Brindha Chit Funds Private Limited

Founded in 1996 and headquartered in Tamil Nadu, India.

1996 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: January 10, 2025

Brindha Chit Funds Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 28 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 1.85 Cr
  • Revenue Growth %
  • Profit Growth -42.25%
  • Ebitda -42.25%
  • Net Worth 8.23%
  • Total Assets 7.96%

About Brindha Chit Funds

Brindha Chit Funds Private Limited (BCFPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 August 1996 and has a history of 28 years and five months. Its registered office is in Coimbatore, Tamil Nadu, 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 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company has closed loans amounting to ₹1.85 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Ramasamygounder Eswaran, Vasanthi Eswaran, Shanmuga Niranjan, and One other member serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65992TZ1996PTC007434

  • Company No.

    007434

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Aug 1996

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Financial Services

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

Executive Team (1)

NameDesignationAppointment DateStatus
Vasanthi Eswaran Country flag representing In Managing Director28-Aug-1996Current

Board Members (3)

NameDesignationAppointment DateStatus
Ramasamygounder Eswaran Country flag representing In Director 28-Aug-1996Current
Shanmuga Niranjan Country flag representing In Director 30-Sep-2006Current
Eswaran Tharani Country flag representing In Director 30-Sep-2006Current

Financial Performance of Brindha Chit Funds.

Brindha Chit Funds Private Limited, for the financial year ended 2020, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 42.25% decrease in profit. The company's net worth moved up by a moderate rise of 8.23%.

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
7.96%
Profit or Loss
-42.25%
Net Worth
8.23%
EBITDA
-42.25%

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

In 2016, Brindha 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

Satisfied Charges

₹1.85 Cr

Charges Breakdown by Lending Institutions

  • City Union Bank Limited : 1.25 Cr
  • The City Union Bank Ltd. : 0.30 Cr
  • The South Indian Bank Limited : 0.20 Cr
  • The Karnataka Bank Ltd. : 0.10 Cr

Latest Charge Details

DateLenderAmountStatus
07 Dec 2004City Union Bank Limited₹1.25 CrSatisfied
16 Nov 1999The City Union Bank Ltd.₹3.00 MSatisfied
11 Feb 1998The South Indian Bank Limited₹2.00 MSatisfied
28 Jan 1997The Karnataka Bank Ltd.₹1.00 MSatisfied

How Many Employees Work at Brindha Chit Funds?

Unlock and access historical data on people associated with Brindha Chit Funds, 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 Brindha 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 Brindha 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 Brindha Chit Funds

Recent activity within the organization

  • Annual General Meeting

    Brindha Chit Funds Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Brindha Chit Funds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

    31 Mar 2024

  • Charges

    A charge registered on 11 Feb 1998 via Charge ID 90006878 with The South Indian Bank Limited was fully satisfied on 03 Sep 2012.

    03 Sep 2012

  • Charges

    A charge registered on 28 Jan 1997 via Charge ID 90006818 with The Karnataka Bank Ltd. was fully satisfied on 03 Sep 2012.

    03 Sep 2012

  • Charges

    A charge registered on 07 Dec 2004 via Charge ID 90007235 with City Union Bank Limited was fully satisfied on 31 Aug 2012.

    31 Aug 2012

  • Charges

    A charge registered on 16 Nov 1999 via Charge ID 90006964 with The City Union Bank Ltd. was fully satisfied on 31 Aug 2012.

    31 Aug 2012

Frequently asked questions

  • Brindha Chit Funds Private Limited was incorporated on 28 Aug 1996.

  • The authorized share capital of Brindha Chit Funds Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 4 directors are associated with Brindha Chit Funds Private Limited.

    • Ramasamygounder Eswaran
    • Vasanthi Eswaran
    • Shanmuga Priya Niranjan
    • Eswaran Tharani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Brindha Chit Funds Private Limited is Site No 10/13Ramasamy Muthammal Street Palladam Road India, Tirupur, Tamil Nadu, 641604.

  • The corporate identification number (CIN) of Brindha Chit Funds Private Limited is U65992TZ1996PTC007434 and the company number is 007434 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2020 indicates that The net worth of Brindha Chit Funds Private Limited has experienced an upsurge of 8.23%.

  • The most recent Balance Sheet for Brindha Chit Funds Private Limited was filed with the ROC on 31 Mar 2024.