Balussery Benefit Chit Fund Private Limited logo

Balussery Benefit Chit Fund Private Limited

Manages chit funds in major Indian cities since 1947.
1947 | Chennai, Tamil Nadu (India) | Active

Last Updated:

October 24, 2024
HomeCompanyBalussery Benefit Chit Fund Private Limited

Who are the key members and board of directors at Balussery Benefit Chit Fund?

Board Members(5)

NameDesignationAppointment DateStatus
Mambilamadam Vaidyanathan In Director 20-Jul-1968Current
Viswanathan Suresh In Director 26-Jun-1986Current
Mambila Gowrikanthan In Director 20-Jul-1972Current
Sivaramakrishnan Subramanian In Director 20-Jul-1968Current
Krishnan Subramanian In Director 29-Jul-2014Current

Financial Performance and Corporate Structure Insights of Balussery Benefit Chit Fund.

Balussery Benefit Chit Fund Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 1.6% decrease. The company also saw a substantial fall in profitability, with a 17.78% decrease in profit. The company's net worth moved up by a moderate rise of 5.25%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-1.60%
Revenue from Operations
-1.68%
Total Assets
10.54%
Profit or Loss
-17.78%
Net Worth
5.25%
EBITDA
-38.79%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹0.50 M

₹41.51 M

LenderAmountStatus

Indian Bank

Creation Date: 03 Mar 2010
₹0.50 MOpen

Others

Creation Date: 24 Aug 2018
₹3.00 CrSatisfied

Vijaya Bank

Creation Date: 27 Feb 2012
₹0.45 MSatisfied

How Many Employees Work at Balussery Benefit Chit Fund?

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

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Latest Updates, News, and FAQs on Balussery Benefit Chit Fund

Recent activity within the organization

  • Annual General Meeting

    Balussery Benefit Chit Fund Private Limited last Annual general meeting of members was held on 18 Sep 2024 as per latest MCA records.

    18 Sep 2024

  • Balance Sheet

    Balussery Benefit Chit Fund Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge registered on 24 Aug 2018 via Charge ID 100214349 with Others was fully satisfied on 26 Aug 2022.

    26 Aug 2022

  • Charges

    A charge with Others amounted to Rs. 30.00 M with Charge ID 100214349 was registered on 24 Aug 2018.

    24 Aug 2018

  • Charges

    A charge registered on 17 Jul 1985 via Charge ID 80038887 with Vijaya Bank was fully satisfied on 02 Aug 2018.

    02 Aug 2018

  • Charges

    A charge with Vijaya Bank of Rs. 10.00 M registered on 17 Jul 1985 with Charge ID 80038887 was modified on 26 Mar 2018.

    26 Mar 2018

Frequently asked questions

  • Balussery Benefit Chit Fund Private Limited was incorporated on 06 Feb 1947.

  • The authorized share capital of Balussery Benefit Chit Fund Private Limited is ₹ 2.50 M and paid-up capital is ₹ 1.92 M.

  • Currently 5 directors are associated with Balussery Benefit Chit Fund Private Limited.

    • Mambilamadam Viswanathan Vaidyanathan
    • Viswanathan Suresh
    • Mambila Viswanathan Gowrikanthan
    • Sivaramakrishnan Tattamangalam Subramanian
    • Krishnan Tattamangalam Subramanian
  • As per Ministry of Corporate Affairs (Mca), the registered address of Balussery Benefit Chit Fund Private Limited is 30 Singorachari Street Triplicane, India, Triplicane Madras-5., Tamil Nadu, 600005.

  • The corporate identification number (CIN) of Balussery Benefit Chit Fund Private Limited is U65992TN1947PTC000211 and the company number is 000211 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Balussery Benefit Chit Fund Private Limited is https://www.balusserychitsonline.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Balussery Benefit Chit Fund Private Limited has fallen by -1.60%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Balussery Benefit Chit Fund Private Limited has experienced an upsurge of 5.25%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Balussery Benefit Chit Fund Private Limited amount to ₹ 0.50 M.

  • The most recent Balance Sheet for Balussery Benefit Chit Fund Private Limited was filed with the ROC on 31 Mar 2024.

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