Devasani Chit Funds Private Limited

Founded in 2005 and headquartered in Maharashtra, India.

2005 | Chandrapur, Maharashtra (India) | Active
Last Updated: December 12, 2024

Devasani Chit Funds Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 19 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -24.44%
  • Profit Growth -40.95%
  • Ebitda -38.51%
  • Net Worth -1.95%
  • Total Assets -43.25%

About Devasani Chit Funds

Devasani Chit Funds Private Limited (DCFPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 October 2005 and has a history of 19 years and four months. Its registered office is in Chandrapur, Maharashtra, 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 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Janardhan Devasani and Saroja Devasani serve as directors at the Company.

Company Details

  • Location

    Chandrapur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65992MH2005PTC156883

  • Company No.

    156883

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Oct 2005

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

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

Executive Team (1)

NameDesignationAppointment DateStatus
Janardhan Devasani Country flag representing In Managing Director10-Aug-2015Current

Board Members (1)

NameDesignationAppointment DateStatus
Saroja Devasani Country flag representing In Whole-Time Director 20-Oct-2005Current

Financial Performance of Devasani Chit Funds.

Devasani Chit Funds Private Limited, for the financial year ended 2017, experienced significant reduction in revenue, with a 24.44% decrease. The company also saw a substantial fall in profitability, with a 40.95% decrease in profit. The company's net worth dipped by a decrease of 1.95%.

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
-24.44%
Revenue from Operations
-30.58%
Total Assets
-43.25%
Profit or Loss
-40.95%
Net Worth
-1.95%
EBITDA
-38.51%

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

In 2017, Devasani 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)

Placeholder for charges-related data

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

How Many Employees Work at Devasani Chit Funds?

Unlock and access historical data on people associated with Devasani 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 Devasani 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 Devasani 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 Devasani Chit Funds

Recent activity within the organization

  • Annual General Meeting

    Devasani 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

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

    31 Mar 2024

  • Director Appointment

    Janardhan Ramaiah Devasani was appointed as a Managing Director was appointed as a Managing Director on 10 Aug 2015 & has been associated with this company since 9 years 6 months .

    10 Aug 2015

  • Director Appointment

    Saroja Janardhan Devasani was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 20 Oct 2005 & has been associated with this company since 19 years 4 months .

    20 Oct 2005

  • Company Incorporation

    Devasani Chit Funds Private Limited was registered on 20 Oct 2005 with Roc Mumbai & aged 19 years 4 months as per MCA records.

    20 Oct 2005

Frequently asked questions

  • Devasani Chit Funds Private Limited was incorporated on 20 Oct 2005.

  • The authorized share capital of Devasani Chit Funds Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

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

    • Janardhan Ramaiah Devasani
    • Saroja Janardhan Devasani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Devasani Chit Funds Private Limited is Plot No 46 Hotel Surya Ward No. 6 Near Railway Track Rajura Road, India, Gadchandur, Maharashtra, 442908.

  • The corporate identification number (CIN) of Devasani Chit Funds Private Limited is U65992MH2005PTC156883 and the company number is 156883 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2017, the revenue trend for Devasani Chit Funds Private Limited has fallen by -24.44%.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Devasani Chit Funds Private Limited has experienced an downturn of -1.95%.

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