Daspalla Chits And Investments Limited

Provides financial and related services, including corporate finance and venture capital.

1992 | Visakhapatnam, Andhra Pradesh (India) | Active
Last Updated:

Daspalla Chits And Investments Profile

Key Indicators

  • Authorised Capital ₹ 4.50 M
  • Paid Up Capital ₹ 4.23 M
  • Company Age 33 Year, 23 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.26 M
  • Revenue Growth -1.21%
  • Profit Growth 117.68%
  • Ebitda 5.16%
  • Net Worth 3.40%
  • Total Assets 2.96%

About Daspalla Chits And Investments

Daspalla Chits And Investments Limited (DCAIL) is a Public Limited Indian Non-Government Company incorporated in India on 16 April 1992 and has a history of 33 years. Its registered office is in Visakhapatnam, Andhra Pradesh.

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 4.50 M and a paid-up capital of Rs 4.23 M.

The company currently has active open charges totaling ₹1.26 M.

Radha Koratala, Venkatarao Mandava, Narendra Mandava, and Two other members serve as directors at the Company.

Company Details

  • Location Visakhapatnam, Andhra Pradesh
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65992AP1992PLC014108

  • Company No.

    014108

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Apr 1992

  • Date of AGM

    21 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Financial Services
Company report

Daspalla Chits And Investments Limited

Explore comprehensive data for Daspalla Chits And Investments Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Daspalla Chits And Investments?

Board Members (5)

NameDesignationAppointment DateStatus
Radha Koratala Country flag representing In Director 22-May-1993Current
Venkatarao Mandava Country flag representing In Director 22-May-1993Current
Narendra Mandava Country flag representing In Director 26-May-2003Current
Sarath Jasthi Country flag representing In Director 26-May-2003Current
Raja Koratala Country flag representing In Director 26-May-2003Current

Financial Performance of Daspalla Chits And Investments.

Daspalla Chits And Investments Limited, for the financial year ended 2017, experienced Minor drop in revenue, with a 1.21% decrease. The company also saw a substantial improvement in profitability, with a 117.68% increase in profit. The company's net worth moved up by a moderate rise of 3.4%.

Daspalla Chits And Investments revenue growth over time
Daspalla Chits And Investments 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
-1.21%
Revenue from Operations
Total Assets
2.96%
Profit or Loss
117.68%
Net Worth
3.40%
EBITDA
5.16%

What is the Ownership and Shareholding Structure of Daspalla Chits And Investments?

In 2017, Daspalla Chits And Investments had a promoter holding of 11.80% and a public holding of 88.20%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.26 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The Karur Vysya Bank Limited : 0.13 Cr

Latest Charge Details

DateLenderAmountStatus
19 Sep 2007The Karur Vysya Bank Limited₹0.75 MOpen
06 Jul 2004The Karur Vysya Bank Limited₹0.27 MOpen
17 Apr 2000The Karur Vysya Bank Limited₹0.24 MOpen

How Many Employees Work at Daspalla Chits And Investments?

Unlock and access historical data on people associated with Daspalla Chits And Investments, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Daspalla Chits And Investments Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Daspalla Chits And Investments, 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 Daspalla Chits And Investments'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 Daspalla Chits And Investments

Recent activity within the organization

  • Annual General Meeting

    Daspalla Chits And Investments Limited last Annual general meeting of members was held on 21 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Daspalla Chits And Investments Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.

  • Charges

    A charge with The Karur Vysya Bank Limited amounted to Rs. 0.75 M with Charge ID 10070242 was registered on 19 Sep 2007.

  • Charges

    A charge with The Karur Vysya Bank Limited amounted to Rs. 0.27 M with Charge ID 90258995 was registered on 06 Jul 2004.

  • Director Appointment

    Narendra Mandava was appointed as a Director was appointed as a Director on 26 May 2003 & has been associated with this company since 21 years 11 months .

  • Director Appointment

    Sarath Babu Jasthi was appointed as a Director was appointed as a Director on 26 May 2003 & has been associated with this company since 21 years 11 months .

Frequently asked questions

  • What is the Incorporation or founding date of Daspalla Chits And Investments Limited?

    Daspalla Chits And Investments Limited was incorporated on 16 Apr 1992.

  • What is authorized share capital and paid-up capital of Daspalla Chits And Investments Limited?

    The authorized share capital of Daspalla Chits And Investments Limited is ₹ 4.50 M and paid-up capital is ₹ 4.23 M.

  • Who are the current board members & directors of Daspalla Chits And Investments Limited?

    Currently 5 directors are associated with Daspalla Chits And Investments Limited.

    • Radha Krishna Koratala
    • Venkatarao Mandava
    • Narendra Mandava
    • Sarath Babu Jasthi
    • Raja Sekhara Prasad Koratala

  • What is the registered address of Daspalla Chits And Investments Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Daspalla Chits And Investments Limited is 28-2-48 Suryabagh, India, Visakhapatnam, Andhra Pradesh.

  • What is the corporate identification number (CIN) and company number of Daspalla Chits And Investments Limited?

    The corporate identification number (CIN) of Daspalla Chits And Investments Limited is U65992AP1992PLC014108 and the company number is 014108 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Daspalla Chits And Investments Limited?

    According to the financial reports for the fiscal year 2017, the revenue trend for Daspalla Chits And Investments Limited has fallen by -1.21%.

  • What change has been observed in the net worth of Daspalla Chits And Investments Limited, and by what percentage?

    The financial reports for the fiscal year 2017 indicates that The net worth of Daspalla Chits And Investments Limited has experienced an upsurge of 3.40%.

  • What are the total open charges for Daspalla Chits And Investments Limited?

    As per the financial statements for fiscal Year 2017, The total open charges for Daspalla Chits And Investments Limited amount to ₹ 1.26 M.

  • When was the last Balance Sheet of Daspalla Chits And Investments Limited filed with the ROC?

    The most recent Balance Sheet for Daspalla Chits And Investments Limited was filed with the ROC on 31 Mar 2024.

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