Palmyrah Micro Finance
Provides microfinance services to rural, semi-urban, and urban areas in Tamil Nadu.
2012 | Madurai, Tamil Nadu (India) | Active
Palmyrah Micro Finance Profile
Key Indicators
- Authorised Capital ₹ 3.50 Cr
- Paid Up Capital ₹ 2.87 Cr
- Company Age 12 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth 25.32%
- Profit Growth 537.25%
- Ebitda 60.91%
- Net Worth 13.35%
- Total Assets 7.69%
About Palmyrah Micro Finance
Palmyrah Micro Finance (PMF) is a Public Not For Profit Company incorporated in India on 20 July 2012 and has a history of 12 years and eight months. Its registered office is in Madurai, 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 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.
Company Details
- Location
Madurai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- 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
Financial Services
Palmyrah Micro Finance
Explore comprehensive data for Palmyrah Micro Finance, including financials, compliance details, shareholding patterns, and litigation history.
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 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
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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.
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Kwality Coil Products Private LimitedVeluchamy Senthikumar is a mutual person
Shree Nainar Oil Mills Private LimitedPuthuraja 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
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 Palmyrah Micro Finance
Recent activity within the organization
- Director Appointment
Thangaraj Ravikumar was appointed as a Director was appointed as a Director on 05 Nov 2024 & has been associated with this company since 5 months 9 days .
- Annual General Meeting
Palmyrah Micro Finance last Annual general meeting of members was held on 28 Jul 2024 as per latest MCA records.
- Director Appointment
Patchimal Sivaram was appointed as a Director was appointed as a Director on 08 May 2024 & has been associated with this company since 11 months 7 days .
- Director Appointment
Ramaiah Mohanadoss Pandian was appointed as a Director was appointed as a Director on 08 May 2024 & has been associated with this company since 11 months 7 days .
- Balance Sheet
Palmyrah Micro Finance has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Director Appointment
Raju Anbalagan was appointed as a Director was appointed as a Director on 08 Dec 2021 & has been associated with this company since 3 years 4 months .
Frequently asked questions
What is the Incorporation or founding date of Palmyrah Micro Finance?
Palmyrah Micro Finance was incorporated on 20 Jul 2012.
What is authorized share capital and paid-up capital of Palmyrah Micro Finance?
The authorized share capital of Palmyrah Micro Finance is ₹ 3.50 Cr and paid-up capital is ₹ 2.87 Cr.
Who are the current board members & directors of Palmyrah Micro Finance?
Currently 197 directors are associated with Palmyrah Micro Finance.
- Ganesan Ashokan
- Paulpandi
- Veluchamy Senthikumar
- Kanagasabhapathy Karthikkeyan
- Puthuraja Kamalakannan
- Surendrakumar Amarsigapanidiyan
- Velnadar Prabhakar
- Thangaraj Ravikumar
- Asokan Sakkarai
- Chellakani Rajamanickam Abinesh
- Marimuthu Mareeswaran
- Ayyappannadar Dhamodharan
- Gurusamy Nadar Maris Kumar
- Murugesapandian
- James Arul Soundaraj
- Karuppasamy Arunachalapandian
- Karuppasamy Santhosh Pandiyan
- Thangaiah Manickaraj
- Karuppaiah Soundrapandian
- Ramasamy Parthiban
- Mohan
- Dilip Susila Devi
- Jabezsam Durai Petricia
- Soundararaj Jabez Sam Durai
- Gopinath
- Janarthanan Ashok
- Issace Jesudass
- Thangapandi Balamurugan
- Subash Chandra Bose Vijayakumar
- Thamodharan Issac David
- Rajasekaran Chinnakalai Nadar
- Anandhappan Issac Aravind
- Kodeswaran Gowri
- Ponniah Thangaraj
- Kalarani
- Mariappan Ayyadurai
- Jegadeesan Thulasiram
- Nagendran Tharani Tharan
- Patchaimal Periyathambi Nadar
- Ayyappan Anandappan
- Thilagar Issac Muthuraj
- Ganesan Marikani
- Chelladurai Beulah Elizabeth
- Guruswamy Vetrivel
- Mookaiah Nadar Subramanian
- Parthiban Malathy
- Karmegam Sankar
- Maheswaran
- Joseph Giftson Enoch
- Parthiban Nandhan
- Regunathan Manicka Raja
- Manohar Ravichandran
- Manohar Rajesh
- Velraj Karthic
- Thomas Issaacdaniel
- Rajapandian
- Dhanakodi Maharani
- Annamalaikani Jeyachandran
- Raju Muthukumar
- Kalaiappa Nadar Meenakshi
- Chinnarajanadar Palanishamy
- Paulnadar Thangapandi Janakiraman
- Velayutham Ravichandran
- Sankareswaran Pandi
- Ramasamy Chandrasekar
- Nithan Chandrasekaran Chenguttuvan
- Parthiban Vennila
- Mathalai Kumar Srimathi Hemalatha
- Druaisamy Nadar Arunjunai Rajan
- Duraipandi
- Subramanian Mathubala
- Manickaraj Vijaya Shanmuga Prakash
- Sugindran Ayyappan
- Ramasamy Kamaraj
- Koilpitchai Muthiahkoilraj Joshua
- Brahaspathy
- Sivalingam Vivekanandhan
- Arasakumar Anbarasan
- Antony Raja Joseph Deva Heliton
- James Jebaraj
- Mayan Janardhanam
- Tharmaraj Malaiyarasan
- Vaithilingam Gurusamy
- Kuppusamy
- Kalasamy Suthanthira Pandian
- Nadarajanassari Rajakumar
- Gurusamy Nadar Paramasivam
- Sasinthiran Abirami
- Pandian Srithar
- Rengarajan
- Thavamani
- Soundarapandian Mahalingam
- Bose Selvakumar
- Veeranagu Ashokraj
- Pandiarajan Gurusamy
- Natrayan Ramesh
- Karuppiahnadar Suthandradas Sugajeevitha
- Suthanthira Pandian Vasuki
- Diraviam Rameshbabu
- Muthumanickam Kamaraj
- Karikolraj Vigneshwaran
- Muthukrishnan Maanvizhi
- Pasupathy Vijaybabu
- Mohanasundaram Jeyapraba
- Raja Pandian Raja Sekaran
- Ramia Chinnasamy Ramkumar
- Thangaraj Chandrasekar
- Thangaswamy Kumar
- Soundrapandian Madhumila
- Poundass Kanda Samy
- Raju Anbalagan
- Mukkandan Manjuladevi
- Alaguraj Aravindan
- Ganeshkumar Kowsikan
- Karthikkeyan Diwakar Vairavel
- Karthikkeyan Nehruthilagam
- Marikani Chellathurai
- Sankar Vani
- Marikani Sakthivel
- Manoj
- Ramayanadar Nagarathinam Rajaram
- Suthanthira Pandian Ram Vignesh
- Rajaram Sharmila
- Murugesapandian Suresh
- Mathan
- Anandappan Adhilakshmi
- Mukkandan Jegannath
- Premkumar Gracy Angela
- Suthanthira Pandian Ilakkia
- Mohan Kiruthiga Meenakshi
- Balamurugan Kavitha
- Rohini Nadar
- Thavasiappan
- Jebaraj Ebenezer Samuel
- Natarajan Karunakaran Thillairajan
- Sankareswaran Sundarapandi
- Natarajan Mukkanthan
- Rajasekaran Nadar Sundar
- Karthick Pandi
- Murugesapandian Tamilselvi
- Chandrasekaran Shanthi
- Karmegam
- Vivekananthan
- Ramaswami Poongkuzhali
- Chockalinga Pandian Laxmi Devi
- Raja Manikandan
- Seenivasan Ananthi
- Palanichamy Mahendran
- Karthik Karikkolraj
- Ranjit Soyza Abrue Cross Dsoyza
- Subbiah Velusamy Rajan Babu
- Kodeswaran Rajesh
- Thangappan Karthika Devi
- Balagurusamy Ambika
- Deepalakshmi Murugesan
- Anandhappan Umaiswarya
- Thirumalaikani Preethi
- Kasi Nadar Vanarajan
- Thatchinamoorthy Ananthy
- Kodeeswaran Dilip
- Karthikkeyan Niranjana
- Pandian
- Palanichamy Selvakumar
- Shyam Sundar
- Rajesh Pandiselvam
- Ganeshpandian Muthukumar
- Kathiresan Suganthi
- Yogeswari
- Mohan Buvanaathan
- Hemanth Kumar
- Selvakumar
- Kamaraj Karthikeyan
- Velusamy Wilfred Muthuraju
- Dhanalakshmi Velayudham
- Dhamodharan Jegajothi
- Sundar Raj Thangapriya
- Jeyabal Arasananth
- Ashok Jaya Gowri
- Ananth Mariswari
- Amalraj Nagalakshmi
- Rajiah Darathy Nallammal
- Raja Nancyangeline
- Rajaram Palanichamy Sivakameshwaran
- Thatchinamoorthy Chinnathambi
- Rajesh Gowri
- Sermakani Siva Balan
- Rajapandi
- Subramanian Kalamathi
- Vaishali
- Sumathi
- Nayagamnadar Kanagarathinam
- Natarajan Vasantha Prasanna
- Kanagarani
- Saravana Pandiyan
- Patchimal Sivaram
- Ramaiah Mohanadoss Pandian
- Chidambararajan Rajulan
What is the registered address of Palmyrah Micro Finance?
As per Ministry of Corporate Affairs (Mca), the registered address of Palmyrah Micro Finance is No 4, Ramachandrapuram 1St Street Mahalipatti India, Madurai South, Tamil Nadu, 625001.
What is the corporate identification number (CIN) and company number of Palmyrah Micro Finance?
The corporate identification number (CIN) of Palmyrah Micro Finance is U93000TN2012NPL086868 and the company number is 086868 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Palmyrah Micro Finance?
According to the financial reports for the fiscal year 2023, the revenue trend for Palmyrah Micro Finance has risen by 25.32%.
What change has been observed in the net worth of Palmyrah Micro Finance, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Palmyrah Micro Finance has experienced an upsurge of 13.35%.
When was the last Balance Sheet of Palmyrah Micro Finance filed with the ROC?
The most recent Balance Sheet for Palmyrah Micro Finance was filed with the ROC on 31 Mar 2024.
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