About Shikhar Microfinance Private Limited
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Shikhar Microfinance Private Limited is a private limited company based in Delhi, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 16 February 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1993PTC052165. Its GSTIN is 07AABCA0655R1ZF (Delhi).
The company has an authorised share capital of ₹33 Cr and a paid-up capital of ₹22.71 Cr. It was formerly known as Anup Leasing Private Limited. It is led by directors including Satyavir Chakrapani (Managing Director) and Vijay Pandey (Managing Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Room No.1 Plot No – 11 12 13 Second Floor Village Amberhai Sector – 19 Dwarka, Delhi, India – 110075.
As per the financials filed for FY 2023, the company reported a revenue of ₹9.44 Cr, a growth of 75% compared to the previous year. For the same year it recorded a net profit of ₹62.66 Lakh (net margin 6.6%) and EBITDA of ₹65.98 Lakh (EBITDA margin 7%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years and 10% over five years.
The company has about 214 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Shikhar Microfi nce. As per MCA filings, the company has open charges of ₹111.25 Cr and satisfied charges of ₹105.95 Cr on record. Court records list 11 cases involving the company, including 7 filed by the company and 4 filed against it; 5 cases are pending. The company has 19 deals on record (10 funding rounds, 8 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹29.42 Cr; the latest was in March 2020.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shikharfin.com.
Company details
Contact details
Shikhar Microfinance Private Limited's registered office is in Delhi, Delhi. Its website is shikharfin.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressRoom No.1 Plot No – 11 12 13 Second Floor Village Amberhai Sector – 19 Dwarka, Delhi, India – 110075
- IndustryFinancial Services, Microfinance Institutions, NBFC
To see the full contact details of Shikhar Microfinance Private 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
Shikhar Microfinance operates one associated brand: Shikhar Microfi nce. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Microcredit and micro-insurance are provided to SMEs. | shikharfin.com |
Financials of Shikhar Microfinance Private Limited
FY 2024 filings availableShikhar Microfinance Private Limited reported revenue of ₹9.44 Cr (up 75% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 75% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 10%. 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹9.44 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹65.98 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹62.66 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7% | ||||
| Net Profit Margin | 6.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Shikhar Microfinance Private Limited, buy the company report.
Board of directors of Shikhar Microfinance Private Limited
Shikhar Microfinance has 3 current directors and 23 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satyavir Chakrapani Also directs: Powerseed Ventures Private Limited, Aspire Prakashan Private Limited, Noblerank Private Limited and 1 more | Managing Director | 25 Mar 2009 | 17 Years 7 Months | Current |
| Thomas Thomas Vinoy Also directs: Powerseed Ventures Private Limited, Montis Altis Private Limited, Oxsys Technologies Private Limited and 1 more | Whole-Time Director | 25 Mar 2009 | 17 Years 7 Months | Current |
| Vijay Pandey | Managing Director | 30 Apr 2019 | 7 Years 5 Months | Current |
Auditor
Shikhar Microfinance Private Limited is audited by PARVEEN S KUMAR & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PARVEEN S KUMAR & CO. | FY 2023 | 524665 |
Shareholding
The shareholding of Shikhar Microfinance Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shikhar Microfinance Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2019 | 100303432 | Others | ₹5 Cr | Open | |
| 27 Nov 2018 | 100222308 | Others | ₹3 Cr | Open | |
| 23 Nov 2018 | 100223162 | Others | ₹2 Cr | Open | |
| 07 Sep 2018 | 100203461 | Others | ₹1 Cr | Open | |
| 08 Aug 2018 | 100199837 | Others | ₹3 Cr | Open |
To see the full charge records of Shikhar Microfinance Private Limited, buy the company report.
Total charge records: 70 View all charges
Deals & funding
Shikhar Microfinance Private Limited has 19 deals on record (10 funding rounds, 8 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹29.42 Cr; the latest was in March 2020.
Deals on record (5 of 19)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: India Social Investment Ventures Private Limited |
| Jun 2018 | Secondary share transfer | Undisclosed | Buyer: India Social Investment Ventures Private Limited Seller: Sampark Fin Services Private Limited |
| Mar 2018 | Funding round | ₹42.1 Lakh | Investors: Sampark Fin Services Private Limited |
| Sep 2017 | Funding round | ₹1 Cr | Investors: Sampark Fin Services Private Limited |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: Shikhar Development Foundation Seller: Mi India Capital & Investment Private Limited |
To see the full deal history of Shikhar Microfinance Private 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
Shikhar Microfinance Private Limited has 11 court cases on record: 7 filed by Shikhar Microfinance, 4 filed against it. 5 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 0 | 3 |
| District courts | 4 | 4 | 2 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Ananya Finance for Inclusive Growth Pvt.Ltd.-Ashish Verma | Pending |
| Supreme Court | Court case (1418-Criminal Matters : Others) | Filed by the company against M/S.Habitat Micro Build India Housing Finance Company Private Limited Represented by Its Constitutent Attorney Mr. Sameera B. Office at: 1St Floor, RRK Jayam, No.20, 28Th Main, 37Th Cross, Jayanagar, 9Th Block, Bengaluru ,Bangalore , Karnataka | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Habitat Micro Build India Housing Finance Company Pvt Ltd | Disposed |
| District court, Gurugram, Haryana | Commercial suit | Filed against the company by an individual | Pending |
| High Court of Delhi | Writ petition | Filed by the company against Delhi Financial Corporation & Ors. | Pending |
To see the full case history of Shikhar Microfinance Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Shikhar Microfinance Private Limited was last rated by Care on 31 Aug 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 31 Aug 2021 |
To see the full credit ratings and regulatory alerts of Shikhar Microfinance Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shikhar Microfinance Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shikhar Microfinance Private Limited has a workforce of 214 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Shikhar Microfinance has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCA0655R1ZF | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shikhar Microfinance Private Limited, buy the company report.
Recent activity
Shikhar Microfinance Private Limited has 25 board changes on record since 2008: 3 appointments and 22 cessations. The latest: Anil Vidyarthi ceased to be Director on 28 Dec 2021.
122 earlier events are in the company report.
Frequently asked questions
Shikhar Microfinance is an active private limited company based in Delhi, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 16 February 1993 (33+ years old) and is registered under CIN U74899DL1993PTC052165.
Shikhar Microfinance has 3 current directors:
- Satyavir Chakrapani - Managing Director
- Vijay Pandey - Managing Director
- Thomas Thomas Vinoy - Whole-Time Director
The latest financial statements of Shikhar Microfinance on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Shikhar Microfinance is 07AABCA0655R1ZF, registered in Delhi.
The CIN (Corporate Identification Number) of Shikhar Microfinance is U74899DL1993PTC052165. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shikhar Microfinance has 11 court cases on record: 7 filed by the company and 4 filed against it. 5 are pending. Most are in the high courts.
Shikhar Microfinance was incorporated on 16 February 1993, making it 33+ years old. It is registered with the Registrar of Companies, Delhi.
Shikhar Microfinance has 19 deals on record (10 funding rounds, 8 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹29.42 Cr; the latest was in March 2020.
Anil Vidyarthi ceased to be Director on 28 Dec 2021. Rayalu Rajasekhar Nuthalapaty ceased to be Additional Director on 28 Dec 2021. Saurabh Baroi ceased to be Nominee Director on 22 Oct 2019. Shikhar Microfinance has 25 board changes on record in total.
Shikhar Microfinance can be reached through the website shikharfin.com. Its registered office is in Delhi, India.