Shalom Microfinance Limited
About Shalom Microfinance Limited
Data last updated:
Shalom Microfinance Limited is a public limited company based in Chennai, Tamil Nadu, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 15 July 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65993TN1994PLC028100.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹13 Cr. It was formerly known as Parkland Finance and Investments Limited. It is led by directors including Jayson Joy Manthottathil Joyvarghese (Managing Director) and Velandy Saraswathi.
Its last annual general meeting (AGM) was held on 28 September 2013, and its latest financial statements are for the year ended 31 March 2013. The registered office is at 2/2 Pillaiyaar Kovil Street T.Nagar Chennai., Tamil Nadu, India – 600017.
As per MCA filings, the company has open charges of ₹170 Cr and satisfied charges of ₹22 Cr on record. Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it; 1 case is pending. The company has 9 deals on record (5 funding rounds, 4 secondary share transfers), with disclosed funding of ₹12.68 Cr; the latest was in February 2012.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Shalom Microfinance has one previous CIN (Corporate Identification Number): U65933TN1994PLC028100. The current CIN is U65993TN1994PLC028100, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65993TN1994PLC028100 | Current |
| U65933TN1994PLC028100 | Previous |
Contact details
Shalom Microfinance Limited's registered office is in Chennai, Tamil Nadu.
- Registered Address2/2 Pillaiyaar Kovil Street T.Nagar Chennai., Tamil Nadu, India – 600017
- IndustryFinancial Services, Microfinance Institutions
- 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
Financials of Shalom Microfinance Limited
FY 2013 filings availableFinancial Statement Summary
| Metrics | FY 2012-13 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | |
| 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 2012-13 |
|---|---|
| Profitability | |
| EBITDA Margin | |
| Net Profit Margin | |
| Return on Equity (ROE) | |
| Return on Capital Employed (ROCE) | |
| Return on Assets (ROA) | |
| Liquidity and Debt | |
| Current Ratio | |
| Quick Ratio | |
| Debt-to-Equity Ratio | |
| Interest Coverage Ratio | |
| 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 Shalom Microfinance Limited, buy the company report.
Board of directors of Shalom Microfinance Limited
Shalom Microfinance has 4 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Velandy Saraswathi | Additional Director | 30 Dec 2011 | 14 Years 10 Months | Current |
| Sivadas Chettoor | Additional Director | 11 Feb 2008 | 18 Years 8 Months | Current |
| Emmanuel Vijayanand Murray Also directs: Chetna Organic Agriculture Producer Comp Any Limited, Trimaz Machines Limited, Modish Tractoraurkisan Private Limited and 4 more | Nominee Director | 10 Jan 2013 | 13 Years 9 Months | Current |
| Jayson Joy Manthottathil Joyvarghese Also directs: Shalom Interiors Private Limited | Managing Director | 28 Dec 2006 | 19 Years 10 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Mar 2013 | 10418624 | Unni Chukkath Thomas | ₹100 Cr | Open | |
| 14 Jan 2013 | 10408132 | Unni Chunkath Thomas | ₹8.85 Lakh | Open | |
| 31 Dec 2012 | 10401395 | Union Bank of India | ₹29.91 Lakh | Open | |
| 31 Dec 2012 | 10401398 | Union Bank of India | ₹21.99 Lakh | Open | |
| 31 Dec 2012 | 10401399 | Union Bank of India | ₹1.72 Cr | Open |
To see the full charge records of Shalom Microfinance Limited, buy the company report.
Total charge records: 34 View all charges
Deals & funding
Shalom Microfinance Limited has 9 deals on record (5 funding rounds, 4 secondary share transfers), with disclosed funding of ₹12.68 Cr; the latest was in February 2012.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2012 | Funding round | ₹3 Cr | Investors: Maanaveeya Development & Finance Private Limited |
| Apr 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Dia Vikas Capital Private Limited |
| Feb 2010 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Shalom Interiors Private Limited |
| Sep 2008 | Funding round | ₹93.6 Lakh | Investors: Dia Vikas Capital Private Limited , Shalom Interiors Private Limited |
| Mar 2008 | Funding round | ₹39.6 Lakh | Investors: Shalom Interiors Private Limited , 3 individuals |
To see the full deal history of Shalom Microfinance Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Shalom Microfinance Limited has 6 court cases on record: 5 filed by Shalom Microfinance, 1 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 1 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Palakkad, Kerala | Court case (LP) | Filed by the company against an individual | Pending |
| High Court of Kerala | Court case (Crl.MC) | Filed by the company against an individual | Disposed |
| High Court of Kerala | Court case (OP (DRT)) | Filed against the company | Disposed |
| District court, Palakkad, Kerala | Criminal case | Filed by the company against an individual | Disposed |
| District court, Palakkad, Kerala | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Shalom Microfinance 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 Shalom Microfinance Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Shalom Microfinance Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Shalom Microfinance Limited has 16 board changes on record since 2006: 4 appointments and 12 cessations. The latest: Emmanuel Vijayanand Murray ceased to be Nominee Director on 30 Nov 2014.
55 earlier events are in the company report.
Frequently asked questions
Shalom Microfinance is an active public limited company based in Chennai, Tamil Nadu, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 15 July 1994 (32+ years old) and is registered under CIN U65993TN1994PLC028100.
Shalom Microfinance has 4 current directors:
- Jayson Joy Manthottathil Joyvarghese - Managing Director
- Velandy Saraswathi - Additional Director
- Sivadas Chettoor - Additional Director
- Emmanuel Vijayanand Murray - Nominee Director
The latest financial statements of Shalom Microfinance on record with the MCA are for the year ended 31 March 2013. Its last annual general meeting was held on 28 September 2013. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Shalom Microfinance is U65993TN1994PLC028100. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shalom Microfinance has 6 court cases on record: 5 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Shalom Microfinance was incorporated on 15 July 1994, making it 32+ years old. It is registered with the Registrar of Companies, Chennai.
Shalom Microfinance has 9 deals on record (5 funding rounds, 4 secondary share transfers), with disclosed funding of ₹12.68 Cr; the latest was in February 2012.
Emmanuel Vijayanand Murray ceased to be Nominee Director on 30 Nov 2014. Sivadas Chettoor ceased to be Additional Director on 01 Jan 2014. Sivasankaran Kannan ceased to be Additional Director on 14 Dec 2013. Shalom Microfinance has 16 board changes on record in total.
The registered office of Shalom Microfinance is at 22 Pillaiyaar Kovil Street T.Nagar Chennai., Tamil Nadu, India – 600017.
Shalom Microfinance operates in the financial services industry, in the microfinance institutions segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
