Commonwealth Inclusive Growth Services Limited. logo

Commonwealth Inclusive Growth Services Limited.

Financial services company using technology to bank the unbanked and underbanked segments of society.
2008 | Chennai, Tamil Nadu (India) | Active

Last Updated:

October 23, 2024
HomeCompanyCommonwealth Inclusive Growth Services Limited.

Who are the key members and board of directors at Commonwealth Inclusive Growth Services?

Executive Team (3)

NameDesignationAppointment DateStatus
Vasudevan Nagarajan InCompany SecretaryCurrent
Kondath SasikumarCFOCurrent
Mahesh Ramachandran InManaging Director21-Jan-2008Current

Board Members(6)

NameDesignationAppointment DateStatus
Ramamurthy Suresh In Director 27-May-2020Current
Sattanathapuram Venkataraman In Director 30-Sep-2022Current
Krishnan Vanamamalai In Director 31-Jul-2009Current
Prabal Thiagarajan In Director 23-Feb-2015Current
Mohan Kaul Gb Director 25-May-2009Current
Suresh Ramachandran In Director 08-Aug-2014Current

Financial Performance and Corporate Structure Insights of Commonwealth Inclusive Growth Services.

Commonwealth Inclusive Growth Services Limited., for the financial year ended 2023, experienced Minor drop in revenue, with a 9.16% decrease. The company also saw a substantial fall in profitability, with a 29.67% decrease in profit. The company's net worth Soared by an impressive increase of 18.28%.

Revenue Growth Graph
Profit Loss Graph
  • 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
-9.16%
Revenue from Operations
-9.25%
Total Assets
14.33%
Profit or Loss
-29.67%
Net Worth
18.28%
EBITDA
-24.30%

Related Corporates (Common Directorship)

Charges (Loans)

Satisfied Charges

₹1.50 Cr

LenderAmountStatus

Hdfc Bank Limited

Creation Date: 27 Apr 2017
₹1.50 CrSatisfied

How Many Employees Work at Commonwealth Inclusive Growth Services?

Commonwealth Inclusive Growth Services has a workforce of 119 employees as of Apr 04, 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.

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Latest Updates, News, and FAQs on Commonwealth Inclusive Growth Services

Recent activity within the organization

  • Annual General Meeting

    Commonwealth Inclusive Growth Services Limited. last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Commonwealth Inclusive Growth Services Limited. has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge registered on 27 Apr 2017 via Charge ID 100099009 with Hdfc Bank Limited was fully satisfied on 31 Oct 2022.

    31 Oct 2022

  • Director Appointment

    Sattanathapuram Krishnamurthy Venkataraman was appointed as a Director was appointed as a Director on 30 Sep 2022 & has been associated with this company since 2 years 2 months .

    30 Sep 2022

  • Director Appointment

    Ramamurthy Suresh was appointed as a Director was appointed as a Director on 27 May 2020 & has been associated with this company since 4 years 6 months .

    27 May 2020

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.50 Cr with Charge ID 100099009 was registered on 27 Apr 2017.

    27 Apr 2017

Frequently asked questions

  • Commonwealth Inclusive Growth Services Limited. was incorporated on 21 Jan 2008.

  • The authorized share capital of Commonwealth Inclusive Growth Services Limited. is ₹ 40.00 Cr and paid-up capital is ₹ 31.30 Cr.

  • Currently 9 directors are associated with Commonwealth Inclusive Growth Services Limited..

    • Vasudevan Nagarajan
    • Kondath Sasikumar
    • Prabal Kumari Thiagarajan
    • Ramamurthy Suresh
    • Krishnan Trichy Vanamamalai
    • Mohan Lal Kaul
    • Mahesh Ramachandran
    • Suresh Thanjavur Ramachandran
    • Sattanathapuram Krishnamurthy Venkataraman
  • As per Ministry of Corporate Affairs (Mca), the registered address of Commonwealth Inclusive Growth Services Limited. is No.27 Dr.Ambedkar Road, Kodambakkam India, Chennai, Tamil Nadu, 600024.

  • The corporate identification number (CIN) of Commonwealth Inclusive Growth Services Limited. is U65920TN2008PLC066120 and the company number is 066120 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Commonwealth Inclusive Growth Services Limited. is https://www.cigs.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Commonwealth Inclusive Growth Services Limited. has fallen by -9.16%.

  • As Per 2023 financial reports, 119 employees are currently employed by Commonwealth Inclusive Growth Services Limited..

  • The financial reports for the fiscal year 2023 indicates that The net worth of Commonwealth Inclusive Growth Services Limited. has experienced an upsurge of 18.28%.

  • The most recent Balance Sheet for Commonwealth Inclusive Growth Services Limited. was filed with the ROC on 31 Mar 2023.

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