Vindhyavashni Micro Credit
About Vindhyavashni Micro Credit
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Vindhyavashni Micro Credit is a private not for profit company based in Lucknow, Uttar Pradesh, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 04 October 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U67100UP2016NPL086864.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Nidhi Shahi and Chitra Jaiswal.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Lucknow, Uttar Pradesh.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.64 Lakh, a decline of 24% compared to the previous year. For the same year it recorded a net loss of ₹11,712 (net margin -7.2%) and EBITDA of -₹11,066 (EBITDA margin -6.8%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 25% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Vindhyavashni Micro Credit's registered office is in Lucknow, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFf – 1563 Lekhraj Doller, Indira Nagar, Lucknow, Uttar Pradesh, India – 226016
- IndustryFinancial Services, Financial Activities
To see the full contact details of Vindhyavashni Micro Credit, 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 Vindhyavashni Micro Credit 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 Vindhyavashni Micro Credit, buy the company report.
Financials of Vindhyavashni Micro Credit
FY 2023 filings availableVindhyavashni Micro Credit reported revenue of ₹1.64 Lakh (down 24% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 25% over five years, including a 24% fall in the latest year. EBITDA rose 27% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹11,066 | ||||
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| Net Profit (PAT) | -₹11,712 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | -6.8% | ||||
| Net Profit Margin | -7.2% | ||||
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To see the full financial statements and ratios of Vindhyavashni Micro Credit, buy the company report.
Board of directors of Vindhyavashni Micro Credit
Vindhyavashni Micro Credit has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nidhi Shahi | Director | 15 Jan 2024 | 2 Years 9 Months | Current |
| Chitra Jaiswal | Director | 15 Jan 2024 | 2 Years 9 Months | Current |
Peer comparison
Vindhyavashni Micro Credit is compared with the 9 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Rugain Finance Private Limited | ₹1.64 Lakh (FY 2021) | -86.0% | Jabalpur, Madhya Pradesh, India | |||
| Sonwanes Nidhi Limited | ₹1.64 Lakh (FY 2021) | -74.0% | Mumbai, Maharashtra, India | |||
| NVR Infra Private Limited | ₹1.64 Lakh (FY 2019) | 138.0% | Hyderabad, Telangana, India | |||
| Amiraj Nidhi Limited | ₹1.64 Lakh (FY 2025) | -77.0% | Varanasi, Uttar Pradesh, India | |||
| Vindhyavashni Micro Creditthis company | ₹1.64 Lakh (FY 2023) | -₹11,712 | -7.2% | -24.0% | Lucknow, Uttar Pradesh, India | |
| Swarnarathnam Chits Private Limited | ₹1.63 Lakh (FY 2023) | -64.0% | Nagapattinam, Tamil Nadu, India | |||
| Ankleshwar Money Changer Private Limited | ₹1.63 Lakh (FY 2025) | -99.0% | Ankleshwar, Gujarat, India | |||
| Pulippunam Nidhi Limited | ₹1.63 Lakh (FY 2024) | -78.0% | Kattathurai, Tamil Nadu, India | |||
| Zuess Consultancy Private Limited | ₹1.63 Lakh (FY 2025) | 19.0% | Cuttack, Odisha, India | |||
| Pycentre Nidhi Limited | ₹1.63 Lakh (FY 2020) | -21.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Vindhyavashni Micro Credit, buy the company report.
Auditor
Vindhyavashni Micro Credit is audited by SINGH DIKSHIT & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SINGH DIKSHIT & CO. | FY 2017 | 007555C |
Shareholding
The shareholding of Vindhyavashni Micro Credit is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Vindhyavashni Micro Credit, buy the company report.
Legal cases
No court or tribunal cases involving Vindhyavashni Micro Credit 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 Vindhyavashni Micro Credit; 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 Vindhyavashni Micro Credit; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Vindhyavashni Micro Credit has 4 board changes on record since 2024: 2 appointments and 2 cessations. The latest: Chhotey Lal Shaw ceased to be Director on 01 Mar 2024.
Frequently asked questions
Vindhyavashni Micro Credit is an active private not for profit company based in Lucknow, Uttar Pradesh, India. The company works in financial activities, within the financial services industry. It was incorporated on 04 October 2016 (10+ years old) and is registered under CIN U67100UP2016NPL086864.
Vindhyavashni Micro Credit has 2 current directors:
- Nidhi Shahi - Director
- Chitra Jaiswal - Director
The latest financial statements of Vindhyavashni Micro Credit on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2017 are in the company report.
The CIN (Corporate Identification Number) of Vindhyavashni Micro Credit is U67100UP2016NPL086864. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vindhyavashni Micro Credit was incorporated on 04 October 2016, making it 10+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Vindhyavashni Micro Credit by revenue are Rugain Finance Private Limited, Sonwanes Nidhi Limited, NVR Infra Private Limited, Amiraj Nidhi Limited, Swarnarathnam Chits Private Limited and 4 more, all in the same principal business activity (other financial activities).
Chhotey Lal Shaw ceased to be Director on 01 Mar 2024. Rishi Jaiswal ceased to be Director on 01 Mar 2024. Chitra Jaiswal was appointed as Director on 15 Jan 2024. Vindhyavashni Micro Credit has 4 board changes on record in total.
The registered office of Vindhyavashni Micro Credit is at Ff – 1563 Lekhraj Doller, Indira Nagar, Lucknow, Uttar Pradesh, India – 226016.
Vindhyavashni Micro Credit operates in the financial services industry, in the financial activities segment.
The compliance status of Vindhyavashni Micro Credit is compliant as of 08 September 2026. The company is actively filing with the Registrar of Companies.
Vindhyavashni Micro Credit can be reached at its registered office: Ff – 1563 Lekhraj Doller, Indira Nagar, Lucknow, Uttar Pradesh, India – 226016.
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