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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:

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 Pradeep Narinder Sarin (Director), Tanmay Chetan (Nominee Director), Asit Prabhudas Mehta (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 Indicators

  • Authorised Capital ₹ 22.00 Cr
  • Paid Up Capital ₹ 21.03 Cr
  • Company Age 29 Year, 6 Months
  • Last Filing with ROC 31 Dec 2024
  • Open Charges ₹ 3.00 Cr
  • Satisfied Charges ₹ 121.50 Cr
  • Revenue Growth 70.44%
  • Profit Growth 359.45%
  • Ebitda 129.41%
  • Net Worth 97.92%
  • Total Assets 31.75%
Company report

Agora Microfinance India Limited

Company Report FY 2025-2026

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

NameDesignationAppointment DateStatus
Pradeep Narinder SarinDirector15 Sep 2017Current
Tanmay ChetanNominee Director01 Nov 2011Current
Asit Prabhudas MehtaDirector26 Jun 2014Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector01 Nov 2011Past
Pramod AbcsddDirector30 Sep 2015Past
Pramod AbcsddAdditional Director02 Apr 2018Past
Pramod AbcsddAdditional Director25 Sep 2019Past
Pramod AbcsddManaging Director11 Apr 2011Past
Pramod AbcsddNominee Director02 Oct 2012Past

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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%.

Agora Microfinance India revenue growth over time
Agora Microfinance India profit and loss trends over time
  • 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%

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 Indicator graph

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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

DateLenderAmountStatus
24 Sep 2024Others₹3.00 CrOpen
05 Feb 2021Others₹1.00 CrSatisfied
29 Sep 2020Others₹2.50 MSatisfied
09 Mar 2020Others₹3.00 CrSatisfied
18 Feb 2020Others₹3.00 CrSatisfied

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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 growth trends for Agora Microfinance India Limited

Deals i

Graph showing company valuation over time

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

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.

Latest Updates, News, and FAQs on Agora Microfinance India

Recent Activity within the Organization

  • Annual General Meeting

    Agora Microfinance India Limited last Annual general meeting of members was held on 28 May 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Agora Microfinance India Limited has filed its annual Financial statements for the year ended 31 Dec 2024 with Roc Mumbai. was recorded as a recent event.

  • Charges

    A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100988553 was registered on 24 Sep 2024. was recorded as a recent event.

  • Director Appointment

    Progress on 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 1 year 11 months . was documented.

  • 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.

  • Charges

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

Frequently Asked Questions

  • What is the CIN of Agora Microfinance India Limited?

    The CIN of Agora Microfinance India Limited is U65921MH1996PLC240921.

  • Where is Agora Microfinance India Limited headquartered?

    Agora Microfinance India Limited is headquartered 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.

  • When was Agora Microfinance India Limited incorporated?

    Agora Microfinance India Limited was incorporated on 31 May 1996.

  • Who are the current directors of Agora Microfinance India Limited?

    The current directors of Agora Microfinance India Limited are

  • What is the primary industry of Agora Microfinance India Limited?

    The primary industry of Agora Microfinance India Limited is Financial And Insurance Service.

  • Is Agora Microfinance India Limited a listed company?

    Agora Microfinance India Limited is unlisted.

  • What is the capital structure of Agora Microfinance India Limited?

    The authorized capital of Agora Microfinance India Limited is ₹22.00 Cr, and the paid-up capital is ₹21.03 Cr.

  • What is the compliance status of Agora Microfinance India Limited?

    The compliance status of Agora Microfinance India Limited is Compliant.

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