About Kuber Kanak Microfinance Association
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Kuber Kanak Microfinance Association is a private not for profit company based in Lucknow, Uttar Pradesh, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 19 February 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U65923UP2016NPL076688. Its GSTIN is 19AAGCK0838F1ZJ (West Bengal).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.5 Cr. It is led by directors including Rohit Drolia and Prity Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 5/50B Viraj Khand Gomti Nagar, Lucknow, Uttar Pradesh, India – 226010.
As per the financials filed for FY 2024, the company reported a revenue of ₹65.23 Lakh, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹1.07 Lakh (net margin 1.6%) and EBITDA of ₹6.89 Lakh (EBITDA margin 10.6%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 11% over five years.
The company is associated with 1 brand: Kuber Kanak Microfinance Association. As per MCA filings, the company has open charges of ₹50 Lakh and satisfied charges of ₹74 Lakh 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 kuberkanak.com.
Company details
Contact details
Kuber Kanak Microfinance Association's registered office is in Lucknow, Uttar Pradesh. Its website is kuberkanak.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address5/50B Viraj Khand Gomti Nagar, Lucknow, Uttar Pradesh, India – 226010
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Kuber Kanak Microfinance Association, 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
Brands
Kuber Kanak Microfinance Association operates one associated brand: Kuber Kanak Microfinance Association. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides financial services to micro-entrepreneurs, small businesses, and low-income individuals through microfinance solutions. | kuberkanak.com |
Business activity
The main business activity of Kuber Kanak Microfinance Association 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 Kuber Kanak Microfinance Association, buy the company report.
Financials of Kuber Kanak Microfinance Association
FY 2025 filings availableKuber Kanak Microfinance Association reported revenue of ₹65.23 Lakh (down 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA fell 33% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹6.89 Lakh | ||||
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| Net Profit (PAT) | ₹1.07 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 10.6% | ||||
| Net Profit Margin | 1.6% | ||||
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To see the full financial statements and ratios of Kuber Kanak Microfinance Association, buy the company report.
Board of directors of Kuber Kanak Microfinance Association
Kuber Kanak Microfinance Association has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prity Agarwal Also directs: Khyati Dealtrade Private Limited, Shuban Dealmark Private Limited | Additional Director | 11 Jun 2019 | 7 Years 4 Months | Current |
| Somnath Sen | Additional Director | 11 Jun 2019 | 7 Years 4 Months | Current |
| Abhik Mitra Also directs: Roobhik Fincraft Solutions LLP | Additional Director | 11 Jun 2019 | 7 Years 4 Months | Current |
| Rohit Drolia | Director | 11 Jan 2021 | 5 Years 9 Months | Current |
Peer comparison
Kuber Kanak Microfinance Association is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Adhisurya Chits India Private Limited | ₹65.7 Lakh (FY 2023) | 23.0% | Pollachi, Tamil Nadu, India | |||
| Gajavadana Chits Private Limited | ₹65.53 Lakh (FY 2020) | -23.0% | Bangalore, Karnataka, India | |||
| Aruvi Chits Private Limited | ₹65.4 Lakh (FY 2025) | -22.0% | Udumalpet, Tamil Nadu, India | |||
| Kuber Kanak Microfinance Associationthis company | ₹65.23 Lakh (FY 2024) | ₹1.07 Lakh | 1.6% | -1.0% | Lucknow, Uttar Pradesh, India | |
| Pallavan Nidhi Limited | ₹64.34 Lakh (FY 2025) | 11.0% | Chennai, Tamil Nadu, India | |||
| Sudhabhagya Chits Private Limited | ₹64.31 Lakh (FY 2021) | -15.0% | Aurangabad, Maharashtra, India | |||
| Mekala Sai Chandra Chitfunds India Private Limited | ₹64.22 Lakh (FY 2017) | 46.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Kuber Kanak Microfinance Association, buy the company report.
Auditor
Kuber Kanak Microfinance Association is audited by MMSR & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MMSR & ASSOCIATES | FY 2023 | 007517C |
Shareholding
The shareholding of Kuber Kanak Microfinance Association is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Kuber Kanak Microfinance Association, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 May 2022 | 100579165 | Others | ₹50 Lakh | Open | |
| 21 Jan 2019 | 100237649 | State Bank of India | ₹24 Lakh | Satisfied | |
| 03 Sep 2018 | 100207166 | Others | ₹10 Lakh | Satisfied | |
| 08 Jan 2018 | 100152551 | Others | ₹40 Lakh | Satisfied |
To see the full charge records of Kuber Kanak Microfinance Association, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Kuber Kanak Microfinance Association 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 Kuber Kanak Microfinance Association; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kuber Kanak Microfinance Association has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAGCK0838F1ZJ | West Bengal | Active | 17 Aug 2019 |
To see the full GST registrations and return filing status of Kuber Kanak Microfinance Association, buy the company report.
Recent activity
Kuber Kanak Microfinance Association has 10 board changes on record since 2017: 4 appointments and 6 cessations. The latest: Nisha Drolia ceased to be Additional Director on 11 Jan 2021.
8 earlier events are in the company report.
Frequently asked questions
Kuber Kanak Microfinance Association is an active private not for profit company based in Lucknow, Uttar Pradesh, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 19 February 2016 (10+ years old) and is registered under CIN U65923UP2016NPL076688.
Kuber Kanak Microfinance Association has 4 current directors:
- Prity Agarwal - Additional Director
- Somnath Sen - Additional Director
- Abhik Mitra - Additional Director
- Rohit Drolia - Director
The latest financial statements of Kuber Kanak Microfinance Association on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Kuber Kanak Microfinance Association is 19AAGCK0838F1ZJ, registered in West Bengal.
The CIN (Corporate Identification Number) of Kuber Kanak Microfinance Association is U65923UP2016NPL076688. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kuber Kanak Microfinance Association was incorporated on 19 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
The peers of Kuber Kanak Microfinance Association by revenue are Adhisurya Chits India Private Limited, Gajavadana Chits Private Limited, Aruvi Chits Private Limited, Pallavan Nidhi Limited, Sudhabhagya Chits Private Limited and 1 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Nisha Drolia ceased to be Additional Director on 11 Jan 2021. Rohit Drolia was appointed as Director on 11 Jan 2021. Sangeeta Sarkar ceased to be Director on 18 Feb 2020. Kuber Kanak Microfinance Association has 10 board changes on record in total.
Kuber Kanak Microfinance Association can be reached through the website kuberkanak.com. Its registered office is in Lucknow, Uttar Pradesh, India.
The registered office of Kuber Kanak Microfinance Association is at 550B Viraj Khand Gomti Nagar, Lucknow, Uttar Pradesh, India – 226010.
Kuber Kanak Microfinance Association operates in the financial services industry, in the microfinance institutions segment.