Sree Visalam Chit Fund Profile
Key Indicators
- Authorised Capital ₹ 4.75 Cr
- Paid Up Capital ₹ 0.86 M
- Company Age 78 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.67 Cr
- Satisfied Charges ₹ 2.67 Cr
- Revenue Growth 26.18%
- Profit Growth 89.88%
- Ebitda 52.69%
- Net Worth 10.72%
- Total Assets 11.35%
About Sree Visalam Chit Fund
Sree Visalam Chit Fund Ltd (SVCFL) was founded in India on 06 January 1947 and has a glorious history of 78 years and one month. Its registered office is in Tirunelveli, 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 2023. It's a company limited by shares with an authorized capital of Rs 4.75 Cr and a paid-up capital of Rs 0.86 M.
The company currently has active open charges totaling ₹1.67 Cr. The company has closed loans amounting to ₹2.67 Cr, as per Ministry of Corporate Affairs (MCA) records.
Chidambaram Natarajan, Arunachalam Meenakshi, Arunachalam Viswanathan, and One other member serve as directors at the Company.
Company Details
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Location
Tirunelveli, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U65991TN1947PLC002749
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Company No.
002749
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
06 Jan 1947
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Date of AGM
29 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Sree Visalam Chit Fund?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Arunachalam Viswanathan
|
Managing Director | 22-Apr-1996 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Chidambaram Natarajan
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Whole-Time Director | 02-Apr-1994 | Current |
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Arunachalam Meenakshi
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Whole-Time Director | 30-Sep-1996 | Current |
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Arunachalam Umapathy
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Whole-Time Director | 01-Oct-2001 | Current |
Financial Performance of Sree Visalam Chit Fund.
Sree Visalam Chit Fund Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 26.18% increase. The company also saw a substantial improvement in profitability, with a 89.88% increase in profit. The company's net worth Soared by an impressive increase of 10.72%.
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What is the Ownership and Shareholding Structure of Sree Visalam Chit Fund?
In 2023, Sree Visalam Chit Fund had a promoter holding of 93.04% and a public holding of 6.96%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Aruna Chemicals & Farms Private LimitedArunachalam Meenakshi and Arunachalam Viswanathan are mutual person
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The Nellai Finance Private Limited
Arunachalam Meenakshi and Arunachalam Viswanathan are mutual person
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Pallathur Motors Llp
Arunachalam Umapathy is a mutual person
Charges (Loans)
₹1.67 Cr
₹2.67 Cr
Charges Breakdown by Lending Institutions
- Shree Financiers (Sole Propietor Ar. Ramaswamy ) : 1.50 Cr
- The Shamrao Vithal Co- Op. Bank Ltd. : 0.12 Cr
- State Bank Of Saurashtra : 0.05 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jul 1988 | The Shamrao Vithal Co- Op. Bank Ltd. | ₹1.18 M | Open |
| 22 Jun 1987 | State Bank Of Saurashtra | ₹0.50 M | Open |
| 19 Feb 1973 | Shree Financiers (Sole Propietor Ar. Ramaswamy ) | ₹1.50 Cr | Open |
| 16 Jan 2002 | City Union Bank Ltd. | ₹2.50 Cr | Satisfied |
| 25 Jan 1997 | Tamilnad Mercantile Bank Ltd. | ₹1.40 M | Satisfied |
How Many Employees Work at Sree Visalam Chit Fund?
Sree Visalam Chit Fund has a workforce of 140 employees as of Apr 05, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sree Visalam Chit Fund, 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 Sree Visalam Chit Fund'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
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