Purasawakum Permanent Fund Nidhi Limited

Founded in 1922 and headquartered in Tamil Nadu, India.

1922 | Chennai, Tamil Nadu (India) | Active
Last Updated: July 01, 2024

Purasawakum Permanent Fund Nidhi Profile

Key Indicators

  • Authorised Capital ₹ 8.00 Cr
  • Paid Up Capital ₹ 3.05 Cr
  • Company Age 102 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 12.00 Cr
  • Revenue Growth 1.16%
  • Profit Growth 18.62%
  • Ebitda 4.24%
  • Net Worth 2.33%
  • Total Assets -0.72%

About Purasawakum Permanent Fund Nidhi

Purasawakum Permanent Fund Nidhi Limited (PPFNL) was founded in India on 11 September 1922 and has a glorious history of 102 years and four months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as The Purasawakum Permanent Fund 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 8.00 Cr and a paid-up capital of Rs 3.05 Cr.

The company currently has active open charges totaling ₹12.00 Cr.


Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65992TN1922PLC001974

  • Company No.

    001974

  • Company Classification

    Nidhi Limited Company

  • Incorporation Date

    11 Sep 1922

  • Date of AGM

    27 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 Purasawakum Permanent Fund Nidhi?

Board Members (5)

Name Designation Appointment Date Status
Damodaran Bakthavatchalam Country flag representing In Director 10-Jul-2023 Current
Parthasarathy Country flag representing In Additional Director Current
Hari Pugalendran Country flag representing In Whole-Time Director 10-Dec-2018 Current
Ambathur Ravishankar Country flag representing In Director 17-May-2003 Current
Palayam Divya Country flag representing In Director 10-Jul-2023 Current

Financial Performance of Purasawakum Permanent Fund Nidhi.

Purasawakum Permanent Fund Nidhi Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 1.16% increase. The company also saw a substantial improvement in profitability, with a 18.62% increase in profit. The company's net worth moved up by a moderate rise of 2.33%.

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
1.16%
Revenue from Operations
1.41%
Total Assets
-0.72%
Profit or Loss
18.62%
Net Worth
2.33%
EBITDA
4.24%

What is the Ownership and Shareholding Structure of Purasawakum Permanent Fund Nidhi?

In 2022, Purasawakum Permanent Fund 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

₹12.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Lakshmi Vilas Bank Limited : 12.00 Cr

Latest Charge Details

Date Lender Amount Status
20 Dec 2012 Lakshmi Vilas Bank Limited ₹6.00 Cr Open
19 Dec 2012 Lakshmi Vilas Bank Limited ₹6.00 Cr Open

How Many Employees Work at Purasawakum Permanent Fund Nidhi?

Purasawakum Permanent Fund Nidhi has a workforce of 21 employees as of Mar 22, 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 Purasawakum Permanent Fund 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 Purasawakum Permanent Fund 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 Purasawakum Permanent Fund Nidhi

Recent activity within the organization

  • Annual General Meeting

    Purasawakum Permanent Fund Nidhi Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.

    27 Sep 2023

  • Director Appointment

    Damodaran Bakthavatchalam was appointed as a Director was appointed as a Director on 10 Jul 2023 & has been associated with this company since 1 year 7 months .

    10 Jul 2023

  • Director Appointment

    Palayam Dhandapani Divya was appointed as a Director was appointed as a Director on 10 Jul 2023 & has been associated with this company since 1 year 7 months .

    10 Jul 2023

  • Balance Sheet

    Purasawakum Permanent Fund Nidhi Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Hari Prasad Vellaisamy Muthiah Pugalendran was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 10 Dec 2018 & has been associated with this company since 6 years 2 months .

    10 Dec 2018

  • Charges

    A charge with Lakshmi Vilas Bank Limited of Rs. 6.00 Cr registered on 20 Dec 2012 with Charge ID 10392884 was modified on 19 Oct 2017.

    19 Oct 2017

Frequently asked questions

  • Purasawakum Permanent Fund Nidhi Limited was incorporated on 11 Sep 1922.

  • The authorized share capital of Purasawakum Permanent Fund Nidhi Limited is ₹ 8.00 Cr and paid-up capital is ₹ 3.05 Cr.

  • Currently 5 directors are associated with Purasawakum Permanent Fund Nidhi Limited.

    • Damodaran Bakthavatchalam
    • Parthasarathy
    • Hari Prasad Vellaisamy Muthiah Pugalendran
    • Ambathur Gopalswamy Ravishankar
    • Palayam Dhandapani Divya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Purasawakum Permanent Fund Nidhi Limited is No. 174 & No. 177 Vellala Street Purasawalkam, Chennai, Tamil Nadu, India, 600084.

  • The corporate identification number (CIN) of Purasawakum Permanent Fund Nidhi Limited is U65992TN1922PLC001974 and the company number is 001974 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Purasawakum Permanent Fund Nidhi Limited is https://www.ppfnidhi.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Purasawakum Permanent Fund Nidhi Limited has risen by 1.16%.

  • As Per 2023 financial reports, 21 employees are currently employed by Purasawakum Permanent Fund Nidhi Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Purasawakum Permanent Fund Nidhi Limited has experienced an upsurge of 2.33%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Purasawakum Permanent Fund Nidhi Limited amount to ₹ 12.00 Cr.

  • The most recent Balance Sheet for Purasawakum Permanent Fund Nidhi Limited was filed with the ROC on 31 Mar 2023.

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