Sarala Development & Microfinance Private Limited

Microfinance company providing microcredit to women entrepreneurs in rural areas of India.

1992 | Howrah, West Bengal (India) | Active
Last Updated: December 24, 2024

Sarala Development & Microfinance Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 14.40 Cr
  • Company Age 32 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 45.50 Cr
  • Satisfied Charges ₹ 620.21 Cr
  • Revenue Growth -19.44%
  • Profit Growth 25.62%
  • Ebitda -46.97%
  • Net Worth 1.99%
  • Total Assets -3.30%

About Sarala Development & Microfinance

Sarala Development & Microfinance Private Limited (SDMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 April 1992 and has a history of 32 years and nine months. Its registered office is in Howrah, West Bengal, India.

The Corporate was formerly known as Unnati Trade & Fincon Pvt Ltd. 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 14.40 Cr.

The company currently has active open charges totaling ₹45.50 Cr. The company has closed loans amounting to ₹620.21 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sarala Development & Microfinance Private Limited India is Rohit Singh as COMPANY SECRETARY. Rupali Kalita, Pranab Rakshit, Gautam Mukhopadhyay, and Four other members serve as directors at the Company.

Company Details

  • Location

    Howrah, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65910WB1992PTC055152

  • Company No.

    055152

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Apr 1992

  • Date of AGM

    17 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Financial Services

What products or services does Sarala Development & Microfinance Private Limited offer?

Sarala Development & Microfinance Private Limited offers a wide range of products and services, including Banks and Banking Services, Banking Service, Solar & Renewable Energy Products, Solar Power Plants.

Who are the key members and board of directors at Sarala Development & Microfinance?

Executive Team (2)

NameDesignationAppointment DateStatus
Pranab Rakshit Country flag representing In Managing Director22-Jun-2009Current
Rohit Singh Company Secretary27-Aug-2021Current

Board Members (6)

NameDesignationAppointment DateStatus
Maitrayee Banerjee Country flag representing In Director 15-Sep-2018Current
Rupali Kalita Country flag representing In Additional Director 21-Nov-2024Current
Gautam Mukhopadhyay Country flag representing In Director 05-Sep-2020Current
Biswa Mohanty Country flag representing In Director 18-Sep-2015Current
Arabinda Sinha Country flag representing Us Director 27-Sep-2013Current
Pradip Saha Country flag representing In Director 30-Nov-2021Current

Financial Performance of Sarala Development & Microfinance.

Sarala Development & Microfinance Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 19.44% decrease. The company also saw a substantial improvement in profitability, with a 25.62% increase in profit. The company's net worth moved up by a moderate rise of 1.99%.

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
-19.44%
Revenue from Operations
-23.97%
Total Assets
-3.30%
Profit or Loss
25.62%
Net Worth
1.99%
EBITDA
-46.97%

What is the Ownership and Shareholding Structure of Sarala Development & Microfinance?

In 2022, Sarala Development & Microfinance had a promoter holding of 99.82% and a public holding of 0.18%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹45.50 Cr

Satisfied Charges

₹620.21 Cr

Charges Breakdown by Lending Institutions

  • Others : 40.50 Cr
  • Uco Bank : 5.00 Cr

Latest Charge Details

DateLenderAmountStatus
16 Nov 2024Others₹2.00 CrOpen
15 Jul 2024Others₹5.00 CrOpen
20 Jun 2024Others₹5.00 CrOpen
27 Mar 2024Others₹1.00 CrOpen
28 Feb 2024Others₹3.00 CrOpen

How Many Employees Work at Sarala Development & Microfinance?

Sarala Development & Microfinance has a workforce of 335 employees as of Apr 05, 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 Sarala Development & 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 Sarala Development & 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 Sarala Development & Microfinance

Recent activity within the organization

  • Director Appointment

    Rupali Kalita was appointed as a Additional Director was appointed as a Additional Director on 21 Nov 2024 & has been associated with this company since 2 months 11 days .

    21 Nov 2024

  • Charges

    A charge with Others amounted to Rs. 2.00 Cr with Charge ID 101003543 was registered on 16 Nov 2024.

    16 Nov 2024

  • Charges

    A charge registered on 11 Mar 2020 via Charge ID 100329023 with Uco Bank was fully satisfied on 22 Oct 2024.

    22 Oct 2024

  • Charges

    A charge registered on 28 Oct 2021 via Charge ID 100495046 with State Bank Of India was fully satisfied on 17 Oct 2024.

    17 Oct 2024

  • Charges

    A charge registered on 21 Oct 2021 via Charge ID 100495044 with Others was fully satisfied on 17 Oct 2024.

    17 Oct 2024

  • Charges

    A charge registered on 27 Sep 2021 via Charge ID 100482371 with Others was fully satisfied on 03 Oct 2024.

    03 Oct 2024

Frequently asked questions

  • Sarala Development & Microfinance Private Limited was incorporated on 07 Apr 1992.

  • The authorized share capital of Sarala Development & Microfinance Private Limited is ₹ 20.00 Cr and paid-up capital is ₹ 14.40 Cr.

  • Currently 8 directors are associated with Sarala Development & Microfinance Private Limited.

    • Rupali Kalita
    • Pranab Rakshit
    • Gautam Mukhopadhyay
    • Rohit Kumar Singh
    • Maitrayee Banerjee
    • Biswa Bandhu Mohanty
    • Arabinda Kumar Sinha
    • Pradip Kumar Saha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sarala Development & Microfinance Private Limited is 184 Andul Station Road Jhorehat India, Howrah, West Bengal, 711302.

  • The corporate identification number (CIN) of Sarala Development & Microfinance Private Limited is U65910WB1992PTC055152 and the company number is 055152 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sarala Development & Microfinance Private Limited is https://www.sarala.co.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Sarala Development & Microfinance Private Limited has fallen by -19.44%.

  • As Per 2022 financial reports, 335 employees are currently employed by Sarala Development & Microfinance Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Sarala Development & Microfinance Private Limited has experienced an upsurge of 1.99%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Sarala Development & Microfinance Private Limited amount to ₹ 45.50 Cr.

  • The most recent Balance Sheet for Sarala Development & Microfinance Private Limited was filed with the ROC on 31 Mar 2024.

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