The Mayavaram Financial Chit Corporation .Limited Company Logo

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
Last Updated:

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 2024. It is based at No 108/1, G.N.Chetty Road, T. Nagar,, Chennai, Tamil Nadu, 600017.

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 Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 0.50 M
  • Company Age 78 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • 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

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

NameDesignationAppointment DateStatus
ArunachalamManaging Director27 Jan 2021Current
Annamalai SathappanDirector27 Jan 2021Current
Ampa PalaniappanDirector27 Jan 2021Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddCeo(Kmp)30 Apr 2022Past
Pramod AbcsddDirector12 Jun 2017Past
Pramod AbcsddDirector29 Sep 2018Past
Pramod AbcsddDirector23 Jun 2007Past
Pramod AbcsddWhole-Time Director29 Sep 2022Past
Pramod AbcsddAdditional Director24 Feb 2021Past

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

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.

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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

DateLenderAmountStatus
22 May 2025Hdfc Bank Limited₹7.19 MOpen
16 Mar 2023Others₹5.00 MOpen
23 Apr 2024Others₹2.00 CrSatisfied
26 Dec 2023Others₹2.00 CrSatisfied
27 Oct 2022Others₹2.00 CrSatisfied

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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 growth trends for The Mayavaram Financial Chit Corporation .Limited

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

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Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

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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

    A charge with Hdfc Bank Limited amounted to Rs. 0.72 Cr with Charge ID 101133220 was registered on 22 May 2025. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 23 Apr 2024 via Charge ID 100919823 with Others was fully satisfied on 21 Apr 2025. was documented.

  • Charges

    A charge registered on 26 Dec 2023 via Charge ID 100852277 with Others was fully satisfied on 26 Apr 2024. was recorded as a recent event.

  • Charges

    The activity A charge registered on 27 Oct 2022 via Charge ID 100641307 with Others was fully satisfied on 26 Apr 2024. was completed.

  • Charges

    Progress on A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100919823 was registered on 23 Apr 2024. was documented.

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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