The Mayavaram Financial Chit Corporation .Limited Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 0.50 M
- Company Age 77 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2.50 Cr
- Satisfied Charges ₹ 4.00 Cr
- Revenue Growth 25.92%
- Profit Growth 24.22%
- Ebitda 1.15%
- Net Worth 4.10%
- Total Assets 13.17%
About The Mayavaram Financial Chit Corporation .Limited
The Mayavaram Financial Chit Corporation .Limited (TMFCCL) was founded in India on 26 November 1947 and has a glorious history of 77 years and two months. Its registered office is in Chennai, Tamil Nadu, India.
The Corporate was formerly known as Mayavaram Financial Chit Corporation.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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 0.50 M.
The company currently has active open charges totaling ₹2.50 Cr. The company has closed loans amounting to ₹4.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ampa Palaniappan, Annamalai Sathappan, and Arunachalam 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
U65991TN1947PLC001646
- Company No.
001646
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
26 Nov 1947
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at The Mayavaram Financial Chit Corporation .Limited?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Arunachalam  | Managing Director | 27-Jan-2021 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ampa Palaniappan | Director | 27-Jan-2021 | Current |
| Annamalai Sathappan | Director | 27-Jan-2021 | Current |
Financial Performance of The Mayavaram Financial Chit Corporation .Limited.
The Mayavaram Financial Chit Corporation .Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.92% increase. The company also saw a substantial improvement in profitability, with a 24.22% increase in profit. The company's net worth moved up by a moderate rise of 4.1%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of The Mayavaram Financial Chit Corporation .Limited?
In 2023, The Mayavaram Financial Chit Corporation .Limited had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Cube84 Consulting Services Private LimitedAmpa Palaniappan and Annamalai Sathappan are mutual person
Southern India Chamber Of Commerce & IndustryAmpa Palaniappan is a mutual person
Ampa Home Build Private LimitedAmpa Palaniappan and Arunachalam are mutual person
Ampa Housing Development Private LimitedAmpa Palaniappan and Arunachalam are mutual person
Ampa-Hilife Branded Properties Private LimitedAmpa Palaniappan is a mutual person
- Subbu And Company Private Limited
Ampa Palaniappan and Arunachalam are mutual person
Charges (Loans)
₹2.50 Cr
₹4.00 Cr
Charges Breakdown by Lending Institutions
- Others : 2.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Apr 2024 | Others | ₹2.00 Cr | Open |
| 16 Mar 2023 | Others | ₹5.00 M | Open |
| 26 Dec 2023 | Others | ₹2.00 Cr | Satisfied |
| 27 Oct 2022 | Others | ₹2.00 Cr | Satisfied |
How Many Employees Work at The Mayavaram Financial Chit Corporation .Limited?
The Mayavaram Financial Chit Corporation .Limited has a workforce of 89 employees as of Apr 02, 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 The Mayavaram Financial Chit Corporation .Limited, 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 The Mayavaram Financial Chit Corporation .Limited'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.
