Sima Microcredit
About Sima Microcredit
Data last updated:
Sima Microcredit is a private not for profit company based in Varanasi, Uttar Pradesh, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 29 March 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U74120UP2012NPL049614.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹49.52 Lakh. It is led by directors Seema Singh and Mukesh Kumar Singh.
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 245 Holapur Gyanpur, Varanasi, Uttar Pradesh, India – 221305.
As per the financials filed for FY 2024, the company reported a revenue of ₹32.93 Lakh, a growth of 86% compared to the previous year. For the same year it recorded a net profit of ₹2.62 Lakh (net margin 8%) and EBITDA of ₹3.64 Lakh (EBITDA margin 11%). Revenue has declined at a compounded annual rate (CAGR) of 57% over three years and 7% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sima Microcredit's registered office is in Varanasi, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address245 Holapur Gyanpur, Varanasi, Uttar Pradesh, India – 221305
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Sima Microcredit, 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 Sima Microcredit 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 Sima Microcredit, buy the company report.
Financials of Sima Microcredit
FY 2024 filings availableSima Microcredit reported revenue of ₹32.93 Lakh (up 86% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 86% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA rose 70% 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 | ₹3.64 Lakh | ||||
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| Net Profit (PAT) | ₹2.62 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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| EBITDA Margin | 11% | ||||
| Net Profit Margin | 8% | ||||
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To see the full financial statements and ratios of Sima Microcredit, buy the company report.
Board of directors of Sima Microcredit
Sima Microcredit has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Seema Singh | Director | 29 Mar 2012 | 14 Years 6 Months | Current |
| Mukesh Kumar Singh | Director | 29 Mar 2012 | 14 Years 6 Months | Current |
Peer comparison
Sima Microcredit is compared with the 6 companies closest to it by revenue in the BFSI industry (Micro Finance), with 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 |
|---|---|---|---|---|---|---|
| Sreeharipriya Chits (Mig) Private Limited | ₹33.28 Lakh (FY 2025) | 16.0% | Hyderabad, Telangana, India | |||
| As Lokanethra Nidhi Limited | ₹33.12 Lakh (FY 2025) | -16.0% | Kollam, Kerala, India | |||
| Kuberdhan Micro Finance Foundation | ₹33.02 Lakh (FY 2024) | 136.0% | Bareilly, Uttar Pradesh, India | |||
| Sima Microcreditthis company | ₹32.93 Lakh (FY 2024) | ₹2.62 Lakh | 8% | 86.0% | Varanasi, Uttar Pradesh, India | |
| Samasthaiswarya Nidhi Limited | ₹32.79 Lakh (FY 2020) | 3490.0% | Kunnicode, Kerala, India | |||
| Ashray Microfinance Limited | ₹32.77 Lakh (FY 2025) | 22.0% | Kolkata, West Bengal, India | |||
| Wenl Nidhi Limited | ₹32.62 Lakh (FY 2024) | -12.0% | Thrissur, Kerala, India |
To see the full peer comparison of Sima Microcredit, buy the company report.
Auditor
Sima Microcredit is audited by BHARTIA TIBREWAL & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHARTIA TIBREWAL & CO. | FY 2023 | 011960C |
Shareholding
The shareholding of Sima Microcredit is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sima Microcredit, buy the company report.
Legal cases
No court or tribunal cases involving Sima Microcredit 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 Sima Microcredit; 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 Sima Microcredit; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sima Microcredit has 2 board changes on record since 2012: 2 appointments. The latest: Mukesh Kumar Singh was appointed as Director on 29 Mar 2012.
Frequently asked questions
Sima Microcredit is an active private not for profit company based in Varanasi, Uttar Pradesh, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 29 March 2012 (14+ years old) and is registered under CIN U74120UP2012NPL049614.
Sima Microcredit has 2 current directors:
- Seema Singh - Director
- Mukesh Kumar Singh - Director
The latest financial statements of Sima Microcredit 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 2015 are in the company report.
The CIN (Corporate Identification Number) of Sima Microcredit is U74120UP2012NPL049614. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sima Microcredit was incorporated on 29 March 2012, making it 14+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Sima Microcredit by revenue are Sreeharipriya Chits (Mig) Private Limited, As Lokanethra Nidhi Limited, Kuberdhan Micro Finance Foundation, Samasthaiswarya Nidhi Limited, Ashray Microfinance Limited and 1 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Mukesh Kumar Singh was appointed as Director on 29 Mar 2012. Seema Singh was appointed as Director on 29 Mar 2012.
The registered office of Sima Microcredit is at 245 Holapur Gyanpur, Varanasi, Uttar Pradesh, India – 221305.
Sima Microcredit operates in the financial services industry, in the microfinance institutions segment.
The compliance status of Sima Microcredit is compliant as of 06 July 2026. The company is actively filing with the Registrar of Companies.
Sima Microcredit can be reached at its registered office: 245 Holapur Gyanpur, Varanasi, Uttar Pradesh, India – 221305.