Mai Tara Microcredit Private Limited

Mai Tara Microcredit Private Limited - financial services in Patna, Bihar, India. FY 2026 financials & compliance.
CIN U74140BR2012PTC018756 Incorporated 01 June 2012 ROC Patna HQ Patna, Bihar, India
Active Private Limited Company financial services MSME · Micro
Data last updated
Revenue · FY 2022
₹93.6 Lakh
▲ 68% YoY
Net loss · FY 2022
₹1.42 Cr
Net margin -151.2%
EBITDA · FY 2022
-₹99.23 Lakh
EBITDA margin -106%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹24 Lakh
Issued & subscribed
Open charges
₹19.95 Lakh
Secured borrowings
Company age
14 yrs
Est. 2012
Employees · EPFO
10
Provident fund records

About Mai Tara Microcredit Private Limited

Data last updated:

Mai Tara Microcredit Private Limited is a private limited company based in Patna, Bihar, India. It operates in the online payment gateways segment of the financial services sector. It was incorporated on 01 June 2012 and has been in existence for over 14 years.

The company is registered with the Registrar of Companies (ROC), Patna, under CIN U74140BR2012PTC018756. Its GSTIN is 10AAFCR9625J1ZB (Bihar).

The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹24 Lakh. It was formerly known as My Tara Pay Private Limited and Right Pi Management & Services Private Limited. It is led by directors including Jitendra Kumar Yadav (Managing Director) and Sujata Kumari.

Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Ufo Mall 5th Floor Anisabad Chauraha, Patna, Bihar, India – 800002.

As per the financials filed for FY 2022, the company reported a revenue of ₹93.6 Lakh, a growth of 68% compared to the previous year. For the same year it recorded a net loss of ₹1.42 Cr (net margin -151.2%) and EBITDA of -₹99.23 Lakh (EBITDA margin -106%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 50% over five years.

The company has about 10 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹19.95 Lakh on record.

Mai Tara Microcredit Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-BR-26-0007187). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mtmoney.co.in.

Company details

CIN U74140BR2012PTC018756
Registration Number 018756
Incorporation Date 01 June 2012
ROC Patna
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-BR-26-0007187

Name history

Mai Tara Microcredit has undergone 6 name changes throughout its history. The current legal name is Mai Tara Microcredit Private Limited.

Company NameStatus
Mai Tara Microcredit Private LimitedCurrent
My Tara Pay Private LimitedPrevious
Right Pi Management & Services Private LimitedPrevious
Rpms Private LimitedPrevious
Rpms Payments Solution Private LimitedPrevious
Rpms Payments Private LimitedPrevious
Key People
Jitendra Kumar Yadav Managing Director Sujata Kumari Director Nikahat Jaha Ara Abid Director

Recognitions & Rankings of Mai Tara Microcredit

MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-BR-26-0007187

Contact details

Mai Tara Microcredit Private Limited's registered office is in Patna, Bihar. Its website is mtmoney.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    mtmoney.co.in
  • Apps
  • Registered Address
    Ufo Mall 5th Floor Anisabad Chauraha, Patna, Bihar, India – 800002
  • Industry
    Financial Services, Online Payment Gateways

To see the full contact details of Mai Tara Microcredit Private Limited, buy the company report.

Comprehensive company report
Mai Tara Microcredit Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Mai Tara Microcredit is financial and insurance service. In detail, this covers activities by trusts, funds and other financial holding companies.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK2Activities by Trusts, funds and other financial holding companies

To see the full business activity and turnover split of Mai Tara Microcredit Private Limited, buy the company report.

Financials of Mai Tara Microcredit Private Limited

FY 2022 filings available

Mai Tara Microcredit Private Limited reported revenue of ₹93.6 Lakh (up 68% YoY) for FY 2022.

Revenue · FY 2022
₹93.6 Lakh ▲ 68%
Net loss · FY 2022
₹1.42 Cr margin -151.2%
EBITDA · FY 2022
-₹99.23 Lakh margin -106%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 68%
3 years · compounded
▼ 12%
5 years · compounded
▲ 50%
EBITDA CAGR growth
3 years · compounded
▼ 172%
5 years · compounded
▼ 252%

Revenue has grown at a compounded annual rate (CAGR) of 50% over five years, including 68% growth 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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹99.23 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.42 Cr
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin-106%
Net Profit Margin-151.2%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Mai Tara Microcredit Private Limited, buy the company report.

Board of directors of Mai Tara Microcredit Private Limited

Mai Tara Microcredit has 4 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sujata Kumari
Also directs: Akriti Fintech Private Limited
Director17 Aug 20215 Years 2 MonthsCurrent
Nikahat Jaha Ara Abid
Also directs: Akriti Fintech Private Limited
Director17 Aug 20215 Years 2 MonthsCurrent
Dharmendra Kumar
Also directs: Mai Tara Infratech Private Limited, Mai Tara Infotech Private Limited, MT Money Private Limited
Director23 Mar 20215 Years 7 MonthsCurrent
Jitendra Kumar Yadav
Also directs: Mai Tara Infratech Private Limited, Shree Tara Developers Private Limited, Ingeven Payment Private Limited and 1 more
Managing Director08 May 201610 Years 6 MonthsCurrent
View all directors

Auditor

Mai Tara Microcredit Private Limited is audited by KUMAR SUMIT AND ASSOCIATES for the financial year 2021.

Auditor firmFinancial yearFirm registration number
KUMAR SUMIT AND ASSOCIATESFY 2021028347N

Shareholding

The shareholding of Mai Tara Microcredit Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2018FY 2017FY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Mai Tara Microcredit Private Limited, buy the company report.

Charges & borrowings

Open charges
₹19.95 Lakh
Satisfied charges
None
Breakdown by lending institutions
Others₹0.20 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
01 Feb 2022100531234Others₹19.95 LakhOpen

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Mai Tara Microcredit Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Mai Tara Microcredit has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
10AAFCR9625J1ZBBiharActive01 Jul 2017

To see the full GST registrations and return filing status of Mai Tara Microcredit Private Limited, buy the company report.

Recent activity

Mai Tara Microcredit Private Limited has 19 board changes on record since 2013: 4 appointments and 15 cessations. The latest: Sujata Kumari ceased to be Director on 21 Feb 2022.

AGM
Mai Tara Microcredit Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Mai Tara Microcredit Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Patna.
Ceased
Sujata Kumari ceased to be Director.
Charges
A charge with Others amounted to Rs. 19.95 Lakh with Charge ID 100531234 was registered on 01 Feb 2022.
Appointed
Nikahat Jaha Ara Abid was appointed as Director.
Appointed
Sujata Kumari was appointed as Director.
Ceased
Kumari Rakhi Singh ceased to be Director.
Appointed
Dharmendra Kumar was appointed as Director.
Ceased
Raju Kumar Ranjan ceased to be Additional Director.
Ceased
Indra Deep Mishra ceased to be Additional Director.
Ceased
Chanchal Kumar ceased to be Director.
Ceased
Anita Devi ceased to be Director.

11 earlier events are in the company report.

Frequently asked questions

Mai Tara Microcredit is an active private limited company based in Patna, Bihar, India. The company works in online payment gateways, within the financial services industry. It was incorporated on 01 June 2012 (14+ years old) and is registered under CIN U74140BR2012PTC018756.

Mai Tara Microcredit has 4 current directors:

The latest financial statements of Mai Tara Microcredit on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.

The GSTIN of Mai Tara Microcredit is 10AAFCR9625J1ZB, registered in Bihar.

The CIN (Corporate Identification Number) of Mai Tara Microcredit is U74140BR2012PTC018756. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Mai Tara Microcredit was incorporated on 01 June 2012, making it 14+ years old. It is registered with the Registrar of Companies, Patna.

Sujata Kumari ceased to be Director on 21 Feb 2022. Nikahat Jaha Ara Abid was appointed as Director on 17 Aug 2021. Sujata Kumari was appointed as Director on 17 Aug 2021. Mai Tara Microcredit has 19 board changes on record in total.

Yes, Mai Tara Microcredit is registered as a micro enterprise under Udyam registration (number: UDYAM-BR-26-0007187).

Mai Tara Microcredit can be reached through the website mtmoney.co.in. Its registered office is in Patna, Bihar, India.

The registered office of Mai Tara Microcredit is at Ufo Mall 5th Floor Anisabad Chauraha, Patna, Bihar, India – 800002.