Virutcham Microfinance Limited - Company Profile

It is a financial services public limited company based in Madurai, Tamil Nadu, India, established in 2008.
2008 Madurai, Tamil Nadu, India Active
Last Updated:
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About Virutcham Microfinance Limited

Virutcham Microfinance Limited, a active public limited company, was established on 08 July 2008 in Madurai, Tamil Nadu, India. Engaging in nbfc within the financial and insurance service sector, it holds CIN: U65929TN2008PLC068502. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹20.00 Cr and a paid-up capital of ₹18.02 Cr.

It upholds a compliant status. Employing 228 professional, Its leadership includes Alex Francisco Nicholas (Director), Soosai Charles Selvaraj (Managing Director), Devesahayam Asokan (Director). Past directors included Jesudasan Mariaviagula Nadar, Stanislaus Johnson Raj, Thomaiyar Eugene. It holds ₹131.50 Cr open charges and ₹237.87 Cr settled loans. Its latest AGM occurred on 14 August 2025, with the balance sheet filed on 31 March 2025. It is based at Plot No 1, Mullai Tower, Mullai Nagar South, Thanakkankulam,Thirunagar,, Madurai, Tamil Nadu, 625006.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U65929TN2008PLC068502

  • Registration Number

    068502

  • Incorporation Date

    08 July 2008

  • Authorized Capital

    ₹20.00 Cr

  • Paid-Up Capital

    ₹18.02 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 18.02 Cr
  • Company Age 17 Year, 7 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 131.50 Cr
  • Satisfied Charges ₹ 237.87 Cr
  • Revenue Growth **** 41.05%
  • Profit Growth **** 21.70%
  • Ebitda **** 35.13%
  • Net Worth 7.75%
  • Total Assets **** 47.55%
Company report

Virutcham Microfinance Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Virutcham Microfinance 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 Virutcham Microfinance Limited?
Current Directors
Name Designation Appointment Date Status
Alex Francisco Nicholas Director 05 Jun 2014 Current
Soosai Charles Selvaraj Managing Director 10 Oct 2016 Current
Devesahayam Asokan Director 15 Jul 2015 Current
John Ohilvi Director 22 Dec 2023 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 26 Nov 2018 Past
Pramod Abcsdd Director 30 May 2011 Past
Pramod Abcsdd Director 21 Apr 2010 Past
Pramod Abcsdd Managing Director 26 Feb 2016 Past
Pramod Abcsdd Additional Director 31 Jul 2013 Past
Pramod Abcsdd Additional Director 17 Sep 2021 Past

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Financial Performance of Virutcham Microfinance.

Virutcham Microfinance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 41.05% increase. The company also saw a substantial improvement in profitability, with a 21.7% increase in profit. The company's net worth moved up by a moderate rise of 7.75%.

Virutcham Microfinance revenue growth over time
Virutcham Microfinance profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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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 41.05%
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*******
*******
Revenue from Operations
*******
 38.52%
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*******
*******
Total Assets
*******
 47.55%
*******
*******
*******
*******
Profit or Loss
*******
 21.70%
*******
*******
*******
*******
Net Worth
*******
 7.75%
*******
*******
*******
*******
EBITDA
*******
 35.13%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Virutcham Microfinance?

In 2023, Virutcham Microfinance had a promoter holding of 21.10% and a public holding of 78.90%. 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

₹1,315,000,000.00

Satisfied Charges

₹2,378,695,000.00

Charges Breakdown by Lending Institutions
  • Others : 71.00 Cr
  • State Bank Of India : 28.00 Cr
  • Indian Overseas Bank : 20.00 Cr
  • Canara Bank : 5.00 Cr
  • Tamilnad Mercantile Bank Limited : 4.50 Cr
  • Others : 3.00 Cr
Latest Charge Details
Date Lender Amount Status
30 Aug 2025 Others ₹6.00 Cr Open
07 Aug 2025 Others ₹5.00 Cr Open
05 Mar 2025 Others ₹10.00 Cr Open
30 Jan 2025 Others ₹7.00 Cr Open
21 Jan 2025 Others ₹1.00 Cr Open

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How Many Employees Work at Virutcham Microfinance?

Virutcham Microfinance has a workforce of 228 employees as of Mar 31, 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 Virutcham Microfinance, 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 Virutcham Microfinance's trajectory.

Rating
Graph displaying rating trends over time

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
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 Virutcham Microfinance
Recent Activity within the Organization
  • Charges

    A charge registered on 29 Nov 2023 via Charge ID 100828616 with Others was fully satisfied on 16 Dec 2025. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 10 Nov 2023 via Charge ID 100815943 with Others was fully satisfied on 11 Dec 2025. was documented.

  • Charges

    A charge registered on 31 Jul 2023 via Charge ID 100758888 with Others was fully satisfied on 11 Nov 2025. was recorded as a recent event.

  • Charges

    A charge registered on 30 Jun 2022 via Charge ID 100592497 with Others was fully satisfied on 28 Oct 2025. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 04 Oct 2023 via Charge ID 100803474 with Others was fully satisfied on 14 Oct 2025. was documented.

  • Charges

    A charge registered on 28 Dec 2023 via Charge ID 100842884 with Others was fully satisfied on 19 Sep 2025. was recorded as a recent event.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Virutcham Microfinance Limited?

The CIN of Virutcham Microfinance Limited is U65929TN2008PLC068502.

Where is Virutcham Microfinance Limited headquartered?

Virutcham Microfinance Limited is headquartered at Plot No 1, Mullai Tower, Mullai Nagar South, Thanakkankulam,Thirunagar,, Madurai, Tamil Nadu, 625006.

When was Virutcham Microfinance Limited incorporated?

Virutcham Microfinance Limited was incorporated on 08 July 2008.

Who are the current directors of Virutcham Microfinance Limited?

The current directors of Virutcham Microfinance Limited are

What is the primary industry of Virutcham Microfinance Limited?

The primary industry of Virutcham Microfinance Limited is Financial And Insurance Service.

Is Virutcham Microfinance Limited a listed company?

Virutcham Microfinance Limited is unlisted.

What is the capital structure of Virutcham Microfinance Limited?

The authorized capital of Virutcham Microfinance Limited is ₹20.00 Cr, and the paid-up capital is ₹18.02 Cr.

What is the compliance status of Virutcham Microfinance Limited?

The compliance status of Virutcham Microfinance Limited is Compliant.

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