About Asirvad Micro Finance Limited
Data last updated: 07 December 2025
Asirvad Micro Finance Limited is a public limited company based in Egmore Nungambakka, Tamil Nadu, India, a subsidiary of Manappuram Finance Limited. It specialises in microfinance institutions, a part of the broader financial services sector. Incorporated on 29 August 2007, the company has been in operation for over 19 years.
Registered with ROC Chennai under CIN U65923TN2007PTC064550.
Capital: an authorised share capital of ₹600 Cr and a paid-up capital of ₹283.62 Cr. Formerly known as Asirvad Micro Finance Private Limited. It is led by directors including Thotanchath Balakrishnan and Pushya Sitaraman.
Last AGM: 12 August 2025. Financial statements filed for year ended 31 March 2025. Office: Egmore Nungambakka, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹2,734.39 Cr, a growth of 0% compared to the previous year.
The company has a workforce of approximately 16,309 employees as per the latest available data. It operates as a subsidiary of Manappuram Finance Limited.
The company is associated with 3 brands - Asirvad Micro Finance, Asirvad Microfinance Services, Asirvad Microfinance. As per MCA filings, the company has open charges of ₹14,869 Cr and satisfied charges of ₹16,996 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 asirvadmicrofinance.co.in.
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Registered AddressCeebros Manjula 3Rd Floor Office No. 1 New No. 39 Old No.45 Montieth Road, Egmore Opp Indian Red Cross Society, Egmore Nungambakka, Tamil Nadu, India – 600008
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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 Asirvad Micro Finance Limited
Asirvad Micro Finance Limited has one previous CIN (Corporate Identification Number): U65923TN2007PTC064550. The current CIN is U65923TN2007PLC064550, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65923TN2007PLC064550 | Current |
| U65923TN2007PTC064550 | Previous |
Associated Brands with Asirvad Micro Finance Limited
Asirvad Micro Finance Limited operates multiple associated brands including Asirvad Micro Finance, Asirvad microfinance services, and Asirvad Microfinance. These brands represent Asirvad Micro Finance Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Delivers VoIP, cloud, and hosted email services for business communication. | asirvad.in | |
| Delivers comprehensive microfinance solutions to support individuals and businesses. | asirvadmicrofinanceservices.com | |
| Micro loans for consumers are provided by Asirvad Microfinance. | asirvadmicrofinance.co.in |
Competitors & Alternatives of Asirvad Micro Finance Limited
Brands and companies operating in the same space as Asirvad Micro Finance Limited include ESAF, Happiest Minds, Mavenir and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
ESAF
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Microfinance banking services are offered in India by ESAF. | Thrissur, India, India | 1992 |
Happiest Minds
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IT outsourcing services are delivered across multiple business lines. | Bengaluru, India, India | 2011 |
Mavenir
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Multi-access edge networking computing platform is provided for mobile services. | Richardson, United States, United States | 2005 |
Satin Creditcare
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Micro loans for businesses are offered by this NBFC. | Delhi, India, India | 1990 |
1&1 IONOS
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Cloud infrastructure and hosting services are provided by 1&1 IONOS. | Chesterbrook, United States, United States | 1988 |
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 |
Datamatics
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Cloud-based text analytics and cognitive automation services are provided. | Mumbai, India, India | 1975 |
Genpact
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Provider of end-to-end business process outsourcing services | New York, United States, United States | 1997 |
NTT DATA
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Application development, cloud, cybersecurity, and business intelligence services are provided. | Koto City, Japan, Japan | 1967 |
Business Activity of Asirvad Micro Finance Limited
Asirvad Micro Finance Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details for Asirvad Micro Finance Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
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Board of Directors of Asirvad Micro Finance Limited
Asirvad Micro Finance Limited is currently managed by 9 directors, with 27 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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Thotanchath Balakrishnan
Also directs:
Manappuram Comptech And Consultants Limited, Muralya Dairy Products Private Limited, Mlr Auto Limited and 1 more
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Director | 15 May 2018 | 8 Years 2 Months | Current |
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Pushya Sitaraman
Also directs:
Lmw Limited, Shiksha Financial Services India Private Limited
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Director | 02 Feb 2019 | 7 Years 5 Months | Current |
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Harshan Kollara Sankarakutty
Also directs:
Manappuram Finance Limited
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Director | 07 Aug 2021 | 4 Years 11 Months | Current |
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Subrata Kumar Atindra Mitra
Also directs:
Qsk Advisory Llp, Il&Fs Engineering And Construction Company Limited, Il&Fs Transportation Networks Limited and 3 more
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Director | 17 Mar 2020 | 6 Years 4 Months | Current |
| Desh Raj Dogra | Director | 09 Sep 2016 | 9 Years 10 Months | Current |
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Gautam Rathindranath Saigal
Also directs:
Manappuram Home Finance Limited, Pachira Financial Services Llp, Zim Health Technologies Limited and 1 more
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Director | 18 Mar 2015 | 11 Years 4 Months | Current |
Financials of Asirvad Micro Finance Limited FY 2025 filings available
Asirvad Micro Finance Limited reported revenue of ₹2,734.39 Cr for FY 2025.
Ten-year financial statements for Asirvad Micro Finance Limited
Historical statement values and trend charts require an active report plan.
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Charges & Borrowings of Asirvad Micro Finance Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Oct 2025 | Others | ₹200 Cr | Open |
| 28 Oct 2025 | Others | ₹200 Cr | Open |
| 29 Sep 2025 | Others | ₹40 Cr | Open |
| 19 Sep 2025 | Others | ₹100 Cr | Open |
| 16 Sep 2025 | Others | ₹60 Cr | Open |
Total charge records: 458 View all charges
Employees and EPFO Compliance at Asirvad Micro Finance Limited
View historical data on people associated with Asirvad Micro Finance Limited, including employment history and EPFO contributions.
Employee and EPFO history for Asirvad Micro Finance Limited
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GST Compliance of Asirvad Micro Finance Limited
GST registrations and filing compliance for Asirvad Micro Finance Limited
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Credit Ratings, Litigation & Regulatory Alerts for Asirvad Micro Finance Limited
Credit ratings, litigation, and regulatory alerts for Asirvad Micro Finance Limited
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MSME Payment Delays by Asirvad Micro Finance Limited
MSME payment history for Asirvad Micro Finance Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
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Subsidiaries & Group Companies of Asirvad Micro Finance Limited
Corporate group structure for Asirvad Micro Finance Limited
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MCA Filings & Documents of Asirvad Micro Finance Limited
MCA filings and documents for Asirvad Micro Finance Limited
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Recent Activity on Asirvad Micro Finance Limited
Recent News on Asirvad Micro Finance Limited
Frequently Asked Questions about Asirvad Micro Finance Limited
Asirvad Micro Finance Limited is an active public limited company in the financial services sector based in Egmore Nungambakka, Tamil Nadu, India. It was incorporated on 29 August 2007 (19+ years old) and is registered under CIN U65923TN2007PLC064550. The company has 16,309 employees.
Asirvad Micro Finance Limited reported revenue of ₹2,734.39 Cr for FY 2025 (up 0.00% YoY).
The current directors of Asirvad Micro Finance Limited are:
- Thotanchath Balakrishnan - Director
- Pushya Sitaraman - Director
- Harshan Kollara Sankarakutty - Director
- Subrata Kumar Atindra Mitra - Director
- Desh Raj Dogra - Director
- Gautam Rathindranath Saigal - Director
- Abhijit Sen - Director
- Vazhappully Padmanabhan Nandakumar - Director
- Raja Vaidyanathan Venkataraman Sattanathapuram - Director
The primary industry of Asirvad Micro Finance Limited is financial services. The company specifically operates in microfinance institutions. The company is currently active in this sector.
Asirvad Micro Finance Limited can be reached at the registered office: 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, India – 600008, or through the website asirvadmicrofinance.co.in.
The authorised capital is ₹600 Cr, and the paid-up capital is ₹283.62 Cr.