Description: The company provides microfinance services and loans, Products & Services: income generation program, product, and small and medium enterprise loans Started forming groups from Dec 15, 2007 and first lending operations with effect from 21st Jan, 2008. CreditAccess Grameen was visualized by Mrs. Vinatha M. Reddy in December 1996, inspired by the book ‘Give Us Credit’ by Alex Counts, President and CEO, Grameen Foundation USA. Designed By Dezvolta. Here is the video showing how you can explore company networks to discover hidden relationships between companies. It helps you find out other directorships of an Indian director and where else he has business interests. It was formed in year 1995 in Gujarat . Other directorships - ABIRAMI CONSULTANTS AND SECURITIES PRIVATE LIMITED,  PROFICIENT INVESTMENT AND FINANCIAL CONSULTANCY PRIVATE LIMITED,  FARVISION SECURITIES P LTD,  GREEN QUOTIENT SYSTEMS PRIVATE LIMITED,  ACSYS INVESTMENTS PRIVATE LIMITED,  MEDIA WORKS PRIVATE LIMITED. Asirvad Micro Finance Limited is an unlisted public company. India’s diverse economy encompasses traditional village farming, modern agriculture, handcrafts, a wide range of modern industries, and a multitude of services. Other directorships - SOUTHERN VENEERS AND WOODWORKS LIMITED,  KOHINOOR SAW MILLS CO LTD,  WESTERN INDIA PLYWOODS LIMITED,  MAYABANDAR DOORS LIMITED,  SHIKSHA FINANCIAL SERVICES INDIA PRIVATE LIMITED, Supporting and auxiliary transport activities, activities of travel agencies, Manufacturing (Metals & Chemicals and their products), Manufacturing (Chemicals and chemical products), Activities auxiliary to financial intermediation, Manufacturing (Food products and beverages), Manufacturing (Paper & Paper Products; Publishing, printing and reproduction of recorded media), Recreational, cultural and sporting activities. Micro Finance in India is playing an important role in poverty alleviation and is widely credited for its success both nationally and internationally. It lets you compare financials of several companies and study performance trends. CORPORATE IDENTIFICATION NuMbER : U65923TN2007PLC064550 3. Trademarks, if any, listed on this page belong to their respective owners. Phone : 044-42124493 Website not known. Corporate Information 07 13TH ANNUAL REPORT 2019-20 1. For business and industry related insights, twice in a month. Discrimination and harassment of any type/form are strictly prohibited. CreditAccess Grameen Limited was born out of the need for timely and affordable credit to India’s poor and low-income households. Asirvad Microfinance Limited | 290 followers on LinkedIn. The operating expense is high in view of the weekly meetings as well as the services being made available to the borrowers at their doorstep. Tel:044-43510081, All Rights reserved By Asirvad. All the passbooks are provided with the telephone number of branch managers in order to contact them for any query and complaints. The current status of Asirvad Micro Finance Limited is - Active. Chennai 600002, The Reserve Bank of India (RBI) estimates that the overall demand for Micro Finance is around Rs.200, 000 Crores, out of which only 10% is being currently met by existing MFIs and banks through the SHG Bank linkage programmer. Grievance may have some basis in fact, may be a distortion of facts or be a figment of someone's imagination. The economy has posted an average growth rate of more than 7% in the decade since 1997, reducing poverty by about 10 percentage points. Tofler Company network is a powerful feature that allows you to explore and discover common directorships between companies. Actual numbers and more financial data. It is classified as a public limited company. It's authorized share capital is INR 100.00 cr and the total paid-up capital is INR 53.31 cr. Hence to meet this challenge, the Micro Finance sector is reaching out to more of the urban poor. Provided here are the financial indicators for financial year ending on 31 March, 2019. In total, the company is connected to 81 other companies through its directors. To cope with the growing needs the industry is expanding fast and as a result competent human resources is increasingly becoming an issue. © TWS Systems Private Limited. Current status of Asirvad Micro Finance … Read More. The Reserve Bank of India has issued various vide its circular dated September 28,2006,May 24,2007,October 10,2007,January 2,2009,April 24,2009,March 26,2012,and February 18,2013 issued guidelines … The company currently has a paid up capital of INR 53.88 cr. Other directorships - AHAM HOUSING FINANCE PRIVATE LIMITED,  M POWER MICRO FINANCE PRIVATE LIMITED,  AMPL CLEANTECH PRIVATE LIMITED,  WELSPUN TRADINGS LIMITED,  S CHAND AND COMPANY LIMITED,  WELSPUN CORP LIMITED,  AXISCADES TECHNOLOGIES LIMITED. The organization was officially established on January 23, 2006 and is a micro-finance operations program based in India, with its head office in Kolkata, located in the state of West Bengal. CIN U65923TN2007PLC064550. The company has 11 directors and 2 reported key management personnel. Search for: Login. The company currently has a paid up capital of INR 52.88 cr. All financials and shareholder returns filed with MCA since year 2006 upto 31 March, 2020 along with latest MoA and AoA. It was formed in year 1989 in Maharashtra . Phone:044-43510081. 12 th Annual Report 2018-19 4 1. CIN U65923TN2007PLC064550, 1st Floor, Deshabandu Plaza, We need to link the clients with market and technologies. Email us at support@tofler.in, TWS Systems Private Limited (Tofler)201/25 Heritage City, M.G. About your vendors, clients and competitors. Tel:044-42124493 RAJA VAIDYANATHAN VENKATARAMAN SATTANATHAPURAM. The Corporate Identification Number (CIN) of Asirvad Micro Finance Limited is U65923TN2007PLC064550. NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT. Here is the video showing how you can study the financials of an Indian company on the Company360 platform. OFFICE Manappuram Finance Limited, IV / 470 (old) W638A (New), Manappuram House, Valapad,Thrissur Kerala, India, Pin code : 680567 CIN:L65910KL1992PLC006623 1800-420-22-33 (toll free) [email protected] Our country has a population of 116.60 Crores and a population growth rate of 1.548%.About 71% live in rural areas, while 29% live in urban areas. Need any help? At the same time, it's book networth has increased by 172.29 %. At present the stake is 94.78%. Such reports can be bought from company pages at Tofler (Sample) or can be downloaded from Company360. Asirvad Micro Finance Limited's operating revenues range is Over INR 500 cr for the financial year ending on 31 March, 2019. After making payment please inform the details of the amount deposited and bank account number to our Customer care @ 1800 270 1146. Due to this the repayment of loans is very high- almost 98 to 99%. Activity State trying to regulate microfinance will only derail the financial inclusion agenda. Other directorships - MANAPPURAM CHITS (ANDHRA) PRIVATE LIMITED,  LIONS CO-ORDINATION COMMITTEE OF INDIA ASSOCIATION,  ADLUX MEDICITY AND CONVENTION CENTRE PRIVATE LIMITED,  SNST ADVISORIES PRIVATE LIMITED,  DTB ADVISORY PRIVATE LIMITED,  DT3 ADVISORY PRIVATE LIMITED,  DTA ADVISORY PRIVATE LIMITED,  MANAPPURAM FINANCE TAMIL NADU LIMITED,  MANAPPURAM CONSTRUCTION AND CONSULTANTS LIMITED,  MANAPPURAM CHITS (KARNATAKA) PRIVATE LIMITED,  MANAPPURAM CHITS( INDIA )LIMITED,  MANAPPURAM CHIT FUNDS COMPANY PRIVATE LIMITED,  MANAPPURAM AGRO FARMS LIMITED,  MANAPPURAM COMPTECH AND CONSULTANTS LIMITED,  MANAPPURAM HEALTH CARE LIMITED,  MANAPPURAM FINANCE LIMITED,  MANAPPURAM INSURANCE BROKERS LIMITED,  FINANCE INDUSTRY DEVELOPMENT COUNCIL,  MANAPPURAM HOME FINANCE LIMITED,  MANAPPURAM JEWELLERS LIMITED.. Other directorships - CHERAMAN FINANCIAL SERVICES LIMITED,  WESTERN INDIA PLYWOODS LIMITED,  EICL LIMITED,  MURALYA DAIRY PRODUCTS PRIVATE LIMITED,  KERALA HIGH SPEED RAIL CORPORATION LIMITED,  MANAPPURAM HOME FINANCE LIMITED. The need for this group is indeed costly as they are scattered and tend to use only tiny loans. December 31, 2019: Asirvad Microfinance crosses Rs.5,000 crore in AUM August 28, 2019 : Asirvad achieves Rs 1,000-cr AUM in Tamil Nadu April 3, 2019 : Manappuram infuses ₹264 cr in Asirvad Higher limits on foreign direct investment were permitted in a few key sectors, such as telecommunications. It was formed in year 1991 in Maharashtra . Tamil Nadu. Branch Locator. The company currently has a paid up capital of INR 54.66 cr. Tofler, TWS Systems Private Limited and its officers respect the Intellectual Property Rights of all people. Reach Us at Toll Free No. However, things became positive in the last quarter and with RBI pushing in for higher credit off take, India’s GDP bounced back to a respectable level of 7%.Due to the timely intervention by RBI, the economy has started looking up and banks are now looking at funding the Micro Finance Sector, though cautiously. LTD.,  SAMASTA MICROFINANCE LIMITED,  SOUTH INDIA FINVEST PRIVATE LIMITED,  MAGALIR MICRO CAPITAL PRIVATE LIMITED,  UNNATI MICROFIN PRIVATE LIMITED,  FIVE-STAR HOUSING FINANCE PRIVATE LIMITED,  HINDUSTHAN MICROFINANCE PRIVATE LIMITED,  MANGAL CREDIT AND FINCORP LIMITED,  SVASTI MICROFINANCE PRIVATE LIMITED,  FIVE-STAR BUSINESS FINANCE LIMITED. Vazhappully Padmanabhan Nandakumar has the largest number of other directorships with a seat at a total of 21 companies. A Company report by Tofler is an easy-to-read PDF report that includes company's financial information, ratio analysis, management, group structure, shareholding pattern and more. Customers can also call the toll-free number 1800 270 1164 for registering any complaint or grievances. The company currently has a paid up capital of INR 53.33 cr. Tamil Nadu. It was formed in year 1997 in Telangana . No: 9, 9th & 10th Floor, Club House Road, Anna Salai, Chennai – 600002. It was formed in year 2005 in Maharashtra . The company currently has a paid up capital of INR 52.00 cr. The company currently has a paid up capital of INR 52.50 cr. Raja Vaidyanathan Venkataraman Sattanathapuram has been on the board for more than 13 years. All trademarks, service marks, trade names and logos appearing on the site are the property of their respective owners. Other directorships - PACHIRA FINANCIAL SERVICES LLP,  BONANZA BUSINESS SERVICES PRIVATE LIMITED,  MANAPPURAM FINANCE TAMIL NADU LIMITED,  MANAPPURAM HOME FINANCE LIMITED. Other directorships - QSK ADVISORY LLP,  MANGAL KESHAV SECURITIES LIMITED,  CHEMINOVA INDIA LIMITED,  CENTRUM BROKING LIMITED (CN),  ONWARD TECHNOLOGIES LIMITED,  INDITRADE FINCORP LIMITED,  IL&FS TRANSPORTATION NETWORKS LIMITED,  CENTRUM FINANCIAL SERVICES LIMITED,  CENTRUM CAPITAL LIMITED,  IL&FS ENGINEERING AND CONSTRUCTION COMPANY LIMITED. In any event, they must be dealt with in a systematic manner. Also, as per our records, its last balance sheet was prepared for the period ending on 31 March, 2020. The Company obtained NBFC License from Reserve Bank of India on Dec, 2007. For ASIRVAD MICROFINANCE LIMITED Simi S.S Company Secretary Regd. Manappuram House, IV/ 470 (old) W638A (New), Valapad, Thrissur, Kerala, India, Pin code : 680567 1800-420-22-33 (Toll Free) mail@manappuram.com Asirvad Microfinance Limited is an investment management company based out of 1st Floor2/11 Habbibullah RoadT.Nagar, Chennai, India. 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