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.
U65993TN1994PLC028002
028002
07 July 1994
₹320.00 Cr
₹299.45 Cr
Roc Chennai
Unlisted
Amalgamated
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| 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 |
| 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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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%.
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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.
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₹0
₹54,108,000,000.00
| 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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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.
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The activity 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 completed.
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.
The activity A charge registered on 22 Mar 2016 via Charge ID 100016655 with Standard Chartered Bank was fully satisfied on 17 Nov 2016. was completed.
A charge registered on 09 Oct 2014 via Charge ID 10526592 with Idfc Bank Limited was fully satisfied on 15 Nov 2016. was recorded as a recent event.
Progress on A charge registered on 24 Nov 2014 via Charge ID 10532289 with Standard Chartered Bank was fully satisfied on 14 Nov 2016. was documented.
The activity A charge registered on 29 May 2015 via Charge ID 10575073 with State Bank Of Travancore was fully satisfied on 04 Nov 2016. was completed.
Analysts expect the credit growth to sustain going forward, considering the customer base of the Equitas SFB driven by non-microfinance segments such as small business loans and vehicle finance.
In a filing to the BSE, Equitas Holding said it is considering a plan, where Equitas SFB could capitalize its free reserves and issue the company's shares to shareholders of Equitas Holdings without cash consideration, in proportion to their holding in the parent firm. .
The CIN of Equitas Micro Finance Limited is U65993TN1994PLC028002.
Equitas Micro Finance Limited is headquartered at 4Th Floor, Phase Ii, Spencer Plaza No.769,Mount Road, Anna Salai, Chennai, Tamil Nadu, 600002.
Equitas Micro Finance Limited was incorporated on 07 July 1994.
The current directors of Equitas Micro Finance Limited are
The primary industry of Equitas Micro Finance Limited is Financial Services.
Equitas Micro Finance Limited is unlisted.
The authorized capital of Equitas Micro Finance Limited is ₹320.00 Cr, and the paid-up capital is ₹299.45 Cr.
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