Ajitha Chit Funds Private Limited

Provides financial services in chit fund sector since 1983.

1983 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: January 10, 2025

Ajitha Chit Funds Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.60 M
  • Company Age 41 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth %
  • Profit Growth -107.59%
  • Ebitda -230.68%
  • Net Worth -1.20%
  • Total Assets 0.37%

About Ajitha Chit Funds

Ajitha Chit Funds Private Limited (ACFPL) is a Private Limited Indian Non-Government Company incorporated in India on 07 April 1983 and has a history of 41 years and ten months. Its registered office is in Coimbatore, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.60 M, as per Ministry of Corporate Affairs (MCA) records.

Thandayamparambil Sekharan and Thandayamparambil Sekharan serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65992TZ1983PTC001268

  • Company No.

    001268

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Apr 1983

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Financial Services

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

Executive Team (1)

Name Designation Appointment Date Status
Thandayamparambil Sekharan Country flag representing In Managing Director 07-Apr-1983 Current

Board Members (1)

Name Designation Appointment Date Status
Thandayamparambil Sekharan Country flag representing In Director 07-Apr-1993 Current

Financial Performance of Ajitha Chit Funds.

Ajitha 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 107.59% decrease in profit. The company's net worth dipped by a decrease of 1.2%.

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
0.37%
Profit or Loss
-107.59%
Net Worth
-1.20%
EBITDA
-230.68%

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

In 2022, Ajitha Chit Funds had a public holding of 53.75%. 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 Ajitha Chit Funds?

Unlock and access historical data on people associated with Ajitha 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 Ajitha 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 Ajitha 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 Ajitha Chit Funds

Recent activity within the organization

  • Annual General Meeting

    Ajitha 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

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

    31 Mar 2024

  • Director Appointment

    Thandayamparambil Prasannakumar Sekharan was appointed as a Director was appointed as a Director on 07 Apr 1993 & has been associated with this company since 31 years 10 months .

    07 Apr 1993

  • Director Appointment

    Thandayamparambil Harishkumar Sekharan was appointed as a Managing Director was appointed as a Managing Director on 07 Apr 1983 & has been associated with this company since 41 years 10 months .

    07 Apr 1983

  • Company Incorporation

    Ajitha Chit Funds Private Limited was registered on 07 Apr 1983 with Roc Coimbatore & aged 41 years 10 months as per MCA records.

    07 Apr 1983

Frequently asked questions

  • Ajitha Chit Funds Private Limited was incorporated on 07 Apr 1983.

  • The authorized share capital of Ajitha Chit Funds Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.60 M.

  • Currently 2 directors are associated with Ajitha Chit Funds Private Limited.

    • Thandayamparambil Prasannakumar Sekharan
    • Thandayamparambil Harishkumar Sekharan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ajitha Chit Funds Private Limited is 98 Kaleeswarar Nagar Kattoor India, Coimbatore, Tamil Nadu, 641009.

  • The corporate identification number (CIN) of Ajitha Chit Funds Private Limited is U65992TZ1983PTC001268 and the company number is 001268 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2022 indicates that The net worth of Ajitha Chit Funds Private Limited has experienced an downturn of -1.20%.

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