D N C Chits Private Limited

Chit fund company with 30 branches offering plans from 1 lac to 25 lac.

1997 | Dharmapuri, Tamil Nadu (India) | Active
Last Updated: October 24, 2024

D N C Chits Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 6.50 Cr
  • Company Age 27 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.50 M
  • Revenue Growth 54.36%
  • Profit Growth 162.11%
  • Ebitda 83.18%
  • Net Worth 29.87%
  • Total Assets 29.53%

About D N C Chits

D N C Chits Private Limited (DNCCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 May 1997 and has a history of 27 years and nine months. Its registered office is in Dharmapuri, 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 2023. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 6.50 Cr.

The company currently has active open charges totaling ₹1.50 M.

Elangovan Chinnasamy, Meena Elangovan, Elangovan Prem, and One other member serve as directors at the Company.

Company Details

  • Location

    Dharmapuri, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    dncchits.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65992TZ1997PTC007910

  • Company No.

    007910

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 May 1997

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Financial Services

Who are the key members and board of directors at D N C Chits?

Executive Team (1)

NameDesignationAppointment DateStatus
Elangovan Chinnasamy Country flag representing In Managing Director16-May-1997Current

Board Members (3)

NameDesignationAppointment DateStatus
Elangovan Prem Country flag representing In Whole-Time Director 01-Jul-2016Current
Meena Elangovan Country flag representing In Whole-Time Director 30-Sep-2003Current
Sneha Elangovan Country flag representing In Whole-Time Director 01-Jul-2016Current

Financial Performance of D N C Chits.

D N C Chits Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 54.36% increase. The company also saw a substantial improvement in profitability, with a 162.11% increase in profit. The company's net worth Soared by an impressive increase of 29.87%.

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
54.36%
Revenue from Operations
63.73%
Total Assets
29.53%
Profit or Loss
162.11%
Net Worth
29.87%
EBITDA
83.18%

What is the Ownership and Shareholding Structure of D N C Chits?

In 2023, D N C Chits had a promoter holding of 79.07% and a public holding of 20.93%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.15 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.15 Cr

Latest Charge Details

DateLenderAmountStatus
29 Feb 2024Others₹1.50 MOpen

How Many Employees Work at D N C Chits?

Unlock and access historical data on people associated with D N C 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 D N C 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 D N C 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 D N C Chits

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 0.15 Cr with Charge ID 100880860 was registered on 29 Feb 2024.

    29 Feb 2024

  • Annual General Meeting

    D N C Chits Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    D N C Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Director Appointment

    Elangovan Prem was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Jul 2016 & has been associated with this company since 8 years 7 months .

    01 Jul 2016

  • Director Appointment

    Sneha Elangovan was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Jul 2016 & has been associated with this company since 8 years 7 months .

    01 Jul 2016

  • Director Appointment

    Meena Elangovan was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 30 Sep 2003 & has been associated with this company since 21 years 4 months .

    30 Sep 2003

Frequently asked questions

  • D N C Chits Private Limited was incorporated on 16 May 1997.

  • The authorized share capital of D N C Chits Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 6.50 Cr.

  • Currently 4 directors are associated with D N C Chits Private Limited.

    • Elangovan Dharmapuri Chinnasamy
    • Meena Elangovan
    • Elangovan Prem
    • Sneha Elangovan
  • As per Ministry of Corporate Affairs (Mca), the registered address of D N C Chits Private Limited is No 11Nachiappa Gounder Street India, Dharmapuri Dt, Tamil Nadu, 636701.

  • The corporate identification number (CIN) of D N C Chits Private Limited is U65992TZ1997PTC007910 and the company number is 007910 as per Ministry of Corporate Affairs (MCA).

  • The Official website of D N C Chits Private Limited is https://www.dncchits.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for D N C Chits Private Limited has risen by 54.36%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of D N C Chits Private Limited has experienced an upsurge of 29.87%.

  • As per the financial statements for fiscal Year 2023, The total open charges for D N C Chits Private Limited amount to ₹ 1.50 M.

  • The most recent Balance Sheet for D N C Chits Private Limited was filed with the ROC on 31 Mar 2023.