About
Basic Data Updated:
9 days agoFormerly known as Prateek Money Advisors Private Limited, Adhikar Microfinance Private Limited is a registered Non-Banking Finance Company – Microfinance Institution (NBFC-MFI). Its main focus is on providing microfinance lending activities to women through joint-liability groups. The company offers a range of products and services, including income generation loans, wash loans, house improvement loans, energy loans, and micro-insurance and pension options. According to its credit rating report, Adhikar Microfinance Private Limited currently operates in four states: Odisha, Chhattisgarh, Gujarat, and Assam, where it has recently expanded its operations. With a network of 84 branches as of March 31, 2019, the company has established partnerships with various financial institutions, includi... Read More
Industry
Company Details
- Location
Khorda, Odisha, India
- Website1222442
- Telephone1222442
- Email Address1222442
- Social Media1222442
| CIN/LLPIN/FCRN | U65923OR1997PTC010452 |
| Company No. | 010452 |
| Company Classification | Private Limited Indian Non-Government Company |
| Incorporation Date | 04 Apr 1997 |
| Date of AGM | 30 Sep 2022 |
| Date of Balance Sheet | 31 Mar 2022 |
| Listing Status | Unlisted |
| ROC Code | Roc Cuttack |
Financials of Adhikar Microfinance Private Limited
Adhikar Microfinance Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 33.7% decrease. The company also saw a substantial fall in profitability, with a 68.96% decrease in profit. The company's net worth dipped by a decrease of 0.41%.
Enhance accessibility to Adhikar Microfinance's financial data by unlocking access to both Standalone and Consolidated balance sheets, Profit & Loss Statements, Ratios, Related Party Transactions, and additional relevant information.
Corporate Structure
Unlock access to Adhikar Microfinance's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Adhikar Microfinance Private Limited
Unlock and access historical data on people associated with Adhikar Microfinance, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (2)
Mohammad Amin
Managing DirectorAppointment Date: 04-Jun-2007
Status: Current
ML
Maheswar Lenka Company SecretaryAppointment Date: 25-Apr-2023
Status: Current
Board Members(3)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 16 Mar 2022 | ₹20.00 Cr | Open |
State Bank Of India Creation Date: 23 Mar 2021 | ₹15.00 Cr | Open |
Indian Bank Creation Date: 09 Mar 2021 | ₹8.00 Cr | Open |
Deals i
Gain comprehensive insights into the Deals and Valuation data of Adhikar 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 Adhikar 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.
Alert
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Related Corporates (Common Directorship)
Zarrat Agri And Farmers Development Private Limited
Active
10 years 1 month Mohammad Amin is a mutual person
Recent activity within the organization
Director Appointment
Maheswar Lenka was appointed as a Company Secretary was appointed as a Company Secretary on 25 Apr 2023 & has been associated with this company since 1 year 9 days .
25 Apr 2023Annual General Meeting
Adhikar Microfinance Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
30 Sep 2022Balance Sheet
Adhikar Microfinance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Cuttack.
31 Mar 2022Charges
A charge with Others amounted to Rs. 20.00 cr with Charge ID 100548453 was registered on 16 Mar 2022.
16 Mar 2022Charges
A charge registered on 12 Apr 2018 via Charge ID 100189200 with Others was fully satisfied on 17 Feb 2022.
17 Feb 2022
Frequently asked questions
What is the Incorporation or founding date of Adhikar Microfinance Private Limited?
