Sree Visalam Chit Fund Profile
Key Indicators
- Authorised Capital ₹ 4.75 Cr
as on 23-10-2024
- Paid Up Capital ₹ 0.86 M
as on 23-10-2024
- Company Age 77 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.67 Cr
as on 23-10-2024
- Satisfied Charges ₹ 2.67 Cr
as on 23-10-2024
- Revenue 26.18%
(FY 2023)
- Profit 89.88%
(FY 2023)
- Ebitda 79.25%
(FY 2023)
- Net Worth 10.72%
(FY 2023)
- Total Assets 5.02%
(FY 2023)
About Sree Visalam Chit Fund
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.
Arunachalam Viswanathan, Arunachalam Meenakshi, Arunachalam Umapathy, and One other member serve as directors at the Company.
- CIN/LLPIN
U65991TN1947PLC002749
- Company No.
002749
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
06 Jan 1947
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Company Details
- Location
Tirunelveli, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media
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 |
|---|---|---|---|
| Arunachalam Meenakshi | Whole-Time Director | 30-Sep-1996 | Current |
| Arunachalam Umapathy | Whole-Time Director | 01-Oct-2001 | Current |
| Chidambaram Natarajan | Whole-Time Director | 02-Apr-1994 | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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)
Aruna Chemicals & Farms Private LimitedActive 50 years 8 monthsArunachalam Viswanathan and Arunachalam Meenakshi are mutual person
- The Nellai Finance Private LimitedActive 76 years 9 months
Arunachalam Viswanathan and Arunachalam Meenakshi are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
The Shamrao Vithal Co- Op. Bank Ltd. Creation Date: 27 Jul 1988 | ₹1.18 M | Open |
State Bank Of Saurashtra Creation Date: 22 Jun 1987 | ₹0.50 M | Open |
Shree Financiers (Sole Propietor Ar. Ramaswamy ) Creation Date: 19 Feb 1973 | ₹1.50 Cr | Open |
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
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.
