Abora Chits Private Limited

Founded in 2004 and headquartered in Tamil Nadu, India.

2004 | Erode, Tamil Nadu (India) | Active
Last Updated:

Abora Chits Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.50 M
  • Company Age 20 Year, 11 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 5.00 M
  • Revenue Growth -33.49%
  • Profit Growth -39.34%
  • Ebitda 779.12%
  • Net Worth 6.19%
  • Total Assets -32.85%

About Abora Chits

Abora Chits Private Limited (ACPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 March 2004 and has a history of 20 years and 11 months. Its registered office is in Erode, 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 2021. It's a company limited by shares with an authorized capital of Rs 1.50 M and a paid-up capital of Rs 1.50 M.

The company currently has active open charges totaling ₹5.00 M.

Jeevanandham Vani and Sivakami serve as directors at the Company.

Company Details

  • Location

    Erode, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65992TZ2004PTC011041

  • Company No.

    011041

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Mar 2004

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Financial Services

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

Board Members (2)

NameDesignationAppointment DateStatus
Jeevanandham Vani Country flag representing In Director 31-Mar-2008Current
Sivakami Country flag representing In Director 28-Mar-2019Current

Financial Performance of Abora Chits.

Abora Chits Private Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 33.49% decrease. The company also saw a substantial fall in profitability, with a 39.34% decrease in profit. The company's net worth moved up by a moderate rise of 6.19%.

Abora Chits revenue growth over time
Abora Chits 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
-33.49%
Revenue from Operations
-32.87%
Total Assets
-32.85%
Profit or Loss
-39.34%
Net Worth
6.19%
EBITDA
779.12%

What is the Ownership and Shareholding Structure of Abora Chits?

In 2017, Abora 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)

Open Charges

₹5.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • City Union Bank Limited : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
04 Apr 2016City Union Bank Limited₹5.00 MOpen

How Many Employees Work at Abora Chits?

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

Employee growth trends for Abora Chits Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Abora 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 Abora 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 Abora Chits

Recent activity within the organization

  • Annual General Meeting

    Abora Chits Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

  • Balance Sheet

    Abora Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Coimbatore.

  • Director Appointment

    Sivakami was appointed as a Director was appointed as a Director on 28 Mar 2019 & has been associated with this company since 5 years 11 months .

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 5.00 M with Charge ID 100036514 was registered on 04 Apr 2016.

  • Director Appointment

    Jeevanandham Vani was appointed as a Director was appointed as a Director on 31 Mar 2008 & has been associated with this company since 16 years 11 months .

  • Company Incorporation

    Abora Chits Private Limited was registered on 18 Mar 2004 with Roc Coimbatore & aged 20 years 11 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Abora Chits Private Limited?

    Abora Chits Private Limited was incorporated on 18 Mar 2004.

  • What is authorized share capital and paid-up capital of Abora Chits Private Limited?

    The authorized share capital of Abora Chits Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.50 M.

  • Who are the current board members & directors of Abora Chits Private Limited?

    Currently 2 directors are associated with Abora Chits Private Limited.

    • Jeevanandham Vani
    • Sivakami
  • What is the registered address of Abora Chits Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Abora Chits Private Limited is 182/1 I Floor Selvalakshmi Complex, Mettur Road India, Erode, Tamil Nadu, 638011.

  • What is the corporate identification number (CIN) and company number of Abora Chits Private Limited?

    The corporate identification number (CIN) of Abora Chits Private Limited is U65992TZ2004PTC011041 and the company number is 011041 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Abora Chits Private Limited?

    According to the financial reports for the fiscal year 2019, the revenue trend for Abora Chits Private Limited has fallen by -33.49%.

  • What change has been observed in the net worth of Abora Chits Private Limited, and by what percentage?

    The financial reports for the fiscal year 2019 indicates that The net worth of Abora Chits Private Limited has experienced an upsurge of 6.19%.

  • What are the total open charges for Abora Chits Private Limited?

    As per the financial statements for fiscal Year 2019, The total open charges for Abora Chits Private Limited amount to ₹ 5.00 M.

  • When was the last Balance Sheet of Abora Chits Private Limited filed with the ROC?

    The most recent Balance Sheet for Abora Chits Private Limited was filed with the ROC on 31 Mar 2021.

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