Cheran Finance Limited

Financial services company providing leasing and purchasing options for various equipment and assets.

1986 | Coimbatore, Tamil Nadu (India) | Active
Last Updated:

Cheran Finance Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 38 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.30 Cr
  • Revenue Growth %
  • Profit Growth -10.48%
  • Ebitda -3.08%
  • Net Worth -18.84%
  • Total Assets -48.01%

About Cheran Finance

Cheran Finance Limited (CFL) is a Public Limited Indian Non-Government Company incorporated in India on 11 December 1986 and has a history of 38 years and five months. Its registered office is in Coimbatore, Tamil Nadu, India.

The Corporate was formerly known as Cheran Leasing & H.P. Finance 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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹1.30 Cr.

Samiyappa Subiramani, Baskaran Palanisamy, and Kannan Kuppusamy serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65921TZ1986PLC001885

  • Company No.

    001885

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Dec 1986

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Financial Services
Company report

Cheran Finance Limited

Explore comprehensive data for Cheran Finance Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (3)

NameDesignationAppointment DateStatus
Samiyappa Subiramani Country flag representing In Director 24-Jun-2022Current
Baskaran Palanisamy Country flag representing In Director 19-Apr-2018Current
Kannan Kuppusamy Country flag representing In Director 24-Jun-2022Current

Financial Performance of Cheran Finance.

Cheran Finance Limited, for the financial year ended 2019, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 10.48% decrease in profit. The company's net worth observed a substantial decline by a decrease of 18.84%.

Cheran Finance revenue growth over time
Cheran Finance 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
Revenue from Operations
Total Assets
-48.01%
Profit or Loss
-10.48%
Net Worth
-18.84%
EBITDA
-3.08%

What is the Ownership and Shareholding Structure of Cheran Finance?

In 2018, Cheran Finance 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

₹1.30 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Union Bank Of India : 0.90 Cr
  • Indian Bank : 0.30 Cr
  • Bank Of Madura Ltd. : 0.10 Cr

Latest Charge Details

DateLenderAmountStatus
24 Sep 1988Bank Of Madura Ltd.₹1.00 MOpen
07 Apr 1988Union Bank Of India₹5.00 MOpen
18 Feb 1988Indian Bank₹1.50 MOpen
08 Feb 1988Indian Bank₹1.50 MOpen
20 Nov 1987Union Bank Of India₹2.00 MOpen

How Many Employees Work at Cheran Finance?

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

Employee growth trends for Cheran Finance Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Cheran 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 Cheran 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 Cheran Finance

Recent activity within the organization

  • Annual General Meeting

    Cheran Finance Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Cheran Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

  • Director Appointment

    Samiyappa Govandar Subiramani was appointed as a Director was appointed as a Director on 24 Jun 2022 & has been associated with this company since 2 years 10 months .

  • Director Appointment

    Kannan Kuppusamy was appointed as a Director was appointed as a Director on 24 Jun 2022 & has been associated with this company since 2 years 10 months .

  • Director Appointment

    Baskaran Palanisamy was appointed as a Director was appointed as a Director on 19 Apr 2018 & has been associated with this company since 7 years 24 days .

  • Charges

    A charge with Bank Of Madura Ltd. amounted to Rs. 0.10 Cr with Charge ID 90007865 was registered on 24 Sep 1988.

Frequently asked questions

  • What is the Incorporation or founding date of Cheran Finance Limited?

    Cheran Finance Limited was incorporated on 11 Dec 1986.

  • What is authorized share capital and paid-up capital of Cheran Finance Limited?

    The authorized share capital of Cheran Finance Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Who are the current board members & directors of Cheran Finance Limited?

    Currently 3 directors are associated with Cheran Finance Limited.

    • Samiyappa Govandar Subiramani
    • Baskaran Palanisamy
    • Kannan Kuppusamy

  • What is the registered address of Cheran Finance Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Cheran Finance Limited is No.78 Cheran Towers Govt Arts College Road, India, Coimbatore, Tamil Nadu, 641018.

  • What is the corporate identification number (CIN) and company number of Cheran Finance Limited?

    The corporate identification number (CIN) of Cheran Finance Limited is U65921TZ1986PLC001885 and the company number is 001885 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Cheran Finance Limited?

    The Official website of Cheran Finance Limited is https://www.cheranglobal.com

  • What change has been observed in the net worth of Cheran Finance Limited, and by what percentage?

    The financial reports for the fiscal year 2019 indicates that The net worth of Cheran Finance Limited has experienced an downturn of -18.84%.

  • What are the total open charges for Cheran Finance Limited?

    As per the financial statements for fiscal Year 2019, The total open charges for Cheran Finance Limited amount to ₹ 1.30 Cr.

  • When was the last Balance Sheet of Cheran Finance Limited filed with the ROC?

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

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