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Madurai Hindu Permanent Nidhi Limited - Company Profile

It is a financial services nidhi company based in Madurai, Tamil Nadu, India, established in 1918.

1918 | Madurai, Tamil Nadu, India | Active
Last Updated:

About Madurai Hindu Permanent Nidhi Limited

Madurai Hindu Permanent Nidhi Limited, a active nidhi company, was established on 22 January 1918 in Madurai, Tamil Nadu, India. Engaging in microfinance institutions within the financial and insurance service sector, it holds CIN: U65991TN1918PLC001601. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹6.09 M.

Formerly known as Madura Hindu Permanent Fund Limited. It upholds a compliant status. Employing 103 professional, Its leadership includes Sadagopan Jayakanthan (Director), Bommiah Chandragupthan (Director), Kathiresan Devaki (Director). Past directors included Sadagopan Jayakanthan, Srinivasan Sadagopan, Mallikarjunaraju Sundari. It holds no open charges and ₹4.00 Cr settled loans. Its latest AGM occurred on 23 September 2024, with the balance sheet filed on 31 March 2024. It is based at 51-52, West Tower St.,Madurai. Madurai., Madurai, Tamil Nadu, 625001.

Company Details

  • CIN/LLPIN

    U65991TN1918PLC001601

  • Registration Number

    001601

  • Incorporation Date

    22 January 1918

  • Authorized Capital

    ₹5.00 Cr

  • Paid-Up Capital

    ₹6.09 M

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 6.09 M
  • Company Age 107 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 4.00 Cr
  • Revenue Growth -9.12%
  • Profit Growth -70.63%
  • Ebitda -19.27%
  • Net Worth 1.30%
  • Total Assets -7.96%
Company report

Madurai Hindu Permanent Nidhi Limited

Company Report FY 2025-2026

Explore comprehensive insights into Madurai Hindu 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 Hindu Permanent Nidhi Limited?

Current Directors

NameDesignationAppointment DateStatus
Sadagopan JayakanthanDirector27 Sep 2023Current
Bommiah ChandragupthanDirector23 Sep 2024Current
Kathiresan DevakiDirector27 Sep 2023Current
Kannan TamilselviDirector27 Sep 2023Current
Ramasamy Raju GurusundarDirector23 Sep 2024Current
Rajarajan RajkumarDirector24 Sep 2025Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector25 Sep 2019Past
Pramod AbcsddDirector19 May 2009Past
Pramod AbcsddDirector29 Sep 2012Past
Pramod AbcsddDirector23 Nov 2016Past
Pramod AbcsddDirector-Past
Pramod AbcsddDirector26 Aug 2017Past

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Financial Performance of Madurai Hindu Permanent Nidhi.

Madurai Hindu Permanent Nidhi Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 9.12% decrease. The company also saw a substantial fall in profitability, with a 70.63% decrease in profit. The company's net worth moved up by a moderate rise of 1.3%.

Madurai Hindu Permanent Nidhi revenue growth over time
Madurai Hindu 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
-9.12%
Revenue from Operations
-9.90%
Total Assets
-7.96%
Profit or Loss
-70.63%
Net Worth
1.30%
EBITDA
-19.27%

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

In 2022, Madurai Hindu Permanent Nidhi had a public holding of 100.00%. 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

₹0

Satisfied Charges

₹40,000,000.00

Charges Breakdown by Lending Institutions

  • Others : 2.00 Cr
  • Bharat Overseas Bank Ltd. : 2.00 Cr

Latest Charge Details

DateLenderAmountStatus
12 Apr 2022Others₹2.00 CrSatisfied
20 Jun 2006Bharat Overseas Bank Ltd.₹2.00 CrSatisfied

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How Many Employees Work at Madurai Hindu Permanent Nidhi?

Madurai Hindu Permanent Nidhi has a workforce of 103 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Madurai Hindu Permanent Nidhi Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Madurai Hindu 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 Hindu 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

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Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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

Recent Activity within the Organization

  • Director Appointment

    Progress on Rajarajan Rajkumar was appointed as a Director was appointed as a Director on 24 Sep 2025 & has been associated with this company since 2 months 9 days . was documented.

  • Director Appointment

    Progress on Ramesh Maheswari was appointed as a Director was appointed as a Director on 24 Sep 2025 & has been associated with this company since 2 months 9 days . was documented.

  • Annual General Meeting

    Progress on Madurai Hindu Permanent Nidhi Limited last Annual general meeting of members was held on 23 Sep 2024 as per latest MCA records. was documented.

  • Director Appointment

    Bommiah Chandragupthan was appointed as a Director was appointed as a Director on 23 Sep 2024 & has been associated with this company since 1 year 2 months . was recorded as a recent event.

  • Director Appointment

    The activity Ramasamy Raju Gurusundar was appointed as a Director was appointed as a Director on 23 Sep 2024 & has been associated with this company since 1 year 2 months . was completed.

  • Charges

    The activity A charge registered on 12 Apr 2022 via Charge ID 100575550 with Others was fully satisfied on 28 Jun 2024. was completed.

Frequently Asked Questions

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

    The CIN of Madurai Hindu Permanent Nidhi Limited is U65991TN1918PLC001601.

  • Where is Madurai Hindu Permanent Nidhi Limited headquartered?

    Madurai Hindu Permanent Nidhi Limited is headquartered at 51-52, West Tower St.,Madurai. Madurai., Madurai, Tamil Nadu, 625001.

  • When was Madurai Hindu Permanent Nidhi Limited incorporated?

    Madurai Hindu Permanent Nidhi Limited was incorporated on 22 January 1918.

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

    The current directors of Madurai Hindu Permanent Nidhi Limited are

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

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

  • Is Madurai Hindu Permanent Nidhi Limited a listed company?

    Madurai Hindu Permanent Nidhi Limited is unlisted.

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

    The authorized capital of Madurai Hindu Permanent Nidhi Limited is ₹5.00 Cr, and the paid-up capital is ₹6.09 M.

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

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

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