Sharan Welfare Foundation

Provides microfinance services to marginalized individuals and entities in Bhopal, Madhya Pradesh.

2018 | Bhopal, Madhya Pradesh (India) | Active
Last Updated: December 13, 2024

Sharan Welfare Foundation Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 5.00 M
  • Company Age 6 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.71 Cr
  • Revenue Growth -99.82%
  • Ebitda -93.12%
  • Net Worth -98.89%
  • Total Assets -99.89%

About Sharan Welfare Foundation

Sharan Welfare Foundation (SWF) is a Private Not For Profit Company incorporated in India on 20 July 2018 (Six years and six months 13 days old ). Its registered office is in Bhopal, Madhya 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 1.00 Cr and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹4.71 Cr.

Srishti Umekar, Ramesh Umekar, Nivrittinath Dharmadhikari, and Two other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U85300MP2018NPL046242

  • Company No.

    046242

  • Company Classification

    Private Not For Profit Company

  • Incorporation Date

    20 Jul 2018

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Financial Services

Who are the key members and board of directors at Sharan Welfare Foundation?

Board Members (5)

NameDesignationAppointment DateStatus
Srishti Umekar Country flag representing In Director 20-Jul-2018Current
Ramesh Umekar Country flag representing In Director 18-Feb-2023Current
Nivrittinath Dharmadhikari Country flag representing In Director 15-Sep-2023Current
Manorama Umekar Director 18-Feb-2023Current
Rahul Umekar Country flag representing In Director 22-Mar-2019Current

Financial Performance of Sharan Welfare Foundation.

Sharan Welfare Foundation, for the financial year ended 2022, experienced significant reduction in revenue, with a 99.82% decrease. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth observed a substantial decline by a decrease of 98.89%.

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
-99.82%
Revenue from Operations
-99.82%
Total Assets
-99.89%
Profit or Loss
Net Worth
-98.89%
EBITDA
-93.12%

What is the Ownership and Shareholding Structure of Sharan Welfare Foundation?

In 2021, Sharan Welfare Foundation 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

₹4.71 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 4.48 Cr
  • Axis Bank Limited : 0.23 Cr

Latest Charge Details

DateLenderAmountStatus
30 Apr 2024State Bank Of India₹4.00 CrOpen
05 Dec 2023Axis Bank Limited₹2.30 MOpen
24 May 2023State Bank Of India₹4.80 MOpen

How Many Employees Work at Sharan Welfare Foundation?

Unlock and access historical data on people associated with Sharan Welfare Foundation, 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 Sharan Welfare Foundation, 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 Sharan Welfare Foundation'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 Sharan Welfare Foundation

Recent activity within the organization

  • Annual General Meeting

    Sharan Welfare Foundation last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with State Bank Of India amounted to Rs. 4.00 Cr with Charge ID 100907916 was registered on 30 Apr 2024.

    30 Apr 2024

  • Balance Sheet

    Sharan Welfare Foundation has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.23 Cr with Charge ID 100826641 was registered on 05 Dec 2023.

    05 Dec 2023

  • Director Appointment

    Nivrittinath Vishwas Dharmadhikari was appointed as a Director was appointed as a Director on 15 Sep 2023 & has been associated with this company since 1 year 4 months .

    15 Sep 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 0.48 Cr with Charge ID 100724486 was registered on 24 May 2023.

    24 May 2023

Frequently asked questions

  • Sharan Welfare Foundation was incorporated on 20 Jul 2018.

  • The authorized share capital of Sharan Welfare Foundation is ₹ 1.00 Cr and paid-up capital is ₹ 5.00 M.

  • Currently 5 directors are associated with Sharan Welfare Foundation.

    • Srishti Umekar
    • Ramesh Umekar
    • Nivrittinath Vishwas Dharmadhikari
    • Manorama Umekar
    • Rahul Umekar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sharan Welfare Foundation is E-8/70 Akash Ganga Colony Trilanga, Shahpura India, Bhopal, Madhya Pradesh, 462039.

  • The corporate identification number (CIN) of Sharan Welfare Foundation is U85300MP2018NPL046242 and the company number is 046242 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sharan Welfare Foundation is https://www.sharanwelfarefoundation.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Sharan Welfare Foundation has fallen by -99.82%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Sharan Welfare Foundation has experienced an downturn of -98.89%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Sharan Welfare Foundation amount to ₹ 4.71 Cr.

  • The most recent Balance Sheet for Sharan Welfare Foundation was filed with the ROC on 31 Mar 2024.

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