Need Livelihood Microfinance Private Limited

NBFC providing enterprise loans to underserved micro and small entrepreneurs in rural and semi-urban areas.

2015 | New Delhi, Delhi (India) | Active
Last Updated: July 04, 2024

Need Livelihood Microfinance Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 13.33 Cr
  • Company Age 9 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • 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 two months 17 days old ). Its registered office is in New Delhi, 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 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.

Company Details

  • Location

    New Delhi, 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 2023

  • Date of Balance Sheet

    31 Mar 2023

  • 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)

NameDesignationAppointment DateStatus
Anil Singh Country flag representing In Managing Director16-Nov-2015Current
Maneesh Pandey Country flag representing In Company Secretary01-Feb-2023Current

Board Members (4)

NameDesignationAppointment DateStatus
Vivek Chauhan Country flag representing In Director 21-Jul-2017Current
Prakash Singh Country flag representing In Director 31-Mar-2016Current
Shruti Richa Country flag representing In Director 31-Mar-2016Current
Mahendra Gailakoti Country flag representing In Additional Director 18-Apr-2024Current

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%.

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
-41.45%
Revenue from Operations
-22.69%
Total Assets
-13.32%
Profit or Loss
96.77%
Net Worth
20.64%
EBITDA
101.16%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹98.92 Cr

Charges Breakdown by Lending Institutions

  • Others : 98.92 Cr

Latest Charge Details

DateLenderAmountStatus
24 Dec 2020Others₹1.50 CrSatisfied
01 Dec 2020Others₹1.50 CrSatisfied
08 Jan 2020Others₹5.00 CrSatisfied
29 Nov 2019Others₹6.88 MSatisfied
16 Oct 2019Others₹3.00 CrSatisfied

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 Need Livelihood Microfinance

Recent activity within the organization

  • Director Appointment

    Mahendra Singh Gailakoti was appointed as a Additional Director was appointed as a Additional Director on 18 Apr 2024 & has been associated with this company since 9 months 14 days .

    18 Apr 2024

  • Annual General Meeting

    Need Livelihood Microfinance Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge registered on 30 Jun 2018 via Charge ID 100191993 with Others was fully satisfied on 05 Jun 2023.

    05 Jun 2023

  • Balance Sheet

    Need Livelihood Microfinance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge registered on 24 Dec 2020 via Charge ID 100403909 with Others was fully satisfied on 04 Jan 2023.

    04 Jan 2023

  • Charges

    A charge registered on 01 Dec 2020 via Charge ID 100392869 with Others was fully satisfied on 13 Dec 2022.

    13 Dec 2022

Frequently asked questions

  • Need Livelihood Microfinance Private Limited was incorporated on 16 Nov 2015.

  • The authorized share capital of Need Livelihood Microfinance Private Limited is ₹ 20.00 Cr and paid-up capital is ₹ 13.33 Cr.

  • Currently 6 directors are associated with Need Livelihood Microfinance Private Limited.

    • Maneesh Pandey
    • Shruti Richa
    • Anil Kumar Singh
    • Mahendra Singh Gailakoti
    • Prakash Singh
    • Vivek Chauhan
  • 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, New Delhi, India, 110075.

  • 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).

  • The Official website of Need Livelihood Microfinance Private Limited is https://www.needmfi.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Need Livelihood Microfinance Private Limited has fallen by -41.45%.

  • As Per 2023 financial reports, 20 employees are currently employed by Need Livelihood Microfinance Private Limited.

  • 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%.

  • The most recent Balance Sheet for Need Livelihood Microfinance Private Limited was filed with the ROC on 31 Mar 2023.

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