Bhartiya Micro Credit

Bhartiya Micro Credit - financial services in Lucknow, Uttar Pradesh, India. FY 2026 financials and compliance.
CIN U65992UP2008NPL034486 Incorporated 17 January 2008 ROC Kanpur HQ Lucknow, Uttar Pradesh, India
Under Insolvency Private Not For Profit Company financial services
Data last updated
Revenue · FY 2018
₹45.05 Cr
▲ 45.00% YoY
EBITDA · FY 2018
*****
▲ 51.00% YoY
Net profit · FY 2018
*****
▲ 36.00% YoY
Authorised capital
₹20 Cr
Registered with MCA
Paid-up capital
₹20 Cr
Issued & subscribed
Open charges
₹426.43 Cr
Satisfied ₹81.34 Cr
Company age
18 yrs
Est. 2008
Employees · EPFO
67
Latest available

About Bhartiya Micro Credit

Data last updated: 24 July 2025

Bhartiya Micro Credit is a private not for profit company based in Lucknow, Uttar Pradesh, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It specialises in microfinance institutions, a part of the broader financial services sector. Incorporated on 17 January 2008, the company has been in operation for over 18 years.

Registered with ROC Kanpur under CIN U65992UP2008NPL034486.

Capital: an authorised share capital of ₹20 Cr and a paid-up capital of ₹20 Cr. It is led by directors including Rakesh Kumar Jindal and Krishna Murari Kumar.

Last AGM: 28 September 2018. Financial statements filed for year ended 31 March 2018. Office: 645/A/57 Plot No. – 15 Janki Vihar Sector – I Jankipuram, Lucknow, Uttar Pradesh, India – 226021.

As per the financials filed for FY 2018, the company reported a revenue of ₹45.05 Cr, a growth of 45% compared to the previous year.

The company has a workforce of approximately 67 employees as per the latest available data.

As per MCA filings, the company has open charges of ₹426.43 Cr and satisfied charges of ₹81.34 Cr on record.

The company is undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional, and the company may not be able to independently enter into new commitments. The last known website on record is bmcindia.com.

Company Details of Bhartiya Micro Credit
CIN U65992UP2008NPL034486
Registration Number 034486
Incorporation Date 17 January 2008
ROC Kanpur
Listing Status Unlisted
Company Status Under CIRP
Date of Last AGM 28 September 2018
Date of Balance Sheet 31 March 2018
Compliance Status Active Non-Compliant
Key People
Vijay Pandey Managing Director Rakesh Kumar Jindal Irp/Rp/Liquidator Krishna Murari Kumar Director
Contact Details
  • Email
    *****@*****.com
  • Telephone
    **************
  • Website
    bmcindia.com
  • Social Media
    **************
  • Registered Address
    645/A/57 Plot No. – 15 Janki Vihar Sector – I Jankipuram, Lucknow, Uttar Pradesh, India – 226021
  • Industry
    Financial Services, Microfinance Institutions
Company report
Bhartiya Micro Credit - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Bhartiya Micro Credit in one report.

10-year financials Directors & ownership Charges & compliance

Business Activity of Bhartiya Micro Credit

Bhartiya Micro Credit 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 *********

Auditor Details of Bhartiya Micro Credit

Bhartiya Micro Credit is audited by UMESH K AGRAWAL & CO for the financial year 2018. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
UMESH K AGRAWAL & CO blur-value blur-value blur-value

Board of Directors of Bhartiya Micro Credit

Bhartiya Micro Credit is currently managed by 4 directors, with 19 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Directors (as last reported)
Name Designation Appointment Date Tenure Status
Rakesh Kumar Jindal
Also directs: Efficax Resolution Professionals Private Limited
Irp/Rp/Liquidator 29 Aug 2024 1 Years 10 Months As last reported
Krishna Murari Kumar Director 03 Sep 2016 9 Years 10 Months As last reported
Deepika Malik Director 22 Dec 2016 9 Years 6 Months As last reported
Vijay Pandey
Also directs: Greenwear Clothing Llp, Nimisha Finance India Private Limited, Bhartiya Maya Credit Services Private Limited and 1 more
Managing Director 17 Jan 2008 18 Years 5 Months As last reported
View all directors

Financials of Bhartiya Micro Credit FY 2018 filings available

Bhartiya Micro Credit reported revenue of ₹45.05 Cr (up 45% YoY) for FY 2018. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹45.05 Cr ▲ 45%
Profit
***** ▲ 36%
EBITDA
***** ▲ 51%
Metrics
*****
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Revenue
Revenue from Operations
*****
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Revenue Growth %
*****
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Other Income
*****
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Total Revenue
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Expenses
Total Expenses
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Raw Material Cost
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Change in Inventory FG
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Change in Inventory WIP
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Purchase of Traded Goods
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Employee Cost
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Managerial Remuneration
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Audit Fees
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Insurance
*****
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Power & Fuel
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Interest
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Depreciation
*****
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Other Expenses
*****
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Profitability
EBITDA (Operating Profit)
*****
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Operating Margin %
*****
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Exceptional Items
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Extraordinary Items
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Profit Before Exceptional & Extraordinary Items
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Profit Before Tax
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Tax & Net Profit
Tax Expense
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Current Tax
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Deferred Tax
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Profit from Discontinued Operations
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Tax on Discontinued Operations
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Profit
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Net Margin %
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Metrics
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Shareholders' Funds
Total Shareholders' Funds
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Equity Capital
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Reserves & Surplus
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Money Against Warrants
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Other Equity
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Non-Current Liabilities
Total Non-Current Liabilities
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Long-Term Borrowings
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Deferred Tax Liabilities
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Other Non-Current Liabilities
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Long-Term Provisions
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Current Liabilities
Total Current Liabilities
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Short-Term Borrowings
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Trade Payables
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Other Current Liabilities
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Short-Term Provisions
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Total Equity & Liabilities
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Non-Current Assets
Non-Current Assets
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Tangible Assets
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Intangible Assets
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Capital WIP
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Intangibles Under Dev
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Investments
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Deferred Tax Assets
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LT Loans & Advances
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Other Non-Current Assets
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Current Assets
Current Assets
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Current Investments
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Inventories
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Trade Receivables
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Cash & Bank Balance
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ST Loans & Advances
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Other Current Assets
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Total Assets
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Metrics
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Cash from Operating Activities (CFO)
Profit Before Tax
*****
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Non-Cash Adjustments
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+ Interest Expense
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+ Depreciation
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+/- Unrealized Forex
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- Dividend Income
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- Interest Income
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+/- Other Non-Cash Items
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Changes in Working Capital
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+/- Inventory
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+/- Debtors
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+/- Creditors
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Reconciliation Adjustments
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Cash Generated from Operations
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Income Taxes Paid
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Net CFO (Cash from Operations)
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Cash from Investing Activities (CFI)
Acquisitions & Disposals
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Disposal of Subsidiaries
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Acquisition of Subsidiaries
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Capex
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Purchase of Fixed Assets
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Sale of Fixed Assets
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Other Investing Cash Flows
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Net CFI (Cash from Investing)
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Cash from Financing Activities (CFF)
Equity Issuance
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Debt Raised
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Debt Repaid
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Dividends Paid
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Interest Paid
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Net CFF (Cash from Financing)
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Net Cash Position
Net Change in Cash (Pre-Forex)
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Closing Cash & Equivalents
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Metrics
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Liquidity
Current Ratio
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Quick Ratio
*****
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Cash Ratio
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Efficiency
Inventory Days
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Debtor Days
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Creditor Days
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Cash Conversion Cycle
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Asset Turnover
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Profitability
Net Profit Margin %
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Operating Margin %
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ROE %
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ROCE %
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Net Worth Margin %
*****
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Growth
Revenue Growth %
*****
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Leverage
Equity Multiplier
*****
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Debt / EBITDA
*****
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Solvency
D/E Ratio
*****
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ICR
*****
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Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF

Shareholding Pattern of Bhartiya Micro Credit

As of FY 2018, Bhartiya Micro Credit's shareholding pattern shows 71.33% by promoters, 28.67% by public shareholders. The promoters hold a majority stake, indicating strong promoter control.

2025
YEAR
38.19% Promoters
25.22% DII (Domestic Institutional)
10.28% FII (Foreign Institutional)
25.89% Public
2.42% Others
Shareholding Trend
Year 2025
Promoters 33.19%
DII 23.22%
FII 18.28%
Public 22.89%
Others 2.42%

Charges & Borrowings of Bhartiya Micro Credit

Open charges
₹426.43 Cr
Satisfied charges
₹81.34 Cr
Breakdown by lending institutions
Others₹248.50 Cr
Yes Bank Limited₹65.00 Cr
Uco Bank₹28.21 Cr
Vijaya Bank₹18.00 Cr
Indian Bank₹18.00 Cr
Others₹48.72 Cr
Latest charge details
DateLenderAmountStatus
05 Jun 2019 Others ₹3 Cr Open
08 Mar 2019 Others ₹3 Cr Open
06 Feb 2019 Others ₹5 Cr Open
29 Nov 2018 Others ₹8 Cr Open
10 Oct 2018 Others ₹10 Cr Open

Total charge records: 130 View all charges

Employees and EPFO Compliance at Bhartiya Micro Credit

Bhartiya Micro Credit has a workforce of 67 employees as of Mar 29, 2024.

Employee count
67
Active EPFO establishments
1
Employee growth
-22.99%
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Bhartiya Micro Credit

Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.

Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Bhartiya Micro Credit

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Bhartiya Micro Credit

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Bhartiya Micro Credit

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Bhartiya Micro Credit

Access complete credit rating history, litigation records, regulatory alerts, and compliance data.

Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Bhartiya Micro Credit

MSME Payment Delays by Bhartiya Micro Credit

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Bhartiya Micro Credit

Subsidiaries & Group Companies of Bhartiya Micro Credit

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Bhartiya Micro Credit with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Bhartiya Micro Credit

MCA Filings & Documents of Bhartiya Micro Credit

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Bhartiya Micro Credit

Directors
29 Aug 2024
Rakesh Kumar Jindal was appointed as a IRP/RP/Liquidator on 29 Aug 2024 & has been associated with this company since 1 year 10 months.
Charges
16 Dec 2022
A charge with Others of Rs. 10.00 Cr registered on 26 Sep 2018 with Charge ID 100214271 was modified on 16 Dec 2022.
Charges
05 Jun 2019
A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100271280 was registered on 05 Jun 2019.
Charges
08 Mar 2019
A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100250105 was registered on 08 Mar 2019.
Charges
06 Feb 2019
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100239729 was registered on 06 Feb 2019.
Charges
29 Nov 2018
A charge with Others amounted to Rs. 8.00 Cr with Charge ID 100224187 was registered on 29 Nov 2018.

Frequently Asked Questions about Bhartiya Micro Credit

Bhartiya Micro Credit is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.

Bhartiya Micro Credit is a company under insolvency, formerly operating as a private not for profit company in the financial services sector based in Lucknow, Uttar Pradesh, India. It was incorporated on 17 January 2008 and is registered under CIN U65992UP2008NPL034486. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Bhartiya Micro Credit reported revenue of ₹45.05 Cr for FY 2018 (up 45.00% YoY).

The current directors of Bhartiya Micro Credit are:

The CIN (Corporate Identification Number) of Bhartiya Micro Credit is U65992UP2008NPL034486. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Bhartiya Micro Credit has open charges of ₹426.43 Cr and satisfied charges of ₹81.34 Cr as per latest MCA filings.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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