Moolchand Finance Limited.
About Moolchand Finance Limited.
Data last updated:
Moolchand Finance Limited. is a public limited company based in Sriperumbudur, Tamil Nadu, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 22 October 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65191TN1986PLC013594. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹7.5 Cr. It is led by directors including Nagappan Murugappan and Sandhya Pradeep Kothari.
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 Sriperumbudur, Tamil Nadu.
As per the financials filed for FY 2020, the company reported a revenue of ₹24.02 Lakh. For the same year it recorded a net loss of ₹69,772 (net margin -2.9%) and EBITDA of -₹71,822 (EBITDA margin -3%). Revenue has grown at a compounded annual rate (CAGR) of 737% over three years.
As per MCA filings, the company has open charges of ₹4.02 Cr and satisfied charges of ₹9 Cr on record. Court records list 40 cases involving the company, including 3 filed by the company and 37 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Moolchand Finance Limited has one previous CIN (Corporate Identification Number): U65191TN1998PLC013594. The current CIN is U65191TN1986PLC013594, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65191TN1986PLC013594 | Current |
| U65191TN1998PLC013594 | Previous |
Contact details
Moolchand Finance Limited.'s registered office is in Sriperumbudur, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressP.No.123/D 2nd Main Road, Sabari Nagar Mugalivakkam, Sriperumbudur, Tamil Nadu, India – 600116
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Moolchand Finance Limited., 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 Moolchand Finance Limited 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 |
Financials of Moolchand Finance Limited.
FY 2024 filings availableMoolchand Finance Limited. reported revenue of ₹24.02 Lakh for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 737% over three years. 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹24.02 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹71,822 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹69,772 | ||||
| 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3% | ||||
| Net Profit Margin | -2.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Moolchand Finance Limited., buy the company report.
Board of directors of Moolchand Finance Limited.
Moolchand Finance Limited has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nagappan Murugappan | Director | 01 Feb 2022 | 4 Years 8 Months | Current |
| Sandhya Pradeep Kothari Also directs: Prasan Farms Private Limited, KDH Investments Private Limited, KGN Fitness & Developers Private Limited and 1 more | Director | 10 Aug 2016 | 10 Years 2 Months | Current |
| Srinivasan Ramanathan | Director | 17 May 2023 | 3 Years 5 Months | Current |
Auditor
Moolchand Finance Limited. is audited by P JAYARAMAN & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P JAYARAMAN & CO | FY 2018 | 001312S |
Shareholding
The shareholding of Moolchand Finance Limited. is on record for FY 2018, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2018 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Moolchand Finance Limited., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 1996 | 90320557 | Global Trust Bank Ltd. | ₹4 Cr | Open | |
| 16 Aug 1988 | 90318967 | Central Bank of India | ₹1.6 Lakh | Open | |
| 07 Aug 1987 | 90318734 | Central Bank of India | ₹78,000 | Open | |
| 22 Dec 1994 | 90320292 | Tamilnad Mercantile Bank Ltd. | ₹4 Cr | Satisfied | |
| 14 Dec 1994 | 90320290 | Tamilnad Mercantile Bank Ltd. | ₹5 Cr | Satisfied |
To see the full charge records of Moolchand Finance Limited., buy the company report.
Total charge records: 5 View all charges
Legal cases
Moolchand Finance Limited. has 40 court cases on record: 3 filed by Moolchand Finance Limited, 37 filed against it. 4 cases are pending and 36 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 39 | 36 | 4 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 40)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by M/S.Alwarpet Benefit Fund Ltd., | Pending |
| High Court, TAMIL NADU | Civil suit | Filed against the company by Sumi Supertech Private Limited M/S.Govind Chandrasekhar, Sharath Chandran,Shyam Gopal and 1 other | Pending |
| High Court, TAMIL NADU | Court case (WPMP) | Filed against the company by M/S.Alwarpet Benefit Fund Ltd. | Pending |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by M/S.Alwarpet Benefit Fund Ltd., | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by M/S.Tamilnad Mercantile Bank Ltd | Disposed |
To see the full case history of Moolchand Finance Limited., buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Moolchand Finance Limited.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Moolchand Finance Limited has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Moolchand Finance Limited., buy the company report.
Recent activity
Moolchand Finance Limited. has 15 board changes on record since 2006: 3 appointments and 12 cessations. The latest: Srinivasan Ramanathan ceased to be Additional Director on 29 Sep 2023.
16 earlier events are in the company report.
Frequently asked questions
Moolchand Finance Limited is an active public limited company based in Sriperumbudur, Tamil Nadu, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 22 October 1986 (40+ years old) and is registered under CIN U65191TN1986PLC013594.
Moolchand Finance Limited has 3 current directors:
- Nagappan Murugappan - Director
- Sandhya Pradeep Kothari - Director
- Srinivasan Ramanathan - Director
The latest financial statements of Moolchand Finance Limited 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 2015 are in the company report.
No. Moolchand Finance Limited has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Moolchand Finance Limited is U65191TN1986PLC013594. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Moolchand Finance Limited has 40 court cases on record: 3 filed by the company and 37 filed against it. 4 are pending. Most are in the high courts.
Moolchand Finance Limited was incorporated on 22 October 1986, making it 40+ years old. It is registered with the Registrar of Companies, Chennai.
Srinivasan Ramanathan ceased to be Additional Director on 29 Sep 2023. Srinivasan Ramanathan was appointed as Director on 17 May 2023. Nagappan Murugappan was appointed as Director on 01 Feb 2022. Moolchand Finance Limited has 15 board changes on record in total.
The registered office of Moolchand Finance Limited is at P.No.123D 2nd Main Road, Sabari Nagar Mugalivakkam, Sriperumbudur, Tamil Nadu, India – 600116.
Moolchand Finance Limited operates in the financial services industry, in the diversified financial services segment.