Egmore Benefit Saswatha Nidhi Limited

Provides loans to individuals, established in 1886 in Madras, Tamil Nadu.

1886 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Egmore Benefit Saswatha Nidhi Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 2.75 M
  • Company Age 139 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.03 M
  • Revenue Growth -10.45%
  • Profit Growth -40.55%
  • Ebitda -20.19%
  • Net Worth 2.29%
  • Total Assets -7.15%

About Egmore Benefit Saswatha Nidhi

Egmore Benefit Saswatha Nidhi Limited (EBSNL) was founded in India on 20 January 1886 and has a glorious history of 139 years and two months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Egmore Benefit Society 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 7.50 M and a paid-up capital of Rs 2.75 M.

The company currently has active open charges totaling ₹2.03 M.

Venkatachalam Ramasamyudayar, Radha Venkataachalam, Thillainayagam Sellamuthu, and Five other members 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

    U65929TN1886PLC000672

  • Company No.

    000672

  • Company Classification

    Nidhi Limited Company

  • Incorporation Date

    20 Jan 1886

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

Who are the key members and board of directors at Egmore Benefit Saswatha Nidhi?

Board Members (8)

NameDesignationAppointment DateStatus
Venkatachalam Ramasamyudayar Country flag representing In Director 11-Aug-1993Current
Radha Venkataachalam Country flag representing In Director 30-Sep-2003Current
Thillainayagam Sellamuthu Country flag representing In Director 30-Sep-2003Current
Chidambaram Thiagarajan Country flag representing In Director 11-Aug-1993Current
Krishnamoorthy Sundareswaran Country flag representing In Director 28-May-1994Current
Thillainayagam Yeswanth Country flag representing In Director 22-May-2016Current

Financial Performance of Egmore Benefit Saswatha Nidhi.

Egmore Benefit Saswatha Nidhi Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 10.45% decrease. The company also saw a substantial fall in profitability, with a 40.55% decrease in profit. The company's net worth moved up by a moderate rise of 2.29%.

Egmore Benefit Saswatha Nidhi revenue growth over time
Egmore Benefit Saswatha Nidhi 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
-10.45%
Revenue from Operations
-12.66%
Total Assets
-7.15%
Profit or Loss
-40.55%
Net Worth
2.29%
EBITDA
-20.19%

What is the Ownership and Shareholding Structure of Egmore Benefit Saswatha Nidhi?

In 2023, Egmore Benefit Saswatha Nidhi had a promoter holding of 1.50% and a public holding of 98.50%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.03 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Indian Bank : 0.20 Cr

Latest Charge Details

DateLenderAmountStatus
15 Sep 2022Indian Bank₹2.03 MOpen

How Many Employees Work at Egmore Benefit Saswatha Nidhi?

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

Employee growth trends for Egmore Benefit Saswatha Nidhi Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Egmore Benefit Saswatha Nidhi, 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 Egmore Benefit Saswatha Nidhi'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 Egmore Benefit Saswatha Nidhi

Recent activity within the organization

  • Annual General Meeting

    Egmore Benefit Saswatha Nidhi Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Egmore Benefit Saswatha Nidhi Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

  • Charges

    A charge with Indian Bank amounted to Rs. 2.03 M with Charge ID 100623804 was registered on 15 Sep 2022.

  • Director Appointment

    Thillainayagam Yeswanth was appointed as a Director was appointed as a Director on 22 May 2016 & has been associated with this company since 8 years 10 months .

  • Director Appointment

    Radha Venkataachalam was appointed as a Director was appointed as a Director on 30 Sep 2003 & has been associated with this company since 21 years 5 months .

  • Director Appointment

    Thillainayagam Sellamuthu was appointed as a Director was appointed as a Director on 30 Sep 2003 & has been associated with this company since 21 years 5 months .

Frequently asked questions

  • What is the Incorporation or founding date of Egmore Benefit Saswatha Nidhi Limited?

    Egmore Benefit Saswatha Nidhi Limited was incorporated on 20 Jan 1886.

  • What is authorized share capital and paid-up capital of Egmore Benefit Saswatha Nidhi Limited?

    The authorized share capital of Egmore Benefit Saswatha Nidhi Limited is ₹ 7.50 M and paid-up capital is ₹ 2.75 M.

  • Who are the current board members & directors of Egmore Benefit Saswatha Nidhi Limited?

    Currently 8 directors are associated with Egmore Benefit Saswatha Nidhi Limited.

    • Venkatachalam Venkatachalapathy Ramasamyudayar
    • Radha Venkataachalam
    • Thillainayagam Sellamuthu
    • Chidambaram Thiagarajan
    • Krishnamoorthy Sundareswaran
    • Thillainayagam Yeswanth
    • Jayaram Ravisankar
    • Thillainayagam Bhaskerraj

  • What is the registered address of Egmore Benefit Saswatha Nidhi Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Egmore Benefit Saswatha Nidhi Limited is New No.25, Old No.13 Flowers Road India, Madras, Tamil Nadu, 600084.

  • What is the corporate identification number (CIN) and company number of Egmore Benefit Saswatha Nidhi Limited?

    The corporate identification number (CIN) of Egmore Benefit Saswatha Nidhi Limited is U65929TN1886PLC000672 and the company number is 000672 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Egmore Benefit Saswatha Nidhi Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Egmore Benefit Saswatha Nidhi Limited has fallen by -10.45%.

  • What change has been observed in the net worth of Egmore Benefit Saswatha Nidhi Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Egmore Benefit Saswatha Nidhi Limited has experienced an upsurge of 2.29%.

  • What are the total open charges for Egmore Benefit Saswatha Nidhi Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Egmore Benefit Saswatha Nidhi Limited amount to ₹ 2.03 M.

  • When was the last Balance Sheet of Egmore Benefit Saswatha Nidhi Limited filed with the ROC?

    The most recent Balance Sheet for Egmore Benefit Saswatha Nidhi Limited was filed with the ROC on 31 Mar 2023.

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