Agora Microfinance India Limited logo

Agora Microfinance India Limited

NBFC providing tailored financial solutions to Mumbai's entrepreneurial slum population since 1996.

1996 Thane, Maharashtra (India) Active

About

Basic Data Updated:

23 days ago

In the bustling city of Mumbai, there was a company that had a humble beginning. It was once known as Jagdhan Finance and Investment Limited, but now it goes by the name Agora Microfinance India Limited. This company, according to its credit rating report, holds a license as a Non-Banking Financial Company under Section 45-IA of the RBI Act, 1934. AMIL has a special mission - to cater to the needs of the entrepreneurial population residing in the slums of Mumbai. With a deep understanding of the challenges faced by this community, the company offers tailor-made products and services to help them achieve their dreams and aspirations. The company has spread its wings and established its presence in various areas of Mumbai, including Mankhurd, Santacruz, Vikhroli, Bhandup, Mumbra, Digha, Chembur, and many others. It has been in operation since 1996 and has its registered office located in the bustling city of Mumbai, Maharashtra. Over the years, AMIL has touched the lives of countless individuals and families, providing them with the necessary financial support to uplift themselves and their communities.

Industry

Company Details

  • Location

    Thane, Maharashtra, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNU65921MH1996PLC240921
Company No.240921
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date31 May 1996
Date of AGM23 Jun 2023
Date of Balance Sheet31 Dec 2022
Listing StatusUnlisted
ROC CodeRoc Mumbai

Financials of Agora Microfinance India Limited

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Agora Microfinance India Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 23.33% increase. The company also saw a substantial fall in profitability, with a 97.67% decrease in profit. The company's net worth moved up by a moderate rise of 0.06%.

Corporate Structure

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Unlock access to Agora Microfinance India'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 Agora Microfinance India Limited

Executive Team (2)

  • CP

    Chandini Patel Company Secretary

    Status: Current

  • MN

    Manoj Naval In CEO

    Appointment Date: 01-Apr-2020

    Status: Current

Board Members(4)

Charges (Loans)

Satisfied Charges

₹121.50 cr

LenderAmountStatus

Others

Creation Date: 05 Feb 2021
₹1.00 CrSatisfied

Others

Creation Date: 29 Sep 2020
₹2.50 MSatisfied

Others

Creation Date: 09 Mar 2020
₹3.00 CrSatisfied

Deals i

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Gain comprehensive insights into the Deals and Valuation data of Agora Microfinance India, 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 Agora Microfinance India's trajectory.

Rating

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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

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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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Recent activity within the organization

  • Activity

    Annual General Meeting

    Agora Microfinance India Limited last Annual general meeting of members was held on 23 Jun 2023 as per latest MCA records.

    23 Jun 2023
  • Activity

    Balance Sheet

    Agora Microfinance India Limited has filed its annual Financial statements for the year ended 31 Dec 2022 with Roc Mumbai.

    31 Dec 2022
  • Activity

    Charges

    A charge registered on 31 May 2019 via Charge ID 100270550 with Others was fully satisfied on 02 Nov 2022.

    02 Nov 2022
  • Activity

    Charges

    A charge registered on 29 Sep 2020 via Charge ID 100419368 with Others was fully satisfied on 11 Oct 2022.

    11 Oct 2022
  • Activity

    Charges

    A charge registered on 12 Apr 2017 via Charge ID 100097594 with Axis Bank Limited was fully satisfied on 29 Jul 2022.

    29 Jul 2022

Recent News, Updates & Announcement

Frequently asked questions

What is the Incorporation or founding date of Agora Microfinance India Limited?

Agora Microfinance India Limited was incorporated 27 years 11 months ago on 31 May 1996 with Registrar of Companies Roc Mumbai.

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