Akpm Chit Private Limited

Organizes and conducts chit auctions for monthly, bimonthly, and weekly intervals.

1997 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: December 11, 2024

Akpm Chit Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 3.00 M
  • Company Age 27 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.99 M
  • Revenue Growth 27.93%
  • Profit Growth 40.61%
  • Ebitda 1453.26%
  • Net Worth 24.17%
  • Total Assets 18.71%

About Akpm Chit

Akpm Chit Private Limited (ACPL) is a Private Limited Indian Non-Government Company incorporated in India on 31 December 1997 and has a history of 27 years and one month. 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 2023. It's a company limited by shares with an authorized capital of Rs 3.00 M and a paid-up capital of Rs 3.00 M.

The company currently has active open charges totaling ₹4.99 M.

Jancyrani Abbirakham and Rajasekar Abirakham 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

    U65992TZ1997PTC008245

  • Company No.

    008245

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Dec 1997

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Financial Services

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

Executive Team (1)

NameDesignationAppointment DateStatus
Rajasekar Abirakham Country flag representing In Managing Director31-Dec-1997Current

Board Members (1)

NameDesignationAppointment DateStatus
Jancyrani Abbirakham Country flag representing In Director 31-Dec-1997Current

Financial Performance of Akpm Chit.

Akpm Chit Private Limited, for the financial year ended 2018, experienced significant growth in revenue, with a 27.93% increase. The company also saw a substantial improvement in profitability, with a 40.61% increase in profit. The company's net worth Soared by an impressive increase of 24.17%.

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
27.93%
Revenue from Operations
44.86%
Total Assets
18.71%
Profit or Loss
40.61%
Net Worth
24.17%
EBITDA
1453.26%

What is the Ownership and Shareholding Structure of Akpm Chit?

In 2018, Akpm Chit 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

₹4.99 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.38 Cr
  • Karnataka Bank Ltd. : 0.12 Cr

Latest Charge Details

DateLenderAmountStatus
30 Aug 2022Others₹3.80 MOpen
18 Feb 2020Karnataka Bank Ltd.₹1.19 MOpen

How Many Employees Work at Akpm Chit?

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

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Akpm Chit Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 3.80 M with Charge ID 100609321 was registered on 30 Aug 2022.

    30 Aug 2022

  • Charges

    A charge with Karnataka Bank Ltd. amounted to Rs. 1.19 M with Charge ID 100345194 was registered on 18 Feb 2020.

    18 Feb 2020

  • Director Appointment

    Jancyrani Abbirakham was appointed as a Director was appointed as a Director on 31 Dec 1997 & has been associated with this company since 27 years 1 month .

    31 Dec 1997

  • Director Appointment

    Rajasekar Abirakham was appointed as a Managing Director was appointed as a Managing Director on 31 Dec 1997 & has been associated with this company since 27 years 1 month .

    31 Dec 1997

Frequently asked questions

  • Akpm Chit Private Limited was incorporated on 31 Dec 1997.

  • The authorized share capital of Akpm Chit Private Limited is ₹ 3.00 M and paid-up capital is ₹ 3.00 M.

  • Currently 2 directors are associated with Akpm Chit Private Limited.

    • Jancyrani Abbirakham
    • Rajasekar Abirakham
  • As per Ministry of Corporate Affairs (Mca), the registered address of Akpm Chit Private Limited is 505 Elim Tower Nanjundapuram Road, India, Ramanathapuram, Tamil Nadu, 641045.

  • The corporate identification number (CIN) of Akpm Chit Private Limited is U65992TZ1997PTC008245 and the company number is 008245 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2018, the revenue trend for Akpm Chit Private Limited has risen by 27.93%.

  • The financial reports for the fiscal year 2018 indicates that The net worth of Akpm Chit Private Limited has experienced an upsurge of 24.17%.

  • As per the financial statements for fiscal Year 2018, The total open charges for Akpm Chit Private Limited amount to ₹ 4.99 M.

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

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