
Ashwini Benefit Fund Limited
About Ashwini Benefit Fund Limited
Data last updated:
Ashwini Benefit Fund Limited is a public limited company based in Ponneri, Tamil Nadu, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 01 February 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65991TN1996PLC034341.
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹23.57 Lakh. It is led by directors including Ravilla Sukumar (Managing Director) and Parasuru Ravichandran.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 101 – B Neeli Appadurai Streetponneri 601 204 Ponneri 601 204, Tamil Nadu, India – 601204.
As per the financials filed for FY 2017, the company reported a revenue of ₹42.88 Lakh, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹2.18 Lakh (net margin 5.1%) and EBITDA of ₹28.5 Lakh (EBITDA margin 66.5%).
Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Ashwini Benefit Fund Limited's registered office is in Ponneri, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address101 – B Neeli Appadurai Streetponneri 601 204 Ponneri 601 204, Tamil Nadu, India – 601204
- IndustryFinancial Services, Financial Activities
To see the full contact details of Ashwini Benefit Fund Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Ashwini Benefit Fund is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Ashwini Benefit Fund Limited, buy the company report.
Financials of Ashwini Benefit Fund Limited
FY 2017 filings availableAshwini Benefit Fund Limited reported revenue of ₹42.88 Lakh (down 4% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 4% in the latest year. EBITDA fell 3% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹42.88 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹28.5 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹2.18 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 66.5% | ||
| Net Profit Margin | 5.1% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Ashwini Benefit Fund Limited, buy the company report.
Board of directors of Ashwini Benefit Fund Limited
Ashwini Benefit Fund has 6 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravilla Sukumar | Managing Director | 17 Feb 1996 | 30 Years 8 Months | Current |
| Parasuru Ravichandran | Director | 17 Feb 1996 | 30 Years 8 Months | Current |
| Korrapatti Madhavalu Ravi | Director | 17 Feb 1996 | 30 Years 8 Months | Current |
| Mallika Gali | Director | 17 Feb 1996 | 30 Years 8 Months | Current |
| Gangarapu Raghu Babu | Director | 17 Feb 1996 | 30 Years 8 Months | Current |
| Korapati Suresh Kumar | Director | 17 Feb 1996 | 30 Years 8 Months | Current |
Peer comparison
Ashwini Benefit Fund Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Accurate Enclave Private Limited | ₹42.89 Lakh (FY 2025) | -9.0% | Kolkata, West Bengal, India | |||
| Shuba Shyamala Chit Fund Private Limited | ₹42.89 Lakh (FY 2025) | -24.0% | Hyderabad, Telangana, India | |||
| Pravathi Consultancy Services Private Limited | ₹42.88 Lakh (FY 2025) | 31.0% | Delhi, India | |||
| Ravel Finance Solutions Private Limited | ₹42.88 Lakh (FY 2025) | 10.0% | New Delhi, Delhi, India | |||
| Sark Commercial Company Pvt Ltd | ₹42.88 Lakh (FY 2024) | 23.0% | Raipur, Chhattisgarh, India | |||
| Ashwini Benefit Fund Limitedthis company | ₹42.88 Lakh (FY 2017) | ₹2.18 Lakh | 5.1% | -4.0% | Ponneri, Tamil Nadu, India | |
| Banyan Wealth Private Limited | ₹42.88 Lakh (FY 2024) | 29.0% | Tiruchirappalli, Tamil Nadu, India | |||
| Akriti Financial Services Private Limited | ₹42.86 Lakh (FY 2025) | -3.0% | New Delhi, Delhi, India | |||
| Shoshanna Mercantiles Private Limited | ₹42.85 Lakh (FY 2024) | -59.0% | Kolkata, West Bengal, India | |||
| Tornado Consultants Ltd | ₹42.85 Lakh (FY 2024) | 1.0% | Kolkata, West Bengal, India | |||
| Good Luck Fin. Solutions Private Limited | ₹42.85 Lakh (FY 2023) | 169.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Ashwini Benefit Fund Limited, buy the company report.
Auditor
Ashwini Benefit Fund Limited is audited by Gopinath & Sharma Chartered Accountants for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Gopinath & Sharma Chartered Accountants | FY 2017 | 004879S |
Shareholding
The shareholding of Ashwini Benefit Fund Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ashwini Benefit Fund Limited, buy the company report.
Legal cases
Ashwini Benefit Fund Limited has 2 court cases on record: 2 filed by Ashwini Benefit Fund. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Court case (WPMP) | Filed by the company against The Union of India, Rep by Its and 1 other | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against The Union of India, Rep by Its and 1 other | Disposed |
To see the full case history of Ashwini Benefit Fund Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ashwini Benefit Fund Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Ashwini Benefit Fund Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ashwini Benefit Fund Limited has 10 board changes on record since 1996: 6 appointments and 4 cessations. The latest: Gangarapu Raghu Babu ceased to be Director on 10 Aug 2021.
1 earlier event is in the company report.
Frequently asked questions
Ashwini Benefit Fund is an active public limited company based in Ponneri, Tamil Nadu, India. The company works in financial activities, within the financial services industry. It was incorporated on 01 February 1996 (30+ years old) and is registered under CIN U65991TN1996PLC034341.
Ashwini Benefit Fund has 6 current directors:
- Ravilla Sukumar - Managing Director
- Parasuru Ravichandran - Director
- Korrapatti Madhavalu Ravi - Director
- Mallika Gali - Director
- Gangarapu Raghu Babu - Director
- Korapati Suresh Kumar - Director
The latest financial statements of Ashwini Benefit Fund on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Ashwini Benefit Fund is U65991TN1996PLC034341. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashwini Benefit Fund has 2 court cases on record: 2 filed by the company.
Ashwini Benefit Fund was incorporated on 01 February 1996, making it 30+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Ashwini Benefit Fund by revenue are Accurate Enclave Private Limited, Shuba Shyamala Chit Fund Private Limited, Pravathi Consultancy Services Private Limited, Ravel Finance Solutions Private Limited, Sark Commercial Company Pvt Ltd and 5 more, all in the same principal business activity (other financial activities).
Gangarapu Raghu Babu ceased to be Director on 10 Aug 2021. Madapuri Ramesh ceased to be Director on 28 Sep 2015. Thumala Vinod Kumar ceased to be Director on 28 Sep 2015. Ashwini Benefit Fund has 10 board changes on record in total.
The registered office of Ashwini Benefit Fund is at 101 – B Neeli Appadurai Streetponneri 601 204 Ponneri 601 204, Tamil Nadu, India – 601204.
Ashwini Benefit Fund operates in the financial services industry, in the financial activities segment.
The compliance status of Ashwini Benefit Fund is active non-compliant as of 13 August 2026. The company is actively filing with the Registrar of Companies.

