Firstcity Chits Private Limited

Facilitates savings through chit funds, deposit schemes, and interest rates in accordance with laws.

2000 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 17, 2024

Firstcity Chits Profile

Key Indicators

  • Authorised Capital ₹ 0.90 M
  • Paid Up Capital ₹ 0.90 M
  • Company Age 24 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 0.76 M
  • Revenue Growth -9.87%
  • Profit Growth 92.94%
  • Ebitda 53.97%
  • Net Worth 3.93%
  • Total Assets -12.98%

About Firstcity Chits

Firstcity Chits Private Limited (FCPL) is a Private Limited Indian Non-Government Company incorporated in India on 15 March 2000 and has a history of 24 years and 11 months. Its registered office is in Chennai, 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 2023. It's a company limited by shares with an authorized capital of Rs 0.90 M and a paid-up capital of Rs 0.90 M.

The company currently has active open charges totaling ₹0.76 M.

Suresh Krishnamurthy and Shanthi Suresh serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65992TN2000PTC044401

  • Company No.

    044401

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Mar 2000

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

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

Executive Team (1)

Name Designation Appointment Date Status
Suresh Krishnamurthy Country flag representing In Managing Director 15-Mar-2000 Current

Board Members (1)

Name Designation Appointment Date Status
Shanthi Suresh Country flag representing In Director 15-Mar-2000 Current

Financial Performance of Firstcity Chits.

Firstcity Chits Private Limited, for the financial year ended 2017, experienced Minor drop in revenue, with a 9.87% decrease. The company also saw a substantial improvement in profitability, with a 92.94% increase in profit. The company's net worth moved up by a moderate rise of 3.93%.

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
-9.87%
Revenue from Operations
-6.04%
Total Assets
-12.98%
Profit or Loss
92.94%
Net Worth
3.93%
EBITDA
53.97%

What is the Ownership and Shareholding Structure of Firstcity Chits?

In 2017, Firstcity 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)

Open Charges

₹0.76 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 0.04 Cr
  • Thet Dhanalakshmi Bank Ltd : 0.03 Cr
  • Dhanalakshmi Bank Ltd : 0.00 Cr
  • Dhanalakshmi Bank Ltd. : 0.00 Cr

Latest Charge Details

Date Lender Amount Status
17 Oct 2005 Bank Of Baroda ₹0.40 M Open
23 Sep 2005 Thet Dhanalakshmi Bank Ltd ₹0.30 M Open
25 Oct 2002 Dhanalakshmi Bank Ltd ₹0.03 M Open
25 Oct 2002 Dhanalakshmi Bank Ltd. ₹0.03 M Open

How Many Employees Work at Firstcity Chits?

Unlock and access historical data on people associated with Firstcity 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 Firstcity 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 Firstcity 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 Firstcity Chits

Recent activity within the organization

  • Annual General Meeting

    Firstcity Chits Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Firstcity Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Bank Of Baroda amounted to Rs. 0.40 M with Charge ID 90288474 was registered on 17 Oct 2005.

    17 Oct 2005

  • Charges

    A charge with Thet Dhanalakshmi Bank Ltd amounted to Rs. 0.30 M with Charge ID 90289629 was registered on 23 Sep 2005.

    23 Sep 2005

  • Charges

    A charge with Dhanalakshmi Bank Ltd amounted to Rs. 0.03 M with Charge ID 90286712 was registered on 25 Oct 2002.

    25 Oct 2002

  • Charges

    A charge with Dhanalakshmi Bank Ltd. amounted to Rs. 0.03 M with Charge ID 90306656 was registered on 25 Oct 2002.

    25 Oct 2002

Frequently asked questions

  • Firstcity Chits Private Limited was incorporated on 15 Mar 2000.

  • The authorized share capital of Firstcity Chits Private Limited is ₹ 0.90 M and paid-up capital is ₹ 0.90 M.

  • Currently 2 directors are associated with Firstcity Chits Private Limited.

    • Suresh Krishnamurthy
    • Shanthi Suresh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Firstcity Chits Private Limited is A-9 Mookambika Apts 2Nd Floor 20 Srinivasa Avenue Road, Ra Puram India, Chennai, Tamil Nadu, 600028.

  • The corporate identification number (CIN) of Firstcity Chits Private Limited is U65992TN2000PTC044401 and the company number is 044401 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2017, the revenue trend for Firstcity Chits Private Limited has fallen by -9.87%.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Firstcity Chits Private Limited has experienced an upsurge of 3.93%.

  • As per the financial statements for fiscal Year 2017, The total open charges for Firstcity Chits Private Limited amount to ₹ 0.76 M.

  • The most recent Balance Sheet for Firstcity Chits Private Limited was filed with the ROC on 31 Mar 2023.

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