About Micro Units Development & Refinance Agency Limited
Data last updated: 06 January 2026
Micro Units Development & Refinance Agency Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Small Industries Development Bank Of India. It specialises in non-banking financial services (NBFC), a part of the broader financial services sector. Incorporated on 18 March 2015, the company has been in operation for over 11 years.
Registered with ROC Mumbai under CIN U65100MH2015PLC274695.
Capital: an authorised share capital of ₹5,000 Cr and a paid-up capital of ₹1,675.93 Cr. It is led by directors including Sudatta Mandal and Venugopal Rao Yalangi.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Swavalamban Bhavan Plot No. C – 11 'G' Block Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2023, the company reported a revenue of ₹1,537.2 Cr, a growth of 51.51% compared to the previous year.
It operates as a subsidiary of Small Industries Development Bank Of India.
The company is associated with 1 brand - Mudra. As per MCA filings, the company has open charges of ₹9,950 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 mudra.org.in.
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Registered AddressSwavalamban Bhavan Plot No. C – 11 'G' Block Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051
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IndustryFinancial Services, NBFC, Investment & Credit 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
CIN History of Micro Units Development & Refinance Agency Limited
Micro Units Development & Refinance Agency Limited has one previous CIN (Corporate Identification Number): U65100DL2015PLC278078. The current CIN is U65100MH2015PLC274695, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65100MH2015PLC274695 | Current |
| U65100DL2015PLC278078 | Previous |
Associated Brands with Micro Units Development & Refinance Agency Limited
Micro Units Development & Refinance Agency Limited operates one associated brand: MUDRA. These brands represent Micro Units Development & Refinance Agency Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Provides business loans to support enterprise growth. | mudra.org.in |
Competitors & Alternatives of Micro Units Development & Refinance Agency Limited
Brands and companies operating in the same space as Micro Units Development & Refinance Agency Limited include Manappuram Finance, L & T Finance Holdings, Bajaj Finserv and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Manappuram Finance
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Consumer and SME loans are provided by Manappuram Finance. | Valapad, India, India | 1992 |
L & T Finance Holdings
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Diversified lending services are provided as a non-banking financial institution. | Mumbai, India, India | 1994 |
Bajaj Finserv
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Financial solutions including loans and insurance are offered. | Pune, India, India | 2007 |
Northern Arc Capital
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Household and business loans are provided with risk management support. | Chennai, India, India | 2006 |
IIFL Finance
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Online gold, home, personal, and business loans are provided. | Mumbai, India, India | 1995 |
Mahindra Finance
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Consumer and SME loans are provided by Mahindra Finance. | Mumbai, India, India | 1991 |
Indostar Capital Finance
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Real estate, infrastructure, vehicle, home, and SME financing are provided. | Mumbai, India, India | 2009 |
Hero Fincorp
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2-wheeler loans and consumer/business financing are provided by Hero Fincorp. | Delhi, India, India | 1991 |
Cholamandalam Investment and Finance Company
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Home and SME loans are provided in India. | Chennai, India, India | 1978 |
Dvara KGFS
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Loans for consumers and SMEs are provided alongside financial services. | Chennai, India, India | 2008 |
Business Activity of Micro Units Development & Refinance Agency Limited
Micro Units Development & Refinance Agency Limited operates primarily in the financial and insurance service sector. The company has 1 registered business activity segment, reflecting its diverse operational portfolio.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Financial and insurance Service | Locked | Other financial activities | Locked |
Detailed business activity records for Micro Units Development & Refinance Agency Limited
Activity codes and turnover contribution percentages require an active report plan.
- Activity group codes
- Detailed activity codes
- Turnover contribution
Verified entity values are shown only after access is granted.
Auditor Details of Micro Units Development & Refinance Agency Limited
Micro Units Development & Refinance Agency Limited is audited by P C Ghadiali and Co LLP for the financial year 2018. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P C Ghadiali and Co LLP | Locked | Locked | Locked |
Complete auditor history for Micro Units Development & Refinance Agency Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors and KMP of Micro Units Development & Refinance Agency Limited
Micro Units Development & Refinance Agency Limited currently reports 7 directors and 1 key managerial person. 34 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Sudatta Mandal
Also directs:
Rxil Financial Technologies Services Limited, Rxil Global Ifsc Limited, Receivables Exchange Of India Limited and 1 more
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Nominee Director | 28 May 2021 | 5 Years 2 Months | Current |
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Venugopal Rao Yalangi
Also directs:
Online Psb Loans Limited
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Managing Director | 26 Sep 2024 | 1 Years 10 Months | Current |
| Manoj Mittal | Nominee Director | 27 Jul 2024 | 2 Years 0 Months | Current |
| Sushil Kumar Singh | Nominee Director | 05 Apr 2024 | 2 Years 4 Months | Current |
| Prakash Kumar | Nominee Director | 23 Nov 2023 | 2 Years 8 Months | Current |
| Rajesh Dhondiba Kale | Cfo | 19 Oct 2023 | 2 Years 10 Months | Current |
Financials of Micro Units Development & Refinance Agency Limited FY 2025 filings available
Micro Units Development & Refinance Agency Limited reported revenue of ₹1,537.2 Cr (up 51.51% YoY) for FY 2023.
Ten-year financial statements for Micro Units Development & Refinance Agency Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Micro Units Development & Refinance Agency Limited
Shareholding and ownership data for Micro Units Development & Refinance Agency Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Micro Units Development & Refinance Agency Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Nov 2025 | Canara Bank | ₹2,000 Cr | Open |
| 26 Mar 2025 | Bank of India | ₹3,000 Cr | Open |
| 21 Feb 2025 | Sidbi | ₹3,950 Cr | Open |
| 21 Feb 2025 | Idbi Bank Limited | ₹750 Cr | Open |
| 21 Feb 2025 | Idbi Bank Limited | ₹250 Cr | Open |
Total charge records: 5 View all charges
Employees and EPFO Compliance at Micro Units Development & Refinance Agency Limited
View historical data on people associated with Micro Units Development & Refinance Agency Limited, including employment history and EPFO contributions.
Employee and EPFO history for Micro Units Development & Refinance Agency Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Micro Units Development & Refinance Agency Limited
GST registrations and filing compliance for Micro Units Development & Refinance Agency 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
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Micro Units Development & Refinance Agency Limited
Credit ratings, litigation, and regulatory alerts for Micro Units Development & Refinance Agency 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
Verified entity values are shown only after access is granted.
MSME Payment Delays by Micro Units Development & Refinance Agency Limited
MSME payment history for Micro Units Development & Refinance Agency 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
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Micro Units Development & Refinance Agency Limited
Corporate group structure for Micro Units Development & Refinance Agency 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
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Micro Units Development & Refinance Agency Limited
MCA filings and documents for Micro Units Development & Refinance Agency 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 Micro Units Development & Refinance Agency Limited
Recent News on Micro Units Development & Refinance Agency Limited
Frequently Asked Questions about Micro Units Development & Refinance Agency Limited
Micro Units Development & Refinance Agency Limited is an active public limited company in the financial services sector based in Mumbai, Maharashtra, India. It was incorporated on 18 March 2015 (11+ years old) and is registered under CIN U65100MH2015PLC274695.
Micro Units Development & Refinance Agency Limited reported revenue of ₹1,537.2 Cr for FY 2023 (up 51.51% YoY).
The current directors and KMP of Micro Units Development & Refinance Agency Limited are:
- Sudatta Mandal - Nominee Director
- Venugopal Rao Yalangi - Managing Director
- Manoj Mittal - Nominee Director
- Sushil Kumar Singh - Nominee Director
- Prakash Kumar - Nominee Director
- Rajesh Dhondiba Kale - Cfo
- Sadhu Venkataramana Sastry - Director
- Mala Sinha - Director
The primary industry of Micro Units Development & Refinance Agency Limited is financial services. The company specifically operates in nbfc. The company is currently active in this sector.
Micro Units Development & Refinance Agency Limited can be reached at the registered office: Swavalamban Bhavan Plot No. C – 11 G Block Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051, or through the website mudra.org.in.
The authorised capital is ₹5,000 Cr, and the paid-up capital is ₹1,675.93 Cr.