Opportunity Microinsurance Development Centre
About Opportunity Microinsurance Development Centre
Data last updated:
Opportunity Microinsurance Development Centre is a private not for profit company based in Secunderabad, Telangana, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 16 August 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U67200TG2010NPL070005. Its GSTIN is 36AABCO3784H2Z8 (Telangana). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.65 Lakh. It is led by directors Sri Harsha Chintapally and Madhavi Choudary Raavi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Secunderabad, Telangana.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.26 Lakh, a decline of 62% compared to the previous year. For the same year it recorded a net loss of ₹12.72 Cr and EBITDA of -₹12.21 Cr. Revenue has declined at a compounded annual rate (CAGR) of 45% over three years and 42% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressUnit No. 405 – B 4th Floor, My Home Tycoon Kundanbagh, Secunderabad, Telangana, India – 500016
- IndustryFinancial Services, Diversified Financial Services
- 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 Opportunity Microinsurance Development Centre
The main business activity of Opportunity Microinsurance Development Centre 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 Opportunity Microinsurance Development Centre FY 2025 filings available
Opportunity Microinsurance Development Centre reported revenue of ₹1.26 Lakh (down 62% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Opportunity Microinsurance Development Centre
Revenue has declined at a compounded annual rate (CAGR) of 42% over five years, including a 62% fall in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Opportunity Microinsurance Development Centre
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹12.21 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹12.72 Cr | •••• | •••• | •••• | •••• |
| 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 Opportunity Microinsurance Development Centre
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Opportunity Microinsurance Development Centre 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 Opportunity Microinsurance Development Centre
Opportunity Microinsurance Development Centre is compared with the companies closest to it by revenue in the BFSI industry (Other Financial Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Adarsh Niketan Pvt Ltd | ₹1.27 Lakh (FY 2025) | •••• | •••• | 25.0% | •••• | Kolkata, West Bengal, India |
| Panache Overseas Private Limited | ₹1.27 Lakh (FY 2018) | •••• | •••• | 232.0% | •••• | New Delhi, Delhi, India |
| Findynamics Wealth Private Limited | ₹1.27 Lakh (FY 2024) | •••• | •••• | 164.0% | •••• | Tiruchengode, Tamil Nadu, India |
| Puthiya Sakthi Financial Services (Alangudi) Private Limited | ₹1.27 Lakh (FY 2022) | •••• | •••• | 39.0% | •••• | Pudukkottai, Tamil Nadu, India |
| Rishabh Fintrade Ltd | ₹1.26 Lakh (FY 2025) | •••• | •••• | -18.0% | •••• | Vadodara, Gujarat, India |
| Opportunity Microinsurance Development Centre this company | ₹1.26 Lakh (FY 2024) | •••• | •••• | -62.0% | •••• | Secunderabad, Telangana, India |
| Mulyankan Technocrate Private Limited | ₹1.26 Lakh (FY 2025) | •••• | •••• | 1054.0% | •••• | Patna, Bihar, India |
| RCMS Money Nidhi Limited | ₹1.26 Lakh (FY 2024) | •••• | •••• | 60.0% | •••• | Sadulpur, Rajasthan, India |
| Shree Sundha Anjani Nidhi Limited | ₹1.26 Lakh (FY 2025) | •••• | •••• | 86.0% | •••• | Sirohi, Rajasthan, India |
| Sisganj India Nidhi Limited | ₹1.26 Lakh (FY 2025) | •••• | •••• | -11.0% | •••• | New Delhi, Delhi, India |
| Sadgi Commercial and Finance Pvt Ltd | ₹1.26 Lakh (FY 2025) | •••• | •••• | 163.0% | •••• | Bankura, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Opportunity Microinsurance Development Centre by revenue in the BFSI industry (Other Financial Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Opportunity Microinsurance Development Centre
Opportunity Microinsurance Development Centre is audited by Musuluri & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Musuluri & Co | 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 Opportunity Microinsurance Development Centre
Opportunity Microinsurance Development Centre has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sri Harsha Chintapally Also directs: Healthy Indulgence Private Limited | Director | 18 Jul 2017 | 9 Years 2 Months | Current |
| Madhavi Choudary Raavi | Additional Director | 30 Oct 2024 | 1 Years 11 Months | Current |
Ownership and Shareholding of Opportunity Microinsurance Development Centre
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 Opportunity Microinsurance Development Centre
Opportunity Microinsurance Development Centre does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Opportunity Microinsurance Development Centre
Employment history and EPFO contributions of people linked to Opportunity Microinsurance Development Centre.
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.
CIN History of Opportunity Microinsurance Development Centre
Opportunity Microinsurance Development Centre has one previous CIN (Corporate Identification Number): U67200AP2010NPL070005. The current CIN is U67200TG2010NPL070005, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67200TG2010NPL070005 | Current |
| U67200AP2010NPL070005 | Previous |
Recent Activity on Opportunity Microinsurance Development Centre
Opportunity Microinsurance Development Centre has 9 board changes on record since 2017: 2 appointments and 7 cessations. The latest: Madhavi Choudary Raavi was appointed as Additional Director on 30 Oct 2024.
Credit Ratings, Litigation & Regulatory Alerts for Opportunity Microinsurance Development Centre
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 Opportunity Microinsurance Development Centre
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 Opportunity Microinsurance Development Centre
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 Opportunity Microinsurance Development Centre
Opportunity Microinsurance Development Centre has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AABCO3784H2Z8 | Telangana | Active | 24 Jan 2018 |
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 Opportunity Microinsurance Development Centre
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 Opportunity Microinsurance Development Centre
Opportunity Microinsurance Development Centre is an active private not for profit company based in Secunderabad, Telangana, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 16 August 2010 (16+ years old) and is registered under CIN U67200TG2010NPL070005.
Opportunity Microinsurance Development Centre reported revenue of ₹1.26 Lakh for FY 2024 (down 62% YoY).
Opportunity Microinsurance Development Centre has 2 current directors:
- Sri Harsha Chintapally - Director
- Madhavi Choudary Raavi - Additional Director
Opportunity Microinsurance Development Centre reported a net loss of ₹12.72 Cr and EBITDA of -₹12.21 Cr for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Opportunity Microinsurance Development Centre is -45% over three years and -42% over five years. In the latest year (FY 2024) revenue fell 62%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Opportunity Microinsurance Development Centre is 36AABCO3784H2Z8, registered in Telangana. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Opportunity Microinsurance Development Centre is U67200TG2010NPL070005. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Opportunity Microinsurance Development Centre was incorporated on 16 August 2010, making it 16+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Opportunity Microinsurance Development Centre by revenue are Adarsh Niketan Pvt Ltd, Panache Overseas Private Limited, Findynamics Wealth Private Limited, Puthiya Sakthi Financial Services (Alangudi) Private Limited, Rishabh Fintrade Ltd and 5 more, all in the BFSI industry (Other Financial Services).
Madhavi Choudary Raavi was appointed as Additional Director on 30 Oct 2024. Vamsi Mohan Yarlagadda ceased to be Additional Director on 29 Sep 2024. Dhandu Surya Sumanth ceased to be Director on 30 Sep 2022. Opportunity Microinsurance Development Centre has 9 board changes on record in total.
The registered office of Opportunity Microinsurance Development Centre is at Unit No. 405 – B 4th Floor, My Home Tycoon Kundanbagh, Secunderabad, Telangana, India – 500016.