Abhayam Chit Funds Private Limited

Founded in 2019 and headquartered in Andhra Pradesh, India.

2019 | Ananthapur, Andhra Pradesh (India) | Active
Last Updated: January 09, 2025

Abhayam Chit Funds Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.30 M
  • Company Age 5 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth %
  • Profit Growth -328.35%
  • Ebitda -475.59%
  • Net Worth -55.18%
  • Total Assets 54.62%

About Abhayam Chit Funds

Abhayam Chit Funds Private Limited (ACFPL) is a Private Limited Indian Non-Government Company incorporated in India on 01 October 2019 (Five years and four months 3 days old ). Its registered office is in Ananthapur, Andhra Pradesh, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 1.50 M and a paid-up capital of Rs 1.30 M, as per Ministry of Corporate Affairs (MCA) records.

Kaveti Habeebsab, Sridhar Manempalli, Athif Syed, and One other member serve as directors at the Company.

Company Details

  • Location

    Ananthapur, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65990AP2019PTC113029

  • Company No.

    113029

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Oct 2019

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Financial Services

Who are the key members and board of directors at Abhayam Chit Funds?

Board Members (4)

Name Designation Appointment Date Status
Kaveti Habeebsab Country flag representing In Additional Director 31-Dec-2021 Current
Sridhar Manempalli Country flag representing In Director 15-Sep-2022 Current
Athif Syed Country flag representing In Director 01-Oct-2019 Current
Lakshminarayana Country flag representing In Director 01-Oct-2019 Current

Financial Performance of Abhayam Chit Funds.

Abhayam Chit Funds Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 328.35% decrease in profit. The company's net worth observed a substantial decline by a decrease of 55.18%.

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
Revenue from Operations
Total Assets
54.62%
Profit or Loss
-328.35%
Net Worth
-55.18%
EBITDA
-475.59%

What is the Ownership and Shareholding Structure of Abhayam Chit Funds?

Unlock access to Abhayam Chit Funds's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Abhayam Chit Funds?

Unlock and access historical data on people associated with Abhayam Chit Funds, 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 Abhayam Chit Funds, 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 Abhayam Chit Funds's trajectory.

Rating

Graph displaying rating trends over time

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Alerts

Alert Indicator

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Latest Updates, News, and FAQs on Abhayam Chit Funds

Recent activity within the organization

  • Annual General Meeting

    Abhayam Chit Funds Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Abhayam Chit Funds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.

    31 Mar 2024

  • Director Appointment

    Sridhar Veerabhadrachari Manempalli was appointed as a Director was appointed as a Director on 15 Sep 2022 & has been associated with this company since 2 years 4 months .

    15 Sep 2022

  • Director Appointment

    Kaveti Nagepalli Habeebsab was appointed as a Additional Director was appointed as a Additional Director on 31 Dec 2021 & has been associated with this company since 3 years 1 month .

    31 Dec 2021

  • Director Appointment

    Athif Hydervali Syed was appointed as a Director was appointed as a Director on 01 Oct 2019 & has been associated with this company since 5 years 4 months .

    01 Oct 2019

  • Director Appointment

    Lakshminarayana was appointed as a Director was appointed as a Director on 01 Oct 2019 & has been associated with this company since 5 years 4 months .

    01 Oct 2019

Frequently asked questions

  • Abhayam Chit Funds Private Limited was incorporated on 01 Oct 2019.

  • The authorized share capital of Abhayam Chit Funds Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.30 M.

  • Currently 4 directors are associated with Abhayam Chit Funds Private Limited.

    • Kaveti Nagepalli Habeebsab
    • Sridhar Veerabhadrachari Manempalli
    • Athif Hydervali Syed
    • Lakshminarayana
  • As per Ministry of Corporate Affairs (Mca), the registered address of Abhayam Chit Funds Private Limited is D. No.4 Ward No. 7 Vasavi Dharmasala Opp. Street Backside Of Lakshmi Theatre, Hindupur India, Anantapur, Andhra Pradesh, 515201.

  • The corporate identification number (CIN) of Abhayam Chit Funds Private Limited is U65990AP2019PTC113029 and the company number is 113029 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2022 indicates that The net worth of Abhayam Chit Funds Private Limited has experienced an downturn of -55.18%.

  • The most recent Balance Sheet for Abhayam Chit Funds Private Limited was filed with the ROC on 31 Mar 2024.