Microcredit Initiative Of Grameen Company Logo

Microcredit Initiative Of Grameen - Company Profile

It is a financial services private not for profit company based in Mumbai, Maharashtra, India, established in 2007.

2007 | Mumbai, Maharashtra, India | Active
Last Updated:

About Microcredit Initiative Of Grameen

Microcredit Initiative Of Grameen, a active private not for profit company, was established on 12 October 2007 in Mumbai, Maharashtra, India. Engaging in diversified financial services within the financial and insurance service sector, it holds CIN: U01403MH2007NPL174981. Registered under ROC Roc Mumbai. it is unlisted.

It upholds a compliant status. Employing 35 professional, Its leadership includes Abdul Hai Khan (Director), Arundhati Sanjeev Shelgikar (Director), Balkrishna Narayan Kulkarni (Director). Past directors included S M Huzzatul Islam Latifee, Abdul Hai Khan, Arundhati Sanjeev Shelgikar. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Suruchi, 320, Sakharam Sawant Marg, Vile Parle (East), Mumbai, Maharashtra, 400057.

Company Details

  • CIN/LLPIN

    U01403MH2007NPL174981

  • Registration Number

    174981

  • Incorporation Date

    12 October 2007

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Company Age 18 Year, 2 Months
  • Last Filing with ROC 31 Mar 2025
  • Revenue Growth 49.30%
  • Profit Growth 406.02%
  • Ebitda 279.16%
  • Net Worth 11.60%
  • Total Assets -11.94%
Company report

Microcredit Initiative Of Grameen

Company Report FY 2025-2026

Explore comprehensive insights into Microcredit Initiative Of Grameen — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Microcredit Initiative Of Grameen?

Current Directors

NameDesignationAppointment DateStatus
Abdul Hai KhanDirector10 Dec 2018Current
Arundhati Sanjeev ShelgikarDirector10 Dec 2018Current
Balkrishna Narayan KulkarniDirector12 Oct 2007Current
Sanjiv Krishnaji ShelgikarDirector10 Feb 2015Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector26 Jun 2018Past
Pramod AbcsddAdditional Director06 Sep 2019Past
Pramod AbcsddAdditional Director06 Sep 2019Past
Pramod AbcsddAdditional Director28 Aug 2015Past

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Financial Performance of Microcredit Initiative Of Grameen.

Microcredit Initiative Of Grameen, for the financial year ended 2022, experienced significant growth in revenue, with a 49.3% increase. The company also saw a substantial improvement in profitability, with a 406.02% increase in profit. The company's net worth Soared by an impressive increase of 11.6%.

Microcredit Initiative Of Grameen revenue growth over time
Microcredit Initiative Of Grameen profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
49.30%
Revenue from Operations
50.08%
Total Assets
-11.94%
Profit or Loss
406.02%
Net Worth
11.60%
EBITDA
279.16%

What is the Ownership and Shareholding Structure of Microcredit Initiative Of Grameen?

Unlock access to Microcredit Initiative Of Grameen's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

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Charges (Loans)

There are no open charges registered against the company as per our records.

How Many Employees Work at Microcredit Initiative Of Grameen?

Microcredit Initiative Of Grameen has a workforce of 35 employees as of Apr 07, 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.

Employee growth trends for Microcredit Initiative Of Grameen

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Microcredit Initiative Of Grameen, 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 Initiative Of Grameen's trajectory.

Rating

Graph displaying rating trends over time

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.

Alerts

Alert Indicator

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.

Latest Updates, News, and FAQs on Microcredit Initiative Of Grameen

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Microcredit Initiative Of Grameen last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    Microcredit Initiative Of Grameen has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was recorded as a recent event.

  • Director Appointment

    The activity Abdul Hai Khan was appointed as a Director was appointed as a Director on 10 Dec 2018 & has been associated with this company since 7 years 19 days . was completed.

  • Director Appointment

    The activity Arundhati Sanjeev Shelgikar was appointed as a Director was appointed as a Director on 10 Dec 2018 & has been associated with this company since 7 years 19 days . was completed.

  • Director Appointment

    Sanjiv Krishnaji Shelgikar was appointed as a Director was appointed as a Director on 10 Feb 2015 & has been associated with this company since 10 years 10 months . was recorded as a recent event.

  • Director Appointment

    The activity Balkrishna Narayan Kulkarni was appointed as a Director was appointed as a Director on 12 Oct 2007 & has been associated with this company since 18 years 2 months . was completed.

Frequently Asked Questions

  • What is the CIN of Microcredit Initiative Of Grameen?

    The CIN of Microcredit Initiative Of Grameen is U01403MH2007NPL174981.

  • Where is Microcredit Initiative Of Grameen headquartered?

    Microcredit Initiative Of Grameen is headquartered at Suruchi, 320, Sakharam Sawant Marg, Vile Parle (East), Mumbai, Maharashtra, 400057.

  • When was Microcredit Initiative Of Grameen incorporated?

    Microcredit Initiative Of Grameen was incorporated on 12 October 2007.

  • Who are the current directors of Microcredit Initiative Of Grameen?

    The current directors of Microcredit Initiative Of Grameen are

  • What is the primary industry of Microcredit Initiative Of Grameen?

    The primary industry of Microcredit Initiative Of Grameen is Financial And Insurance Service.

  • Is Microcredit Initiative Of Grameen a listed company?

    Microcredit Initiative Of Grameen is unlisted.

  • What is the compliance status of Microcredit Initiative Of Grameen?

    The compliance status of Microcredit Initiative Of Grameen is Compliant.

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