Vision Micro Credit And Social Foundation

Provides microcredit and support for women entrepreneurs in Tamil Nadu.

2015 | Tiruchirappalli, Tamil Nadu (India) | Active
Last Updated: January 11, 2025

Vision Micro Credit And Social Foundation Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 9 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.14 Cr
  • Revenue Growth -34.55%
  • Profit Growth -71.08%
  • Ebitda 605.88%
  • Net Worth 3.64%
  • Total Assets -41.29%

About Vision Micro Credit And Social Foundation

Vision Micro Credit And Social Foundation (VMCASF) is a Private Not For Profit Company incorporated in India on 05 June 2015 (Nine years and seven months 28 days old ). Its registered office is in Tiruchirappalli, Tamil Nadu, 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 2.50 M and a paid-up capital of Rs 2.50 M.

The company currently has active open charges totaling ₹1.14 Cr.

Karuppan Palanisamy and Palanisamy Amaravathy serve as directors at the Company.

Company Details

  • Location

    Tiruchirappalli, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65923TN2015NPL100822

  • Company No.

    100822

  • Company Classification

    Private Not For Profit Company

  • Incorporation Date

    05 Jun 2015

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

Who are the key members and board of directors at Vision Micro Credit And Social Foundation?

Executive Team (1)

NameDesignationAppointment DateStatus
Karuppan Palanisamy Country flag representing In Managing Director05-Jun-2015Current

Board Members (1)

NameDesignationAppointment DateStatus
Palanisamy Amaravathy Country flag representing In Director 05-Jun-2015Current

Financial Performance of Vision Micro Credit And Social Foundation.

Vision Micro Credit And Social Foundation, for the financial year ended 2021, experienced significant reduction in revenue, with a 34.55% decrease. The company also saw a substantial fall in profitability, with a 71.08% decrease in profit. The company's net worth moved up by a moderate rise of 3.64%.

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
-34.55%
Revenue from Operations
-19.74%
Total Assets
-41.29%
Profit or Loss
-71.08%
Net Worth
3.64%
EBITDA
605.88%

What is the Ownership and Shareholding Structure of Vision Micro Credit And Social Foundation?

In 2021, Vision Micro Credit And Social 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

₹11.42 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 1.00 Cr
  • Bank Of India : 0.14 Cr

Latest Charge Details

DateLenderAmountStatus
28 Feb 2020Others₹1.00 CrOpen
04 Oct 2018Bank Of India₹1.42 MOpen

How Many Employees Work at Vision Micro Credit And Social Foundation?

Vision Micro Credit And Social Foundation has a workforce of 2 employees as of Apr 07, 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 Vision Micro Credit And Social 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 Vision Micro Credit And Social 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 Vision Micro Credit And Social Foundation

Recent activity within the organization

  • Annual General Meeting

    Vision Micro Credit And Social Foundation last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Vision Micro Credit And Social Foundation has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 10.00 M with Charge ID 100328866 was registered on 28 Feb 2020.

    28 Feb 2020

  • Charges

    A charge with Bank Of India amounted to Rs. 1.42 M with Charge ID 100212723 was registered on 04 Oct 2018.

    04 Oct 2018

  • Director Appointment

    Karuppan Palanisamy was appointed as a Managing Director was appointed as a Managing Director on 05 Jun 2015 & has been associated with this company since 9 years 7 months .

    05 Jun 2015

  • Director Appointment

    Palanisamy Amaravathy was appointed as a Director was appointed as a Director on 05 Jun 2015 & has been associated with this company since 9 years 7 months .

    05 Jun 2015

Frequently asked questions

  • Vision Micro Credit And Social Foundation was incorporated on 05 Jun 2015.

  • The authorized share capital of Vision Micro Credit And Social Foundation is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

  • Currently 2 directors are associated with Vision Micro Credit And Social Foundation.

    • Karuppan Palanisamy
    • Palanisamy Amaravathy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vision Micro Credit And Social Foundation is No.10 Azhakar Nagar 3Rd Cross Vayalur Road Erattai Vaikkal Nachikurichi, India, Tiruchirapalli, Tamil Nadu, 620102.

  • The corporate identification number (CIN) of Vision Micro Credit And Social Foundation is U65923TN2015NPL100822 and the company number is 100822 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vision Micro Credit And Social Foundation is https://www.visionmcsf.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Vision Micro Credit And Social Foundation has fallen by -34.55%.

  • As Per 2021 financial reports, 2 employees are currently employed by Vision Micro Credit And Social Foundation.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Vision Micro Credit And Social Foundation has experienced an upsurge of 3.64%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Vision Micro Credit And Social Foundation amount to ₹ 1.14 Cr.

  • The most recent Balance Sheet for Vision Micro Credit And Social Foundation was filed with the ROC on 31 Mar 2023.