Sarnath Micro Credit Association

Founded in 2017 and headquartered in Uttar Pradesh, India.

2017 | Varanasi, Uttar Pradesh (India) | Active
Last Updated:

Sarnath Micro Credit Association Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 7 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 14.85%
  • Profit Growth 76.04%
  • Ebitda 176.05%
  • Net Worth -3.14%
  • Total Assets -0.81%

About Sarnath Micro Credit Association

Sarnath Micro Credit Association (SMCA) is a Private Not For Profit Company incorporated in India on 15 May 2017 (Seven years and 11 months 16 days old ). Its registered office is in Varanasi, Uttar Pradesh, 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 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Subash Pal and Kailash Pati serve as directors at the Company.

Company Details

  • Location

    Varanasi, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65929UP2017NPL093025

  • Company No.

    093025

  • Company Classification

    Private Not For Profit Company

  • Incorporation Date

    15 May 2017

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Financial Services
Company report

Sarnath Micro Credit Association

Explore comprehensive data for Sarnath Micro Credit Association, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Sarnath Micro Credit Association?

Board Members (2)

NameDesignationAppointment DateStatus
Subash Pal Country flag representing In Director 15-May-2017Current
Kailash Pati Country flag representing In Director 15-May-2017Current

Financial Performance of Sarnath Micro Credit Association.

Sarnath Micro Credit Association, for the financial year ended 2022, experienced significant growth in revenue, with a 14.85% increase. The company also saw a substantial improvement in profitability, with a 76.04% increase in profit. The company's net worth dipped by a decrease of 3.14%.

Sarnath Micro Credit Association revenue growth over time
Sarnath Micro Credit Association 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
14.85%
Revenue from Operations
14.85%
Total Assets
-0.81%
Profit or Loss
76.04%
Net Worth
-3.14%
EBITDA
176.05%

What is the Ownership and Shareholding Structure of Sarnath Micro Credit Association?

Unlock access to Sarnath Micro Credit 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 Sarnath Micro Credit Association?

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Employee growth trends for Sarnath Micro Credit Association

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sarnath Micro Credit 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 Sarnath Micro Credit 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 Sarnath Micro Credit Association

Recent activity within the organization

  • Annual General Meeting

    Sarnath Micro Credit Association last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Sarnath Micro Credit Association has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.

  • Director Appointment

    Subash Chand Pal was appointed as a Director was appointed as a Director on 15 May 2017 & has been associated with this company since 7 years 11 months .

  • Director Appointment

    Kailash Pati was appointed as a Director was appointed as a Director on 15 May 2017 & has been associated with this company since 7 years 11 months .

  • Company Incorporation

    Sarnath Micro Credit Association was registered on 15 May 2017 with Roc Kanpur & aged 7 years 11 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Sarnath Micro Credit Association?

    Sarnath Micro Credit Association was incorporated on 15 May 2017.

  • What is authorized share capital and paid-up capital of Sarnath Micro Credit Association?

    The authorized share capital of Sarnath Micro Credit Association is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Sarnath Micro Credit Association?

    Currently 2 directors are associated with Sarnath Micro Credit Association.

    • Subash Chand Pal
    • Kailash Pati

  • What is the registered address of Sarnath Micro Credit Association?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sarnath Micro Credit Association is Saraiya 2 Sultanpur India, Varanasi, Uttar Pradesh, 221007.

  • What is the corporate identification number (CIN) and company number of Sarnath Micro Credit Association?

    The corporate identification number (CIN) of Sarnath Micro Credit Association is U65929UP2017NPL093025 and the company number is 093025 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Sarnath Micro Credit Association?

    According to the financial reports for the fiscal year 2022, the revenue trend for Sarnath Micro Credit Association has risen by 14.85%.

  • What change has been observed in the net worth of Sarnath Micro Credit Association, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Sarnath Micro Credit Association has experienced an downturn of -3.14%.

  • When was the last Balance Sheet of Sarnath Micro Credit Association filed with the ROC?

    The most recent Balance Sheet for Sarnath Micro Credit Association was filed with the ROC on 31 Mar 2024.

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