Madurai City Permanent Nidhi Limited

Founded in 1994 and headquartered in Tamil Nadu, India.

1994 | Madurail625 001., Tamil Nadu (India) | Active
Last Updated: July 30, 2024

Madurai City Permanent Nidhi Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 4.04 M
  • Company Age 30 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • 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 three months. Its registered office is in Madurail625 001., Tamil Nadu, India.

The Corporate was formerly known as Madurai City Permanent 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 2023. 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.

Dharmar Kannan, Ayyalu Kugan, and Mariappan serve as directors at the Company.

Company Details

  • Location

    Madurail625 001., 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

    29 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 Madurai City Permanent Nidhi?

Executive Team (1)

Name Designation Appointment Date Status
Dharmar Kannan Country flag representing In Managing Director 09-Sep-2005 Current

Board Members (2)

Name Designation Appointment Date Status
Ayyalu Kugan Country flag representing In Director 07-Oct-2006 Current
Mariappan Country flag representing In Director 26-Nov-2016 Current

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%.

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
-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

Date Lender Amount Status
15 Jun 2024 City Union Bank Limited ₹9.60 M Open
15 Jun 2024 City Union Bank Limited ₹1.22 Cr Open
16 Mar 2022 City Union Bank Limited ₹9.50 M Open
09 Dec 2014 Punjab National Bank ₹1.00 M Open
01 Jul 2011 Punjab National Bank ₹5.88 M Open

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.

Graph showing employee growth trends

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

  • Charges

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

    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.

    15 Jun 2024

  • Annual General Meeting

    Madurai City Permanent Nidhi Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Madurai City Permanent Nidhi Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

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

    16 Mar 2022

  • Charges

    A charge with Others of Rs. 0.60 Cr registered on 29 Sep 2005 with Charge ID 90289656 was modified on 29 Dec 2018.

    29 Dec 2018

Frequently asked questions

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

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

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

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

  • 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).

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

  • 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%.

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

  • The most recent Balance Sheet for Madurai City Permanent Nidhi Limited was filed with the ROC on 31 Mar 2023.

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