Tamilnadu Bus Operators Finance Corporation Limited

Founded in 1994 and headquartered in Tamil Nadu, India.

1994 | Chennai, Tamil Nadu (India) | Active
Last Updated: July 25, 2024

Tamilnadu Bus Operators Finance Corporation Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 6.63 Cr
  • Company Age 30 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.50 Cr
  • Satisfied Charges ₹ 8.78 Cr
  • Revenue Growth -53.64%
  • Profit Growth -59.10%
  • Ebitda 86.95%
  • Net Worth 1.34%
  • Total Assets -1.66%

About Tamilnadu Bus Operators Finance Corporation

Tamilnadu Bus Operators Finance Corporation Limited (TBOFCL) is a Public Limited Indian Non-Government Company incorporated in India on 28 July 1994 and has a history of 30 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 2023. It's a company limited by shares with an authorized capital of Rs 7.00 Cr and a paid-up capital of Rs 6.63 Cr.

The company currently has active open charges totaling ₹4.50 Cr. The company has closed loans amounting to ₹8.78 Cr, as per Ministry of Corporate Affairs (MCA) records.

Raja Gounder, Krishnasamy Subramaniam, Krishnamoorthy Govindaraju, 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

    U65191TN1994PLC028196

  • Company No.

    028196

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 Jul 1994

  • Date of AGM

    28 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 Tamilnadu Bus Operators Finance Corporation?

Executive Team (1)

Name Designation Appointment Date Status
Raja Gounder Country flag representing In Managing Director 14-Nov-1994 Current

Board Members (4)

Name Designation Appointment Date Status
Krishnasamy Subramaniam Country flag representing In Director 29-May-2012 Current
Krishnamoorthy Govindaraju Country flag representing In Whole-Time Director 19-Jun-2018 Current
Paulsamy Kannan Country flag representing In Director 20-Jun-2006 Current
Kanthimathinatha Krishnan Country flag representing In Director 22-Nov-2005 Current

Financial Performance of Tamilnadu Bus Operators Finance Corporation.

Tamilnadu Bus Operators Finance Corporation Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 53.64% decrease. The company also saw a substantial fall in profitability, with a 59.1% decrease in profit. The company's net worth moved up by a moderate rise of 1.34%.

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
-53.64%
Revenue from Operations
8.56%
Total Assets
-1.66%
Profit or Loss
-59.10%
Net Worth
1.34%
EBITDA
86.95%

What is the Ownership and Shareholding Structure of Tamilnadu Bus Operators Finance Corporation?

In 2023, Tamilnadu Bus Operators Finance Corporation 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

₹4.50 Cr

Satisfied Charges

₹8.78 Cr

Charges Breakdown by Lending Institutions

  • Others : 4.50 Cr

Latest Charge Details

Date Lender Amount Status
17 Oct 2016 Others ₹4.50 Cr Open
22 Jun 2021 City Union Bank Limited ₹7.80 M Satisfied
10 Nov 2008 City Union Bank Limited ₹5.00 Cr Satisfied
11 Apr 2008 City Union Bank Ltd ₹2.00 Cr Satisfied
15 Feb 1995 The Karur Vysya Bank ₹1.00 Cr Satisfied

How Many Employees Work at Tamilnadu Bus Operators Finance Corporation?

Unlock and access historical data on people associated with Tamilnadu Bus Operators Finance Corporation, 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 Tamilnadu Bus Operators Finance Corporation, 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 Tamilnadu Bus Operators Finance Corporation'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 Tamilnadu Bus Operators Finance Corporation

Recent activity within the organization

  • Annual General Meeting

    Tamilnadu Bus Operators Finance Corporation Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.

    28 Sep 2023

  • Balance Sheet

    Tamilnadu Bus Operators Finance Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge registered on 22 Jun 2021 via Charge ID 100465410 with City Union Bank Limited was fully satisfied on 18 Feb 2023.

    18 Feb 2023

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 0.78 Cr with Charge ID 100465410 was registered on 22 Jun 2021.

    22 Jun 2021

  • Charges

    A charge registered on 10 Nov 2008 via Charge ID 10130783 with City Union Bank Limited was fully satisfied on 23 Sep 2019.

    23 Sep 2019

  • Charges

    A charge registered on 11 Apr 2008 via Charge ID 10112104 with City Union Bank Ltd was fully satisfied on 23 Sep 2019.

    23 Sep 2019

Frequently asked questions

  • Tamilnadu Bus Operators Finance Corporation Limited was incorporated on 28 Jul 1994.

  • The authorized share capital of Tamilnadu Bus Operators Finance Corporation Limited is ₹ 7.00 Cr and paid-up capital is ₹ 6.63 Cr.

  • Currently 5 directors are associated with Tamilnadu Bus Operators Finance Corporation Limited.

    • Raja Theerthagiri Gounder
    • Krishnasamy Subramaniam
    • Krishnamoorthy Govindaraju
    • Paulsamy Konar Kannan
    • Kanthimathinatha Gopala Krishnan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Tamilnadu Bus Operators Finance Corporation Limited is New No 6 Old No 19 Bishop Wallers Avenue East Mylapore, Chennai, Tamil Nadu, India, 600004.

  • The corporate identification number (CIN) of Tamilnadu Bus Operators Finance Corporation Limited is U65191TN1994PLC028196 and the company number is 028196 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Tamilnadu Bus Operators Finance Corporation Limited has fallen by -53.64%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Tamilnadu Bus Operators Finance Corporation Limited has experienced an upsurge of 1.34%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Tamilnadu Bus Operators Finance Corporation Limited amount to ₹ 4.50 Cr.

  • The most recent Balance Sheet for Tamilnadu Bus Operators Finance Corporation Limited was filed with the ROC on 31 Mar 2023.

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