Alagendran Nidhi Limited

Offers various financial services such as deposits and loans to a large member base.

1992 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 29, 2024

Alagendran Nidhi Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 5.75 M
  • Company Age 32 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 1.66 Cr
  • Revenue Growth 16.30%
  • Profit Growth 8.55%
  • Ebitda 18.89%
  • Net Worth 6.98%
  • Total Assets 9.96%

About Alagendran Nidhi

Alagendran Nidhi Limited (ANL) is a leading Nidhi Limited Company incorporated in India on 08 December 1992 and has a history of 32 years and one month. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Alagendran Benefit Fund Limited. The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 5.75 M.

The company has closed loans amounting to ₹1.66 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Sendamarai Seetharamapillai, Kulayan Inian, Alagendran Rajkumar, and Two other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65991TN1992PLC023989

  • Company No.

    023989

  • Company Classification

    Nidhi Limited Company

  • Incorporation Date

    08 Dec 1992

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

Who are the key members and board of directors at Alagendran Nidhi?

Executive Team (1)

NameDesignationAppointment DateStatus
Alagendran Rajkumar Country flag representing In Managing Director29-Dec-2018Current

Board Members (4)

NameDesignationAppointment DateStatus
Sendamarai Seetharamapillai Country flag representing In Director 27-Mar-2021Current
Kulayan Inian Country flag representing In Director 26-Apr-2023Current
Ramakrishnan Subramanian Country flag representing In Director 26-Apr-2023Current
Nagarajan Natarajan Country flag representing In Director 27-Mar-2021Current

Financial Performance of Alagendran Nidhi.

Alagendran Nidhi Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 16.3% increase. The company also saw a slight improvement in profitability, with a 8.55% increase in profit. The company's net worth moved up by a moderate rise of 6.98%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
16.30%
Revenue from Operations
16.67%
Total Assets
9.96%
Profit or Loss
8.55%
Net Worth
6.98%
EBITDA
18.89%

What is the Ownership and Shareholding Structure of Alagendran Nidhi?

In 2022, Alagendran Nidhi had a promoter holding of 78.43% and a public holding of 21.57%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹1.66 Cr

Charges Breakdown by Lending Institutions

  • City Union Bank Limited : 1.25 Cr
  • Others : 0.41 Cr

Latest Charge Details

DateLenderAmountStatus
19 Sep 2020Others₹4.05 MSatisfied
03 May 2008City Union Bank Limited₹1.25 CrSatisfied

How Many Employees Work at Alagendran Nidhi?

Alagendran Nidhi has a workforce of 124 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Alagendran Nidhi, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Alagendran Nidhi's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Alagendran Nidhi

Recent activity within the organization

  • Annual General Meeting

    Alagendran Nidhi Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Balance Sheet

    Alagendran Nidhi Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Kulayan Gandhi Inian was appointed as a Director was appointed as a Director on 26 Apr 2023 & has been associated with this company since 1 year 9 months .

    26 Apr 2023

  • Director Appointment

    Ramakrishnan Subramanian was appointed as a Director was appointed as a Director on 26 Apr 2023 & has been associated with this company since 1 year 9 months .

    26 Apr 2023

  • Director Appointment

    Sendamarai Kannan Seetharamapillai was appointed as a Director was appointed as a Director on 27 Mar 2021 & has been associated with this company since 3 years 10 months .

    27 Mar 2021

  • Director Appointment

    Nagarajan Natarajan was appointed as a Director was appointed as a Director on 27 Mar 2021 & has been associated with this company since 3 years 10 months .

    27 Mar 2021

Frequently asked questions

  • Alagendran Nidhi Limited was incorporated on 08 Dec 1992.

  • The authorized share capital of Alagendran Nidhi Limited is ₹ 1.00 Cr and paid-up capital is ₹ 5.75 M.

  • Currently 5 directors are associated with Alagendran Nidhi Limited.

    • Sendamarai Kannan Seetharamapillai
    • Kulayan Gandhi Inian
    • Alagendran Rajkumar
    • Ramakrishnan Subramanian
    • Nagarajan Natarajan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Alagendran Nidhi Limited is Jambu Towers Second Floor No. 99 New Avadi Road, India, Perambur Purasawalkam, Tamil Nadu, 600010.

  • The corporate identification number (CIN) of Alagendran Nidhi Limited is U65991TN1992PLC023989 and the company number is 023989 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Alagendran Nidhi Limited is https://www.alagendrannidhi.net

  • According to the financial reports for the fiscal year 2022, the revenue trend for Alagendran Nidhi Limited has risen by 16.30%.

  • As Per 2022 financial reports, 124 employees are currently employed by Alagendran Nidhi Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Alagendran Nidhi Limited has experienced an upsurge of 6.98%.

  • The most recent Balance Sheet for Alagendran Nidhi Limited was filed with the ROC on 31 Mar 2024.

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