Rival Micro Finance Foundation
About Rival Micro Finance Foundation
Data last updated:
Rival Micro Finance Foundation is a private not for profit company based in Amravati, Maharashtra, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 09 November 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U65999MH2016NPL287545.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kamalabai Miraglal Waghmare and Nitin Miraglalji Waghamare.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Near Raju Linarese House Ramabai Ambedkar Nagar Vmv, Amravati, Maharashtra, India – 444604.
As per the financials filed for FY 2019, the company reported a revenue of ₹10,578, a growth of 43% compared to the previous year. For the same year it recorded a net loss of ₹13,905 (net margin -131.5%) and EBITDA of -₹9,302 (EBITDA margin -87.9%).
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressNear Raju Linarese House Ramabai Ambedkar Nagar Vmv, Amravati, Maharashtra, India – 444604
- IndustryFinancial Services, Other Financial Intermediation
- 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 Rival Micro Finance Foundation
The main business activity of Rival Micro Finance Foundation 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 Rival Micro Finance Foundation FY 2019 filings available
Rival Micro Finance Foundation reported revenue of ₹10,578 (up 43% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Rival Micro Finance Foundation
Revenue rose 43% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Rival Micro Finance Foundation
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| 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 | -₹9,302 | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹13,905 | •••• | •••• |
| 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 Rival Micro Finance Foundation
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -87.9% | •••• | •••• |
| Net Profit Margin | -131.5% | •••• | •••• |
| 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 Rival Micro Finance Foundation are in the company report.
Financial statements from FY 2017
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 Rival Micro Finance Foundation
Rival Micro Finance Foundation is compared with the companies closest to it by revenue in the BFSI industry (Finance, Micro Finance). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Epopee Finance Private Limited | ₹11,000 (FY 2018) | •••• | •••• | -8.0% | •••• | New Delhi, Delhi, India |
| Worldsun Micro Finance | ₹11,000 (FY 2024) | •••• | •••• | •••• | Lucknow, Uttar Pradesh, India | |
| New Finance and Credit Corporation Pvt Ltd | ₹10,802 (FY 2025) | •••• | •••• | 5.0% | •••• | Punjab, India |
| Genesis Chit Fund Private Limited | ₹10,733 (FY 2025) | •••• | •••• | 8.0% | •••• | Haryana, India |
| Invex KKD Nidhi Limited | ₹10,700 (FY 2023) | •••• | •••• | •••• | Kozhikode, Kerala, India | |
| Rival Micro Finance Foundation this company | ₹10,578 (FY 2019) | •••• | •••• | 43.0% | •••• | Amravati, Maharashtra, India |
| Indequip Leasing and Finance Private Limited | ₹10,576 (FY 2024) | •••• | •••• | 48.0% | •••• | New Delhi, Delhi, India |
| Sadguru Krupa Leasing and Finance Co Pvt Ltd | ₹10,500 (FY 2022) | •••• | •••• | -9.0% | •••• | Nadiad, Gujarat, India |
| G.S.Leasing and Finance Private Limited | ₹10,491 (FY 2020) | •••• | •••• | -74.0% | •••• | Gadarwara, Madhya Pradesh, India |
| Anant Shree Yogeshwar Real Estate & Finance Consultant Private Limited | ₹10,329 (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Shasa Finance & Investment Pvt Ltd | ₹10,230 (FY 2025) | •••• | •••• | -96.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Rival Micro Finance Foundation by revenue in the BFSI industry (Finance, Micro Finance), 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 Rival Micro Finance Foundation
Rival Micro Finance Foundation is audited by R R KHANDEWLWAL AND COMPANY for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R R KHANDEWLWAL AND COMPANY | 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 Rival Micro Finance Foundation
Rival Micro Finance Foundation has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamalabai Miraglal Waghmare Also directs: Rival Nidhi Limited | Director | 09 Nov 2016 | 9 Years 11 Months | Current |
| Nitin Miraglalji Waghamare Also directs: Rival Nidhi Limited | Director | 09 Nov 2016 | 9 Years 11 Months | Current |
Ownership and Shareholding of Rival Micro Finance Foundation
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 Rival Micro Finance Foundation
Rival Micro Finance Foundation does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Rival Micro Finance Foundation
Employment history and EPFO contributions of people linked to Rival Micro Finance Foundation.
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.
Recent Activity on Rival Micro Finance Foundation
Rival Micro Finance Foundation has 2 board changes on record since 2016: 2 appointments. The latest: Kamalabai Miraglal Waghmare was appointed as Director on 09 Nov 2016.
Credit Ratings, Litigation & Regulatory Alerts for Rival Micro Finance Foundation
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 Rival Micro Finance Foundation
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 Rival Micro Finance Foundation
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 Rival Micro Finance Foundation
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 Rival Micro Finance Foundation
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 Rival Micro Finance Foundation
Rival Micro Finance Foundation is an active private not for profit company based in Amravati, Maharashtra, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 09 November 2016 (10+ years old) and is registered under CIN U65999MH2016NPL287545.
Rival Micro Finance Foundation reported revenue of ₹10,578 for FY 2019 (up 43% YoY).
Rival Micro Finance Foundation has 2 current directors:
- Kamalabai Miraglal Waghmare - Director
- Nitin Miraglalji Waghamare - Director
Rival Micro Finance Foundation reported a net loss of ₹13,905 (net margin -131.5%) and EBITDA of -₹9,302 (EBITDA margin -87.9%) for FY 2019, as per its filed financial statements.
The CIN (Corporate Identification Number) of Rival Micro Finance Foundation is U65999MH2016NPL287545. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rival Micro Finance Foundation was incorporated on 09 November 2016, making it 10+ years old. It is registered with the Registrar of Companies, Nagpur.
The peers of Rival Micro Finance Foundation by revenue are Epopee Finance Private Limited, Worldsun Micro Finance, New Finance and Credit Corporation Pvt Ltd, Genesis Chit Fund Private Limited, Invex KKD Nidhi Limited and 5 more, all in the BFSI industry (Finance, Micro Finance).
Kamalabai Miraglal Waghmare was appointed as Director on 09 Nov 2016. Nitin Miraglalji Waghamare was appointed as Director on 09 Nov 2016.
The registered office of Rival Micro Finance Foundation is at Near Raju Linarese House Ramabai Ambedkar Nagar Vmv, Amravati, Maharashtra, India – 444604.
Rival Micro Finance Foundation has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Rival Micro Finance Foundation operates in the financial services industry, in the other financial intermediation segment.