Saisamriddhi Micro Finance Association

Provides microfinance services and financial products to individuals and businesses.

2016 | Gurugram, Haryana (India) | Active
Last Updated: January 25, 2025

Saisamriddhi Micro Finance Association Profile

Key Indicators

  • Company Age 8 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 162.66%
  • Profit Growth 141.51%
  • Ebitda 1852.02%
  • Net Worth 153.59%
  • Total Assets 251.71%

About Saisamriddhi Micro Finance Association

Saisamriddhi Micro Finance Association (SMFA) is a Private Not For Profit Company incorporated in India on 24 February 2016 (Eight years and 11 months 7 days old ). Its registered office is in Gurugram, Haryana, 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 0.00 and a paid-up capital of Rs 0.00, as per Ministry of Corporate Affairs (MCA) records.

Nikhil Solanki, Abhay Nikam, Roshan Saini, and Two other members serve as directors at the Company.

Company Details

  • Location

    Gurugram, Haryana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65924HR2016NPL058356

  • Company No.

    058356

  • Company Classification

    Private Not For Profit Company

  • Incorporation Date

    24 Feb 2016

  • 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 Saisamriddhi Micro Finance Association?

Board Members (5)

Name Designation Appointment Date Status
Nikhil Solanki Country flag representing In Director 18-Dec-2020 Current
Abhay Nikam Country flag representing In Director 25-May-2021 Current
Roshan Saini Country flag representing In Director Current
Rambabu Kataria Country flag representing In Director Current
Sushil Dhaked Country flag representing In Director 25-May-2021 Current

Financial Performance of Saisamriddhi Micro Finance Association.

Saisamriddhi Micro Finance Association, for the financial year ended 2023, experienced significant growth in revenue, with a 162.66% increase. The company also saw a substantial improvement in profitability, with a 141.51% increase in profit. The company's net worth Soared by an impressive increase of 153.59%.

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
162.66%
Revenue from Operations
162.66%
Total Assets
251.71%
Profit or Loss
141.51%
Net Worth
153.59%
EBITDA
1852.02%

What is the Ownership and Shareholding Structure of Saisamriddhi Micro Finance Association?

Unlock access to Saisamriddhi Micro Finance Association's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Saisamriddhi Micro Finance Association?

Unlock and access historical data on people associated with Saisamriddhi Micro Finance Association, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Saisamriddhi Micro Finance Association, 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 Saisamriddhi Micro Finance Association's trajectory.

Rating

Graph displaying rating trends over time

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Alerts

Alert Indicator

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Latest Updates, News, and FAQs on Saisamriddhi Micro Finance Association

Recent activity within the organization

  • Annual General Meeting

    Saisamriddhi Micro Finance Association last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Saisamriddhi Micro Finance Association has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Director Appointment

    Abhay Nikam was appointed as a Director was appointed as a Director on 25 May 2021 & has been associated with this company since 3 years 8 months .

    25 May 2021

  • Director Appointment

    Sushil Kumar Dhaked was appointed as a Director was appointed as a Director on 25 May 2021 & has been associated with this company since 3 years 8 months .

    25 May 2021

  • Director Appointment

    Nikhil Solanki was appointed as a Director was appointed as a Director on 18 Dec 2020 & has been associated with this company since 4 years 1 month .

    18 Dec 2020

  • Company Incorporation

    Saisamriddhi Micro Finance Association was registered on 24 Feb 2016 with Roc Delhi & aged 8 years 11 months as per MCA records.

    24 Feb 2016

Frequently asked questions

  • Saisamriddhi Micro Finance Association was incorporated on 24 Feb 2016.

  • The authorized share capital of Saisamriddhi Micro Finance Association is ₹ 0.00 and paid-up capital is ₹ 0.00.

  • Currently 5 directors are associated with Saisamriddhi Micro Finance Association.

    • Nikhil Solanki
    • Abhay Nikam
    • Roshan Saini
    • Rambabu Kataria
    • Sushil Kumar Dhaked
  • As per Ministry of Corporate Affairs (Mca), the registered address of Saisamriddhi Micro Finance Association is Palwal Road, Ward No.8 Sohna District India, Gurgaon, Haryana, 122001.

  • The corporate identification number (CIN) of Saisamriddhi Micro Finance Association is U65924HR2016NPL058356 and the company number is 058356 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Saisamriddhi Micro Finance Association is https://www.ssmicrofinance.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Saisamriddhi Micro Finance Association has risen by 162.66%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Saisamriddhi Micro Finance Association has experienced an upsurge of 153.59%.

  • The most recent Balance Sheet for Saisamriddhi Micro Finance Association was filed with the ROC on 31 Mar 2023.

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