Aadarana Chit Fund Private Limited

Aadarana Chit Fund Private Limited

Provides chit fund services to 2000 clients since 2005 in Anantapur, Andhra Pradesh.
2005 | Ananthapur, Andhra Pradesh (India) | Active

Last Updated:

December 21, 2024
HomeCompanyAadarana Chit Fund Private Limited

Who are the key members and board of directors at Aadarana Chit Fund?

Executive Team (1)

NameDesignationAppointment DateStatus
Ramakrishna Nallapati InManaging Director10-Aug-2006Current

Board Members(2)

NameDesignationAppointment DateStatus
Aswarthu Nallapati In Director 14-Jul-2005Current
Karanam Kumari In Director 01-Nov-2011Current

Financial Performance of Aadarana Chit Fund.

Aadarana Chit Fund Private Limited, for the financial year ended 2016, experienced significant growth in revenue, with a 15.65% increase. The company also saw a substantial improvement in profitability, with a 126.28% increase in profit. The company's net worth Soared by an impressive increase of 17.77%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
15.65%
Revenue from Operations
20.32%
Total Assets
24.81%
Profit or Loss
126.28%
Net Worth
17.77%
EBITDA
-15.61%

Charges (Loans)

Open Charges

₹2.80 M

LenderAmountStatus

Lakshmi Vilas Bank Limited

Creation Date: 26 Sep 2011
₹2.80 MOpen

How Many Employees Work at Aadarana Chit Fund?

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

Employee Graph

Deals i

Rating

Alerts

Latest Updates, News, and FAQs on Aadarana Chit Fund

Recent activity within the organization

  • Annual General Meeting

    Aadarana Chit Fund Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Aadarana Chit Fund Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Vijayawada.

    31 Mar 2022

  • Charges

    A charge with Lakshmi Vilas Bank Limited of Rs. 2.80 M registered on 26 Sep 2011 with Charge ID 10318247 was modified on 07 Dec 2012.

    07 Dec 2012

  • Director Appointment

    Karanam Saila Kumari was appointed as a Director was appointed as a Director on 01 Nov 2011 & has been associated with this company since 13 years 2 months .

    01 Nov 2011

  • Charges

    A charge with Lakshmi Vilas Bank Limited amounted to Rs. 2.80 M with Charge ID 10318247 was registered on 26 Sep 2011.

    26 Sep 2011

  • Director Appointment

    Ramakrishna Nallapati was appointed as a Managing Director was appointed as a Managing Director on 10 Aug 2006 & has been associated with this company since 18 years 5 months .

    10 Aug 2006

Frequently asked questions

  • Aadarana Chit Fund Private Limited was incorporated on 14 Jul 2005.

  • The authorized share capital of Aadarana Chit Fund Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.50 M.

  • Currently 3 directors are associated with Aadarana Chit Fund Private Limited.

    • Ramakrishna Nallapati
    • Aswarthu Nallapati
    • Karanam Saila Kumari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Aadarana Chit Fund Private Limited is Shop No. 17 18 19 20 22 94 1St Floor Municipal Complex, Near Clock Tower India, Anantapur, Andhra Pradesh, 515001.

  • The corporate identification number (CIN) of Aadarana Chit Fund Private Limited is U65992AP2005PTC046864 and the company number is 046864 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2016, the revenue trend for Aadarana Chit Fund Private Limited has risen by 15.65%.

  • The financial reports for the fiscal year 2016 indicates that The net worth of Aadarana Chit Fund Private Limited has experienced an upsurge of 17.77%.

  • As per the financial statements for fiscal Year 2016, The total open charges for Aadarana Chit Fund Private Limited amount to ₹ 2.80 M.

  • The most recent Balance Sheet for Aadarana Chit Fund Private Limited was filed with the ROC on 31 Mar 2022.

Similar Companies Based on Microfinance Institutions