Need Livelihood Microfinance Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
as on 04-07-2024
- Paid Up Capital ₹ 13.33 Cr
as on 04-07-2024
- Company Age 9 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 98.92 Cr
as on 04-07-2024
- Revenue -41.45%
(FY 2023)
- Profit 96.77%
(FY 2023)
- Ebitda 101.16%
(FY 2023)
- Net Worth 20.64%
(FY 2023)
- Total Assets -13.32%
(FY 2023)
About Need Livelihood Microfinance
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 2023. 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, Anil Singh, Mahendra Gailakoti, and Two other members serve as directors at the Company.
- CIN/LLPIN
U65100DL2015PTC287435
- Company No.
287435
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
16 Nov 2015
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Company Details
- Location
New Delhi, Delhi, India
- Telephone
- Email Address
- Website
- Social Media
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 | Additional Director | 18-Apr-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
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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)
Need Zarchi Development Services And Consulting Private LimitedActive 9 years 2 monthsShruti Richa is a mutual person
Need Equity For Equity FoundationActive 9 years 1 monthShruti Richa and Anil Singh are mutual person
- Need Livelihood Employees Welfare Private LimitedActive 6 years 5 months
Anil Singh is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 24 Dec 2020 | ₹1.50 Cr | Satisfied |
Others Creation Date: 01 Dec 2020 | ₹1.50 Cr | Satisfied |
Others Creation Date: 08 Jan 2020 | ₹5.00 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.
