Ibg Echits India Private Limited logo

Ibg Echits India Private Limited

Digital chit fund company offering online chits from 0.5 lacs to 5 lacs.
2018 | Hyderabad, Telangana (India) | Active

Last Updated:

December 14, 2024
HomeCompanyIbg Echits India Private Limited

Who are the key members and board of directors at Ibg Echits India?

Board Members(2)

NameDesignationAppointment DateStatus
Ravindranath Kamma In Director 16-Aug-2023Current
Veerapraveen Reddy In Director 25-Oct-2018Current

Financial Performance of Ibg Echits India.

Ibg Echits India Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 174.29% increase. The company also saw a substantial improvement in profitability, with a 122.6% increase in profit. The company's net worth Soared by an impressive increase of 37.86%.

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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
174.29%
Revenue from Operations
232.73%
Total Assets
113.66%
Profit or Loss
122.60%
Net Worth
37.86%
EBITDA
107.69%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹90.00 M

LenderAmountStatus

Others

Creation Date: 16 Oct 2023
₹4.00 CrOpen

Others

Creation Date: 14 Apr 2022
₹5.00 CrOpen

How Many Employees Work at Ibg Echits India?

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

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Latest Updates, News, and FAQs on Ibg Echits India

Recent activity within the organization

  • Annual General Meeting

    Ibg Echits India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others of Rs. 40.00 M registered on 16 Oct 2023 with Charge ID 100825666 was modified on 23 May 2024.

    23 May 2024

  • Balance Sheet

    Ibg Echits India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 40.00 M with Charge ID 100825666 was registered on 16 Oct 2023.

    16 Oct 2023

  • Director Appointment

    Ravindranath Kamma was appointed as a Director was appointed as a Director on 16 Aug 2023 & has been associated with this company since 1 year 4 months .

    16 Aug 2023

  • Charges

    A charge with Others amounted to Rs. 50.00 M with Charge ID 100569818 was registered on 14 Apr 2022.

    14 Apr 2022

Frequently asked questions

  • Ibg Echits India Private Limited was incorporated on 25 Oct 2018.

  • The authorized share capital of Ibg Echits India Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.20 M.

  • Currently 2 directors are associated with Ibg Echits India Private Limited.

    • Ravindranath Kamma
    • Veerapraveen Basireddy Reddy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ibg Echits India Private Limited is H.No.1-9-19/134, Ramnagar India, Hyderabad, Telangana, 500020.

  • The corporate identification number (CIN) of Ibg Echits India Private Limited is U65992TG2018PTC127896 and the company number is 127896 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ibg Echits India Private Limited is https://www.ibgechits.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Ibg Echits India Private Limited has risen by 174.29%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Ibg Echits India Private Limited has experienced an upsurge of 37.86%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Ibg Echits India Private Limited amount to ₹ 9.00 Cr.

  • The most recent Balance Sheet for Ibg Echits India Private Limited was filed with the ROC on 31 Mar 2024.

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