Akkur Financial Chit Corporation Private Limited

Provides chit fund services since 1950, based in Tamil Nadu.

1950 | Nagapattinam, Tamil Nadu (India) | Active
Last Updated:

Akkur Financial Chit Corporation Profile

Key Indicators

  • Authorised Capital ₹ 0.30 M
  • Paid Up Capital ₹ 0.20 M
  • Company Age 74 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -0.52%
  • Profit Growth -75.42%
  • Ebitda 251.78%
  • Net Worth 0.14%
  • Total Assets -8.27%

About Akkur Financial Chit Corporation

Akkur Financial Chit Corporation Private Limited (AFCCPL) was founded in India on 25 October 1950 and has a glorious history of 74 years and four months.Its registered office is in Nagapattinam, 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 0.30 M and a paid-up capital of Rs 0.20 M, as per Ministry of Corporate Affairs (MCA) records.

Ramalingam Kalyanasundaram, Sulochana Kalyanasundaram, Krishnan, and One other member serve as directors at the Company.

Company Details

  • Location

    Nagapattinam, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65992TN1950PTC000153

  • Company No.

    000153

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Oct 1950

  • Date of AGM

    21 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services
Company report

Akkur Financial Chit Corporation Private Limited

Explore comprehensive data for Akkur Financial Chit Corporation Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Akkur Financial Chit Corporation?

Executive Team (1)

NameDesignationAppointment DateStatus
Krishnan Country flag representing In Managing Director15-May-1992Current

Board Members (3)

NameDesignationAppointment DateStatus
Ramalingam Kalyanasundaram Country flag representing In Director 31-Mar-1986Current
Sulochana Kalyanasundaram Country flag representing In Director 02-Jul-1984Current
Anandhavalli Arumugam Country flag representing In Director 20-Jul-2015Current

Financial Performance of Akkur Financial Chit Corporation.

Akkur Financial Chit Corporation Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 0.52% decrease. The company also saw a substantial fall in profitability, with a 75.42% decrease in profit. The company's net worth moved up by a moderate rise of 0.14%.

Akkur Financial Chit Corporation revenue growth over time
Akkur Financial Chit Corporation 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
-0.52%
Revenue from Operations
-0.52%
Total Assets
-8.27%
Profit or Loss
-75.42%
Net Worth
0.14%
EBITDA
251.78%

What is the Ownership and Shareholding Structure of Akkur Financial Chit Corporation?

In 2021, Akkur Financial Chit Corporation 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 Akkur Financial Chit Corporation?

Akkur Financial Chit Corporation has a workforce of 10 employees as of Mar 31, 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 Akkur Financial Chit Corporation Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Akkur Financial Chit Corporation, 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 Akkur Financial Chit Corporation'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 Akkur Financial Chit Corporation

Recent activity within the organization

  • Annual General Meeting

    Akkur Financial Chit Corporation Private Limited last Annual general meeting of members was held on 21 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Akkur Financial Chit Corporation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Director Appointment

    Anandhavalli Arumugam was appointed as a Director was appointed as a Director on 20 Jul 2015 & has been associated with this company since 9 years 7 months .

  • Director Appointment

    Krishnan was appointed as a Managing Director was appointed as a Managing Director on 15 May 1992 & has been associated with this company since 32 years 10 months .

  • Director Appointment

    Ramalingam Kalyanasundaram was appointed as a Director was appointed as a Director on 31 Mar 1986 & has been associated with this company since 38 years 11 months .

  • Director Appointment

    Sulochana Kalyanasundaram was appointed as a Director was appointed as a Director on 02 Jul 1984 & has been associated with this company since 40 years 8 months .

Frequently asked questions

  • What is the Incorporation or founding date of Akkur Financial Chit Corporation Private Limited?

    Akkur Financial Chit Corporation Private Limited was incorporated on 25 Oct 1950.

  • What is authorized share capital and paid-up capital of Akkur Financial Chit Corporation Private Limited?

    The authorized share capital of Akkur Financial Chit Corporation Private Limited is ₹ 0.30 M and paid-up capital is ₹ 0.20 M.

  • Who are the current board members & directors of Akkur Financial Chit Corporation Private Limited?

    Currently 4 directors are associated with Akkur Financial Chit Corporation Private Limited.

    • Ramalingam Kalyanasundaram
    • Sulochana Kalyanasundaram
    • Krishnan
    • Anandhavalli Arumugam

  • What is the registered address of Akkur Financial Chit Corporation Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Akkur Financial Chit Corporation Private Limited is No.13/B First Floor, Cutchery Road India, Mayiladuthurai, Tamil Nadu, 609001.

  • What is the corporate identification number (CIN) and company number of Akkur Financial Chit Corporation Private Limited?

    The corporate identification number (CIN) of Akkur Financial Chit Corporation Private Limited is U65992TN1950PTC000153 and the company number is 000153 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Akkur Financial Chit Corporation Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Akkur Financial Chit Corporation Private Limited has fallen by -0.52%.

  • How many employees does Akkur Financial Chit Corporation Private Limited currently have?

    As Per 2022 financial reports, 10 employees are currently employed by Akkur Financial Chit Corporation Private Limited.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Akkur Financial Chit Corporation Private Limited has experienced an upsurge of 0.14%.

  • When was the last Balance Sheet of Akkur Financial Chit Corporation Private Limited filed with the ROC?

    The most recent Balance Sheet for Akkur Financial Chit Corporation Private Limited was filed with the ROC on 31 Mar 2024.

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