About RGVN (North East) Microfinance Limited
Data last updated:
RGVN (North East) Microfinance Limited was a public limited company based in Guwahati, Assam, India. 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 18 July 2008.
The company was registered with the Registrar of Companies (ROC), Guwahati, under CIN U65923AS2008PLC008742. The company has 7 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹100 Cr and a paid-up capital of ₹70.34 Cr. It was led by directors including Kaberi Bhuyan and Ramanathan Annamalai.
Its last annual general meeting (AGM) was held on 25 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Guwahati, Assam.
The company had about 4 employees on its provident fund (EPFO) records before it was dissolved. Its group structure included 1 subsidiary.
The company was associated with 1 brand: RGVN (Northeast) Microfinance Limited. As per MCA filings, the company had satisfied charges of ₹1,441.09 Cr on record. The company has 14 deals on record (8 funding rounds, 3 secondary share transfers, 2 debt financings), with disclosed funding of ₹343.1 Cr; the latest was in September 2021.
The last known website on record is rgvnnemfl.com.
Company details
Contact details
RGVN (North East) Microfinance Limited's registered office is in Guwahati, Assam. Its website is rgvnnemfl.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressH. No.05 2nd Floor Nandanpur Path Basistha Road Opp. Bhabendra Alay P.O. Beltola P.S., Hatigaon, Guwahati, Assam, India – 781028
- IndustryFinancial Services, NBFC, Core Investment Companies
To see the full contact details of RGVN (North East) Microfinance Limited, 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
Brands
RGVN (North East) Microfinance operates one associated brand: RGVN (Northeast) Microfinance Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Micro-credit is extended to underserved populations in Northeast India. | rgvnnemfl.com |
Business activity
The main business activity of RGVN (North East) Microfinance is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of RGVN (North East) Microfinance Limited, buy the company report.
Financials of RGVN (North East) Microfinance Limited
FY 2024 filings availableRGVN (North East) Microfinance Limited reported revenue of ₹1,525 for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 94% over five years. 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
| 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 | |||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | |||||
| 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
| 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 | |||||
To see the full financial statements and ratios of RGVN (North East) Microfinance Limited, buy the company report.
Board of directors of RGVN (North East) Microfinance Limited
RGVN (North East) Microfinance has 7 current directors and 35 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Malvika Poddar Also directs: Redhill Estates and Projects LLP, Matterhorn Enterprises LLP, Ozymandiaz Valley Enterprises LLP and 3 more | Nominee Director | 22 Oct 2022 | 4 Years 0 Months | As last reported |
| Smriti Chandra Also directs: Corundum Consultants LLP, Berar Finance Limited, Credright Finance Private Limited and 3 more | Nominee Director | 29 May 2020 | 6 Years 5 Months | As last reported |
| Srijib Kumar Baruah | Nominee Director | 28 Jul 2011 | 15 Years 3 Months | As last reported |
| Manish Purshottam Thakkar | Nominee Director | 25 May 2018 | 8 Years 5 Months | As last reported |
| Pradeep Kumar Nath Also directs: Bhabani Prabir Polymers Private Limited | Nominee Director | 08 Jun 2022 | 4 Years 5 Months | As last reported |
| Kaberi Bhuyan | Director | 14 Feb 2019 | 7 Years 8 Months | As last reported |
Auditor
RGVN (North East) Microfinance Limited is audited by MSKA AND ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MSKA AND ASSOCIATES | FY 2019 | 105047W |
Shareholding
The shareholding of RGVN (North East) Microfinance Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of RGVN (North East) Microfinance Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Sep 2017 | 100129080 | Others | ₹60 Cr | Satisfied | |
| 11 Aug 2017 | 100118069 | Others | ₹50 Cr | Satisfied | |
| 24 Jul 2017 | 100122960 | Hdfc Bank Limited | ₹25 Cr | Satisfied | |
| 30 Jun 2017 | 100114891 | Others | ₹50 Cr | Satisfied | |
| 28 Mar 2017 | 100088050 | Others | ₹40 Cr | Satisfied |
To see the full charge records of RGVN (North East) Microfinance Limited, buy the company report.
Total charge records: 68 View all charges
Deals & funding
RGVN (North East) Microfinance Limited has 14 deals on record (8 funding rounds, 3 secondary share transfers, 2 debt financings), with disclosed funding of ₹343.1 Cr; the latest was in September 2021.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2021 | Secondary share transfer | Undisclosed | Buyer: Micro Unit Development & Refinance Agency Ltd Seller: SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Rgvn Mutual Benefit Trust - Goalpara, Rgvn Mutual Benefit Trust - Mangaldoi, RGVN Mutual Benefit Trust - Guwahati Seller: 4 individuals |
| Oct 2017 | Funding round | ₹49.64 Cr | Investors: Bajaj Life Insurance Limited , Dia Vikas Capital, Lumis Partners |
| Aug 2017 | Debt financing | ₹98 Cr | Investors: Hinduja Leyland Finance Limited , an individual |
| Mar 2011 | Funding round | ₹13 Cr | Investors: Dia Vikas Capital, North Eastern Development Finance Corporation Limited , SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA |
To see the full deal history of RGVN (North East) Microfinance Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving RGVN (North East) Microfinance Limited 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 RGVN (North East) Microfinance Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
RGVN (North East) Microfinance has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| North East Small Finance Bank Limited | U65100AS2016PLC017505 |
To see the full group structure of RGVN (North East) Microfinance Limited, buy the company report.
Employees & EPFO
RGVN (North East) Microfinance Limited has a workforce of 4 employees on its EPFO records as of Apr 07, 2025, across 1 active EPFO establishment.
GST
RGVN (North East) Microfinance has 7 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of RGVN (North East) Microfinance Limited, buy the company report.
Recent activity
RGVN (North East) Microfinance Limited has 37 board changes on record since 2010: 7 appointments and 30 cessations. The latest: Yashodhara Bakliwal ceased to be Nominee Director on 12 Jul 2024.
167 earlier events are in the company report.
News
Frequently asked questions
RGVN (North East) Microfinance 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.
RGVN (North East) Microfinance was a public limited company based in Guwahati, Assam, India. The company worked in nbfc, within the financial services industry. It was incorporated on 18 July 2008 and is registered under CIN U65923AS2008PLC008742. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
RGVN (North East) Microfinance was incorporated on 18 July 2008. It is registered with the Registrar of Companies, Guwahati.
RGVN (North East) Microfinance had 7 directors:
- Malvika Poddar - Nominee Director
- Smriti Chandra - Nominee Director
- Srijib Kumar Baruah - Nominee Director
- Manish Purshottam Thakkar - Nominee Director
- Pradeep Kumar Nath - Nominee Director
- Kaberi Bhuyan - Director
- Ramanathan Annamalai - Director
The CIN (Corporate Identification Number) of RGVN (North East) Microfinance is U65923AS2008PLC008742. 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 RGVN (North East) Microfinance is at H. No.05 2nd Floor Nandanpur Path Basistha Road Opp. Bhabendra Alay P.O. Beltola P.S., Hatigaon, Guwahati, Assam, India – 781028.
RGVN (North East) Microfinance can be reached through the website rgvnnemfl.com. Its registered office is in Guwahati, Assam, India.
The latest financial statements of RGVN (North East) Microfinance on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 25 September 2024. Year-wise statements from 2015 are in the company report.
No. RGVN (North East) Microfinance has 7 GST registrations on record and all of them are cancelled or inactive.
RGVN (North East) Microfinance operated in the financial services industry, in the nbfc segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
