Triplicane Permanent Fund Nidhi Limited

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ABOUT US

Triplciane Permanent Fund Nidhi Limited is established in the 1926 by eminent personalities to cultivate savings among the Members. The Company incorporated as Bank subsequently converted as a Nidhi Company to fall in line with Companies Act. The Company accepts deposits from the Members and lends Jewel loan and House Mortgage loan as per Nidhi rule.

Company Name : Triplicane Permanent Fund Nidhi Limited
Date of Incorporation : 14-09-1926
Corporate Identity Number : U67120TN1926PLC003083
Company Status : Active
Regd. Office Address : No.162 Big Street, Triplicane, Chennai - 600005
Company Type : Company Limited by shares

FOUNDERS

PRINCIPAL ACTIVITY

Accepting Deposits from the public and lending on securities like, Gold, and Mortgage on House properties and providing locker facilities to members. The fund serves the Lower Middle Class and Middle Class of the society devotedly since several decades and been totally freed from the unethical rivalries. We are being governed by the Ministry of Corporate Affairs, Government of India. The long heritage of our Fund speaks itself for its strength and financial conduct and discipline among the people.

BUSINESS & CAPITAL INFORMATION

Total Business Turnover as on 31-03-2014
Total Deposits : ₹27.61 Crores.
Total Loans : ₹25.21 Crores

Authorized Share capital : 5,00,000 Equity Shares of 10/- Each = ₹50,00,000
Issued & Subscribed Capital : 3,42,920 Equity Shares of 10/-Each = ₹34,29,200
Paid up Capital : 3,42,920 Equity Shares of 10/-Each = ₹34,29,200

DIVIDEND INFORMATION

The Dividend on Equity shares are uninterruptedly paid by Nidhi.
Dividend paid for the earlier years are:

2019-2020 – 15%
2020-2021 - 20%
2021-2022 – 20%

OTHER INFORMATION

Listing On Stock Exchange : No
Total Number Of Branches : 6 Branches