Firststep Chits Private Limited

Firststep Chits Private Limited

Provides chit fund services since 2011, based in Karnataka.
2011 | Raichur, Karnataka (India) | Active

Last Updated:

July 05, 2024
HomeCompanyFirststep Chits Private Limited

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

Board Members(7)

NameDesignationAppointment DateStatus
Raju Kollabhovi In Director 07-Jul-2011Current
Shankar Dutt In Director 07-Jul-2011Current
Nagesh Makam In Director 07-Jul-2011Current
Srinivasulu Manne In Director 30-Sep-2016Current
Vani Paramesh In Director 30-Sep-2016Current
Rajashekar In Director 30-Sep-2016Current

Financial Performance and Corporate Structure Insights of Firststep Chits.

Firststep Chits Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 34.38% decrease. The company also saw a substantial fall in profitability, with a 74.59% decrease in profit. The company's net worth moved up by a moderate rise of 3.38%.

Revenue Growth Graph
Profit Loss Graph
  • 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
-34.38%
Revenue from Operations
-34.46%
Total Assets
-40.82%
Profit or Loss
-74.59%
Net Worth
3.38%
EBITDA
-129.35%

Related Corporates (Common Directorship)

  • Rise Chits Private Limited

    Rise Chits Private Limited

    Active build-icon 5 years 3 months

    Shankar Dutt and Rajashekar are mutual person

  • Kalyana Sindhu Association

    Kalyana Sindhu Association

    Active build-icon 3 years 10 months

    Rajashekar is a mutual person

Charges (Loans)

Charges

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

How Many Employees Work at Firststep Chits?

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

Employee Graph

Deals i

Rating

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Latest Updates, News, and FAQs on Firststep Chits

Recent activity within the organization

  • Annual General Meeting

    Firststep 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

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

    31 Mar 2023

  • Director Appointment

    Srinivasulu Manne was appointed as a Director was appointed as a Director on 30 Sep 2016 & has been associated with this company since 8 years 5 days .

    30 Sep 2016

  • Director Appointment

    Vani Paramesh was appointed as a Director was appointed as a Director on 30 Sep 2016 & has been associated with this company since 8 years 5 days .

    30 Sep 2016

  • Director Appointment

    Rajashekar was appointed as a Director was appointed as a Director on 30 Sep 2016 & has been associated with this company since 8 years 5 days .

    30 Sep 2016

  • Director Appointment

    Bharathi Jayanthi was appointed as a Director was appointed as a Director on 30 Sep 2016 & has been associated with this company since 8 years 5 days .

    30 Sep 2016

Frequently asked questions

  • Firststep Chits Private Limited was incorporated on 07 Jul 2011.

  • The authorized share capital of Firststep Chits Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.00 M.

  • Currently 7 directors are associated with Firststep Chits Private Limited.

    • Raju Kollabhovi
    • Shankar Dutt
    • Nagesh Gupta Makam
    • Srinivasulu Manne
    • Vani Paramesh
    • Rajashekar
    • Bharathi Jayanthi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Firststep Chits Private Limited is No. 6-1-2238 1St Floor Chandana Complex, Above Kpf Motors Kustagi Road, Sindhanur, Karnataka, India, 584128.

  • The corporate identification number (CIN) of Firststep Chits Private Limited is U65992KA2011PTC059525 and the company number is 059525 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Firststep Chits Private Limited has fallen by -34.38%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Firststep Chits Private Limited has experienced an upsurge of 3.38%.

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

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