Vivardhana Microfinance Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 5.00 Cr
- Company Age 7 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 23.15 Cr
- Satisfied Charges ₹ 9.35 Cr
- Revenue Growth 35.27%
- Profit Growth 12.55%
- Ebitda 51.88%
- Net Worth 9.71%
- Total Assets 54.47%
About Vivardhana Microfinance
Vivardhana Microfinance Limited (VML) is a Public Limited Indian Non-Government Company incorporated in India on 19 May 2017 (Seven years and eight months 13 days old ). Its registered office is in Chennai, 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 5.00 Cr and a paid-up capital of Rs 5.00 Cr.
The company currently has active open charges totaling ₹23.15 Cr. The company has closed loans amounting to ₹9.35 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sudha Ravichandran, Venkatachalam Ravichandran, and Eswaran Sastry serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media-
Corporate Identity Details
- CIN/LLPIN
U65999TN2017PLC116613
- Company No.
116613
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
19 May 2017
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Vivardhana Microfinance?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Eswaran Sastry  | Managing Director | 19-May-2017 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sudha Ravichandran | Director | 19-May-2017 | Current |
| Venkatachalam Ravichandran | Director | 30-Jan-2023 | Current |
Financial Performance of Vivardhana Microfinance.
Vivardhana Microfinance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 35.27% increase. The company also saw a substantial improvement in profitability, with a 12.55% increase in profit. The company's net worth moved up by a moderate rise of 9.71%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Vivardhana Microfinance?
In 2023, Vivardhana Microfinance had a promoter holding of 84.65% and a public holding of 15.35%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Ind Fund Management LtdEswaran Sastry is a mutual person
Charges (Loans)
₹23.15 Cr
₹9.35 Cr
Charges Breakdown by Lending Institutions
- Others : 7.00 Cr
- Indian Bank : 7.00 Cr
- Idbi Trusteeship Services Limited : 3.15 Cr
- City Union Bank Limited : 3.00 Cr
- State Bank Of India : 3.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Oct 2023 | City Union Bank Limited | ₹1.00 Cr | Open |
| 05 Oct 2023 | Idbi Trusteeship Services Limited | ₹8.85 M | Open |
| 01 Mar 2023 | Others | ₹5.00 Cr | Open |
| 24 Jan 2023 | Idbi Trusteeship Services Limited | ₹7.80 M | Open |
| 30 Nov 2022 | State Bank Of India | ₹3.00 Cr | Open |
How Many Employees Work at Vivardhana Microfinance?
Unlock and access historical data on people associated with Vivardhana Microfinance, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Vivardhana 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 Vivardhana Microfinance's trajectory.
Rating
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
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