Namakkal Andavar Business Credits Limited

Namakkal Andavar Business Credits Limited

Provides business credits to various businesses as an NBFC registered with RBI since 1994.
1994 | Namakkal, Tamil Nadu (India) | Active

Last Updated:

June 24, 2024
HomeCompanyNamakkal Andavar Business Credits Limited

Who are the key members and board of directors at Namakkal Andavar Business Credits?

Executive Team (2)

NameDesignationAppointment DateStatus
Venkatachalam Ganesan InManaging Director30-Sep-2005Current
Ganesh SubramanianCFO05-Oct-2023Current

Board Members(2)

NameDesignationAppointment DateStatus
Krishnasamy Ramakrishnan In Director 30-Sep-2004Current
Muthuswami Krishnaswamy In Director 30-Sep-2006Current

Financial Performance and Corporate Structure Insights of Namakkal Andavar Business Credits.

Namakkal Andavar Business Credits Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 0.37% decrease. The company also saw a substantial fall in profitability, with a 26.32% decrease in profit. The company's net worth moved up by a moderate rise of 0.28%.

Revenue Growth Graph
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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-0.37%
Revenue from Operations
-0.37%
Total Assets
0.51%
Profit or Loss
-26.32%
Net Worth
0.28%
EBITDA
-6.01%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹0.05 Cr

LenderAmountStatus

M/S. Sundaram Finance Ltd.

Creation Date: 25 Apr 2005
₹0.47 MOpen

How Many Employees Work at Namakkal Andavar Business Credits?

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

Employee Graph

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Latest Updates, News, and FAQs on Namakkal Andavar Business Credits

Recent activity within the organization

  • Director Appointment

    Ganesh Pudukkottai Subramanian was appointed as a Cfo was appointed as a Cfo on 05 Oct 2023 & has been associated with this company since 1 year 2 months .

    05 Oct 2023

  • Annual General Meeting

    Namakkal Andavar Business Credits Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Namakkal Andavar Business Credits Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Director Appointment

    Muthuswami Venkatachalam Krishnaswamy was appointed as a Director was appointed as a Director on 30 Sep 2006 & has been associated with this company since 18 years 2 months .

    30 Sep 2006

  • Director Appointment

    Venkatachalam Ganesan was appointed as a Managing Director was appointed as a Managing Director on 30 Sep 2005 & has been associated with this company since 19 years 2 months .

    30 Sep 2005

  • Charges

    A charge with M/S. Sundaram Finance Ltd. amounted to Rs. 0.05 Cr with Charge ID 90001854 was registered on 25 Apr 2005.

    25 Apr 2005

Frequently asked questions

  • Namakkal Andavar Business Credits Limited was incorporated on 05 Sep 1994.

  • The authorized share capital of Namakkal Andavar Business Credits Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.97 Cr.

  • Currently 4 directors are associated with Namakkal Andavar Business Credits Limited.

    • Venkatachalam Ganesan
    • Krishnasamy Chettiyar Venkatachalam Ramakrishnan
    • Muthuswami Venkatachalam Krishnaswamy
    • Ganesh Pudukkottai Subramanian
  • As per Ministry of Corporate Affairs (Mca), the registered address of Namakkal Andavar Business Credits Limited is Door No. 88 Andavar & Co Complex, Thuraiyur Road, Namakkal, Tamil Nadu, India, 637002.

  • The corporate identification number (CIN) of Namakkal Andavar Business Credits Limited is U65921TZ1994PLC005332 and the company number is 005332 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Namakkal Andavar Business Credits Limited has fallen by -0.37%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Namakkal Andavar Business Credits Limited has experienced an upsurge of 0.28%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Namakkal Andavar Business Credits Limited amount to ₹ 0.47 M.

  • The most recent Balance Sheet for Namakkal Andavar Business Credits Limited was filed with the ROC on 31 Mar 2023.

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