Asirvad Micro Finance Limited Company Logo

Asirvad Micro Finance Limited - Company Profile

It is a financial services public limited company based in Egmore Nungambakka, Tamil Nadu, India, established in 2007.

2007 | Egmore Nungambakka, Tamil Nadu, India | Active
Last Updated:

About Asirvad Micro Finance Limited

Asirvad Micro Finance Limited, a active public limited company, was established on 29 August 2007 in Egmore Nungambakka, Tamil Nadu, India. Engaging in microfinance institutions within the financial and insurance service sector, it holds CIN: U65923TN2007PLC064550. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹600.00 Cr and a paid-up capital of ₹283.62 Cr.

Formerly known as Asirvad Micro Finance Private Limited. It upholds a compliant status. Employing 16,309 professional, Its leadership includes Raja Vaidyanathan Venkataraman Sattanathapuram (Director), Thotanchath Balakrishnan (Director), Gautam Rathindranath Saigal (Director). Past directors included Raja Vaidyanathan Venkataraman Sattanathapuram, Thotanchath Balakrishnan, Gautam Rathindranath Saigal. It holds ₹15,714.04 Cr open charges and ₹15,950.69 Cr settled loans. Its latest AGM occurred on 12 August 2025, with the balance sheet filed on 31 March 2025. It is based at Ceebros Manjula, 3Rd Floor, Office No. 1, New No. 39, Old No.45, Montieth Road,, Egmore, Opp Indian Red Cross Society, Egmore Nungambakka, Tamil Nadu, 600008.

Company Details

  • CIN/LLPIN

    U65923TN2007PLC064550

  • Registration Number

    064550

  • Incorporation Date

    29 August 2007

  • Authorized Capital

    ₹600.00 Cr

  • Paid-Up Capital

    ₹283.62 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 600.00 Cr
  • Paid Up Capital ₹ 283.62 Cr
  • Company Age 18 Year, 3 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 15,714.04 Cr
  • Satisfied Charges ₹ 15,950.69 Cr
  • Revenue Growth 25.69%
  • Profit Growth 1523.92%
  • Ebitda 55.87%
  • Net Worth 44.01%
  • Total Assets 49.45%
Company report

Asirvad Micro Finance Limited

Company Report FY 2025-2026

Explore comprehensive insights into Asirvad Micro Finance 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 Asirvad Micro Finance Limited?

Current Directors

NameDesignationAppointment DateStatus
Raja Vaidyanathan Venkataraman SattanathapuramDirector29 Aug 2007Current
Thotanchath BalakrishnanDirector15 May 2018Current
Gautam Rathindranath SaigalDirector18 Mar 2015Current
Vazhappully Padmanabhan NandakumarDirector10 Feb 2015Current
Harshan Kollara SankarakuttyDirector07 Aug 2021Current
Pushya SitaramanDirector02 Feb 2019Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector01 Jul 2010Past
Pramod AbcsddAdditional Director03 Aug 2018Past
Pramod AbcsddAdditional Director31 Jul 2015Past
Pramod AbcsddAdditional Director03 Aug 2018Past
Pramod AbcsddNominee Director12 Feb 2015Past
Pramod AbcsddDirector12 Feb 2015Past

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Financial Performance of Asirvad Micro Finance.

Asirvad Micro Finance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.69% increase. The company also saw a substantial improvement in profitability, with a 1523.92% increase in profit. The company's net worth Soared by an impressive increase of 44.01%.

Asirvad Micro Finance revenue growth over time
Asirvad Micro Finance 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
25.69%
Revenue from Operations
26.52%
Total Assets
49.45%
Profit or Loss
1523.92%
Net Worth
44.01%
EBITDA
55.87%

What is the Ownership and Shareholding Structure of Asirvad Micro Finance?

In 2022, Asirvad Micro Finance had a promoter holding of 99.43% and a public holding of 0.57%. 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

₹157,140,426,285.00

Satisfied Charges

₹159,506,886,993.02

Charges Breakdown by Lending Institutions

  • Others : 9221.04 Cr
  • State Bank Of India : 1419.00 Cr
  • Yes Bank Limited : 1300.00 Cr
  • Axis Bank Limited : 875.00 Cr
  • Sidbi : 800.00 Cr
  • Others : 2099.00 Cr

Latest Charge Details

DateLenderAmountStatus
30 Oct 2025Others₹200.00 CrOpen
29 Sep 2025Others₹40.00 CrOpen
19 Sep 2025Others₹100.00 CrOpen
16 Sep 2025Others₹60.00 CrOpen
08 Aug 2025Others₹350.00 CrOpen

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How Many Employees Work at Asirvad Micro Finance?

Asirvad Micro Finance has a workforce of 16309 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 Asirvad Micro Finance Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Asirvad Micro Finance, 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 Asirvad Micro Finance'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 Asirvad Micro Finance

Recent Activity within the Organization

  • Charges

    Progress on A charge registered on 30 Oct 2023 via Charge ID 100808065 with Uco Bank was fully satisfied on 04 Nov 2025. was documented.

  • Charges

    The activity A charge with Others amounted to Rs. 200.00 Cr with Charge ID 101180295 was registered on 30 Oct 2025. was completed.

  • Charges

    Progress on A charge registered on 25 Aug 2023 via Charge ID 100773507 with Others was fully satisfied on 27 Oct 2025. was documented.

  • Director Appointment

    Manojgerard David Pasangha was appointed as a Ceo was appointed as a Ceo on 24 Oct 2025 & has been associated with this company since 1 month 8 days . was recorded as a recent event.

  • Charges

    A charge registered on 03 Feb 2023 via Charge ID 100679261 with Others was fully satisfied on 06 Oct 2025. was recorded as a recent event.

  • Charges

    The activity A charge registered on 24 Jun 2022 via Charge ID 100591729 with Others was fully satisfied on 04 Oct 2025. was completed.

Recent News, Updates & Announcement

Frequently Asked Questions

  • What is the CIN of Asirvad Micro Finance Limited?

    The CIN of Asirvad Micro Finance Limited is U65923TN2007PLC064550.

  • Where is Asirvad Micro Finance Limited headquartered?

    Asirvad Micro Finance Limited is headquartered at Ceebros Manjula, 3Rd Floor, Office No. 1, New No. 39, Old No.45, Montieth Road,, Egmore, Opp Indian Red Cross Society, Egmore Nungambakka, Tamil Nadu, 600008.

  • When was Asirvad Micro Finance Limited incorporated?

    Asirvad Micro Finance Limited was incorporated on 29 August 2007.

  • Who are the current directors of Asirvad Micro Finance Limited?

    The current directors of Asirvad Micro Finance Limited are

  • What is the primary industry of Asirvad Micro Finance Limited?

    The primary industry of Asirvad Micro Finance Limited is Financial And Insurance Service.

  • Is Asirvad Micro Finance Limited a listed company?

    Asirvad Micro Finance Limited is unlisted.

  • What is the capital structure of Asirvad Micro Finance Limited?

    The authorized capital of Asirvad Micro Finance Limited is ₹600.00 Cr, and the paid-up capital is ₹283.62 Cr.

  • What is the compliance status of Asirvad Micro Finance Limited?

    The compliance status of Asirvad Micro Finance Limited is Compliant.

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