About Innovative Social Impact Foundation
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Innovative Social Impact Foundation is a public not for profit company based in Chennai, Tamil Nadu, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 15 March 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U88900TN2004NPL052754. Its GSTIN is 33AABCI4110P1ZQ (Tamil Nadu). The company holds 4 GST registrations, all of them active.
The company has a paid-up capital of ₹4.28 Cr. It was formerly known as Innovative Microfinance for Poverty Alleviation and Community Transformation. It is led by directors including Aiswarya Rajyalaxmi Rao and Sathiasatchy Suvisedagan Aruliah.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 3/2 Ground Floor Pookar Street, Chennai, Tamil Nadu, India – 600026.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.08 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net loss of ₹61.5 Lakh (net margin -56.9%) and EBITDA of -₹60.55 Lakh (EBITDA margin -56.1%). Revenue has declined at a compounded annual rate (CAGR) of 47% over three years and 36% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1 Cr and satisfied charges of ₹66.39 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website impact-mfi.in.
Company details
CIN history
Innovative Social Impact Foundation has one previous CIN (Corporate Identification Number): U65999TN2004NPL052754. The current CIN is U88900TN2004NPL052754, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U88900TN2004NPL052754 | Current |
| U65999TN2004NPL052754 | Previous |
Contact details
Innovative Social Impact Foundation's registered office is in Chennai, Tamil Nadu.
- Registered Address3/2 Ground Floor Pookar Street, Chennai, Tamil Nadu, India – 600026
- IndustryFinancial Services, Microfinance Institutions
- 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 Innovative Social Impact Foundation 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 Innovative Social Impact Foundation, buy the company report.
Financials of Innovative Social Impact Foundation
FY 2025 filings availableInnovative Social Impact Foundation reported revenue of ₹1.08 Cr (up 31% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 31% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 36%. EBITDA fell 313% 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 | -₹60.55 Lakh | ||||
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| Net Profit (PAT) | -₹61.5 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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| Profitability | |||||
| EBITDA Margin | -56.1% | ||||
| Net Profit Margin | -56.9% | ||||
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To see the full financial statements and ratios of Innovative Social Impact Foundation, buy the company report.
Board of directors of Innovative Social Impact Foundation
Innovative Social Impact Foundation has 5 current directors and 26 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aiswarya Rajyalaxmi Rao | Director | 25 Sep 2024 | 2 Years 1 Months | Current |
| Sathiasatchy Suvisedagan Aruliah Also directs: Visionfund India Private Limited | Director | 05 Nov 2025 | 1 Years 0 Months | Current |
| Sushmita Bandopadhyay | Director | 25 Sep 2024 | 2 Years 1 Months | Current |
| Abey Abraham | Director | 29 Mar 2023 | 3 Years 7 Months | Current |
| Gift Rajasekaran Sureshkumar | Director | 05 Nov 2025 | 1 Years 0 Months | Current |
Peer comparison
Innovative Social Impact Foundation is compared with the 5 companies closest to it by revenue in the BFSI industry (Micro Finance), with 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 |
|---|---|---|---|---|---|---|
| Pelman Chit Funds Private Limited | ₹1.09 Cr (FY 2024) | 31.0% | Chennai, Tamil Nadu, India | |||
| Benita Kuries Private Limited | ₹1.09 Cr (FY 2025) | 37.0% | Ernakulam, Kerala, India | |||
| Innovative Social Impact Foundationthis company | ₹1.08 Cr (FY 2025) | -₹61.5 Lakh | -56.9% | 31.0% | Chennai, Tamil Nadu, India | |
| Fingold Micro Foundation | ₹1.07 Cr (FY 2025) | 41.0% | Shahadra, Delhi, India | |||
| Real Smart Micro Finance Association | ₹1.07 Cr (FY 2025) | 48.0% | Varanasi, Uttar Pradesh, India | |||
| Wincoast Nidhi Limited | ₹1.06 Cr (FY 2025) | -10.0% | Thrissur, Kerala, India |
To see the full peer comparison of Innovative Social Impact Foundation, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Apr 2016 | 100025192 | Others | ₹1 Cr | Open | |
| 07 Mar 2020 | 100337884 | Others | ₹1.5 Cr | Satisfied | |
| 20 Mar 2019 | 100247620 | State Bank of India | ₹5 Cr | Satisfied | |
| 12 Mar 2019 | 100244381 | Idbi Bank Limited | ₹5 Cr | Satisfied | |
| 20 Jul 2016 | 100043873 | Others | ₹6.58 Cr | Satisfied |
To see the full charge records of Innovative Social Impact Foundation, buy the company report.
Total charge records: 12 View all charges
Legal cases
No court or tribunal cases involving Innovative Social Impact Foundation are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Innovative Social Impact Foundation was last rated by Crisil on 30 Jul 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 30 Jul 2021 |
To see the full credit ratings and regulatory alerts of Innovative Social Impact Foundation, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Innovative Social Impact Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Innovative Social Impact Foundation has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCI4110P1ZQ | Tamil Nadu | Active | 01 Jul 2017 |
| 09AABCI4110P1ZH | Uttar Pradesh | Active | 27 Dec 2017 |
| 32AABCI4110P1ZS | Kerala | Active | 04 May 2018 |
| 22AABCI4110P1ZT | Chhattisgarh | Active | 31 Jul 2018 |
To see the full GST registrations and return filing status of Innovative Social Impact Foundation, buy the company report.
Recent activity
Innovative Social Impact Foundation has 31 board changes on record since 2008: 5 appointments and 26 cessations. The latest: Benita Grace Paul Nangia ceased to be Director on 05 Nov 2025.
50 earlier events are in the company report.
Frequently asked questions
Innovative Social Impact Foundation is an active public not for profit company based in Chennai, Tamil Nadu, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 15 March 2004 (22+ years old) and is registered under CIN U88900TN2004NPL052754.
Innovative Social Impact Foundation has 5 current directors:
- Aiswarya Rajyalaxmi Rao - Director
- Sathiasatchy Suvisedagan Aruliah - Director
- Sushmita Bandopadhyay - Director
- Abey Abraham - Director
- Gift Rajasekaran Sureshkumar - Director
The latest financial statements of Innovative Social Impact Foundation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Innovative Social Impact Foundation is 33AABCI4110P1ZQ, registered in Tamil Nadu. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 09AABCI4110P1ZH (Uttar Pradesh), 32AABCI4110P1ZS (Kerala), 22AABCI4110P1ZT (Chhattisgarh).
The CIN (Corporate Identification Number) of Innovative Social Impact Foundation is U88900TN2004NPL052754. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovative Social Impact Foundation was incorporated on 15 March 2004, making it 22+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Innovative Social Impact Foundation by revenue are Pelman Chit Funds Private Limited, Benita Kuries Private Limited, Fingold Micro Foundation, Real Smart Micro Finance Association, Wincoast Nidhi Limited, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Benita Grace Paul Nangia ceased to be Director on 05 Nov 2025. Gift Rajasekaran Sureshkumar was appointed as Director on 05 Nov 2025. Lisha John ceased to be Director on 05 Nov 2025. Innovative Social Impact Foundation has 31 board changes on record in total.
Innovative Social Impact Foundation can be reached through the website impact-mfi.in. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Innovative Social Impact Foundation is at 32 Ground Floor Pookar Street, Chennai, Tamil Nadu, India – 600026.
Innovative Social Impact Foundation operates in the financial services industry, in the microfinance institutions segment.
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