Equitas Micro Finance Limited - Company Profile

Q: Who are the current directors of Equitas Micro Finance Limited?

The current directors of Equitas Micro Finance Limited are Sundaram Ramakrishnan, Harathy Kasthury Narasimma Raghavan, Arun Ramanathan, Yogesh Nanda Chand, Sampathkumar K Ragunathan, Arun Kumar Verma, Narasimhan Srinivasan, Chitra Chandramouliswaran, Sampath Bahukudumbi Pillapakkam, Sridharan N.

It is a financial services public limited company based in Chennai, Tamil Nadu, India, established in 1994.

1994 Chennai, Tamil Nadu, India Amalgamated

Last Updated: July 22, 2025

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About Equitas Micro Finance Limited

Equitas Micro Finance Limited, a amalgamated public limited company, was established on 07 July 1994 in Chennai, Tamil Nadu, India. Engaging in nbfc within the financial services sector, it holds CIN: U65993TN1994PLC028002. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹320.00 Cr and a paid-up capital of ₹299.45 Cr.

Formerly known as Equitas Micro Finance Private Limited. Its leadership includes Sundaram Ramakrishnan (Nominee Director), Harathy Kasthury Narasimma Raghavan (Ceo), Arun Ramanathan (Director). Past directors included Bhaskar Srinivasan, Arun Ramanathan, Janakiraman Mandalapu. It holds no open charges and ₹5,410.80 Cr settled loans. Its latest AGM occurred on 21 June 2016, with the balance sheet filed on 31 March 2016. It is based at 4Th Floor, Phase Ii, Spencer Plaza No.769,Mount Road, Anna Salai, Chennai, Tamil Nadu, 600002.

Company Details

CIN/LLPIN
U65993TN1994PLC028002
Registration Number
028002
Incorporation Date
07 July 1994
Authorized Capital
₹320.00 Cr
Paid-Up Capital
₹299.45 Cr
ROC Code
Roc Chennai
Listing Status
Unlisted
Company Status
Amalgamated

Key Metrics

Authorised Capital ₹ 320.00 Cr as on 22-07-2025
Paid Up Capital ₹ 299.45 Cr as on 22-07-2025
Company Age 31 Year, 7 Months
Last Filing with ROC 31 Mar 2016
Satisfied Charges ₹ 5,410.80 Cr as on 22-07-2025
Revenue Growth **** 38.46% (FY 2016)
Profit Growth **** 17.22% (FY 2016)
Ebitda **** 33.74% (FY 2016)
Net Worth 21.15% (FY 2016)
Total Assets **** 61.07% (FY 2016)

Comprehensive Company Insights

Explore comprehensive insights into Equitas Micro Finance Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Equitas Micro Finance Limited?

Current Directors

Name	Designation	Appointment Date	Status
Sundaram Ramakrishnan	Nominee Director	05 Nov 2015	Current
Harathy Kasthury Narasimma Raghavan	Ceo	04 Feb 2015	Current
Arun Ramanathan	Director	17 Feb 2012	Current
Yogesh Nanda Chand	Director	17 Feb 2012	Current
Arun Kumar Verma	Director	08 May 2012	Current
Narasimhan Srinivasan	Director	17 Feb 2012	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	15 Mar 2012	Past
Pramod Abcsdd	Additional Director	11 Jun 2012	Past
Pramod Abcsdd	Nominee Director	13 May 2016	Past
Pramod Abcsdd	Additional Director	15 Mar 2012	Past
Pramod Abcsdd	Additional Director	11 Jun 2012	Past
Pramod Abcsdd	Nominee Director	05 Nov 2015	Past

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Financial Performance of Equitas Micro Finance.

Equitas Micro Finance Limited, for the financial year ended 2016, experienced significant growth in revenue, with a 38.46% increase. The company also saw a substantial improvement in profitability, with a 17.22% increase in profit. The company's net worth Soared by an impressive increase of 21.15%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

38.46%

*******

Revenue from Operations

*******

38.57%

*******

Total Assets

*******

61.07%

*******

Profit or Loss

*******

17.22%

*******

Net Worth

*******

21.15%

*******

EBITDA

*******

33.74%

*******

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What is the Ownership and Shareholding Structure of Equitas Micro Finance?

In 2016, Equitas Micro Finance had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹54,108,000,000.00

Charges Breakdown by Lending Institutions

Idbi Bank Limited : 700.00 Cr
Axis Bank Limited : 640.00 Cr
Standard Chartered Bank : 534.30 Cr
Small Industries Development Bank Of India : 367.00 Cr
Others : 360.00 Cr
Others : 2809.50 Cr

Latest Charge Details

Date	Lender	Amount	Status
01 Sep 2016	Others	₹60.00 Cr	Satisfied
31 Aug 2016	Standard Chartered Bank	₹202.80 Cr	Satisfied
18 Aug 2016	Tata Capital Financial Services Limited	₹50.00 Cr	Satisfied
10 Aug 2016	Others	₹100.00 Cr	Satisfied
28 Jul 2016	Axis Bank Limited	₹250.00 Cr	Satisfied

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How Many Employees Work at Equitas Micro Finance?

Equitas Micro Finance has a workforce of 0 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Equitas Micro Finance, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Equitas Micro Finance's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Equitas Micro Finance

Recent Activity within the Organization

Charges

A charge registered on 22 Nov 2014 via Charge ID 10535679 with The South Indian Bank Limited was fully satisfied on 28 Dec 2016. was recorded as a recent event.
28 Dec 2016
Charges

Progress on A charge registered on 31 Aug 2016 via Charge ID 100047123 with Standard Chartered Bank was fully satisfied on 15 Dec 2016. was documented.
15 Dec 2016
Charges

Progress on A charge registered on 22 Mar 2016 via Charge ID 100016655 with Standard Chartered Bank was fully satisfied on 17 Nov 2016. was documented.
17 Nov 2016
Charges

The activity A charge registered on 09 Oct 2014 via Charge ID 10526592 with Idfc Bank Limited was fully satisfied on 15 Nov 2016. was completed.
15 Nov 2016
Charges

The activity A charge registered on 24 Nov 2014 via Charge ID 10532289 with Standard Chartered Bank was fully satisfied on 14 Nov 2016. was completed.
14 Nov 2016
Charges

A charge registered on 29 May 2015 via Charge ID 10575073 with State Bank Of Travancore was fully satisfied on 04 Nov 2016. was recorded as a recent event.
04 Nov 2016

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