Vasuki Finance Private Limited
About Vasuki Finance Private Limited
Data last updated:
Vasuki Finance Private Limited was a private limited company based in Tuticorin, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the diversified financial services segment of the financial services sector. It was incorporated on 14 October 1994.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U65191TN1994PTC028901.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹45 Lakh. It was led by directors including Bremanandam Anoop Chand Dhanush Kumar (Managing Director) and Marimuthu Ammayappan.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 92 – A – South Raja Street Tuticorin, Tamil Nadu, India – 628001.
As per the financials filed for FY 2018, the company reported a revenue of ₹7.4 Lakh, a growth of 42% compared to the previous year. For the same year it recorded a net profit of ₹1.73 Lakh (net margin 23.4%) and EBITDA of ₹2.41 Lakh (EBITDA margin 32.6%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years.
As per MCA filings, the company had satisfied charges of ₹1.85 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
Company details
Contact details
Vasuki Finance Private Limited's registered office is in Tuticorin, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered Address92 – A – South Raja Street Tuticorin, Tamil Nadu, India – 628001
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Vasuki Finance Private 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 Vasuki Finance 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 Vasuki Finance Private Limited, buy the company report.
Financials of Vasuki Finance Private Limited
FY 2018 filings availableVasuki Finance Private Limited reported revenue of ₹7.4 Lakh (up 42% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 29% over three years, including 42% growth in the latest year. EBITDA rose 71% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Total Expenses | ||||
| EBITDA | ₹2.41 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹1.73 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 32.6% | |||
| Net Profit Margin | 23.4% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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| Current Ratio | ||||
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To see the full financial statements and ratios of Vasuki Finance Private Limited, buy the company report.
Board of directors of Vasuki Finance Private Limited
Vasuki Finance has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anoopchand Renuka Devi Dhanush Kumar Also directs: Bda Agrochem Private Limited, Pandore Ventures Private Limited | Additional Director | 11 Dec 2012 | 13 Years 10 Months | As last reported |
| Marimuthu Ammayappan | Director | 30 Jul 1999 | 27 Years 3 Months | As last reported |
| Bremanandam Anoop Chand Dhanush Kumar Also directs: Alangarathattu Trading and Warehousing LLP, Bda Agrochem Private Limited, Bradhani Renewable Energy Private Limited and 1 more | Managing Director | 21 Oct 1994 | 32 Years 0 Months | As last reported |
Peer comparison
Vasuki Finance Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Finance, Other Financial Services), 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 |
|---|---|---|---|---|---|---|
| Homfit Finance and Leasing Limited | ₹7.41 Lakh (FY 2017) | -1.0% | Thrissur, Kerala, India | |||
| Meti Finance Private Limited | ₹7.41 Lakh (FY 2024) | 20.0% | Kolkata, West Bengal, India | |||
| Vasuki Finance Private Limitedthis company | ₹7.4 Lakh (FY 2018) | ₹1.73 Lakh | 23.4% | 42.0% | Tuticorin, Tamil Nadu, India | |
| Citymax Crossell Private Limited | ₹7.4 Lakh (FY 2020) | Jaipur, Rajasthan, India |
To see the full peer comparison of Vasuki Finance Private Limited, buy the company report.
Shareholding
The shareholding of Vasuki Finance Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Vasuki Finance Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 May 1999 | 90294669 | Punjab National Bank; | ₹36,900 | Satisfied | |
| 26 Jun 1998 | 90294588 | Punjab National Bank | ₹1.48 Lakh | Satisfied |
To see the full charge records of Vasuki Finance Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Vasuki Finance Private Limited has 1 court case on record: 1 filed by Vasuki Finance. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Vasuki Finance Private 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 Vasuki Finance Private 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 Vasuki Finance Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Vasuki Finance Private Limited has 4 board changes on record since 1994: 3 appointments and 1 cessation. The latest: Ravikumar Mohan Doss Mohan Doss ceased to be Director on 30 Sep 2015.
Frequently asked questions
Vasuki Finance has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Vasuki Finance was a private limited company based in Tuticorin, Tamil Nadu, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 14 October 1994 and is registered under CIN U65191TN1994PTC028901. The company has been struck off by the Registrar of Companies and is no longer operational.
Vasuki Finance had 3 directors:
- Bremanandam Anoop Chand Dhanush Kumar - Managing Director
- Anoopchand Renuka Devi Dhanush Kumar - Additional Director
- Marimuthu Ammayappan - Director
The CIN (Corporate Identification Number) of Vasuki Finance is U65191TN1994PTC028901. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Vasuki Finance is at 92 – A – South Raja Street Tuticorin, Tamil Nadu, India – 628001.
Vasuki Finance was incorporated on 14 October 1994. It is registered with the Registrar of Companies, Chennai.
The latest financial statements of Vasuki Finance on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
Vasuki Finance operated in the financial services industry, in the diversified financial services segment. It worked in this industry before it was struck off.
The peers of Vasuki Finance by revenue are Homfit Finance and Leasing Limited, Meti Finance Private Limited, Citymax Crossell Private Limited, all in the BFSI industry (Finance, Other Financial Services), with the same principal business activity (other financial activities).
Vasuki Finance has 1 court case on record: 1 filed by the company.
Ravikumar Mohan Doss Mohan Doss ceased to be Director on 30 Sep 2015. Anoopchand Renuka Devi Dhanush Kumar was appointed as Additional Director on 11 Dec 2012. Marimuthu Ammayappan was appointed as Director on 30 Jul 1999. Vasuki Finance has 4 board changes on record in total.
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