Erode Thilagam Chits Private Limited

Erode Thilagam Chits Private Limited

Financial services company promoting savings through chit funds and benefit schemes, established in 2014.
2014 | Erode, Tamil Nadu (India) | Active

Last Updated:

December 12, 2024
HomeCompanyErode Thilagam Chits Private Limited

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

Executive Team (1)

NameDesignationAppointment DateStatus
Balasubramaniam Karthik InManaging Director19-Nov-2014Current

Board Members(1)

NameDesignationAppointment DateStatus
Balasubramanian Thilagavathy In Director 19-Nov-2014Current

Financial Performance of Erode Thilagam Chits.

Erode Thilagam Chits Private Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 7.29% decrease. The company also saw a substantial improvement in profitability, with a 70.61% increase in profit. The company's net worth moved up by a moderate rise of 5.63%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-7.29%
Revenue from Operations
-9.13%
Total Assets
-36.52%
Profit or Loss
70.61%
Net Worth
5.63%
EBITDA
-537.97%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹5.00 M

LenderAmountStatus

City Union Bank Limited

Creation Date: 30 Sep 2016
₹5.00 MOpen

How Many Employees Work at Erode Thilagam Chits?

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

Employee Graph

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Latest Updates, News, and FAQs on Erode Thilagam Chits

Recent activity within the organization

  • Annual General Meeting

    Erode Thilagam Chits Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Erode Thilagam Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

    31 Mar 2024

  • Charges

    A charge with City Union Bank Limited of Rs. 5.00 M registered on 30 Sep 2016 with Charge ID 100062073 was modified on 18 Dec 2017.

    18 Dec 2017

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 5.00 M with Charge ID 100062073 was registered on 30 Sep 2016.

    30 Sep 2016

  • Director Appointment

    Balasubramanian Thilagavathy was appointed as a Director was appointed as a Director on 19 Nov 2014 & has been associated with this company since 10 years 1 month .

    19 Nov 2014

  • Director Appointment

    Balasubramaniam Karthik was appointed as a Managing Director was appointed as a Managing Director on 19 Nov 2014 & has been associated with this company since 10 years 1 month .

    19 Nov 2014

Frequently asked questions

  • Erode Thilagam Chits Private Limited was incorporated on 19 Nov 2014.

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

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

    • Balasubramanian Thilagavathy
    • Balasubramaniam Karthik
  • As per Ministry of Corporate Affairs (Mca), the registered address of Erode Thilagam Chits Private Limited is 81/4 Raja Street Sanjay Nagar India, Erode, Tamil Nadu, 638011.

  • The corporate identification number (CIN) of Erode Thilagam Chits Private Limited is U65992TZ2014PTC020888 and the company number is 020888 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Erode Thilagam Chits Private Limited has fallen by -7.29%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Erode Thilagam Chits Private Limited has experienced an upsurge of 5.63%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Erode Thilagam Chits Private Limited amount to ₹ 5.00 M.

  • The most recent Balance Sheet for Erode Thilagam Chits Private Limited was filed with the ROC on 31 Mar 2024.

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