Achilles Chit Fund Private Limited

ISO-certified chit fund company with online application services.

2019 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 10, 2024

Achilles Chit Fund Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 1.10 M
  • Company Age 6 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 7587.25%
  • Profit Growth 90.13%
  • Ebitda 40.12%
  • Net Worth 9.53%
  • Total Assets 351.52%

About Achilles Chit Fund

Achilles Chit Fund Private Limited (ACFPL) is a Private Limited Indian Non-Government Company incorporated in India on 07 January 2019 (Six years and one month 15 days old ). Its registered office is in Chennai, 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 5.00 M and a paid-up capital of Rs 1.10 M, as per Ministry of Corporate Affairs (MCA) records.

Kaspar Yuvaraj and Irudhayam Kaspar serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U67190TN2019PTC126736

  • Company No.

    126736

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Jan 2019

  • 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 Achilles Chit Fund?

Board Members (2)

NameDesignationAppointment DateStatus
Kaspar Yuvaraj Country flag representing In Director 07-Jan-2019Current
Irudhayam Kaspar Country flag representing In Director 07-Jan-2019Current

Financial Performance of Achilles Chit Fund.

Achilles Chit Fund Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 7587.25% increase. The company also saw a substantial improvement in profitability, with a 90.13% increase in profit. The company's net worth moved up by a moderate rise of 9.53%.

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
7587.25%
Revenue from Operations
9177.68%
Total Assets
351.52%
Profit or Loss
90.13%
Net Worth
9.53%
EBITDA
40.12%

What is the Ownership and Shareholding Structure of Achilles Chit Fund?

In 2020, Achilles Chit Fund 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 Achilles Chit Fund?

Unlock and access historical data on people associated with Achilles Chit Fund, 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 Achilles Chit Fund, 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 Achilles Chit Fund'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 Achilles Chit Fund

Recent activity within the organization

  • Annual General Meeting

    Achilles Chit Fund Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Achilles Chit Fund Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Kaspar Yuvaraj was appointed as a Director was appointed as a Director on 07 Jan 2019 & has been associated with this company since 6 years 1 month .

    07 Jan 2019

  • Director Appointment

    Irudhayam Kaspar was appointed as a Director was appointed as a Director on 07 Jan 2019 & has been associated with this company since 6 years 1 month .

    07 Jan 2019

  • Company Incorporation

    Achilles Chit Fund Private Limited was registered on 07 Jan 2019 with Roc Chennai & aged 6 years 1 month as per MCA records.

    07 Jan 2019

Frequently asked questions

  • Achilles Chit Fund Private Limited was incorporated on 07 Jan 2019.

  • The authorized share capital of Achilles Chit Fund Private Limited is ₹ 5.00 M and paid-up capital is ₹ 1.10 M.

  • Currently 2 directors are associated with Achilles Chit Fund Private Limited.

    • Kaspar Yuvaraj
    • Irudhayam Kaspar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Achilles Chit Fund Private Limited is First Floor Door No. 7 Balavinayaga Nagar, Arumbakkam India, Chennai, Tamil Nadu, 600106.

  • The corporate identification number (CIN) of Achilles Chit Fund Private Limited is U67190TN2019PTC126736 and the company number is 126736 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Achilles Chit Fund Private Limited is https://www.achilleschitfund.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Achilles Chit Fund Private Limited has risen by 7587.25%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Achilles Chit Fund Private Limited has experienced an upsurge of 9.53%.

  • The most recent Balance Sheet for Achilles Chit Fund Private Limited was filed with the ROC on 31 Mar 2023.

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