It is a financial services private not for profit company based in Chennai City Corporation, Tamil Nadu, India, established in 2002.
2002 | Chennai City Corporation, Tamil Nadu, India | ActiveMicrocredit Foundation Of India, a active private not for profit company, was established on 18 February 2002 in Chennai City Corporation, Tamil Nadu, India. Engaging in diversified financial services within the financial services sector, it holds CIN: U65929TN2002NPL048472. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹0.50 M and a paid-up capital of ₹2.00 K .
It upholds a compliant status. Its leadership includes Singaram Adaikappan (Director), Narayanan (Director), Tara Thiagarajan (Director). Past directors included Ganapathy Chandrasekaran, Alagappa Arunachalam, Rajasekar Ramaraj. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at No.24, Bishop Garden, R A Puram, Chennai City Corporation, Tamil Nadu, 600028.
U65929TN2002NPL048472
048472
18 February 2002
₹0.50 M
₹2.00 K
Roc Chennai
Unlisted
Active
Explore comprehensive insights into Microcredit Foundation Of India — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.
Access Report
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Singaram Adaikappan | Director | 06 Mar 2012 | Current |
| Narayanan | Director | 10 Jan 2024 | Current |
| Tara Thiagarajan | Director | 30 Sep 2019 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Director | 23 Mar 2021 | Past |
| Pramod Abcsdd | Director | 16 Dec 2008 | Past |
| Pramod Abcsdd | Director | 06 Mar 2012 | Past |
| Pramod Abcsdd | Additional Director | 29 Sep 2024 | Past |
| Pramod Abcsdd | Director | 30 Jul 2012 | Past |
| Pramod Abcsdd | Director | 06 Mar 2012 | Past |
Discover detailed profiles of directors and KMP - Unlock leadership insights today!
Microcredit Foundation Of India, for the financial year ended 2022, experienced significant reduction in revenue, with a 63.98% decrease. The company also saw a substantial improvement in profitability, with a 29.2% increase in profit. The company's net worth dipped by a decrease of 6.99%.
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations | |||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
In 2019, Microcredit Foundation Of India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Reveal ownership structures and financial performance - Get instant access now!
There are no open charges registered against the company as per our records.
Microcredit Foundation Of India has a workforce of 0 employees as of Apr 10, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Gain comprehensive insights into the Deals and Valuation data of Microcredit Foundation Of India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Microcredit Foundation Of India's trajectory.
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Microcredit Foundation Of India last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.
Microcredit Foundation Of India has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was recorded as a recent event.
Progress on Narayanan was appointed as a Director was appointed as a Director on 10 Jan 2024 & has been associated with this company since 1 year 11 months . was documented.
The activity Tara Thiagarajan was appointed as a Director was appointed as a Director on 30 Sep 2019 & has been associated with this company since 6 years 3 months . was completed.
Singaram Adaikappan was appointed as a Director was appointed as a Director on 06 Mar 2012 & has been associated with this company since 13 years 9 months . was recorded as a recent event.
Progress on Microcredit Foundation Of India was registered on 18 Feb 2002 with Roc Chennai & aged 23 years 10 months as per MCA records. was documented.
The CIN of Microcredit Foundation Of India is U65929TN2002NPL048472.
Microcredit Foundation Of India is headquartered at No.24, Bishop Garden, R A Puram, Chennai City Corporation, Tamil Nadu, 600028.
Microcredit Foundation Of India was incorporated on 18 February 2002.
The current directors of Microcredit Foundation Of India are
The primary industry of Microcredit Foundation Of India is Financial Services.
Microcredit Foundation Of India is unlisted.
The authorized capital of Microcredit Foundation Of India is ₹0.50 M, and the paid-up capital is ₹2.00 K .
The compliance status of Microcredit Foundation Of India is Compliant.
Search company & director profiles for free and gain access to critical business data.
Company Details
+91-XXXXXXXXXX