Avika Micro Finance Private Limited
About Avika Micro Finance Private Limited
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Avika Micro Finance Private Limited is a private limited company based in Allahabad, Uttar Pradesh, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 08 November 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U65999UP2018PTC110137.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹23 Lakh. It is led by directors including Shiv Dutt (Managing Director) and Satyendra Kumar Das.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Mitr Nagar Dhussa Post Pipal Gaon Thana Dhumanganj, Allahabad, Uttar Pradesh, India – 212002.
As per the financials filed for FY 2019, the company reported a revenue of ₹38,999. For the same year it recorded a net loss of ₹1.16 Lakh (net margin -297.1%) and EBITDA of -₹82,058 (EBITDA margin -210.4%).
Company details
Contact details
Avika Micro Finance Private Limited's registered office is in Allahabad, Uttar Pradesh.
- Registered AddressMitr Nagar Dhussa Post Pipal Gaon Thana Dhumanganj, Allahabad, Uttar Pradesh, India – 212002
- IndustryFinancial Services, Other Financial Intermediation
- 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
Business activity
The main business activity of Avika Micro Finance is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Avika Micro Finance Private Limited, buy the company report.
Financials of Avika Micro Finance Private Limited
FY 2019 filings availableAvika Micro Finance Private Limited reported revenue of ₹38,999 for FY 2019.
Financial Statement Summary
| Metrics | FY 2018-19 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹82,058 |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹1.16 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
| Metrics | FY 2018-19 |
|---|---|
| Profitability | |
| EBITDA Margin | -210.4% |
| Net Profit Margin | -297.1% |
| 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 | |
To see the full financial statements and ratios of Avika Micro Finance Private Limited, buy the company report.
Board of directors of Avika Micro Finance Private Limited
Avika Micro Finance has 6 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satyendra Kumar Das | Director | 08 Nov 2018 | 8 Years 0 Months | Current |
| Shiv Dutt | Managing Director | 08 Nov 2018 | 8 Years 0 Months | Current |
| Hari Mohan Also directs: Vindhyabharti Micro Care Foundation | Director | 08 Nov 2018 | 8 Years 0 Months | Current |
| Poonam Giri Also directs: Vishvaroopaay Finance Private Limited | Director | 26 Oct 2019 | 7 Years 0 Months | Current |
| Surya Pratap Gaur | Director | 06 Sep 2019 | 7 Years 2 Months | Current |
| Rohit Kumar Also directs: Vindhyabharti Micro Care Foundation | Director | 31 May 2019 | 7 Years 5 Months | Current |
Peer comparison
Avika Micro Finance Private Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Finance, Micro Finance), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Purco Urban Nidhi Limited | ₹39,350 (FY 2020) | Miraj, Maharashtra, India | ||||
| Trade Box Fintech Solution Private Limited | ₹39,276 (FY 2024) | -81.0% | Noida, Uttar Pradesh, India | |||
| Avika Micro Finance Private Limitedthis company | ₹38,999 (FY 2019) | -₹1.16 Lakh | -297.1% | Allahabad, Uttar Pradesh, India | ||
| Udarthi Microcare Foundation | ₹38,877 (FY 2025) | -81.0% | Delhi, India | |||
| Profitag Technologies Private Limited | ₹38,783 (FY 2025) | -92.0% | Mumbai, Maharashtra, India | |||
| Prestige Green India Micro Finance Foundation | ₹38,700 (FY 2018) | 139.0% | Bareilly, Uttar Pradesh, India |
To see the full peer comparison of Avika Micro Finance Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Avika Micro Finance Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Avika Micro Finance Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Avika Micro Finance Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Avika Micro Finance Private Limited has 10 board changes on record since 2018: 6 appointments and 4 cessations. The latest: Kaptan Singh ceased to be Director on 12 Mar 2025.
1 earlier event is in the company report.
Frequently asked questions
Avika Micro Finance is an active private limited company based in Allahabad, Uttar Pradesh, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 08 November 2018 (8+ years old) and is registered under CIN U65999UP2018PTC110137.
Avika Micro Finance has 6 current directors:
- Shiv Dutt - Managing Director
- Satyendra Kumar Das - Director
- Hari Mohan - Director
- Poonam Giri - Director
- Surya Pratap Gaur - Director
- Rohit Kumar - Director
The latest financial statements of Avika Micro Finance on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2019 are in the company report.
The CIN (Corporate Identification Number) of Avika Micro Finance is U65999UP2018PTC110137. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avika Micro Finance was incorporated on 08 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
The peers of Avika Micro Finance by revenue are Purco Urban Nidhi Limited, Trade Box Fintech Solution Private Limited, Udarthi Microcare Foundation, Profitag Technologies Private Limited, Prestige Green India Micro Finance Foundation, all in the BFSI industry (Finance, Micro Finance), with the same principal business activity (other financial activities).
Kaptan Singh ceased to be Director on 12 Mar 2025. Mano Kamna Singh ceased to be Director on 12 Mar 2025. Satyendra Kumar Das ceased to be Director on 10 Sep 2021. Avika Micro Finance has 10 board changes on record in total.
The registered office of Avika Micro Finance is at Mitr Nagar Dhussa Post Pipal Gaon Thana Dhumanganj, Allahabad, Uttar Pradesh, India – 212002.
Avika Micro Finance operates in the financial services industry, in the other financial intermediation segment.
Avika Micro Finance can be reached at its registered office: Mitr Nagar Dhussa Post Pipal Gaon Thana Dhumanganj, Allahabad, Uttar Pradesh, India – 212002.
Avika Micro Finance is registered under the jurisdiction of the Registrar of Companies (ROC), Uttar Pradesh.
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