar-2016 | Current |
| Mahendra Gailakoti | Director | 30-Mar-2024 | Current |
Financial Performance of Need Livelihood Microfinance.
Need Livelihood Microfinance Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 41.45% decrease. The company also saw a substantial improvement in profitability, with a 96.77% increase in profit. The company's net worth Soared by an impressive increase of 20.64%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Need Livelihood Microfinance?
In 2023, Need Livelihood Microfinance had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Precious Pet Services Private LimitedManeesh Pandey is a mutual person
Need Zarchi Development Services And Consulting Private LimitedShruti Richa is a mutual person
Need Equity For Equity FoundationShruti Richa and Anil Singh are mutual person
- Need Livelihood Employees Welfare Private Limited
Anil Singh is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹98.92 Cr
Charges Breakdown by Lending Institutions
- Others : 98.92 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Dec 2020 | Others | ₹1.50 Cr | Satisfied |
| 01 Dec 2020 | Others | ₹1.50 Cr | Satisfied |
| 08 Jan 2020 | Others | ₹5.00 Cr | Satisfied |
| 29 Nov 2019 | Others | ₹6.88 M | Satisfied |
| 16 Oct 2019 | Others | ₹3.00 Cr | Satisfied |
How Many Employees Work at Need Livelihood Microfinance?
Need Livelihood Microfinance has a workforce of 20 employees as of Mar 28, 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 Need Livelihood Microfinance, 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 Need Livelihood Microfinance'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 Need Livelihood Microfinance
Recent activity within the organization
- Annual General Meeting
Need Livelihood Microfinance Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Need Livelihood Microfinance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
- Director Appointment
Mahendra Singh Gailakoti was appointed as a Director was appointed as a Director on 30 Mar 2024 & has been associated with this company since 11 months 5 days .
- Charges
A charge registered on 30 Jun 2018 via Charge ID 100191993 with Others was fully satisfied on 05 Jun 2023.
- Charges
A charge registered on 24 Dec 2020 via Charge ID 100403909 with Others was fully satisfied on 04 Jan 2023.
- Charges
A charge registered on 01 Dec 2020 via Charge ID 100392869 with Others was fully satisfied on 13 Dec 2022.
Frequently asked questions
What is the Incorporation or founding date of Need Livelihood Microfinance Private Limited?
Need Livelihood Microfinance Private Limited was incorporated on 16 Nov 2015.
What is authorized share capital and paid-up capital of Need Livelihood Microfinance Private Limited?
The authorized share capital of Need Livelihood Microfinance Private Limited is ₹ 20.00 Cr and paid-up capital is ₹ 13.33 Cr.
Who are the current board members & directors of Need Livelihood Microfinance Private Limited?
Currently 6 directors are associated with Need Livelihood Microfinance Private Limited.
- Shruti Richa
- Mahendra Singh Gailakoti
- Maneesh Pandey
- Prakash Singh
- Vivek Chauhan
- Anil Kumar Singh
What is the registered address of Need Livelihood Microfinance Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Need Livelihood Microfinance Private Limited is Plot No 121 Block B Pocket-4, Sector-23 Dwarka India, New Delhi, 110075.
What is the corporate identification number (CIN) and company number of Need Livelihood Microfinance Private Limited?
The corporate identification number (CIN) of Need Livelihood Microfinance Private Limited is U65100DL2015PTC287435 and the company number is 287435 as per Ministry of Corporate Affairs (MCA).
What is the official website of Need Livelihood Microfinance Private Limited?
The Official website of Need Livelihood Microfinance Private Limited is https://www.needmfi.in
What has been the recent revenue trend for Need Livelihood Microfinance Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Need Livelihood Microfinance Private Limited has fallen by -41.45%.
How many employees does Need Livelihood Microfinance Private Limited currently have?
As Per 2023 financial reports, 20 employees are currently employed by Need Livelihood Microfinance Private Limited.
What change has been observed in the net worth of Need Livelihood Microfinance Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Need Livelihood Microfinance Private Limited has experienced an upsurge of 20.64%.
When was the last Balance Sheet of Need Livelihood Microfinance Private Limited filed with the ROC?
The most recent Balance Sheet for Need Livelihood Microfinance Private Limited was filed with the ROC on 31 Mar 2024.
People also Viewed
Lalit SrivastavaDirectorGG
Govind GuptaDirector
Similar Companies Based on Microfinance Institutions
Tata Capital Limited Mumbai, Maharashtra, India
Shriram Finance Limited Chennai, Tamil Nadu, India
Indian Railway Finance Corporation Limited South West Delhi, Delhi, India
Power Finance Corporation Limited New Delhi, India
Sbi Cards And Payment Services Limited Delhi, India
Mahindra And Mahindra Financial Services Limited Mumbai, Maharashtra, India
Cholamandalam Investment And Finance Company Limited Chennai, Tamil Nadu, India
Bajaj Finance Limited Pune, Maharashtra, India