Palmyrah Micro Finance Profile
Key Indicators
- Authorised Capital ₹ 3.50 Cr
as on 16-11-2024
- Paid Up Capital ₹ 2.87 Cr
as on 16-11-2024
- Company Age 12 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Revenue 25.32%
(FY 2023)
- Profit 537.25%
(FY 2023)
- Ebitda 60.91%
(FY 2023)
- Net Worth 13.35%
(FY 2023)
- Total Assets 7.69%
(FY 2023)
About Palmyrah Micro 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 3.50 Cr and a paid-up capital of Rs 2.87 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ganesan Ashokan, Paulpandi, Veluchamy Senthikumar, and One Hundred Ninety-Four other members serve as directors at the Company.
- CIN/LLPIN
U93000TN2012NPL086868
- Company No.
086868
- Company Classification
Public Not For Profit Company
- Incorporation Date
20 Jul 2012
- Date of AGM
28 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Company Details
- Location
Madurai, Tamil Nadu, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Palmyrah Micro Finance?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramasamy Parthiban  | Managing Director | 19-Sep-2016 | Current |
Board Members(196)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vivekananthan | Director | 28-Dec-2020 | Current |
| Thamodharan David | Director | 17-Aug-2017 | Current |
| Kalasamy Pandian | Director | 29-Feb-2020 | Current |
| Murugesapandian Suresh | Director | 03-Nov-2020 | Current |
| Thirumalaikani Preethi | Director | 25-Aug-2021 | Current |
| Mukkandan Jegannath | Director | 25-Jan-2021 | Current |
Financial Performance and Corporate Structure Insights of Palmyrah Micro Finance.
Palmyrah Micro Finance, for the financial year ended 2023, experienced significant growth in revenue, with a 25.32% increase. The company also saw a substantial improvement in profitability, with a 537.25% increase in profit. The company's net worth Soared by an impressive increase of 13.35%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Palmyrah Micro Finance?
In 2023, Palmyrah Micro Finance had a promoter holding of 88.76% and a public holding of 11.24%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
The Arasan Aluminium Industries Private LimitedActive 47 years 6 monthsGanesan Ashokan is a mutual person
Kwality Coil Products Private LimitedActive 29 years 5 daysVeluchamy Senthikumar is a mutual person
Shree Nainar Oil Mills Private LimitedActive 11 years 6 monthsPuthuraja Kamalakannan and Kalarani are mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Palmyrah Micro Finance?
Unlock and access historical data on people associated with Palmyrah Micro Finance, 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 Palmyrah Micro 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 Palmyrah Micro 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
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