Commonwealth Inclusive Growth Services Limited. logo

Commonwealth Inclusive Growth Services Limited.

Financial services company using technology to bank the unbanked and underbanked segments of society.

2008 Chennai, Tamil Nadu (India) Active

About

Basic Data Updated:

11 days ago

Commonwealth Inclusive Growth Services Limited, previously known as Commonwealth Micro Finance (India) Ltd, has been dedicated to providing inclusive financial services through the use of information technology. The company, a strategic partner of Commonwealth Business Council (CBC), was founded with the goal of reaching the unbanked and underbanked populations in India. Through its partnership with ICICI Bank Ltd, CIGSL serves as a technology service provider. In addition, the company has established MoUs with Altimetrik India Private Ltd and CMC Ltd. Since its inception in 2008, the company has been headquartered in Chennai, Tamil Nadu.

Industry

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Website
    1222442
  • Telephone
    1222442
  • Email Address
    1222442
CIN/LLPIN/FCRNU65920TN2008PLC066120
Company No.066120
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date21 Jan 2008
Date of AGM29 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Chennai

Financials of Commonwealth Inclusive Growth Services Limited.

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Commonwealth Inclusive Growth Services Limited., for the financial year ended 2023, experienced Minor drop in revenue, with a 9.16% decrease. The company also saw a substantial fall in profitability, with a 29.67% decrease in profit. The company's net worth Soared by an impressive increase of 18.28%.

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Corporate Structure

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People in Commonwealth Inclusive Growth Services Limited.

Executive Team (3)

  • MR

    Mahesh Ramachandran In Managing Director

    Appointment Date: 21-Jan-2008

    Status: Current

  • VN

    Vasudevan Nagarajan In Company Secretary

    Status: Current

  • KS

    Kondath Sasikumar CFO

    Status: Current

Board Members(6)

Charges (Loans)

Satisfied Charges

₹1.50 cr

LenderAmountStatus

Hdfc Bank Limited

Creation Date: 27 Apr 2017
₹1.50 CrSatisfied

Deals i

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Rating

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Alert

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Related Corporates (Common Directorship)

Recent activity within the organization

  • Activity

    Annual General Meeting

    Commonwealth Inclusive Growth Services Limited. last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023
  • Activity

    Balance Sheet

    Commonwealth Inclusive Growth Services Limited. has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023
  • Activity

    Charges

    A charge registered on 27 Apr 2017 via Charge ID 100099009 with Hdfc Bank Limited was fully satisfied on 31 Oct 2022.

    31 Oct 2022
  • Activity

    Director Appointment

    Sattanathapuram Krishnamurthy Venkataraman was appointed as a Director was appointed as a Director on 30 Sep 2022 & has been associated with this company since 1 year 7 months .

    30 Sep 2022
  • Activity

    Director Appointment

    Ramamurthy Suresh was appointed as a Director was appointed as a Director on 27 May 2020 & has been associated with this company since 3 years 11 months .

    27 May 2020

Frequently asked questions

What is the Incorporation or founding date of Commonwealth Inclusive Growth Services Limited.?

Commonwealth Inclusive Growth Services Limited. was incorporated 16 years 3 months ago on 21 Jan 2008 with Registrar of Companies Roc Chennai.

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