About Common Wealth Inclusive Growth Foundation
Data last updated:
Common Wealth Inclusive Growth Foundation is a private not for profit company based in Chennai, Tamil Nadu, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 02 April 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U85190TN2009NPL071210. Its GSTIN is 33AADCC6834A1Z6 (Tamil Nadu).
The company has a paid-up capital of ₹5.5 Lakh. It is led by directors including Mahesh Ramachandran and Swaminathan Periaswamy.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.27 Dr.Ambedkar Road Kodambakkam, Chennai, Tamil Nadu, India – 600024.
As per the financials filed for FY 2024, the company reported a revenue of ₹20.39 Lakh, a decline of 37% compared to the previous year. For the same year it recorded a net loss of ₹6.51 Lakh (net margin -31.9%) and EBITDA of -₹6.51 Lakh (EBITDA margin -31.9%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 31% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cigs.in.
Company details
Contact details
Common Wealth Inclusive Growth Foundation's registered office is in Chennai, Tamil Nadu. Its website is cigs.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.27 Dr.Ambedkar Road Kodambakkam, Chennai, Tamil Nadu, India – 600024
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Common Wealth Inclusive Growth Foundation, 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
Business activity
The main business activity of Common Wealth Inclusive Growth Foundation is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Common Wealth Inclusive Growth Foundation, buy the company report.
Financials of Common Wealth Inclusive Growth Foundation
FY 2025 filings availableCommon Wealth Inclusive Growth Foundation reported revenue of ₹20.39 Lakh (down 37% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 31% over five years, including a 37% fall in the latest year. EBITDA fell 179% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹6.51 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.51 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -31.9% | ||||
| Net Profit Margin | -31.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Common Wealth Inclusive Growth Foundation, buy the company report.
Board of directors of Common Wealth Inclusive Growth Foundation
Common Wealth Inclusive Growth Foundation has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Ramachandran | Director | 02 Apr 2009 | 17 Years 7 Months | Current |
| Swaminathan Periaswamy | Director | 05 Mar 2010 | 16 Years 7 Months | Current |
| Suresh Thanjavur Ramachandran | Director | 02 Apr 2009 | 17 Years 7 Months | Current |
Peer comparison
Common Wealth Inclusive Growth Foundation is compared with the 3 companies closest to it by revenue in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chair Finance and Investments Private Limited | ₹20.4 Lakh (FY 2019) | -29.0% | Indore, Madhya Pradesh, India | |||
| Common Wealth Inclusive Growth Foundationthis company | ₹20.39 Lakh (FY 2024) | -₹6.51 Lakh | -31.9% | -37.0% | Chennai, Tamil Nadu, India | |
| Savera Towers Private Limited | ₹20.39 Lakh (FY 2025) | 6.0% | Kolkata, West Bengal, India | |||
| Profile Systems Private Limited | ₹20.38 Lakh (FY 2025) | -65.0% | New Delhi, Delhi, India |
To see the full peer comparison of Common Wealth Inclusive Growth Foundation, buy the company report.
Auditor
Common Wealth Inclusive Growth Foundation is audited by Ramesh Subramaniam & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ramesh Subramaniam & Co | FY 2023 | 006596S |
Shareholding
The shareholding of Common Wealth Inclusive Growth Foundation 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 Common Wealth Inclusive Growth Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Common Wealth Inclusive Growth Foundation 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 Common Wealth Inclusive Growth Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Common Wealth Inclusive Growth Foundation has 1 active EPFO establishment as of Apr 05, 2024.
GST
Common Wealth Inclusive Growth Foundation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCC6834A1Z6 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Common Wealth Inclusive Growth Foundation, buy the company report.
Recent activity
Common Wealth Inclusive Growth Foundation has 7 board changes on record since 2009: 3 appointments and 4 cessations. The latest: Mohan Lal Kaul ceased to be Director on 25 Mar 2019.
Frequently asked questions
Common Wealth Inclusive Growth Foundation is an active private not for profit company based in Chennai, Tamil Nadu, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 02 April 2009 (17+ years old) and is registered under CIN U85190TN2009NPL071210.
Common Wealth Inclusive Growth Foundation has 3 current directors:
- Mahesh Ramachandran - Director
- Swaminathan Periaswamy - Director
- Suresh Thanjavur Ramachandran - Director
The latest financial statements of Common Wealth Inclusive Growth Foundation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Common Wealth Inclusive Growth Foundation is 33AADCC6834A1Z6, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Common Wealth Inclusive Growth Foundation is U85190TN2009NPL071210. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Common Wealth Inclusive Growth Foundation was incorporated on 02 April 2009, making it 17+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Common Wealth Inclusive Growth Foundation by revenue are Chair Finance and Investments Private Limited, Savera Towers Private Limited, Profile Systems Private Limited, all in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities).
Mohan Lal Kaul ceased to be Director on 25 Mar 2019. Mohanlal Viswanathan Nair ceased to be Director on 17 Jul 2018. Ramachandran Ramesh ceased to be Director on 14 Jan 2016. Common Wealth Inclusive Growth Foundation has 7 board changes on record in total.
Common Wealth Inclusive Growth Foundation can be reached through the website cigs.in. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Common Wealth Inclusive Growth Foundation is at No.27 Dr.Ambedkar Road Kodambakkam, Chennai, Tamil Nadu, India – 600024.
Common Wealth Inclusive Growth Foundation operates in the financial services industry, in the diversified financial services segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
