Vadakkemuriyil Finance Company (India) Limited

Finance company providing retail loans, money transfer, insurance, and other financial services in India.

1990 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Vadakkemuriyil Finance Company (India) Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 6.95 Cr
  • Company Age 34 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 29.60 Cr
  • Satisfied Charges ₹ 68.65 Cr
  • Revenue Growth -10.08%
  • Profit Growth 101.46%
  • Ebitda -7.89%
  • Net Worth 27.84%
  • Total Assets 18.13%

About Vadakkemuriyil Finance Company (India)

Vadakkemuriyil Finance Company (India) Limited (VFCIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 October 1990 and has a history of 34 years and three months. Its registered office is in Coimbatore, Tamil Nadu, India.

The Corporate was formerly known as Rajkumar Finance Private 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 10.00 Cr and a paid-up capital of Rs 6.95 Cr.

The company currently has active open charges totaling ₹29.60 Cr. The company has closed loans amounting to ₹68.65 Cr, as per Ministry of Corporate Affairs (MCA) records.

Bincy George, Ashwyn George, and Anu George serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    vm.finance

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65999TZ1990PLC002916

  • Company No.

    002916

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Oct 1990

  • Date of AGM

    16 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Financial Services

Who are the key members and board of directors at Vadakkemuriyil Finance Company (India)?

Executive Team (1)

NameDesignationAppointment DateStatus
Anu George Country flag representing In Managing Director21-Jul-2010Current

Board Members (2)

NameDesignationAppointment DateStatus
Ashwyn George Country flag representing In Director 27-May-2019Current
Bincy George Country flag representing In Director 21-Jul-2010Current

Financial Performance of Vadakkemuriyil Finance Company (India).

Vadakkemuriyil Finance Company (India) Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 10.08% decrease. The company also saw a substantial improvement in profitability, with a 101.46% increase in profit. The company's net worth Soared by an impressive increase of 27.84%.

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
-10.08%
Revenue from Operations
-9.61%
Total Assets
18.13%
Profit or Loss
101.46%
Net Worth
27.84%
EBITDA
-7.89%

What is the Ownership and Shareholding Structure of Vadakkemuriyil Finance Company (India)?

In 2023, Vadakkemuriyil Finance Company (India) had a promoter holding of 97.09% and a public holding of 2.90%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹29.60 Cr

Satisfied Charges

₹68.65 Cr

Charges Breakdown by Lending Institutions

  • The South Indian Bank Limited : 20.00 Cr
  • Others : 9.60 Cr

Latest Charge Details

DateLenderAmountStatus
07 Sep 2022Others₹1.00 CrOpen
27 Apr 2020The South Indian Bank Limited₹20.00 CrOpen
20 Mar 2020Others₹1.50 CrOpen
21 Aug 2018Others₹1.10 CrOpen
16 Mar 2016Others₹6.00 CrOpen

How Many Employees Work at Vadakkemuriyil Finance Company (India)?

Vadakkemuriyil Finance Company (India) has a workforce of 64 employees as of Apr 06, 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 Vadakkemuriyil Finance Company (India), 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 Vadakkemuriyil Finance Company (India)'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 Vadakkemuriyil Finance Company (India)

Recent activity within the organization

  • Charges

    A charge registered on 01 Aug 2018 via Charge ID 100227966 with The South Indian Bank Limited was fully satisfied on 07 Mar 2024.

    07 Mar 2024

  • Charges

    A charge with Others of Rs. 1.00 Cr registered on 07 Sep 2022 with Charge ID 100649754 was modified on 23 Feb 2024.

    23 Feb 2024

  • Charges

    A charge with Others of Rs. 1.10 Cr registered on 21 Aug 2018 with Charge ID 100202582 was modified on 23 Feb 2024.

    23 Feb 2024

  • Charges

    A charge with Others of Rs. 6.00 Cr registered on 16 Mar 2016 with Charge ID 100019619 was modified on 23 Feb 2024.

    23 Feb 2024

  • Charges

    A charge registered on 23 Apr 2015 via Charge ID 10568942 with Pradeep Samuel was fully satisfied on 10 Jan 2024.

    10 Jan 2024

  • Charges

    A charge registered on 04 Jun 2013 via Charge ID 10434538 with R. Prabha was fully satisfied on 09 Jan 2024.

    09 Jan 2024

Frequently asked questions

  • Vadakkemuriyil Finance Company (India) Limited was incorporated on 29 Oct 1990.

  • The authorized share capital of Vadakkemuriyil Finance Company (India) Limited is ₹ 10.00 Cr and paid-up capital is ₹ 6.95 Cr.

  • Currently 3 directors are associated with Vadakkemuriyil Finance Company (India) Limited.

    • Bincy Anu George
    • Ashwyn Anu George
    • Anu Thomas George
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vadakkemuriyil Finance Company (India) Limited is 208, Chellappan Street Kattoor India, Coimbatore South, Tamil Nadu, 641009.

  • The corporate identification number (CIN) of Vadakkemuriyil Finance Company (India) Limited is U65999TZ1990PLC002916 and the company number is 002916 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vadakkemuriyil Finance Company (India) Limited is https://www.vm.finance

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vadakkemuriyil Finance Company (India) Limited has fallen by -10.08%.

  • As Per 2023 financial reports, 64 employees are currently employed by Vadakkemuriyil Finance Company (India) Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vadakkemuriyil Finance Company (India) Limited has experienced an upsurge of 27.84%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Vadakkemuriyil Finance Company (India) Limited amount to ₹ 29.60 Cr.

  • The most recent Balance Sheet for Vadakkemuriyil Finance Company (India) Limited was filed with the ROC on 31 Mar 2023.

Similar Companies Based on NBFC