Balussery Benefit Chit Fund Private Limited Company Logo

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:

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

  • 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 Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.44 M
  • Company Age 78 Year, 9 Months
  • 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

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.

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Who are the key members and board of directors at Balussery Benefit Chit Fund Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Sivaramakrishnan Tattamangalam SubramanianDirector20 Jul 1968Current
Viswanathan SureshDirector26 Jun 1986Current
Mambilamadam Viswanathan VaidyanathanDirector20 Jul 1968Current
Mambila Viswanathan GowrikanthanDirector20 Jul 1972Current
Krishnan Tattamangalam SubramanianDirector29 Jul 2014Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector11 May 2008Past
Pramod AbcsddDirector27 Nov 2021Past
Pramod AbcsddDirector12 Dec 2014Past
Pramod AbcsddAdditional Director15 Sep 2014Past

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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
  • 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%

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.

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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

DateLenderAmountStatus
24 Aug 2018Others₹3.00 CrSatisfied
27 Feb 2012Vijaya Bank₹0.45 MSatisfied
03 Mar 2010Indian Bank₹0.50 MSatisfied
19 Feb 2005Icici Bank Ltd.₹0.60 MSatisfied
08 Dec 2004Hdfc Bank Ltd.₹0.46 MSatisfied

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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 growth trends for Balussery Benefit Chit Fund Private Limited

Deals i

Graph showing company valuation over time

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Rating

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Alerts

Alert Indicator

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Latest Updates, News, and FAQs on Balussery Benefit Chit Fund

Recent Activity within the Organization

  • Charges

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

  • Annual General Meeting

    Balussery Benefit Chit Fund Private Limited last Annual general meeting of members was held on 18 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Balussery Benefit Chit Fund Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was completed.

  • Charges

    Progress on A charge registered on 24 Aug 2018 via Charge ID 100214349 with Others was fully satisfied on 26 Aug 2022. was documented.

  • Charges

    A charge with Others amounted to Rs. 30.00 M with Charge ID 100214349 was registered on 24 Aug 2018. was recorded as a recent event.

  • 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.

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.

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