About M Power Micro Finance Private Limited
Data last updated: 30 December 2025
M Power Micro Finance Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Indianivesh Capitals Limited. It specialises in microfinance institutions, a part of the broader financial services sector. Incorporated on 19 November 2009, the company has been in operation for over 17 years.
Registered with ROC Mumbai under CIN U65999MH2009PTC197149.
Capital: an authorised share capital of ₹38 Cr and a paid-up capital of ₹28.84 Cr. It is led by directors including Kozhiyalam Veeraraghavan Balaji and Desh Raj Dogra.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: B – 212 Arjun Centre Plot No. 231 Govandi Station Road Govandi, Mumbai, Maharashtra, India – 400088.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.72 Cr, a growth of 86% compared to the previous year.
The company has a workforce of approximately 383 employees as per the latest available data. It operates as a subsidiary of Indianivesh Capitals Limited.
The company is associated with 1 brand - M Power Micro Finance. As per MCA filings, the company has open charges of ₹60.65 Cr and satisfied charges of ₹675.27 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 mpowermicro.com.
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Registered AddressB – 212 Arjun Centre Plot No. 231 Govandi Station Road Govandi, Mumbai, Maharashtra, India – 400088
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IndustryFinancial Services, Microfinance Institutions, NBFC
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with M Power Micro Finance Private Limited
M Power Micro Finance Private Limited operates one associated brand: M Power Micro Finance. These brands represent M Power Micro Finance Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Microcredit and micro-insurance are provided to SMEs. | mpowermicro.com |
Competitors & Alternatives of M Power Micro Finance Private Limited
Brands and companies operating in the same space as M Power Micro Finance Private Limited include ESAF, Satin Creditcare, Bharat Financial Inclusion and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
ESAF
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Microfinance banking services are offered in India by ESAF. | Thrissur, India, India | 1992 |
Satin Creditcare
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Micro loans for businesses are offered by this NBFC. | Delhi, India, India | 1990 |
Bharat Financial Inclusion
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Provider of micro-credit & insurance for low income income individuals and women | Secunderabad, India, India | 1997 |
Muthoot Microfin
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Microfinance loans are extended to low-income women entrepreneurs. | Ernakulam, India, India | 2010 |
Svatantra Microfinance
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Microcredit services are provided to rural women for financial inclusion. | Mumbai, India, India | 2012 |
Fincare Small Finance Bank
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Micro-finance bank | Bengaluru, India, India | 2007 |
Spandana Sphoorty Financial
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Microfinance loans are extended to low-income households for various needs. | Hyderabad, India, India | 2003 |
Chaitanya India Fin Credit
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Micro-credit financing is provided to low-income individuals and businesses. | Bengaluru, India, India | 2004 |
Asirvad Microfinance
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Micro loans for consumers are provided by Asirvad Microfinance. | Chennai, India, India | 2009 |
Business Activity of M Power Micro Finance Private Limited
M Power Micro Finance Private Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details for M Power Micro Finance Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of M Power Micro Finance Private Limited
M Power Micro Finance Private Limited is audited by G. M. Kapadia & Co. for the financial year 2019. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G. M. Kapadia & Co. | Locked | Locked | Locked |
Complete auditor history for M Power Micro Finance Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
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Board of Directors of M Power Micro Finance Private Limited
M Power Micro Finance Private Limited is currently managed by 3 directors, with 10 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kozhiyalam Veeraraghavan Balaji | Managing Director | 19 Nov 2009 | 16 Years 8 Months | Current |
| Desh Raj Dogra | Director | 01 Oct 2024 | 1 Years 9 Months | Current |
| Shrikant Sapre | Director | 27 May 2025 | 1 Years 1 Months | Current |
Financials of M Power Micro Finance Private Limited FY 2024 filings available
M Power Micro Finance Private Limited reported revenue of ₹1.72 Cr (up 86.00% YoY) for FY 2024.
Ten-year financial statements for M Power Micro Finance Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
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Ownership and Shareholding of M Power Micro Finance Private Limited
Shareholding and ownership data for M Power Micro Finance Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Charges & Borrowings of M Power Micro Finance Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Mar 2025 | Others | ₹7.5 Cr | Open |
| 24 Dec 2024 | Others | ₹4.5 Lakh | Open |
| 30 Aug 2024 | Others | ₹2 Cr | Open |
| 23 May 2024 | Others | ₹3 Cr | Open |
| 26 Mar 2024 | Others | ₹5 Cr | Open |
Total charge records: 155 View all charges
Employees and EPFO Compliance at M Power Micro Finance Private Limited
M Power Micro Finance Private Limited has a workforce of 383 employees as of Apr 08, 2024.
Employee and EPFO history for M Power Micro Finance Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of M Power Micro Finance Private Limited
GST registrations and filing compliance for M Power Micro Finance Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for M Power Micro Finance Private Limited
Credit ratings, litigation, and regulatory alerts for M Power Micro Finance Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by M Power Micro Finance Private Limited
MSME payment history for M Power Micro Finance Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of M Power Micro Finance Private Limited
Corporate group structure for M Power Micro Finance Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of M Power Micro Finance Private Limited
MCA filings and documents for M Power Micro Finance Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on M Power Micro Finance Private Limited
Recent News on M Power Micro Finance Private Limited
Frequently Asked Questions about M Power Micro Finance Private Limited
M Power Micro Finance Private Limited is an active private limited company in the financial services sector based in Mumbai, Maharashtra, India. It was incorporated on 19 November 2009 (17+ years old) and is registered under CIN U65999MH2009PTC197149. The company has 383 employees.
M Power Micro Finance Private Limited reported revenue of ₹1.72 Cr for FY 2024 (up 86.00% YoY).
The current directors of M Power Micro Finance Private Limited are:
- Kozhiyalam Veeraraghavan Balaji - Managing Director
- Desh Raj Dogra - Director
- Shrikant Sapre - Director
The primary industry of M Power Micro Finance Private Limited is financial services. The company specifically operates in microfinance institutions. The company is currently active in this sector.
M Power Micro Finance Private Limited can be reached at the registered office: B – 212 Arjun Centre Plot No. 231 Govandi Station Road Govandi, Mumbai, Maharashtra, India – 400088, or through the website mpowermicro.com.
The authorised capital is ₹38 Cr, and the paid-up capital is ₹28.84 Cr.