Ekaakshara Microfinance Association
About Ekaakshara Microfinance Association
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Ekaakshara Microfinance Association is a private not for profit company based in Jaipur, Rajasthan, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 28 September 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U65999RJ2016NPL056098.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Virendra Kumar Chaturvedi and Ramesh Chand Chaturvedi.
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 1 A – 33 Mahesh Nagar, Jaipur, Rajasthan, India – 302018.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.27 Lakh, a decline of 64% compared to the previous year. For the same year it recorded a net loss of ₹29,618 (net margin -9.1%) and EBITDA of -₹29,618 (EBITDA margin -9.1%). Revenue has declined at a compounded annual rate (CAGR) of 31% over three years and 30% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ekaakshara Microfinance Association's registered office is in Jaipur, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1 A – 33 Mahesh Nagar, Jaipur, Rajasthan, India – 302018
- IndustryFinancial Services, Other Financial Intermediation
To see the full contact details of Ekaakshara Microfinance Association, buy the company report.
- 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
Business activity
The main business activity of Ekaakshara Microfinance Association is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Ekaakshara Microfinance Association, buy the company report.
Financials of Ekaakshara Microfinance Association
FY 2025 filings availableEkaakshara Microfinance Association reported revenue of ₹3.27 Lakh (down 64% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 30% over five years, including a 64% fall in the latest year. EBITDA fell 111% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹29,618 | ||||
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| Net Profit (PAT) | -₹29,618 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -9.1% | ||||
| Net Profit Margin | -9.1% | ||||
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To see the full financial statements and ratios of Ekaakshara Microfinance Association, buy the company report.
Board of directors of Ekaakshara Microfinance Association
Ekaakshara Microfinance Association has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Virendra Kumar Chaturvedi | Director | 28 Sep 2016 | 10 Years 0 Months | Current |
| Ramesh Chand Chaturvedi | Director | 28 Sep 2016 | 10 Years 0 Months | Current |
| Shobha Sharma | Director | 28 Sep 2016 | 10 Years 0 Months | Current |
Peer comparison
Ekaakshara Microfinance Association is compared with the 10 companies closest to it by revenue in the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nandvijay Chit Fund Private Limited | ₹3.27 Lakh (FY 2017) | -54.0% | Chandrapur, Maharashtra, India | |||
| Etp Corporation Limited | ₹3.27 Lakh (FY 2025) | -2.0% | Ootacamund, Tamil Nadu, India | |||
| Aundipatti Thai Sri Mookambigai Chit Funds P Ltd | ₹3.27 Lakh (FY 2024) | 30.0% | Theni, Tamil Nadu, India | |||
| Sathi Vanijya Private Limited | ₹3.27 Lakh (FY 2024) | -10.0% | Kolkata, West Bengal, India | |||
| Dhairya Laxmi Nidhi Limited | ₹3.27 Lakh (FY 2019) | Meerut, Uttar Pradesh, India | ||||
| Ekaakshara Microfinance Associationthis company | ₹3.27 Lakh (FY 2025) | -₹29,618 | -9.1% | -64.0% | Jaipur, Rajasthan, India | |
| Equest Technology Private Limited | ₹3.27 Lakh (FY 2024) | Ghaziabad, Uttar Pradesh, India | ||||
| Sri Bhairaveswara Chit Fund Private Limited | ₹3.27 Lakh (FY 2023) | 41.0% | Bangalore, Karnataka, India | |||
| Jan Safal Life Nidhi Limited | ₹3.26 Lakh (FY 2024) | -1.0% | Shahjahanpur, Uttar Pradesh, India | |||
| Auxano Chit Fund Private Limited | ₹3.26 Lakh (FY 2020) | 568.0% | Nagpur, Maharashtra, India | |||
| Shiv Swarajya Nidhi Limited | ₹3.26 Lakh (FY 2022) | 77.0% | Aurangabad, Maharashtra, India |
To see the full peer comparison of Ekaakshara Microfinance Association, buy the company report.
Auditor
Ekaakshara Microfinance Association is audited by A R MAMODIYA & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A R MAMODIYA & CO. | FY 2017 | 021359C |
Shareholding
The shareholding of Ekaakshara Microfinance Association is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Ekaakshara Microfinance Association, buy the company report.
Legal cases
No court or tribunal cases involving Ekaakshara Microfinance Association are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ekaakshara Microfinance Association; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Ekaakshara Microfinance Association; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ekaakshara Microfinance Association has 3 board changes on record since 2016: 3 appointments. The latest: Ramesh Chand Chaturvedi was appointed as Director on 28 Sep 2016.
Frequently asked questions
Ekaakshara Microfinance Association is an active private not for profit company based in Jaipur, Rajasthan, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 28 September 2016 (10+ years old) and is registered under CIN U65999RJ2016NPL056098.
Ekaakshara Microfinance Association has 3 current directors:
- Virendra Kumar Chaturvedi - Director
- Ramesh Chand Chaturvedi - Director
- Shobha Sharma - Director
The latest financial statements of Ekaakshara Microfinance Association on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
The CIN (Corporate Identification Number) of Ekaakshara Microfinance Association is U65999RJ2016NPL056098. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ekaakshara Microfinance Association was incorporated on 28 September 2016, making it 10+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Ekaakshara Microfinance Association by revenue are Nandvijay Chit Fund Private Limited, Etp Corporation Limited, Aundipatti Thai Sri Mookambigai Chit Funds P Ltd, Sathi Vanijya Private Limited, Dhairya Laxmi Nidhi Limited and 5 more, all in the same principal business activity (other financial activities).
Ramesh Chand Chaturvedi was appointed as Director on 28 Sep 2016. Shobha Sharma was appointed as Director on 28 Sep 2016. Virendra Kumar Chaturvedi was appointed as Director on 28 Sep 2016.
The registered office of Ekaakshara Microfinance Association is at 1 A – 33 Mahesh Nagar, Jaipur, Rajasthan, India – 302018.
Ekaakshara Microfinance Association operates in the financial services industry, in the other financial intermediation segment.
The compliance status of Ekaakshara Microfinance Association is compliant as of 09 August 2026. The company is actively filing with the Registrar of Companies.
Ekaakshara Microfinance Association can be reached at its registered office: 1 A – 33 Mahesh Nagar, Jaipur, Rajasthan, India – 302018.