Navodit Foundation
About Navodit Foundation
Data last updated:
Navodit Foundation is a private not for profit company based in Varanasi, Uttar Pradesh, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 18 November 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U85300UP2021NPL155679. Its GSTIN is 09AAHCN9329B1ZC (Uttar Pradesh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Anamika Devi and Rishabh Pandey.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Varanasi, Uttar Pradesh.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.85 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹3.57 Cr (net margin -52.1%) and EBITDA of ₹21.85 Lakh (EBITDA margin 3.2%).
The company has about 133 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.8 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Navodit Foundation's registered office is in Varanasi, Uttar Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressSa 15/121, Mawaiya, Varanasi, Uttar Pradesh, India – 221007
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Navodit Foundation, buy the company report.
- 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
Business activity
The main business activity of Navodit Foundation is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Navodit Foundation, buy the company report.
Financials of Navodit Foundation
FY 2024 filings availableNavodit Foundation reported revenue of ₹6.85 Cr (up 527% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 527% in the latest year. EBITDA rose 132% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | ₹21.85 Lakh | ||
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| Net Profit (PAT) | -₹3.57 Cr | ||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Profitability | |||
| EBITDA Margin | 3.2% | ||
| Net Profit Margin | -52.1% | ||
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To see the full financial statements and ratios of Navodit Foundation, buy the company report.
Board of directors and KMP of Navodit Foundation
Navodit Foundation currently reports 4 directors and 1 key managerial person. 4 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prabhat Kumar | Ceo | 21 Feb 2022 | 4 Years 8 Months | Current |
| Anamika Devi Also directs: Kinda Solutions Private Limited | Director | 18 Nov 2021 | 4 Years 11 Months | Current |
| Anamika Kumari Also directs: Cosmos Staffing Solutions Private Limited | Additional Director | 18 Nov 2021 | 4 Years 11 Months | Current |
| Rishabh Pandey | Director | 04 Dec 2024 | 1 Years 10 Months | Current |
| Vinay Kumar Singh | Director | 05 Aug 2022 | 4 Years 2 Months | Current |
Auditor
Navodit Foundation is audited by MANOJ KUMAR KESHARI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANOJ KUMAR KESHARI | FY 2023 | 423677 |
Shareholding
The shareholding of Navodit Foundation is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Navodit Foundation, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Dec 2023 | 100865443 | Others | ₹1.8 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Navodit Foundation are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Navodit Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Navodit Foundation has a workforce of 133 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Navodit Foundation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAHCN9329B1ZC | Uttar Pradesh | Active | 24 Jun 2022 |
To see the full GST registrations and return filing status of Navodit Foundation, buy the company report.
Recent activity
Navodit Foundation has 9 board changes on record since 2021: 5 appointments and 4 cessations. The latest: Rishabh Pandey was appointed as Director on 04 Dec 2024.
1 earlier event is in the company report.
Frequently asked questions
Navodit Foundation is an active private not for profit company based in Varanasi, Uttar Pradesh, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 18 November 2021 (5+ years old) and is registered under CIN U85300UP2021NPL155679.
Navodit Foundation has 5 current directors and KMP:
- Anamika Devi - Director
- Anamika Kumari - Additional Director
- Rishabh Pandey - Director
- Vinay Kumar Singh - Director
- Prabhat Kumar - Ceo
The latest financial statements of Navodit Foundation on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Navodit Foundation is 09AAHCN9329B1ZC, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Navodit Foundation is U85300UP2021NPL155679. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Navodit Foundation was incorporated on 18 November 2021, making it 5+ years old. It is registered with the Registrar of Companies, Kanpur.
Rishabh Pandey was appointed as Director on 04 Dec 2024. Krishna Kant Pandey ceased to be Director on 08 Aug 2024. Anamika Kumari ceased to be Director on 27 Jun 2024. Navodit Foundation has 9 board changes on record in total.
The registered office of Navodit Foundation is at Sa 15121, Mawaiya, Varanasi, Uttar Pradesh, India – 221007.
Navodit Foundation operates in the financial services industry, in the microfinance institutions segment.
Navodit Foundation has open charges of ₹1.8 Cr and no satisfied charges on record as per latest MCA filings.