Askar Chits Private Limited
Founded in 2013 and headquartered in Telangana, India.
2013 | Nizamabad, Telangana (India) | Active
Askar Chits Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 9.60 M
- Company Age 12 Year, 2 Months
- Last Filing with ROC 31 Mar 2020
- Revenue Growth -30.42%
- Profit Growth -57.82%
- Ebitda 11.85%
- Net Worth -25.14%
- Total Assets -58.28%
About Askar Chits
Askar Chits Private Limited (ACPL) is a Private Limited Indian Non-Government Company incorporated in India on 09 January 2013 and has a history of 12 years and two months. Its registered office is in Nizamabad, 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 2020. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 9.60 M, as per Ministry of Corporate Affairs (MCA) records.
Mahesh Kotturi and Komma Dhanalaxmi serve as directors at the Company.
Company Details
- Location
Nizamabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U93030TG2013PTC085301
- Company No.
085301
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
09 Jan 2013
- Date of AGM
30 Dec 2020
- Date of Balance Sheet
31 Mar 2020
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Financial Services
Askar Chits Private Limited
Explore comprehensive data for Askar Chits Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Askar Chits?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mahesh Kotturi  | Whole-Time Director | 15-Jun-2015 | Current |
| Komma Dhanalaxmi | Director | 21-Dec-2017 | Current |
Financial Performance of Askar Chits.
Askar Chits Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 30.42% decrease. The company also saw a substantial fall in profitability, with a 57.82% decrease in profit. The company's net worth observed a substantial decline by a decrease of 25.14%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Askar Chits?
In 2017, Askar 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.
Related Corporates (Common Directorship)
- Askar Chits (Banswada) Private Limited
Mahesh Kotturi is a mutual person
- Askar Health Club Private Limited
Komma Dhanalaxmi is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Askar Chits?
Askar Chits has a workforce of 29 employees as of Apr 10, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Askar 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 Askar Chits's trajectory.
Rating
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
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 Askar Chits
Recent activity within the organization
- Annual General Meeting
Askar Chits Private Limited last Annual general meeting of members was held on 30 Dec 2020 as per latest MCA records.
- Balance Sheet
Askar Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Hyderabad.
- Director Appointment
Komma Dhanalaxmi was appointed as a Director was appointed as a Director on 21 Dec 2017 & has been associated with this company since 7 years 2 months .
- Director Appointment
Mahesh Kotturi was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 15 Jun 2015 & has been associated with this company since 9 years 8 months .
- Company Incorporation
Askar Chits Private Limited was registered on 09 Jan 2013 with Roc Hyderabad & aged 12 years 2 months as per MCA records.
Frequently asked questions
What is the Incorporation or founding date of Askar Chits Private Limited?
Askar Chits Private Limited was incorporated on 09 Jan 2013.
What is authorized share capital and paid-up capital of Askar Chits Private Limited?
The authorized share capital of Askar Chits Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 9.60 M.
Who are the current board members & directors of Askar Chits Private Limited?
Currently 2 directors are associated with Askar Chits Private Limited.
- Mahesh Kotturi
- Komma Dhanalaxmi
What is the registered address of Askar Chits Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Askar Chits Private Limited is 5-5-42 2Nd Floor Vivekananda Colony Opp Indian Oversis Bank Main Road, Kama Reddy India, Kamareddy, Telangana, 503111.
What is the corporate identification number (CIN) and company number of Askar Chits Private Limited?
The corporate identification number (CIN) of Askar Chits Private Limited is U93030TG2013PTC085301 and the company number is 085301 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Askar Chits Private Limited?
According to the financial reports for the fiscal year 2020, the revenue trend for Askar Chits Private Limited has fallen by -30.42%.
How many employees does Askar Chits Private Limited currently have?
As Per 2020 financial reports, 29 employees are currently employed by Askar Chits Private Limited.
What change has been observed in the net worth of Askar Chits Private Limited, and by what percentage?
The financial reports for the fiscal year 2020 indicates that The net worth of Askar Chits Private Limited has experienced an downturn of -25.14%.
When was the last Balance Sheet of Askar Chits Private Limited filed with the ROC?
The most recent Balance Sheet for Askar Chits Private Limited was filed with the ROC on 31 Mar 2020.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
SL
Sampath LokaDirectorSK
Srinu KommaManaging DirectorRB
Ramesh BonpallyDirectorKR
Karnam RamuluWholetime DirectorSJ
Swamy JellaWholetime Director