Maragadhambal Nidhi Limited

Provides gold loans as a recognized nidhi company in Tamil Nadu.

1996 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Maragadhambal Nidhi Profile

Key Indicators

  • Authorised Capital ₹ 2.60 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 29 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 11.08%
  • Profit Growth 22.20%
  • Ebitda 30.22%
  • Net Worth 6.25%
  • Total Assets 7.03%

About Maragadhambal Nidhi

Maragadhambal Nidhi Limited (MNL) is a Nidhi Limited Company incorporated in India on 22 March 1996 and has a history of 29 years and one month. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Maragadhambal 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 2024. It's a company limited by shares with an authorized capital of Rs 2.60 M and a paid-up capital of Rs 2.50 M, as per Ministry of Corporate Affairs (MCA) records.

Loganathan Palaninathan, Makhesh Kumar, Jothiramalingam Chettiar, and Seven other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65991TN1996PLC034898

  • Company No.

    034898

  • Company Classification

    Nidhi Limited Company

  • Incorporation Date

    22 Mar 1996

  • Date of AGM

    21 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services
Company report

Maragadhambal Nidhi Limited

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

Who are the key members and board of directors at Maragadhambal Nidhi?

Executive Team (1)

NameDesignationAppointment DateStatus
Loganathan Palaninathan Country flag representing In Managing Director10-Feb-2024Current

Board Members (9)

NameDesignationAppointment DateStatus
Makhesh Kumar Country flag representing In Director 10-Feb-2024Current
Jothiramalingam Chettiar Country flag representing In Director 08-Jan-2022Current
Jayanthi Kumar Country flag representing In Director 13-Aug-2022Current
Sridharan Amsaveni Country flag representing In Director 17-Sep-2016Current
Dhanraj Ranibai Country flag representing In Director 17-Sep-2016Current
Loganathan Gajalakshmi Country flag representing In Director 17-Sep-2016Current

Financial Performance of Maragadhambal Nidhi.

Maragadhambal Nidhi Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 11.08% increase. The company also saw a substantial improvement in profitability, with a 22.2% increase in profit. The company's net worth moved up by a moderate rise of 6.25%.

Maragadhambal Nidhi revenue growth over time
Maragadhambal 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
11.08%
Revenue from Operations
12.72%
Total Assets
7.03%
Profit or Loss
22.20%
Net Worth
6.25%
EBITDA
30.22%

What is the Ownership and Shareholding Structure of Maragadhambal Nidhi?

In 2021, Maragadhambal Nidhi had a promoter holding of 11.56% and a public holding of 88.44%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

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There are no open charges registered against the company as per our records.

How Many Employees Work at Maragadhambal Nidhi?

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

Employee growth trends for Maragadhambal Nidhi Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Maragadhambal 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 Maragadhambal 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 Maragadhambal Nidhi

Recent activity within the organization

  • Annual General Meeting

    Maragadhambal Nidhi Limited last Annual general meeting of members was held on 21 Sep 2024 as per latest MCA records.

  • Balance Sheet

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

  • Director Appointment

    Loganathan Palaninathan was appointed as a Managing Director was appointed as a Managing Director on 10 Feb 2024 & has been associated with this company since 1 year 3 months .

  • Director Appointment

    Makhesh Kumar was appointed as a Director was appointed as a Director on 10 Feb 2024 & has been associated with this company since 1 year 3 months .

  • Director Appointment

    Jayanthi Kumar was appointed as a Director was appointed as a Director on 13 Aug 2022 & has been associated with this company since 2 years 9 months .

  • Director Appointment

    Jothiramalingam Subramaniya Chettiar was appointed as a Director was appointed as a Director on 08 Jan 2022 & has been associated with this company since 3 years 4 months .

Frequently asked questions

  • What is the Incorporation or founding date of Maragadhambal Nidhi Limited?

    Maragadhambal Nidhi Limited was incorporated on 22 Mar 1996.

  • What is authorized share capital and paid-up capital of Maragadhambal Nidhi Limited?

    The authorized share capital of Maragadhambal Nidhi Limited is ₹ 2.60 M and paid-up capital is ₹ 2.50 M.

  • Who are the current board members & directors of Maragadhambal Nidhi Limited?

    Currently 10 directors are associated with Maragadhambal Nidhi Limited.

    • Loganathan Palaninathan
    • Makhesh Kumar
    • Jothiramalingam Subramaniya Chettiar
    • Jayanthi Kumar
    • Sridharan Amsaveni
    • Dhanraj Ranibai
    • Loganathan Gajalakshmi
    • Palani Sundaram Sankar
    • Rajakannu Kumar
    • Nanda Kumar Deepak Manoj

  • What is the registered address of Maragadhambal Nidhi Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Maragadhambal Nidhi Limited is No.278/1 Erukancherryhigh Road, Vyasarpady India, Chennai-600039, Tamil Nadu.

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

    The corporate identification number (CIN) of Maragadhambal Nidhi Limited is U65991TN1996PLC034898 and the company number is 034898 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Maragadhambal Nidhi Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Maragadhambal Nidhi Limited has risen by 11.08%.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Maragadhambal Nidhi Limited has experienced an upsurge of 6.25%.

  • When was the last Balance Sheet of Maragadhambal Nidhi Limited filed with the ROC?

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

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