Indian Association For Savings And Credit - Company Profile

It is a financial services public not for profit company based in Thane, Maharashtra, India, established in 1998.
1998 Thane, Maharashtra, India Active
Last Updated:
Access Report
About Indian Association For Savings And Credit

Indian Association For Savings And Credit, a active public not for profit company, was established on 13 February 1998 in Thane, Maharashtra, India. Engaging in diversified financial services within the financial services sector, it holds CIN: U91110MH1998NPL113558. Registered under ROC Roc Mumbai Ii. it is unlisted. It has an authorized capital of ₹3.00 Cr and a paid-up capital of ₹6.00 M.

It upholds a compliant status. Employing 1 professional, Its leadership includes Meenakshi Ganesh Rao (Director), Ganesh Ramanand Rao (Director), Vadakandarai Krishnamurthy Mohan (Director). Past directors included Ramachandra Venkatasubba Rao, Janyayula Venkta Premnath, Jasbinder Singh Toor. It holds no open charges and ₹67.00 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 7Th Floor, No. 707/708, Cyber One, Plot No. 4 & 6, Sector No.30A, Vashi, Na, Vi Mumbai, Thane, Maharashtra, 400703.

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

    +91-XXXXXXXXXX

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

Company Details

  • CIN/LLPIN

    U91110MH1998NPL113558

  • Registration Number

    113558

  • Incorporation Date

    13 February 1998

  • Authorized Capital

    ₹3.00 Cr

  • Paid-Up Capital

    ₹6.00 M

  • ROC Code

    Roc Mumbai Ii

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 6.00 M
  • Company Age 28 Year, 23 Days
  • Last Filing with ROC 31 Mar 2025
  • Satisfied Charges ₹ 67.00 Cr
  • Revenue Growth **** 35.06%
  • Profit Growth **** 169.81%
  • Ebitda **** 148.40%
  • Net Worth 23.36%
  • Total Assets **** 20.79%
Company report

Indian Association For Savings And Credit

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Indian Association For Savings And Credit — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report
Who are the key members and board of directors at Indian Association For Savings And Credit?
Current Directors
Name Designation Appointment Date Status
Meenakshi Ganesh Rao Director 02 Jul 2015 Current
Ganesh Ramanand Rao Director 02 Jul 2015 Current
Vadakandarai Krishnamurthy Mohan Director 03 Oct 2014 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 13 Mar 2007 Past
Pramod Abcsdd Director 26 Sep 2014 Past
Pramod Abcsdd Director 18 Oct 2016 Past
Pramod Abcsdd Director 26 Sep 2012 Past
Pramod Abcsdd Additional Director 25 Sep 2015 Past
Pramod Abcsdd Director 26 Sep 2012 Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Indian Association For Savings And Credit.

Indian Association For Savings And Credit, for the financial year ended 2022, experienced significant growth in revenue, with a 35.06% increase. The company also saw a substantial improvement in profitability, with a 169.81% increase in profit. The company's net worth Soared by an impressive increase of 23.36%.

Indian Association For Savings And Credit revenue growth over time
Indian Association For Savings And Credit 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
********
 35.06%
*******
*******
*******
*******
Revenue from Operations
*******
 24.37%
*******
*******
*******
*******
Total Assets
*******
 20.79%
*******
*******
*******
*******
Profit or Loss
*******
 169.81%
*******
*******
*******
*******
Net Worth
*******
 23.36%
*******
*******
*******
*******
EBITDA
*******
 148.40%
*******
*******
*******
*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Indian Association For Savings And Credit?

In 2020, Indian Association For Savings And Credit had a public 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)
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

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹670,000,000.00

Charges Breakdown by Lending Institutions
  • Gruh Finance Limited : 15.00 Cr
  • State Bank Of Travancore : 10.00 Cr
  • Hdfc Bank Limited : 8.00 Cr
  • Hdfc Bank Ltd. : 5.50 Cr
  • Central Bank Of India Limited : 5.00 Cr
  • Others : 23.50 Cr
Latest Charge Details
Date Lender Amount Status
22 Jun 2011 Gruh Finance Limited ₹10.00 Cr Satisfied
05 Mar 2010 Hdfc Bank Limited ₹1.50 Cr Satisfied
04 Mar 2010 Central Bank Of India Limited ₹5.00 Cr Satisfied
04 Mar 2010 Idbi Bank Limited ₹5.00 Cr Satisfied
14 Dec 2009 State Bank Of Travancore ₹5.00 Cr Satisfied

Explore comprehensive loan charge details -

How Many Employees Work at Indian Association For Savings And Credit?

Indian Association For Savings And Credit has a workforce of 1 employees as of Apr 08, 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 Indian Association For Savings And Credit, 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 Indian Association For Savings And Credit'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.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Indian Association For Savings And Credit
Recent Activity within the Organization
  • Annual General Meeting

    Indian Association For Savings And Credit last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Indian Association For Savings And Credit has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii. was documented.

  • Director Appointment

    Progress on Meenakshi Ganesh Rao was appointed as a Director was appointed as a Director on 02 Jul 2015 & has been associated with this company since 10 years 8 months . was documented.

  • Director Appointment

    Ganesh Ramanand Rao was appointed as a Director was appointed as a Director on 02 Jul 2015 & has been associated with this company since 10 years 8 months . was recorded as a recent event.

  • Director Appointment

    Vadakandarai Krishnamurthy Mohan was appointed as a Director was appointed as a Director on 03 Oct 2014 & has been associated with this company since 11 years 5 months . was recorded as a recent event.

  • Charges

    A charge registered on 24 Jun 2004 via Charge ID 90145247 with Can Fin Homes Ltd was fully satisfied on 18 Sep 2014. was recorded as a recent event.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Indian Association For Savings And Credit?

The CIN of Indian Association For Savings And Credit is U91110MH1998NPL113558.

Where is Indian Association For Savings And Credit headquartered?

Indian Association For Savings And Credit is headquartered at 7Th Floor, No. 707/708, Cyber One, Plot No. 4 & 6, Sector No.30A, Vashi, Na, Vi Mumbai, Thane, Maharashtra, 400703.

When was Indian Association For Savings And Credit incorporated?

Indian Association For Savings And Credit was incorporated on 13 February 1998.

Who are the current directors of Indian Association For Savings And Credit?

The current directors of Indian Association For Savings And Credit are

What is the primary industry of Indian Association For Savings And Credit?

The primary industry of Indian Association For Savings And Credit is Financial Services.

Is Indian Association For Savings And Credit a listed company?

Indian Association For Savings And Credit is unlisted.

What is the capital structure of Indian Association For Savings And Credit?

The authorized capital of Indian Association For Savings And Credit is ₹3.00 Cr, and the paid-up capital is ₹6.00 M.

What is the compliance status of Indian Association For Savings And Credit?

The compliance status of Indian Association For Savings And Credit is Compliant.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available