Abi & Abi Chits Private Limited

Provides financial services, specializing in chit business and conventional chits.

2010 | Thanjavur, Tamil Nadu (India) | Active
Last Updated: December 08, 2024

Abi & Abi Chits Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 14 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 1.20%
  • Profit Growth 3.58%
  • Ebitda 8.84%
  • Net Worth 0.86%
  • Total Assets 0.82%

About Abi & Abi Chits

Abi & Abi Chits Private Limited (AACPL) is a Private Limited Indian Non-Government Company incorporated in India on 15 July 2010 and has a history of 14 years and six months. Its registered office is in Thanjavur, Tamil Nadu, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 1.00 M, as per Ministry of Corporate Affairs (MCA) records.

Swaminathan Murugan and Thiagarajan Elangovan serve as directors at the Company.

Company Details

  • Location

    Thanjavur, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65992TN2010PTC076610

  • Company No.

    076610

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Jul 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

Who are the key members and board of directors at Abi & Abi Chits?

Board Members (2)

Name Designation Appointment Date Status
Swaminathan Murugan Country flag representing In Director 15-Jul-2010 Current
Thiagarajan Elangovan Country flag representing In Director 15-Jul-2010 Current

Financial Performance of Abi & Abi Chits.

Abi & Abi Chits Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 1.2% increase. The company also saw a slight improvement in profitability, with a 3.58% increase in profit. The company's net worth moved up by a moderate rise of 0.86%.

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
1.20%
Revenue from Operations
1.20%
Total Assets
0.82%
Profit or Loss
3.58%
Net Worth
0.86%
EBITDA
8.84%

What is the Ownership and Shareholding Structure of Abi & Abi Chits?

In 2020, Abi & Abi Chits 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)

Placeholder for charges-related data

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

How Many Employees Work at Abi & Abi Chits?

Unlock and access historical data on people associated with Abi & Abi Chits, 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 Abi & Abi Chits, 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 Abi & Abi Chits'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 Abi & Abi Chits

Recent activity within the organization

  • Annual General Meeting

    Abi & Abi Chits Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Abi & Abi Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Swaminathan Murugan was appointed as a Director was appointed as a Director on 15 Jul 2010 & has been associated with this company since 14 years 6 months .

    15 Jul 2010

  • Director Appointment

    Thiagarajan Elangovan was appointed as a Director was appointed as a Director on 15 Jul 2010 & has been associated with this company since 14 years 6 months .

    15 Jul 2010

  • Company Incorporation

    Abi & Abi Chits Private Limited was registered on 15 Jul 2010 with Roc Chennai & aged 14 years 6 months as per MCA records.

    15 Jul 2010

Frequently asked questions

  • Abi & Abi Chits Private Limited was incorporated on 15 Jul 2010.

  • The authorized share capital of Abi & Abi Chits Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Abi & Abi Chits Private Limited.

    • Swaminathan Murugan
    • Thiagarajan Elangovan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Abi & Abi Chits Private Limited is No.80, Abi Abi Towers Opp: Medical College India, Thanjavur, Tamil Nadu, 613004.

  • The corporate identification number (CIN) of Abi & Abi Chits Private Limited is U65992TN2010PTC076610 and the company number is 076610 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Abi & Abi Chits Private Limited is https://www.abiabi.org

  • According to the financial reports for the fiscal year 2022, the revenue trend for Abi & Abi Chits Private Limited has risen by 1.20%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Abi & Abi Chits Private Limited has experienced an upsurge of 0.86%.

  • The most recent Balance Sheet for Abi & Abi Chits Private Limited was filed with the ROC on 31 Mar 2023.

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