About MV Microfin Private Limited
Data last updated:
MV Microfin Private Limited was a private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Credit Access Asia Nv. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 23 August 1996.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1996PTC021029. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹40 Cr and a paid-up capital of ₹4.84 Cr. It was led by directors including Bhagirath Iyer and Christian Banno.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at No. 49 46th Cross 8th Block Jayanagar, Bangalore, Karnataka, India – 560071.
As per the financials filed for FY 2017, the company reported a revenue of ₹3.17 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net loss of ₹16.3 Lakh (net margin -5.1%) and EBITDA of ₹2.78 Cr (EBITDA margin 87.8%).
The company has 1 deal on record (1 funding round); the latest was in August 2009. Its 10 peer companies in the BFSI industry (NBFC) are compared by revenue, 5 larger and 5 smaller; the largest is 4Fin Finance Private Limited.
The last known website on record is micro-ventures.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo. 49 46th Cross 8th Block Jayanagar, Bangalore, Karnataka, India – 560071
- IndustryFinancial Services, NBFC
- 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
- One PDF report, delivered after checkout
Business Activity of MV Microfin Private Limited
The main business activity of MV Microfin is financial and insurance service. In detail, this covers 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
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of MV Microfin Private Limited FY 2017 filings available
MV Microfin Private Limited reported revenue of ₹3.17 Cr (down 23% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR) of MV Microfin Private Limited
Revenue fell 23% in the latest year. EBITDA rose 3% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of MV Microfin Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| 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 | ₹2.78 Cr | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹16.3 Lakh | •••• | •••• |
| 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 of MV Microfin Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 87.8% | •••• | •••• |
| Net Profit Margin | -5.1% | •••• | •••• |
| 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 | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of MV Microfin are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of MV Microfin Private Limited
MV Microfin Private Limited is compared with the companies closest to it by revenue in the BFSI industry (NBFC). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 4Fin Finance Private Limited | •••• | •••• | •••• | •••• | 14 | Pune, Maharashtra, India |
| Wall Street Fincap Services Private Limited | •••• | •••• | •••• | •••• | - | Sadar, Uttar Pradesh, India |
| Bharat Fincare Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Arham Securities Pvt.Ltd. | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Rovo Marketing Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| MV Microfin Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Right Debt Management Services Private Limited | •••• | •••• | •••• | •••• | 22 | Ahmedabad, Gujarat, India |
| Shree Laxmi Agents Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Dicord Commodeal Pvt Ltd | •••• | •••• | •••• | •••• | - | Bahadurgarh, Haryana, India |
| Suntreck Finance Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Purbasha Foods Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below MV Microfin by revenue in the BFSI industry (NBFC), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of MV Microfin Private Limited
MV Microfin Private Limited is audited by WALKERCHANDIOK&CO LLP for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| WALKERCHANDIOK&CO LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of MV Microfin Private Limited
MV Microfin has 5 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anal Jain Kumar Also directs: Dvara Solutions Private Limited | Alternate Director | 28 Sep 2017 | 9 Years 0 Months | As last reported |
| Bhagirath Iyer | Director | 11 Dec 2012 | 13 Years 9 Months | As last reported |
| Christian Banno | Director | 27 Jul 2009 | 17 Years 2 Months | As last reported |
| Ram Diwakar Boddupalli Also directs: Creditaccess Life Insurance Limited | Director | 06 Jul 2017 | 9 Years 3 Months | As last reported |
| Paolo Brichetti Also directs: Creditaccess Grameen Limited | Director | 18 Nov 2011 | 14 Years 10 Months | As last reported |
Ownership and Shareholding of MV Microfin Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of MV Microfin Private Limited
MV Microfin Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of MV Microfin Private Limited
MV Microfin Private Limited has 1 deal on record (1 funding round); the latest was in August 2009.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2009 | Funding round | Undisclosed | Investors: an individual |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at MV Microfin Private Limited
Employment history and EPFO contributions of people linked to MV Microfin.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on MV Microfin Private Limited
MV Microfin Private Limited has 18 board changes on record since 2008: 5 appointments and 13 cessations. The latest: Ram Diwakar Boddupalli ceased to be Additional Director on 29 Sep 2017.
9 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for MV Microfin Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- 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 MV Microfin Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- 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 MV Microfin Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of MV Microfin Private Limited
MV Microfin has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of MV Microfin Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about MV Microfin Private Limited
MV Microfin has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
MV Microfin was a private limited company based in Bangalore, Karnataka, India. The company worked in nbfc, within the financial services industry. It was incorporated on 23 August 1996 and is registered under CIN U85110KA1996PTC021029. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
MV Microfin was incorporated on 23 August 1996. It is registered with the Registrar of Companies, Bangalore.
MV Microfin had 5 directors:
- Anal Jain Kumar - Alternate Director
- Bhagirath Iyer - Director
- Christian Banno - Director
- Ram Diwakar Boddupalli - Director
- Paolo Brichetti - Director
The CIN (Corporate Identification Number) of MV Microfin is U85110KA1996PTC021029. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of MV Microfin is at No. 49 46th Cross 8th Block Jayanagar, Bangalore, Karnataka, India – 560071.
MV Microfin can be reached through the website micro-ventures.in. Its registered office is in Bangalore, Karnataka, India.
MV Microfin reported revenue of ₹3.17 Cr for FY 2017 (down 23% YoY).
MV Microfin has an authorised share capital of ₹40 Cr and a paid-up capital of ₹4.84 Cr.
MV Microfin reported a net loss of ₹16.3 Lakh (net margin -5.1%) and EBITDA of ₹2.78 Cr (EBITDA margin 87.8%) for FY 2017, as per its filed financial statements.
No. MV Microfin has 1 GST registration on record and it is cancelled or inactive.