About Centrum Microcredit Limited
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Centrum Microcredit Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Centrum Capital Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 31 August 2016.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U67100MH2016PLC285378. The company has 10 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹90.01 Cr and a paid-up capital of ₹83.21 Cr. It was formerly known as Nobita Trading Private Limited. It was led by directors including Deepa Fali Poncha and Rishad Khushrooh Byramjee.
Its last annual general meeting (AGM) was held on 11 August 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Level – 9 Unit 801 Centrum House Vidyanagari Marg Kalina Santacruz East, Mumbai, Maharashtra, India – 400098.
As per the financials filed for FY 2022, the company reported a revenue of ₹5.92 Cr. For the same year it recorded a net loss of ₹32.37 Lakh (net margin -5.5%) and EBITDA of ₹5.76 Cr (EBITDA margin 97.3%). Revenue has declined at a compounded annual rate (CAGR) of 48% over three years.
The company had about 573 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Centrum Microcredit. As per MCA filings, the company had satisfied charges of ₹1,222.75 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company. The company has 18 deals on record (5 convertible or debt financings, 4 rights issues, 4 debt financings), with disclosed funding of ₹178.64 Cr; the latest was in August 2021. Its 8 peer companies in the BFSI industry (Large NBFC, Micro Finance Institutions, Systemically Important Non Deposit NBFC), with the same principal business activity (other financial activities) are compared by revenue, 4 larger and 4 smaller; the largest is K.G. Finvest Private Limited with revenue of ₹6.13 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 1 overdue payment to 1 micro and small supplier.
The last known website on record is centrummicrocredit.com.
Company details
Name history
Centrum Microcredit has undergone 3 name changes throughout its history. The company was previously known as Nobita Trading Private Limited, Centrum Microcredit Limited, and Centrum Microcredit Private Limited. The current legal name is Centrum Microcredit Limited.
| Company Name | Status |
|---|---|
| Centrum Microcredit Limited | Current |
| Nobita Trading Private Limited | Previous |
| Centrum Microcredit Private Limited | Previous |
CIN history
Centrum Microcredit has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U67100MH2016PLC285378, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67100MH2016PLC285378 | Current |
| U67100MH2016PTC285378 | Previous |
| U74999MH2016PTC285378 | Previous |
Contact details
Centrum Microcredit Limited's registered office is in Mumbai, Maharashtra. Its website is centrummicrocredit.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressLevel – 9 Unit 801 Centrum House Vidyanagari Marg Kalina Santacruz East, Mumbai, Maharashtra, India – 400098
- IndustryFinancial Services, NBFC, Microfinance Institutions
To see the full contact details of Centrum Microcredit Limited, buy the company report.
- 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
Brands
Centrum Microcredit operates one associated brand: Centrum Microcredit. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides micro-credit services to low-income individuals and businesses. | centrummicrocredit.com |
Financials of Centrum Microcredit Limited
FY 2022 filings availableCentrum Microcredit Limited reported revenue of ₹5.92 Cr for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 48% over three years. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹5.92 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5.76 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹32.37 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 97.3% | ||||
| Net Profit Margin | -5.5% | ||||
| 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 Centrum Microcredit Limited, buy the company report.
Board of directors of Centrum Microcredit Limited
Centrum Microcredit has 3 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepa Fali Poncha | Director | 05 Nov 2020 | 6 Years 0 Months | As last reported |
| Rishad Khushrooh Byramjee Also directs: Interpolar Logistics LLP, Centrum Capital Limited, Lion Estates Private Limited and 5 more | Director | 22 Mar 2017 | 9 Years 7 Months | As last reported |
| Ranjan Ghosh | Director | 22 Mar 2017 | 9 Years 7 Months | As last reported |
Peer comparison
Centrum Microcredit Limited is compared with the 8 companies closest to it by revenue in the BFSI industry (Large NBFC, Micro Finance Institutions, Systemically Important Non Deposit NBFC), 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 |
|---|---|---|---|---|---|---|
| K.G. Finvest Private Limited | ₹6.13 Cr (FY 2025) | 8507.0% | Delhi, India | |||
| SRF Transnational Holdings Limited | ₹5.99 Cr (FY 2019) | -54.0% | New Delhi, Delhi, India | |||
| Vruksha Microfin Private Limited | ₹5.98 Cr (FY 2023) | 206.0% | Srirangam, Tamil Nadu, India | |||
| Artline Commerce Pvt Ltd | ₹5.94 Cr (FY 2024) | 1372.0% | Topsia, West Bengal, India | |||
| Centrum Microcredit Limitedthis company | ₹5.92 Cr (FY 2022) | -₹32.37 Lakh | -5.5% | 573 | Mumbai, Maharashtra, India | |
| Kifs Financial Services Limited | ₹5.9 Cr (FY 2019) | -3.0% | Ahmedabad, Gujarat, India | |||
| Yatish Trading Company Pvt Ltd | ₹5.87 Cr (FY 2025) | 3.0% | Mumbai, Maharashtra, India | |||
| Hexa Securities and Finance Company Limited | ₹5.68 Cr (FY 2025) | -94.0% | Mathura, Uttar Pradesh, India | |||
| Madura Micro Finance Limited | ₹5.68 Cr (FY 2022) | 142.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Centrum Microcredit Limited, buy the company report.
Auditor
Centrum Microcredit Limited is audited by A.T.Jain & Co for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A.T.Jain & Co | FY 2022 | 103886W |
Shareholding
The shareholding of Centrum Microcredit Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Centrum Microcredit Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Oct 2021 | 100502207 | Others | ₹20 Cr | Satisfied | |
| 12 Oct 2021 | 100493570 | Hdfc Bank Limited | ₹50 Cr | Satisfied | |
| 30 Sep 2021 | 100483434 | Others | ₹10 Cr | Satisfied | |
| 30 Sep 2021 | 100493411 | Others | ₹5 Cr | Satisfied | |
| 30 Sep 2021 | 100493408 | Others | ₹5 Cr | Satisfied |
To see the full charge records of Centrum Microcredit Limited, buy the company report.
Total charge records: 110 View all charges
Deals & funding
Centrum Microcredit Limited has 18 deals on record (5 convertible or debt financings, 4 rights issues, 4 debt financings), with disclosed funding of ₹178.64 Cr; the latest was in August 2021.
Deals on record (5 of 18)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2021 | Acquisition | Undisclosed | Seller: Centrum Capital Limited |
| Dec 2020 | Debt financing | ₹23 Cr | Investors: PUNJAB NATIONAL BANK, VIVRITI CAPITAL PRIVATE LIMITED, Northern Arc Capital Limited |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Centrum Capital Limited |
| Jan 2020 | Rights issue | ₹2.5 Cr | Investors: Centrum Capital Limited |
| Aug 2019 | Rights issue | ₹5 Cr | Investors: Centrum Capital Limited |
To see the full deal history of Centrum Microcredit Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Centrum Microcredit Limited has 2 court cases on record: 2 filed by Centrum Microcredit. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Centrum Microcredit Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Centrum Microcredit Limited was last rated by Care on 22 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 22 Sep 2021 |
To see the full credit ratings and regulatory alerts of Centrum Microcredit Limited, buy the company report.
MSME payment delays
Centrum Microcredit Limited has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| M/S Wadia Ghandy & Co. |
To see the full MSME payment records of Centrum Microcredit Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Centrum Microcredit Limited has a workforce of 573 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Centrum Microcredit has 10 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Centrum Microcredit Limited, buy the company report.
Recent activity
Centrum Microcredit Limited has 16 board changes on record since 2016: 3 appointments and 13 cessations. The latest: Prashant Subhash Thakker ceased to be Ceo(Kmp) on 31 Jan 2022.
241 earlier events are in the company report.
News
Frequently asked questions
Centrum Microcredit has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Centrum Microcredit was a public limited company based in Mumbai, Maharashtra, India. The company worked in nbfc, within the financial services industry. It was incorporated on 31 August 2016 and is registered under CIN U67100MH2016PLC285378. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Centrum Microcredit was incorporated on 31 August 2016. It is registered with the Registrar of Companies, Mumbai.
Centrum Microcredit had 3 directors:
- Deepa Fali Poncha - Director
- Rishad Khushrooh Byramjee - Director
- Ranjan Ghosh - Director
The CIN (Corporate Identification Number) of Centrum Microcredit is U67100MH2016PLC285378. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Centrum Microcredit is at Level – 9 Unit 801 Centrum House Vidyanagari Marg Kalina Santacruz East, Mumbai, Maharashtra, India – 400098.
Centrum Microcredit can be reached through the website centrummicrocredit.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Centrum Microcredit on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 11 August 2022. Year-wise statements from FY 2017 are in the company report.
No. Centrum Microcredit has 10 GST registrations on record and all of them are cancelled or inactive.
Centrum Microcredit operated in the financial services industry, in the nbfc segment.
Centrum Microcredit has 18 deals on record (5 convertible or debt financings, 4 rights issues, 4 debt financings), with disclosed funding of ₹178.64 Cr; the latest was in August 2021.
The peers of Centrum Microcredit by revenue are K.G. Finvest Private Limited, SRF Transnational Holdings Limited, Vruksha Microfin Private Limited, Artline Commerce Pvt Ltd, Kifs Financial Services Limited and 3 more, all in the BFSI industry (Large NBFC, Micro Finance Institutions, Systemically Important Non Deposit NBFC), with the same principal business activity (other financial activities).
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