Purasawakam Santhatha Sanga Nidhi Limited

Provides loans against deposits, property, and jewels since 1879 in Chennai, Tamil Nadu.

1879 | Chennai, Tamil Nadu (India) | Active
Last Updated: January 11, 2025

Purasawakam Santhatha Sanga Nidhi Profile

Key Indicators

  • Authorised Capital ₹ 9.00 Cr
  • Paid Up Capital ₹ 3.14 Cr
  • Company Age 145 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 8.05 Cr
  • Revenue Growth 7.25%
  • Profit Growth -59.91%
  • Ebitda 4.30%
  • Net Worth 53.27%
  • Total Assets 8.80%

About Purasawakam Santhatha Sanga Nidhi

Purasawakam Santhatha Sanga Nidhi Limited (PSSNL) was founded in India on 06 June 1879 and has a glorious history of 145 years and seven months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Pursewakum Hindu Sunthatha Sunga Nidhi 1St Branch Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 9.00 Cr and a paid-up capital of Rs 3.14 Cr.

The company currently has active open charges totaling ₹8.05 Cr.

Mandalapu Sripathi, Gundalapuri Venkataraman, Janakiram Mohan, and One other member serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65992TN1879PLC001971

  • Company No.

    001971

  • Company Classification

    Nidhi Limited Company

  • Incorporation Date

    06 Jun 1879

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

Who are the key members and board of directors at Purasawakam Santhatha Sanga Nidhi?

Board Members (4)

Name Designation Appointment Date Status
Mandalapu Sripathi Country flag representing In Director 01-Mar-2018 Current
Gundalapuri Venkataraman Country flag representing In Director 02-May-2018 Current
Janakiram Mohan Country flag representing In Director 14-Feb-2018 Current
Dillibabu Mani Additional Director 21-May-2024 Current

Financial Performance of Purasawakam Santhatha Sanga Nidhi.

Purasawakam Santhatha Sanga Nidhi Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 7.25% increase. The company also saw a substantial fall in profitability, with a 59.91% decrease in profit. The company's net worth Soared by an impressive increase of 53.27%.

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
7.25%
Revenue from Operations
7.25%
Total Assets
8.80%
Profit or Loss
-59.91%
Net Worth
53.27%
EBITDA
4.30%

What is the Ownership and Shareholding Structure of Purasawakam Santhatha Sanga Nidhi?

In 2022, Purasawakam Santhatha Sanga Nidhi had a public holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹8.05 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • City Union Bank Limited : 5.55 Cr
  • Others : 2.50 Cr

Latest Charge Details

Date Lender Amount Status
31 May 2019 City Union Bank Limited ₹5.55 Cr Open
31 Dec 2014 Others ₹2.50 Cr Open

How Many Employees Work at Purasawakam Santhatha Sanga Nidhi?

Purasawakam Santhatha Sanga Nidhi has a workforce of 14 employees as of Apr 03, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Purasawakam Santhatha Sanga 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 Purasawakam Santhatha Sanga 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 Purasawakam Santhatha Sanga Nidhi

Recent activity within the organization

  • Director Appointment

    Dillibabu Mani was appointed as a Additional Director was appointed as a Additional Director on 21 May 2024 & has been associated with this company since 8 months 12 days .

    21 May 2024

  • Annual General Meeting

    Purasawakam Santhatha Sanga Nidhi Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Purasawakam Santhatha Sanga Nidhi Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with City Union Bank Limited of Rs. 5.55 Cr registered on 31 May 2019 with Charge ID 100268716 was modified on 14 Mar 2022.

    14 Mar 2022

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 5.55 Cr with Charge ID 100268716 was registered on 31 May 2019.

    31 May 2019

  • Director Appointment

    Gundalapuri Sundaresan Venkataraman was appointed as a Director was appointed as a Director on 02 May 2018 & has been associated with this company since 6 years 9 months .

    02 May 2018

Frequently asked questions

  • Purasawakam Santhatha Sanga Nidhi Limited was incorporated on 06 Jun 1879.

  • The authorized share capital of Purasawakam Santhatha Sanga Nidhi Limited is ₹ 9.00 Cr and paid-up capital is ₹ 3.14 Cr.

  • Currently 4 directors are associated with Purasawakam Santhatha Sanga Nidhi Limited.

    • Mandalapu Lakshmipathi Sripathi
    • Gundalapuri Sundaresan Venkataraman
    • Janakiram Mohan
    • Dillibabu Mani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Purasawakam Santhatha Sanga Nidhi Limited is No.49, Vellala Street Purasawalkam India, Chennai, Tamil Nadu, 600084.

  • The corporate identification number (CIN) of Purasawakam Santhatha Sanga Nidhi Limited is U65992TN1879PLC001971 and the company number is 001971 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Purasawakam Santhatha Sanga Nidhi Limited is https://www.pssnidhiltd.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Purasawakam Santhatha Sanga Nidhi Limited has risen by 7.25%.

  • As Per 2022 financial reports, 14 employees are currently employed by Purasawakam Santhatha Sanga Nidhi Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Purasawakam Santhatha Sanga Nidhi Limited has experienced an upsurge of 53.27%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Purasawakam Santhatha Sanga Nidhi Limited amount to ₹ 8.05 Cr.

  • The most recent Balance Sheet for Purasawakam Santhatha Sanga Nidhi Limited was filed with the ROC on 31 Mar 2023.

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