The Mayavaram Financial Chit Corporation .Limited - Company Profile

It is a financial services public limited company based in Chennai, Tamil Nadu, India, established in 1947.
1947 Chennai, Tamil Nadu, India Active
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About The Mayavaram Financial Chit Corporation .Limited

The Mayavaram Financial Chit Corporation .Limited, a active public limited company, was established on 26 November 1947 in Chennai, Tamil Nadu, India. Engaging in microfinance institutions within the financial and insurance service sector, it holds CIN: U65991TN1947PLC001646. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹0.50 M.

Formerly known as Mayavaram Financial Chit Corporation.Limited. It upholds a compliant status. Employing 89 professional, Its leadership includes Arunachalam (Managing Director), Annamalai Sathappan (Director), Ampa Palaniappan (Director). Past directors included Jeyachundhren Manoj Padmanaban, Srinivasan Sankaran, Thathachari. It holds ₹1.22 Cr open charges and ₹6.00 Cr settled loans. Its latest AGM occurred on 25 September 2025, with the balance sheet filed on 31 March 2025. It is based at No 108/1, G.N.Chetty Road, T. Nagar,, Chennai, Tamil Nadu, 600017.

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

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U65991TN1947PLC001646

  • Registration Number

    001646

  • Incorporation Date

    26 November 1947

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹0.50 M

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 0.50 M
  • Company Age 78 Year, 4 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 1.22 Cr
  • Satisfied Charges ₹ 6.00 Cr
  • Revenue Growth **** 25.92%
  • Profit Growth **** 24.22%
  • Ebitda **** 1.15%
  • Net Worth 4.10%
  • Total Assets **** 13.17%
Company report

The Mayavaram Financial Chit Corporation .Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into The Mayavaram Financial Chit Corporation .Limited — 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 The Mayavaram Financial Chit Corporation .Limited?
Current Directors
Name Designation Appointment Date Status
Arunachalam Managing Director 27 Jan 2021 Current
Annamalai Sathappan Director 27 Jan 2021 Current
Ampa Palaniappan Director 27 Jan 2021 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Ceo(Kmp) 30 Apr 2022 Past
Pramod Abcsdd Director 12 Jun 2017 Past
Pramod Abcsdd Director 29 Sep 2018 Past
Pramod Abcsdd Director 23 Jun 2007 Past
Pramod Abcsdd Whole-Time Director 29 Sep 2022 Past
Pramod Abcsdd Additional Director 24 Feb 2021 Past

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Financial Performance of The Mayavaram Financial Chit Corporation .Limited.

The Mayavaram Financial Chit Corporation .Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.92% increase. The company also saw a substantial improvement in profitability, with a 24.22% increase in profit. The company's net worth moved up by a moderate rise of 4.1%.

The Mayavaram Financial Chit Corporation .Limited revenue growth over time
The Mayavaram Financial Chit Corporation .Limited profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

  • 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
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25.92%
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Revenue from Operations
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25.92%
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Total Assets
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13.17%
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Profit or Loss
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24.22%
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Net Worth
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4.10%
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EBITDA
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1.15%
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*******

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What is the Ownership and Shareholding Structure of The Mayavaram Financial Chit Corporation .Limited?

In 2023, The Mayavaram Financial Chit Corporation .Limited had a promoter holding of 100.00%. 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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Charges (Loans)
Open Charges

₹12,191,000.00

Satisfied Charges

₹60,000,000.00

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 0.72 Cr
  • Others : 0.50 Cr
Latest Charge Details
Date Lender Amount Status
22 May 2025 Hdfc Bank Limited ₹7.19 M Open
16 Mar 2023 Others ₹5.00 M Open
23 Apr 2024 Others ₹2.00 Cr Satisfied
26 Dec 2023 Others ₹2.00 Cr Satisfied
27 Oct 2022 Others ₹2.00 Cr Satisfied

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How Many Employees Work at The Mayavaram Financial Chit Corporation .Limited?

The Mayavaram Financial Chit Corporation .Limited has a workforce of 89 employees as of Apr 02, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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 The Mayavaram Financial Chit Corporation .Limited, 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 The Mayavaram Financial Chit Corporation .Limited's trajectory.

Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on The Mayavaram Financial Chit Corporation .Limited
Recent Activity within the Organization
  • Annual General Meeting

    The Mayavaram Financial Chit Corporation .Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 0.72 Cr with Charge ID 101133220 was registered on 22 May 2025. was documented.

  • Charges

    A charge registered on 23 Apr 2024 via Charge ID 100919823 with Others was fully satisfied on 21 Apr 2025. was recorded as a recent event.

  • Balance Sheet

    Progress on The Mayavaram Financial Chit Corporation .Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai. was documented.

  • Charges

    The activity A charge registered on 26 Dec 2023 via Charge ID 100852277 with Others was fully satisfied on 26 Apr 2024. was completed.

  • Charges

    A charge registered on 27 Oct 2022 via Charge ID 100641307 with Others was fully satisfied on 26 Apr 2024. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of The Mayavaram Financial Chit Corporation .Limited?

The CIN of The Mayavaram Financial Chit Corporation .Limited is U65991TN1947PLC001646.

Where is The Mayavaram Financial Chit Corporation .Limited headquartered?

The Mayavaram Financial Chit Corporation .Limited is headquartered at No 108/1, G.N.Chetty Road, T. Nagar,, Chennai, Tamil Nadu, 600017.

When was The Mayavaram Financial Chit Corporation .Limited incorporated?

The Mayavaram Financial Chit Corporation .Limited was incorporated on 26 November 1947.

Who are the current directors of The Mayavaram Financial Chit Corporation .Limited?

The current directors of The Mayavaram Financial Chit Corporation .Limited are

What is the primary industry of The Mayavaram Financial Chit Corporation .Limited?

The primary industry of The Mayavaram Financial Chit Corporation .Limited is Financial And Insurance Service.

Is The Mayavaram Financial Chit Corporation .Limited a listed company?

The Mayavaram Financial Chit Corporation .Limited is unlisted.

What is the capital structure of The Mayavaram Financial Chit Corporation .Limited?

The authorized capital of The Mayavaram Financial Chit Corporation .Limited is ₹1.00 Cr, and the paid-up capital is ₹0.50 M.

What is the compliance status of The Mayavaram Financial Chit Corporation .Limited?

The compliance status of The Mayavaram Financial Chit Corporation .Limited is Compliant.

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