
Faveo Microfinance Federation
About Faveo Microfinance Federation
Data last updated:
Faveo Microfinance Federation is a private not for profit company based in Jaipur, Rajasthan, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 19 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U65929RJ2016NPL055529.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Devendra Kumar Dangi and Devendra Kumar Sharma.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Jaipur, Rajasthan.
As per the financials filed for FY 2025, the company reported a revenue of ₹86.28 Lakh, a growth of 121% compared to the previous year. For the same year it recorded a net profit of ₹3.1 Lakh (net margin 3.6%) and EBITDA of ₹22.55 Lakh (EBITDA margin 26.1%). Revenue has grown at a compounded annual rate (CAGR) of 98% over three years and 21% over five years.
As per MCA filings, the company has open charges of ₹15.12 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Faveo Microfinance Federation's registered office is in Jaipur, Rajasthan. Its e-mail address is in the company report.
- Email
- Registered AddressPremises No. 7 First Floor, Katewa Bhawan M.I.Road, Jaipur, Rajasthan, India – 302001
- IndustryFinancial Services, Other Financial Intermediation, Credit Allocation Agencies, Pawn Shops
To see the full contact details of Faveo Microfinance Federation, 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
Business activity
The main business activity of Faveo Microfinance Federation is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Faveo Microfinance Federation, buy the company report.
Financials of Faveo Microfinance Federation
FY 2025 filings availableFaveo Microfinance Federation reported revenue of ₹86.28 Lakh (up 121% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 121% growth in the latest year. EBITDA rose 54% in the latest year. 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹22.55 Lakh | ||||
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| Net Profit (PAT) | ₹3.1 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 26.1% | ||||
| Net Profit Margin | 3.6% | ||||
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To see the full financial statements and ratios of Faveo Microfinance Federation, buy the company report.
Board of directors of Faveo Microfinance Federation
Faveo Microfinance Federation has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devendra Kumar Dangi Also directs: Key Reinforce Private Limited | Director | 16 May 2023 | 3 Years 5 Months | Current |
| Devendra Kumar Sharma | Director | 19 Jul 2016 | 10 Years 3 Months | Current |
Peer comparison
Faveo Microfinance Federation is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Purvi Credit and Holdings Private Limited | ₹86.37 Lakh (FY 2024) | -21.0% | New Delhi, Delhi, India | |||
| Ksebrs Services Private Limited | ₹86.37 Lakh (FY 2024) | 926.0% | Nellayi P O, Kerala, India | |||
| Essorpe Holdings Private Limited | ₹86.37 Lakh (FY 2025) | -21.0% | Coimbatore, Tamil Nadu, India | |||
| Just Travels and Forex Private Limited | ₹86.36 Lakh (FY 2025) | 30.0% | Bardez, Goa, India | |||
| Lustre Kuries Private Limited | ₹86.36 Lakh (FY 2024) | -28.0% | Mukundapuram, Kerala, India | |||
| Faveo Microfinance Federationthis company | ₹86.28 Lakh (FY 2025) | ₹3.1 Lakh | 3.6% | 121.0% | Jaipur, Rajasthan, India | |
| God Gift Finvest and Leasing Private Limited | ₹86.27 Lakh (FY 2025) | 0.0% | Udapur, Rajasthan, India | |||
| Scintilla Commercial & Credit Ltd | ₹86.27 Lakh (FY 2019) | 42.0% | Kolkata, West Bengal, India | |||
| United Kuries Pvt Ltd | ₹86.27 Lakh (FY 2025) | 5.0% | Trissur, Kerala, India | |||
| Buyex Fintech Solutions Private Limited | ₹86.25 Lakh (FY 2025) | 46.0% | Ernakulam, Kerala, India | |||
| Aura Finance & Holdings Private Limited | ₹86.13 Lakh (FY 2025) | 38.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Faveo Microfinance Federation, buy the company report.
Shareholding
The shareholding of Faveo Microfinance Federation is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Faveo Microfinance Federation, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Oct 2020 | 100400275 | Hdfc Bank Limited | ₹15.12 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Faveo Microfinance Federation are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Faveo Microfinance Federation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Faveo Microfinance Federation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Faveo Microfinance Federation has 9 board changes on record since 2016: 2 appointments and 7 cessations. The latest: Devendra Kumar Dangi ceased to be Additional Director on 29 Sep 2024.
1 earlier event is in the company report.
Frequently asked questions
Faveo Microfinance Federation is an active private not for profit company based in Jaipur, Rajasthan, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 19 July 2016 (10+ years old) and is registered under CIN U65929RJ2016NPL055529.
Faveo Microfinance Federation has 2 current directors:
- Devendra Kumar Dangi - Director
- Devendra Kumar Sharma - Director
The latest financial statements of Faveo Microfinance Federation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
The CIN (Corporate Identification Number) of Faveo Microfinance Federation is U65929RJ2016NPL055529. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Faveo Microfinance Federation was incorporated on 19 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Faveo Microfinance Federation by revenue are Purvi Credit and Holdings Private Limited, Ksebrs Services Private Limited, Essorpe Holdings Private Limited, Just Travels and Forex Private Limited, Lustre Kuries Private Limited and 5 more, all in the same principal business activity (other financial activities).
Devendra Kumar Dangi ceased to be Additional Director on 29 Sep 2024. Chandra Shekhar Sharma ceased to be Additional Director on 29 May 2023. Mohan Singh Karnawat ceased to be Additional Director on 29 May 2023. Faveo Microfinance Federation has 9 board changes on record in total.
The registered office of Faveo Microfinance Federation is at Premises No. 7 First Floor, Katewa Bhawan M.I.Road, Jaipur, Rajasthan, India – 302001.
Faveo Microfinance Federation operates in the financial services industry, in the other financial intermediation segment.
Faveo Microfinance Federation has open charges of ₹15.12 Lakh and no satisfied charges on record as per latest MCA filings.
The compliance status of Faveo Microfinance Federation is compliant as of 20 August 2026. The company is actively filing with the Registrar of Companies.