Chemm Finance Limited

Provides loans against gold assets and household jewellery collateral, with head office in Bangalore.

1993 | Bangalore, Karnataka (India) | Active
Last Updated: July 07, 2024

Chemm Finance Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 5.92 Cr
  • Company Age 31 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 47.11 Cr
  • Satisfied Charges ₹ 47.27 Cr
  • Revenue Growth 2.00%
  • Profit Growth -75.60%
  • Ebitda -3.11%
  • Net Worth 0.20%
  • Total Assets -4.48%

About Chemm Finance

Chemm Finance Limited (CFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 02 August 1993 and has a history of 31 years and six months. Its registered office is in Bangalore, Karnataka, 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 2023. It's a company limited by shares with an authorized capital of Rs 7.00 Cr and a paid-up capital of Rs 5.92 Cr.

The company currently has active open charges totaling ₹47.11 Cr. The company has closed loans amounting to ₹47.27 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Chemm Finance Limited India is Priti Mishra as COMPANY SECRETARY. Shashikala Ramachandra, Pandithacholanaloor Kalyanaraman, Thomas Mathew, and Six other members serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U85110KA1993PLC014599

  • Company No.

    014599

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    02 Aug 1993

  • Date of AGM

    30 Jun 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services

Who are the key members and board of directors at Chemm Finance?

Executive Team (1)

NameDesignationAppointment DateStatus
Priti Mishra Company Secretary05-Mar-2021Current

Board Members (9)

NameDesignationAppointment DateStatus
Shashikala Ramachandra Country flag representing In Director 10-May-2022Current
Pandithacholanaloor Kalyanaraman Country flag representing In Director 21-Dec-2015Current
Thomas Mathew Country flag representing In Director 03-Apr-2006Current
Thazhathe Radhakrishnan Country flag representing In Director 20-Jun-2009Current
Megha Country flag representing In Director 19-Aug-2013Current
Aloshiouskoodalypaul Country flag representing In Director 21-Mar-2005Current

Financial Performance of Chemm Finance.

Chemm Finance Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2% increase. The company also saw a substantial fall in profitability, with a 75.6% decrease in profit. The company's net worth moved up by a moderate rise of 0.2%.

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
2.00%
Revenue from Operations
-6.48%
Total Assets
-4.48%
Profit or Loss
-75.60%
Net Worth
0.20%
EBITDA
-3.11%

What is the Ownership and Shareholding Structure of Chemm Finance?

In 2023, Chemm Finance had a promoter holding of 95.90% and a public holding of 4.10%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹47.11 Cr

Satisfied Charges

₹47.27 Cr

Charges Breakdown by Lending Institutions

  • Others : 29.16 Cr
  • Catholic Syrian Bank Limited : 10.00 Cr
  • Idbi Trusteeship Services Limited : 6.95 Cr
  • P V Menon And Associates : 0.50 Cr
  • P.V.Menon Chartered Associates : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
26 Sep 2023Idbi Trusteeship Services Limited₹3.60 CrOpen
10 Jun 2023Idbi Trusteeship Services Limited₹1.78 CrOpen
13 Mar 2023Idbi Trusteeship Services Limited₹1.57 CrOpen
12 Dec 2022Others₹2.83 CrOpen
03 Aug 2022Others₹4.12 CrOpen

How Many Employees Work at Chemm Finance?

Chemm Finance has a workforce of 110 employees as of Apr 07, 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 Chemm Finance, 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 Chemm Finance'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 Chemm Finance

Recent activity within the organization

  • Charges

    A charge registered on 03 Sep 2020 via Charge ID 100376927 with Others was fully satisfied on 24 Nov 2023.

    24 Nov 2023

  • Charges

    A charge registered on 22 Aug 2017 via Charge ID 100120320 with Others was fully satisfied on 24 Nov 2023.

    24 Nov 2023

  • Charges

    A charge with Idbi Trusteeship Services Limited amounted to Rs. 3.60 Cr with Charge ID 100819768 was registered on 26 Sep 2023.

    26 Sep 2023

  • Charges

    A charge registered on 29 May 2020 via Charge ID 100343216 with Others was fully satisfied on 28 Jul 2023.

    28 Jul 2023

  • Charges

    A charge registered on 24 Feb 2020 via Charge ID 100330168 with Others was fully satisfied on 28 Jul 2023.

    28 Jul 2023

  • Charges

    A charge registered on 18 Nov 2019 via Charge ID 100311965 with Others was fully satisfied on 28 Jul 2023.

    28 Jul 2023

Frequently asked questions

  • Chemm Finance Limited was incorporated on 02 Aug 1993.

  • The authorized share capital of Chemm Finance Limited is ₹ 7.00 Cr and paid-up capital is ₹ 5.92 Cr.

  • Currently 10 directors are associated with Chemm Finance Limited.

    • Priti Mishra
    • Shashikala Ramachandra
    • Pandithacholanaloor Ramaswamy Kalyanaraman
    • Thomas Mathew
    • Thazhathe Padikkatu Radhakrishnan
    • Megha
    • Aloshiouskoodalypaul
    • Wilson Onnunni
    • George Devassy Chemmanur
    • Kothamachu Sivaiah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Chemm Finance Limited is J BlockUnity Building J.C.Road Bangalore, Karnataka, India, 560002.

  • The corporate identification number (CIN) of Chemm Finance Limited is U85110KA1993PLC014599 and the company number is 014599 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Chemm Finance Limited is https://www.chemmfinance.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Chemm Finance Limited has risen by 2.00%.

  • As Per 2023 financial reports, 110 employees are currently employed by Chemm Finance Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Chemm Finance Limited has experienced an upsurge of 0.20%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Chemm Finance Limited amount to ₹ 47.11 Cr.

  • The most recent Balance Sheet for Chemm Finance Limited was filed with the ROC on 31 Mar 2023.

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