About
Basic Data Updated:
24 days agoIncorporated in 2012, Palmyrah Micro Finance is a company that is dedicated to providing financial services to the rural, semi-urban, and urban areas of Tamil Nadu. The business of microfinance activities is the core focus of the company, with the aim of empowering individuals and communities through access to financial resources. The registered office of the company is situated in the bustling city of Madurai, in the state of Tamil Nadu. With a strong commitment to serving the underprivileged and marginalized sections of society, Palmyrah Micro Finance has become a trusted name in the microfinance industry. Its services have helped countless individuals and families to improve their standard of living and achieve financial stability. The company's presence in various regions of Tamil Nadu has made it a vital contributor to the economic growth and development of the state. Through its efficient and transparent operations, Palmyrah Micro Finance continues to make a positive impact on the lives of people, one loan at a time.
Industry
Company Details
- Location
Madurai, Tamil Nadu, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
| CIN/LLPIN/FCRN | U93000TN2012NPL086868 |
| Company No. | 086868 |
| Company Classification | Public Not For Profit Company |
| Incorporation Date | 20 Jul 2012 |
| Date of AGM | 13 Aug 2023 |
| Date of Balance Sheet | 31 Mar 2023 |
| Listing Status | Unlisted |
| ROC Code | Roc Chennai |
Financials of Palmyrah Micro Finance
Palmyrah Micro Finance, for the financial year ended 2022, experienced significant growth in revenue, with a 70.37% increase. The company also saw a substantial improvement in profitability, with a 273.79% increase in profit. The company's net worth Soared by an impressive increase of 23.66%.
Corporate Structure
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People in Palmyrah Micro Finance
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Executive Team (1)
RP
Ramasamy Parthiban
Managing DirectorAppointment Date: 19-Sep-2016
Status: Current
Board Members(193)
Charges (Loans)
There are no open charges registered against the company as per our records.
Deals i
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Rating
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Alert
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Recent activity within the organization
Annual General Meeting
Palmyrah Micro Finance last Annual general meeting of members was held on 13 Aug 2023 as per latest MCA records.
13 Aug 2023Balance Sheet
Palmyrah Micro Finance has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
31 Mar 2023Director Appointment
Raju Anbalagan was appointed as a Director was appointed as a Director on 08 Dec 2021 & has been associated with this company since 2 years 5 months .
08 Dec 2021Director Appointment
Marimuthu Mareeswaran was appointed as a Director was appointed as a Director on 03 Nov 2020 & has been associated with this company since 3 years 6 months .
03 Nov 2020Director Appointment
Surendrakumar Amarsigapanidiyan was appointed as a Director was appointed as a Director on 21 Nov 2019 & has been associated with this company since 4 years 5 months .
21 Nov 2019
Frequently asked questions
What is the Incorporation or founding date of Palmyrah Micro Finance?
