Asvl Chits Private Limited

Provides chit fund services as a foreman for promotion of chits, established in 2014.

2014 | Visakhapatnam, Andhra Pradesh (India) | Active
Last Updated: December 20, 2024

Asvl Chits Profile

Key Indicators

  • Authorised Capital ₹ 0.90 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 10 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth %
  • Profit Growth 98.25%
  • Ebitda 98.59%
  • Net Worth -0.83%
  • Total Assets -0.57%

About Asvl Chits

Asvl Chits Private Limited (ACPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 August 2014 and has a history of Ten years and five months. Its registered office is in Visakhapatnam, Andhra Pradesh, 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 0.90 M and a paid-up capital of Rs 0.50 M, as per Ministry of Corporate Affairs (MCA) records.

Rajender Bhararia, Mahesh Anumalisetti, and Anumalisetty Jagadeesh serve as directors at the Company.

Company Details

  • Location

    Visakhapatnam, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65992AP2014PTC094988

  • Company No.

    094988

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Aug 2014

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Financial Services

Who are the key members and board of directors at Asvl Chits?

Executive Team (1)

Name Designation Appointment Date Status
Mahesh Anumalisetti Country flag representing In Managing Director 05-Aug-2014 Current

Board Members (2)

Name Designation Appointment Date Status
Rajender Bhararia Country flag representing In Director 05-Aug-2014 Current
Anumalisetty Jagadeesh Country flag representing In Director 05-Aug-2014 Current

Financial Performance of Asvl Chits.

Asvl Chits Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 98.25% increase in profit. The company's net worth dipped by a decrease of 0.83%.

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
Revenue from Operations
Total Assets
-0.57%
Profit or Loss
98.25%
Net Worth
-0.83%
EBITDA
98.59%

What is the Ownership and Shareholding Structure of Asvl Chits?

In 2021, Asvl 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 Asvl Chits?

Unlock and access historical data on people associated with Asvl 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 Asvl 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 Asvl 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 Asvl Chits

Recent activity within the organization

  • Annual General Meeting

    Asvl 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

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

    31 Mar 2024

  • Director Appointment

    Rajender Bhararia was appointed as a Director was appointed as a Director on 05 Aug 2014 & has been associated with this company since 10 years 5 months .

    05 Aug 2014

  • Director Appointment

    Mahesh Anumalisetti was appointed as a Managing Director was appointed as a Managing Director on 05 Aug 2014 & has been associated with this company since 10 years 5 months .

    05 Aug 2014

  • Director Appointment

    Anumalisetty Jagadeesh was appointed as a Director was appointed as a Director on 05 Aug 2014 & has been associated with this company since 10 years 5 months .

    05 Aug 2014

  • Company Incorporation

    Asvl Chits Private Limited was registered on 05 Aug 2014 with Roc Vijayawada & aged 10 years 5 months as per MCA records.

    05 Aug 2014

Frequently asked questions

  • Asvl Chits Private Limited was incorporated on 05 Aug 2014.

  • The authorized share capital of Asvl Chits Private Limited is ₹ 0.90 M and paid-up capital is ₹ 0.50 M.

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

    • Rajender Bhararia
    • Mahesh Anumalisetti
    • Anumalisetty Jagadeesh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Asvl Chits Private Limited is D.No.9-1-248 First Floor Asilmetta Junction, Cbm Compound India, Visakhapatnam, Andhra Pradesh, 530003.

  • The corporate identification number (CIN) of Asvl Chits Private Limited is U65992AP2014PTC094988 and the company number is 094988 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2022 indicates that The net worth of Asvl Chits Private Limited has experienced an downturn of -0.83%.

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

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