asirvad microfinance head office number

Know more about the businesses you deal with. It was formed in year 1995 in Gujarat . Tel:044-42124493. 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. It was formed in year 1997 in Telangana . The Company was established in August 2007. 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. Tofler makes no claim of ownership or affiliation with any trademark (REGISTERED OR UNREGISTERED) that forms part of any Company/LLP name listed on this page. The liquidity constraints started showing and a result banks were reluctant to lend to any sector and more particularly to Micro Finance sectors. The company currently has a paid up capital of INR 52.00 cr. Hence to meet this challenge, the Micro Finance sector is reaching out to more of the urban poor. The Company obtained NBFC License from Reserve Bank of India on Dec, 2007. Current status of Asirvad Micro Finance … In February 2015 Manappuram Finance Ltd took over the Company with the stake of 85%. Asirvad Microfinance aims to provide resolution to their customers in a fair and timely manner. Actual numbers and more financial data. Vazhappully Padmanabhan Nandakumar has the largest number of other directorships with a seat at a total of 21 companies. At present the stake is 93.33%. We request the Customers to pay their dues on time so as to avoid any additional interest. (Chennai Head Office) Responsibilities: CIN U65923TN2007PLC064550, 1st Floor, Deshabandu Plaza, Chennai Tamil Nadu , 600017. In any event, they must be dealt with in a systematic manner. 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, It's EBITDA has increased by 182.34 % over the previous year. The need for this group is indeed costly as they are scattered and tend to use only tiny loans. Provided here are the financial indicators for financial year ending on 31 March, 2019. 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. 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 ballooning subsidies amidst slowing growth brought the return of a large fiscal deficit in 2008. CIN U65923TN2007PLC064550. CORPORATE OFFICE. Co. 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The company was founded in 1949, has main office as head office and corporate office in Valapad, Thrissur, Kerala, India. No 9, Club House Road, Anna Salai, The last reported AGM (Annual General Meeting) of Asirvad Micro Finance Limited, per our records, was held on 25 August, 2020. Since higher CAR norms are being stipulated by RBI, MFIs need to bring in capital to meet this growing demand of the clients. We shall be launching our Collection App shortly!!!! Other performance and liquidity ratios are available here. We place high importance in creating a discrimination-free … 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. This has resulted in many of the Micro Finance Institutions finding it difficult to raise resources. Formal Financial Sector increases support to Micro Finance. Road, Gurgaon - 122002 (CIN: U72502DL2013PTC261372). Assistant Manager-HR in Asirvad Microfinance Limited (Subsidiary of Manappuram Finance Ltd.) for Entire West Bengal September 2016 to Till Date. Asirvad Microfinance Limited is an investment management company based out of 1st Floor2/11 Habbibullah RoadT.Nagar, Chennai, India. Asirvad Microfinance Limited. 12 th Annual Report 2018-19 4 1. India achieved 8.5% GDP growth in 2006, 9.0% in 2007 and 7.3% in 2008, thereby significantly expanding the manufacturing processes. Get Direction. For business and industry related insights, twice in a month. Customers can also call the toll-free number 1800 270 1164 for registering any complaint or grievances. 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. Prior to takeover, this was a microfinance company struggling against odds to grow. Asirvad Micro Finance Limited's operating revenues range is Over INR 500 cr for the financial year ending on 31 March, 2019. (044) 42124493 www.asirvadmicrofinance.co.in. 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. These groups consist of members who are very close and who have a very good understanding between them. Activity State trying to regulate microfinance will only derail the financial inclusion agenda. Address - 1st Floor 2/11 Habbibullah Road T.Nagar. Due to this the repayment of loans is very high- almost 98 to 99%. At the same time, it's book networth has increased by 172.29 %. Click here to let us know. It was formed in year 1989 in Maharashtra . 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 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 , - , . 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. Chennai 600014, It is one of the famous names, providing financial services in India. 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. After making payment please inform the details of the amount deposited and bank account number to our Customer care @ 1800 270 1146. In addition, institutions such as SIDBI and FWWB have continued their lending despite the crisis. It is classified as a public limited company. The company currently has a paid up capital of INR 53.13 cr. 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. The company currently has a paid up capital of INR 54.66 cr. Tofler Company360 provides access to any Indian company's financial documents, charts, ratio analysis and more. The company currently has a paid up capital of INR 53.27 cr. Manappuram Finance Limited provides online gold loan, gold loan, forex & money transfer, SMS finance and commercial vehicle loan. Thus there is a significant shift towards urban Micro Finance. This is to prevent spam. 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. Raja Vaidyanathan Venkataraman Sattanathapuram has been on the board for more than 13 years. COMPANY Asirvad Micro Finance Limited 2. Madura is a leading NBFC-MFI providing unsecured microfinance loans to women self-help groups in rural and semi-urban areas. It was formed in year 2018 in Maharashtra . 47 Whites Road, Royapettah, Higher limits on foreign direct investment were permitted in a few key sectors, such as telecommunications. The company currently has a paid up capital of INR 53.33 cr. Branch Locator. The registered office of Asirvad Micro Finance Limited is at DESHBANDHU PLAZA, FIRST FLOOR 47, WHITES ROAD CHENNAI , Tamil Nadu. 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. All trademarks, service marks, trade names and logos appearing on the site are the property of their respective owners. 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 CORPORATE IDENTIFICATION NuMbER : U65923TN2007PLC064550 3. Started forming groups from Dec 15, 2007 and first lending operations with effect from 21st Jan, 2008. 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. Asirvad Microfinance Limited | 290 followers on LinkedIn. It's authorized share capital is INR 100.00 cr and the total paid-up capital is INR 53.31 cr. The company has 11 directors and 2 reported key management personnel. It was formed in year 2011 in Gujarat . The company currently has a paid up capital of INR 53.88 cr. The company currently has a paid up capital of INR 52.50 cr. To cope with the growing needs the industry is expanding fast and as a result competent human resources is increasingly becoming an issue. Designing of the right products for clients is still a great challenge. Tamil Nadu. We have been one of the pioneers of this socially and financially inclusive movement in rural India, facilitating access to low-cost capital. CORPORATE IDENTIFICATION U65923TN2007PLC064550 NUMBER 3. Tamil Nadu. 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. 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. An easy-to-read PDF report on the company that includes five year financial information, ratio analysis, management, group structure, shareholding pattern and more. The company currently has a paid up capital of INR 53.75 cr. Incorporated under The Companies Act,1956 on 29th Aug, 2007. Here is the video showing how you can study the financials of an Indian company on the Company360 platform. Incorporated under The Companies Act,1956 on 29th Aug, 2007. The feature is available for unlimited use in Company360 platform. NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT. 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. At present the stake is 94.78%. It was incorporated on 29 August, 2007 and is located in , Tamil Nadu. 1800-270-1146. CORPORATE OFFICE. DESHBANDHU PLAZA, FIRST FLOOR 47, WHITES ROAD CHENNAI Tamil Nadu - 600014India. The most recently appointed directors are Abhijit Sen and Subrata Kumar Atindra Mitra, who were appointed on 17 March, 2020. Reporting to AVP-HR. It lets you compare financials of several companies and study performance trends. Other directorships - MANAPPURAM FINANCE TAMIL NADU LIMITED,  MANAPPURAM COMPTECH AND CONSULTANTS LIMITED,  MANAPPURAM FINANCE LIMITED,  MANAPPURAM INSURANCE BROKERS LIMITED. The economy has posted an average growth rate of more than 7% in the decade since 1997, reducing poverty by about 10 percentage points. The current status of Asirvad Micro Finance Limited is - Active. CORPORATE OFFICE 9th & 10th Floor, 9, Club House Rd, … Website not known. 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. Privacy Policy, Corporate Governance – Internal Guidelines. HEAD OFFICE. No: 9, 9th & 10th Floor, Club House Road, Anna Salai, Chennai – 600002. X. X. T- 7C, 5th Floor, A wing, Phoenix House, Senapati Bapat Marg, Lower Parel (W), Mumbai 400 013. Designed By Dezvolta. Whether Covid-19 has pushed us into future and what businesses can do about it? | 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. In February 2015 Manappuram Finance Ltd took over the Company with the stake of 85%. CreditAccess Grameen Limited was born out of the need for timely and affordable credit to India’s poor and low-income households. Read More. Obtained NBFC License from Reserve Bank of India on 14th Dec, 2007. 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 is effectively moving towards a banking type of sector through gradual evolution. It was formed in year 2017 in Maharashtra . Login for email address. 47, Whites Road 1st Floor, Deshabandu Plaza, Royapettah, Chennai-600 014, Tamil Nadu. Need any help? Micro Finance in India is playing an important role in poverty alleviation and is widely credited for its success both nationally and internationally. Started forming groups from Dec 15, 2007 and first lending operations with effect from 21st Jan, 2008. It was formed in year 2005 in Maharashtra . In the long run, the huge growing population is fundamentally a social, economic and environmental problem. While no simplified formula exists, for the reduction of the number of grievances, the following are the … REGISTERED OFFICE : 1st Floor, Desabandhu Plaza, 47, Whites Road, Royapettah Chennai – 600 014 +91- (44) 43510081 4. Phone:044-43510081. The government has relaxed controls on foreign trade and investment. The registered office of Asirvad Micro Finance Limited is at DESHBANDHU PLAZA, FIRST FLOOR 47, WHITES ROAD CHENNAI , Tamil Nadu. 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. Other directorships - PACHIRA FINANCIAL SERVICES LLP,  BONANZA BUSINESS SERVICES PRIVATE LIMITED,  MANAPPURAM FINANCE TAMIL NADU LIMITED,  MANAPPURAM HOME FINANCE LIMITED. No spam. Asirvad Micro Finance Limited is an unlisted public company. AMPL has been following the Grameen Bank methodology envisaging group guarantee for repayment of loans. Prompt handlings of employee's grievance are essential for maintaining a contented employee group. 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. Phone : 044-42124493 © TWS Systems Private Limited. Asirvad Microfinance Limited Incorporated under the provisions of The Companies Act,1956. Trademarks, if any, listed on this page belong to their respective owners. Description: The company provides microfinance services and loans, Products & Services: income generation program, product, and small and medium enterprise loans Disclaimer Policy Other directorships - RADAUR HOLDINGS PRIVATE LIMITED,  BOOKER SATNAM WHOLESALE PRIVATE LIMITED,  BOOKER INDIA PRIVATE LIMITED,  CITICORP BROKERAGE (INDIA) LTD,  CITICORP MARUTI FINANCE LIMITED,  CITICORP CLEARING SERVICES INDIA LIMITED,  CITICORP CAPITAL MARKETS LIMITED,  NETAFIM AGRICULTURAL FINANCING AGENCY PRIVATE LIMITED,  VERITAS FINANCE PRIVATE LIMITED,  KALYANI FORGE LIMITED,  CITICORP FINANCE (INDIA) LIMITED,  TRENT LIMITED,  UGRO CAPITAL LIMITED,  CASHPOR MICRO CREDIT,  MANAPPURAM FINANCE LIMITED,  TATA INVESTMENT CORPORATION LIMITED,  UJJIVAN FINANCIAL SERVICES LIMITED,  PRAMERICA LIFE INSURANCE LIMITED. Chennai 600002, 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. Office : 1st Floor, Deshabandhu Plaza 47, Whites Road, Chennai - 600 014 Web : www.asirvadmicrofinance.co.in E-mail : info@asirvad.org CIN U65923TN2007PLC064550 Manappuram House, IV/ 470 (old) W638A (New), Valapad, Thrissur, Kerala, India, Pin code : 680567 1800-420-22-33 (Toll Free) mail@manappuram.com All financials and shareholder returns filed with MCA since year 2006 upto 31 March, 2020 along with latest MoA and AoA. Here is the video showing how a report downloaded from Company360 looks like. 1800 266 8703 , customercare@inditrade.com and investorgrievance@inditrade.com These financials can also be downloaded in excel format. We need to link the clients with market and technologies. 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. In total, the company is connected to 81 other companies through its directors. Tofler Company network is a powerful feature that allows you to explore and discover common directorships between companies. Tel:044-42124493 The new address is 9th and 10th Floor, No: 9 Club House Road, Anna Salai, Chennai 600002, Tamil Nadu. Corporate Office: Unit No. It was formed in year 1994 in Maharashtra . Asirvad Microfinance Limited is a Non-Banking Finance Company with license issued by the Reserve Bank of India. Also, as per our records, its last balance sheet was prepared for the period ending on 31 March, 2020. Obtained NBFC License from Reserve Bank of India on 14th Dec, 2007. Discrimination and harassment of any type/form are strictly prohibited. The company currently has a paid up capital of INR 52.88 cr. Tofler, TWS Systems Private Limited and its officers respect the Intellectual Property Rights of all people. Microfinance … Such reports can be bought from company pages at Tofler (Sample) or can be downloaded from Company360. Experienced senior executives head key functions at Asirvad including operations, finance, internal audit, payments, IT, risk management and human resources. Email us at support@tofler.in, TWS Systems Private Limited (Tofler)201/25 Heritage City, M.G. How SME retailers can revive and thrive in the post lockdown world. It helps you find out other directorships of an Indian director and where else he has business interests. Tel:044-43510081, All Rights reserved By Asirvad. In February 2015, Asirvad Microfinance Pvt. COMPANY : Asirvad Micro Finance Limited 2. Asirvad Micro Finance Limited has 11 directors - Abhijit Sen, Subrata Kumar Atindra Mitra, and others. Reach Us at Toll Free No. 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 1991 in Maharashtra . 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 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 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. 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Branch managers in order to contact them for any query and complaints on 29 August, and!

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