Balussery Benefit Chit Fund Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 1.92 M
- Company Age 78 Year, 20 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 0.50 M
- Satisfied Charges ₹ 4.15 Cr
- Revenue Growth -1.60%
- Profit Growth -17.78%
- Ebitda -29.18%
- Net Worth 5.25%
- Total Assets 9.52%
About Balussery Benefit Chit Fund
Balussery Benefit Chit Fund Private Limited (BBCFPL) was founded in India on 06 February 1947 and has a glorious history of 78 years . Its registered office is in Chennai, Tamil Nadu, India.
The Corporate was formerly known as The Balussery Benefit Chit 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 2.50 M and a paid-up capital of Rs 1.92 M.
The company currently has active open charges totaling ₹0.50 M. The company has closed loans amounting to ₹4.15 Cr, as per Ministry of Corporate Affairs (MCA) records.
Mambilamadam Vaidyanathan, Viswanathan Suresh, Mambila Gowrikanthan, and Two other members serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
- Apps
Corporate Identity Details
- CIN/LLPIN
U65992TN1947PTC000211
- Company No.
000211
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
06 Feb 1947
- Date of AGM
18 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Balussery Benefit Chit Fund?
Board Members (5)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Mambilamadam Vaidyanathan ![]() | Director | 20-Jul-1968 | Current |
Viswanathan Suresh ![]() | Director | 26-Jun-1986 | Current |
Mambila Gowrikanthan ![]() | Director | 20-Jul-1972 | Current |
Sivaramakrishnan Subramanian ![]() | Director | 20-Jul-1968 | Current |
Krishnan Subramanian ![]() | Director | 29-Jul-2014 | Current |
Financial Performance 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
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What is the Ownership and Shareholding Structure of Balussery Benefit Chit Fund?
In 2023, Balussery Benefit Chit Fund had a public holding of 10.42%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Charges (Loans)
₹0.50 M
₹41.51 M
Charges Breakdown by Lending Institutions
- Indian Bank : 0.05 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
03 Mar 2010 | Indian Bank | ₹0.50 M | Open |
24 Aug 2018 | Others | ₹3.00 Cr | Satisfied |
27 Feb 2012 | Vijaya Bank | ₹0.45 M | Satisfied |
19 Feb 2005 | Icici Bank Ltd. | ₹0.60 M | Satisfied |
08 Dec 2004 | Hdfc Bank Ltd. | ₹0.46 M | Satisfied |
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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Deals i
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Gain comprehensive insights into the Deals and Valuation data of Balussery Benefit Chit Fund, 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 Balussery Benefit Chit Fund's trajectory.
Rating
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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
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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.