Madurai Hindu Permanent Nidhi Limited

Offers financial services and security options with multiple branches and members.

1918 | Madurai, Tamil Nadu (India) | Active
Last Updated:

Madurai Hindu Permanent Nidhi Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 6.09 M
  • Company Age 107 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 4.00 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 and one month. 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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 6.09 M.

The company has closed loans amounting to ₹4.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Kannan Tamilselvi, Kathiresan Devaki, Ramesh Srinivasan, and Four other members serve as directors at the Company.

Company Details

  • Location

    Madurai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    tmhpf.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65991TN1918PLC001601

  • Company No.

    001601

  • Company Classification

    Nidhi Limited Company

  • Incorporation Date

    22 Jan 1918

  • Date of AGM

    23 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

Who are the key members and board of directors at Madurai Hindu Permanent Nidhi?

Board Members (7)

NameDesignationAppointment DateStatus
Kannan Tamilselvi Country flag representing In Director 27-Sep-2023Current
Kathiresan Devaki Country flag representing In Director 27-Sep-2023Current
Ramesh Srinivasan Country flag representing In Director 29-Aug-2015Current
Rajarajan Rajarajeswari Country flag representing In Director 29-Aug-2015Current
Ramasamy Gurusundar Country flag representing In Director 23-Sep-2024Current
Sadagopan Jayakanthan Country flag representing In Director 27-Sep-2023Current

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%.

Madurai Hindu Permanent Nidhi revenue growth over time
Madurai Hindu Permanent Nidhi 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
-9.12%
Revenue from Operations
-9.90%
Total Assets
-7.96%
Profit or Loss
-70.63%
Net Worth
1.30%
EBITDA
-19.39%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹4.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 2.00 Cr
  • Bharat Overseas Bank Ltd. : 2.00 Cr

Latest Charge Details

DateLenderAmountStatus
12 Apr 2022Others₹2.00 CrSatisfied
20 Jun 2006Bharat Overseas Bank Ltd.₹2.00 CrSatisfied

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.

Employee growth trends for Madurai Hindu Permanent Nidhi Limited

Deals i

Graph showing company valuation over time

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

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 Madurai Hindu Permanent Nidhi

Recent activity within the organization

  • Annual General Meeting

    Madurai Hindu Permanent Nidhi Limited last Annual general meeting of members was held on 23 Sep 2024 as per latest MCA records.

  • Director Appointment

    Ramasamy Raju Gurusundar was appointed as a Director was appointed as a Director on 23 Sep 2024 & has been associated with this company since 5 months 11 days .

  • Director Appointment

    Bommiah Chandragupthan was appointed as a Director was appointed as a Director on 23 Sep 2024 & has been associated with this company since 5 months 11 days .

  • Charges

    A charge registered on 12 Apr 2022 via Charge ID 100575550 with Others was fully satisfied on 28 Jun 2024.

  • Balance Sheet

    Madurai Hindu Permanent Nidhi Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Director Appointment

    Kannan Tamilselvi was appointed as a Director was appointed as a Director on 27 Sep 2023 & has been associated with this company since 1 year 5 months .

Frequently asked questions

  • What is the Incorporation or founding date of Madurai Hindu Permanent Nidhi Limited?

    Madurai Hindu Permanent Nidhi Limited was incorporated on 22 Jan 1918.

  • What is authorized share capital and paid-up capital of Madurai Hindu Permanent Nidhi Limited?

    The authorized share capital of Madurai Hindu Permanent Nidhi Limited is ₹ 5.00 Cr and paid-up capital is ₹ 6.09 M.

  • Who are the current board members & directors of Madurai Hindu Permanent Nidhi Limited?

    Currently 7 directors are associated with Madurai Hindu Permanent Nidhi Limited.

    • Kannan Tamilselvi
    • Kathiresan Devaki
    • Ramesh Srinivasan
    • Rajarajan Rajarajeswari
    • Ramasamy Raju Gurusundar
    • Sadagopan Jayakanthan
    • Bommiah Chandragupthan

  • What is the registered address of Madurai Hindu Permanent Nidhi Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Madurai Hindu Permanent Nidhi Limited is 51-52 West Tower St., . . India, Madurai, Tamil Nadu, 625001.

  • What is the corporate identification number (CIN) and company number of Madurai Hindu Permanent Nidhi Limited?

    The corporate identification number (CIN) of Madurai Hindu Permanent Nidhi Limited is U65991TN1918PLC001601 and the company number is 001601 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Madurai Hindu Permanent Nidhi Limited?

    The Official website of Madurai Hindu Permanent Nidhi Limited is https://www.tmhpf.com

  • What has been the recent revenue trend for Madurai Hindu Permanent Nidhi Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Madurai Hindu Permanent Nidhi Limited has fallen by -9.12%.

  • How many employees does Madurai Hindu Permanent Nidhi Limited currently have?

    As Per 2023 financial reports, 103 employees are currently employed by Madurai Hindu Permanent Nidhi Limited.

  • What change has been observed in the net worth of Madurai Hindu Permanent Nidhi Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Madurai Hindu Permanent Nidhi Limited has experienced an upsurge of 1.30%.

  • When was the last Balance Sheet of Madurai Hindu Permanent Nidhi Limited filed with the ROC?

    The most recent Balance Sheet for Madurai Hindu Permanent Nidhi Limited was filed with the ROC on 31 Mar 2024.

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