Karur Finance Private Limited
Provides financial services and generates/distributes electrical power using non-conventional sources.
1997 | Karur, Tamil Nadu (India) | Active
Karur Finance Profile
Key Indicators
- Authorised Capital ₹ 2.12 Cr
- Paid Up Capital ₹ 1.48 Cr
- Company Age 28 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 3.00 Cr
- Satisfied Charges ₹ 4.75 Cr
- Revenue Growth -10.33%
- Profit Growth -38.99%
- Ebitda -13.69%
- Net Worth 5.92%
- Total Assets 6.07%
About Karur Finance
Karur Finance Private Limited (KFPL) is a Private Limited Indian Non-Government Company incorporated in India on 19 March 1997 and has a history of 28 years and one month. Its registered office is in Karur, Tamil Nadu, India.
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 2.12 Cr and a paid-up capital of Rs 1.48 Cr.
The company currently has active open charges totaling ₹3.00 Cr. The company has closed loans amounting to ₹4.75 Cr, as per Ministry of Corporate Affairs (MCA) records.
Marappa Nachimuthu, Nachimuthu Prasath, Chellappan Rengaraj, and One other member serve as directors at the Company.
Company Details
- Location
Karur, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65191TN1997PTC037749
- Company No.
037749
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
19 Mar 1997
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Financial Services
Environment
Karur Finance Private Limited
Explore comprehensive data for Karur Finance Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Karur Finance?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Marappa Nachimuthu  | Managing Director | 19-Mar-1997 | Current |
| Chellappan Rengaraj | Managing Director | 12-Dec-2013 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nachimuthu Prasath | Director | 28-Oct-2017 | Current |
| Vaiyapuri Rajendran | Director | 28-Oct-2017 | Current |
Financial Performance of Karur Finance.
Karur Finance Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 10.33% decrease. The company also saw a substantial fall in profitability, with a 38.99% decrease in profit. The company's net worth moved up by a moderate rise of 5.92%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Karur Finance?
In 2023, Karur Finance had a promoter holding of 99.97% and a public holding of 0.03%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Alpha Mills Private Limited
Marappa Nachimuthu is a mutual person
- Atlas Textiles Export Private Limited
Marappa Nachimuthu is a mutual person
- Karur Enterprises Private Limited
Marappa Nachimuthu is a mutual person
- Nallam Wind Farms Private Limited
Marappa Nachimuthu and Nachimuthu Prasath are mutual person
- Atlas Wind Farms Private Limited
Marappa Nachimuthu and Nachimuthu Prasath are mutual person
- Karur Texcity Private Limited
Marappa Nachimuthu is a mutual person
Charges (Loans)
Open Charges
₹3.00 Cr
Satisfied Charges
₹4.75 Cr
Charges Breakdown by Lending Institutions
- Others : 3.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Nov 2022 | Others | ₹3.00 Cr | Open |
| 11 Dec 2004 | The Lakshmi Vilas Bank Ltd. | ₹2.38 Cr | Satisfied |
| 11 Dec 2004 | The Lakshmi Vilas Bank Ltd | ₹2.38 Cr | Satisfied |
How Many Employees Work at Karur Finance?
Unlock and access historical data on people associated with Karur Finance, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Karur 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 Karur Finance's trajectory.
Rating
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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 Karur Finance
Recent activity within the organization
- Annual General Meeting
Karur Finance Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Others of Rs. 3.00 Cr registered on 23 Nov 2022 with Charge ID 100662213 was modified on 13 May 2024.
- Balance Sheet
Karur Finance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Charges
A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100662213 was registered on 23 Nov 2022.
- Director Appointment
Nachimuthu Senthil Prasath was appointed as a Director was appointed as a Director on 28 Oct 2017 & has been associated with this company since 7 years 6 months .
- Director Appointment
Vaiyapuri Karuppannan Rajendran was appointed as a Director was appointed as a Director on 28 Oct 2017 & has been associated with this company since 7 years 6 months .
Frequently asked questions
What is the Incorporation or founding date of Karur Finance Private Limited?
Karur Finance Private Limited was incorporated on 19 Mar 1997.
What is authorized share capital and paid-up capital of Karur Finance Private Limited?
The authorized share capital of Karur Finance Private Limited is ₹ 2.12 Cr and paid-up capital is ₹ 1.48 Cr.
Who are the current board members & directors of Karur Finance Private Limited?
Currently 4 directors are associated with Karur Finance Private Limited.
- Marappa Gounder Nachimuthu
- Nachimuthu Senthil Prasath
- Chellappan Rengaraj
- Vaiyapuri Karuppannan Rajendran
What is the registered address of Karur Finance Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Karur Finance Private Limited is 28/A North Pradhakshinam Road, Karur 639 001 India, Tamilnadu, Tamil Nadu, 639001.
What is the corporate identification number (CIN) and company number of Karur Finance Private Limited?
The corporate identification number (CIN) of Karur Finance Private Limited is U65191TN1997PTC037749 and the company number is 037749 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Karur Finance Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Karur Finance Private Limited has fallen by -10.33%.
What change has been observed in the net worth of Karur Finance Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Karur Finance Private Limited has experienced an upsurge of 5.92%.
What are the total open charges for Karur Finance Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Karur Finance Private Limited amount to ₹ 3.00 Cr.
When was the last Balance Sheet of Karur Finance Private Limited filed with the ROC?
The most recent Balance Sheet for Karur Finance Private Limited was filed with the ROC on 31 Mar 2024.
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