Madurai City Permanent Nidhi Limited

Founded in 1994 and headquartered in Tamil Nadu, India.

1994 | Madurai, Tamil Nadu (India) | Active
Last Updated:

Madurai City Permanent Nidhi Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 4.04 M
  • Company Age 30 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.47 Cr
  • Revenue Growth -0.12%
  • Profit Growth 24.49%
  • Ebitda -0.19%
  • Net Worth 1.71%
  • Total Assets 2.05%

About Madurai City Permanent Nidhi

Madurai City Permanent Nidhi Limited (MCPNL) is a Nidhi Limited Company incorporated in India on 28 October 1994 and has a history of 30 years and six months. Its registered office is in Madurai, Tamil Nadu, India.

The Corporate was formerly known as Marurai City Nidhi 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 2.00 Cr and a paid-up capital of Rs 4.04 M.

The company currently has active open charges totaling ₹4.47 Cr.

Mariappan, Dharmar Sundar, and Dharmar Kannan 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

    U65991TN1994PLC029088

  • Company No.

    029088

  • Company Classification

    Nidhi Limited Company

  • Incorporation Date

    28 Oct 1994

  • Date of AGM

    20 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services
Company report

Madurai City Permanent Nidhi Limited

Explore comprehensive data for Madurai City Permanent Nidhi Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Dharmar Kannan Country flag representing In Managing Director07-Nov-2020Current

Board Members (2)

NameDesignationAppointment DateStatus
Mariappan Country flag representing In Director 26-Nov-2016Current
Dharmar Sundar Additional Director 28-Sep-2024Current

Financial Performance of Madurai City Permanent Nidhi.

Madurai City Permanent Nidhi Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.12% decrease. The company also saw a substantial improvement in profitability, with a 24.49% increase in profit. The company's net worth moved up by a moderate rise of 1.71%.

Madurai City Permanent Nidhi revenue growth over time
Madurai City 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
-0.12%
Revenue from Operations
-0.65%
Total Assets
2.05%
Profit or Loss
24.49%
Net Worth
1.71%
EBITDA
-0.19%

What is the Ownership and Shareholding Structure of Madurai City Permanent Nidhi?

In 2022, Madurai City Permanent Nidhi had a promoter holding of 41.83% and a public holding of 58.17%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.47 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • City Union Bank Limited : 3.13 Cr
  • Punjab National Bank : 0.74 Cr
  • Others : 0.60 Cr

Latest Charge Details

DateLenderAmountStatus
15 Jun 2024City Union Bank Limited₹9.60 MOpen
15 Jun 2024City Union Bank Limited₹1.22 CrOpen
16 Mar 2022City Union Bank Limited₹9.50 MOpen
09 Dec 2014Punjab National Bank₹1.00 MOpen
01 Jul 2011Punjab National Bank₹5.88 MOpen

How Many Employees Work at Madurai City Permanent Nidhi?

Unlock and access historical data on people associated with Madurai City Permanent Nidhi, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Madurai City Permanent Nidhi Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Madurai City 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 City 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 City Permanent Nidhi

Recent activity within the organization

  • Director Appointment

    Dharmar Sundar was appointed as a Additional Director was appointed as a Additional Director on 28 Sep 2024 & has been associated with this company since 7 months 15 days .

  • Annual General Meeting

    Madurai City Permanent Nidhi Limited last Annual general meeting of members was held on 20 Sep 2024 as per latest MCA records.

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 0.96 Cr with Charge ID 100943213 was registered on 15 Jun 2024.

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 1.22 Cr with Charge ID 100943219 was registered on 15 Jun 2024.

  • Balance Sheet

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

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 0.95 Cr with Charge ID 100553924 was registered on 16 Mar 2022.

Frequently asked questions

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

    Madurai City Permanent Nidhi Limited was incorporated on 28 Oct 1994.

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

    The authorized share capital of Madurai City Permanent Nidhi Limited is ₹ 2.00 Cr and paid-up capital is ₹ 4.04 M.

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

    Currently 3 directors are associated with Madurai City Permanent Nidhi Limited.

    • Mariappan
    • Dharmar Sundar
    • Dharmar Kannan

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

    As per Ministry of Corporate Affairs (Mca), the registered address of Madurai City Permanent Nidhi Limited is 71, North Veli Street(Near V.O.C.Statur) Simmakkal India, Madurail625 001., Tamil Nadu, 625001.

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

    The corporate identification number (CIN) of Madurai City Permanent Nidhi Limited is U65991TN1994PLC029088 and the company number is 029088 as per Ministry of Corporate Affairs (MCA).

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Madurai City Permanent Nidhi Limited has fallen by -0.12%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Madurai City Permanent Nidhi Limited has experienced an upsurge of 1.71%.

  • What are the total open charges for Madurai City Permanent Nidhi Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Madurai City Permanent Nidhi Limited amount to ₹ 4.47 Cr.

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

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

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