Kumbakonam Mutual Benefit Fund Nidhi Profile
Key Indicators
- Authorised Capital ₹ 40.00 Cr
- Paid Up Capital ₹ 30.38 Cr
- Company Age 121 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 215.00 Cr
- Revenue Growth 10.76%
- Profit Growth 4.64%
- Ebitda 5.93%
- Net Worth 13.33%
- Total Assets 12.63%
About Kumbakonam Mutual Benefit Fund Nidhi
Kumbakonam Mutual Benefit Fund Nidhi Limited (KMBFNL) was founded in India on 01 December 1903 and has a glorious history of 121 years and two months. Its registered office is in Kumbakonam, Tamil Nadu, India.
The Corporate was formerly known as The Kumbakonam Mutual 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 40.00 Cr and a paid-up capital of Rs 30.38 Cr.
The company has closed loans amounting to ₹215.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Kumbakonam Mutual Benefit Fund Nidhi Limited India are Sweety Jhunjhunwala as COMPANY SECRETARY and Saminathan Shanmugam as Cfo. Prakasam Balasubramanian, Sellaperumal Ramalingam, Sundararajan Kalyanasundaram, and Five other members serve as directors at the Company.
Company Details
- Location
Kumbakonam, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U65991TN1903PLN001246
- Company No.
001246
- Company Classification
Nidhi Limited Company
- Incorporation Date
01 Dec 1903
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Kumbakonam Mutual Benefit Fund Nidhi?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Velappan Ponnusamy  | Managing Director | 08-Nov-2021 | Current |
| Sweety Jhunjhunwala | Company Secretary | 25-Apr-2024 | Current |
| Saminathan Shanmugam | CFO | 02-May-2024 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Guru Prasanth | Director | 08-Nov-2021 | Current |
| Prakasam Balasubramanian | Director | 08-Nov-2021 | Current |
| Sellaperumal Ramalingam | Director | 08-Nov-2021 | Current |
| Sundararajan Kalyanasundaram | Director | 08-Nov-2021 | Current |
| Ganapathy Anbalagan | Director | 08-Nov-2021 | Current |
| Durairaj Govindasamy | Director | 08-Nov-2021 | Current |
Financial Performance of Kumbakonam Mutual Benefit Fund Nidhi.
Kumbakonam Mutual Benefit Fund Nidhi Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 10.76% increase. The company also saw a slight improvement in profitability, with a 4.64% increase in profit. The company's net worth Soared by an impressive increase of 13.33%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Kumbakonam Mutual Benefit Fund Nidhi?
In 2022, Kumbakonam Mutual Benefit Fund Nidhi had a public holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
The Ganges Rope Company Ltd.Sweety Jhunjhunwala is a mutual person
Service Care LimitedSweety Jhunjhunwala is a mutual person
Chamber Of NidhisVelappan Ponnusamy is a mutual person
- Necem Cements Ltd
Sweety Jhunjhunwala is a mutual person
- Pharmachol Chemicals Private Limited
Sweety Jhunjhunwala is a mutual person
- Saraswati Power And Industries Private Limited
Sweety Jhunjhunwala is a mutual person
Charges (Loans)
₹0
₹215.00 Cr
Charges Breakdown by Lending Institutions
- Indian Bank : 75.00 Cr
- City Union Bank Limited : 50.00 Cr
- Indian Overseas Bank : 50.00 Cr
- The Karur Vysya Bank Limited : 20.00 Cr
- Lakshmi Vilas Bank Limited : 20.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Sep 2011 | Indian Overseas Bank | ₹50.00 Cr | Satisfied |
| 24 Mar 2011 | Indian Bank | ₹75.00 Cr | Satisfied |
| 01 Feb 2011 | Lakshmi Vilas Bank Limited | ₹20.00 Cr | Satisfied |
| 20 Jul 2010 | The Karur Vysya Bank Limited | ₹20.00 Cr | Satisfied |
| 13 Jan 2010 | City Union Bank Limited | ₹50.00 Cr | Satisfied |
How Many Employees Work at Kumbakonam Mutual Benefit Fund Nidhi?
Unlock and access historical data on people associated with Kumbakonam Mutual Benefit Fund Nidhi, 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 Kumbakonam Mutual 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 Kumbakonam Mutual Benefit Fund Nidhi'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.
