Desotta Chit Fund Private Limited

Founded in 2017 and headquartered in Tamil Nadu, India.

2017 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: December 17, 2024

Desotta Chit Fund Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 7 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -0.58%
  • Profit Growth -48.05%
  • Ebitda -21.01%
  • Net Worth 4.47%
  • Total Assets 12.82%

About Desotta Chit Fund

Desotta Chit Fund Private Limited (DCFPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 February 2017 (Seven years and 11 months 11 days old ). 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 M and a paid-up capital of Rs 1.00 M, as per Ministry of Corporate Affairs (MCA) records.

Anitha Gnanamani and Muthiah Gnanamani 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

    U65992TZ2017PTC028575

  • Company No.

    028575

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Feb 2017

  • 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 Desotta Chit Fund?

Board Members (2)

Name Designation Appointment Date Status
Anitha Gnanamani Country flag representing In Director 28-Feb-2017 Current
Muthiah Gnanamani Country flag representing In Director 28-Feb-2017 Current

Financial Performance of Desotta Chit Fund.

Desotta Chit Fund Private Limited, for the financial year ended 2020, experienced Minor drop in revenue, with a 0.58% decrease. The company also saw a substantial fall in profitability, with a 48.05% decrease in profit. The company's net worth moved up by a moderate rise of 4.47%.

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
-0.58%
Revenue from Operations
-0.86%
Total Assets
12.82%
Profit or Loss
-48.05%
Net Worth
4.47%
EBITDA
-21.01%

What is the Ownership and Shareholding Structure of Desotta Chit Fund?

Unlock access to Desotta Chit Fund's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Desotta Chit Fund?

Unlock and access historical data on people associated with Desotta Chit Fund, 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 Desotta Chit Fund, 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 Desotta Chit Fund'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 Desotta Chit Fund

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Director Appointment

    Anitha Gnanamani was appointed as a Director was appointed as a Director on 28 Feb 2017 & has been associated with this company since 7 years 11 months .

    28 Feb 2017

  • Director Appointment

    Muthiah Gnanamani was appointed as a Director was appointed as a Director on 28 Feb 2017 & has been associated with this company since 7 years 11 months .

    28 Feb 2017

  • Company Incorporation

    Desotta Chit Fund Private Limited was registered on 28 Feb 2017 with Roc Coimbatore & aged 7 years 11 months as per MCA records.

    28 Feb 2017

Frequently asked questions

  • Desotta Chit Fund Private Limited was incorporated on 28 Feb 2017.

  • The authorized share capital of Desotta Chit Fund Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Desotta Chit Fund Private Limited.

    • Anitha Gnanamani
    • Muthiah Gnanamani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Desotta Chit Fund Private Limited is 8A 5/1, Kurunji Nagar Dharapuram Road India, Udumalpet, Tamil Nadu, 642126.

  • The corporate identification number (CIN) of Desotta Chit Fund Private Limited is U65992TZ2017PTC028575 and the company number is 028575 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Desotta Chit Fund Private Limited has fallen by -0.58%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Desotta Chit Fund Private Limited has experienced an upsurge of 4.47%.

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