Dharma Chitfunds Pvt. Ltd.

Chit fund company providing daily, weekly, and monthly chits and acting as foreman for chit series.

1986 | Krishna, Andhra Pradesh (India) | Active
Last Updated: December 14, 2024

Dharma Chitfunds Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.14 M
  • Company Age 38 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.30 M
  • Revenue Growth -5.19%
  • Profit Growth -45.11%
  • Ebitda -16.19%
  • Net Worth 21.64%
  • Total Assets 7.52%

About Dharma Chitfunds

Dharma Chitfunds Pvt. Ltd. (DCPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 December 1986 and has a history of 38 years and one month. Its registered office is in Krishna, Andhra Pradesh, 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 0.50 M and a paid-up capital of Rs 0.14 M.

The company currently has active open charges totaling ₹5.30 M.

Parvataneni Ravi, Murali Kolli, Lakshmi Parvathaneni, and One other member serve as directors at the Company.

Company Details

  • Location

    Krishna, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65992AP1986PTC007049

  • Company No.

    007049

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Dec 1986

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Financial Services

Who are the key members and board of directors at Dharma Chitfunds?

Executive Team (1)

Name Designation Appointment Date Status
Parvataneni Ravi Country flag representing In Managing Director 28-Dec-2010 Current

Board Members (3)

Name Designation Appointment Date Status
Murali Kolli Country flag representing In Director 27-Sep-1995 Current
Lakshmi Parvathaneni Country flag representing In Director 15-Apr-1989 Current
Satyanarayanavara Parvathaneni Country flag representing In Director 26-Dec-1986 Current

Financial Performance of Dharma Chitfunds.

Dharma Chitfunds Pvt. Ltd., for the financial year ended 2016, experienced Minor drop in revenue, with a 5.19% decrease. The company also saw a substantial fall in profitability, with a 45.11% decrease in profit. The company's net worth Soared by an impressive increase of 21.64%.

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
-5.19%
Revenue from Operations
-4.90%
Total Assets
7.52%
Profit or Loss
-45.11%
Net Worth
21.64%
EBITDA
-16.19%

What is the Ownership and Shareholding Structure of Dharma Chitfunds?

In 2017, Dharma Chitfunds had a promoter holding of 77.78% and a public holding of 22.22%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.30 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.50 Cr
  • M/S Lakshami General Finance Limited Limited : 0.03 Cr

Latest Charge Details

Date Lender Amount Status
17 Dec 2018 Others ₹2.00 M Open
02 Sep 2011 Others ₹3.00 M Open
10 Aug 2004 M/S Lakshami General Finance Limited Limited ₹0.30 M Open

How Many Employees Work at Dharma Chitfunds?

Unlock and access historical data on people associated with Dharma Chitfunds, 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 Dharma Chitfunds, 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 Dharma Chitfunds'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 Dharma Chitfunds

Recent activity within the organization

  • Annual General Meeting

    Dharma Chitfunds Pvt. Ltd. last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Dharma Chitfunds Pvt. Ltd. has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 2.00 M with Charge ID 100223948 was registered on 17 Dec 2018.

    17 Dec 2018

  • Charges

    A charge with Others of Rs. 3.00 M registered on 02 Sep 2011 with Charge ID 10313309 was modified on 29 Nov 2018.

    29 Nov 2018

  • Charges

    A charge with Others amounted to Rs. 3.00 M with Charge ID 10313309 was registered on 02 Sep 2011.

    02 Sep 2011

  • Director Appointment

    Parvataneni Kumar Ravi was appointed as a Managing Director was appointed as a Managing Director on 28 Dec 2010 & has been associated with this company since 14 years 1 month .

    28 Dec 2010

Frequently asked questions

  • Dharma Chitfunds Pvt. Ltd. was incorporated on 26 Dec 1986.

  • The authorized share capital of Dharma Chitfunds Pvt. Ltd. is ₹ 0.50 M and paid-up capital is ₹ 0.14 M.

  • Currently 4 directors are associated with Dharma Chitfunds Pvt. Ltd..

    • Parvataneni Kumar Ravi
    • Murali Krishna Prasad Kolli
    • Lakshmi Manorama Parvathaneni
    • Satyanarayanavara Prasada Rao Parvathaneni
  • As per Ministry of Corporate Affairs (Mca), the registered address of Dharma Chitfunds Pvt. Ltd. is 40-13-4Chandramouli Puram Vijayawada India, Andhra Pradesh, 520010.

  • The corporate identification number (CIN) of Dharma Chitfunds Pvt. Ltd. is U65992AP1986PTC007049 and the company number is 007049 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2016, the revenue trend for Dharma Chitfunds Pvt. Ltd. has fallen by -5.19%.

  • The financial reports for the fiscal year 2016 indicates that The net worth of Dharma Chitfunds Pvt. Ltd. has experienced an upsurge of 21.64%.

  • As per the financial statements for fiscal Year 2016, The total open charges for Dharma Chitfunds Pvt. Ltd. amount to ₹ 5.30 M.

  • The most recent Balance Sheet for Dharma Chitfunds Pvt. Ltd. was filed with the ROC on 31 Mar 2024.

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