Karur Finance Profile
Key Indicators
- Authorised Capital ₹ 2.12 Cr
- Paid Up Capital ₹ 1.48 Cr
- Company Age 27 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- 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 27 years and ten months. Its registered office is in Tamilnadu, 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 2023. 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
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Location
Tamilnadu, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U65191TN1997PTC037749
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Company No.
037749
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
19 Mar 1997
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Chennai
Industry
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 |
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Chellappan Rengaraj
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Managing Director | 12-Dec-2013 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Nachimuthu Prasath
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Director | 28-Oct-2017 | Current |
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Vaiyapuri Rajendran
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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%.
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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)
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Alpha Mills Private LimitedMarappa Nachimuthu is a mutual person
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Atlas Textiles Export Private Limited
Marappa Nachimuthu is a mutual person
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Karur Enterprises Private Limited
Marappa Nachimuthu is a mutual person
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Nallam Wind Farms Private Limited
Marappa Nachimuthu and Nachimuthu Prasath are mutual person
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Atlas Wind Farms Private Limited
Marappa Nachimuthu and Nachimuthu Prasath are mutual person
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Karur Texcity Private Limited
Marappa Nachimuthu is a mutual person
Charges (Loans)
₹3.00 Cr
₹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
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.
