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
Namakkal Andavar Business Credits Profile
Key Indicators
- Authorised Capital ₹ 5.50 Cr
- Paid Up Capital ₹ 1.97 Cr
- Company Age 30 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 0.47 M
- Revenue Growth -0.37%
- Profit Growth -26.32%
- Ebitda -6.01%
- Net Worth 0.28%
- Total Assets 0.51%
About Namakkal Andavar Business Credits
Namakkal Andavar Business Credits Limited (NABCL) is a Public Limited Indian Non-Government Company incorporated in India on 05 September 1994 and has a history of 30 years and six months. Its registered office is in Namakkal, Tamil Nadu, India.
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 5.50 Cr and a paid-up capital of Rs 1.97 Cr.
The company currently has active open charges totaling ₹0.47 M.
The Key Managerial Personnel (KMP) at Namakkal Andavar Business Credits Limited India is Ganesh Subramanian as CFO. Muthuswami Krishnaswamy, Krishnasamy Ramakrishnan, Venkatachalam Ganesan, and One other member serve as directors at the Company.
Company Details
- Location
Namakkal, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65921TZ1994PLC005332
- Company No.
005332
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
05 Sep 1994
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Financial Services
Who are the key members and board of directors at Namakkal Andavar Business Credits?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Venkatachalam Ganesan  | Managing Director | 30-Sep-2005 | Current |
| Ganesh Subramanian | CFO | 05-Oct-2023 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ganesh Pudukkottai | Director | 08-Oct-2024 | Current |
| Muthuswami Krishnaswamy | Director | 30-Sep-2006 | Current |
| Krishnasamy Ramakrishnan | Director | 30-Sep-2004 | Current |
Financial Performance 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Namakkal Andavar Business Credits?
In 2022, Namakkal Andavar Business Credits had a promoter holding of 66.16% and a public holding of 33.84%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
.webp)
Finance Companies' Association (India)Venkatachalam Ganesan is a mutual person
Proeza Corp Private LimitedGanesh Pudukkottai is a mutual person
- Jai Santhosh Logistics (India) Private Limited
Krishnasamy Ramakrishnan is a mutual person
Charges (Loans)
Open Charges
₹0.05 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- M/S. Sundaram Finance Ltd. : 0.05 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Apr 2005 | M/S. Sundaram Finance Ltd. | ₹0.47 M | Open |
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Namakkal Andavar Business Credits, 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 Namakkal Andavar Business Credits's trajectory.
Rating
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
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 Namakkal Andavar Business Credits
Recent activity within the organization
- Director Appointment
Ganesh Subramanian Pudukkottai was appointed as a Director was appointed as a Director on 08 Oct 2024 & has been associated with this company since 5 months 1 day .
- Annual General Meeting
Namakkal Andavar Business Credits Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Namakkal Andavar Business Credits Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
- 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 5 months .
- 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 5 months .
- 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 5 months .
Frequently asked questions
What is the Incorporation or founding date of Namakkal Andavar Business Credits Limited?
Namakkal Andavar Business Credits Limited was incorporated on 05 Sep 1994.
What is authorized share capital and paid-up capital of Namakkal Andavar Business Credits Limited?
The authorized share capital of Namakkal Andavar Business Credits Limited is ₹ 5.50 Cr and paid-up capital is ₹ 1.97 Cr.
Who are the current board members & directors of Namakkal Andavar Business Credits Limited?
Currently 5 directors are associated with Namakkal Andavar Business Credits Limited.
- Muthuswami Venkatachalam Krishnaswamy
- Krishnasamy Chettiyar Venkatachalam Ramakrishnan
- Venkatachalam Ganesan
- Ganesh Subramanian Pudukkottai
- Ganesh Pudukkottai Subramanian
What is the registered address of Namakkal Andavar Business Credits Limited?
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 India, Namakkal, Tamil Nadu, 637002.
What is the corporate identification number (CIN) and company number of Namakkal Andavar Business Credits Limited?
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).
What has been the recent revenue trend for Namakkal Andavar Business Credits Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Namakkal Andavar Business Credits Limited has fallen by -0.37%.
What change has been observed in the net worth of Namakkal Andavar Business Credits Limited, and by what percentage?
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%.
What are the total open charges for Namakkal Andavar Business Credits Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Namakkal Andavar Business Credits Limited amount to ₹ 0.47 M.
When was the last Balance Sheet of Namakkal Andavar Business Credits Limited filed with the ROC?
The most recent Balance Sheet for Namakkal Andavar Business Credits Limited was filed with the ROC on 31 Mar 2024.