Muthalagu Finance Private Limited

NBFC providing various financial services such as loans, insurance, and money transfers since 1997.

1997 | Madurai, Tamil Nadu (India) | Active
Last Updated: July 07, 2024

Muthalagu Finance Profile

Key Indicators

  • Authorised Capital ₹ 30.00 Cr
  • Paid Up Capital ₹ 19.81 Cr
  • Company Age 28 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 49.00 Cr
  • Satisfied Charges ₹ 125.09 Cr
  • Revenue Growth 7.07%
  • Profit Growth 14.74%
  • Ebitda 0.35%
  • Net Worth 5.44%
  • Total Assets 29.27%

About Muthalagu Finance

Muthalagu Finance Private Limited (MFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 January 1997 and has a history of 28 years and one month. Its registered office is in Madurai, Tamil Nadu, India.

The Corporate was formerly known as Aathiseshan Finance And Investments Private 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 30.00 Cr and a paid-up capital of Rs 19.81 Cr.

The company currently has active open charges totaling ₹49.00 Cr. The company has closed loans amounting to ₹125.09 Cr, as per Ministry of Corporate Affairs (MCA) records.

Bose Prithviraj, Muthusamy Sundaramanickam, Alagarsamy Jeganath, and One other member serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U65921TN1997PTC087650

  • Company No.

    087650

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Jan 1997

  • Date of AGM

    25 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 Muthalagu Finance?

Executive Team (1)

NameDesignationAppointment DateStatus
Alagarsamy Jeganath Country flag representing In Managing Director02-Sep-2011Current

Board Members (3)

NameDesignationAppointment DateStatus
Bose Prithviraj Country flag representing In Director 19-Jul-2011Current
Muthusamy Sundaramanickam Country flag representing In Director 19-Jul-2011Current
Thiruppathi Dhanaraja Country flag representing In Director 15-Mar-2012Current

Financial Performance of Muthalagu Finance.

Muthalagu Finance Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.07% increase. The company also saw a substantial improvement in profitability, with a 14.74% increase in profit. The company's net worth moved up by a moderate rise of 5.44%.

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
7.07%
Revenue from Operations
7.22%
Total Assets
29.27%
Profit or Loss
14.74%
Net Worth
5.44%
EBITDA
0.35%

What is the Ownership and Shareholding Structure of Muthalagu Finance?

In 2023, Muthalagu Finance had a promoter holding of 31.37% and a public holding of 68.63%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹49.00 Cr

Satisfied Charges

₹125.09 Cr

Charges Breakdown by Lending Institutions

  • The South Indian Bank Limited : 20.00 Cr
  • Others : 19.00 Cr
  • The Catholic Syrian Bank Ltd : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
23 Aug 2023Others₹5.00 CrOpen
13 Mar 2019Others₹14.00 CrOpen
15 Sep 2016The South Indian Bank Limited₹20.00 CrOpen
24 Oct 2014The Catholic Syrian Bank Ltd₹10.00 CrOpen
28 Feb 2022Others₹5.00 CrSatisfied

How Many Employees Work at Muthalagu Finance?

Muthalagu Finance has a workforce of 76 employees as of Apr 09, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Muthalagu Finance, 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 Muthalagu Finance'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 Muthalagu Finance

Recent activity within the organization

  • Annual General Meeting

    Muthalagu Finance Private Limited last Annual general meeting of members was held on 25 Sep 2023 as per latest MCA records.

    25 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100801409 was registered on 23 Aug 2023.

    23 Aug 2023

  • Charges

    A charge registered on 28 Feb 2022 via Charge ID 100566146 with Others was fully satisfied on 25 Jul 2023.

    25 Jul 2023

  • Charges

    A charge with Others of Rs. 14.00 Cr registered on 13 Mar 2019 with Charge ID 100249902 was modified on 25 Jul 2023.

    25 Jul 2023

  • Balance Sheet

    Muthalagu Finance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100566146 was registered on 28 Feb 2022.

    28 Feb 2022

Frequently asked questions

  • Muthalagu Finance Private Limited was incorporated on 03 Jan 1997.

  • The authorized share capital of Muthalagu Finance Private Limited is ₹ 30.00 Cr and paid-up capital is ₹ 19.81 Cr.

  • Currently 4 directors are associated with Muthalagu Finance Private Limited.

    • Bose Prithviraj
    • Muthusamy Sundaramanickam
    • Alagarsamy Jeganath
    • Thiruppathi Dhanaraja
  • As per Ministry of Corporate Affairs (Mca), the registered address of Muthalagu Finance Private Limited is 117/4Meenakshipuram Theni Main Road, Madurai, Tamil Nadu, India, 625018.

  • The corporate identification number (CIN) of Muthalagu Finance Private Limited is U65921TN1997PTC087650 and the company number is 087650 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Muthalagu Finance Private Limited is https://www.muthalagufinance.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Muthalagu Finance Private Limited has risen by 7.07%.

  • As Per 2023 financial reports, 76 employees are currently employed by Muthalagu Finance Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Muthalagu Finance Private Limited has experienced an upsurge of 5.44%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Muthalagu Finance Private Limited amount to ₹ 49.00 Cr.

  • The most recent Balance Sheet for Muthalagu Finance Private Limited was filed with the ROC on 31 Mar 2023.

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