About Atulya Nirman Micro Finance Association
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Atulya Nirman Micro Finance Association is a public not for profit company based in Ghaziabad, Uttar Pradesh, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 21 July 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U65923UP2015NPL072162. The company has 1 GST registration on record, which is no longer active.
It is led by directors including Madhura Mahadev Tari and Rajan Bhikaji Vengurlekar.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Dubai Mall A5 Near Rdc Raj Nagar Ghaziabad, Uttar Pradesh, India – 201001.
As per the financials filed for FY 2017, the company reported a revenue of ₹32.05 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹13.2 Lakh (net margin -41.2%) and EBITDA of -₹11.92 Lakh (EBITDA margin -37.2%).
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website atulyamicrofin.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressDubai Mall A5 Near Rdc Raj Nagar Ghaziabad, Uttar Pradesh, India – 201001
- IndustryFinancial Services, Microfinance Institutions
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Atulya Nirman Micro Finance Association
The main business activity of Atulya Nirman Micro Finance Association 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
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.
Financials of Atulya Nirman Micro Finance Association FY 2017 filings available
Atulya Nirman Micro Finance Association reported revenue of ₹32.05 Lakh (up 496% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR) of Atulya Nirman Micro Finance Association
Revenue rose 496% in the latest year. EBITDA fell 64% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Atulya Nirman Micro Finance Association
| Metrics | FY 2016-17 | FY 2015-16 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹32.05 Lakh | •••• |
| Other Income | •••• | •••• |
| Total Revenue | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• |
| Employee Benefit Expense | •••• | •••• |
| Finance Costs | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• |
| Other Expenses | •••• | •••• |
| Total Expenses | •••• | •••• |
| EBITDA | -₹11.92 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | -₹13.2 Lakh | •••• |
| Balance Sheet | ||
| Share Capital | •••• | •••• |
| Reserves and Surplus | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• |
| Long-term Borrowings | •••• | •••• |
| Short-term Borrowings | •••• | •••• |
| Trade Payables | •••• | •••• |
| Total Liabilities | •••• | •••• |
| Fixed Assets | •••• | •••• |
| Investments | •••• | •••• |
| Inventories | •••• | •••• |
| Trade Receivables | •••• | •••• |
| Cash and Bank Balance | •••• | •••• |
| Total Assets | •••• | •••• |
Financial Ratios of Atulya Nirman Micro Finance Association
| Metrics | FY 2016-17 | FY 2015-16 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -37.2% | •••• |
| Net Profit Margin | -41.2% | •••• |
| Return on Equity (ROE) | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• |
| Liquidity and Debt | ||
| Current Ratio | •••• | •••• |
| Quick Ratio | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• |
| Efficiency and Growth | ||
| Asset Turnover | •••• | •••• |
| Receivable Days | •••• | •••• |
| Payable Days | •••• | •••• |
| Inventory Days | •••• | •••• |
| Revenue Growth | •••• | •••• |
| Net Profit Growth | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Atulya Nirman Micro Finance Association are in the company report.
Financial statements from FY 2016
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.
Board of Directors of Atulya Nirman Micro Finance Association
Atulya Nirman Micro Finance Association has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikhil Mangesh Vengurlekar Also directs: Atulya Nirman Resorts Club Private Limited | Additional Director | 25 Jan 2018 | 8 Years 8 Months | Current |
| Madhura Mahadev Tari | Director | 21 Jul 2015 | 11 Years 2 Months | Current |
| Rajan Bhikaji Vengurlekar Also directs: Atulya Nirman Resorts Club Private Limited | Director | 21 Jul 2015 | 11 Years 2 Months | Current |
Peer Comparison of Atulya Nirman Micro Finance Association
Atulya Nirman Micro Finance Association is compared with the companies closest to it by revenue in the BFSI industry (Finance, Micro Finance). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lvee Fintech Private Limited | ₹32.15 Lakh (FY 2024) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Dil Deep Chits Private Limited | ₹32.14 Lakh (FY 2025) | •••• | •••• | 58.0% | •••• | Panipat, Haryana, India |
| Gujarat State Handicapped (Divyang) Finance and Development Corporation | ₹32.14 Lakh (FY 2023) | •••• | •••• | 21.0% | •••• | Gandhinagar, Gujarat, India |
| Glitter Leasing & Finance Co. Pvt.Ltd. | ₹32.13 Lakh (FY 2019) | •••• | •••• | -3.0% | •••• | Kolkata, West Bengal, India |
| Disham Finance Private Limited | ₹32.13 Lakh (FY 2025) | •••• | •••• | 46.0% | •••• | Purulia, West Bengal, India |
| Atulya Nirman Micro Finance Association this company | ₹32.05 Lakh (FY 2017) | •••• | •••• | 496.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Batteryiq Climatech Private Limited | ₹32.03 Lakh (FY 2025) | •••• | •••• | 68.0% | •••• | Bangalore, Karnataka, India |
| Nambakam Saswatha Nidhi Limited | ₹31.99 Lakh (FY 2025) | •••• | •••• | -17.0% | •••• | Chennai, Tamil Nadu, India |
| Flow Finance Private Limited | ₹31.87 Lakh (FY 2024) | •••• | •••• | 13.0% | •••• | Bangalore, Karnataka, India |
| Namokar Urban Multiple Nidhi Limited | ₹31.87 Lakh (FY 2025) | •••• | •••• | -40.0% | •••• | Aurangabad, Maharashtra, India |
| Khiroria Trade & Finance Pvt Ltd | ₹31.84 Lakh (FY 2025) | •••• | •••• | 91.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Atulya Nirman Micro Finance Association by revenue in the BFSI industry (Finance, Micro Finance), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Atulya Nirman Micro Finance Association
Atulya Nirman Micro Finance Association is audited by SHARMA PATEL & ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHARMA PATEL & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
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.
Ownership and Shareholding of Atulya Nirman Micro Finance Association
Shareholding and ownership data
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 Atulya Nirman Micro Finance Association
Atulya Nirman Micro Finance Association does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Atulya Nirman Micro Finance Association
Employment history and EPFO contributions of people linked to Atulya Nirman Micro Finance Association.
Employee and EPFO history
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.
Recent Activity on Atulya Nirman Micro Finance Association
Atulya Nirman Micro Finance Association has 4 board changes on record since 2015: 3 appointments and 1 cessation. The latest: Mahadeo Pandurang Jadhav ceased to be Director on 25 Jan 2018.
Credit Ratings, Litigation & Regulatory Alerts for Atulya Nirman Micro Finance Association
Credit ratings, litigation, and regulatory alerts
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 Atulya Nirman Micro Finance Association
MSME payment history
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 Atulya Nirman Micro Finance Association
Corporate group structure
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.
GST Compliance of Atulya Nirman Micro Finance Association
Atulya Nirman Micro Finance Association has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
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.
MCA Filings & Documents of Atulya Nirman Micro Finance Association
MCA filings and documents
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.
Frequently Asked Questions about Atulya Nirman Micro Finance Association
Atulya Nirman Micro Finance Association is an active public not for profit company based in Ghaziabad, Uttar Pradesh, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 21 July 2015 (11+ years old) and is registered under CIN U65923UP2015NPL072162.
Atulya Nirman Micro Finance Association reported revenue of ₹32.05 Lakh for FY 2017 (up 496% YoY).
Atulya Nirman Micro Finance Association has 3 current directors:
- Nikhil Mangesh Vengurlekar - Additional Director
- Madhura Mahadev Tari - Director
- Rajan Bhikaji Vengurlekar - Director
Atulya Nirman Micro Finance Association reported a net loss of ₹13.2 Lakh (net margin -41.2%) and EBITDA of -₹11.92 Lakh (EBITDA margin -37.2%) for FY 2017, as per its filed financial statements.
No. Atulya Nirman Micro Finance Association has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Atulya Nirman Micro Finance Association is U65923UP2015NPL072162. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Atulya Nirman Micro Finance Association was incorporated on 21 July 2015, making it 11+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
The peers of Atulya Nirman Micro Finance Association by revenue are Lvee Fintech Private Limited, Dil Deep Chits Private Limited, Gujarat State Handicapped (Divyang) Finance and Development Corporation, Glitter Leasing & Finance Co. Pvt.Ltd, Disham Finance Private Limited and 5 more, all in the BFSI industry (Finance, Micro Finance).
Mahadeo Pandurang Jadhav ceased to be Director on 25 Jan 2018. Nikhil Mangesh Vengurlekar was appointed as Additional Director on 25 Jan 2018. Madhura Mahadev Tari was appointed as Director on 21 Jul 2015. Atulya Nirman Micro Finance Association has 4 board changes on record in total.
Atulya Nirman Micro Finance Association can be reached through the website atulyamicrofin.com. Its registered office is in Ghaziabad, Uttar Pradesh, India.
The registered office of Atulya Nirman Micro Finance Association is at Dubai Mall A5 Near Rdc Raj Nagar Ghaziabad, Uttar Pradesh, India – 201001.