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 ₹14,869.04 Cr open charges and ₹16,995.69 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
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

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 Metrics
  • Authorised Capital ₹ 600.00 Cr
  • Paid Up Capital ₹ 283.62 Cr
  • Company Age 18 Year, 6 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 14,869.04 Cr
  • Satisfied Charges ₹ 16,995.69 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

Comprehensive Company Insights

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.

Access Report
Who are the key members and board of directors at Asirvad Micro Finance Limited?
Current Directors
Name Designation Appointment Date Status
Raja Vaidyanathan Venkataraman Sattanathapuram Director 29 Aug 2007 Current
Thotanchath Balakrishnan Director 15 May 2018 Current
Gautam Rathindranath Saigal Director 18 Mar 2015 Current
Vazhappully Padmanabhan Nandakumar Director 10 Feb 2015 Current
Harshan Kollara Sankarakutty Director 07 Aug 2021 Current
Pushya Sitaraman Director 02 Feb 2019 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 01 Jul 2010 Past
Pramod Abcsdd Additional Director 03 Aug 2018 Past
Pramod Abcsdd Additional Director 31 Jul 2015 Past
Pramod Abcsdd Additional Director 03 Aug 2018 Past
Pramod Abcsdd Nominee Director 12 Feb 2015 Past
Pramod Abcsdd Director 12 Feb 2015 Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

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
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

  • 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%
*******
*******
*******
*******

Discover detailed financial data and - Unlock financial today!

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 Pattern (FY 2024)
shareholding
  • 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

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)
Open Charges

₹148,690,426,285.00

Satisfied Charges

₹169,956,886,993.02

Charges Breakdown by Lending Institutions
  • Others : 8901.04 Cr
  • State Bank Of India : 1419.00 Cr
  • Yes Bank Limited : 1150.00 Cr
  • Axis Bank Limited : 875.00 Cr
  • Sidbi : 800.00 Cr
  • Others : 1724.00 Cr
Latest Charge Details
Date Lender Amount Status
30 Oct 2025 Others ₹200.00 Cr Open
28 Oct 2025 Others ₹200.00 Cr Open
29 Sep 2025 Others ₹40.00 Cr Open
19 Sep 2025 Others ₹100.00 Cr Open
16 Sep 2025 Others ₹60.00 Cr Open

Explore comprehensive loan charge details -

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 Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
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.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Asirvad Micro Finance
Recent Activity within the Organization
  • Charges

    The activity A charge registered on 02 Mar 2023 via Charge ID 100688269 with Idbi Bank Limited was fully satisfied on 26 Nov 2025. was completed.

  • Charges

    The activity A charge registered on 21 Feb 2023 via Charge ID 100681614 with Others was fully satisfied on 25 Nov 2025. was completed.

  • Charges

    The activity A charge registered on 25 Sep 2023 via Charge ID 100789155 with Others was fully satisfied on 19 Nov 2025. was completed.

  • Charges

    The activity A charge registered on 28 Jun 2023 via Charge ID 100743441 with Yes Bank Limited was fully satisfied on 14 Nov 2025. was completed.

  • Charges

    A charge registered on 30 Mar 2023 via Charge ID 100703572 with Indian Bank was fully satisfied on 07 Nov 2025. was recorded as a recent event.

  • Charges

    A charge registered on 30 Oct 2023 via Charge ID 100808065 with Uco Bank was fully satisfied on 04 Nov 2025. was recorded as a recent event.

Explore recent activity and updates - View Recent Activity

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.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available