About Chennaiangels Network Association
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Chennaiangels Network Association is a private not for profit company based in Chennai, Tamil Nadu, India. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 09 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U91990TN2018NPL121261. Its GSTIN is 33AAHCC4482E1ZU (Tamil Nadu).
It is led by directors including Gopal Srinivasan and Lakshminarayanan.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Iit Madras Research Park, Chennai, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.69 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹4.1 Lakh (net margin 2.4%) and EBITDA of ₹8.74 Lakh (EBITDA margin 5.2%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 13% over five years.
The company is associated with 1 brand: The Chennai Angels.
For more details, the company can be reached via its website thechennaiangels.com.
Company details
Contact details
Chennaiangels Network Association's registered office is in Chennai, Tamil Nadu. Its website is thechennaiangels.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressModule No. A3 – 05 Third Floor Block A Phase – II, Iit Madras Research Park Kanagam Road Taramani, Chennai, Tamil Nadu, India – 600113
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Chennaiangels Network Association, 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
Brands
Chennaiangels Network Association operates one associated brand: The Chennai Angels. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Angel network focused on multiple sectors | thechennaiangels.com |
Business activity
The main business activity of Chennaiangels Network Association is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Chennaiangels Network Association, buy the company report.
Financials of Chennaiangels Network Association
FY 2024 filings availableChennaiangels Network Association reported revenue of ₹1.69 Cr (down 23% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 23% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA fell 63% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹8.74 Lakh | ||||
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| Net Profit (PAT) | ₹4.1 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 5.2% | ||||
| Net Profit Margin | 2.4% | ||||
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To see the full financial statements and ratios of Chennaiangels Network Association, buy the company report.
Board of directors of Chennaiangels Network Association
Chennaiangels Network Association has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gopal Srinivasan | Director | 09 Mar 2018 | 8 Years 7 Months | Current |
| Lakshminarayanan Also directs: TVS Capital Funds Private Limited, Chennai International Centre, Loyal Textile Mills Limited and 4 more | Director | 09 Jun 2020 | 6 Years 4 Months | Current |
| Vaidyanathan Shankar Also directs: Iitm Incubation Cell, Acsys Investments Private Limited | Director | 27 May 2024 | 2 Years 4 Months | Current |
| Rajasekar Ramaraj Also directs: R S Software (India) Ltd., Imerit Technology Services Private Limited, Paypermint Private Limited and 2 more | Director | 09 Mar 2018 | 8 Years 7 Months | Current |
Auditor
Chennaiangels Network Association is audited by RKRV & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RKRV & ASSOCIATES | FY 2022 | 009958S |
Shareholding
The shareholding of Chennaiangels Network Association is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions and public shareholders.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public |
To see the full shareholding pattern of Chennaiangels Network Association, buy the company report.
Legal cases
No court or tribunal cases involving Chennaiangels Network Association are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Chennaiangels Network Association; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Chennaiangels Network Association has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAHCC4482E1ZU | Tamil Nadu | Active | 26 May 2018 |
To see the full GST registrations and return filing status of Chennaiangels Network Association, buy the company report.
Recent activity
Chennaiangels Network Association has 6 board changes on record since 2018: 4 appointments and 2 cessations. The latest: Vaidyanathan Shankar ceased to be Additional Director on 29 Sep 2024.
News
Frequently asked questions
Chennaiangels Network Association is an active private not for profit company based in Chennai, Tamil Nadu, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 09 March 2018 (8+ years old) and is registered under CIN U91990TN2018NPL121261.
Chennaiangels Network Association has 4 current directors:
- Gopal Srinivasan - Director
- Lakshminarayanan - Director
- Vaidyanathan Shankar - Director
- Rajasekar Ramaraj - Director
The latest financial statements of Chennaiangels Network Association on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Chennaiangels Network Association is 33AAHCC4482E1ZU, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Chennaiangels Network Association is U91990TN2018NPL121261. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chennaiangels Network Association was incorporated on 09 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chennai.
Vaidyanathan Shankar ceased to be Additional Director on 29 Sep 2024. Vaidyanathan Shankar was appointed as Director on 27 May 2024. Lakshminarayanan ceased to be Additional Director on 30 Nov 2021. Chennaiangels Network Association has 6 board changes on record in total.
Chennaiangels Network Association can be reached through the website thechennaiangels.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Chennaiangels Network Association is at Module No. A3 – 05 Third Floor Block A Phase – II, Iit Madras Research Park Kanagam Road Taramani, Chennai, Tamil Nadu, India – 600113.
Chennaiangels Network Association operates in the travel and hospitality industry, in the consumer professional services segment.