Kiara Microcredit Private Limited logo

Kiara Microcredit Private Limited

NBFC MFI providing loans to rural poor engaged in agriculture, allied activities, handicrafts, and handloom.

2016 Madurai, Tamil Nadu (India) Active

About

Basic Data Updated:

3 months ago

Kiara Microcredit Private Limited, a Non-Banking Financial Company (NBFC) Microfinance Institution (MFI), is dedicated to providing loans to rural communities in need. These communities, located in Madurai, are primarily engaged in various activities such as agriculture, agri-allied industries (including goat rearing, piggery, fishery, dairy farming, poultry, and more), as well as handicraft and handloom work. With a focus on empowering women, Kiara Microcredit offers a range of financial products tailored to meet the specific needs of these underserved communities in Tamil Nadu, Kerala, and Odisha. Established in 2016, Kiara Microcredit has quickly expanded its reach and now operates in over 17 districts across the three states. The company's main objective is to provide financial assis... Read More

Industry

Company Details

  • Location

    Madurai, Tamil Nadu, India

  • Website
    1222442
  • Telephone
    1222442
  • Email Address
    1222442
  • Social Media
    1222442
CIN/LLPIN/FCRNU65900TN2016PTC113034
Company No.113034
Company ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date24 Oct 2016
Date of AGM31 Aug 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Chennai

Financials of Kiara Microcredit Private Limited

financial-graph financial-graph
Content-lock

Kiara Microcredit Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 66.6% increase. The company also saw a substantial improvement in profitability, with a 53.49% increase in profit. The company's net worth Soared by an impressive increase of 25.86%.

Enhance accessibility to Kiara Microcredit's financial data by unlocking access to both Standalone and Consolidated balance sheets, Profit & Loss Statements, Ratios, Related Party Transactions, and additional relevant information.

Corporate Structure

Shareholding-Indiacator Shareholding-Indiacator
Content-lock

Unlock access to Kiara Microcredit's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

People in Kiara Microcredit Private Limited

Executive Team (1)

  • SA

    Siddhi Agarwal Company Secretary

    Appointment Date: 01-Jun-2022

    Status: Current

Board Members(3)

Charges (Loans)

Open Charges Satisfied Charges

₹100.17 cr

₹8.15 cr

LenderAmountStatus

Others

Creation Date: 24 Nov 2023
₹5.00 CrOpen

Others

Creation Date: 17 Nov 2023
₹1.25 CrOpen

State Bank Of India

Creation Date: 31 Oct 2023
₹6.00 CrOpen

Deals i

Valuation-Graph Valuation-Graph
Content-lock

Gain comprehensive insights into the Deals and Valuation data of Kiara Microcredit, 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 Kiara Microcredit's trajectory.

Rating

Rating-Graph Rating-Graph
Content-lock

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.

Alert

Alert-Indicator Alert-Indicator
Content-lock

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.

Related Corporates (Common Directorship)

Recent activity within the organization

  • Activity

    Charges

    A charge registered on 10 Jan 2019 via Charge ID 100237731 with Others was fully satisfied on 04 Jan 2024.

    04 Jan 2024
  • Activity

    Charges

    A charge with Others amounted to Rs. 5.00 cr with Charge ID 100826364 was registered on 24 Nov 2023.

    24 Nov 2023
  • Activity

    Charges

    A charge with Others amounted to Rs. 1.25 cr with Charge ID 100818290 was registered on 17 Nov 2023.

    17 Nov 2023
  • Activity

    Charges

    A charge with State Bank Of India amounted to Rs. 6.00 cr with Charge ID 100818292 was registered on 31 Oct 2023.

    31 Oct 2023
  • Activity

    Charges

    A charge with Others amounted to Rs. 1.50 cr with Charge ID 100807872 was registered on 20 Oct 2023.

    20 Oct 2023

Frequently asked questions

What is the Incorporation or founding date of Kiara Microcredit Private Limited?

Kiara Microcredit Private Limited was incorporated 7 years 6 months ago on 24 Oct 2016 with Registrar of Companies Roc Chennai.

Similar Companies Based on NBFC

  • Radhasoami Resources Limited

    Chennai, Tamil Nadu, India

  • Sumati Projects Ltd

    Kolkata, West Bengal, India

  • Hgi Finance And Leasing Limited

    South Delhi, Delhi, India

  • Carthic Credits Limited

    Coimbatore, Tamil Nadu, India

  • Padmavati Investment Limited

    Kolkata, West Bengal, India

  • Shakuntlam Investment And Leasing Private Limited

    South Delhi, Delhi, India

  • Goldedge Estate And Investments Limited

    West Delhi, Delhi, India

  • Aditya Marketing & Manufacturing Ltd

    Kolkata, West Bengal, India

  • Opg Metals Finsec Limited.

    North Delhi, Delhi, India

  • Suvridhi Financial Services Limited

    South Delhi, Delhi, India

  • Goneril Investment & Trading Co Ltd

    Kolkata, West Bengal, India

  • Akg Infin Private Limited

    Navi Mumbai, Maharashtra, India