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asirvad microfinance head office number

asirvad microfinance head office number

Registered Office. 1800 266 8703 , customercare@inditrade.com and investorgrievance@inditrade.com The economy was badly affected during the second half of the year caused by a massive financial crisis triggered mainly due to the collapse of American Banks and Insurance companies. The company currently has a paid up capital of INR 52.50 cr. CIN U65923TN2007PLC064550, 1st Floor, Deshabandu Plaza, Corporate Office: Unit No. This has resulted in many of the Micro Finance Institutions finding it difficult to raise resources. The company currently has a paid up capital of INR 53.33 cr. April 3, 2019: Manappuram infuses ₹264 cr in Asirvad January 9, 2019 : Asirvad Microfinance securitises MF portfolio December 13, 2018 : Asirvad Microfin AUM touches ₹3,000 crore All financials and shareholder returns filed with MCA since year 2006 upto 31 March, 2020 along with latest MoA and AoA. To cope with the growing needs the industry is expanding fast and as a result competent human resources is increasingly becoming an issue. The government has relaxed controls on foreign trade and investment. It was formed in year 2005 in Maharashtra . How SME retailers can revive and thrive in the post lockdown world. 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. In the long run, the huge growing population is fundamentally a social, economic and environmental problem. December 31, 2019: Asirvad Micro Finance 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 Asirvad has nine directors on its board with four representatives from MAFIL, including Mr. V. P. Nandakumar (MAFIL’s MD and CEO), who is the Chairman. Get Direction. An easy-to-read PDF report on the company that includes five year financial information, ratio analysis, management, group structure, shareholding pattern and more. Home. Asirvad Micro Finance Limited's operating revenues range is Over INR 500 cr for the financial year ending on 31 March, 2019. Here is the video showing how you can explore company networks to discover hidden relationships between companies. COMPANY Asirvad Micro Finance Limited 2. Need any help? In Tamil Nadu alone, the Micro Finance market is expected to be around 8 to 10 million borrowers translating into a demand of Rs.8, 000 to 10,000 Crores. The Corporate Identification Number (CIN) of Asirvad Micro Finance Limited is U65923TN2007PLC064550. Phone:044-43510081. All the passbooks are provided with the telephone number of branch managers in order to contact them for any query and complaints. It helps you find out other directorships of an Indian director and where else he has business interests. This is to prevent spam. The company was founded in 1949, has main office as head office and corporate office in Valapad, Thrissur, Kerala, India. DESHBANDHU PLAZA, FIRST FLOOR 47, WHITES ROAD CHENNAI Tamil Nadu - 600014India. It is one of the famous names, providing financial services in India. 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. Commercial banks both nationalised and private sectors are now increasingly lending to MFIs and apart from giving term loans, these banks are resorting to securitisation, loan syndication and guarantee. Started forming groups from Dec 15, 2007 and first lending operations with effect from 21st Jan, 2008. CreditAccess Grameen Limited was born out of the need for timely and affordable credit to India’s poor and low-income households. The company currently has a paid up capital of INR 53.75 cr. Other directorships - VILLAGE FINANCIAL SERVICES PVT. However, in terms of contribution to GDP, agriculture contributes only 17.2%, whereas industry (29.1%) and services (53.7%) contribute much more. Slightly more than half of the work force is in agriculture, leading the government to articulate a rural economic development programmer that includes creating basic infrastructure to improve the lives of the rural poor and boost economic performance. It was formed in year 1994 in Maharashtra . Tamil Nadu. Corporate Information 07 13TH ANNUAL REPORT 2019-20 1. In February 2015 Manappuram Finance Ltd took over the Company with the stake of 85%. For business and industry related insights, twice in a month. 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. Obtained NBFC License from Reserve Bank of India on 14th Dec, 2007. Prior to takeover, this was a microfinance company struggling against odds to grow. Thus there is a significant shift towards urban Micro Finance. Email us at support@tofler.in, TWS Systems Private Limited (Tofler)201/25 Heritage City, M.G. Clients are aspiring for large credits for doing scaled up economic activity. Trademarks, if any, listed on this page belong to their respective owners. Ltd. with an AUM a little short of Rs.300 crore was acquired by Manappuram Finance Ltd. Today, one year after the takeover, Asirvad’s AUM has more than tripled to over Rs.1, 000 crore. CORPORATE OFFICE 9th & 10th Floor, 9, Club House Rd, … X. X. It was formed in year 1991 in Maharashtra . At the same time, it's book networth has increased by 172.29 %. Disclaimer Policy RAJA VAIDYANATHAN VENKATARAMAN SATTANATHAPURAM. The company currently has a paid up capital of INR 53.88 cr. Assistant Manager-HR in Asirvad Microfinance Limited (Subsidiary of Manappuram Finance Ltd.) for Entire West Bengal September 2016 to Till Date. Tofler Company360 provides access to any Indian company's financial documents, charts, ratio analysis and more. Incorporated under The Companies Act,1956 on 29th Aug, 2007. Services are a major source of economic growth, accounting for more than half of India’s output with less than one third being the labor force. Other directorships - PACHIRA FINANCIAL SERVICES LLP,  BONANZA BUSINESS SERVICES PRIVATE LIMITED,  MANAPPURAM FINANCE TAMIL NADU LIMITED,  MANAPPURAM HOME FINANCE LIMITED. 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] We shall be launching our Collection App shortly!!!! 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; January 9, 2019: Asirvad Microfinance securitises MF portfolio; December 13, 2018: Asirvad Microfin AUM touches ₹3,000 crore The current status of Asirvad Micro Finance Limited is - Active. 47, Whites Road 1st Floor, Deshabandu Plaza, Royapettah, Chennai-600 014, Tamil Nadu. It was incorporated on 29 August, 2007 and is located in , Tamil Nadu. India achieved 8.5% GDP growth in 2006, 9.0% in 2007 and 7.3% in 2008, thereby significantly expanding the manufacturing processes. Tel:044-42124493 All trademarks, service marks, trade names and logos appearing on the site are the property of their respective owners. | 31 December 2019 - Asirvad Micro Finance crosses ₹5,000 crore in AUM | 31 December 2019 - West Bengal has crossed 600 crores portfolio with customer base of 2.62 lakhs | 15 October 2019 - Our Corporate Office has been relocated. Started forming groups from Dec 15, 2007 and first lending operations with effect from 21st Jan, 2008. Strong growth combined with easy consumer credit, a real estate boom and fast-rising commodity prices fueled inflation concerns from mid-2006 to August 2008. In February 2015 Manappuram Finance Ltd took over the Company with the stake of 85%. Presently, our operations are spread across 20 states and 2 union territories, We serve over 2 million active customers through our 1000 branches and 5000 plus employees. Office : 1st Floor, Deshabandhu Plaza 47, Whites Road, Chennai - 600 014 Web : www.asirvadmicrofinance.co.in E-mail : info@asirvad.org CIN U65923TN2007PLC064550 Madura is a leading NBFC-MFI providing unsecured microfinance loans to women self-help groups in rural and semi-urban areas. In February 2015, Asirvad Microfinance Pvt. It's EBITDA has increased by 182.34 % over the previous year. Read More. Policy on Harassment Free Workplace Introduction As a Company, Asirvad Microfinance Limited (AML) is committed to ensuring that the work environment at all its locations is conducive to fair, safe and harmonious relations between employees. Category: Service Provider. NETAFIM AGRICULTURAL FINANCING AGENCY PRIVATE LIMITED, IL&FS ENGINEERING AND CONSTRUCTION COMPANY LIMITED, MANAPPURAM COMPTECH AND CONSULTANTS LIMITED, MANAPPURAM CHITS (ANDHRA) PRIVATE LIMITED, LIONS CO-ORDINATION COMMITTEE OF INDIA ASSOCIATION, ADLUX MEDICITY AND CONVENTION CENTRE PRIVATE LIMITED, MANAPPURAM CONSTRUCTION AND CONSULTANTS LIMITED, MANAPPURAM CHITS (KARNATAKA) PRIVATE LIMITED, MANAPPURAM CHIT FUNDS COMPANY PRIVATE LIMITED, KERALA HIGH SPEED RAIL CORPORATION LIMITED, BONANZA BUSINESS SERVICES PRIVATE LIMITED, ABIRAMI CONSULTANTS AND SECURITIES PRIVATE LIMITED, PROFICIENT INVESTMENT AND FINANCIAL CONSULTANCY PRIVATE LIMITED, FIVE-STAR HOUSING FINANCE PRIVATE LIMITED, SHIKSHA FINANCIAL SERVICES INDIA PRIVATE LIMITED, DEUTSCHE INVESTMENTS INDIA PRIVATE LIMITED, IBM GLOBAL FINANCING INDIA PRIVATE LIMITED, N.C.L.Research And Financial Services Ltd, Jindal Poly Investment And Finance Company Limited, Rrb Securities Limited Tfr. Such reports can be bought from company pages at Tofler (Sample) or can be downloaded from Company360. Asirvad Micro Finance Limited's Corporate Identification Number is (CIN) U65923TN2007PLC064550 and its registration number is 64550.Its Email address is anup.gupta@asirvad.in and its registered address is DESHBANDHU PLAZA, FIRST FLOOR 47, WHITES ROAD CHENNAI TN 600014 IN , - , . 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] Tofler, TWS Systems Private Limited and its officers respect the Intellectual Property Rights of all people. Incorporated under The Companies Act,1956 on 29th Aug, 2007. It was formed in year 2017 in Maharashtra . The most recently appointed directors are Abhijit Sen and Subrata Kumar Atindra Mitra, who were appointed on 17 March, 2020. Discrimination and harassment of any type/form are strictly prohibited. However, tariff spikes in sensitive categories, like agriculture and incremental progress on economic reforms still hinder foreign access to India’s vast and growing market. Reporting to AVP-HR. The new address is 9th and 10th Floor, No: 9 Club House Road, Anna Salai, Chennai 600002, Tamil Nadu. 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. It's authorized share capital is INR 100.00 cr and the total paid-up capital is INR 53.31 cr. Vazhappully Padmanabhan Nandakumar has the largest number of other directorships with a seat at a total of 21 companies. Designing of the right products for clients is still a great challenge. 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. Reach Us at Toll Free No. The liquidity constraints started showing and a result banks were reluctant to lend to any sector and more particularly to Micro Finance sectors. The last reported AGM (Annual General Meeting) of Asirvad Micro Finance Limited, per our records, was held on 25 August, 2020. 12 th Annual Report 2018-19 4 1. No 9, Club House Road, Anna Salai, Customers can also call the toll-free number 1800 270 1164 for registering any complaint or grievances. Current status of Asirvad Micro Finance … India’s labor force-Agriculture (60%), Industry (12%) and services (28%) clearly indicate that even today agriculture is a major employment generator. It was formed in year 2016 in Karnataka . Other directorships - MANAPPURAM FINANCE TAMIL NADU LIMITED,  MANAPPURAM COMPTECH AND CONSULTANTS LIMITED,  MANAPPURAM FINANCE LIMITED,  MANAPPURAM INSURANCE BROKERS LIMITED. Chennai 600002, India’s diverse economy encompasses traditional village farming, modern agriculture, handcrafts, a wide range of modern industries, and a multitude of services. It was formed in year 1995 in Gujarat . Due to this the repayment of loans is very high- almost 98 to 99%. Asirvad Microfinance Limited is a Non-Banking Finance Company with license issued by the Reserve Bank of India. CORPORATE OFFICE. 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. Tamil Nadu. The ballooning subsidies amidst slowing growth brought the return of a large fiscal deficit in 2008. 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. For ASIRVAD MICROFINANCE LIMITED Simi S.S Company Secretary Regd. Prompt handlings of employee's grievance are essential for maintaining a contented employee group. (044) 42124493 www.asirvadmicrofinance.co.in. REGISTERED OFFICE 1st Floor, Desabandhu Plaza, 47, Whites Road, Royapettah, Chennai – 600 014, +91- (44) 4351 0081 4. Experienced senior executives head key functions at Asirvad including operations, finance, internal audit, payments, IT, risk management and human resources. We place high importance in creating a discrimination-free … It was formed in year 2018 in Maharashtra . CORPORATE IDENTIFICATION NuMbER : U65923TN2007PLC064550 3. CORPORATE IDENTIFICATION U65923TN2007PLC064550 NUMBER 3. 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. We have been one of the pioneers of this socially and financially inclusive movement in rural India, facilitating access to low-cost capital. 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. 1800-270-1146. Know more about the businesses you deal with. Privacy Policy, Corporate Governance – Internal Guidelines. The Company was established in August 2007. Description: The company provides microfinance services and loans, Products & Services: income generation program, product, and small and medium enterprise loans The longest serving director currently on board is Raja Vaidyanathan Venkataraman Sattanathapuram who was appointed on 29 August, 2007. Tel:044-43510081, All Rights reserved By Asirvad. The company currently has a paid up capital of INR 53.27 cr. After making payment please inform the details of the amount deposited and bank account number to our Customer care @ 1800 270 1146. Asirvad Microfinance Limited | 290 followers on LinkedIn. In any event, they must be dealt with in a systematic manner. Rising tax revenues and economic expansion helped the government make progress in reducing its fiscal deficit for three straight years before skyrocketing global commodity prices more than doubled the cost of government energy and fertilizer subsidies. It is therefore a challenge for MFI practitioners to explore how they can reduce the operation cost and increase productivity and efficiency, 9th and 10th Floor, The economy has posted an average growth rate of more than 7% in the decade since 1997, reducing poverty by about 10 percentage points. Search. The feature is available for unlimited use in Company360 platform. At present the stake is 93.33%. Obtained NBFC License from Reserve Bank of India on 14th Dec, 2007. The company currently has a paid up capital of INR 52.50 cr. No spam. These financials can also be downloaded in excel format. 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 … Manappuram House, IV/ 470 (old) W638A (New), Valapad, Thrissur, Kerala, India, Pin code : 680567 1800-420-22-33 (Toll Free) mail@manappuram.com In addition, institutions such as SIDBI and FWWB have continued their lending despite the crisis. A micro-finance organization is one that offers financial services to low income populations, like those present in several parts of urban and rural India. Chennai Tamil Nadu , 600017. COMPANY : Asirvad Micro Finance Limited 2. Report has been successfully added to cart. The need for this group is indeed costly as they are scattered and tend to use only tiny loans. India is also capitalizing on its large number of English educated people, and is becoming a major exporter of software jobs and services. In total, the company is connected to 81 other companies through its directors. Manappuram Finance Limited provides online gold loan, gold loan, forex & money transfer, SMS finance and commercial vehicle loan. Microfinance … Asirvad Micro Finance Limited has 11 directors - Abhijit Sen, Subrata Kumar Atindra Mitra, and others. 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. About your vendors, clients and competitors. 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. We request the Customers to pay their dues on time so as to avoid any additional interest. 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. Other performance and liquidity ratios are available here. With 25% of the population still living below the poverty line and an unemployment rate of 6.8%, life in urban locations throughout the country is going to be more difficult. Whether Covid-19 has pushed us into future and what businesses can do about it? It was formed in year 1997 in Telangana . REGISTERED OFFICE : 1st Floor, Desabandhu Plaza, 47, Whites Road, Royapettah Chennai – 600 014 +91- (44) 43510081 4. Asirvad Microfinance Limited. Address - 1st Floor 2/11 Habbibullah Road T.Nagar. Asirvad Microfinance Limited Incorporated under the provisions of The Companies Act,1956. It's authorized share capital is INR 100.00 cr and the total paid-up capital is INR 53.31 cr. © TWS Systems Private Limited. The registered office of Asirvad Micro Finance Limited is at DESHBANDHU PLAZA, FIRST FLOOR 47, WHITES ROAD CHENNAI , Tamil Nadu. Since higher CAR norms are being stipulated by RBI, MFIs need to bring in capital to meet this growing demand of the clients. Click here to let us know. The Company obtained NBFC License from Reserve Bank of India on Dec, 2007. It was formed in year 1989 in Maharashtra . It lets you compare financials of several companies and study performance trends. (Chennai Head Office) Responsibilities: These groups consist of members who are very close and who have a very good understanding between them. Asirvad Micro Finance Limited is an unlisted public company. Website not known. Actual numbers and more financial data. 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.

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