About Agora Microfinance India Limited
Data last updated: 30 December 2025
Agora Microfinance India Limited is a public limited company based in Mahape Navi Mumbai, Maharashtra, India, a subsidiary of Agora Microfinance N.V. It specialises in microfinance institutions, a part of the broader financial services sector. Incorporated on 31 May 1996, the company has been in operation for over 30 years.
Registered with ROC Mumbai under CIN U65921UP1996PLC020057.
Capital: an authorised share capital of ₹22 Cr and a paid-up capital of ₹21.03 Cr. Formerly known as Jagdhan Finance and Investment Limited. It is led by directors including Tanmay Chetan and Asit Prabhudas Mehta.
Last AGM: 28 May 2025. Financial statements filed for year ended 31 December 2024. Office: Mahape Navi Mumbai, Maharashtra.
The company has a workforce of approximately 111 employees as per the latest available data. It operates as a subsidiary of Agora Microfinance N.V.
The company is associated with 1 brand - Agora Microfinance India. As per MCA filings, the company has open charges of ₹3 Cr and satisfied charges of ₹121.5 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 amil.co.in.
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Registered AddressOff No. 404 Wing – A 4Th Floor Technocitypremises Co – Op. Soc Ltd Plot No. X – 4/1 & X – 4/2, Shillphata, Mahape Navi Mumbai, Maharashtra, India – 400709
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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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CIN History of Agora Microfinance India Limited
Agora Microfinance India Limited has one previous CIN (Corporate Identification Number): U65921UP1996PLC020057. The current CIN is U65921MH1996PLC240921, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65921MH1996PLC240921 | Current |
| U65921UP1996PLC020057 | Previous |
Associated Brands with Agora Microfinance India Limited
Agora Microfinance India Limited operates one associated brand: Agora Microfinance India. These brands represent Agora Microfinance India Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Offers microfinance services to low-income urban communities in India sustainably. | amil.co.in |
Competitors & Alternatives of Agora Microfinance India Limited
Brands and companies operating in the same space as Agora Microfinance India Limited include ESAF, Satin Creditcare, Bharat Financial Inclusion and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
ESAF
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Microfinance banking services are offered in India by ESAF. | Thrissur, India, India | 1992 |
Satin Creditcare
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Micro loans for businesses are offered by this NBFC. | Delhi, India, India | 1990 |
Bharat Financial Inclusion
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Provider of micro-credit & insurance for low income income individuals and women | Secunderabad, India, India | 1997 |
Muthoot Microfin
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Microfinance loans are extended to low-income women entrepreneurs. | Ernakulam, India, India | 2010 |
Svatantra Microfinance
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Microcredit services are provided to rural women for financial inclusion. | Mumbai, India, India | 2012 |
Fincare Small Finance Bank
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Micro-finance bank | Bengaluru, India, India | 2007 |
Spandana Sphoorty Financial
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Microfinance loans are extended to low-income households for various needs. | Hyderabad, India, India | 2003 |
Chaitanya India Fin Credit
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Micro-credit financing is provided to low-income individuals and businesses. | Bengaluru, India, India | 2004 |
Asirvad Microfinance
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Micro loans for consumers are provided by Asirvad Microfinance. | Chennai, India, India | 2009 |
Business Activity of Agora Microfinance India Limited
Agora Microfinance India Limited operates primarily in the financial and insurance service sector. The company has 2 registered business activity segments, reflecting its diverse operational portfolio.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Financial and insurance Service | Locked | Other financial activities | Locked |
| Locked | Financial and insurance Service | Locked | Other financial activities | Locked |
Detailed business activity records for Agora Microfinance India Limited
Activity codes and turnover contribution percentages require an active report plan.
- Activity group codes
- Detailed activity codes
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Verified entity values are shown only after access is granted.
Board of Directors of Agora Microfinance India Limited
Agora Microfinance India Limited is currently managed by 3 directors, with 18 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 |
|---|---|---|---|---|
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Tanmay Chetan
Also directs:
M-Cril Limited
|
Nominee Director | 01 Nov 2011 | 14 Years 8 Months | Current |
|
Asit Prabhudas Mehta
Also directs:
Phoenix India Strategy Advisors Llp, Asit Mehta & Associates Llp
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Director | 26 Jun 2014 | 12 Years 0 Months | Current |
| Manoj Naval | Managing Director | 29 Oct 2025 | 0 Years 8 Months | Current |
Financials of Agora Microfinance India Limited FY 2024 filings available
Ten-year financial statements for Agora Microfinance India Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
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Charges & Borrowings of Agora Microfinance India Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Sep 2024 | Others | ₹3 Cr | Open |
| 05 Feb 2021 | Others | ₹1 Cr | Satisfied |
| 29 Sep 2020 | Others | ₹25 Lakh | Satisfied |
| 09 Mar 2020 | Others | ₹3 Cr | Satisfied |
| 18 Feb 2020 | Others | ₹3 Cr | Satisfied |
Total charge records: 65 View all charges
Employees and EPFO Compliance at Agora Microfinance India Limited
View historical data on people associated with Agora Microfinance India Limited, including employment history and EPFO contributions.
Employee and EPFO history for Agora Microfinance India Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
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GST Compliance of Agora Microfinance India Limited
GST registrations and filing compliance for Agora Microfinance India Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
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Credit Ratings, Litigation & Regulatory Alerts for Agora Microfinance India Limited
Credit ratings, litigation, and regulatory alerts for Agora Microfinance India Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
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MSME Payment Delays by Agora Microfinance India Limited
MSME payment history for Agora Microfinance India 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
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Agora Microfinance India Limited
Corporate group structure for Agora Microfinance India Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
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MCA Filings & Documents of Agora Microfinance India Limited
MCA filings and documents for Agora Microfinance India 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 Agora Microfinance India Limited
Recent News on Agora Microfinance India Limited
Frequently Asked Questions about Agora Microfinance India Limited
Agora Microfinance India Limited is an active public limited company in the financial services sector based in Mahape Navi Mumbai, Maharashtra, India. It was incorporated on 31 May 1996 (30+ years old) and is registered under CIN U65921MH1996PLC240921. The company has 111 employees.
The current directors of Agora Microfinance India Limited are:
- Tanmay Chetan - Nominee Director
- Asit Prabhudas Mehta - Director
- Manoj Naval - Managing Director
The primary industry of Agora Microfinance India Limited is financial services. The company specifically operates in microfinance institutions. The company is currently active in this sector.
Agora Microfinance India Limited can be reached at the registered office: Off No. 404 Wing – A 4Th Floor Technocitypremises Co – Op. Soc Ltd Plot No. X – 41 & X – 42, Shillphata, Mahape Navi Mumbai, Maharashtra, India – 400709, or through the website amil.co.in.
The authorised capital is ₹22 Cr, and the paid-up capital is ₹21.03 Cr.
The company has its registered office at Off No. 404 Wing – A 4Th Floor Technocitypremises Co – Op. Soc Ltd Plot No. X – 41 & X – 42, Shillphata, Mahape Navi Mumbai, Maharashtra, India – 400709.