Iyvar Chit Funds Private Limited

Founded in 1984 and headquartered in Tamil Nadu, India.

1984 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: December 17, 2024

Iyvar Chit Funds Profile

Key Indicators

  • Authorised Capital ₹ 0.40 M
  • Paid Up Capital ₹ 0.40 M
  • Company Age 40 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 14.63%
  • Profit Growth 1711.41%
  • Ebitda 61.33%
  • Net Worth 5.60%
  • Total Assets 1.38%

About Iyvar Chit Funds

Iyvar Chit Funds Private Limited (ICFPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 October 1984 and has a history of 40 years and four months. Its registered office is in Coimbatore, 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 2024. It's a company limited by shares with an authorized capital of Rs 0.40 M and a paid-up capital of Rs 0.40 M, as per Ministry of Corporate Affairs (MCA) records.

Karuppannagounder Duraiswamy, Duraiswamy Sathyaprakash, and Narasimhanaickenpalayam Karthic serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65992TZ1984PTC001494

  • Company No.

    001494

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Oct 1984

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Financial Services

Who are the key members and board of directors at Iyvar Chit Funds?

Board Members (3)

Name Designation Appointment Date Status
Karuppannagounder Duraiswamy Country flag representing In Director 10-Oct-1984 Current
Duraiswamy Sathyaprakash Country flag representing In Director 11-Apr-2005 Current
Narasimhanaickenpalayam Karthic Director 06-Jul-2024 Current

Financial Performance of Iyvar Chit Funds.

Iyvar Chit Funds Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.63% increase. The company also saw a substantial improvement in profitability, with a 1711.41% increase in profit. The company's net worth moved up by a moderate rise of 5.6%.

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
14.63%
Revenue from Operations
19.76%
Total Assets
1.38%
Profit or Loss
1711.41%
Net Worth
5.60%
EBITDA
61.33%

What is the Ownership and Shareholding Structure of Iyvar Chit Funds?

In 2023, Iyvar Chit Funds had a public holding of 59.50%. 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 Iyvar Chit Funds?

Unlock and access historical data on people associated with Iyvar Chit Funds, 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 Iyvar Chit Funds, 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 Iyvar Chit Funds'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 Iyvar Chit Funds

Recent activity within the organization

  • Annual General Meeting

    Iyvar Chit Funds Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Narasimhanaickenpalayam Doraiswamy Karthic was appointed as a Director was appointed as a Director on 06 Jul 2024 & has been associated with this company since 7 months 10 days .

    06 Jul 2024

  • Balance Sheet

    Iyvar Chit Funds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

    31 Mar 2024

  • Director Appointment

    Duraiswamy Sathyaprakash was appointed as a Director was appointed as a Director on 11 Apr 2005 & has been associated with this company since 19 years 10 months .

    11 Apr 2005

  • Director Appointment

    Karuppannagounder Duraiswamy was appointed as a Director was appointed as a Director on 10 Oct 1984 & has been associated with this company since 40 years 4 months .

    10 Oct 1984

  • Company Incorporation

    Iyvar Chit Funds Private Limited was registered on 10 Oct 1984 with Roc Coimbatore & aged 40 years 4 months as per MCA records.

    10 Oct 1984

Frequently asked questions

  • Iyvar Chit Funds Private Limited was incorporated on 10 Oct 1984.

  • The authorized share capital of Iyvar Chit Funds Private Limited is ₹ 0.40 M and paid-up capital is ₹ 0.40 M.

  • Currently 3 directors are associated with Iyvar Chit Funds Private Limited.

    • Karuppannagounder Duraiswamy
    • Duraiswamy Sathyaprakash
    • Narasimhanaickenpalayam Doraiswamy Karthic
  • As per Ministry of Corporate Affairs (Mca), the registered address of Iyvar Chit Funds Private Limited is 83 Mettupalayam Roadnarasimhanaickenpalayam Coimbatore India, Tamilnadu, Tamil Nadu, 641031.

  • The corporate identification number (CIN) of Iyvar Chit Funds Private Limited is U65992TZ1984PTC001494 and the company number is 001494 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Iyvar Chit Funds Private Limited has risen by 14.63%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Iyvar Chit Funds Private Limited has experienced an upsurge of 5.60%.

  • The most recent Balance Sheet for Iyvar Chit Funds Private Limited was filed with the ROC on 31 Mar 2024.