Balussery Benefit Chit Fund Private Limited - Company Profile

It is a financial services private limited company based in Triplicane, Madras-5., Tamil Nadu, India, established in 1947.
1947 Triplicane, Madras-5., Tamil Nadu, India Active
Last Updated:
Access Report
About Balussery Benefit Chit Fund Private Limited

Balussery Benefit Chit Fund Private Limited, a active private limited company, was established on 06 February 1947 in Triplicane, Madras-5., Tamil Nadu, India. Engaging in microfinance institutions within the financial and insurance service sector, it holds CIN: U65992TN1947PTC000211. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹2.50 M and a paid-up capital of ₹1.44 M.

Formerly known as The Balussery Benefit Chit Fund Limited. It upholds a compliant status. Its leadership includes Sivaramakrishnan Tattamangalam Subramanian (Director), Viswanathan Suresh (Director), Mambilamadam Viswanathan Vaidyanathan (Director). Past directors included Chingleput Govindasamy Radhakrishnan, Mambila Subramaniam Rajgopal, Mambila Viswanathan Subramaniam. It holds ₹0.50 M open charges and ₹4.20 Cr settled loans. Its latest AGM occurred on 18 September 2024, with the balance sheet filed on 31 March 2024. It is based at 30, Singorachari Street,Triplicane, Madras-5. Triplicane, Madras-5., Triplicane, Madras-5., Tamil Nadu, 600005.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U65992TN1947PTC000211

  • Registration Number

    000211

  • Incorporation Date

    06 February 1947

  • Authorized Capital

    ₹2.50 M

  • Paid-Up Capital

    ₹1.44 M

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.44 M
  • Company Age 79 Year, 28 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 0.50 M
  • Satisfied Charges ₹ 4.20 Cr
  • Revenue Growth **** -1.60%
  • Profit Growth **** -17.78%
  • Ebitda **** -29.18%
  • Net Worth 5.25%
  • Total Assets **** 9.52%
Company report

Balussery Benefit Chit Fund Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Balussery Benefit Chit Fund Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report
Who are the key members and board of directors at Balussery Benefit Chit Fund Private Limited?
Current Directors
Name Designation Appointment Date Status
Sivaramakrishnan Tattamangalam Subramanian Director 20 Jul 1968 Current
Viswanathan Suresh Director 26 Jun 1986 Current
Mambilamadam Viswanathan Vaidyanathan Director 20 Jul 1968 Current
Mambila Viswanathan Gowrikanthan Director 20 Jul 1972 Current
Krishnan Tattamangalam Subramanian Director 29 Jul 2014 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 11 May 2008 Past
Pramod Abcsdd Director 27 Nov 2021 Past
Pramod Abcsdd Director 12 Dec 2014 Past
Pramod Abcsdd Additional Director 15 Sep 2014 Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Balussery Benefit Chit Fund.

Balussery Benefit Chit Fund Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 1.6% decrease. The company also saw a substantial fall in profitability, with a 17.78% decrease in profit. The company's net worth moved up by a moderate rise of 5.25%.

Balussery Benefit Chit Fund revenue growth over time
Balussery Benefit Chit Fund profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
********
 -1.60%
*******
*******
*******
*******
Revenue from Operations
*******
 -1.68%
*******
*******
*******
*******
Total Assets
*******
 9.52%
*******
*******
*******
*******
Profit or Loss
*******
 -17.78%
*******
*******
*******
*******
Net Worth
*******
 5.25%
*******
*******
*******
*******
EBITDA
*******
 -29.18%
*******
*******
*******
*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Balussery Benefit Chit Fund?

In 2023, Balussery Benefit Chit Fund had a public holding of 10.42%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)
Open Charges

₹500,000.00

Satisfied Charges

₹42,010,000.00

Charges Breakdown by Lending Institutions
  • Others : 3.00 Cr
  • Vijaya Bank : 1.05 Cr
  • Icici Bank Ltd. : 0.06 Cr
  • Indian Bank : 0.05 Cr
  • Hdfc Bank Ltd. : 0.05 Cr
Latest Charge Details
Date Lender Amount Status
24 Aug 2018 Others ₹3.00 Cr Satisfied
27 Feb 2012 Vijaya Bank ₹0.45 M Satisfied
03 Mar 2010 Indian Bank ₹0.50 M Satisfied
19 Feb 2005 Icici Bank Ltd. ₹0.60 M Satisfied
08 Dec 2004 Hdfc Bank Ltd. ₹0.46 M Satisfied

Explore comprehensive loan charge details -

How Many Employees Work at Balussery Benefit Chit Fund?

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

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Balussery Benefit Chit Fund, 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 Balussery Benefit Chit Fund'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.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Balussery Benefit Chit Fund
Recent Activity within the Organization
  • Charges

    The activity A charge registered on 03 Mar 2010 via Charge ID 10207078 with Indian Bank was fully satisfied on 15 Jan 2025. was completed.

  • Annual General Meeting

    The activity Balussery Benefit Chit Fund Private Limited last Annual general meeting of members was held on 18 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Balussery Benefit Chit Fund Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was recorded as a recent event.

  • Charges

    The activity A charge registered on 24 Aug 2018 via Charge ID 100214349 with Others was fully satisfied on 26 Aug 2022. was completed.

  • Charges

    The activity A charge with Others amounted to Rs. 30.00 M with Charge ID 100214349 was registered on 24 Aug 2018. was completed.

  • Charges

    Progress on A charge registered on 17 Jul 1985 via Charge ID 80038887 with Vijaya Bank was fully satisfied on 02 Aug 2018. was documented.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Balussery Benefit Chit Fund Private Limited?

The CIN of Balussery Benefit Chit Fund Private Limited is U65992TN1947PTC000211.

Where is Balussery Benefit Chit Fund Private Limited headquartered?

Balussery Benefit Chit Fund Private Limited is headquartered at 30, Singorachari Street,Triplicane, Madras-5. Triplicane, Madras-5., Triplicane, Madras-5., Tamil Nadu, 600005.

When was Balussery Benefit Chit Fund Private Limited incorporated?

Balussery Benefit Chit Fund Private Limited was incorporated on 06 February 1947.

Who are the current directors of Balussery Benefit Chit Fund Private Limited?

The current directors of Balussery Benefit Chit Fund Private Limited are

What is the primary industry of Balussery Benefit Chit Fund Private Limited?

The primary industry of Balussery Benefit Chit Fund Private Limited is Financial And Insurance Service.

Is Balussery Benefit Chit Fund Private Limited a listed company?

Balussery Benefit Chit Fund Private Limited is unlisted.

What is the capital structure of Balussery Benefit Chit Fund Private Limited?

The authorized capital of Balussery Benefit Chit Fund Private Limited is ₹2.50 M, and the paid-up capital is ₹1.44 M.

What is the compliance status of Balussery Benefit Chit Fund Private Limited?

The compliance status of Balussery Benefit Chit Fund Private Limited is Compliant.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available