Adhikar Microfinance Private Limited - Company Profile

It is a financial services private limited company based in Bhubaneswar, Orissa, India, established in 1997.
1997 Bhubaneswar, Orissa, India Active
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About Adhikar Microfinance Private Limited

Adhikar Microfinance Private Limited, a active private limited company, was established on 04 April 1997 in Bhubaneswar, Orissa, India. Engaging in microfinance institutions within the financial and insurance service sector, it holds CIN: U65923OR1997PTC010452. Registered under ROC Roc Cuttack. it is unlisted. It has an authorized capital of ₹35.00 Cr and a paid-up capital of ₹10.79 Cr.

Formerly known as Prateek Money Advisors Private Limited, Prateek Motor Finance Private Limited. It upholds a compliant status. Employing 68 professional, Its leadership includes Girish Kumar Meher (Nominee Director), Mohammad Nooruddin Amin (Managing Director), Parbati Malick (Nominee Director). Past directors included Tarakanta Mohapatra, Saneesh Singh, Prasad Kuchibhatla. It holds ₹205.50 Cr open charges and ₹250.00 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Plot No-77/180/970, Subudhipur,Tomando, Bhubaneswar, Orissa, 752054.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U65923OR1997PTC010452

  • Registration Number

    010452

  • Incorporation Date

    04 April 1997

  • Authorized Capital

    ₹35.00 Cr

  • Paid-Up Capital

    ₹10.79 Cr

  • ROC Code

    Roc Cuttack

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 35.00 Cr
  • Paid Up Capital ₹ 10.79 Cr
  • Company Age 28 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 205.50 Cr
  • Satisfied Charges ₹ 250.00 Cr
  • Revenue Growth **** -59.78%
  • Profit Growth **** -53.11%
  • Ebitda **** -157.08%
  • Net Worth -42.34%
  • Total Assets -2.35%
Company report

Adhikar Microfinance Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Adhikar Microfinance Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Adhikar Microfinance Private Limited?
Current Directors
Name Designation Appointment Date Status
Girish Kumar Meher Nominee Director 26 May 2020 Current
Mohammad Nooruddin Amin Managing Director 04 Jun 2007 Current
Parbati Malick Nominee Director 21 Jan 2011 Current
Gobinda Chandra Dalabehera Director 04 Jun 2007 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Nominee Director 26 May 2020 Past
Pramod Abcsdd Nominee Director 17 Mar 2017 Past
Pramod Abcsdd Director 30 Jan 2021 Past
Pramod Abcsdd Nominee Director 24 Dec 2021 Past
Pramod Abcsdd Director 13 May 2015 Past
Pramod Abcsdd Company Secretary - Past

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Financial Performance of Adhikar Microfinance.

Adhikar Microfinance Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 59.78% decrease. The company also saw a substantial fall in profitability, with a 53.11% decrease in profit. The company's net worth observed a substantial decline by a decrease of 42.34%.

Adhikar Microfinance revenue growth over time
Adhikar Microfinance profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -59.78%
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Revenue from Operations
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 -61.66%
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Total Assets
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 -2.35%
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*******
Profit or Loss
*******
 -53.11%
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*******
*******
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Net Worth
*******
 -42.34%
*******
*******
*******
*******
EBITDA
*******
 -157.08%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Adhikar Microfinance?

In 2023, Adhikar Microfinance had a promoter holding of 7.10% and a public holding of 92.90%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹2,055,000,000.00

Satisfied Charges

₹2,500,000,000.00

Charges Breakdown by Lending Institutions
  • Others : 155.50 Cr
  • Sidbi : 22.00 Cr
  • State Bank Of India : 15.00 Cr
  • Indian Bank : 8.00 Cr
  • Canara Bank : 5.00 Cr
Latest Charge Details
Date Lender Amount Status
16 Mar 2022 Others ₹20.00 Cr Open
23 Mar 2021 State Bank Of India ₹15.00 Cr Open
09 Mar 2021 Indian Bank ₹8.00 Cr Open
03 Sep 2020 Sidbi ₹10.00 Cr Open
12 Feb 2020 Others ₹5.00 Cr Open

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How Many Employees Work at Adhikar Microfinance?

Adhikar Microfinance has a workforce of 68 employees as of Apr 01, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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
Graph displaying rating trends over time

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.

Alerts
Alert Indicator

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.

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Latest Updates, News, and FAQs on Adhikar Microfinance
Recent Activity within the Organization
  • Annual General Meeting

    Adhikar Microfinance Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Adhikar Microfinance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack. was completed.

  • Director Appointment

    The activity 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 2 years 9 months . was completed.

  • Charges

    A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100548453 was registered on 16 Mar 2022. was recorded as a recent event.

  • Charges

    The activity A charge registered on 12 Apr 2018 via Charge ID 100189200 with Others was fully satisfied on 17 Feb 2022. was completed.

  • Charges

    Progress on A charge with Others of Rs. 2.50 Cr registered on 12 Apr 2018 with Charge ID 100189200 was modified on 01 Apr 2021. was documented.

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Frequently Asked Questions
What is the CIN of Adhikar Microfinance Private Limited?

The CIN of Adhikar Microfinance Private Limited is U65923OR1997PTC010452.

Where is Adhikar Microfinance Private Limited headquartered?

Adhikar Microfinance Private Limited is headquartered at Plot No-77/180/970, Subudhipur,Tomando, Bhubaneswar, Orissa, 752054.

When was Adhikar Microfinance Private Limited incorporated?

Adhikar Microfinance Private Limited was incorporated on 04 April 1997.

Who are the current directors of Adhikar Microfinance Private Limited?

The current directors of Adhikar Microfinance Private Limited are

What is the primary industry of Adhikar Microfinance Private Limited?

The primary industry of Adhikar Microfinance Private Limited is Financial And Insurance Service.

Is Adhikar Microfinance Private Limited a listed company?

Adhikar Microfinance Private Limited is unlisted.

What is the capital structure of Adhikar Microfinance Private Limited?

The authorized capital of Adhikar Microfinance Private Limited is ₹35.00 Cr, and the paid-up capital is ₹10.79 Cr.

What is the compliance status of Adhikar Microfinance Private Limited?

The compliance status of Adhikar Microfinance Private Limited is Compliant.

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