Chola Business Services Limited

Provides human resources and manages manpower services for various financial and investment products.

2004 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 10, 2024

Chola Business Services Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 20 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 3.00 Cr
  • Revenue Growth -9.93%
  • Profit Growth -66.95%
  • Ebitda -5.35%
  • Net Worth 16.62%
  • Total Assets 8.44%

About Chola Business Services

Chola Business Services Limited (CBSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 December 2004 and has a history of 20 years and two months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Business 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 1.00 M and a paid-up capital of Rs 0.50 M.

The company has closed loans amounting to ₹3.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Kavitha Anjaneyan, Balraj Choorathil, Aparna Sivanandam, and One other member serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72300TN2004PLC054887

  • Company No.

    054887

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Dec 2004

  • Date of AGM

    20 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Business Services
Business Outsourcing

Who are the key members and board of directors at Chola Business Services?

Board Members (4)

NameDesignationAppointment DateStatus
Kavitha Anjaneyan Country flag representing In Director 29-Apr-2022Current
Balraj Choorathil Country flag representing In Director 13-Feb-2020Current
Aparna Sivanandam Country flag representing In Director 30-Aug-2019Current
Shibu Unnithan Country flag representing In Director 23-Jun-2023Current

Financial Performance of Chola Business Services.

Chola Business Services Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 9.93% decrease. The company also saw a substantial fall in profitability, with a 66.95% decrease in profit. The company's net worth Soared by an impressive increase of 16.62%.

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
-9.93%
Revenue from Operations
-11.81%
Total Assets
8.44%
Profit or Loss
-66.95%
Net Worth
16.62%
EBITDA
-5.35%

What is the Ownership and Shareholding Structure of Chola Business Services?

In 2021, Chola Business Services had a promoter holding of 99.99% and a public holding of 0.01%. The company had 1 Associate company. 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

₹30.00 M

Charges Breakdown by Lending Institutions

  • Cholamandalam Dbs Finance Limited : 3.00 Cr

Latest Charge Details

DateLenderAmountStatus
29 Apr 2008Cholamandalam Dbs Finance Limited₹3.00 CrSatisfied

How Many Employees Work at Chola Business Services?

Chola Business Services has a workforce of 20878 employees as of Apr 06, 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 Chola Business Services, 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 Chola Business Services'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 Chola Business Services

Recent activity within the organization

  • Annual General Meeting

    Chola Business Services Limited last Annual general meeting of members was held on 20 Sep 2024 as per latest MCA records.

    20 Sep 2024

  • Balance Sheet

    Chola Business Services Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Shibu Unnithan was appointed as a Director was appointed as a Director on 23 Jun 2023 & has been associated with this company since 1 year 8 months .

    23 Jun 2023

  • Director Appointment

    Kavitha Anjaneyan was appointed as a Director was appointed as a Director on 29 Apr 2022 & has been associated with this company since 2 years 9 months .

    29 Apr 2022

  • Director Appointment

    Balraj Menon Choorathil was appointed as a Director was appointed as a Director on 13 Feb 2020 & has been associated with this company since 5 years 10 days .

    13 Feb 2020

  • Director Appointment

    Aparna Sivanandam was appointed as a Director was appointed as a Director on 30 Aug 2019 & has been associated with this company since 5 years 5 months .

    30 Aug 2019

Frequently asked questions

  • Chola Business Services Limited was incorporated on 09 Dec 2004.

  • The authorized share capital of Chola Business Services Limited is ₹ 1.00 M and paid-up capital is ₹ 0.50 M.

  • Currently 4 directors are associated with Chola Business Services Limited.

    • Kavitha Anjaneyan
    • Balraj Menon Choorathil
    • Aparna Sivanandam
    • Shibu Unnithan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Chola Business Services Limited is Chola Crest C54-C55 Super B-4 Thiru-Vi-Ka Industrial Estate, Guindy India, Chennai City Corporation, Tamil Nadu, 600032.

  • The corporate identification number (CIN) of Chola Business Services Limited is U72300TN2004PLC054887 and the company number is 054887 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Chola Business Services Limited has fallen by -9.93%.

  • As Per 2021 financial reports, 20878 employees are currently employed by Chola Business Services Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Chola Business Services Limited has experienced an upsurge of 16.62%.

  • The most recent Balance Sheet for Chola Business Services Limited was filed with the ROC on 31 Mar 2024.

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