Ashoka Chits Private Limited

Founded in 1984 and headquartered in Tamil Nadu, India.

1984 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: December 08, 2024

Ashoka Chits Profile

Key Indicators

  • Authorised Capital ₹ 1.20 M
  • Paid Up Capital ₹ 1.15 M
  • Company Age 40 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 9.76%
  • Profit Growth -73.59%
  • Ebitda 84.53%
  • Net Worth 5.15%
  • Total Assets -0.39%

About Ashoka Chits

Ashoka Chits Private Limited (ACPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 October 1984 and has a history of 40 years and three months. 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 1.20 M and a paid-up capital of Rs 1.15 M, as per Ministry of Corporate Affairs (MCA) records.

Rajagopalachettiar Baskaran, Sethumadhavan Badrinarayanan, Badrinarayanan Gautam, and Three other members 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

    U65992TZ1984PTC001502

  • Company No.

    001502

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Oct 1984

  • 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 Ashoka Chits?

Executive Team (1)

Name Designation Appointment Date Status
Rajagopalachettiar Baskaran Country flag representing In Managing Director 20-Oct-1984 Current

Board Members (5)

Name Designation Appointment Date Status
Sethumadhavan Badrinarayanan Country flag representing In Director 20-Oct-1984 Current
Badrinarayanan Gautam Country flag representing In Director 17-Sep-2020 Current
Venkatesan Vasanthi Country flag representing In Director 17-Sep-2020 Current
Shreyas Sabarinath Country flag representing In Director 15-Apr-2024 Current
Venkatesh Dhilihp Country flag representing In Director 15-Apr-2024 Current

Financial Performance of Ashoka Chits.

Ashoka Chits Private Limited, for the financial year ended 2019, experienced modest growth in revenue, with a 9.76% increase. The company also saw a substantial fall in profitability, with a 73.59% decrease in profit. The company's net worth moved up by a moderate rise of 5.15%.

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
9.76%
Revenue from Operations
11.66%
Total Assets
-0.39%
Profit or Loss
-73.59%
Net Worth
5.15%
EBITDA
84.53%

What is the Ownership and Shareholding Structure of Ashoka Chits?

In 2017, Ashoka 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Ashoka Chits?

Unlock and access historical data on people associated with Ashoka Chits, 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 Ashoka 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 Ashoka 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 Ashoka Chits

Recent activity within the organization

  • Director Appointment

    Shreyas Sabarinath was appointed as a Director was appointed as a Director on 15 Apr 2024 & has been associated with this company since 9 months 20 days .

    15 Apr 2024

  • Director Appointment

    Venkatesh Dhilihp was appointed as a Director was appointed as a Director on 15 Apr 2024 & has been associated with this company since 9 months 20 days .

    15 Apr 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Director Appointment

    Badrinarayanan Raj Gautam was appointed as a Director was appointed as a Director on 17 Sep 2020 & has been associated with this company since 4 years 4 months .

    17 Sep 2020

  • Director Appointment

    Venkatesan Vasanthi was appointed as a Director was appointed as a Director on 17 Sep 2020 & has been associated with this company since 4 years 4 months .

    17 Sep 2020

Frequently asked questions

  • Ashoka Chits Private Limited was incorporated on 20 Oct 1984.

  • The authorized share capital of Ashoka Chits Private Limited is ₹ 1.20 M and paid-up capital is ₹ 1.15 M.

  • Currently 6 directors are associated with Ashoka Chits Private Limited.

    • Rajagopalachettiar Baskaran
    • Sethumadhavan Badrinarayanan
    • Badrinarayanan Raj Gautam
    • Venkatesan Vasanthi
    • Shreyas Sabarinath
    • Venkatesh Dhilihp
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ashoka Chits Private Limited is 1250Big Bazaar Street Vasavi Complex India, Coimbatore, Tamil Nadu, 641001.

  • The corporate identification number (CIN) of Ashoka Chits Private Limited is U65992TZ1984PTC001502 and the company number is 001502 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2019, the revenue trend for Ashoka Chits Private Limited has risen by 9.76%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Ashoka Chits Private Limited has experienced an upsurge of 5.15%.

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

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