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Right Choice Micro Finance - Company Profile

It is a financial services public not for profit company based in Pondicherry, Pondicherry, India, established in 2008.

2008 | Pondicherry, Pondicherry, India | Active
Last Updated:

About Right Choice Micro Finance

Right Choice Micro Finance, a active public not for profit company, was established on 25 April 2008 in Pondicherry, Pondicherry, India. Engaging in financial activities within the financial and insurance service sector, it holds CIN: U65191PY2008NPL002166. Registered under ROC Roc Pondicherry. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹0.50 M.

Formerly known as Right Choice Micro Finance Limited. It upholds a compliant status. Its leadership includes Antonisamy Attukaran Savarimuthu (Director), Francis Mathias Tagore (Managing Director), Theresa Katherine (Director). Past directors included Muthunallappa Bernard Mercy Amalorpavam, Francis Mathias Tagore, Boniface Julien. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 115 Needarajapaiyer Street, Pondicherry, Pondicherry, 605001.

Company Details

  • CIN/LLPIN

    U65191PY2008NPL002166

  • Registration Number

    002166

  • Incorporation Date

    25 April 2008

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹0.50 M

  • ROC Code

    Roc Pondicherry

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 17 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth %
  • Profit Growth -45.88%
  • Ebitda 64.93%
  • Net Worth -6.28%
  • Total Assets %
Company report

Right Choice Micro Finance

Company Report FY 2025-2026

Explore comprehensive insights into Right Choice Micro Finance — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Right Choice Micro Finance?

Current Directors

NameDesignationAppointment DateStatus
Antonisamy Attukaran SavarimuthuDirector14 Mar 2016Current
Francis Mathias TagoreManaging Director25 Apr 2008Current
Theresa KatherineDirector18 Nov 2021Current
Mariadas AloysiusDirector18 Aug 2018Current
Ambrose Anjalamary Anthony YuginDirector14 Mar 2016Current
Vanathyan Mercy AnjalaDirector14 Mar 2016Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector14 Mar 2016Past
Pramod AbcsddDirector25 Apr 2008Past
Pramod AbcsddDirector12 May 2021Past
Pramod AbcsddDirector14 Mar 2016Past
Pramod AbcsddWhole-Time Director25 Apr 2008Past
Pramod AbcsddAdditional Director29 Sep 2018Past

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Financial Performance of Right Choice Micro Finance.

Right Choice Micro Finance, for the financial year ended 2020, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 45.88% decrease in profit. The company's net worth dipped by a decrease of 6.28%.

Right Choice Micro Finance revenue growth over time
Right Choice Micro Finance profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
Revenue from Operations
Total Assets
Profit or Loss
-45.88%
Net Worth
-6.28%
EBITDA
64.93%

What is the Ownership and Shareholding Structure of Right Choice Micro Finance?

In 2017, Right Choice Micro Finance had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

There are no open charges registered against the company as per our records.

How Many Employees Work at Right Choice Micro Finance?

Unlock and access historical data on people associated with Right Choice Micro Finance, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Right Choice Micro Finance

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Right Choice Micro Finance, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Right Choice Micro Finance's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Right Choice Micro Finance

Recent Activity within the Organization

  • Annual General Meeting

    The activity Right Choice Micro Finance last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Right Choice Micro Finance has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pondicherry. was completed.

  • Director Appointment

    Theresa Katherine was appointed as a Director was appointed as a Director on 18 Nov 2021 & has been associated with this company since 4 years 29 days . was recorded as a recent event.

  • Director Appointment

    Progress on Mariadas Aloysius was appointed as a Director was appointed as a Director on 18 Aug 2018 & has been associated with this company since 7 years 4 months . was documented.

  • Director Appointment

    The activity Antonisamy Attukaran Savarimuthu was appointed as a Director was appointed as a Director on 14 Mar 2016 & has been associated with this company since 9 years 9 months . was completed.

  • Director Appointment

    Progress on Ambrose Anjalamary Anthony Yugin was appointed as a Director was appointed as a Director on 14 Mar 2016 & has been associated with this company since 9 years 9 months . was documented.

Frequently Asked Questions

  • What is the CIN of Right Choice Micro Finance?

    The CIN of Right Choice Micro Finance is U65191PY2008NPL002166.

  • Where is Right Choice Micro Finance headquartered?

    Right Choice Micro Finance is headquartered at 115 Needarajapaiyer Street, Pondicherry, Pondicherry, 605001.

  • When was Right Choice Micro Finance incorporated?

    Right Choice Micro Finance was incorporated on 25 April 2008.

  • Who are the current directors of Right Choice Micro Finance?

    The current directors of Right Choice Micro Finance are

  • What is the primary industry of Right Choice Micro Finance?

    The primary industry of Right Choice Micro Finance is Financial And Insurance Service.

  • Is Right Choice Micro Finance a listed company?

    Right Choice Micro Finance is unlisted.

  • What is the capital structure of Right Choice Micro Finance?

    The authorized capital of Right Choice Micro Finance is ₹1.00 M, and the paid-up capital is ₹0.50 M.

  • What is the compliance status of Right Choice Micro Finance?

    The compliance status of Right Choice Micro Finance is Compliant.

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