About Adhikar Microfinance Private Limited
Data last updated: 27 December 2025
Adhikar Microfinance Private Limited is a private limited company based in Bhubaneswar, Orissa, India. It specialises in microfinance institutions, a part of the broader financial services sector. Incorporated on 04 April 1997, the company has been in operation for over 29 years.
Registered with ROC Cuttack under CIN U65990OR1997PTC010452.
Capital: an authorised share capital of ₹35 Cr and a paid-up capital of ₹10.79 Cr. Formerly known as Prateek Money Advisors Private Limited and Prateek Motor Finance Private Limited. It is led by directors including Girish Kumar Meher and Mohammad Nooruddin Amin.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: Plot No – 77/180/970 Subudhipur Tomando, Bhubaneswar, Orissa, India – 752054.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.58 Cr, a decline of 66% compared to the previous year.
The company has a workforce of approximately 68 employees as per the latest available data.
The company is associated with 2 brands - Adhikar Microfinance, Adhikar. As per MCA filings, the company has open charges of ₹205.5 Cr and satisfied charges of ₹250 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website adhikarindia.in.
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Registered AddressPlot No – 77/180/970 Subudhipur Tomando, Bhubaneswar, Orissa, India – 752054
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IndustryFinancial Services, Microfinance Institutions, NBFC
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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Name History of Adhikar Microfinance Private Limited
Adhikar Microfinance Private Limited has undergone 2 name changes throughout its history. The company was previously known as Prateek Money Advisors Private Limited, and Prateek Motor Finance Private Limited. The current legal name is Adhikar Microfinance Private Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Adhikar Microfinance Private Limited | Current |
| Prateek Money Advisors Private Limited | Previous |
| Prateek Motor Finance Private Limited | Previous |
CIN History of Adhikar Microfinance Private Limited
Adhikar Microfinance Private Limited has one previous CIN (Corporate Identification Number): U65990OR1997PTC010452. The current CIN is U65923OR1997PTC010452, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65923OR1997PTC010452 | Current |
| U65990OR1997PTC010452 | Previous |
Associated Brands with Adhikar Microfinance Private Limited
Adhikar Microfinance Private Limited operates two associated brands: Adhikar Microfinance and Adhikar. These brands represent Adhikar Microfinance Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Potato farming, grain marketing, and equipment services are conducted by Maine Potato Growers in Maine. | adhikarindia.in | |
| Foundation focused on economic and political empowerment | adhikarindia.org |
Business Activity of Adhikar Microfinance Private Limited
Adhikar Microfinance Private Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details for Adhikar Microfinance Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Board of Directors of Adhikar Microfinance Private Limited
Adhikar Microfinance Private Limited is currently managed by 4 directors, with 20 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Girish Kumar Meher | Nominee Director | 26 May 2020 | 6 Years 1 Months | Current |
| Mohammad Nooruddin Amin | Managing Director | 04 Jun 2007 | 19 Years 1 Months | Current |
| Parbati Malick | Nominee Director | 21 Jan 2011 | 15 Years 6 Months | Current |
| Gobinda Chandra Dalabehera | Director | 04 Jun 2007 | 19 Years 1 Months | Current |
Financials of Adhikar Microfinance Private Limited FY 2024 filings available
Adhikar Microfinance Private Limited reported revenue of ₹1.58 Cr (down 66.00% YoY) for FY 2024.
Ten-year financial statements for Adhikar Microfinance Private Limited
Historical statement values and trend charts require an active report plan.
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Charges & Borrowings of Adhikar Microfinance Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Mar 2022 | Others | ₹20 Cr | Open |
| 23 Mar 2021 | State Bank of India | ₹15 Cr | Open |
| 09 Mar 2021 | Indian Bank | ₹8 Cr | Open |
| 03 Sep 2020 | Sidbi | ₹10 Cr | Open |
| 12 Feb 2020 | Others | ₹5 Cr | Open |
Total charge records: 104 View all charges
Employees and EPFO Compliance at Adhikar Microfinance Private Limited
View historical data on people associated with Adhikar Microfinance Private Limited, including employment history and EPFO contributions.
Employee and EPFO history for Adhikar Microfinance Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
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GST Compliance of Adhikar Microfinance Private Limited
GST registrations and filing compliance for Adhikar Microfinance Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Adhikar Microfinance Private Limited
Credit ratings, litigation, and regulatory alerts for Adhikar Microfinance Private Limited
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- Rating history
- Court and tribunal cases
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- Director-linked violations
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MSME Payment Delays by Adhikar Microfinance Private Limited
MSME payment history for Adhikar Microfinance Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
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Subsidiaries & Group Companies of Adhikar Microfinance Private Limited
Corporate group structure for Adhikar Microfinance Private Limited
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- Subsidiaries and ownership
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MCA Filings & Documents of Adhikar Microfinance Private Limited
MCA filings and documents for Adhikar Microfinance Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Adhikar Microfinance Private Limited
Frequently Asked Questions about Adhikar Microfinance Private Limited
Adhikar Microfinance Private Limited is an active private limited company in the financial services sector based in Bhubaneswar, Orissa, India. It was incorporated on 04 April 1997 (29+ years old) and is registered under CIN U65923OR1997PTC010452. The company has 68 employees.
Adhikar Microfinance Private Limited reported revenue of ₹1.58 Cr for FY 2024 (down 66.00% YoY).
The current directors of Adhikar Microfinance Private Limited are:
- Girish Kumar Meher - Nominee Director
- Mohammad Nooruddin Amin - Managing Director
- Parbati Malick - Nominee Director
- Gobinda Chandra Dalabehera - Director
The primary industry of Adhikar Microfinance Private Limited is financial services. The company specifically operates in microfinance institutions. The company is currently active in this sector.
Adhikar Microfinance Private Limited can be reached at the registered office: Plot No – 77180970 Subudhipur Tomando, Bhubaneswar, Orissa, India – 752054, or through the website adhikarindia.in.
The authorised capital is ₹35 Cr, and the paid-up capital is ₹10.79 Cr.