Erode Amman Chits Private Limited

Provides financial services through chit business, promoting savings and organizing chit funds and schemes.

2017 | Erode, Tamil Nadu (India) | Active
Last Updated: December 22, 2024

Erode Amman Chits Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 7.22 M
  • Company Age 7 Year, 7 Months
  • Last Filing with ROC 31 Mar 2022
  • Revenue Growth 67.63%
  • Profit Growth 113.05%
  • Ebitda 109.94%
  • Net Worth 19.80%
  • Total Assets 11.10%

About Erode Amman Chits

Erode Amman Chits Private Limited (EACPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 July 2017 (Seven years and seven months 0 days old ). Its registered office is in Erode, 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 2022. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 7.22 M, as per Ministry of Corporate Affairs (MCA) records.

Muthusamy Bojarajan and Ganesh Palanevel serve as directors at the Company.

Company Details

  • Location

    Erode, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65929TZ2017PTC029259

  • Company No.

    029259

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Jul 2017

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Financial Services

Who are the key members and board of directors at Erode Amman Chits?

Executive Team (1)

NameDesignationAppointment DateStatus
Ganesh Palanevel Country flag representing In Managing Director26-Jul-2017Current

Board Members (1)

NameDesignationAppointment DateStatus
Muthusamy Bojarajan Country flag representing In Director 26-Jul-2017Current

Financial Performance of Erode Amman Chits.

Erode Amman Chits Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 67.63% increase. The company also saw a substantial improvement in profitability, with a 113.05% increase in profit. The company's net worth Soared by an impressive increase of 19.8%.

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
67.63%
Revenue from Operations
67.63%
Total Assets
11.10%
Profit or Loss
113.05%
Net Worth
19.80%
EBITDA
109.94%

What is the Ownership and Shareholding Structure of Erode Amman Chits?

In 2021, Erode Amman Chits 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 Erode Amman Chits?

Unlock and access historical data on people associated with Erode Amman 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 Erode Amman 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 Erode Amman 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 Erode Amman Chits

Recent activity within the organization

  • Annual General Meeting

    Erode Amman Chits Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Erode Amman Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Coimbatore.

    31 Mar 2022

  • Director Appointment

    Muthusamy Bojarajan was appointed as a Director was appointed as a Director on 26 Jul 2017 & has been associated with this company since 7 years 7 months .

    26 Jul 2017

  • Director Appointment

    Ganesh Palanevel was appointed as a Managing Director was appointed as a Managing Director on 26 Jul 2017 & has been associated with this company since 7 years 7 months .

    26 Jul 2017

  • Company Incorporation

    Erode Amman Chits Private Limited was registered on 26 Jul 2017 with Roc Coimbatore & aged 7 years 7 months as per MCA records.

    26 Jul 2017

Frequently asked questions

  • Erode Amman Chits Private Limited was incorporated on 26 Jul 2017.

  • The authorized share capital of Erode Amman Chits Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 7.22 M.

  • Currently 2 directors are associated with Erode Amman Chits Private Limited.

    • Muthusamy Bojarajan
    • Ganesh Palanevel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Erode Amman Chits Private Limited is 3C Sri Amman Tower India, Municipal Colony Road, Tamil Nadu, 638004.

  • The corporate identification number (CIN) of Erode Amman Chits Private Limited is U65929TZ2017PTC029259 and the company number is 029259 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Erode Amman Chits Private Limited has risen by 67.63%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Erode Amman Chits Private Limited has experienced an upsurge of 19.80%.

  • The most recent Balance Sheet for Erode Amman Chits Private Limited was filed with the ROC on 31 Mar 2022.