Bhavithasri Chit Funds Private Limited

Chit fund company with branches in various locations, incorporated to conduct chit fund business in India.

2011 | Warangal, Telangana (India) | Active
Last Updated: December 03, 2024

Bhavithasri Chit Funds Profile

Key Indicators

  • Authorised Capital ₹ 7.30 Cr
  • Paid Up Capital ₹ 3.70 M
  • Company Age 13 Year, 8 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 4.95 M
  • Revenue Growth 29.48%
  • Profit Growth -70.42%
  • Ebitda -42.72%
  • Net Worth 16.47%
  • Total Assets 17.04%

About Bhavithasri Chit Funds

Bhavithasri Chit Funds Private Limited (BCFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 June 2011 and has a history of 13 years and eight months. Its registered office is in Warangal, 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 2022. It's a company limited by shares with an authorized capital of Rs 7.30 Cr and a paid-up capital of Rs 3.70 M.

The company currently has active open charges totaling ₹4.95 M.

Srinivas Thatipalli and Prakash Gunda serve as directors at the Company.

Company Details

  • Location

    Warangal, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    bhavithasrichits.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65910TG2011PTC074793

  • Company No.

    074793

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Jun 2011

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Financial Services

Who are the key members and board of directors at Bhavithasri Chit Funds?

Executive Team (1)

Name Designation Appointment Date Status
Srinivas Thatipalli Country flag representing In Managing Director 02-Jun-2011 Current

Board Members (1)

Name Designation Appointment Date Status
Prakash Gunda Country flag representing In Director 02-Jun-2011 Current

Financial Performance of Bhavithasri Chit Funds.

Bhavithasri Chit Funds Private Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 29.48% increase. The company also saw a substantial fall in profitability, with a 70.42% decrease in profit. The company's net worth Soared by an impressive increase of 16.47%.

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
29.48%
Revenue from Operations
24.28%
Total Assets
17.04%
Profit or Loss
-70.42%
Net Worth
16.47%
EBITDA
-42.72%

What is the Ownership and Shareholding Structure of Bhavithasri Chit Funds?

In 2018, Bhavithasri Chit Funds 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)

Open Charges

₹0.50 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.50 Cr

Latest Charge Details

Date Lender Amount Status
01 Aug 2016 Others ₹4.95 M Open

How Many Employees Work at Bhavithasri Chit Funds?

Bhavithasri Chit Funds has a workforce of 348 employees as of Apr 07, 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 Bhavithasri Chit Funds, 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 Bhavithasri Chit Funds'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 Bhavithasri Chit Funds

Recent activity within the organization

  • Annual General Meeting

    Bhavithasri Chit Funds Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Bhavithasri Chit Funds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Hyderabad.

    31 Mar 2022

  • Charges

    A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100053052 was registered on 01 Aug 2016.

    01 Aug 2016

  • Director Appointment

    Srinivas Thatipalli was appointed as a Managing Director was appointed as a Managing Director on 02 Jun 2011 & has been associated with this company since 13 years 8 months .

    02 Jun 2011

  • Director Appointment

    Prakash Rao Gunda was appointed as a Director was appointed as a Director on 02 Jun 2011 & has been associated with this company since 13 years 8 months .

    02 Jun 2011

  • Company Incorporation

    Bhavithasri Chit Funds Private Limited was registered on 02 Jun 2011 with Roc Hyderabad & aged 13 years 8 months as per MCA records.

    02 Jun 2011

Frequently asked questions

  • Bhavithasri Chit Funds Private Limited was incorporated on 02 Jun 2011.

  • The authorized share capital of Bhavithasri Chit Funds Private Limited is ₹ 7.30 Cr and paid-up capital is ₹ 3.70 M.

  • Currently 2 directors are associated with Bhavithasri Chit Funds Private Limited.

    • Srinivas Thatipalli
    • Prakash Rao Gunda
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bhavithasri Chit Funds Private Limited is H. No. 14-1-141, M. G. Road India, Warangal, Telangana, 506002.

  • The corporate identification number (CIN) of Bhavithasri Chit Funds Private Limited is U65910TG2011PTC074793 and the company number is 074793 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bhavithasri Chit Funds Private Limited is https://www.bhavithasrichits.in

  • According to the financial reports for the fiscal year 2019, the revenue trend for Bhavithasri Chit Funds Private Limited has risen by 29.48%.

  • As Per 2019 financial reports, 348 employees are currently employed by Bhavithasri Chit Funds Private Limited.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Bhavithasri Chit Funds Private Limited has experienced an upsurge of 16.47%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Bhavithasri Chit Funds Private Limited amount to ₹ 4.95 M.

  • The most recent Balance Sheet for Bhavithasri Chit Funds Private Limited was filed with the ROC on 31 Mar 2022.

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