Cheran Finance Limited Company Logo

Cheran Finance Limited - Company Profile

It is a financial services public limited company based in Coimbatore, Tamil Nadu, India, established in 1986.

1986 | Coimbatore, Tamil Nadu, India | Active
Last Updated:

About Cheran Finance Limited

Cheran Finance Limited, a active public limited company, was established on 11 December 1986 in Coimbatore, Tamil Nadu, India. Engaging in diversified financial services within the financial services sector, it holds CIN: U65921TZ1986PLC001885. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹1.00 Cr.

Formerly known as Cheran Leasing & H.P. Finance Limited, Cheran Leasing Private Limited. It upholds a compliant status. Its leadership includes Kannan Kuppusamy (Director), Baskaran Palanisamy (Director), Kangayem Chenniyappa Palanisamy (Additional Director). Past directors included Sri Kharthick Palanisamy, Mohan Kumar, Kannan Kuppusamy. It holds ₹1.30 Cr open charges and no settled loans. Its latest AGM occurred on 28 September 2024, with the balance sheet filed on 31 March 2024. It is based at No.78,Cheran Towers,Govt Arts College Road, Coimbatore, Coimbatore, Tamil Nadu, 641018.

Company Details

  • CIN/LLPIN

    U65921TZ1986PLC001885

  • Registration Number

    001885

  • Incorporation Date

    11 December 1986

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹1.00 Cr

  • ROC Code

    Roc Coimbatore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 39 Year, 13 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.30 Cr
  • Revenue Growth %
  • Profit Growth -10.48%
  • Ebitda -3.08%
  • Net Worth -18.84%
  • Total Assets -48.01%
Company report

Cheran Finance Limited

Company Report FY 2025-2026

Explore comprehensive insights into Cheran Finance 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 Cheran Finance Limited?

Current Directors

NameDesignationAppointment DateStatus
Kannan KuppusamyDirector24 Jun 2022Current
Baskaran PalanisamyDirector19 Apr 2018Current
Kangayem Chenniyappa PalanisamyAdditional Director28 Jan 2025Current
Samiyappa Govandar SubiramaniDirector24 Jun 2022Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector29 Jun 2022Past
Pramod AbcsddAdditional Director23 Apr 2018Past
Pramod AbcsddDirector10 Oct 2015Past
Pramod AbcsddAdditional Director05 Sep 2008Past
Pramod AbcsddAdditional Director02 Sep 2018Past
Pramod AbcsddAdditional Director05 Sep 2008Past

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Financial Performance of Cheran Finance.

Cheran Finance Limited, for the financial year ended 2019, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 10.48% decrease in profit. The company's net worth observed a substantial decline by a decrease of 18.84%.

Cheran Finance revenue growth over time
Cheran Finance 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
Revenue from Operations
Total Assets
-48.01%
Profit or Loss
-10.48%
Net Worth
-18.84%
EBITDA
-3.08%

What is the Ownership and Shareholding Structure of Cheran Finance?

In 2018, Cheran Finance 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)

Open Charges

₹13,034,751.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Union Bank Of India : 0.90 Cr
  • Indian Bank : 0.30 Cr
  • Bank Of Madura Ltd. : 0.10 Cr

Latest Charge Details

DateLenderAmountStatus
24 Sep 1988Bank Of Madura Ltd.₹1.00 MOpen
07 Apr 1988Union Bank Of India₹5.00 MOpen
18 Feb 1988Indian Bank₹1.50 MOpen
08 Feb 1988Indian Bank₹1.50 MOpen
20 Nov 1987Union Bank Of India₹2.00 MOpen

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How Many Employees Work at Cheran Finance?

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Employee growth trends for Cheran Finance Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Cheran Finance, 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 Cheran Finance's trajectory.

Rating

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Alerts

Alert Indicator

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Latest Updates, News, and FAQs on Cheran Finance

Recent Activity within the Organization

  • Director Appointment

    Kangayem Chenniyappa Palanisamy was appointed as a Additional Director was appointed as a Additional Director on 28 Jan 2025 & has been associated with this company since 10 months 25 days . was recorded as a recent event.

  • Annual General Meeting

    Cheran Finance Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Cheran Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore. was recorded as a recent event.

  • Director Appointment

    The activity Kannan Kuppusamy was appointed as a Director was appointed as a Director on 24 Jun 2022 & has been associated with this company since 3 years 6 months . was completed.

  • Director Appointment

    Progress on Samiyappa Govandar Subiramani was appointed as a Director was appointed as a Director on 24 Jun 2022 & has been associated with this company since 3 years 6 months . was documented.

  • Director Appointment

    Progress on Baskaran Palanisamy was appointed as a Director was appointed as a Director on 19 Apr 2018 & has been associated with this company since 7 years 8 months . was documented.

Frequently Asked Questions

  • What is the CIN of Cheran Finance Limited?

    The CIN of Cheran Finance Limited is U65921TZ1986PLC001885.

  • Where is Cheran Finance Limited headquartered?

    Cheran Finance Limited is headquartered at No.78,Cheran Towers,Govt Arts College Road, Coimbatore, Coimbatore, Tamil Nadu, 641018.

  • When was Cheran Finance Limited incorporated?

    Cheran Finance Limited was incorporated on 11 December 1986.

  • Who are the current directors of Cheran Finance Limited?

    The current directors of Cheran Finance Limited are

  • What is the primary industry of Cheran Finance Limited?

    The primary industry of Cheran Finance Limited is Financial Services.

  • Is Cheran Finance Limited a listed company?

    Cheran Finance Limited is unlisted.

  • What is the capital structure of Cheran Finance Limited?

    The authorized capital of Cheran Finance Limited is ₹1.00 Cr, and the paid-up capital is ₹1.00 Cr.

  • What is the compliance status of Cheran Finance Limited?

    The compliance status of Cheran Finance Limited is Compliant.

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