About Asmitha Microfin Limited
Data last updated:
Asmitha Microfin Limited is a public limited company based in Andhra Pradesh, Telangana, India. It specialises in microfinance institutions, a part of the broader financial services sector. Incorporated on 26 February 2001, the company has been in operation for over 25 years.
Registered with ROC Hyderabad under CIN U65923TG2001PLC036283.
Capital: an authorised share capital of ₹1,600 Cr and a paid-up capital of ₹1,137.58 Cr. It is led by directors including Khagendranath Kumar Vadlamudi and Janaki Rama Rao Gandham.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2024. Office: 1 – 2 – 58 Plot No 1 – 3 N Blockhabsiguda Hyderabad, Andhra Pradesh, Telangana, India – 500007.
As per the financials filed for FY 2024, the company reported a revenue of ₹71.56 Lakh, a decline of 16% compared to the previous year.
The company has a workforce of approximately 3 employees as per the latest available data.
The company is associated with 1 brand - Asmitha Microfin. As per MCA filings, the company has open charges of ₹2,822.46 Cr and satisfied charges of ₹1,534.55 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 asmithamicrofin.com.
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- Website
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- Registered Address1 – 2 – 58 Plot No 1 – 3 N Blockhabsiguda Hyderabad, Andhra Pradesh, Telangana, India – 500007
- IndustryFinancial Services, Microfinance Institutions
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Asmitha Microfin
Asmitha Microfin has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U65923TG2001PLC036283, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65923TG2001PLC036283 | Current |
| L65923AP2001PLC036283 | Previous |
| U65923AP2001PLC036283 | Previous |
Associated Brands with Asmitha Microfin
Asmitha Microfin operates one associated brand: Asmitha Microfin. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Collateral-free microcredit loans are provided to underserved clients. | asmithamicrofin.com |
Competitors & Alternatives of Asmitha Microfin
Brands and companies operating in the same space as Asmitha Microfin Limited include ESAF, Satin Creditcare, Bharat Financial Inclusion and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 ESAF | Microfinance banking services are offered in India by ESAF. | Thrissur, India, India | 1992 |
 Satin Creditcare | Micro loans for businesses are offered by this NBFC. | Delhi, India, India | 1990 |
 Bharat Financial Inclusion | Provider of micro-credit & insurance for low income income individuals and women | Secunderabad, India, India | 1997 |
 Muthoot Microfin | Microfinance loans are extended to low-income women entrepreneurs. | Ernakulam, India, India | 2010 |
 Svatantra Microfinance | Microcredit services are provided to rural women for financial inclusion. | Mumbai, India, India | 2012 |
 Fincare Small Finance Bank | Micro-finance bank | Bengaluru, India, India | 2007 |
 Spandana Sphoorty Financial | Microfinance loans are extended to low-income households for various needs. | Hyderabad, India, India | 2003 |
 Chaitanya India Fin Credit | Micro-credit financing is provided to low-income individuals and businesses. | Bengaluru, India, India | 2004 |
 Asirvad Microfinance | Micro loans for consumers are provided by Asirvad Microfinance. | Chennai, India, India | 2009 |
Business Activity of Asmitha Microfin
The main business activity of Asmitha Microfin is financial and insurance service. In detail, this covers 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 Asmitha Microfin Limited
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Asmitha Microfin
Asmitha Microfin Limited is audited by B.V.Reddy & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B.V.Reddy & Co. | Locked | Locked | Locked |
Complete auditor history for Asmitha Microfin Limited
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Asmitha Microfin Limited
Asmitha Microfin has 5 current directors and 32 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Khagendranath Kumar Vadlamudi | Director | 30 Dec 2020 | 5 Years 9 Months | Current |
| Janaki Rama Rao Gandham | Director | 30 Mar 2024 | 2 Years 6 Months | Current |
| Srinivas Reddy Also directs: Suneha Infrastructure Private Limited | Whole-Time Director | 27 Feb 2025 | 1 Years 7 Months | Current |
| Vaishali Vaidya | Director | 14 Feb 2008 | 18 Years 7 Months | Current |
| Jayasurya Rekam | Whole-Time Director | 05 Sep 2017 | 9 Years 0 Months | Current |
Financials of Asmitha Microfin Limited FY 2024 filings available
Asmitha Microfin Limited reported revenue of ₹71.56 Lakh (down 16.00% YoY) for FY 2024.
Ten-year financial statements for Asmitha Microfin Limited
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Asmitha Microfin
Shareholding and ownership data for Asmitha Microfin Limited
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Asmitha Microfin
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 May 2014 | Idbi Trusteeship Services Limited | ₹270 Cr | Open |
| 24 Sep 2011 | Others | ₹1,158.21 Cr | Open |
| 29 Sep 2010 | Andhra Bank | ₹50 Cr | Open |
| 28 Sep 2010 | 3I Infotech Trusteeship Services Limited | ₹150 Cr | Open |
| 03 Sep 2010 | Standard Chartered Bank | ₹25 Cr | Open |
Total charge records: 109 View all charges
Employees and EPFO Compliance at Asmitha Microfin
Asmitha Microfin Limited has a workforce of 3 employees as of Apr 05, 2024.
Employee and EPFO history for Asmitha Microfin Limited
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Asmitha Microfin
GST registrations and filing compliance for Asmitha Microfin Limited
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Asmitha Microfin
Credit ratings, litigation, and regulatory alerts for Asmitha Microfin Limited
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Asmitha Microfin
MSME payment history for Asmitha Microfin Limited
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Asmitha Microfin
Corporate group structure for Asmitha Microfin Limited
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Asmitha Microfin
MCA filings and documents for Asmitha Microfin Limited
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Asmitha Microfin
Frequently Asked Questions about Asmitha Microfin Limited
Asmitha Microfin is an active public limited company in the financial services sector based in Andhra Pradesh, Telangana, India. It was incorporated on 26 February 2001 (25+ years old) and is registered under CIN U65923TG2001PLC036283. The company has 3 employees.
Asmitha Microfin reported revenue of ₹71.56 Lakh for FY 2024 (down 16.00% YoY).
The current directors of Asmitha Microfin are:
- Khagendranath Kumar Vadlamudi - Director
- Janaki Rama Rao Gandham - Director
- Srinivas Reddy - Whole-Time Director
- Vaishali Vaidya - Director
- Jayasurya Rekam - Whole-Time Director
The primary industry of Asmitha Microfin is financial services. The company specifically operates in microfinance institutions. The company is currently active in this sector.
Asmitha Microfin can be reached at the registered office: 1 – 2 – 58 Plot No 1 – 3 N Blockhabsiguda Hyderabad, Andhra Pradesh, Telangana, India – 500007, or through the website asmithamicrofin.com.
The authorised capital is ₹1,600 Cr, and the paid-up capital is ₹1,137.58 Cr.