Kshitiz Micro Credit Foundation
About Kshitiz Micro Credit Foundation
Data last updated:
Kshitiz Micro Credit Foundation is a public not for profit company based in Varanasi, Uttar Pradesh, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 19 December 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U85320UP2016NPL088463.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹48.22 Lakh. It is led by directors including Rohit Pathak and Mohit Pathak.
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 Varanasi, Uttar Pradesh.
As per the financials filed for FY 2020, the company reported a revenue of ₹24.18 Lakh, a decline of 43% compared to the previous year. For the same year it recorded a net loss of ₹16.36 Lakh (net margin -67.7%) and EBITDA of -₹13.28 Lakh (EBITDA margin -54.9%). Revenue has grown at a compounded annual rate (CAGR) of 135% over three years.
The company has about 6 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Kshitiz Micro Credit Foundation's registered office is in Varanasi, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC/O Rohit Pathak, Vill Khalishpur, Varanasi, Uttar Pradesh, India – 221007
- IndustryFinancial Services, Financial Activities
To see the full contact details of Kshitiz Micro Credit 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 Kshitiz Micro Credit 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 Kshitiz Micro Credit Foundation, buy the company report.
Financials of Kshitiz Micro Credit Foundation
FY 2020 filings availableKshitiz Micro Credit Foundation reported revenue of ₹24.18 Lakh (down 43% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 43% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 135%. EBITDA rose 3% 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 |
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| EBITDA | -₹13.28 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹16.36 Lakh | |||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -54.9% | |||
| Net Profit Margin | -67.7% | |||
| Return on Equity (ROE) | ||||
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To see the full financial statements and ratios of Kshitiz Micro Credit Foundation, buy the company report.
Board of directors of Kshitiz Micro Credit Foundation
Kshitiz Micro Credit Foundation has 5 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rohit Pathak | Director | 04 Jan 2024 | 2 Years 9 Months | Current |
| Mohit Pathak | Director | 04 Jan 2024 | 2 Years 9 Months | Current |
| Rohit Kumar | Director | 04 Jan 2024 | 2 Years 9 Months | Current |
| Amit Kumar Sharma | Director | 19 Dec 2016 | 9 Years 10 Months | Current |
| Sandhya Sharma | Director | 13 Jul 2019 | 7 Years 3 Months | Current |
Peer comparison
Kshitiz Micro Credit Foundation is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Jayate India Nidhi Limited | ₹24.21 Lakh (FY 2021) | 72.0% | Sonbhadra, Uttar Pradesh, India | |||
| Tiwary Holdings Pvt. Ltd | ₹24.2 Lakh (FY 2025) | -84.0% | Kolkata, West Bengal, India | |||
| Pothigai Thirumalai Murugan Chits Private Limited | ₹24.19 Lakh (FY 2025) | 11.0% | Shencottai, Tamil Nadu, India | |||
| Wealthcrop Securities Private Limited | ₹24.19 Lakh (FY 2024) | 44.0% | Kolkata, West Bengal, India | |||
| Snapshot Distributors Pvt.Ltd. | ₹24.18 Lakh (FY 2025) | -30.0% | Kolkata, West Bengal, India | |||
| Kshitiz Micro Credit Foundationthis company | ₹24.18 Lakh (FY 2020) | -₹16.36 Lakh | -67.7% | -43.0% | 6 | Varanasi, Uttar Pradesh, India |
| CRP Finanacial Services Private Limited | ₹24.17 Lakh (FY 2024) | 5.0% | Surat, Gujarat, India | |||
| Pakalon Chits Private Limited | ₹24.17 Lakh (FY 2025) | 4.0% | Palakkad, Kerala, India | |||
| Gyan Promoters Pvt.Ltd. | ₹24.16 Lakh (FY 2024) | 29.0% | Kolkata, West Bengal, India | |||
| Krishiiv Bizoperations Private Limited | ₹24.16 Lakh (FY 2023) | -41.0% | Mumbai, Maharashtra, India | |||
| Dhan Vrraksh Nidhi Limited | ₹24.15 Lakh (FY 2019) | 86.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Kshitiz Micro Credit Foundation, buy the company report.
Auditor
Kshitiz Micro Credit Foundation is audited by AMIT MANOJ & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AMIT MANOJ & CO. | FY 2017 | 009905C |
Shareholding
The shareholding of Kshitiz Micro Credit Foundation is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Kshitiz Micro Credit Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Kshitiz Micro Credit 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 Kshitiz Micro Credit Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kshitiz Micro Credit Foundation has a workforce of 6 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
GST
No GST registration is on our record for Kshitiz Micro Credit Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Kshitiz Micro Credit Foundation has 13 board changes on record since 2016: 5 appointments and 8 cessations. The latest: Yogesh Kumar Verma ceased to be Director on 05 Jan 2024.
4 earlier events are in the company report.
Frequently asked questions
Kshitiz Micro Credit Foundation is an active public not for profit company based in Varanasi, Uttar Pradesh, India. The company works in financial activities, within the financial services industry. It was incorporated on 19 December 2016 (10+ years old) and is registered under CIN U85320UP2016NPL088463.
Kshitiz Micro Credit Foundation has 5 current directors:
- Rohit Pathak - Director
- Mohit Pathak - Director
- Rohit Kumar - Director
- Amit Kumar Sharma - Director
- Sandhya Sharma - Director
The latest financial statements of Kshitiz Micro Credit 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 FY 2017 are in the company report.
The CIN (Corporate Identification Number) of Kshitiz Micro Credit Foundation is U85320UP2016NPL088463. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kshitiz Micro Credit Foundation was incorporated on 19 December 2016, making it 10+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Kshitiz Micro Credit Foundation by revenue are Jayate India Nidhi Limited, Tiwary Holdings Pvt. Ltd, Pothigai Thirumalai Murugan Chits Private Limited, Wealthcrop Securities Private Limited, Snapshot Distributors Pvt.Ltd. and 5 more, all in the same principal business activity (other financial activities).
Yogesh Kumar Verma ceased to be Director on 05 Jan 2024. Mohit Pathak was appointed as Director on 04 Jan 2024. Rohit Kumar was appointed as Director on 04 Jan 2024. Kshitiz Micro Credit Foundation has 13 board changes on record in total.
The registered office of Kshitiz Micro Credit Foundation is at CO Rohit Pathak, Vill Khalishpur, Varanasi, Uttar Pradesh, India – 221007.
Kshitiz Micro Credit Foundation operates in the financial services industry, in the financial activities segment.
The compliance status of Kshitiz Micro Credit Foundation is compliant as of 22 September 2026. The company is actively filing with the Registrar of Companies.
Kshitiz Micro Credit Foundation can be reached at its registered office: CO Rohit Pathak, Vill Khalishpur, Varanasi, Uttar Pradesh, India – 221007.