Ang Chit Fund Private Limited

Manages chit fund activity for clients.

2002 | Hyderabad, Telangana (India) | Active
Last Updated: December 12, 2024

Ang Chit Fund Profile

Key Indicators

  • Authorised Capital ₹ 2.70 M
  • Paid Up Capital ₹ 1.96 M
  • Company Age 22 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.56 M
  • Revenue Growth -17.91%
  • Profit Growth 21.75%
  • Ebitda 235.24%
  • Net Worth 25.34%
  • Total Assets -8.00%

About Ang Chit Fund

Ang Chit Fund Private Limited (ACFPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 August 2002 and has a history of 22 years and five months. Its registered office is in Hyderabad, Telangana, 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 2.70 M and a paid-up capital of Rs 1.96 M.

The company currently has active open charges totaling ₹2.56 M.

Gopala Uppalapati and Nirmala Uppalapati serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65992TG2002PTC039524

  • Company No.

    039524

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Aug 2002

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Financial Services

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

Executive Team (1)

Name Designation Appointment Date Status
Gopala Uppalapati Country flag representing In Managing Director 01-Oct-2002 Current

Board Members (1)

Name Designation Appointment Date Status
Nirmala Uppalapati Country flag representing In Director 01-Jan-2003 Current

Financial Performance of Ang Chit Fund.

Ang Chit Fund Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 17.91% decrease. The company also saw a substantial improvement in profitability, with a 21.75% increase in profit. The company's net worth Soared by an impressive increase of 25.34%.

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
-17.91%
Revenue from Operations
-17.56%
Total Assets
-8.00%
Profit or Loss
21.75%
Net Worth
25.34%
EBITDA
235.24%

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

In 2021, Ang 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)

Open Charges

₹2.56 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.16 Cr
  • State Bank Of India : 0.10 Cr

Latest Charge Details

Date Lender Amount Status
04 Jun 2022 Others ₹1.60 M Open
21 Oct 2010 State Bank Of India ₹0.96 M Open

How Many Employees Work at Ang Chit Fund?

Unlock and access historical data on people associated with Ang 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 Ang 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 Ang 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 Ang Chit Fund

Recent activity within the organization

  • Annual General Meeting

    Ang Chit Fund Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Ang Chit Fund Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 1.60 M with Charge ID 100587069 was registered on 04 Jun 2022.

    04 Jun 2022

  • Charges

    A charge with State Bank Of India amounted to Rs. 0.96 M with Charge ID 10248766 was registered on 21 Oct 2010.

    21 Oct 2010

  • Director Appointment

    Nirmala Rani Uppalapati was appointed as a Director was appointed as a Director on 01 Jan 2003 & has been associated with this company since 22 years 1 month .

    01 Jan 2003

  • Director Appointment

    Gopala Krishna Uppalapati was appointed as a Managing Director was appointed as a Managing Director on 01 Oct 2002 & has been associated with this company since 22 years 4 months .

    01 Oct 2002

Frequently asked questions

  • Ang Chit Fund Private Limited was incorporated on 28 Aug 2002.

  • The authorized share capital of Ang Chit Fund Private Limited is ₹ 2.70 M and paid-up capital is ₹ 1.96 M.

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

    • Gopala Krishna Uppalapati
    • Nirmala Rani Uppalapati
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ang Chit Fund Private Limited is Plot No.102, Mahendra Residencyameerpet India, Hyderabad-16., Telangana, 500016.

  • The corporate identification number (CIN) of Ang Chit Fund Private Limited is U65992TG2002PTC039524 and the company number is 039524 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Ang Chit Fund Private Limited has fallen by -17.91%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Ang Chit Fund Private Limited has experienced an upsurge of 25.34%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Ang Chit Fund Private Limited amount to ₹ 2.56 M.

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