Tamilnadu Viswakarma Mutual Benefit Nidhi Limited

Founded in 1985 and headquartered in Tamil Nadu, India.

1985 | Madurai, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Tamilnadu Viswakarma Mutual Benefit Nidhi Profile

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 1.27 Cr
  • Company Age 39 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 5.15%
  • Profit Growth -54.42%
  • Ebitda 2.45%
  • Net Worth 5.47%
  • Total Assets -1.78%

About Tamilnadu Viswakarma Mutual Benefit Nidhi

Tamilnadu Viswakarma Mutual Benefit Nidhi Limited (TVMBNL) is a leading Nidhi Limited Company incorporated in India on 09 July 1985 and has a history of 39 years and seven months. Its registered office is in Madurai, Tamil Nadu, India.

The Corporate was formerly known as Tamilnadu Viswakarma Mutual Benefit 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 2024. It's a company limited by shares with an authorized capital of Rs 2.50 Cr and a paid-up capital of Rs 1.27 Cr, as per Ministry of Corporate Affairs (MCA) records.


Company Details

  • Location

    Madurai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65992TN1985PLC012000

  • Company No.

    012000

  • Company Classification

    Nidhi Limited Company

  • Incorporation Date

    09 Jul 1985

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

Who are the key members and board of directors at Tamilnadu Viswakarma Mutual Benefit Nidhi?

Executive Team (1)

Name Designation Appointment Date Status
Nagalingam Nagarajan Country flag representing In Managing Director 17-Nov-2005 Current

Board Members (11)

Name Designation Appointment Date Status
Pothy Shanmuganathan Country flag representing In Whole-Time Director 27-Oct-2015 Current
Rajagopal Padmanaban Country flag representing In Director 30-Mar-2007 Current
Velu Krishnamoorthy Country flag representing In Director 28-Sep-2004 Current
Gunasekaran Parthiban Country flag representing In Director 22-Oct-2024 Current
Ganapathi Sakthivel Country flag representing In Director 01-Jan-2016 Current
Sithanathan Shanmugam Country flag representing In Director 30-Jan-2024 Current

Financial Performance of Tamilnadu Viswakarma Mutual Benefit Nidhi.

Tamilnadu Viswakarma Mutual Benefit Nidhi Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 5.15% increase. The company also saw a substantial fall in profitability, with a 54.42% decrease in profit. The company's net worth moved up by a moderate rise of 5.47%.

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
5.15%
Revenue from Operations
5.15%
Total Assets
-1.78%
Profit or Loss
-54.42%
Net Worth
5.47%
EBITDA
2.45%

What is the Ownership and Shareholding Structure of Tamilnadu Viswakarma Mutual Benefit Nidhi?

In 2023, Tamilnadu Viswakarma Mutual Benefit Nidhi had a promoter holding of 14.06% and a public holding of 85.94%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Tamilnadu Viswakarma Mutual Benefit Nidhi?

Tamilnadu Viswakarma Mutual Benefit Nidhi has a workforce of 53 employees as of Mar 30, 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 Tamilnadu Viswakarma Mutual Benefit 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 Tamilnadu Viswakarma Mutual Benefit 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 Tamilnadu Viswakarma Mutual Benefit Nidhi

Recent activity within the organization

  • Director Appointment

    Gunasekaran Parthiban was appointed as a Director was appointed as a Director on 22 Oct 2024 & has been associated with this company since 3 months 18 days .

    22 Oct 2024

  • Annual General Meeting

    Tamilnadu Viswakarma Mutual Benefit Nidhi Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Balance Sheet

    Tamilnadu Viswakarma Mutual Benefit Nidhi Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Sithanathan Shanmugam was appointed as a Director was appointed as a Director on 30 Jan 2024 & has been associated with this company since 1 year 9 days .

    30 Jan 2024

  • Director Appointment

    Ravichandran Nagendraprakash was appointed as a Director was appointed as a Director on 30 Jan 2024 & has been associated with this company since 1 year 9 days .

    30 Jan 2024

  • Director Appointment

    Ganapathi Asari Sakthivel was appointed as a Director was appointed as a Director on 01 Jan 2016 & has been associated with this company since 9 years 1 month .

    01 Jan 2016

Frequently asked questions

  • Tamilnadu Viswakarma Mutual Benefit Nidhi Limited was incorporated on 09 Jul 1985.

  • The authorized share capital of Tamilnadu Viswakarma Mutual Benefit Nidhi Limited is ₹ 2.50 Cr and paid-up capital is ₹ 1.27 Cr.

  • Currently 12 directors are associated with Tamilnadu Viswakarma Mutual Benefit Nidhi Limited.

    • Pothy Asari Shanmuganathan
    • Rajagopal Padmanaban
    • Velu Narayanan Krishnamoorthy
    • Gunasekaran Parthiban
    • Ganapathi Asari Sakthivel
    • Sithanathan Shanmugam
    • Ravichandran Nagendraprakash
    • Muthu Asari Kathiresan
    • Sakthivel Balasubramanian
    • Nagalingam Nagarajan
    • Venkatachalam Srinivasan
    • Ramasamy Shanmuganathan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Tamilnadu Viswakarma Mutual Benefit Nidhi Limited is Ist Floor 227 Chinnakadai Street, India, Madurai 625 001., Tamil Nadu, 625001.

  • The corporate identification number (CIN) of Tamilnadu Viswakarma Mutual Benefit Nidhi Limited is U65992TN1985PLC012000 and the company number is 012000 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Tamilnadu Viswakarma Mutual Benefit Nidhi Limited has risen by 5.15%.

  • As Per 2023 financial reports, 53 employees are currently employed by Tamilnadu Viswakarma Mutual Benefit Nidhi Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Tamilnadu Viswakarma Mutual Benefit Nidhi Limited has experienced an upsurge of 5.47%.

  • The most recent Balance Sheet for Tamilnadu Viswakarma Mutual Benefit Nidhi Limited was filed with the ROC on 31 Mar 2024.