Valgaa Financial Services Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 5.00 Cr
- Company Age 34 Year, 10 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 36.48 Cr
- Satisfied Charges ₹ 40.29 Cr
- Revenue Growth 20.88%
- Profit Growth 39.72%
- Ebitda 35.78%
- Net Worth 5.94%
- Total Assets 6.22%
About Valgaa Financial Services
Valgaa Financial Services Limited (VFSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 25 February 1991 and has a history of 34 years. Its registered office is in Salem, Tamil Nadu, India.
The Corporate was formerly known as G T 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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 5.00 Cr.
The company currently has active open charges totaling ₹36.48 Cr. The company has closed loans amounting to ₹40.29 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sengodagounder Muthurajan, Muthusamy Saroja, Raghunath Chellappan, and Two other members serve as directors at the Company.
Company Details
- Location
Salem, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65921TZ1991PLC003149
- Company No.
003149
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
25 Feb 1991
- Date of AGM
16 Jul 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 Valgaa Financial Services?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashokraj Muthurajan  | Managing Director | 20-Nov-2017 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sengodagounder Muthurajan | Director | 25-Feb-1991 | Current |
| Muthusamy Saroja | Director | 25-Feb-1991 | Current |
| Raghunath Chellappan | Director | 13-Aug-2024 | Current |
| Samudhram Muthuvelu | Whole-Time Director | 31-Jan-1996 | Current |
Financial Performance of Valgaa Financial Services.
Valgaa Financial Services Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.88% increase. The company also saw a substantial improvement in profitability, with a 39.72% increase in profit. The company's net worth moved up by a moderate rise of 5.94%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Valgaa Financial Services?
In 2023, Valgaa Financial Services had a promoter holding of 0.60% and a public holding of 99.40%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Swelect Energy Systems LimitedRaghunath Chellappan is a mutual person
- Swelect Sun Energy Private Limited
Raghunath Chellappan is a mutual person
- Swelect Renewable Energy Private Limited
Raghunath Chellappan is a mutual person
- Noel Media & Advertising Private Limited
Raghunath Chellappan is a mutual person
Sri Gokulam Hospitals Private LimitedSengodagounder Muthurajan is a mutual person
Valgo Logistics Services LlpSengodagounder Muthurajan and Muthusamy Saroja are mutual person
Charges (Loans)
Open Charges
₹36.48 Cr
Satisfied Charges
₹40.29 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 35.00 Cr
- Hdfc Bank Limited : 1.20 Cr
- Gda Trusteeship Limited : 0.28 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Sep 2023 | State Bank Of India | ₹35.00 Cr | Open |
| 25 Jul 2022 | Hdfc Bank Limited | ₹1.20 Cr | Open |
| 29 Sep 2014 | Gda Trusteeship Limited | ₹2.75 M | Open |
| 06 Jul 2020 | Others | ₹7.86 M | Satisfied |
| 24 Oct 2019 | Karnataka Bank Ltd. | ₹20.00 Cr | Satisfied |
How Many Employees Work at Valgaa Financial Services?
Valgaa Financial Services has a workforce of 53 employees as of Apr 09, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Valgaa Financial 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 Valgaa Financial Services's trajectory.
Rating
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
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 Valgaa Financial Services
Recent activity within the organization
- Director Appointment
Raghunath Venkatagiri Chellappan was appointed as a Director was appointed as a Director on 13 Aug 2024 & has been associated with this company since 6 months 24 days .
- Annual General Meeting
Valgaa Financial Services Limited last Annual general meeting of members was held on 16 Jul 2024 as per latest MCA records.
- Charges
A charge with State Bank Of India of Rs. 35.00 Cr registered on 25 Sep 2023 with Charge ID 100792063 was modified on 24 May 2024.
- Balance Sheet
Valgaa Financial Services Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
- Charges
A charge registered on 24 Oct 2019 via Charge ID 100299318 with Karnataka Bank Ltd. was fully satisfied on 06 Oct 2023.
- Charges
A charge with State Bank Of India amounted to Rs. 35.00 Cr with Charge ID 100792063 was registered on 25 Sep 2023.
Frequently asked questions
What is the Incorporation or founding date of Valgaa Financial Services Limited?
Valgaa Financial Services Limited was incorporated on 25 Feb 1991.
What is authorized share capital and paid-up capital of Valgaa Financial Services Limited?
The authorized share capital of Valgaa Financial Services Limited is ₹ 5.00 Cr and paid-up capital is ₹ 5.00 Cr.
Who are the current board members & directors of Valgaa Financial Services Limited?
Currently 5 directors are associated with Valgaa Financial Services Limited.
- Sengodagounder Muthurajan
- Muthusamy Baby Saroja
- Raghunath Venkatagiri Chellappan
- Samudhram Senguttuvelavan Muthuvelu
- Ashokraj Muthurajan
What is the registered address of Valgaa Financial Services Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Valgaa Financial Services Limited is No 4 36Bharathi Street Swarnapuri India, Salem, Tamil Nadu, 636004.
What is the corporate identification number (CIN) and company number of Valgaa Financial Services Limited?
The corporate identification number (CIN) of Valgaa Financial Services Limited is U65921TZ1991PLC003149 and the company number is 003149 as per Ministry of Corporate Affairs (MCA).
What is the official website of Valgaa Financial Services Limited?
The Official website of Valgaa Financial Services Limited is https://www.valgaafs.com
What has been the recent revenue trend for Valgaa Financial Services Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Valgaa Financial Services Limited has risen by 20.88%.
How many employees does Valgaa Financial Services Limited currently have?
As Per 2023 financial reports, 53 employees are currently employed by Valgaa Financial Services Limited.
What change has been observed in the net worth of Valgaa Financial Services Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Valgaa Financial Services Limited has experienced an upsurge of 5.94%.
What are the total open charges for Valgaa Financial Services Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Valgaa Financial Services Limited amount to ₹ 36.48 Cr.
When was the last Balance Sheet of Valgaa Financial Services Limited filed with the ROC?
The most recent Balance Sheet for Valgaa Financial Services Limited was filed with the ROC on 31 Mar 2024.
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