Asirvad Micro Finance Limited - Company overview

Asirvad Microfinance was incorporated on 29 August 2007 and is registered with ROC Chennai.

2007-08-29 Egmore Nungambakka, Tamil Nadu Active Unlisted Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹1000+ Cr
▲ 25.7%
FY 2023
PROFIT / LOSS
₹100–500 Cr
▲ 1523.9%
FY 2023
EBITDA
₹500–1000 Cr
▲ 55.9%
FY 2023
NET WORTH
₹1000+ Cr
▲ 44.0%
FY 2023
TOTAL ASSETS
₹1000+ Cr
▲ 49.5%
FY 2023
EMPLOYEE COUNT
10,000+
OPEN CHARGES
79
7,316.06 cr
PAID-UP CAPITAL
283.62 cr
AUTHORISED CAPITAL
600.00 cr
COMPANY AGE
19 Years 2 Months
since 2007-08-29
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-08-12
ACTIVE GST
27
Updated: 2025-06-29 11:45:40
TOTAL MONEY RAISED
₹1000+ Cr
SATISFIED CHARGES
379
11,722.08 cr

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Asirvad Microfinance covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Low risk
81/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (74), financial health (75), director (90) and company-foundation signals.
  • Operating for 19+ years.
Compliance Score Moderate
74/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2025 - slightly behind.
Financial Health Score Low risk
75/100
Profitability, leverage and liquidity from filed statements.
  • Profitable in FY 2023.
  • Positive net worth.
Director Risk Score Low risk
90/100
Board strength, DIN status and churn.
  • 13 directors on the board.
  • No disqualified or deactivated DINs on the current board.
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Asirvad Microfinance Company identity, industry, contact, and registration details from MCA and company records.

Asirvad Microfinance was incorporated on 29 August 2007 and is registered with ROC Chennai. It is an active public limited company, now about 19 years old. Its registered office is in Egmore Nungambakka, Tamil Nadu. It was earlier known as Asirvad Micro Finance Private Limited.

Its filings describe the main line of business as other financial activities, which made up 100% of turnover.

It has 13 directors: Raja Vaidyanathan Venkataraman Sattanathapuram, Thotanchath Balakrishnan, Gautam Rathindranath Saigal and 10 others. The longest-serving is Raja Vaidyanathan Venkataraman Sattanathapuram, on the board since 2007; the most recent to join is Manojgerard David Pasangha, appointed in October 2025. The board changed around February 2015, when Venkatesh Natarajan, Subramanian Rathinasabapathy, Sattanathapuram Krishnamurthy Venkataraman and Krishnaswamy Rajivan stepped down and new directors joined. Between them, the directors also sit on the boards of 15 other companies, including Abirami Consultants And Securities Private Limited and Acsys Investments Private Limited.

Paid-up capital stands at ₹284 crore out of ₹600 crore authorised. The last AGM on record was on 12 August 2025, for accounts made up to 31 March 2025. 79 charges (secured loans) are still open, and 379 more have been paid off.

Financial Services •••••••• ••••••••
  • Location Ceebros Manjula, 3Rd Floor, Office No. 1, New No. 39, Old No.45, Montieth Road,, Egmore Nungambakka, Tamil Nadu - 600008
  • Website asirvadmicrofinance.co.in
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Name History
Legal NameAsirvad Micro Finance Limited
CIN / LLPINU65923TN2007PLC064550
Company No.064550
ClassificationPublic Limited Indian Non-Government Company
Incorporation Date2007-08-29
Date of AGM2025-08-12
Date of Balance Sheet2025-03-31
Listing StatusUnlisted
ROC CodeRoc Chennai
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Asirvad Microfinance (13) Current board members from MCA filings, including designation and appointment details.

R
Raja Vaidyanathan Venkataraman Sattanathapuram
Director | Since 2007-08-29 | DIN: 01467098
T
Thotanchath Balakrishnan
Director | Since 2018-05-15 | DIN: 00052922
G
Gautam Rathindranath Saigal
Director | Since 2015-03-18 | DIN: 00640229
V
Vazhappully Padmanabhan Nandakumar
Director | Since 2015-02-10 | DIN: 00044512
H
Harshan Kollara Sankarakutty
Director | Since 2021-08-07 | DIN: 01519810
P
Pushya Sitaraman
Director | Since 2019-02-02 | DIN: 06537196

Financial Performance of Asirvad Microfinance Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2023
Revenue ₹1000+ Cr ▲ 25.7%
P&L ₹100–500 Cr ▲ 1523.9%
EBITDA ₹500–1000 Cr ▲ 55.9%
Net worth ₹1000+ Cr ▲ 44.0%

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Charges of Asirvad Microfinance Open and satisfied charges registered against the company with MCA.

Others : 600.00 cr
Open Charges: 79 Satisfied Charges: 379
Open 7,316.06 cr
Satisfied 11,722.08 cr
LenderAmountStatus
Others
Creation Date: 30 Oct 2025
 200.00 cr Open
Others
Creation Date: 28 Oct 2025
 200.00 cr Open
Others
Creation Date: 29 Sep 2025
 40.00 cr Open

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
Financial and insurance ServiceOther financial activities100

Companies With Common Directors Of Asirvad Microfinance Other companies that share directors with this entity, based on MCA and compliance network data.

Board Overlap From MCA / Compliance Filings

Abirami Consultants And Securities Private Limited 1 Shared Director
Acsys Investments Private Limited 1 Shared Director
Aham Housing Finance Limited 1 Shared Director
Bonanza Business Services Private Limited 1 Shared Director
Farvision Securities P Ltd 1 Shared Director
G3 Media Works Private Limited 1 Shared Director
Green Quotient Systems Private Limited 1 Shared Director
Kerala High Speed Rail Corporation Limited 1 Shared Director
Manappuram Finance Tamil Nadu Limited 1 Shared Director
Media Works Private Limited 1 Shared Director
Mlr Auto Limited 1 Shared Director
Muralya Dairy Products Private Limited 1 Shared Director
Pachira Financial Services Llp 1 Shared Director
Proficient Investment And Financial Consultancy Private Limited 1 Shared Director
Zim Health Technologies Limited 1 Shared Director

Financial Ratios of Asirvad Microfinance Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

9 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Asirvad Microfinance Ownership and contribution detail from filings. Full breakdown unlocks with your report.

7 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Employees and EPFO Compliance at Asirvad Microfinance EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

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Monthly headcount PF contributions ECR filing status Establishment history

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GST Compliance of Asirvad Microfinance GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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Credit Ratings, Litigation & Regulatory Alerts for Asirvad Microfinance Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

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Rating history Court and tribunal cases Regulatory alerts Director-linked violations

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MSME Payment Delays by Asirvad Microfinance MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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MCA Filings & Documents of Asirvad Microfinance Official MCA forms, returns, and filing index. Document access unlocks with your report.

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Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Asirvad Microfinance Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Asirvad Microfinance?
MCA does not publish an "owner" field. Asirvad Microfinance is run by its directors, Raja Vaidyanathan Venkataraman Sattanathapuram, Thotanchath Balakrishnan, Gautam Rathindranath Saigal and ten others. The people who own the shares are listed in its annual return (form MGT-7), which can differ from the directors.
Who are the current board members and directors of Asirvad Microfinance?
Asirvad Microfinance has 13 current directors: Raja Vaidyanathan Venkataraman Sattanathapuram (since August 2007), Thotanchath Balakrishnan (since May 2018), Gautam Rathindranath Saigal (since March 2015), Vazhappully Padmanabhan Nandakumar (since February 2015), Harshan Kollara Sankarakutty (since August 2021) and Pushya Sitaraman (since February 2019), plus 7 more.
What is CIN of Asirvad Microfinance?
The CIN of Asirvad Microfinance is U65923TN2007PLC064550. Reading it left to right: U means it is not listed, 65923 is the industry code it registered under, TN is Tamil Nadu, 2007 is the year it was registered, PLC is the company type and 064550 is its registration number.
When was Asirvad Microfinance incorporated?
Asirvad Microfinance was incorporated on 29 August 2007 with ROC Chennai. That makes it about 19 years old.
What is the registered address of Asirvad Microfinance?
The registered office on MCA records is Ceebros Manjula, 3Rd Floor, Office No. 1, New No. 39, Old No.45, Montieth Road, Egmore Nungambakka, Tamil Nadu - 600008.
What is the current status of Asirvad Microfinance?
MCA shows Asirvad Microfinance as Active, and its last AGM on record was in August 2025.
What is the contact number or email for Asirvad Microfinance?
You can post to its registered office at Ceebros Manjula, 3Rd Floor, Office No. 1, New No. 39, Old No.45, Montieth Road, Egmore Nungambakka, Tamil Nadu - 600008 and use its website, https://asirvadmicrofinance.co.in.
What industry or business activity is Asirvad Microfinance associated with?
Its MCA filings list the main business as other financial activities (100% of turnover).
What is paid-up capital and authorised share capital of Asirvad Microfinance?
Paid-up capital is ₹284 crore and authorised capital is ₹600 crore, so about 47% of the authorised amount has been issued.
When did Asirvad Microfinance last file accounts and hold an AGM?
The last AGM on record was on 12 August 2025, and the latest balance sheet is for the year ending 31 March 2025.
Where can I see charges and lenders for Asirvad Microfinance?
79 charges against Asirvad Microfinance are still open and 379 have been satisfied.
Have any directors left Asirvad Microfinance?
Yes, 27 former directors are on record. The most recent to leave were Satish Nair (July 2024), Sumitha Jayasankar (October 2023) and Anita Belani (March 2023).
Which companies share directors with Asirvad Microfinance?
15 companies share directors with Asirvad Microfinance. Among them are Abirami Consultants And Securities Private Limited, Acsys Investments Private Limited, Aham Housing Finance Limited and 12 more.
What is the turnover or revenue of Asirvad Microfinance?
Based on filed financial statements, the revenue of Asirvad Microfinance for FY 2023 was in the ₹1000+ Cr range. That is up 25.7% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Asirvad Microfinance?
For FY 2023, the net worth of Asirvad Microfinance was in the ₹1000+ Cr range.
How can I get the financial details of Asirvad Microfinance?
The latest accounts on record are for FY 2023. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Asirvad Microfinance?
The website on record for Asirvad Microfinance is https://asirvadmicrofinance.co.in.
Which company owns asirvadmicrofinance.co.in?
asirvadmicrofinance.co.in is the website listed for Asirvad Micro Finance Limited in its company records.
Asirvad Microfinance - is it listed or unlisted?
Asirvad Microfinance is unlisted, so its shares are not traded on a stock exchange. Its CIN starts with U for the same reason.
What is the ROC code of Asirvad Microfinance?
Asirvad Microfinance is registered with ROC Chennai.
What is the company classification of Asirvad Microfinance?
MCA classifies Asirvad Microfinance as: Public Limited Indian Non-Government Company.
Does Asirvad Microfinance have GST registrations on file?
Yes, 27 active GST registrations are linked to Asirvad Microfinance, usually one per state it operates in.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.