Vedaraniam Nidhi Limited

Financial intermediary providing services since 1992, based in Tamil Nadu.

1992 | Nagapattinam, Tamil Nadu (India) | Active
Last Updated: December 24, 2024

Vedaraniam Nidhi Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.51 M
  • Company Age 32 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 0.48%
  • Profit Growth 21.63%
  • Ebitda -2.71%
  • Net Worth 7.37%
  • Total Assets 0.25%

About Vedaraniam Nidhi

Vedaraniam Nidhi Limited (VNL) is a Nidhi Limited Company incorporated in India on 09 October 1992 and has a history of 32 years and four months. Its registered office is in Nagapattinam, Tamil Nadu, India.

The Corporate was formerly known as Vedaraniam Benefit Fund 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 2.50 M and a paid-up capital of Rs 1.51 M, as per Ministry of Corporate Affairs (MCA) records.

Ayyadurai Vinaithirthan, Chandramouly, Krishnamoorthy, and Three other members serve as directors at the Company.

Company Details

  • Location

    Nagapattinam, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65991TN1992PLC023600

  • Company No.

    023600

  • Company Classification

    Nidhi Limited Company

  • Incorporation Date

    09 Oct 1992

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

Who are the key members and board of directors at Vedaraniam Nidhi?

Board Members (6)

Name Designation Appointment Date Status
Ayyadurai Vinaithirthan Country flag representing In Director 01-Aug-2019 Current
Chandramouly Country flag representing In Director 14-Oct-2016 Current
Krishnamoorthy Country flag representing In Director 14-Oct-2016 Current
Thamizhselvan Country flag representing In Director 14-Oct-2016 Current
Sundaravadivelu Country flag representing In Director 05-Sep-2015 Current
Singaravel Sethupathy Country flag representing In Director 05-Sep-2015 Current

Financial Performance of Vedaraniam Nidhi.

Vedaraniam Nidhi Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 0.48% increase. The company also saw a substantial improvement in profitability, with a 21.63% increase in profit. The company's net worth moved up by a moderate rise of 7.37%.

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
0.48%
Revenue from Operations
0.64%
Total Assets
0.25%
Profit or Loss
21.63%
Net Worth
7.37%
EBITDA
-2.71%

What is the Ownership and Shareholding Structure of Vedaraniam Nidhi?

In 2022, Vedaraniam Nidhi had a promoter holding of 19.45% and a public holding of 80.55%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Vedaraniam Nidhi?

Unlock and access historical data on people associated with Vedaraniam Nidhi, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vedaraniam Nidhi, 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 Vedaraniam Nidhi'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 Vedaraniam Nidhi

Recent activity within the organization

  • Annual General Meeting

    Vedaraniam Nidhi Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Vedaraniam Nidhi Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Ayyadurai Vinaithirthan was appointed as a Director was appointed as a Director on 01 Aug 2019 & has been associated with this company since 5 years 6 months .

    01 Aug 2019

  • Director Appointment

    Chandramouly was appointed as a Director was appointed as a Director on 14 Oct 2016 & has been associated with this company since 8 years 4 months .

    14 Oct 2016

  • Director Appointment

    Krishnamoorthy was appointed as a Director was appointed as a Director on 14 Oct 2016 & has been associated with this company since 8 years 4 months .

    14 Oct 2016

  • Director Appointment

    Thamizhselvan was appointed as a Director was appointed as a Director on 14 Oct 2016 & has been associated with this company since 8 years 4 months .

    14 Oct 2016

Frequently asked questions

  • Vedaraniam Nidhi Limited was incorporated on 09 Oct 1992.

  • The authorized share capital of Vedaraniam Nidhi Limited is ₹ 2.50 M and paid-up capital is ₹ 1.51 M.

  • Currently 6 directors are associated with Vedaraniam Nidhi Limited.

    • Ayyadurai Vinaithirthan
    • Chandramouly
    • Krishnamoorthy
    • Thamizhselvan
    • Sundaravadivelu
    • Singaravel Sethupathy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vedaraniam Nidhi Limited is No.24/5, North Main Street India, Vedaraniam, Tamil Nadu, 614810.

  • The corporate identification number (CIN) of Vedaraniam Nidhi Limited is U65991TN1992PLC023600 and the company number is 023600 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Vedaraniam Nidhi Limited has risen by 0.48%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Vedaraniam Nidhi Limited has experienced an upsurge of 7.37%.

  • The most recent Balance Sheet for Vedaraniam Nidhi Limited was filed with the ROC on 31 Mar 2023.

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