Ashok Finance (Karur) Limited Company Logo

Ashok Finance (Karur) Limited - Company Profile

It is a financial services public limited company based in Karur, Tamil Nadu, India, established in 1997.

1997 | Karur, Tamil Nadu, India | Active
Last Updated:

About Ashok Finance (Karur) Limited

Ashok Finance (Karur) Limited, a active public limited company, was established on 26 May 1997 in Karur, Tamil Nadu, India. Engaging in investment & credit nbfc within the financial and insurance service sector, it holds CIN: U65191TN1997PLC038258. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹4.00 Cr and a paid-up capital of ₹3.36 Cr.

It upholds a compliant status. Its leadership includes Muthusamy Gounder Ramakrishnan (Managing Director), Palaniappa Gounder Muthusamy Gounder Chellappan (Director), Karur Ramakrishnan Praveen Kumar (Director). Past directors included Muthusamy Gounder Ramakrishnan, Karupannan Subramanian, Karuppanna Gounder Palanisamy. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Ashok Building5-E/3 80, Feet Road, Sengunthapuram, Karur, Tamil Nadu, 639002.

Company Details

  • CIN/LLPIN

    U65191TN1997PLC038258

  • Registration Number

    038258

  • Incorporation Date

    26 May 1997

  • Authorized Capital

    ₹4.00 Cr

  • Paid-Up Capital

    ₹3.36 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.36 Cr
  • Company Age 28 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 2.78%
  • Profit Growth 1.89%
  • Ebitda -0.42%
  • Net Worth 3.06%
  • Total Assets 0.69%
Company report

Ashok Finance (Karur) Limited

Company Report FY 2025-2026

Explore comprehensive insights into Ashok Finance (Karur) Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Ashok Finance (Karur) Limited?

Current Directors

NameDesignationAppointment DateStatus
Muthusamy Gounder RamakrishnanManaging Director26 May 1997Current
Palaniappa Gounder Muthusamy Gounder ChellappanDirector10 Jul 1997Current
Karur Ramakrishnan Praveen KumarDirector19 Jun 2021Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddManaging Director29 Jun 2025Past
Pramod AbcsddDirector15 May 2017Past
Pramod AbcsddDirector22 Sep 2023Past
Pramod AbcsddDirector15 May 2017Past
Pramod AbcsddDirector15 May 2017Past
Pramod AbcsddAdditional Director29 Sep 2021Past

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Financial Performance of Ashok Finance (Karur).

Ashok Finance (Karur) Limited, for the financial year ended 2021, experienced modest growth in revenue, with a 2.78% increase. The company also saw a slight improvement in profitability, with a 1.89% increase in profit. The company's net worth moved up by a moderate rise of 3.06%.

Ashok Finance (Karur) revenue growth over time
Ashok Finance (Karur) 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
2.78%
Revenue from Operations
2.63%
Total Assets
0.69%
Profit or Loss
1.89%
Net Worth
3.06%
EBITDA
-0.42%

What is the Ownership and Shareholding Structure of Ashok Finance (Karur)?

In 2018, Ashok Finance (Karur) 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

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Charges (Loans)

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

How Many Employees Work at Ashok Finance (Karur)?

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

Employee growth trends for Ashok Finance (Karur) Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ashok Finance (Karur), 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 Ashok Finance (Karur)'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 Ashok Finance (Karur)

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Ashok Finance (Karur) Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Ashok Finance (Karur) Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was documented.

  • Director Appointment

    The activity Karur Ramakrishnan Praveen Kumar was appointed as a Director was appointed as a Director on 19 Jun 2021 & has been associated with this company since 4 years 5 months . was completed.

  • Director Appointment

    Progress on Palaniappa Gounder Muthusamy Gounder Chellappan was appointed as a Director was appointed as a Director on 10 Jul 1997 & has been associated with this company since 28 years 4 months . was documented.

  • Director Appointment

    Progress on Muthusamy Gounder Ramakrishnan was appointed as a Managing Director was appointed as a Managing Director on 26 May 1997 & has been associated with this company since 28 years 6 months . was documented.

  • Company Incorporation

    Progress on Ashok Finance (Karur) Limited was registered on 26 May 1997 with Roc Chennai & aged 28 years 6 months as per MCA records. was documented.

Frequently Asked Questions

  • What is the CIN of Ashok Finance (Karur) Limited?

    The CIN of Ashok Finance (Karur) Limited is U65191TN1997PLC038258.

  • Where is Ashok Finance (Karur) Limited headquartered?

    Ashok Finance (Karur) Limited is headquartered at Ashok Building5-E/3 80, Feet Road, Sengunthapuram, Karur, Tamil Nadu, 639002.

  • When was Ashok Finance (Karur) Limited incorporated?

    Ashok Finance (Karur) Limited was incorporated on 26 May 1997.

  • Who are the current directors of Ashok Finance (Karur) Limited?

    The current directors of Ashok Finance (Karur) Limited are

  • What is the primary industry of Ashok Finance (Karur) Limited?

    The primary industry of Ashok Finance (Karur) Limited is Financial And Insurance Service.

  • Is Ashok Finance (Karur) Limited a listed company?

    Ashok Finance (Karur) Limited is unlisted.

  • What is the capital structure of Ashok Finance (Karur) Limited?

    The authorized capital of Ashok Finance (Karur) Limited is ₹4.00 Cr, and the paid-up capital is ₹3.36 Cr.

  • What is the compliance status of Ashok Finance (Karur) Limited?

    The compliance status of Ashok Finance (Karur) Limited is Compliant.

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