Valgaa Financial Services Limited

NBFC providing HP finance, LAP, and inter-corporate deposits since 1991.

1991 | Salem, Tamil Nadu (India) | Active
Last Updated: June 17, 2024

Who are the key members and board of directors at Valgaa Financial Services?

Executive Team (1)

NameDesignationAppointment DateStatus
Ashokraj Muthurajan Country flag representing InManaging Director20-Nov-2017Current

Board Members (3)

NameDesignationAppointment DateStatus
Samudhram Muthuvelu Country flag representing In Whole-Time Director 31-Jan-1996Current
Muthusamy Saroja Country flag representing In Director 25-Feb-1991Current
Sengodagounder Muthurajan Country flag representing In Director 25-Feb-1991Current

Financial Performance of Valgaa Financial Services.

Valgaa Financial Services Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.88% increase. The company also saw a substantial improvement in profitability, with a 39.72% increase in profit. The company's net worth moved up by a moderate rise of 5.94%.

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
20.88%
Revenue from Operations
20.88%
Total Assets
6.22%
Profit or Loss
39.72%
Net Worth
5.94%
EBITDA
35.78%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹25.98 Cr

Satisfied Charges

₹40.29 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 24.50 Cr
  • Hdfc Bank Limited : 1.20 Cr
  • Gda Trusteeship Limited : 0.28 Cr

Latest Charge Details

DateLenderAmountStatus
25 Sep 2023State Bank Of India₹24.50 CrOpen
25 Jul 2022Hdfc Bank Limited₹1.20 CrOpen
29 Sep 2014Gda Trusteeship Limited₹2.75 MOpen
06 Jul 2020Others₹7.86 MSatisfied
24 Oct 2019Karnataka Bank Ltd.₹20.00 CrSatisfied

How Many Employees Work at Valgaa Financial Services?

Valgaa Financial Services has a workforce of 53 employees as of Apr 09, 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

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Alerts

Latest Updates, News, and FAQs on Valgaa Financial Services

Recent activity within the organization

  • Charges

    A charge registered on 24 Oct 2019 via Charge ID 100299318 with Karnataka Bank Ltd. was fully satisfied on 06 Oct 2023.

    06 Oct 2023

  • Annual General Meeting

    Valgaa Financial Services Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 24.50 Cr with Charge ID 100792063 was registered on 25 Sep 2023.

    25 Sep 2023

  • Balance Sheet

    Valgaa Financial Services Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge registered on 02 Jun 1997 via Charge ID 90006843 with The Karnataka Bank Limited was fully satisfied on 29 Sep 2022.

    29 Sep 2022

  • Charges

    A charge with Karnataka Bank Ltd. of Rs. 20.00 Cr registered on 24 Oct 2019 with Charge ID 100299318 was modified on 29 Jul 2022.

    29 Jul 2022

Frequently asked questions

  • Valgaa Financial Services Limited was incorporated on 25 Feb 1991.

  • The authorized share capital of Valgaa Financial Services Limited is ₹ 5.00 Cr and paid-up capital is ₹ 5.00 Cr.

  • Currently 4 directors are associated with Valgaa Financial Services Limited.

    • Samudhram Senguttuvelavan Muthuvelu
    • Muthusamy Baby Saroja
    • Sengodagounder Muthurajan
    • Ashokraj Muthurajan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Valgaa Financial Services Limited is No 4 36Bharathi Street Swarnapuri, Salem, Tamil Nadu, India, 636004.

  • The corporate identification number (CIN) of Valgaa Financial Services Limited is U65921TZ1991PLC003149 and the company number is 003149 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Valgaa Financial Services Limited is https://www.valgaafs.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Valgaa Financial Services Limited has risen by 20.88%.

  • As Per 2023 financial reports, 53 employees are currently employed by Valgaa Financial Services Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Valgaa Financial Services Limited has experienced an upsurge of 5.94%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Valgaa Financial Services Limited amount to ₹ 25.98 Cr.

  • The most recent Balance Sheet for Valgaa Financial Services Limited was filed with the ROC on 31 Mar 2023.

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