Vanchinad Finance Private Limited

Provides microfinance services through SHG model in Kerala and Tamil Nadu.

1987 | Ernakulam, Kerala (India) | Active
Last Updated: October 24, 2024

Vanchinad Finance Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 25.00 Cr
  • Company Age 37 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 157.87 Cr
  • Satisfied Charges ₹ 52.00 Cr
  • Revenue Growth 34.76%
  • Profit Growth 47.70%
  • Ebitda 38.87%
  • Net Worth 11.67%
  • Total Assets 7.09%

About Vanchinad Finance

Vanchinad Finance Private Limited (VFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 March 1987 and has a history of 37 years and 11 months. Its registered office is in Ernakulam, Kerala, India.

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 25.00 Cr and a paid-up capital of Rs 25.00 Cr.

The company currently has active open charges totaling ₹157.87 Cr. The company has closed loans amounting to ₹52.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Vanchinad Finance Private Limited India are Aparna Madhusudan as COMPANY SECRETARY and Sibin Paulson as Cfo. Griger Williams, Susanna Isaac, Kocheril Varghese, and Two other members serve as directors at the Company.

Company Details

  • Location

    Ernakulam, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    vanchinad.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65910KL1987PTC004722

  • Company No.

    004722

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Mar 1987

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Financial Services

Who are the key members and board of directors at Vanchinad Finance?

Executive Team (2)

Name Designation Appointment Date Status
Aparna Madhusudan Country flag representing In Company Secretary 01-Mar-2024 Current
Sibin Paulson CFO 01-Jan-2021 Current

Board Members (5)

Name Designation Appointment Date Status
Griger Williams Country flag representing In Whole-Time Director 27-Sep-2018 Current
Susanna Isaac Country flag representing In Director 16-Oct-2019 Current
Kocheril Varghese Country flag representing In Director 06-Nov-2018 Current
Abin Behanan Country flag representing In Director 03-Mar-2020 Current
Puthukkunnathu Thankarajan Country flag representing In Director 19-Nov-2022 Current

Financial Performance of Vanchinad Finance.

Vanchinad Finance Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 34.76% increase. The company also saw a substantial improvement in profitability, with a 47.7% increase in profit. The company's net worth Soared by an impressive increase of 11.67%.

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
34.76%
Revenue from Operations
36.56%
Total Assets
7.09%
Profit or Loss
47.70%
Net Worth
11.67%
EBITDA
38.87%

What is the Ownership and Shareholding Structure of Vanchinad Finance?

In 2023, Vanchinad Finance had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹157.87 Cr

Satisfied Charges

₹52.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 124.87 Cr
  • State Bank Of India : 18.00 Cr
  • Indian Overseas Bank : 15.00 Cr

Latest Charge Details

Date Lender Amount Status
03 Aug 2024 Others ₹6.68 Cr Open
18 Jun 2024 Others ₹2.00 Cr Open
04 Jun 2024 Others ₹3.84 Cr Open
06 Apr 2024 Others ₹3.46 Cr Open
24 Jan 2024 Others ₹3.00 Cr Open

How Many Employees Work at Vanchinad Finance?

Vanchinad Finance has a workforce of 413 employees as of Apr 07, 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 Vanchinad Finance, 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 Vanchinad Finance'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 Vanchinad Finance

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 6.68 Cr with Charge ID 100983111 was registered on 03 Aug 2024.

    03 Aug 2024

  • Charges

    A charge with Indian Overseas Bank of Rs. 15.00 Cr registered on 30 Sep 2023 with Charge ID 100802718 was modified on 02 Jul 2024.

    02 Jul 2024

  • Charges

    A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100935841 was registered on 18 Jun 2024.

    18 Jun 2024

  • Charges

    A charge with Others amounted to Rs. 3.84 Cr with Charge ID 100943720 was registered on 04 Jun 2024.

    04 Jun 2024

  • Charges

    A charge with Others amounted to Rs. 3.46 Cr with Charge ID 100910488 was registered on 06 Apr 2024.

    06 Apr 2024

  • Director Appointment

    Aparna Madhusudan was appointed as a Company Secretary was appointed as a Company Secretary on 01 Mar 2024 & has been associated with this company since 11 months 16 days .

    01 Mar 2024

Frequently asked questions

  • Vanchinad Finance Private Limited was incorporated on 13 Mar 1987.

  • The authorized share capital of Vanchinad Finance Private Limited is ₹ 25.00 Cr and paid-up capital is ₹ 25.00 Cr.

  • Currently 7 directors are associated with Vanchinad Finance Private Limited.

    • Griger Cherry Williams
    • Susanna Isaac
    • Kocheril Ittoop Varghese
    • Abin M Behanan
    • Puthukkunnathu Kuriakose Thankarajan
    • Aparna Madhusudan
    • Sibin Paulson
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vanchinad Finance Private Limited is Kuzhuvelil Bldg 2Nd Floor Pookattupady Road Unichira, Edappally India, Ernakulam, Kerala, 682021.

  • The corporate identification number (CIN) of Vanchinad Finance Private Limited is U65910KL1987PTC004722 and the company number is 004722 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vanchinad Finance Private Limited is https://www.vanchinad.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vanchinad Finance Private Limited has risen by 34.76%.

  • As Per 2023 financial reports, 413 employees are currently employed by Vanchinad Finance Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vanchinad Finance Private Limited has experienced an upsurge of 11.67%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Vanchinad Finance Private Limited amount to ₹ 157.87 Cr.

  • The most recent Balance Sheet for Vanchinad Finance Private Limited was filed with the ROC on 31 Mar 2023.

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