
Vajra Benefit Fund Limited
About Vajra Benefit Fund Limited
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Vajra Benefit Fund Limited is a public limited company based in Kaveripattinam, Tamil Nadu, India. It operates in the gold loan NBFC segment of the financial services sector. It was incorporated on 03 October 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65900TZ2013PLC019899.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Tanisha Benefit Fund Limited and Indu Benefit Fundss India Limited. It is led by directors including Indumathi Balakrishnan and Moranahalli Venkatachelam Prakash.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 37A Subashchandra Bose Street Kaveripattinam, Tamil Nadu, India – 635112.
As per the financials filed for FY 2019, the company reported a revenue of ₹32.93 Lakh, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹1.32 Lakh (net margin 4%) and EBITDA of ₹17.23 Lakh (EBITDA margin 52.3%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 69% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Vajra Benefit Fund has undergone 2 name changes throughout its history. The company was previously known as Tanisha Benefit Fund Limited, and Indu Benefit Fundss India Limited. The current legal name is Vajra Benefit Fund Limited.
| Company Name | Status |
|---|---|
| Vajra Benefit Fund Limited | Current |
| Tanisha Benefit Fund Limited | Previous |
| Indu Benefit Fundss India Limited | Previous |
Contact details
Vajra Benefit Fund Limited's registered office is in Kaveripattinam, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address37A Subashchandra Bose Street Kaveripattinam, Tamil Nadu, India – 635112
- IndustryFinancial Services, Gold Loan NBFC
To see the full contact details of Vajra Benefit Fund Limited, buy the company report.
- 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
Business activity
The main business activity of Vajra Benefit Fund is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Vajra Benefit Fund Limited, buy the company report.
Financials of Vajra Benefit Fund Limited
FY 2019 filings availableVajra Benefit Fund Limited reported revenue of ₹32.93 Lakh (up 28% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 69% over five years, including 28% growth in the latest year. EBITDA rose 16% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹32.93 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹17.23 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.32 Lakh | ||||
| 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 52.3% | ||||
| Net Profit Margin | 4% | ||||
| 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 Vajra Benefit Fund Limited, buy the company report.
Board of directors of Vajra Benefit Fund Limited
Vajra Benefit Fund has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Indumathi Balakrishnan Also directs: Abirami Chits Private Limited | Director | 03 Oct 2013 | 13 Years 1 Months | Current |
| Moranahalli Venkatachelam Prakash Also directs: Abirami Chits Private Limited | Director | 03 Oct 2013 | 13 Years 1 Months | Current |
| Thimarayagounder Venkatachalam Also directs: Abirami Chits Private Limited | Director | 03 Oct 2013 | 13 Years 1 Months | Current |
Peer comparison
Vajra Benefit Fund Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Gold NBFCs), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rajapalayam Benefit Nidhi Limited | ₹1.17 Cr (FY 2025) | 13.0% | Rajapalayam, Tamil Nadu, India | |||
| Ruptok Fintech Private Limited | ₹76.56 Lakh (FY 2025) | -81.0% | New Delhi, Delhi, India | |||
| Mahe Royal Travancore Nidhi Limited | ₹38.22 Lakh (FY 2022) | 28752.0% | Mahe, Puducherry, India | |||
| Vajra Benefit Fund Limitedthis company | ₹32.93 Lakh (FY 2019) | ₹1.32 Lakh | 4% | 28.0% | Kaveripattinam, Tamil Nadu, India | |
| Muthoot Gold Nidhi Limited | ₹4.02 Lakh (FY 2025) | 14.0% | Kalkulam, Tamil Nadu, India |
To see the full peer comparison of Vajra Benefit Fund Limited, buy the company report.
Auditor
Vajra Benefit Fund Limited is audited by MURALIDHARAN & MANOGARAN for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MURALIDHARAN & MANOGARAN | FY 2019 | 008413S |
Shareholding
The shareholding of Vajra Benefit Fund Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Vajra Benefit Fund Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vajra Benefit Fund Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vajra Benefit Fund 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 Vajra Benefit Fund Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Vajra Benefit Fund Limited has 3 board changes on record since 2013: 3 appointments. The latest: Indumathi Balakrishnan was appointed as Director on 03 Oct 2013.
Frequently asked questions
Vajra Benefit Fund is an active public limited company based in Kaveripattinam, Tamil Nadu, India. The company works in gold loan nbfc, within the financial services industry. It was incorporated on 03 October 2013 (13+ years old) and is registered under CIN U65900TZ2013PLC019899.
Vajra Benefit Fund has 3 current directors:
- Indumathi Balakrishnan - Director
- Moranahalli Venkatachelam Prakash - Director
- Thimarayagounder Venkatachalam - Director
The latest financial statements of Vajra Benefit Fund on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Vajra Benefit Fund is U65900TZ2013PLC019899. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vajra Benefit Fund was incorporated on 03 October 2013, making it 13+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Vajra Benefit Fund by revenue are Rajapalayam Benefit Nidhi Limited, Ruptok Fintech Private Limited, Mahe Royal Travancore Nidhi Limited, Muthoot Gold Nidhi Limited, all in the BFSI industry (Gold NBFCs), with the same principal business activity (other financial activities).
Indumathi Balakrishnan was appointed as Director on 03 Oct 2013. Moranahalli Venkatachelam Prakash was appointed as Director on 03 Oct 2013. Thimarayagounder Venkatachalam was appointed as Director on 03 Oct 2013.
The registered office of Vajra Benefit Fund is at 37A Subashchandra Bose Street Kaveripattinam, Tamil Nadu, India – 635112.
Vajra Benefit Fund operates in the financial services industry, in the gold loan nbfc segment.
The compliance status of Vajra Benefit Fund is compliant as of 16 September 2026. The company is actively filing with the Registrar of Companies.
Yes. Vajra Benefit Fund was formerly known as Tanisha Benefit Fund Limited, Indu Benefit Fundss India Limited.

