Goldmax Microcredit Foundation
About Goldmax Microcredit Foundation
Data last updated:
Goldmax Microcredit Foundation is a private not for profit company based in Lucknow, Uttar Pradesh, India. It operates in the bank intermediatories segment of the financial services sector. It was incorporated on 03 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U65100UP2020NPL125264.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.25 Lakh. It is led by directors Ritu Tiwari and Meera Tewari.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at C – 6/51 Vipul Khand Gomti Nagar, Lucknow, Uttar Pradesh, India – 226010.
As per the financials filed for FY 2024, the company reported a revenue of ₹23.77 Lakh, a growth of 69% compared to the previous year. For the same year it recorded a net profit of ₹1.64 Lakh (net margin 6.9%) and EBITDA of ₹2.9 Lakh (EBITDA margin 12.2%). Revenue has grown at a compounded annual rate (CAGR) of 227% over three years.
Company details
CIN history
Goldmax Microcredit Foundation has one previous CIN (Corporate Identification Number): U85300UP2020NPL125264. The current CIN is U65100UP2020NPL125264, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65100UP2020NPL125264 | Current |
| U85300UP2020NPL125264 | Previous |
Contact details
Goldmax Microcredit Foundation's registered office is in Lucknow, Uttar Pradesh.
- Registered AddressC – 6/51 Vipul Khand Gomti Nagar, Lucknow, Uttar Pradesh, India – 226010
- IndustryFinancial Services, Bank Intermediatories
- 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 Goldmax Microcredit Foundation 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 Goldmax Microcredit Foundation, buy the company report.
Financials of Goldmax Microcredit Foundation
FY 2024 filings availableGoldmax Microcredit Foundation reported revenue of ₹23.77 Lakh (up 69% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 227% over three years, including 69% growth in the latest year. EBITDA fell 44% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹2.9 Lakh | ||||
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| Net Profit (PAT) | ₹1.64 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 12.2% | ||||
| Net Profit Margin | 6.9% | ||||
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To see the full financial statements and ratios of Goldmax Microcredit Foundation, buy the company report.
Board of directors of Goldmax Microcredit Foundation
Goldmax Microcredit Foundation has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ritu Tiwari Also directs: Bima First Advisory Services LLP, Arthvaya India Nidhi Limited | Director | 19 Aug 2020 | 6 Years 2 Months | Current |
| Meera Tewari Also directs: Arthvaya India Nidhi Limited | Director | 19 Aug 2020 | 6 Years 2 Months | Current |
Peer comparison
Goldmax Microcredit Foundation 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 |
|---|---|---|---|---|---|---|
| Prantik FFMC & Travels Private Limited | ₹23.78 Lakh (FY 2024) | 8.0% | Gede, West Bengal, India | |||
| Hindustan Infrastructure and Finance Corporation Private Limited | ₹23.78 Lakh (FY 2024) | 83.0% | New Delhi, Delhi, India | |||
| Nitishakti Tradecom Private Limited | ₹23.78 Lakh (FY 2025) | -68.0% | Kolkata, West Bengal, India | |||
| Orum Enterprises Private Limited | ₹23.77 Lakh (FY 2025) | -87.0% | Mumbai, Maharashtra, India | |||
| Peak XV Partners Advisors Private Limited | ₹23.77 Lakh (FY 2025) | 69.0% | Bangalore, Karnataka, India | |||
| Goldmax Microcredit Foundationthis company | ₹23.77 Lakh (FY 2024) | ₹1.64 Lakh | 6.9% | 69.0% | Lucknow, Uttar Pradesh, India | |
| Ebenezer Kuries Private Limited | ₹23.75 Lakh (FY 2025) | 29.0% | Thrissur, Kerala, India | |||
| Niharika Nidhi Limited | ₹23.73 Lakh (FY 2022) | 700.0% | Badkulla, West Bengal, India | |||
| SM Sarve Sarth Chits Private Limited | ₹23.73 Lakh (FY 2018) | 50.0% | Aurangabad, Maharashtra, India | |||
| Avinash Capital Markets Pvt Ltd | ₹23.73 Lakh (FY 2025) | -1.0% | Kolkata, West Bengal, India | |||
| Sri Vamana Chits (Hyderabad) Private Limited | ₹23.72 Lakh (FY 2024) | Hyderabad, Telangana, India |
To see the full peer comparison of Goldmax Microcredit Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Goldmax Microcredit Foundation 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 Goldmax Microcredit Foundation; 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 Goldmax Microcredit Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Goldmax Microcredit Foundation has 4 board changes on record since 2020: 2 appointments and 2 cessations. The latest: Rolly Pandey ceased to be Director on 20 Aug 2020.
Frequently asked questions
Goldmax Microcredit Foundation is an active private not for profit company based in Lucknow, Uttar Pradesh, India. The company works in bank intermediatories, within the financial services industry. It was incorporated on 03 January 2020 (6+ years old) and is registered under CIN U65100UP2020NPL125264.
Goldmax Microcredit Foundation has 2 current directors:
- Ritu Tiwari - Director
- Meera Tewari - Director
The latest financial statements of Goldmax Microcredit Foundation on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Goldmax Microcredit Foundation is U65100UP2020NPL125264. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Goldmax Microcredit Foundation was incorporated on 03 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Goldmax Microcredit Foundation by revenue are Prantik FFMC & Travels Private Limited, Hindustan Infrastructure and Finance Corporation Private Limited, Nitishakti Tradecom Private Limited, Orum Enterprises Private Limited, Peak XV Partners Advisors Private Limited and 5 more, all in the same principal business activity (other financial activities).
Rolly Pandey ceased to be Director on 20 Aug 2020. Shanker Kumar Prajapati ceased to be Director on 20 Aug 2020. Meera Tewari was appointed as Director on 19 Aug 2020. Goldmax Microcredit Foundation has 4 board changes on record in total.
The registered office of Goldmax Microcredit Foundation is at C – 651 Vipul Khand Gomti Nagar, Lucknow, Uttar Pradesh, India – 226010.
Goldmax Microcredit Foundation operates in the financial services industry, in the bank intermediatories segment.
Goldmax Microcredit Foundation can be reached at its registered office: C – 651 Vipul Khand Gomti Nagar, Lucknow, Uttar Pradesh, India – 226010.
Goldmax Microcredit Foundation is registered under the jurisdiction of the Registrar of Companies (ROC), Kanpur.