About
Basic Data Updated:
27 days agoIn 2018, the Simrath Microfinance Foundation was established with the purpose of promoting microfinance credit and essential financial services for the betterment of socially and economically marginalized groups. These services were aimed at fostering socio-economic development and self-reliance among individuals and their families, particularly those living in rural, semi-urban, and urban areas. The company's main goal was to improve the livelihoods of the poor and weaker sections of society, while also encouraging the habit of savings and thrift among them. The foundation, based in Indore, Madhya Pradesh, was not driven by profit, but rather by a desire to empower its clients and promote financial stability. As such, it did not accept public deposits, but instead focused on instilling a culture of savings among its clients. Additionally, the company was open to collaborating with any registered or constituted body or institution that could provide its clients with access to savings facilities. Simrath Microfinance Foundation's mission was clear: to uplift and support those who were often overlooked and underserved by traditional financial institutions. Through its dedication to promoting financial inclusion and empowerment, the company aimed to make a positive impact on the lives of its clients and their communities.
Industry
Company Details
- Location
Indore, Madhya Pradesh, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
CIN/LLPIN/FCRN | U65929MP2018NPL045135 |
Company No. | 045135 |
Company Classification | Private Not For Profit Company |
Incorporation Date | 27 Feb 2018 |
Date of AGM | 30 Sep 2023 |
Date of Balance Sheet | 31 Mar 2023 |
Listing Status | Unlisted |
ROC Code | Roc Gwalior |
Financials of Simrath Microfinance Foundation
Simrath Microfinance Foundation, for the financial year ended 2020, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth observed a substantial decline by a decrease of 19.67%.
Corporate Structure
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People in Simrath Microfinance Foundation
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Board Members(2)
Charges (Loans)
There are no open charges registered against the company as per our records.
Deals i
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Rating
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Alert
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Recent activity within the organization
Annual General Meeting
Simrath Microfinance Foundation last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
30 Sep 2023Director Appointment
Milan Das was appointed as a Director was appointed as a Director on 17 Jun 2023 & has been associated with this company since 11 months 5 days .
17 Jun 2023Director Appointment
Bulbuli Bibi was appointed as a Director was appointed as a Director on 17 Jun 2023 & has been associated with this company since 11 months 5 days .
17 Jun 2023Balance Sheet
Simrath Microfinance Foundation has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Gwalior.
31 Mar 2023Company Incorporation
Simrath Microfinance Foundation was registered on 27 Feb 2018 with Roc Gwalior & aged 6 years 2 months as per MCA records.
27 Feb 2018
Frequently asked questions
What is the Incorporation or founding date of Simrath Microfinance Foundation?