Agora Microfinance India Limited - Company Profile

It is a financial services public limited company based in Mahape Navi Mumbai, Maharashtra, India, established in 1996.

1996 Mahape Navi Mumbai, Maharashtra, India Active

Last Updated: December 30, 2025

About Agora Microfinance India Limited

Agora Microfinance India Limited, a active public limited company, was established on 31 May 1996 in Mahape Navi Mumbai, Maharashtra, India. Engaging in microfinance institutions within the financial and insurance service sector, it holds CIN: U65921MH1996PLC240921. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹22.00 Cr and a paid-up capital of ₹21.03 Cr.

Formerly known as Jagdhan Finance And Investment Limited. It upholds a compliant status. Employing 111 professional, Its leadership includes Tanmay Chetan (Nominee Director), Asit Prabhudas Mehta (Director), Manoj Naval (Managing Director). Past directors included Pazhaniappan Rajasekharan, Tara Keshabdas Nair, Pradeep Narinder Sarin. It holds ₹3.00 Cr open charges and ₹121.50 Cr settled loans. Its latest AGM occurred on 28 May 2025, with the balance sheet filed on 31 December 2024. It is based at Off No. 404, Wing-A, 4Th Floor, Technocitypremises Co-Op. Soc Ltd, Plot No. X-4/1 & X-4/2,, Shillphata, Mahape Navi Mumbai, Maharashtra, 400709.

Company Details

CIN/LLPIN
U65921MH1996PLC240921
Registration Number
240921
Incorporation Date
31 May 1996
Authorized Capital
₹22.00 Cr
Paid-Up Capital
₹21.03 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 22.00 Cr as on 30-12-2025
Paid Up Capital ₹ 21.03 Cr as on 30-12-2025
Company Age 29 Year, 8 Months
Last Filing with ROC 31 Dec 2024
Open Charges ₹ 3.00 Cr as on 30-12-2025
Satisfied Charges ₹ 121.50 Cr as on 30-12-2025
Revenue Growth **** 70.44% (FY 2023)
Profit Growth **** 359.45% (FY 2023)
Ebitda **** 129.41% (FY 2023)
Net Worth 97.92% (FY 2023)
Total Assets **** 31.75% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Agora Microfinance India 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 Agora Microfinance India Limited?

Current Directors

Name	Designation	Appointment Date	Status
Tanmay Chetan	Nominee Director	01 Nov 2011	Current
Asit Prabhudas Mehta	Director	26 Jun 2014	Current
Manoj Naval	Managing Director	29 Oct 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	01 Nov 2011	Past
Pramod Abcsdd	Director	30 Sep 2015	Past
Pramod Abcsdd	Additional Director	02 Apr 2018	Past
Pramod Abcsdd	Additional Director	25 Sep 2019	Past
Pramod Abcsdd	Managing Director	11 Apr 2011	Past
Pramod Abcsdd	Nominee Director	02 Oct 2012	Past

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Financial Performance of Agora Microfinance India.

Agora Microfinance India Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 70.44% increase. The company also saw a substantial improvement in profitability, with a 359.45% increase in profit. The company's net worth Soared by an impressive increase of 97.92%.

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

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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

********

70.44%

*******

Revenue from Operations

*******

76.52%

*******

Total Assets

*******

31.75%

*******

Profit or Loss

*******

359.45%

*******

Net Worth

*******

97.92%

*******

EBITDA

*******

129.41%

*******

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What is the Ownership and Shareholding Structure of Agora Microfinance India?

In 2022, Agora Microfinance India had a promoter holding of 99.57% and a public holding of 0.43%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

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

₹30,000,000.00

Satisfied Charges

₹1,215,000,000.00

Charges Breakdown by Lending Institutions

Others : 3.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
24 Sep 2024	Others	₹3.00 Cr	Open
05 Feb 2021	Others	₹1.00 Cr	Satisfied
29 Sep 2020	Others	₹2.50 M	Satisfied
09 Mar 2020	Others	₹3.00 Cr	Satisfied
18 Feb 2020	Others	₹3.00 Cr	Satisfied

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How Many Employees Work at Agora Microfinance India?

Agora Microfinance India has a workforce of 111 employees as of Apr 05, 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

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Deals i

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

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

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 Agora Microfinance India

Recent Activity within the Organization

Director Appointment

Manoj Naval was appointed as a Managing Director was appointed as a Managing Director on 29 Oct 2025 & has been associated with this company since 3 months 15 days . was recorded as a recent event.
29 Oct 2025
Annual General Meeting

The activity Agora Microfinance India Limited last Annual general meeting of members was held on 28 May 2025 as per latest MCA records. was completed.
28 May 2025
Balance Sheet

The activity Agora Microfinance India Limited has filed its annual Financial statements for the year ended 31 Dec 2024 with Roc Mumbai. was completed.
31 Dec 2024
Charges

Progress on A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100988553 was registered on 24 Sep 2024. was documented.
24 Sep 2024
Director Appointment

The activity Chandini Mansukh Patel was appointed as a Company Secretary was appointed as a Company Secretary on 20 Dec 2023 & has been associated with this company since 2 years 1 month . was completed.
20 Dec 2023
Charges

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

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