Balamurugan Vilasam Chits (India) Private Limited

Founded in 1994 and headquartered in Tamil Nadu, India.

1994 | Virudhunagar, Tamil Nadu (India) | Active
Last Updated:

Balamurugan Vilasam Chits (India) Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.30 M
  • Company Age 31 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 0.90 M
  • Revenue Growth 73.26%
  • Profit Growth 125.70%
  • Ebitda -45.35%
  • Net Worth 1.83%
  • Total Assets -15.14%

About Balamurugan Vilasam Chits (India)

Balamurugan Vilasam Chits (India) Private Limited (BVCIPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 January 1994 and has a history of 31 years and three months. Its registered office is in Virudhunagar, Tamil Nadu, India.

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 0.50 M and a paid-up capital of Rs 0.30 M.

The company has closed loans amounting to ₹0.90 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Jayabalan Muthumari and Pagampriyal serve as directors at the Company.

Company Details

  • Location

    Virudhunagar, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65991TN1994PTC026641

  • Company No.

    026641

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Jan 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services
Company report

Balamurugan Vilasam Chits (India) Private Limited

Explore comprehensive data for Balamurugan Vilasam Chits (India) Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Balamurugan Vilasam Chits (India)?

Board Members (2)

NameDesignationAppointment DateStatus
Jayabalan Muthumari Country flag representing In Director 28-Jan-1994Current
Pagampriyal Country flag representing In Director 02-Dec-2013Current

Financial Performance of Balamurugan Vilasam Chits (India).

Balamurugan Vilasam Chits (India) Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 73.26% increase. The company also saw a substantial improvement in profitability, with a 125.7% increase in profit. The company's net worth moved up by a moderate rise of 1.83%.

Balamurugan Vilasam Chits (India) revenue growth over time
Balamurugan Vilasam Chits (India) 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
73.26%
Revenue from Operations
95.12%
Total Assets
-15.14%
Profit or Loss
125.70%
Net Worth
1.83%
EBITDA
-45.35%

What is the Ownership and Shareholding Structure of Balamurugan Vilasam Chits (India)?

In 2019, Balamurugan Vilasam Chits (India) had a promoter holding of 100.00%. 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

₹0.90 M

Charges Breakdown by Lending Institutions

  • City Union Bank Limited : 0.05 Cr
  • Tamilnad Mercantile Bank Ltd : 0.04 Cr

Latest Charge Details

DateLenderAmountStatus
18 Mar 2016City Union Bank Limited₹0.50 MSatisfied
26 Sep 2003Tamilnad Mercantile Bank Ltd₹0.40 MSatisfied

How Many Employees Work at Balamurugan Vilasam Chits (India)?

Unlock and access historical data on people associated with Balamurugan Vilasam Chits (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Balamurugan Vilasam Chits (India) Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Balamurugan Vilasam Chits (India), 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 Balamurugan Vilasam Chits (India)'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 Balamurugan Vilasam Chits (India)

Recent activity within the organization

  • Annual General Meeting

    Balamurugan Vilasam Chits (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Balamurugan Vilasam Chits (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Charges

    A charge registered on 18 Mar 2016 via Charge ID 100033559 with City Union Bank Limited was fully satisfied on 02 Feb 2021.

  • Charges

    A charge registered on 26 Sep 2003 via Charge ID 90295018 with Tamilnad Mercantile Bank Ltd was fully satisfied on 21 Sep 2016.

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 0.50 M with Charge ID 100033559 was registered on 18 Mar 2016.

  • Director Appointment

    Pagampriyal was appointed as a Director was appointed as a Director on 02 Dec 2013 & has been associated with this company since 11 years 5 months .

Frequently asked questions

  • What is the Incorporation or founding date of Balamurugan Vilasam Chits (India) Private Limited?

    Balamurugan Vilasam Chits (India) Private Limited was incorporated on 28 Jan 1994.

  • What is authorized share capital and paid-up capital of Balamurugan Vilasam Chits (India) Private Limited?

    The authorized share capital of Balamurugan Vilasam Chits (India) Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.30 M.

  • Who are the current board members & directors of Balamurugan Vilasam Chits (India) Private Limited?

    Currently 2 directors are associated with Balamurugan Vilasam Chits (India) Private Limited.

    • Jayabalan Muthumari
    • Pagampriyal
  • What is the registered address of Balamurugan Vilasam Chits (India) Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Balamurugan Vilasam Chits (India) Private Limited is No.24, Masiamman Koil Str Sattur-626 India, Sattur-626 203, Tamil Nadu, 626203.

  • What is the corporate identification number (CIN) and company number of Balamurugan Vilasam Chits (India) Private Limited?

    The corporate identification number (CIN) of Balamurugan Vilasam Chits (India) Private Limited is U65991TN1994PTC026641 and the company number is 026641 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Balamurugan Vilasam Chits (India) Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Balamurugan Vilasam Chits (India) Private Limited has risen by 73.26%.

  • What change has been observed in the net worth of Balamurugan Vilasam Chits (India) Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Balamurugan Vilasam Chits (India) Private Limited has experienced an upsurge of 1.83%.

  • When was the last Balance Sheet of Balamurugan Vilasam Chits (India) Private Limited filed with the ROC?

    The most recent Balance Sheet for Balamurugan Vilasam Chits (India) Private Limited was filed with the ROC on 31 Mar 2024.

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