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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:

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. 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 05 August 2024, with the balance sheet filed on 31 March 2024. 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

  • 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

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 6.00 M
  • Company Age 27 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • 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

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.

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Who are the key members and board of directors at Indian Association For Savings And Credit?

Current Directors

NameDesignationAppointment DateStatus
Meenakshi Ganesh RaoDirector02 Jul 2015Current
Ganesh Ramanand RaoDirector02 Jul 2015Current
Vadakandarai Krishnamurthy MohanDirector03 Oct 2014Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector13 Mar 2007Past
Pramod AbcsddDirector26 Sep 2014Past
Pramod AbcsddDirector18 Oct 2016Past
Pramod AbcsddDirector26 Sep 2012Past
Pramod AbcsddAdditional Director25 Sep 2015Past
Pramod AbcsddDirector26 Sep 2012Past

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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
  • 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%

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 Indicator graph

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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
  • Idbi Bank Limited : 5.00 Cr
  • Others : 23.50 Cr

Latest Charge Details

DateLenderAmountStatus
22 Jun 2011Gruh Finance Limited₹10.00 CrSatisfied
05 Mar 2010Hdfc Bank Limited₹1.50 CrSatisfied
04 Mar 2010Idbi Bank Limited₹5.00 CrSatisfied
04 Mar 2010Central Bank Of India Limited₹5.00 CrSatisfied
14 Dec 2009State Bank Of Travancore₹5.00 CrSatisfied

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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 growth trends for Indian Association For Savings And Credit

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

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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.

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 05 Aug 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Indian Association For Savings And Credit has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was recorded as a recent event.

  • 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 5 months . was documented.

  • Director Appointment

    The activity 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 5 months . was completed.

  • Director Appointment

    The activity 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 2 months . was completed.

  • Charges

    Progress on A charge registered on 24 Jun 2004 via Charge ID 90145247 with Can Fin Homes Ltd was fully satisfied on 18 Sep 2014. was documented.

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.

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