Prashray Foundation for Micro Credit

Prashray Foundation for Micro Credit - financial services in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
CIN U65929MP2017NPL043719 Incorporated 12 July 2017 ROC Gwalior HQ Indore, Madhya Pradesh, India
Active Private Not For Profit Company financial services DPIIT Startup MSME · Micro
Revenue · FY 2025
₹75.85 Lakh
▲ 31% YoY
Net loss · FY 2025
₹26.59 Lakh
Net margin -35.1%
EBITDA · FY 2025
₹15.61 Lakh
EBITDA margin 20.6%
Authorised capital
₹49 Lakh
Registered with MCA
Paid-up capital
₹40.7 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Prashray Foundation for Micro Credit

Data last updated:

Prashray Foundation for Micro Credit is a private not for profit company based in Indore, Madhya Pradesh, India, recognised as a startup by DPIIT. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 12 July 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U65929MP2017NPL043719. Its GSTIN is 23AAJCP3031G1ZT (Madhya Pradesh).

The company has an authorised share capital of ₹49 Lakh and a paid-up capital of ₹40.7 Lakh. It is led by directors Amit Kumar Sharma and Deepika Kukreti.

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 11/Cg Scheme – 74C Vijaynagar, Indore, Madhya Pradesh, India – 452010.

As per the financials filed for FY 2025, the company reported a revenue of ₹75.85 Lakh, a growth of 31% compared to the previous year. For the same year it recorded a net loss of ₹26.59 Lakh (net margin -35.1%) and EBITDA of ₹15.61 Lakh (EBITDA margin 20.6%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 19% over five years.

The company is associated with 1 brand: Prashray.

Prashray Foundation for Micro Credit is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0008962). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website prashray.org.

Company details

CIN U65929MP2017NPL043719
Registration Number 043719
Incorporation Date 12 July 2017
ROC Gwalior
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MP-23-0008962

Recognitions & Rankings of Prashray Foundation for Micro Credit

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MP-23-0008962

Contact details

Prashray Foundation for Micro Credit's registered office is in Indore, Madhya Pradesh. Its website is prashray.org. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    11/Cg Scheme – 74C Vijaynagar, Indore, Madhya Pradesh, India – 452010
  • Industry
    Financial Services, Other Financial Intermediation, Credit Allocation Agencies, Pawn Shops

To see the full contact details of Prashray Foundation for Micro Credit, buy the company report.

Comprehensive company report
Prashray Foundation for Micro Credit - one report that includes everything
  • 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
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Brands

Prashray Foundation for Micro Credit operates one associated brand: Prashray. Each brand links to its own profile.

BrandDescriptionWebsite
Micro credit services and foundation operations in Indore.prashray.org

Business activity

The main business activity of Prashray Foundation for Micro Credit is financial and insurance service. In detail, this covers other financial activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK8Other financial activities

To see the full business activity and turnover split of Prashray Foundation for Micro Credit, buy the company report.

Financials of Prashray Foundation for Micro Credit

FY 2025 filings available

Prashray Foundation for Micro Credit reported revenue of ₹75.85 Lakh (up 31% YoY) for FY 2025.

Revenue · FY 2025
₹75.85 Lakh ▲ 31%
Net loss · FY 2025
₹26.59 Lakh margin -35.1%
EBITDA · FY 2025
₹15.61 Lakh margin 20.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 31%
3 years · compounded
▲ 10%
5 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▼ 13%
3 years · compounded
▼ 19%
5 years · compounded
▼ 5%

Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 31% growth in the latest year. EBITDA fell 13% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹15.61 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹26.59 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin20.6%
Net Profit Margin-35.1%
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

To see the full financial statements and ratios of Prashray Foundation for Micro Credit, buy the company report.

Board of directors of Prashray Foundation for Micro Credit

Prashray Foundation for Micro Credit has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Amit Kumar SharmaDirector01 Mar 20215 Years 8 MonthsCurrent
Deepika KukretiDirector12 Jul 20179 Years 4 MonthsCurrent

Peer comparison

Prashray Foundation for Micro Credit is compared with the 9 companies closest to it by revenue in the same principal business activity (other financial activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Unputdownable Securities Private Limited₹75.88 Lakh (FY 2021)180.0%Kolkata, West Bengal, India
Shanti Gopal Finance Associates Private Limited₹75.87 Lakh (FY 2025)1.0%Delhi, India
Mallcom Holdings Pvt Ltd₹75.86 Lakh (FY 2024)-45.0%Kolkata, West Bengal, India
Janasevana Nidhi Limited₹75.86 Lakh (FY 2025)-16.0%Palakkad, Kerala, India
Prashray Foundation for Micro Creditthis company₹75.85 Lakh (FY 2025)-₹26.59 Lakh-35.1%31.0%Indore, Madhya Pradesh, India
Moonshine Vanijya Pvt.Ltd.₹75.83 Lakh (FY 2019)-16.0%Kolkata, West Bengal, India
Goranath Mercantile Private Limited₹75.83 Lakh (FY 2025)56.0%Kolkata, West Bengal, India
Mecspert Systems Private Limited₹75.83 Lakh (FY 2025)-4.0%New Delhi, Delhi, India
Jogulamba Gadwala Chitfund Private Limited₹75.76 Lakh (FY 2025)1.0%Shamshabad, Telangana, India
Chopra Automobile Finance Pvt Ltd₹75.76 Lakh (FY 2025)17.0%Hyderabad, Telangana, India

To see the full peer comparison of Prashray Foundation for Micro Credit, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Prashray Foundation for Micro Credit; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Prashray Foundation for Micro Credit has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
23AAJCP3031G1ZTMadhya PradeshActive07 Sep 2021

To see the full GST registrations and return filing status of Prashray Foundation for Micro Credit, buy the company report.

Recent activity

Prashray Foundation for Micro Credit has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Amit Kumar Sharma ceased to be Additional Director on 30 Nov 2021.

AGM
Prashray Foundation For Micro Credit last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Prashray Foundation For Micro Credit has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Ceased
Amit Kumar Sharma ceased to be Additional Director.
Ceased
Raman Dashottar ceased to be Director.
Appointed
Amit Kumar Sharma was appointed as Director.
Appointed
Deepika Kukreti was appointed as Director.
Incorporation
12 Jul 2017
Prashray Foundation For Micro Credit was registered on 12 Jul 2017 with Roc Gwalior & aged 9 years 4 months as per MCA records.

Frequently asked questions

Prashray Foundation for Micro Credit is an active private not for profit company based in Indore, Madhya Pradesh, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 12 July 2017 (9+ years old) and is registered under CIN U65929MP2017NPL043719.

Prashray Foundation for Micro Credit has 2 current directors:

The latest financial statements of Prashray Foundation for Micro Credit on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.

The GSTIN of Prashray Foundation for Micro Credit is 23AAJCP3031G1ZT, registered in Madhya Pradesh.

The CIN (Corporate Identification Number) of Prashray Foundation for Micro Credit is U65929MP2017NPL043719. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Prashray Foundation for Micro Credit was incorporated on 12 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Gwalior.

The peers of Prashray Foundation for Micro Credit by revenue are Unputdownable Securities Private Limited, Shanti Gopal Finance Associates Private Limited, Mallcom Holdings Pvt Ltd, Janasevana Nidhi Limited, Moonshine Vanijya Pvt.Ltd. and 4 more, all in the same principal business activity (other financial activities).

Amit Kumar Sharma ceased to be Additional Director on 30 Nov 2021. Raman Dashottar ceased to be Director on 25 Mar 2021. Amit Kumar Sharma was appointed as Director on 01 Mar 2021. Prashray Foundation for Micro Credit has 4 board changes on record in total.

Yes, Prashray Foundation for Micro Credit is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Prashray Foundation for Micro Credit is registered as a micro enterprise under Udyam registration (number: UDYAM-MP-23-0008962).

Prashray Foundation for Micro Credit can be reached through the website prashray.org. Its registered office is in Indore, Madhya Pradesh, India.