Madurai City Permanent Nidhi Limited Company Logo

Madurai City Permanent Nidhi Limited - Company Profile

It is a financial services nidhi company based in Madurail625 001., Tamil Nadu, India, established in 1994.

1994 | Madurail625 001., Tamil Nadu, India | Active
Last Updated:

About Madurai City Permanent Nidhi Limited

Madurai City Permanent Nidhi Limited, a active nidhi company, was established on 28 October 1994 in Madurail625 001., Tamil Nadu, India. Engaging in diversified financial services within the financial and insurance service sector, it holds CIN: U65991TN1994PLC029088. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹2.00 Cr and a paid-up capital of ₹4.04 M.

Formerly known as Madurai City Permanent Nidhi Limited, Madurai City Permanent Fund Limited. It upholds a compliant status. Its leadership includes Dharmar Kannan (Managing Director), Mariappan (Director), Nagaraj (Additional Director). Past directors included Shanthi, Anbu Saravanan, Ragavan Srinivasan. It holds ₹4.32 Cr open charges and ₹1.50 M settled loans. Its latest AGM occurred on 25 September 2025, with the balance sheet filed on 31 March 2025. It is based at 71,North Veli Street(Near V.O.C.Statur) Simmakkal, Madurail625 001., Tamil Nadu, 625001.

Company Details

  • CIN/LLPIN

    U65991TN1994PLC029088

  • Registration Number

    029088

  • Incorporation Date

    28 October 1994

  • Authorized Capital

    ₹2.00 Cr

  • Paid-Up Capital

    ₹4.04 M

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 4.04 M
  • Company Age 31 Year, 1 Month
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 4.32 Cr
  • Satisfied Charges ₹ 1.50 M
  • Revenue Growth -2.56%
  • Ebitda 12.40%
  • Net Worth 2.51%
  • Total Assets 10.71%
Company report

Madurai City Permanent Nidhi Limited

Company Report FY 2025-2026

Explore comprehensive insights into Madurai City Permanent Nidhi 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 Madurai City Permanent Nidhi Limited?

Current Directors

NameDesignationAppointment DateStatus
Dharmar KannanManaging Director07 Nov 2020Current
MariappanDirector26 Nov 2016Current
NagarajAdditional Director14 Jun 2025Current
Dharmar SundarAdditional Director28 Sep 2024Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector17 Oct 2020Past
Pramod AbcsddAdditional Director-Past
Pramod AbcsddAdditional Director29 Jun 2016Past
Pramod AbcsddDirector15 Apr 2019Past
Pramod AbcsddDirector-Past
Pramod AbcsddDirector03 Apr 2010Past

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Financial Performance of Madurai City Permanent Nidhi.

Madurai City Permanent Nidhi Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 2.56% decrease. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth moved up by a moderate rise of 2.51%.

Madurai City Permanent Nidhi revenue growth over time
Madurai City Permanent Nidhi 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
-2.56%
Revenue from Operations
7.48%
Total Assets
10.71%
Profit or Loss
Net Worth
2.51%
EBITDA
12.40%

What is the Ownership and Shareholding Structure of Madurai City Permanent Nidhi?

In 2022, Madurai City Permanent Nidhi had a promoter holding of 41.83% and a public holding of 58.17%. 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

₹43,180,000.00

Satisfied Charges

₹1,500,000.00

Charges Breakdown by Lending Institutions

  • City Union Bank Limited : 3.13 Cr
  • Others : 0.60 Cr
  • Punjab National Bank : 0.59 Cr

Latest Charge Details

DateLenderAmountStatus
15 Jun 2024City Union Bank Limited₹1.22 CrOpen
15 Jun 2024City Union Bank Limited₹9.60 MOpen
16 Mar 2022City Union Bank Limited₹9.50 MOpen
01 Jul 2011Punjab National Bank₹5.88 MOpen
29 Sep 2005Others₹6.00 MOpen

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How Many Employees Work at Madurai City Permanent Nidhi?

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

Employee growth trends for Madurai City Permanent Nidhi Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Madurai City Permanent Nidhi, 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 Madurai City Permanent Nidhi'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

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Latest Updates, News, and FAQs on Madurai City Permanent Nidhi

Recent Activity within the Organization

  • Annual General Meeting

    Madurai City Permanent Nidhi Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Charges

    A charge registered on 09 Dec 2014 via Charge ID 10544863 with Punjab National Bank was fully satisfied on 16 Jul 2025. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 11 Jan 2010 via Charge ID 10201699 with Punjab National Bank was fully satisfied on 16 Jul 2025. was documented.

  • Director Appointment

    The activity Nagaraj was appointed as a Additional Director was appointed as a Additional Director on 14 Jun 2025 & has been associated with this company since 6 months 5 days . was completed.

  • Balance Sheet

    The activity Madurai City Permanent Nidhi Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai. was completed.

  • Director Appointment

    Progress on Dharmar Sundar was appointed as a Additional Director was appointed as a Additional Director on 28 Sep 2024 & has been associated with this company since 1 year 2 months . was documented.

Frequently Asked Questions

  • What is the CIN of Madurai City Permanent Nidhi Limited?

    The CIN of Madurai City Permanent Nidhi Limited is U65991TN1994PLC029088.

  • Where is Madurai City Permanent Nidhi Limited headquartered?

    Madurai City Permanent Nidhi Limited is headquartered at 71,North Veli Street(Near V.O.C.Statur) Simmakkal, Madurail625 001., Tamil Nadu, 625001.

  • When was Madurai City Permanent Nidhi Limited incorporated?

    Madurai City Permanent Nidhi Limited was incorporated on 28 October 1994.

  • Who are the current directors of Madurai City Permanent Nidhi Limited?

    The current directors of Madurai City Permanent Nidhi Limited are

  • What is the primary industry of Madurai City Permanent Nidhi Limited?

    The primary industry of Madurai City Permanent Nidhi Limited is Financial And Insurance Service.

  • Is Madurai City Permanent Nidhi Limited a listed company?

    Madurai City Permanent Nidhi Limited is unlisted.

  • What is the capital structure of Madurai City Permanent Nidhi Limited?

    The authorized capital of Madurai City Permanent Nidhi Limited is ₹2.00 Cr, and the paid-up capital is ₹4.04 M.

  • What is the compliance status of Madurai City Permanent Nidhi Limited?

    The compliance status of Madurai City Permanent Nidhi Limited is Compliant.

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