A.S. Steelcity Chits (India) Private Limited

Chit business company established in 2001, based in Andhra Pradesh.

2001 | Telangana, Telangana (India) | Active
Last Updated: December 15, 2021

A.S. Steelcity Chits (India) Profile

Key Indicators

  • Authorised Capital ₹ 2.40 M
  • Paid Up Capital ₹ 2.15 M
  • Company Age 23 Year, 5 Months
  • Last Filing with ROC 31 Mar 2020
  • Open Charges ₹ 10.30 Cr
  • Revenue Growth 2441.61%
  • Profit Growth 7114.05%
  • Ebitda -35.52%
  • Net Worth 54.30%
  • Total Assets 53.95%

About A.S. Steelcity Chits (India)

A.S. Steelcity Chits (India) Private Limited (ASCIPL) is a Private Limited Indian Non-Government Company incorporated in India on 30 August 2001 and has a history of 23 years and five months. Its registered office is in Telangana, Telangana.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2020. It's a company limited by shares with an authorized capital of Rs 2.40 M and a paid-up capital of Rs 2.15 M.

The company currently has active open charges totaling ₹10.30 Cr.

Rajender Bhararia, Mahesh Anumalisetti, Teegala Saptagiri, and Four other members serve as directors at the Company.

Company Details

  • Location Telangana, Telangana
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65992TG2001PTC037726

  • Company No.

    037726

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Aug 2001

  • Date of AGM

    31 Dec 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc-Hyderabad

Industry

Financial Services

Who are the key members and board of directors at A.S. Steelcity Chits (India)?

Executive Team (1)

NameDesignationAppointment DateStatus
Mahesh Anumalisetti Country flag representing In Managing Director30-Aug-2001Current

Board Members (6)

NameDesignationAppointment DateStatus
Rajender Bhararia Country flag representing In Director 01-Apr-2002Current
Teegala Saptagiri Country flag representing In Director 01-Apr-2002Current
Nagesh Anumalisetty Country flag representing In Director 01-Apr-2002Current
Gumpina Rameshguptha Country flag representing In Director 01-Apr-2002Current
Trinadha Madagala Country flag representing In Director 01-Apr-2002Current
Atchutha Busi Country flag representing In Director 01-Apr-2002Current

Financial Performance of A.S. Steelcity Chits (India).

A.S. Steelcity Chits (India) Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 2441.61% increase. The company also saw a substantial improvement in profitability, with a 7114.05% increase in profit. The company's net worth Soared by an impressive increase of 54.3%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • 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
2441.61%
Revenue from Operations
Total Assets
53.95%
Profit or Loss
7114.05%
Net Worth
54.30%
EBITDA
-35.52%

What is the Ownership and Shareholding Structure of A.S. Steelcity Chits (India)?

In 2019, A.S. Steelcity Chits (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹103.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 10.00 Cr
  • Lakshmi Vilas Bank Limited : 0.15 Cr
  • The Lakshmi Vilas Bank Ltd : 0.15 Cr

Latest Charge Details

DateLenderAmountStatus
10 May 2019The Lakshmi Vilas Bank Ltd₹1.50 MOpen
13 Nov 2018Lakshmi Vilas Bank Limited₹1.50 MOpen
27 Dec 2011Axis Bank Limited₹10.00 CrOpen

How Many Employees Work at A.S. Steelcity Chits (India)?

Unlock and access historical data on people associated with A.S. Steelcity Chits (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of A.S. Steelcity Chits (India), 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 A.S. Steelcity Chits (India)'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.

Latest Updates, News, and FAQs on A.S. Steelcity Chits (India)

Recent activity within the organization

  • Annual General Meeting

    A.S. Steelcity Chits (India) Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.

    31 Dec 2020

  • Balance Sheet

    A.S. Steelcity Chits (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with RoC-Hyderabad.

    31 Mar 2020

  • Charges

    A charge with The Lakshmi Vilas Bank Ltd amounted to Rs. 1.50 M with Charge ID 100264685 was registered on 10 May 2019.

    10 May 2019

  • Charges

    A charge with Lakshmi Vilas Bank Limited amounted to Rs. 1.50 M with Charge ID 100221335 was registered on 13 Nov 2018.

    13 Nov 2018

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 100.00 M with Charge ID 10334953 was registered on 27 Dec 2011.

    27 Dec 2011

  • Director Appointment

    Rajender Bhararia was appointed as a Director was appointed as a Director on 01 Apr 2002 & has been associated with this company since 22 years 10 months .

    01 Apr 2002

Frequently asked questions

  • A.S. Steelcity Chits (India) Private Limited was incorporated on 30 Aug 2001.

  • The authorized share capital of A.S. Steelcity Chits (India) Private Limited is ₹ 2.40 M and paid-up capital is ₹ 2.15 M.

  • Currently 7 directors are associated with A.S. Steelcity Chits (India) Private Limited.

    • Rajender Bhararia
    • Mahesh Anumalisetti
    • Teegala Saptagiri
    • Nagesh Anumalisetty
    • Gumpina Rameshguptha
    • Trinadha Rao Madagala
    • Atchutha Rao Busi
  • As per Ministry of Corporate Affairs (Mca), the registered address of A.S. Steelcity Chits (India) Private Limited is D/No 48-7-43/2, Srinagar Exold Vegitable Market Lane Visakhapatnam-530 016. Tg, Telangana, India.

  • The corporate identification number (CIN) of A.S. Steelcity Chits (India) Private Limited is U65992TG2001PTC037726 and the company number is 037726 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for A.S. Steelcity Chits (India) Private Limited has risen by 2441.61%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of A.S. Steelcity Chits (India) Private Limited has experienced an upsurge of 54.30%.

  • As per the financial statements for fiscal Year 2020, The total open charges for A.S. Steelcity Chits (India) Private Limited amount to ₹ 10.30 Cr.

  • The most recent Balance Sheet for A.S. Steelcity Chits (India) Private Limited was filed with the ROC on 31 Mar 2020.

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