About Grameenindia Microfinance Foundation
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Grameenindia Microfinance Foundation is a private not for profit company based in Chandigarh, India. It operates in the financial and credit leasing segment of the financial services sector. It was incorporated on 09 September 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U93090CH2010NPL032450.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹22,000. It is led by directors including Sukhbir Singh Sidhu and Mahinder Singh Sidhu.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at House No. 1126 Sector 8 – C, Chandigarh, India – 160009.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website grameenindia.org.
Company details
Contact details
Grameenindia Microfinance Foundation's registered office is in Chandigarh, Chandigarh. Its website is grameenindia.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressHouse No. 1126 Sector 8 – C, Chandigarh, India – 160009
- IndustryFinancial Services, Financial & Credit Leasing
To see the full contact details of Grameenindia Microfinance Foundation, 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 Grameenindia Microfinance Foundation is financial and insurance service. In detail, this covers financial and credit leasing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K5 | Financial and Credit leasing activities |
To see the full business activity and turnover split of Grameenindia Microfinance Foundation, buy the company report.
Financials of Grameenindia Microfinance Foundation
FY 2020 filings availableGrameenindia Microfinance Foundation reported revenue of ₹81 (down 80% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 78% over five years, including a 80% fall 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Revenue from Operations | ₹81 | ||||
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Financial Ratios
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To see the full financial statements and ratios of Grameenindia Microfinance Foundation, buy the company report.
Board of directors of Grameenindia Microfinance Foundation
Grameenindia Microfinance Foundation has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sukhbir Singh Sidhu Also directs: Daljangeer Builders and Developers LLP, Metrone Translink LLP, Broadview Events India LLP and 3 more | Director | 17 Jan 2012 | 14 Years 9 Months | Current |
| Mahinder Singh Sidhu Also directs: Daljangeer Builders and Developers LLP, Metrone Translink LLP, Daljora Hotels and Resorts Private Limited and 1 more | Director | 17 Jan 2012 | 14 Years 9 Months | Current |
| Japji Kaur Cheema Also directs: Vidyashakti Edusystems Private Limited, Ejap Education Foundation | Director | 09 Sep 2010 | 16 Years 2 Months | Current |
| Ekroop Sidhu Also directs: Vidyashakti Edusystems Private Limited, Ejap Education Foundation | Director | 09 Sep 2010 | 16 Years 2 Months | Current |
Peer comparison
Grameenindia Microfinance Foundation is compared with the 9 companies closest to it by revenue in the same principal business activity (financial and credit leasing activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sanmitra Credits Limited | ₹600 (FY 2019) | -20.0% | Bangalore, Karnataka, India | |||
| Kashish Nidhi Limited | ₹504 (FY 2022) | Sirsi, Karnataka, India | ||||
| Silver Sky Finance Limited | ₹328 (FY 2020) | -96.0% | Chennai, Tamil Nadu, India | |||
| Prakashini & Shyama Microfinance Association | ₹105 (FY 2023) | Agra, Uttar Pradesh, India | ||||
| Jaago Samajik Arthik & Harit Vikas Sangathan | ₹100 (FY 2024) | -100.0% | Lucknow, Uttar Pradesh, India | |||
| Grameenindia Microfinance Foundationthis company | ₹81 (FY 2020) | -80.0% | Chandigarh, India | |||
| Rich Dad Investment Advisors Private Limited | ₹72 (FY 2016) | -66.0% | Mumbai, Maharashtra, India | |||
| M.D.S. Mutual Benefit India Limited | ₹70 (FY 2015) | Fatehpur, Uttar Pradesh, India | ||||
| Urja Capital Private Limited | ₹53 (FY 2022) | 23.0% | New Delhi, Delhi, India | |||
| 3K Trillion Financial Services Private Limited | ₹2 (FY 2025) | Chennai, Tamil Nadu, India |
To see the full peer comparison of Grameenindia Microfinance Foundation, buy the company report.
Shareholding
The shareholding of Grameenindia Microfinance Foundation is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Grameenindia Microfinance Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Grameenindia Microfinance Foundation 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 Grameenindia Microfinance Foundation; 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 Grameenindia Microfinance Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Grameenindia Microfinance Foundation has 6 board changes on record since 2010: 4 appointments and 2 cessations. The latest: Sukhbir Singh Sidhu ceased to be Director on 17 Jun 2020.
Frequently asked questions
Grameenindia Microfinance Foundation is an active private not for profit company based in Chandigarh, India. The company works in financial and credit leasing, within the financial services industry. It was incorporated on 09 September 2010 (16+ years old) and is registered under CIN U93090CH2010NPL032450.
Grameenindia Microfinance Foundation has 4 current directors:
- Sukhbir Singh Sidhu - Director
- Mahinder Singh Sidhu - Director
- Japji Kaur Cheema - Director
- Ekroop Sidhu - Director
The latest financial statements of Grameenindia Microfinance Foundation on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Grameenindia Microfinance Foundation is U93090CH2010NPL032450. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grameenindia Microfinance Foundation was incorporated on 09 September 2010, making it 16+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Grameenindia Microfinance Foundation by revenue are Sanmitra Credits Limited, Kashish Nidhi Limited, Silver Sky Finance Limited, Prakashini & Shyama Microfinance Association, Jaago Samajik Arthik & Harit Vikas Sangathan and 4 more, all in the same principal business activity (financial and credit leasing activities).
Sukhbir Singh Sidhu ceased to be Director on 17 Jun 2020. Mahinder Singh Sidhu ceased to be Director on 15 Jun 2020. Mahinder Singh Sidhu was appointed as Director on 17 Jan 2012. Grameenindia Microfinance Foundation has 6 board changes on record in total.
Grameenindia Microfinance Foundation can be reached through the website grameenindia.org. Its registered office is in Chandigarh, India.
The registered office of Grameenindia Microfinance Foundation is at House No. 1126 Sector 8 – C, Chandigarh, India – 160009.
Grameenindia Microfinance Foundation operates in the financial services industry, in the financial and credit leasing segment.
The compliance status of Grameenindia Microfinance Foundation is compliant as of 19 August 2026. The company is actively filing with the Registrar of Companies.
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