About
Basic Data Updated:
12 days agoIn Mumbai, there is a well-known MFI called Svasti Microfinance Private Limited. This company, which was established in 1995, has its registered office in Chennai, Tamil Nadu. According to its credit rating report, Svasti aims to provide comprehensive financial services to the low-income segments of society in Mumbai. Loans, savings, and insurance products are among the services offered by this company. Svasti has a presence in various areas of Mumbai, including Sakinaka, Mankhurd, Chembur, Kandivali, Bhandup, Ghatkopar, Thane, Malad, and Kalwa. Additionally, Svasti has formed partnerships with several companies and foundations, such as Michael and Susan Dell Foundation, Bamboo Finance, and Kotak Mahindra Bank Group.
Industry
Company Details
- Location
Chennai, Tamil Nadu, India
- Website1222442
- Telephone1222442
- Email Address1222442
- Social Media1222442
| CIN/LLPIN/FCRN | U65922TN1995PTC030293 |
| Company No. | 030293 |
| Company Classification | Private Limited Indian Non-Government Company |
| Incorporation Date | 23 Feb 1995 |
| Date of AGM | 17 Aug 2023 |
| Date of Balance Sheet | 31 Mar 2023 |
| Listing Status | Unlisted |
| ROC Code | Roc Chennai |
Financials of Svasti Microfinance Private Limited
Svasti Microfinance Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 12.89% increase. The company also saw a substantial improvement in profitability, with a 17.45% increase in profit. The company's net worth moved up by a moderate rise of 1.36%.
Enhance accessibility to Svasti Microfinance's financial data by unlocking access to both Standalone and Consolidated balance sheets, Profit & Loss Statements, Ratios, Related Party Transactions, and additional relevant information.
Corporate Structure
Unlock access to Svasti Microfinance's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Svasti Microfinance Private Limited
Unlock and access historical data on people associated with Svasti Microfinance, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (1)
VW
Varsha Waghela Company SecretaryAppointment Date: 15-Sep-2017
Status: Current
Board Members(5)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 30 Mar 2024 | ₹18.00 Cr | Open |
Others Creation Date: 30 Mar 2024 | ₹7.50 Cr | Open |
Others Creation Date: 29 Mar 2024 | ₹12.50 Cr | Open |
Deals i
Gain comprehensive insights into the Deals and Valuation data of Svasti Microfinance, 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 Svasti Microfinance's trajectory.
Rating
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.
Alert
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Related Corporates (Common Directorship)
Magalir Micro Capital Private Limited
Active
8 years 8 months Ramanathan Annamalai is a mutual person
Rgvn (North East) Microfinance Limited
Active 15 years 9 months Ramanathan Annamalai is a mutual person
Svasti Financial Services Private Limited
Active 16 years 2 months Arunkumar Padmanabhan and Bhagavathi Subramaniam are mutual person
Recent activity within the organization
Charges
A charge with Others amounted to Rs. 18.00 cr with Charge ID 100894651 was registered on 30 Mar 2024.
30 Mar 2024Charges
A charge with Others amounted to Rs. 7.50 cr with Charge ID 100899179 was registered on 30 Mar 2024.
30 Mar 2024Charges
A charge with Others amounted to Rs. 12.50 cr with Charge ID 100894705 was registered on 29 Mar 2024.
29 Mar 2024Charges
A charge with Others amounted to Rs. 25.00 cr with Charge ID 100899200 was registered on 28 Mar 2024.
28 Mar 2024Charges
A charge with Others amounted to Rs. 10.00 cr with Charge ID 100901376 was registered on 28 Mar 2024.
28 Mar 2024
Recent News, Updates & Announcement
Svasti Microfinance Empowering the Poor with Help from Generous Donors.Small company gets big money from rich guys to help more poor guys They wanna be more than just loans like insurance and stuff They already help lots of people in 4 states They wanna help even more and be famous for it SvastiMicrofinance HelpingThePoor RichGuysGivingMoney.
Economic Times 12 Feb 2019
- BlueOrchard Invests Rs 45Cr in Mumbaibased Svasti Microfinance VCCircle.
VCCircle 10 May 2011
Frequently asked questions
What is the Incorporation or founding date of Svasti Microfinance Private Limited?
