Achala Chit Funds Private Limited

Chit fund company providing financial services in India, established in 2011.

2011 | Warangal, Telangana (India) | Active
Last Updated:

Achala Chit Funds Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.30 Cr
  • Company Age 13 Year, 3 Months
  • Last Filing with ROC 31 Mar 2019
  • Revenue Growth 13.45%
  • Profit Growth -13.11%
  • Ebitda 36.47%
  • Net Worth 67.20%
  • Total Assets 26.34%

About Achala Chit Funds

Achala Chit Funds Private Limited (ACFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 November 2011 and has a history of 13 years and three months. Its registered office is in Warangal, Telangana, 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 2019. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.30 Cr, as per Ministry of Corporate Affairs (MCA) records.

Padma Panchagiri and Satyanarayana Panchagiri serve as directors at the Company.

Company Details

  • Location

    Warangal, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65992TG2011PTC077667

  • Company No.

    077667

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Nov 2011

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Financial Services

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

Executive Team (1)

NameDesignationAppointment DateStatus
Padma Panchagiri Country flag representing In Managing Director06-Dec-2011Current

Board Members (1)

NameDesignationAppointment DateStatus
Satyanarayana Panchagiri Country flag representing In Director 15-Oct-2018Current

Financial Performance of Achala Chit Funds.

Achala Chit Funds Private Limited, for the financial year ended 2017, experienced significant growth in revenue, with a 13.45% increase. The company also saw a substantial fall in profitability, with a 13.11% decrease in profit. The company's net worth Soared by an impressive increase of 67.2%.

Achala Chit Funds revenue growth over time
Achala Chit Funds 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
13.45%
Revenue from Operations
13.42%
Total Assets
26.34%
Profit or Loss
-13.11%
Net Worth
67.20%
EBITDA
36.47%

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

In 2017, Achala Chit Funds 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 Achala Chit Funds?

Achala Chit Funds has a workforce of 79 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Achala Chit Funds Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Achala 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 Achala Chit Funds'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 Achala Chit Funds

Recent activity within the organization

  • Annual General Meeting

    Achala Chit Funds Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

  • Balance Sheet

    Achala Chit Funds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Hyderabad.

  • Director Appointment

    Satyanarayana Panchagiri was appointed as a Director was appointed as a Director on 15 Oct 2018 & has been associated with this company since 6 years 4 months .

  • Director Appointment

    Padma Panchagiri was appointed as a Managing Director was appointed as a Managing Director on 06 Dec 2011 & has been associated with this company since 13 years 3 months .

  • Company Incorporation

    Achala Chit Funds Private Limited was registered on 25 Nov 2011 with Roc Hyderabad & aged 13 years 3 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Achala Chit Funds Private Limited?

    Achala Chit Funds Private Limited was incorporated on 25 Nov 2011.

  • What is authorized share capital and paid-up capital of Achala Chit Funds Private Limited?

    The authorized share capital of Achala Chit Funds Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.30 Cr.

  • Who are the current board members & directors of Achala Chit Funds Private Limited?

    Currently 2 directors are associated with Achala Chit Funds Private Limited.

    • Padma Panchagiri
    • Satyanarayana Panchagiri

  • What is the registered address of Achala Chit Funds Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Achala Chit Funds Private Limited is H.No. 1-8-524/1 First Floor Kandi Complex Opp:Sbh Nakkalgutta Balasamudram Nakka Lgutta, India, Hanamkonda, Telangana, 506001.

  • What is the corporate identification number (CIN) and company number of Achala Chit Funds Private Limited?

    The corporate identification number (CIN) of Achala Chit Funds Private Limited is U65992TG2011PTC077667 and the company number is 077667 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Achala Chit Funds Private Limited?

    According to the financial reports for the fiscal year 2017, the revenue trend for Achala Chit Funds Private Limited has risen by 13.45%.

  • How many employees does Achala Chit Funds Private Limited currently have?

    As Per 2017 financial reports, 79 employees are currently employed by Achala Chit Funds Private Limited.

  • What change has been observed in the net worth of Achala Chit Funds Private Limited, and by what percentage?

    The financial reports for the fiscal year 2017 indicates that The net worth of Achala Chit Funds Private Limited has experienced an upsurge of 67.20%.

  • When was the last Balance Sheet of Achala Chit Funds Private Limited filed with the ROC?

    The most recent Balance Sheet for Achala Chit Funds Private Limited was filed with the ROC on 31 Mar 2019.

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