Eureka Finance Limited

Provides financial and related services, specializing in hire purchase for movable assets.

1986 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: December 24, 2024

Eureka Finance Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 6.50 M
  • Company Age 38 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.00 M
  • Revenue Growth -93.88%
  • Profit Growth -99.92%
  • Ebitda -100.08%
  • Net Worth 3.74%
  • Total Assets 9.20%

About Eureka Finance

Eureka Finance Limited (EFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 30 December 1986 and has a history of 38 years and one month. Its registered office is in Coimbatore, Tamil Nadu, India.

The Corporate was formerly known as Eureka Finance Private 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 6.50 M.

The company currently has active open charges totaling ₹9.00 M.

Jagadeesan Velumani, Maruthachalam Arjun, and Paramasiva Muthuvelraj 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

    U65921TZ1986PLC001897

  • Company No.

    001897

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 Dec 1986

  • Date of AGM

    29 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Financial Services

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

Board Members (3)

NameDesignationAppointment DateStatus
Jagadeesan Velumani Country flag representing In Director 30-Dec-1986Current
Maruthachalam Arjun Country flag representing In Director 30-Dec-1986Current
Paramasiva Muthuvelraj Country flag representing In Director 29-Jul-2018Current

Financial Performance of Eureka Finance.

Eureka Finance Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 93.88% decrease. The company also saw a substantial fall in profitability, with a 99.92% decrease in profit. The company's net worth moved up by a moderate rise of 3.74%.

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
-93.88%
Revenue from Operations
-94.03%
Total Assets
9.20%
Profit or Loss
-99.92%
Net Worth
3.74%
EBITDA
-100.08%

What is the Ownership and Shareholding Structure of Eureka Finance?

In 2020, Eureka Finance had a promoter holding of 28.15% and a public holding of 71.85%. The company had 3 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.90 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Lakshmi Vilas Bank Limited : 0.90 Cr

Latest Charge Details

DateLenderAmountStatus
28 Jan 2019Lakshmi Vilas Bank Limited₹9.00 MOpen

How Many Employees Work at Eureka Finance?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Eureka Finance Limited last Annual general meeting of members was held on 29 Sep 2024 as per latest MCA records.

    29 Sep 2024

  • Balance Sheet

    Eureka Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

    31 Mar 2024

  • Charges

    A charge with Lakshmi Vilas Bank Limited amounted to Rs. 0.90 Cr with Charge ID 100235636 was registered on 28 Jan 2019.

    28 Jan 2019

  • Director Appointment

    Paramasiva Naidu Muthuvelraj was appointed as a Director was appointed as a Director on 29 Jul 2018 & has been associated with this company since 6 years 6 months .

    29 Jul 2018

  • Director Appointment

    Jagadeesan Velumani was appointed as a Director was appointed as a Director on 30 Dec 1986 & has been associated with this company since 38 years 1 month .

    30 Dec 1986

  • Director Appointment

    Maruthachalam Arjun was appointed as a Director was appointed as a Director on 30 Dec 1986 & has been associated with this company since 38 years 1 month .

    30 Dec 1986

Frequently asked questions

  • Eureka Finance Limited was incorporated on 30 Dec 1986.

  • The authorized share capital of Eureka Finance Limited is ₹ 1.00 Cr and paid-up capital is ₹ 6.50 M.

  • Currently 3 directors are associated with Eureka Finance Limited.

    • Jagadeesan Velumani
    • Maruthachalam Arjun
    • Paramasiva Naidu Muthuvelraj
  • As per Ministry of Corporate Affairs (Mca), the registered address of Eureka Finance Limited is 252Csecond Street Gandhipuram India, Coimbatore, Tamil Nadu, 641012.

  • The corporate identification number (CIN) of Eureka Finance Limited is U65921TZ1986PLC001897 and the company number is 001897 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Eureka Finance Limited has fallen by -93.88%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Eureka Finance Limited has experienced an upsurge of 3.74%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Eureka Finance Limited amount to ₹ 9.00 M.

  • The most recent Balance Sheet for Eureka Finance Limited was filed with the ROC on 31 Mar 2024.

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