About
Basic Data Updated:
30 days agoVivardhana Microfinance Limited, an NBFC (Non-Banking Finance Company), has been providing microfinance services to a vast number of underprivileged individuals, both directly and indirectly. These services, which are permitted by the Reserve Bank of India, primarily focus on agricultural and micro industrial development. The company's mission is to empower the poor, particularly men and women, by offering them access to financial resources through SHG/JLG Groups or individually. Through its dedicated efforts, Vivardhana Microfinance Limited has been able to positively impact the lives of countless individuals and communities. Its commitment to promoting economic growth and social development has made it a leading player in the microfinance sector.
Industry
Company Details
- Location
Chennai, Tamil Nadu, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
CIN/LLPIN/FCRN | U65999TN2017PLC116613 |
Company No. | 116613 |
Company Classification | Public Limited Indian Non-Government Company |
Incorporation Date | 19 May 2017 |
Date of AGM | 29 Sep 2023 |
Date of Balance Sheet | 31 Mar 2023 |
Listing Status | Unlisted |
ROC Code | Roc Chennai |
Financials of Vivardhana Microfinance Limited
Vivardhana Microfinance Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 6.11% increase. The company also saw a slight decrease in profitability, with a 3.36% decrease in profit. The company's net worth moved up by a moderate rise of 9.44%.
Corporate Structure
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People in Vivardhana Microfinance Limited
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Executive Team (1)
ES
Eswaran Sastry Managing DirectorAppointment Date: 19-May-2017
Status: Current
Board Members(2)
Charges (Loans)
Lender | Amount | Status |
---|---|---|
City Union Bank Limited Creation Date: 31 Oct 2023 | ₹1.00 Cr | Open |
Idbi Trusteeship Services Limited Creation Date: 05 Oct 2023 | ₹8.85 M | Open |
Others Creation Date: 01 Mar 2023 | ₹5.00 Cr | Open |
Deals i
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Rating
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Alert
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Related Corporates (Common Directorship)
Recent activity within the organization
Charges
A charge registered on 25 Feb 2022 via Charge ID 100556840 with Idbi Trusteeship Services Limited was fully satisfied on 22 Mar 2024.
22 Mar 2024Charges
A charge with City Union Bank Limited amounted to Rs. 1.00 cr with Charge ID 100815429 was registered on 31 Oct 2023.
31 Oct 2023Charges
A charge registered on 02 Nov 2021 via Charge ID 100506875 with Dhanlaxmi Bank Limited was fully satisfied on 17 Oct 2023.
17 Oct 2023Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 0.89 cr with Charge ID 100810820 was registered on 05 Oct 2023.
05 Oct 2023Annual General Meeting
Vivardhana Microfinance Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
29 Sep 2023
Frequently asked questions
What is the Incorporation or founding date of Vivardhana Microfinance Limited?