Kovil Nagaram Benefit Fund Nidhi Limited

Provides financial and related services, specializing in chit business and auctions.

2011 | Thanjavur, Tamil Nadu (India) | Active
Last Updated: December 28, 2024

Kovil Nagaram Benefit Fund Nidhi Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 8.45 M
  • Company Age 13 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 0.90 M
  • Revenue Growth 11.89%
  • Profit Growth 29.33%
  • Ebitda 2.06%
  • Net Worth 19.36%
  • Total Assets 21.58%

About Kovil Nagaram Benefit Fund Nidhi

Kovil Nagaram Benefit Fund Nidhi Limited (KNBFNL) is a Nidhi Limited Company incorporated in India on 12 September 2011 and has a history of 13 years and four months. Its registered office is in Thanjavur, Tamil Nadu, India.

The Corporate was formerly known as Kovil Nagaram Benefit Fund 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 5.00 M and a paid-up capital of Rs 8.45 M.

The company currently has active open charges totaling ₹0.90 M.

Kasinathan Balasubramanian, Govindarajalu Rangan, Rajagopal Perumal, and Two other members serve as directors at the Company.

Company Details

  • Location

    Thanjavur, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65900TN2011PLC082294

  • Company No.

    082294

  • Company Classification

    Nidhi Limited Company

  • Incorporation Date

    12 Sep 2011

  • Date of AGM

    13 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 Kovil Nagaram Benefit Fund Nidhi?

Board Members (5)

Name Designation Appointment Date Status
Kasinathan Balasubramanian Country flag representing In Additional Director 01-Jun-2022 Current
Govindarajalu Rangan Country flag representing In Additional Director 23-Apr-2018 Current
Rajagopal Perumal Country flag representing In Additional Director 23-Apr-2018 Current
Arivin Vinoth Country flag representing In Director 17-Sep-2021 Current
Andakudi Subarayan Country flag representing In Additional Director 01-Jun-2022 Current

Financial Performance of Kovil Nagaram Benefit Fund Nidhi.

Kovil Nagaram Benefit Fund Nidhi Limited, for the financial year ended 2018, experienced significant growth in revenue, with a 11.89% increase. The company also saw a substantial improvement in profitability, with a 29.33% increase in profit. The company's net worth Soared by an impressive increase of 19.36%.

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
11.89%
Revenue from Operations
10.94%
Total Assets
21.58%
Profit or Loss
29.33%
Net Worth
19.36%
EBITDA
2.06%

What is the Ownership and Shareholding Structure of Kovil Nagaram Benefit Fund Nidhi?

In 2018, Kovil Nagaram Benefit Fund Nidhi had a promoter holding of 93.33% and a public holding of 6.67%. 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 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.09 Cr

Latest Charge Details

Date Lender Amount Status
02 Dec 2019 Others ₹0.90 M Open

How Many Employees Work at Kovil Nagaram Benefit Fund Nidhi?

Kovil Nagaram Benefit Fund Nidhi has a workforce of 15 employees as of Apr 06, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Kovil Nagaram Benefit Fund 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 Kovil Nagaram Benefit Fund 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 Kovil Nagaram Benefit Fund Nidhi

Recent activity within the organization

  • Annual General Meeting

    Kovil Nagaram Benefit Fund Nidhi Limited last Annual general meeting of members was held on 13 Sep 2023 as per latest MCA records.

    13 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Director Appointment

    Kasinathan Balasubramanian was appointed as a Additional Director was appointed as a Additional Director on 01 Jun 2022 & has been associated with this company since 2 years 8 months .

    01 Jun 2022

  • Director Appointment

    Andakudi Mohanram Subarayan was appointed as a Additional Director was appointed as a Additional Director on 01 Jun 2022 & has been associated with this company since 2 years 8 months .

    01 Jun 2022

  • Director Appointment

    Arivin Muthu Vinoth was appointed as a Director was appointed as a Director on 17 Sep 2021 & has been associated with this company since 3 years 4 months .

    17 Sep 2021

  • Charges

    A charge with Others amounted to Rs. 0.90 M with Charge ID 100307764 was registered on 02 Dec 2019.

    02 Dec 2019

Frequently asked questions

  • Kovil Nagaram Benefit Fund Nidhi Limited was incorporated on 12 Sep 2011.

  • The authorized share capital of Kovil Nagaram Benefit Fund Nidhi Limited is ₹ 5.00 M and paid-up capital is ₹ 8.45 M.

  • Currently 5 directors are associated with Kovil Nagaram Benefit Fund Nidhi Limited.

    • Kasinathan Balasubramanian
    • Govindarajalu Kasthuri Rangan
    • Rajagopal Chettiar Perumal
    • Arivin Muthu Vinoth
    • Andakudi Mohanram Subarayan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kovil Nagaram Benefit Fund Nidhi Limited is Ground Floor No.36E, J P Kovil West Street India, Kumbakonam, Tamil Nadu, 612001.

  • The corporate identification number (CIN) of Kovil Nagaram Benefit Fund Nidhi Limited is U65900TN2011PLC082294 and the company number is 082294 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2018, the revenue trend for Kovil Nagaram Benefit Fund Nidhi Limited has risen by 11.89%.

  • As Per 2018 financial reports, 15 employees are currently employed by Kovil Nagaram Benefit Fund Nidhi Limited.

  • The financial reports for the fiscal year 2018 indicates that The net worth of Kovil Nagaram Benefit Fund Nidhi Limited has experienced an upsurge of 19.36%.

  • As per the financial statements for fiscal Year 2018, The total open charges for Kovil Nagaram Benefit Fund Nidhi Limited amount to ₹ 0.90 M.

  • The most recent Balance Sheet for Kovil Nagaram Benefit Fund Nidhi Limited was filed with the ROC on 31 Mar 2023.

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