Shagun Micro Finance Association
About Shagun Micro Finance Association
Data last updated:
Shagun Micro Finance Association is a private not for profit company based in Lucknow, Uttar Pradesh, India. It operates in the financial auxiliary services segment of the financial services sector. It was incorporated on 18 October 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U67190UP2016NPL087150.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Mohammad Tabrez Alam and Dinesh Kumar Verma.
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 Lucknow, Uttar Pradesh.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.05 Lakh, a growth of 130% compared to the previous year. For the same year it recorded a net loss of ₹31.17 Lakh (net margin -155.5%) and EBITDA of -₹31.06 Lakh (EBITDA margin -154.9%).
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Shagun Micro Finance Association's registered office is in Lucknow, Uttar Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressM – 21 Sector D – 1, Lda Colony Kanpur Road, Lucknow, Uttar Pradesh, India – 226012
- IndustryFinancial Services, Auxiliary To Financial Intermediatory
To see the full contact details of Shagun Micro Finance Association, 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
Business activity
The main business activity of Shagun Micro Finance Association 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 Shagun Micro Finance Association, buy the company report.
Financials of Shagun Micro Finance Association
FY 2025 filings availableShagun Micro Finance Association reported revenue of ₹20.05 Lakh (up 130% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 130% in the latest year. EBITDA rose 25% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹31.06 Lakh | ||||
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| Net Profit (PAT) | -₹31.17 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -154.9% | ||||
| Net Profit Margin | -155.5% | ||||
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To see the full financial statements and ratios of Shagun Micro Finance Association, buy the company report.
Board of directors of Shagun Micro Finance Association
Shagun Micro Finance Association has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohammad Tabrez Alam | Director | 20 Sep 2022 | 4 Years 1 Months | Current |
| Dinesh Kumar Verma | Director | 20 Sep 2022 | 4 Years 1 Months | Current |
| Kishore Macherla | Director | 23 May 2023 | 3 Years 5 Months | Current |
Peer comparison
Shagun Micro Finance Association is compared with the 3 companies closest to it by revenue in the BFSI industry (Finance, Micro Finance), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Centre Point Chitties Private Limited | ₹20.1 Lakh (FY 2024) | -31.0% | Thrissur, Kerala, India | |||
| Swastik Securities & Finance Limited | ₹20.1 Lakh (FY 2025) | -40.0% | Kolkata, West Bengal, India | |||
| Shagun Micro Finance Associationthis company | ₹20.05 Lakh (FY 2025) | -₹31.17 Lakh | -155.5% | 130.0% | Lucknow, Uttar Pradesh, India | |
| Kastri Nidhi Limited | ₹20.04 Lakh (FY 2025) | -25.0% | New Delhi, Delhi, India |
To see the full peer comparison of Shagun Micro Finance Association, buy the company report.
Legal cases
No court or tribunal cases involving Shagun Micro Finance Association 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 Shagun Micro Finance Association; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Shagun Micro Finance Association; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Shagun Micro Finance Association has 8 board changes on record since 2018: 3 appointments and 5 cessations. The latest: Kishore Macherla was appointed as Director on 23 May 2023.
Frequently asked questions
Shagun Micro Finance Association is an active private not for profit company based in Lucknow, Uttar Pradesh, India. The company works in auxiliary to financial intermediatory, within the financial services industry. It was incorporated on 18 October 2016 (10+ years old) and is registered under CIN U67190UP2016NPL087150.
Shagun Micro Finance Association has 3 current directors:
- Mohammad Tabrez Alam - Director
- Dinesh Kumar Verma - Director
- Kishore Macherla - Director
The latest financial statements of Shagun Micro Finance Association 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 2017 are in the company report.
The CIN (Corporate Identification Number) of Shagun Micro Finance Association is U67190UP2016NPL087150. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shagun Micro Finance Association was incorporated on 18 October 2016, making it 10+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Shagun Micro Finance Association by revenue are Centre Point Chitties Private Limited, Swastik Securities & Finance Limited, Kastri Nidhi Limited, all in the BFSI industry (Finance, Micro Finance), with the same principal business activity (other financial activities).
Kishore Macherla was appointed as Director on 23 May 2023. Santosh Kumar ceased to be Director on 23 Sep 2022. Munnabhai Modi Patel ceased to be Director on 21 Sep 2022. Shagun Micro Finance Association has 8 board changes on record in total.
The registered office of Shagun Micro Finance Association is at M – 21 Sector D – 1, Lda Colony Kanpur Road, Lucknow, Uttar Pradesh, India – 226012.
Shagun Micro Finance Association operates in the financial services industry, in the auxiliary to financial intermediatory segment.
The compliance status of Shagun Micro Finance Association is compliant as of 17 August 2026. The company is actively filing with the Registrar of Companies.
Shagun Micro Finance Association can be reached at its registered office: M – 21 Sector D – 1, Lda Colony Kanpur Road, Lucknow, Uttar Pradesh, India – 226012.
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