Purasawalkam Dhana Vardhana Saswatha Nidhi Limited

Provides loans on property, jewels, and deposits since 1896.

1896 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 15, 2024

Purasawalkam Dhana Vardhana Saswatha Nidhi Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 1.53 Cr
  • Company Age 128 Year, 6 Months
  • Last Filing with ROC 31 Mar 2021
  • Satisfied Charges ₹ 2.95 Cr
  • Revenue Growth -0.81%
  • Profit Growth -62.15%
  • Ebitda 1.28%
  • Net Worth 6.65%
  • Total Assets 17.47%

About Purasawalkam Dhana Vardhana Saswatha Nidhi

Purasawalkam Dhana Vardhana Saswatha Nidhi Limited (PDVSNL) was founded in India on 04 August 1896 and has a glorious history of 128 years and six months. Its registered office is in Chennai, 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 2021. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 1.53 Cr.

The company has closed loans amounting to ₹2.95 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Eswarappan Muthuswamy, Vasanthi Eswarappan, Raghavan Ganesan, and Two other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65992TN1896PLC001973

  • Company No.

    001973

  • Company Classification

    Nidhi Limited Company

  • Incorporation Date

    04 Aug 1896

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

Who are the key members and board of directors at Purasawalkam Dhana Vardhana Saswatha Nidhi?

Executive Team (1)

Name Designation Appointment Date Status
Eswarappan Muthuswamy Country flag representing In Managing Director 23-Sep-2009 Current

Board Members (4)

Name Designation Appointment Date Status
Vasanthi Eswarappan Country flag representing In Director 24-Sep-2007 Current
Raghavan Ganesan Country flag representing In Director 30-Sep-2019 Current
Kannan Rajam Country flag representing In Director 15-Jun-2015 Current
Sakthi Eswarappan Country flag representing In Director 30-Sep-2019 Current

Financial Performance of Purasawalkam Dhana Vardhana Saswatha Nidhi.

Purasawalkam Dhana Vardhana Saswatha Nidhi Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 0.81% decrease. The company also saw a substantial fall in profitability, with a 62.15% decrease in profit. The company's net worth moved up by a moderate rise of 6.65%.

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
-0.81%
Revenue from Operations
-0.76%
Total Assets
17.47%
Profit or Loss
-62.15%
Net Worth
6.65%
EBITDA
1.28%

What is the Ownership and Shareholding Structure of Purasawalkam Dhana Vardhana Saswatha Nidhi?

In 2021, Purasawalkam Dhana Vardhana Saswatha Nidhi had a promoter holding of 4.34% and a public holding of 95.66%. 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

₹2.95 Cr

Charges Breakdown by Lending Institutions

  • The Lakshmi Vilas Bank Limited : 2.95 Cr

Latest Charge Details

Date Lender Amount Status
22 Sep 2011 The Lakshmi Vilas Bank Limited ₹2.00 Cr Satisfied
24 Feb 2010 The Lakshmi Vilas Bank Limited ₹9.50 M Satisfied

How Many Employees Work at Purasawalkam Dhana Vardhana Saswatha Nidhi?

Unlock and access historical data on people associated with Purasawalkam Dhana Vardhana Saswatha 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 Purasawalkam Dhana Vardhana Saswatha 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 Purasawalkam Dhana Vardhana Saswatha 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 Purasawalkam Dhana Vardhana Saswatha Nidhi

Recent activity within the organization

  • Annual General Meeting

    Purasawalkam Dhana Vardhana Saswatha Nidhi Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Balance Sheet

    Purasawalkam Dhana Vardhana Saswatha Nidhi Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Chennai.

    31 Mar 2021

  • Director Appointment

    Raghavan Muthusamy Ganesan was appointed as a Director was appointed as a Director on 30 Sep 2019 & has been associated with this company since 5 years 4 months .

    30 Sep 2019

  • Director Appointment

    Sakthi Aisvarya Eswarappan was appointed as a Director was appointed as a Director on 30 Sep 2019 & has been associated with this company since 5 years 4 months .

    30 Sep 2019

  • Charges

    A charge registered on 22 Sep 2011 via Charge ID 10316841 with The Lakshmi Vilas Bank Limited was fully satisfied on 19 Nov 2016.

    19 Nov 2016

  • Charges

    A charge registered on 24 Feb 2010 via Charge ID 10213773 with The Lakshmi Vilas Bank Limited was fully satisfied on 05 Aug 2016.

    05 Aug 2016

Frequently asked questions

  • Purasawalkam Dhana Vardhana Saswatha Nidhi Limited was incorporated on 04 Aug 1896.

  • The authorized share capital of Purasawalkam Dhana Vardhana Saswatha Nidhi Limited is ₹ 10.00 Cr and paid-up capital is ₹ 1.53 Cr.

  • Currently 5 directors are associated with Purasawalkam Dhana Vardhana Saswatha Nidhi Limited.

    • Eswarappan Muthuswamy
    • Vasanthi Eswarappan
    • Raghavan Muthusamy Ganesan
    • Kannan Rajam
    • Sakthi Aisvarya Eswarappan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Purasawalkam Dhana Vardhana Saswatha Nidhi Limited is 2 Krishnappa Mudali Street. Purasalwakam, India, Madras, Tamil Nadu, 600084.

  • The corporate identification number (CIN) of Purasawalkam Dhana Vardhana Saswatha Nidhi Limited is U65992TN1896PLC001973 and the company number is 001973 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Purasawalkam Dhana Vardhana Saswatha Nidhi Limited has fallen by -0.81%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Purasawalkam Dhana Vardhana Saswatha Nidhi Limited has experienced an upsurge of 6.65%.

  • The most recent Balance Sheet for Purasawalkam Dhana Vardhana Saswatha Nidhi Limited was filed with the ROC on 31 Mar 2021.

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