Avs Pragati Micro Credit
About Avs Pragati Micro Credit
Data last updated:
Avs Pragati Micro Credit is a private not for profit company based in Allahabad, Uttar Pradesh, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 10 September 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U85320UP2014NPL065984. Its GSTIN is 09AAMCA9240M1Z3 (Uttar Pradesh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Dharmraj and Arpit Yadav.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ews – 50 Chak Nauniya Ada Naini, Allahabad, Uttar Pradesh, India – 211009.
As per the financials filed for FY 2024, the company reported a revenue of ₹37.23 Lakh, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹41,394 (net margin 1.1%) and EBITDA of ₹58,670 (EBITDA margin 1.6%). Revenue has grown at a compounded annual rate (CAGR) of 54% over three years and 60% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressEws – 50 Chak Nauniya Ada Naini, Allahabad, Uttar Pradesh, India – 211009
- IndustryFinancial Services, Financial Activities
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Avs Pragati Micro Credit
The main business activity of Avs Pragati Micro Credit is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Avs Pragati Micro Credit FY 2025 filings available
Avs Pragati Micro Credit reported revenue of ₹37.23 Lakh (up 17% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Avs Pragati Micro Credit
Revenue has grown at a compounded annual rate (CAGR) of 60% over five years, including 17% growth in the latest year. EBITDA fell 39% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Avs Pragati Micro Credit
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹58,670 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹41,394 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Avs Pragati Micro Credit
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.1% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Avs Pragati Micro Credit are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Avs Pragati Micro Credit
Avs Pragati Micro Credit has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dharmraj | Director | 08 Mar 2018 | 8 Years 7 Months | Current |
| Arpit Yadav | Director | 28 Feb 2021 | 5 Years 7 Months | Current |
| Surendra Kumar | Director | 08 Mar 2018 | 8 Years 7 Months | Current |
| Devi Prasad | Director | 08 Mar 2018 | 8 Years 7 Months | Current |
Peer Comparison of Avs Pragati Micro Credit
Avs Pragati Micro Credit is compared with the companies closest to it by revenue in the same principal business activity (Other financial activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vivek Trade & Investment Pvt.Ltd. | ₹37.29 Lakh (FY 2019) | •••• | •••• | 27.0% | •••• | Kolkata, West Bengal, India |
| Hindusthan Financial Services Ltd. | ₹37.27 Lakh (FY 2025) | •••• | •••• | 32.0% | •••• | Kolkata, West Bengal, India |
| Sri Sai Karthika Chit Funds (Hyderabad) Private Limited | ₹37.25 Lakh (FY 2024) | •••• | •••• | -9.0% | •••• | Hyderabad, Telangana, India |
| Sabari Thendral Chits Private Limited | ₹37.24 Lakh (FY 2024) | •••• | •••• | 37.0% | •••• | Tuticorin, Tamil Nadu, India |
| Apsal Finance & Investments India Limited | ₹37.23 Lakh (FY 2017) | •••• | •••• | 15.0% | •••• | Madurai, Tamil Nadu, India |
| Avs Pragati Micro Credit this company | ₹37.23 Lakh (FY 2024) | •••• | •••• | 17.0% | •••• | Allahabad, Uttar Pradesh, India |
| A.S.P. Investments Private Limited | ₹37.22 Lakh (FY 2025) | •••• | •••• | -26.0% | •••• | Kolkata, West Bengal, India |
| C M Goenka Capital Markets Private Limited | ₹37.21 Lakh (FY 2024) | •••• | •••• | -39.0% | •••• | Jaipur, Rajasthan, India |
| 6Point3 Technologies Private Limited | ₹37.2 Lakh (FY 2025) | •••• | •••• | -6.0% | •••• | New Delhi, Delhi, India |
| Maloo Holdings Pvt.Ltd. | ₹37.2 Lakh (FY 2025) | •••• | •••• | -22.0% | •••• | Kolkata, West Bengal, India |
| Achin Investment and Mercantile Company | ₹37.19 Lakh (FY 2025) | •••• | •••• | 1.0% | •••• | Ludhiana, Punjab, India |
Peers are the five companies nearest above and the five nearest below Avs Pragati Micro Credit by revenue in the same principal business activity (Other financial activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Avs Pragati Micro Credit
Avs Pragati Micro Credit is audited by A R S S & Co. for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A R S S & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Avs Pragati Micro Credit
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Avs Pragati Micro Credit
Avs Pragati Micro Credit does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Avs Pragati Micro Credit
Employment history and EPFO contributions of people linked to Avs Pragati Micro Credit.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Avs Pragati Micro Credit
Avs Pragati Micro Credit has 7 board changes on record since 2018: 4 appointments and 3 cessations. The latest: Arpit Yadav was appointed as Director on 28 Feb 2021.
Credit Ratings, Litigation & Regulatory Alerts for Avs Pragati Micro Credit
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Avs Pragati Micro Credit
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Avs Pragati Micro Credit
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Avs Pragati Micro Credit
Avs Pragati Micro Credit has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAMCA9240M1Z3 | Uttar Pradesh | Active | 03 Aug 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Avs Pragati Micro Credit
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Avs Pragati Micro Credit
Avs Pragati Micro Credit is an active private not for profit company based in Allahabad, Uttar Pradesh, India. The company works in financial activities, within the financial services industry. It was incorporated on 10 September 2014 (12+ years old) and is registered under CIN U85320UP2014NPL065984.
Avs Pragati Micro Credit reported revenue of ₹37.23 Lakh for FY 2024 (up 17% YoY).
Avs Pragati Micro Credit has 4 current directors:
- Dharmraj - Director
- Arpit Yadav - Director
- Surendra Kumar - Director
- Devi Prasad - Director
Avs Pragati Micro Credit reported a net profit of ₹41,394 (net margin 1.1%) and EBITDA of ₹58,670 (EBITDA margin 1.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Avs Pragati Micro Credit is 54% over three years and 60% over five years. In the latest year (FY 2024) revenue rose 17%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Avs Pragati Micro Credit is 09AAMCA9240M1Z3, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Avs Pragati Micro Credit is U85320UP2014NPL065984. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avs Pragati Micro Credit was incorporated on 10 September 2014, making it 12+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
The peers of Avs Pragati Micro Credit by revenue are Vivek Trade & Investment Pvt.Ltd, Hindusthan Financial Services Ltd, Sri Sai Karthika Chit Funds (Hyderabad) Private Limited, Sabari Thendral Chits Private Limited, Apsal Finance & Investments India Limited and 5 more, all in the same principal business activity (Other financial activities).
Arpit Yadav was appointed as Director on 28 Feb 2021. Jwala Prasad ceased to be Director on 10 Mar 2018. Sita Devi ceased to be Director on 10 Mar 2018. Avs Pragati Micro Credit has 7 board changes on record in total.
The registered office of Avs Pragati Micro Credit is at Ews – 50 Chak Nauniya Ada Naini, Allahabad, Uttar Pradesh, India – 211009.