Venkatachalam Financial Services Private Limited

Provides financial auxiliary services such as hire purchase and leasing since 1995 in Chennai.

1995 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 10, 2024

Venkatachalam Financial Services Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 29 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.00 Cr
  • Satisfied Charges ₹ 8.07 Cr
  • Revenue Growth 5.54%
  • Profit Growth 8.46%
  • Ebitda 6.20%
  • Net Worth 8.94%
  • Total Assets 0.88%

About Venkatachalam Financial Services

Venkatachalam Financial Services Private Limited (VFSPL) is a Private Limited Indian Non-Government Company incorporated in India on 13 September 1995 and has a history of 29 years and five months. Its registered office is in Chennai, Tamil Nadu, 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 2024. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 2.00 Cr.

The company currently has active open charges totaling ₹4.00 Cr. The company has closed loans amounting to ₹8.07 Cr, as per Ministry of Corporate Affairs (MCA) records.

Venkatachalam Narayanan and Narayanan Ramasamy serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U67190TN1995PTC032906

  • Company No.

    032906

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Sep 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

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

Executive Team (1)

NameDesignationAppointment DateStatus
Venkatachalam Narayanan Country flag representing In Managing Director13-Sep-1995Current

Board Members (1)

NameDesignationAppointment DateStatus
Narayanan Ramasamy Country flag representing In Whole-Time Director 15-Oct-2009Current

Financial Performance of Venkatachalam Financial Services.

Venkatachalam Financial Services Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 5.54% increase. The company also saw a slight improvement in profitability, with a 8.46% increase in profit. The company's net worth moved up by a moderate rise of 8.94%.

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
5.54%
Revenue from Operations
5.36%
Total Assets
0.88%
Profit or Loss
8.46%
Net Worth
8.94%
EBITDA
6.20%

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

In 2022, Venkatachalam Financial Services 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

₹4.00 Cr

Satisfied Charges

₹8.07 Cr

Charges Breakdown by Lending Institutions

  • The South Indian Bank Limited : 4.00 Cr

Latest Charge Details

DateLenderAmountStatus
01 Aug 2024The South Indian Bank Limited₹2.00 CrOpen
27 Dec 2021The South Indian Bank Limited₹2.00 CrOpen
22 Jan 2020Canara Bank₹4.00 CrSatisfied
13 Jun 2016Others₹0.69 MSatisfied
04 Mar 2015Bank Of India₹4.00 CrSatisfied

How Many Employees Work at Venkatachalam Financial Services?

Unlock and access historical data on people associated with Venkatachalam Financial Services, 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 Venkatachalam 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 Venkatachalam 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 Venkatachalam Financial Services

Recent activity within the organization

  • Annual General Meeting

    Venkatachalam Financial Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with The South Indian Bank Limited amounted to Rs. 2.00 Cr with Charge ID 100964582 was registered on 01 Aug 2024.

    01 Aug 2024

  • Charges

    A charge with The South Indian Bank Limited of Rs. 2.00 Cr registered on 27 Dec 2021 with Charge ID 100524591 was modified on 01 Aug 2024.

    01 Aug 2024

  • Balance Sheet

    Venkatachalam Financial Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge registered on 13 Jun 2016 via Charge ID 100035697 with Others was fully satisfied on 16 Jul 2022.

    16 Jul 2022

  • Charges

    A charge registered on 22 Jan 2020 via Charge ID 100321615 with Canara Bank was fully satisfied on 11 Jul 2022.

    11 Jul 2022

Frequently asked questions

  • Venkatachalam Financial Services Private Limited was incorporated on 13 Sep 1995.

  • The authorized share capital of Venkatachalam Financial Services Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.

  • Currently 2 directors are associated with Venkatachalam Financial Services Private Limited.

    • Venkatachalam Narayanan
    • Narayanan Ramasamy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Venkatachalam Financial Services Private Limited is No. 7 Jambulingam Street, Nungambakkam India, Chennai, Tamil Nadu, 600034.

  • The corporate identification number (CIN) of Venkatachalam Financial Services Private Limited is U67190TN1995PTC032906 and the company number is 032906 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Venkatachalam Financial Services Private Limited is https://www.venkatachalamfinancial.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Venkatachalam Financial Services Private Limited has risen by 5.54%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Venkatachalam Financial Services Private Limited has experienced an upsurge of 8.94%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Venkatachalam Financial Services Private Limited amount to ₹ 4.00 Cr.

  • The most recent Balance Sheet for Venkatachalam Financial Services Private Limited was filed with the ROC on 31 Mar 2024.

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