Aruvi Chits Private Limited

Provides chit fund services in accordance with Tamil Nadu chit funds act.

2006 | Udumalpet, Tamil Nadu (India) | Active
Last Updated: December 09, 2024

Aruvi Chits Profile

Key Indicators

  • Authorised Capital ₹ 6.50 M
  • Paid Up Capital ₹ 6.20 M
  • Company Age 19 Year, 13 Days
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 3.50 M
  • Revenue Growth 4.25%
  • Profit Growth -397.93%
  • Ebitda -6.99%
  • Net Worth -2.59%
  • Total Assets 9.87%

About Aruvi Chits

Aruvi Chits Private Limited (ACPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 January 2006 and has a history of 19 years. Its registered office is in Udumalpet, Tamil Nadu.

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 6.50 M and a paid-up capital of Rs 6.20 M.

The company has closed loans amounting to ₹3.50 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Sasi Akhilamanimoli, Sivalingam Sasiganeshkumar, and Sivalingam Sarathamani serve as directors at the Company.

Company Details

  • Location
    Udumalpet, Tamil Nadu
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65992TZ2006PTC012504

  • Company No.

    012504

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Jan 2006

  • 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 Aruvi Chits?

Executive Team (1)

Name Designation Appointment Date Status
Sasi Akhilamanimoli Country flag representing In Managing Director 25-Jan-2006 Current

Board Members (2)

Name Designation Appointment Date Status
Sivalingam Sasiganeshkumar Country flag representing In Director 25-Jan-2006 Current
Sivalingam Sarathamani Country flag representing In Director 10-Apr-2017 Current

Financial Performance of Aruvi Chits.

Aruvi Chits Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 4.25% increase. The company also saw a substantial fall in profitability, with a 397.93% decrease in profit. The company's net worth dipped by a decrease of 2.59%.

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
4.25%
Revenue from Operations
3.60%
Total Assets
9.87%
Profit or Loss
-397.93%
Net Worth
-2.59%
EBITDA
-6.99%

What is the Ownership and Shareholding Structure of Aruvi Chits?

In 2019, Aruvi Chits 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

₹0

Satisfied Charges

₹3.50 M

Charges Breakdown by Lending Institutions

  • City Union Bank Limited : 0.35 Cr

Latest Charge Details

Date Lender Amount Status
14 Mar 2017 City Union Bank Limited ₹3.50 M Satisfied

How Many Employees Work at Aruvi Chits?

Aruvi Chits has a workforce of 4 employees as of Apr 01, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Aruvi Chits, 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 Aruvi Chits'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 Aruvi Chits

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Aruvi Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

    31 Mar 2024

  • Charges

    A charge registered on 14 Mar 2017 via Charge ID 100097376 with City Union Bank Limited was fully satisfied on 21 Feb 2022.

    21 Feb 2022

  • Director Appointment

    Sivalingam Sarathamani was appointed as a Director was appointed as a Director on 10 Apr 2017 & has been associated with this company since 7 years 9 months .

    10 Apr 2017

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 3.50 M with Charge ID 100097376 was registered on 14 Mar 2017.

    14 Mar 2017

  • Director Appointment

    Sasi Ganesh Kumar Akhilamanimoli was appointed as a Managing Director was appointed as a Managing Director on 25 Jan 2006 & has been associated with this company since 19 years 13 days .

    25 Jan 2006

Frequently asked questions

  • Aruvi Chits Private Limited was incorporated on 25 Jan 2006.

  • The authorized share capital of Aruvi Chits Private Limited is ₹ 6.50 M and paid-up capital is ₹ 6.20 M.

  • Currently 3 directors are associated with Aruvi Chits Private Limited.

    • Sasi Ganesh Kumar Akhilamanimoli
    • Sivalingam Saradhamani Sasiganeshkumar
    • Sivalingam Sarathamani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Aruvi Chits Private Limited is 167/4 167/5, Palani Road India, Udumalpet, Tamil Nadu, 641154.

  • The corporate identification number (CIN) of Aruvi Chits Private Limited is U65992TZ2006PTC012504 and the company number is 012504 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Aruvi Chits Private Limited has risen by 4.25%.

  • As Per 2022 financial reports, 4 employees are currently employed by Aruvi Chits Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Aruvi Chits Private Limited has experienced an downturn of -2.59%.

  • The most recent Balance Sheet for Aruvi Chits Private Limited was filed with the ROC on 31 Mar 2024.