Akshodaya Chits (Bangalore) Limited

Akshodaya Chits (Bangalore) Limited

Manages chit fund business since 2014, based in Bangalore, Karnataka.
2014 | Bangalore, Karnataka (India) | Active

Last Updated:

July 29, 2024
HomeCompanyAkshodaya Chits (Bangalore) Limited

Who are the key members and board of directors at Akshodaya Chits (Bangalore)?

Executive Team (1)

NameDesignationAppointment DateStatus
Shettyhalli Jayaram InManaging Director20-Mar-2014Current

Board Members(2)

NameDesignationAppointment DateStatus
Tuppudmadu Varalakshmi In Director 25-Mar-2016Current
Jayarama Hari In Director 12-May-2023Current

Financial Performance of Akshodaya Chits (Bangalore).

Akshodaya Chits (Bangalore) Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 60.03% increase. The company also saw a substantial improvement in profitability, with a 34.93% increase in profit. The company's net worth Soared by an impressive increase of 26.72%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
60.03%
Revenue from Operations
61.37%
Total Assets
4.47%
Profit or Loss
34.93%
Net Worth
26.72%
EBITDA
77.22%

Charges (Loans)

Open Charges

₹30.38 M

LenderAmountStatus

Hdfc Bank Limited

Creation Date: 20 Apr 2021
₹1.00 MOpen

Others

Creation Date: 10 Mar 2016
₹2.94 CrOpen

How Many Employees Work at Akshodaya Chits (Bangalore)?

Unlock and access historical data on people associated with Akshodaya Chits (Bangalore), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Graph

Deals i

Rating

Alerts

Latest Updates, News, and FAQs on Akshodaya Chits (Bangalore)

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 29.38 M registered on 10 Mar 2016 with Charge ID 100027889 was modified on 31 Oct 2023.

    31 Oct 2023

  • Annual General Meeting

    Akshodaya Chits (Bangalore) Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Director Appointment

    Jayarama Hari was appointed as a Director was appointed as a Director on 12 May 2023 & has been associated with this company since 1 year 7 months .

    12 May 2023

  • Balance Sheet

    Akshodaya Chits (Bangalore) Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.00 M with Charge ID 100449407 was registered on 20 Apr 2021.

    20 Apr 2021

  • Director Appointment

    Tuppudmadu Krishnappa Varalakshmi was appointed as a Director was appointed as a Director on 25 Mar 2016 & has been associated with this company since 8 years 8 months .

    25 Mar 2016

Frequently asked questions

  • Akshodaya Chits (Bangalore) Limited was incorporated on 20 Mar 2014.

  • The authorized share capital of Akshodaya Chits (Bangalore) Limited is ₹ 2.00 M and paid-up capital is ₹ 1.90 M.

  • Currently 3 directors are associated with Akshodaya Chits (Bangalore) Limited.

    • Shettyhalli Arasashetty Jayaram
    • Tuppudmadu Krishnappa Varalakshmi
    • Jayarama Hari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Akshodaya Chits (Bangalore) Limited is 44/1 4Th Cross Road Malleswaram Dattatreya Temple, Bangalore, Karnataka, India, 560003.

  • The corporate identification number (CIN) of Akshodaya Chits (Bangalore) Limited is U65992KA2014PLC074246 and the company number is 074246 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Akshodaya Chits (Bangalore) Limited has risen by 60.03%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Akshodaya Chits (Bangalore) Limited has experienced an upsurge of 26.72%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Akshodaya Chits (Bangalore) Limited amount to ₹ 3.04 Cr.

  • The most recent Balance Sheet for Akshodaya Chits (Bangalore) Limited was filed with the ROC on 31 Mar 2023.

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