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 ₹146.00 Cr open charges and ₹223.37 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.
U65929TN2008PLC068502
068502
08 July 2008
₹20.00 Cr
₹18.02 Cr
Roc Chennai
Unlisted
Active
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| 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 |
| 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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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%.
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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.
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₹1,460,000,000.00
₹2,233,695,000.00
| 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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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.
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.
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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.
The activity A charge registered on 04 Oct 2023 via Charge ID 100803474 with Others was fully satisfied on 14 Oct 2025. was completed.
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.
Progress on A charge registered on 07 Jun 2023 via Charge ID 100736886 with Others was fully satisfied on 02 Sep 2025. was documented.
A charge with Others amounted to Rs. 6.00 Cr with Charge ID 101158296 was registered on 30 Aug 2025. was recorded as a recent event.
Progress on Virutcham Microfinance Limited last Annual general meeting of members was held on 14 Aug 2025 as per latest MCA records. was documented.
Progress on A charge with Others amounted to Rs. 5.00 Cr with Charge ID 101135272 was registered on 07 Aug 2025. was documented.
The CIN of Virutcham Microfinance Limited is U65929TN2008PLC068502.
Virutcham Microfinance Limited is headquartered at Plot No 1, Mullai Tower, Mullai Nagar South, Thanakkankulam,Thirunagar,, Madurai, Tamil Nadu, 625006.
Virutcham Microfinance Limited was incorporated on 08 July 2008.
The current directors of Virutcham Microfinance Limited are
The primary industry of Virutcham Microfinance Limited is Financial And Insurance Service.
Virutcham Microfinance Limited is unlisted.
The authorized capital of Virutcham Microfinance Limited is ₹20.00 Cr, and the paid-up capital is ₹18.02 Cr.
The compliance status of Virutcham Microfinance Limited is Compliant.
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