Palmyrah Micro Finance - Company Profile

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 Active
Last Updated:
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About Palmyrah Micro Finance

Palmyrah 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 21 September 2025, with the balance sheet filed on 31 March 2025. It is based at No 4, Ramachandrapuram 1St Street, Mahalipatti, Madurai South, Tamil Nadu, 625001.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U93000TN2012NPL086868

  • Registration Number

    086868

  • Incorporation Date

    20 July 2012

  • Authorized Capital

    ₹3.50 Cr

  • Paid-Up Capital

    ₹3.07 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 3.50 Cr
  • Paid Up Capital ₹ 3.07 Cr
  • Company Age 13 Year, 6 Months
  • Last Filing with ROC 31 Mar 2025
  • Revenue Growth **** 25.32%
  • Profit Growth **** 537.25%
  • Ebitda **** 59.55%
  • Net Worth 13.35%
  • Total Assets **** 7.69%
Company report

Palmyrah Micro Finance

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Palmyrah Micro Finance — 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 Palmyrah Micro Finance?
Current Directors
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
Past Directors
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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Financial Performance of Palmyrah Micro Finance.

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%.

Palmyrah Micro Finance revenue growth over time
Palmyrah Micro Finance profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
********
 25.32%
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*******
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Revenue from Operations
*******
 25.32%
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*******
*******
Total Assets
*******
 7.69%
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*******
*******
*******
Profit or Loss
*******
 537.25%
*******
*******
*******
*******
Net Worth
*******
 13.35%
*******
*******
*******
*******
EBITDA
*******
 59.55%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Palmyrah Micro Finance?

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.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Palmyrah Micro Finance?

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

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Palmyrah Micro Finance, 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 Palmyrah Micro Finance's trajectory.

Rating
Graph displaying rating trends over time

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Alerts
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Latest Updates, News, and FAQs on Palmyrah Micro Finance
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Palmyrah Micro Finance last Annual general meeting of members was held on 21 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    Palmyrah Micro Finance has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai. was recorded as a recent event.

  • Director Appointment

    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 4 months . was recorded as a recent event.

  • Director Appointment

    The activity 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 9 months . was completed.

  • Director Appointment

    The activity 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 9 months . was completed.

  • Director Appointment

    The activity 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 4 months . was completed.

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Frequently Asked Questions
What is the CIN of Palmyrah Micro Finance?

The CIN of Palmyrah Micro Finance is U93000TN2012NPL086868.

Where is Palmyrah Micro Finance headquartered?

Palmyrah Micro Finance is headquartered at No 4, Ramachandrapuram 1St Street, Mahalipatti, Madurai South, Tamil Nadu, 625001.

When was Palmyrah Micro Finance incorporated?

Palmyrah Micro Finance was incorporated on 20 July 2012.

Who are the current directors of Palmyrah Micro Finance?

The current directors of Palmyrah Micro Finance are

What is the primary industry of Palmyrah Micro Finance?

The primary industry of Palmyrah Micro Finance is Financial And Insurance Service.

Is Palmyrah Micro Finance a listed company?

Palmyrah Micro Finance is unlisted.

What is the capital structure of Palmyrah Micro Finance?

The authorized capital of Palmyrah Micro Finance is ₹3.50 Cr, and the paid-up capital is ₹3.07 Cr.

What is the compliance status of Palmyrah Micro Finance?

The compliance status of Palmyrah Micro Finance is Compliant.

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