Futureage India Micro Credit Services - Company Profile

It is a financial services private not for profit company based in Lucknow, Uttar Pradesh, India, established in 2014.
2014 Lucknow, Uttar Pradesh, India Active
Last Updated:
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About Futureage India Micro Credit Services

Futureage India Micro Credit Services, a active private not for profit company, was established on 09 June 2014 in Lucknow, Uttar Pradesh, India. Engaging in microfinance institutions within the financial and insurance service sector, it holds CIN: U74900UP2014NPL064232. Registered under ROC Roc Kanpur. it is unlisted. It has an authorized capital of ₹2.00 Cr and a paid-up capital of ₹2.00 Cr.

It upholds a compliant status. Employing 12 professional, Its leadership includes Rekha Maurya (Director), Vijay Kumar Maurya (Managing Director), Lalit Krishan Dham (Director). Past directors included Rekha Maurya, Prem Chandra Verma, Vijay Kumar Maurya. It holds ₹10.05 Cr open charges and ₹10.15 Cr settled loans. Its latest AGM occurred on 31 December 2020, with the balance sheet filed on 31 March 2020. It is based at 409, Arsh Vihar Colony, Madiyaon Jankipuram, Lucknow, Uttar Pradesh, 226021.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U74900UP2014NPL064232

  • Registration Number

    064232

  • Incorporation Date

    09 June 2014

  • Authorized Capital

    ₹2.00 Cr

  • Paid-Up Capital

    ₹2.00 Cr

  • ROC Code

    Roc Kanpur

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 11 Year, 8 Months
  • Last Filing with ROC 31 Mar 2020
  • Open Charges ₹ 10.05 Cr
  • Satisfied Charges ₹ 10.15 Cr
  • Revenue Growth **** -6.40%
  • Profit Growth **** -59.65%
  • Ebitda **** -32.00%
  • Net Worth 3.93%
  • Total Assets **** 22.33%
Company report

Futureage India Micro Credit Services

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Futureage India Micro Credit Services — 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 Futureage India Micro Credit Services?
Current Directors
Name Designation Appointment Date Status
Rekha Maurya Director 09 Dec 2016 Current
Vijay Kumar Maurya Managing Director 09 Jun 2014 Current
Lalit Krishan Dham Director 15 Oct 2014 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 29 Sep 2017 Past
Pramod Abcsdd Director 02 Sep 2019 Past
Pramod Abcsdd Director 20 Dec 2014 Past
Pramod Abcsdd Director 29 Oct 2019 Past
Pramod Abcsdd Director 09 Apr 2018 Past
Pramod Abcsdd Whole-Time Director 26 Mar 2019 Past

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Financial Performance of Futureage India Micro Credit Services.

Futureage India Micro Credit Services, for the financial year ended 2020, experienced Minor drop in revenue, with a 6.4% decrease. The company also saw a substantial fall in profitability, with a 59.65% decrease in profit. The company's net worth moved up by a moderate rise of 3.93%.

Futureage India Micro Credit Services revenue growth over time
Futureage India Micro Credit Services profit and loss trends over time
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
  • 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
********
 -6.40%
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*******
*******
*******
Revenue from Operations
*******
 -6.44%
*******
*******
*******
*******
Total Assets
*******
 22.33%
*******
*******
*******
*******
Profit or Loss
*******
 -59.65%
*******
*******
*******
*******
Net Worth
*******
 3.93%
*******
*******
*******
*******
EBITDA
*******
 -32.00%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Futureage India Micro Credit Services?

In 2019, Futureage India Micro Credit Services had a promoter holding of 55.03% and a public holding of 44.97%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • 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

₹100,500,000.00

Satisfied Charges

₹101,500,000.00

Charges Breakdown by Lending Institutions
  • Others : 10.05 Cr
Latest Charge Details
Date Lender Amount Status
12 Nov 2019 Others ₹1.00 Cr Open
23 Aug 2019 Others ₹2.00 M Open
11 Jul 2019 Others ₹3.00 M Open
15 Mar 2019 Others ₹3.00 M Open
21 Jan 2019 Others ₹2.50 M Open

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How Many Employees Work at Futureage India Micro Credit Services?

Futureage India Micro Credit Services has a workforce of 12 employees as of Apr 07, 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
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Futureage India Micro Credit Services, 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 Futureage India Micro Credit Services's trajectory.

Rating
Graph displaying rating trends over time

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
Alert Indicator

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 Futureage India Micro Credit Services
Recent Activity within the Organization
  • Annual General Meeting

    Futureage India Micro Credit Services last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Futureage India Micro Credit Services has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Kanpur. was documented.

  • Charges

    A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100305964 was registered on 12 Nov 2019. was recorded as a recent event.

  • Charges

    The activity A charge with Others amounted to Rs. 0.20 Cr with Charge ID 100291183 was registered on 23 Aug 2019. was completed.

  • Charges

    A charge with Others amounted to Rs. 0.30 Cr with Charge ID 100279343 was registered on 11 Jul 2019. was recorded as a recent event.

  • Charges

    The activity A charge with Others amounted to Rs. 0.30 Cr with Charge ID 100250201 was registered on 15 Mar 2019. was completed.

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Frequently Asked Questions
What is the CIN of Futureage India Micro Credit Services?

The CIN of Futureage India Micro Credit Services is U74900UP2014NPL064232.

Where is Futureage India Micro Credit Services headquartered?

Futureage India Micro Credit Services is headquartered at 409, Arsh Vihar Colony, Madiyaon Jankipuram, Lucknow, Uttar Pradesh, 226021.

When was Futureage India Micro Credit Services incorporated?

Futureage India Micro Credit Services was incorporated on 09 June 2014.

Who are the current directors of Futureage India Micro Credit Services?

The current directors of Futureage India Micro Credit Services are

What is the primary industry of Futureage India Micro Credit Services?

The primary industry of Futureage India Micro Credit Services is Financial And Insurance Service.

Is Futureage India Micro Credit Services a listed company?

Futureage India Micro Credit Services is unlisted.

What is the capital structure of Futureage India Micro Credit Services?

The authorized capital of Futureage India Micro Credit Services is ₹2.00 Cr, and the paid-up capital is ₹2.00 Cr.

What is the compliance status of Futureage India Micro Credit Services?

The compliance status of Futureage India Micro Credit Services is Compliant.

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