Pavai Mutual Benefit Nidhi Limited

Founded in 2014 and headquartered in Tamil Nadu, India.

2014 | Thanjavur, Tamil Nadu (India) | Active
Last Updated: October 23, 2024

Pavai Mutual Benefit Nidhi Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 2.97 M
  • Company Age 10 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 2.21 M
  • Revenue Growth 39.94%
  • Profit Growth 110.42%
  • Ebitda 49.04%
  • Net Worth 26.60%
  • Total Assets 35.21%

About Pavai Mutual Benefit Nidhi

Pavai Mutual Benefit Nidhi Limited (PMBNL) is a Nidhi Limited Company incorporated in India on 18 September 2014 and has a history of Ten years and four months. Its registered office is in Thanjavur, 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 3.00 M and a paid-up capital of Rs 2.97 M.

The company has closed loans amounting to ₹2.21 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Palani Usharani, Chinniah Kasthuri, Venkatesan Chitra, and Three other members serve as directors at the Company.

Company Details

  • Location

    Thanjavur, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65991TN2014PLC097415

  • Company No.

    097415

  • Company Classification

    Nidhi Limited Company

  • Incorporation Date

    18 Sep 2014

  • Date of AGM

    21 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

Who are the key members and board of directors at Pavai Mutual Benefit Nidhi?

Board Members (6)

Name Designation Appointment Date Status
Palani Usharani Country flag representing In Director 19-Nov-2015 Current
Chinniah Kasthuri Country flag representing In Director 19-Nov-2015 Current
Venkatesan Chitra Country flag representing In Director 19-Nov-2015 Current
Mohan Arivoli Country flag representing In Whole-Time Director 05-Sep-2021 Current
Sathiamoorthi Vijayageetha Country flag representing In Director 05-Sep-2021 Current
Ranjithkumar Country flag representing In Director 01-Mar-2024 Current

Financial Performance of Pavai Mutual Benefit Nidhi.

Pavai Mutual Benefit Nidhi Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 39.94% increase. The company also saw a substantial improvement in profitability, with a 110.42% increase in profit. The company's net worth Soared by an impressive increase of 26.6%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
39.94%
Revenue from Operations
38.46%
Total Assets
35.21%
Profit or Loss
110.42%
Net Worth
26.60%
EBITDA
49.04%

What is the Ownership and Shareholding Structure of Pavai Mutual Benefit Nidhi?

In 2023, Pavai Mutual Benefit Nidhi had a promoter holding of 39.33% and a public holding of 60.67%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹2.21 M

Charges Breakdown by Lending Institutions

  • Others : 0.22 Cr

Latest Charge Details

Date Lender Amount Status
14 Oct 2020 Others ₹2.21 M Satisfied

How Many Employees Work at Pavai Mutual Benefit Nidhi?

Unlock and access historical data on people associated with Pavai Mutual Benefit Nidhi, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Pavai Mutual Benefit Nidhi, 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 Pavai Mutual Benefit Nidhi's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Pavai Mutual Benefit Nidhi

Recent activity within the organization

  • Annual General Meeting

    Pavai Mutual Benefit Nidhi Limited last Annual general meeting of members was held on 21 Sep 2024 as per latest MCA records.

    21 Sep 2024

  • Balance Sheet

    Pavai Mutual Benefit Nidhi Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Ranjithkumar was appointed as a Director was appointed as a Director on 01 Mar 2024 & has been associated with this company since 11 months 9 days .

    01 Mar 2024

  • Charges

    A charge registered on 14 Oct 2020 via Charge ID 100398639 with Others was fully satisfied on 12 May 2022.

    12 May 2022

  • Director Appointment

    Mohan Arivoli was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 05 Sep 2021 & has been associated with this company since 3 years 5 months .

    05 Sep 2021

  • Charges

    A charge with Others amounted to Rs. 2.21 M with Charge ID 100398639 was registered on 14 Oct 2020.

    14 Oct 2020

Frequently asked questions

  • Pavai Mutual Benefit Nidhi Limited was incorporated on 18 Sep 2014.

  • The authorized share capital of Pavai Mutual Benefit Nidhi Limited is ₹ 3.00 M and paid-up capital is ₹ 2.97 M.

  • Currently 6 directors are associated with Pavai Mutual Benefit Nidhi Limited.

    • Palani Usharani
    • Chinniah Thilagam Kasthuri
    • Venkatesan Chitra
    • Mohan Arivoli
    • Sathiamoorthi Vijayageetha
    • Ranjithkumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pavai Mutual Benefit Nidhi Limited is 9, Keela Veethi Yusuf Colony India, Papanasam, Tamil Nadu, 614205.

  • The corporate identification number (CIN) of Pavai Mutual Benefit Nidhi Limited is U65991TN2014PLC097415 and the company number is 097415 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Pavai Mutual Benefit Nidhi Limited has risen by 39.94%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Pavai Mutual Benefit Nidhi Limited has experienced an upsurge of 26.60%.

  • The most recent Balance Sheet for Pavai Mutual Benefit Nidhi Limited was filed with the ROC on 31 Mar 2024.

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