Avenue Super Chits Private Limited
Provides financial and related services since 1992, based in Bangalore, Karnataka.
1992 | Bangaluru, Karnataka (India) | Active
Avenue Super Chits Profile
Key Indicators
- Authorised Capital ₹ 4.00 M
- Paid Up Capital ₹ 2.04 M
- Company Age 33 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.06 Cr
- Satisfied Charges ₹ 0.80 M
- Revenue Growth 16.60%
- Profit Growth 17.39%
- Ebitda 306.97%
- Net Worth 5.86%
- Total Assets -5.06%
About Avenue Super Chits
Avenue Super Chits Private Limited (ASCPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 January 1992 and has a history of 33 years and one month. Its registered office is in Bangaluru, Karnataka, 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 4.00 M and a paid-up capital of Rs 2.04 M.
The company currently has active open charges totaling ₹2.06 Cr. The company has closed loans amounting to ₹0.80 M, as per Ministry of Corporate Affairs (MCA) records.
Kavital Lakshminarayana and Anuradha Lakshminarayana serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65992KA1992PTC012723
- Company No.
012723
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
17 Jan 1992
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Financial Services
Avenue Super Chits Private Limited
Explore comprehensive data for Avenue Super Chits Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Avenue Super Chits?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kavital Lakshminarayana  | Managing Director | 17-Jan-1992 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Anuradha Lakshminarayana | Whole-Time Director | 10-Jun-1998 | Current |
Financial Performance of Avenue Super Chits.
Avenue Super Chits Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.6% increase. The company also saw a substantial improvement in profitability, with a 17.39% increase in profit. The company's net worth moved up by a moderate rise of 5.86%.
- 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 Avenue Super Chits?
In 2023, Avenue Super 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.
Charges (Loans)
Open Charges
₹20.65 M
Satisfied Charges
₹0.80 M
Charges Breakdown by Lending Institutions
- Others : 1.54 Cr
- Syndicate Bank : 0.49 Cr
- State Bank Of Mysore : 0.03 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Jun 2020 | Others | ₹2.45 M | Open |
| 01 Oct 2013 | Others | ₹1.30 Cr | Open |
| 05 May 2010 | Syndicate Bank | ₹4.90 M | Open |
| 04 Feb 1995 | State Bank Of Mysore | ₹0.30 M | Open |
| 22 Aug 2013 | Karur Vysya Bank | ₹0.80 M | Satisfied |
How Many Employees Work at Avenue Super Chits?
Unlock and access historical data on people associated with Avenue Super Chits, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Avenue Super 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 Avenue Super 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 Avenue Super Chits
Recent activity within the organization
- Annual General Meeting
Avenue Super Chits Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Avenue Super Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge with Others amounted to Rs. 2.45 M with Charge ID 100386127 was registered on 18 Jun 2020.
- Charges
A charge with Others of Rs. 13.00 M registered on 01 Oct 2013 with Charge ID 10462392 was modified on 16 Oct 2017.
- Charges
A charge registered on 22 Aug 2013 via Charge ID 10447517 with Karur Vysya Bank was fully satisfied on 21 Dec 2013.
- Charges
A charge with Others amounted to Rs. 13.00 M with Charge ID 10462392 was registered on 01 Oct 2013.
Frequently asked questions
What is the Incorporation or founding date of Avenue Super Chits Private Limited?
Avenue Super Chits Private Limited was incorporated on 17 Jan 1992.
What is authorized share capital and paid-up capital of Avenue Super Chits Private Limited?
The authorized share capital of Avenue Super Chits Private Limited is ₹ 4.00 M and paid-up capital is ₹ 2.04 M.
Who are the current board members & directors of Avenue Super Chits Private Limited?
Currently 2 directors are associated with Avenue Super Chits Private Limited.
- Kavital Lakshminarayana
- Anuradha Lakshminarayana
What is the registered address of Avenue Super Chits Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Avenue Super Chits Private Limited is No. 21 Second Floor Hospital Road, Near Menakatheatre India, Bangalore, Karnataka, 560053.
What is the corporate identification number (CIN) and company number of Avenue Super Chits Private Limited?
The corporate identification number (CIN) of Avenue Super Chits Private Limited is U65992KA1992PTC012723 and the company number is 012723 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Avenue Super Chits Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Avenue Super Chits Private Limited has risen by 16.60%.
What change has been observed in the net worth of Avenue Super Chits Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Avenue Super Chits Private Limited has experienced an upsurge of 5.86%.
What are the total open charges for Avenue Super Chits Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Avenue Super Chits Private Limited amount to ₹ 2.06 Cr.
When was the last Balance Sheet of Avenue Super Chits Private Limited filed with the ROC?
The most recent Balance Sheet for Avenue Super Chits Private Limited was filed with the ROC on 31 Mar 2024.
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
SN
Srinivasulu NeelurDirectorKS
Kavital SrinivasDirector