Associated Fincorp & Chits (I) Private Limited

Provides financial intermediation services and deals in kuri, chitties, and kitty.

2016 | Pune, Maharashtra (India) | Active
Last Updated: December 05, 2024

Associated Fincorp & Chits (I) Profile

Key Indicators

  • Authorised Capital ₹ 1.75 Cr
  • Paid Up Capital ₹ 1.72 Cr
  • Company Age 8 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 0.55 M
  • Revenue Growth -18.59%
  • Profit Growth -1212.85%
  • Ebitda -306.40%
  • Net Worth -86.07%
  • Total Assets -25.92%

About Associated Fincorp & Chits (I)

Associated Fincorp & Chits (I) Private Limited (AFCIPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 September 2016 (Eight years and four months 10 days old ). Its registered office is in Pune, Maharashtra, 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 1.75 Cr and a paid-up capital of Rs 1.72 Cr.

The company currently has active open charges totaling ₹0.55 M.

Harinarayanan Raman and Saji Varkey serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999PN2016PTC166546

  • Company No.

    166546

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Sep 2016

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Financial Services

Who are the key members and board of directors at Associated Fincorp & Chits (I)?

Board Members (2)

Name Designation Appointment Date Status
Saji Varkey Country flag representing In Director 28-Feb-2019 Current
Harinarayanan Raman Country flag representing In Director 15-Dec-2016 Current

Financial Performance of Associated Fincorp & Chits (I).

Associated Fincorp & Chits (I) Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 18.59% decrease. The company also saw a substantial fall in profitability, with a 1212.85% decrease in profit. The company's net worth observed a substantial decline by a decrease of 86.07%.

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
-18.59%
Revenue from Operations
-15.51%
Total Assets
-25.92%
Profit or Loss
-1212.85%
Net Worth
-86.07%
EBITDA
-306.40%

What is the Ownership and Shareholding Structure of Associated Fincorp & Chits (I)?

Unlock access to Associated Fincorp & Chits (I)'s control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.06 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.06 Cr

Latest Charge Details

Date Lender Amount Status
30 Sep 2019 Others ₹0.55 M Open

How Many Employees Work at Associated Fincorp & Chits (I)?

Associated Fincorp & Chits (I) has a workforce of 18 employees as of Apr 03, 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 Associated Fincorp & Chits (I), 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 Associated Fincorp & Chits (I)'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 Associated Fincorp & Chits (I)

Recent activity within the organization

  • Annual General Meeting

    Associated Fincorp & Chits (I) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Associated Fincorp & Chits (I) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 0.06 Cr with Charge ID 100297416 was registered on 30 Sep 2019.

    30 Sep 2019

  • Director Appointment

    Saji Varkey was appointed as a Director was appointed as a Director on 28 Feb 2019 & has been associated with this company since 5 years 11 months .

    28 Feb 2019

  • Director Appointment

    Harinarayanan Kandanath Raman was appointed as a Director was appointed as a Director on 15 Dec 2016 & has been associated with this company since 8 years 1 month .

    15 Dec 2016

  • Company Incorporation

    Associated Fincorp & Chits (I) Private Limited was registered on 23 Sep 2016 with Roc Pune & aged 8 years 4 months as per MCA records.

    23 Sep 2016

Frequently asked questions

  • Associated Fincorp & Chits (I) Private Limited was incorporated on 23 Sep 2016.

  • The authorized share capital of Associated Fincorp & Chits (I) Private Limited is ₹ 1.75 Cr and paid-up capital is ₹ 1.72 Cr.

  • Currently 2 directors are associated with Associated Fincorp & Chits (I) Private Limited.

    • Harinarayanan Kandanath Raman
    • Saji Varkey
  • As per Ministry of Corporate Affairs (Mca), the registered address of Associated Fincorp & Chits (I) Private Limited is Sno 150 151, 153 First Floor Fusion Park Morwadi Pimpri India, Pune, Maharashtra, 411018.

  • The corporate identification number (CIN) of Associated Fincorp & Chits (I) Private Limited is U74999PN2016PTC166546 and the company number is 166546 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Associated Fincorp & Chits (I) Private Limited is https://www.acfplgroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Associated Fincorp & Chits (I) Private Limited has fallen by -18.59%.

  • As Per 2023 financial reports, 18 employees are currently employed by Associated Fincorp & Chits (I) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Associated Fincorp & Chits (I) Private Limited has experienced an downturn of -86.07%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Associated Fincorp & Chits (I) Private Limited amount to ₹ 0.55 M.

  • The most recent Balance Sheet for Associated Fincorp & Chits (I) Private Limited was filed with the ROC on 31 Mar 2024.

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