It is a financial services public not for profit company based in Madurai South, Tamil Nadu, India, established in 2012.
2012 | Madurai South, Tamil Nadu, India | ActivePalmyrah Micro Finance, a active public not for profit company, was established on 20 July 2012 in Madurai South, Tamil Nadu, India. Engaging in microfinance institutions within the financial and insurance service sector, it holds CIN: U93000TN2012NPL086868. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹3.50 Cr and a paid-up capital of ₹3.07 Cr.
It upholds a compliant status. Its leadership includes Ayyappannadar Dhamodharan (Director), Murugesapandian (Director), Mookaiah Nadar Subramanian (Director). Past directors included Mariyappan Aasai Thambi, Ganapathy Karikkolraj, Patchaimal Periyathambi Nadar. Its latest AGM occurred on 28 July 2024, with the balance sheet filed on 31 March 2024. It is based at No 4, Ramachandrapuram 1St Street, Mahalipatti, Madurai South, Tamil Nadu, 625001.
U93000TN2012NPL086868
086868
20 July 2012
₹3.50 Cr
₹3.07 Cr
Roc Chennai
Unlisted
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ayyappannadar Dhamodharan | Director | 31 Mar 2017 | Current |
| Murugesapandian | Director | 31 Mar 2017 | Current |
| Mookaiah Nadar Subramanian | Director | 31 Mar 2017 | Current |
| Anandhappan Issac Aravind | Director | 17 Aug 2017 | Current |
| Paulnadar Thangapandi Janakiraman | Director | 29 Jul 2019 | Current |
| Patchaimal Periyathambi Nadar | Director | 31 Mar 2017 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Director | 30 Apr 2021 | Past |
| Pramod Abcsdd | Director | 27 Mar 2019 | Past |
| Pramod Abcsdd | Managing Director | 29 Nov 2016 | Past |
| Pramod Abcsdd | Managing Director | 30 Dec 2021 | Past |
| Pramod Abcsdd | Director | 07 May 2025 | Past |
| Pramod Abcsdd | Director | 07 May 2025 | Past |
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Palmyrah Micro Finance, for the financial year ended 2023, experienced significant growth in revenue, with a 25.32% increase. The company also saw a substantial improvement in profitability, with a 537.25% increase in profit. The company's net worth Soared by an impressive increase of 13.35%.
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In 2023, Palmyrah Micro Finance had a promoter holding of 88.76% and a public holding of 11.24%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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There are no open charges registered against the company as per our records.
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The activity Thangaraj Ravikumar was appointed as a Director was appointed as a Director on 04 Oct 2024 & has been associated with this company since 1 year 2 months . was completed.
Progress on Palmyrah Micro Finance last Annual general meeting of members was held on 28 Jul 2024 as per latest MCA records. was documented.
Patchimal Sivaram was appointed as a Director was appointed as a Director on 14 Apr 2024 & has been associated with this company since 1 year 8 months . was recorded as a recent event.
Ramaiah Mohanadoss Pandian was appointed as a Director was appointed as a Director on 14 Apr 2024 & has been associated with this company since 1 year 8 months . was recorded as a recent event.
Palmyrah Micro Finance has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was recorded as a recent event.
Saravana Pandiyan was appointed as a Director was appointed as a Director on 09 Oct 2023 & has been associated with this company since 2 years 2 months . was recorded as a recent event.
The CIN of Palmyrah Micro Finance is U93000TN2012NPL086868.
Palmyrah Micro Finance is headquartered at No 4, Ramachandrapuram 1St Street, Mahalipatti, Madurai South, Tamil Nadu, 625001.
Palmyrah Micro Finance was incorporated on 20 July 2012.
The current directors of Palmyrah Micro Finance are
The primary industry of Palmyrah Micro Finance is Financial And Insurance Service.
Palmyrah Micro Finance is unlisted.
The authorized capital of Palmyrah Micro Finance is ₹3.50 Cr, and the paid-up capital is ₹3.07 Cr.
The compliance status of Palmyrah Micro Finance is Compliant.
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