Navarathna Housing Finance Profile
Key Indicators
- Authorised Capital ₹ 30.50 Cr
as on 16-11-2024
- Paid Up Capital ₹ 23.21 Cr
as on 16-11-2024
- Company Age 9 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 11.00 Cr
as on 16-11-2024
- Satisfied Charges ₹ 9.00 M
as on 16-11-2024
- Revenue 11.26%
(FY 2023)
- Profit 3.14%
(FY 2023)
- Ebitda 0.36%
(FY 2023)
- Net Worth 15.59%
(FY 2023)
- Total Assets 20.71%
(FY 2023)
About Navarathna Housing Finance
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 30.50 Cr and a paid-up capital of Rs 23.21 Cr.
The company currently has active open charges totaling ₹11.00 Cr. The company has closed loans amounting to ₹9.00 M, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Navarathna Housing Finance Limited India is Cheruvattu Riju as COMPANY SECRETARY. Balamurugan Neelamegam, Sockalingam Thirunavukarasu, Devikala Venkatkumar, and Three other members serve as directors at the Company.
- CIN/LLPIN
U65922TN2015PLC100156
- Company No.
100156
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
17 Apr 2015
- Date of AGM
19 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Navarathna Housing Finance?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Cheruvattu Riju | Company Secretary | 07-Aug-2023 | Current |
Chokkalingam Palaniappan  | Managing Director | 17-Apr-2015 | Current |
Board Members(5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sockalingam Thirunavukarasu | Director | 26-Jun-2023 | Current |
| Balamurugan Neelamegam | Additional Director | 18-Oct-2024 | Current |
| Devikala Venkatkumar | Director | 31-Aug-2019 | Current |
| Palaniappan Alagappan | Director | 25-Dec-2015 | Current |
| Thirupathi Manonmani | Director | 17-Apr-2015 | Current |
Financial Performance of Navarathna Housing Finance.
Navarathna Housing Finance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11.26% increase. The company also saw a slight improvement in profitability, with a 3.14% increase in profit. The company's net worth Soared by an impressive increase of 15.59%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Navarathna Housing Finance?
In 2023, Navarathna Housing Finance had a promoter holding of 45.77% and a public holding of 54.24%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Kuvera Real Assets And Consulting Private LimitedActive 14 years 4 months
Devikala Venkatkumar is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
State Bank Of India Creation Date: 31 Aug 2023 | ₹5.00 Cr | Open |
State Bank Of India Creation Date: 14 Sep 2022 | ₹3.00 Cr | Open |
State Bank Of India Creation Date: 14 Sep 2021 | ₹3.00 Cr | Open |
How Many Employees Work at Navarathna Housing Finance?
Navarathna Housing Finance has a workforce of 24 employees as of Apr 04, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Navarathna Housing 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 Navarathna Housing Finance'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.
