Harshasri Chits Private Limited

Provides financial services, specializing in chit fund business, since 2009 in Telangana.

2009 | Adilabad, Telangana (India) | Active
Last Updated: December 14, 2024

Harshasri Chits Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 15 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -45.55%
  • Profit Growth -37.38%
  • Ebitda 66.51%
  • Net Worth 4.90%
  • Total Assets -0.35%

About Harshasri Chits

Harshasri Chits Private Limited (HCPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 June 2009 and has a history of 15 years and seven months. Its registered office is in Adilabad, Telangana, 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 0.50 M and a paid-up capital of Rs 0.50 M, as per Ministry of Corporate Affairs (MCA) records.

Raju Simharaju and Srinivas Mukthavaram serve as directors at the Company.

Company Details

  • Location

    Adilabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65992TG2009PTC064134

  • Company No.

    064134

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Jun 2009

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Financial Services

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

Board Members (2)

Name Designation Appointment Date Status
Raju Simharaju Country flag representing In Director 25-Jun-2009 Current
Srinivas Mukthavaram Country flag representing In Director 25-Jun-2009 Current

Financial Performance of Harshasri Chits.

Harshasri Chits Private Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 45.55% decrease. The company also saw a substantial fall in profitability, with a 37.38% decrease in profit. The company's net worth moved up by a moderate rise of 4.9%.

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
-45.55%
Revenue from Operations
-42.86%
Total Assets
-0.35%
Profit or Loss
-37.38%
Net Worth
4.90%
EBITDA
66.51%

What is the Ownership and Shareholding Structure of Harshasri Chits?

In 2018, Harshasri 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 Harshasri Chits?

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

Recent activity within the organization

  • Annual General Meeting

    Harshasri 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

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

    31 Mar 2023

  • Director Appointment

    Raju Simharaju was appointed as a Director was appointed as a Director on 25 Jun 2009 & has been associated with this company since 15 years 7 months .

    25 Jun 2009

  • Director Appointment

    Srinivas Mukthavaram was appointed as a Director was appointed as a Director on 25 Jun 2009 & has been associated with this company since 15 years 7 months .

    25 Jun 2009

  • Company Incorporation

    Harshasri Chits Private Limited was registered on 25 Jun 2009 with Roc Hyderabad & aged 15 years 7 months as per MCA records.

    25 Jun 2009

Frequently asked questions

  • Harshasri Chits Private Limited was incorporated on 25 Jun 2009.

  • The authorized share capital of Harshasri Chits Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

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

    • Raju Simharaju
    • Srinivas Mukthavaram
  • As per Ministry of Corporate Affairs (Mca), the registered address of Harshasri Chits Private Limited is H No 12-306 Shop No.1 M.A. Complex No.2 Bellampalli Road, India, Mancherial, Telangana, 504208.

  • The corporate identification number (CIN) of Harshasri Chits Private Limited is U65992TG2009PTC064134 and the company number is 064134 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2019, the revenue trend for Harshasri Chits Private Limited has fallen by -45.55%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Harshasri Chits Private Limited has experienced an upsurge of 4.90%.

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