Madurai Hindu Permanent Nidhi Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 5.74 M
- Company Age 107 Year, 9 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2.00 Cr
- Satisfied Charges ₹ 2.00 Cr
- Revenue Growth -9.12%
- Profit Growth -70.63%
- Ebitda -19.39%
- Net Worth 1.30%
- Total Assets -7.96%
About Madurai Hindu Permanent Nidhi
Madurai Hindu Permanent Nidhi Limited (MHPNL) was founded in India on 22 January 1918 and has a glorious history of 107 years . Its registered office is in Madurai, Tamil Nadu, India.
The Corporate was formerly known as Madura Hindu Permanent 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 Cr and a paid-up capital of Rs 5.74 M.
The company currently has active open charges totaling ₹2.00 Cr. The company has closed loans amounting to ₹2.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Mallikarjunaraju Sundari, Sadagopan Jayakanthan, Santhana Subramanian, and Four other members serve as directors at the Company.
Company Details
- Location
Madurai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media-
Corporate Identity Details
- CIN/LLPIN
U65991TN1918PLC001601
- Company No.
001601
- Company Classification
Nidhi Limited Company
- Incorporation Date
22 Jan 1918
- Date of AGM
27 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 Madurai Hindu Permanent Nidhi?
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mallikarjunaraju Sundari  | Director | 28-Sep-2022 | Current |
| Sadagopan Jayakanthan | Director | 27-Sep-2023 | Current |
| Santhana Subramanian | Director | 28-Sep-2022 | Current |
| Rajarajan Rajarajeswari | Director | 29-Aug-2015 | Current |
| Ramesh Srinivasan | Director | 29-Aug-2015 | Current |
| Kathiresan Devaki | Director | 27-Sep-2023 | Current |
Financial Performance of Madurai Hindu Permanent Nidhi.
Madurai Hindu Permanent Nidhi Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 9.12% decrease. The company also saw a substantial fall in profitability, with a 70.63% decrease in profit. The company's net worth moved up by a moderate rise of 1.3%.
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What is the Ownership and Shareholding Structure of Madurai Hindu Permanent Nidhi?
In 2022, Madurai Hindu Permanent 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)
Padmalaya Medical Centre Private LimitedMallikarjunaraju Sundari is a mutual person
Chamber Of NidhisSadagopan Jayakanthan is a mutual person
Charges (Loans)
₹2.00 Cr
₹2.00 Cr
Charges Breakdown by Lending Institutions
- Others : 2.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Apr 2022 | Others | ₹2.00 Cr | Open |
| 20 Jun 2006 | Bharat Overseas Bank Ltd. | ₹2.00 Cr | Satisfied |
How Many Employees Work at Madurai Hindu Permanent Nidhi?
Madurai Hindu Permanent Nidhi has a workforce of 103 employees as of Apr 07, 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 Madurai Hindu Permanent 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 Madurai Hindu Permanent 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.
