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

Valgaa Financial Services Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 5.00 Cr
  • Company Age 33 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 25.98 Cr
  • Satisfied Charges ₹ 40.29 Cr
  • Revenue Growth 20.88%
  • Profit Growth 39.72%
  • Ebitda 35.78%
  • Net Worth 5.94%
  • Total Assets 6.22%

About Valgaa Financial Services

Valgaa Financial Services Limited (VFSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 25 February 1991 and has a history of 33 years and 11 months. Its registered office is in Salem, Tamil Nadu, India.

The Corporate was formerly known as G T P Finance 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 5.00 Cr and a paid-up capital of Rs 5.00 Cr.

The company currently has active open charges totaling ₹25.98 Cr. The company has closed loans amounting to ₹40.29 Cr, as per Ministry of Corporate Affairs (MCA) records.

Samudhram Muthuvelu, Muthusamy Saroja, Sengodagounder Muthurajan, and One other member serve as directors at the Company.

Company Details

  • Location

    Salem, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    valgaafs.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65921TZ1991PLC003149

  • Company No.

    003149

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    25 Feb 1991

  • Date of AGM

    30 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 Valgaa Financial Services?

Executive Team (1)

NameDesignationAppointment DateStatus
Ashokraj Muthurajan Country flag representing In Managing 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%

What is the Ownership and Shareholding Structure of Valgaa Financial Services?

In 2023, Valgaa Financial Services had a promoter holding of 0.60% and a public holding of 99.40%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Valgaa Financial Services, 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 Valgaa Financial Services'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 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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