Jagannath Chit Funds Pvt Ltd
Chit fund company providing services in Andhra Pradesh and India since 1988.
1988 | Krishna, Andhra Pradesh (India) | Active
Jagannath Chit Funds Profile
Key Indicators
- Authorised Capital ₹ 5.50 M
- Paid Up Capital ₹ 5.50 M
- Company Age 36 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.50 M
- Satisfied Charges ₹ 1.00 M
- Revenue Growth -3.46%
- Profit Growth -13.23%
- Ebitda -24.07%
- Net Worth 5.24%
- Total Assets -7.16%
About Jagannath Chit Funds
Jagannath Chit Funds Pvt Ltd (JCFPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 December 1988 and has a history of 36 years and two months. Its registered office is in Krishna, Andhra Pradesh.
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 5.50 M and a paid-up capital of Rs 5.50 M.
The company currently has active open charges totaling ₹4.50 M. The company has closed loans amounting to ₹1.00 M, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Jagannath Chit Funds Pvt Ltd India is Nagendra Naidu as COMPANY SECRETARY. Raghavarao Malapati, Subba Nadella, Gopalarao Ravi, and Four other members serve as directors at the Company.
Company Details
- Location Krishna, Andhra Pradesh
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U65992AP1988PTC009421
- Company No.
009421
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
22 Dec 1988
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Financial Services
Who are the key members and board of directors at Jagannath Chit Funds?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Subba Nadella  | Managing Director | 02-Sep-2006 | Current |
| Nagendra Naidu | Company Secretary | 01-Jun-2007 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Raghavarao Malapati | Director | 27-Sep-2006 | Current |
| Gopalarao Ravi | Director | 27-Sep-2006 | Current |
| Vijayalakshmi Chennupati | Director | 13-Aug-2019 | Current |
| Krishnareddy Battula | Director | 05-Aug-2010 | Current |
| Nagesh Paladugu | Director | 16-Jul-2017 | Current |
| Rameshbabu Mandava | Director | 08-Feb-2022 | Current |
Financial Performance of Jagannath Chit Funds.
Jagannath Chit Funds Pvt Ltd, for the financial year ended 2017, experienced Minor drop in revenue, with a 3.46% decrease. The company also saw a substantial fall in profitability, with a 13.23% decrease in profit. The company's net worth moved up by a moderate rise of 5.24%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Jagannath Chit Funds?
In 2017, Jagannath Chit Funds had a promoter holding of 19.18% and a public holding of 80.82%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Vijayalakshmi Chennupati is a mutual person
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Nagendra Naidu is a mutual person
- Ravindra Solvent Oils Private Limited
Nagendra Naidu is a mutual person
- Venkatadri Oils Pvt Ltd
Nagendra Naidu is a mutual person
Charges (Loans)
Open Charges
₹4.50 M
Satisfied Charges
₹1.00 M
Charges Breakdown by Lending Institutions
- Others : 0.30 Cr
- Andhra Bank Housing Finance Limited : 0.15 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Jun 2008 | Others | ₹3.00 M | Open |
| 04 Oct 2001 | Andhra Bank Housing Finance Limited | ₹1.50 M | Open |
| 27 Jun 2005 | The Dhanalkshmi Bank Ltd | ₹1.00 M | Satisfied |
How Many Employees Work at Jagannath Chit Funds?
Unlock and access historical data on people associated with Jagannath Chit Funds, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Jagannath 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 Jagannath Chit Funds's trajectory.
Rating
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
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 Jagannath Chit Funds
Recent activity within the organization
- Annual General Meeting
Jagannath Chit Funds Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Jagannath Chit Funds Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.
- Charges
A charge registered on 27 Jun 2005 via Charge ID 90118083 with The Dhanalkshmi Bank Ltd was fully satisfied on 17 May 2023.
- Charges
A charge with Others of Rs. 3.00 M registered on 13 Jun 2008 with Charge ID 10110489 was modified on 31 Mar 2022.
- Director Appointment
Rameshbabu Mandava was appointed as a Director was appointed as a Director on 08 Feb 2022 & has been associated with this company since 3 years 25 days .
- Director Appointment
Vijayalakshmi Chennupati was appointed as a Director was appointed as a Director on 13 Aug 2019 & has been associated with this company since 5 years 6 months .
Frequently asked questions
What is the Incorporation or founding date of Jagannath Chit Funds Pvt Ltd?
Jagannath Chit Funds Pvt Ltd was incorporated on 22 Dec 1988.
What is authorized share capital and paid-up capital of Jagannath Chit Funds Pvt Ltd?
The authorized share capital of Jagannath Chit Funds Pvt Ltd is ₹ 5.50 M and paid-up capital is ₹ 5.50 M.
Who are the current board members & directors of Jagannath Chit Funds Pvt Ltd?
Currently 8 directors are associated with Jagannath Chit Funds Pvt Ltd.
- Raghavarao Malapati
- Subba Rao Nadella
- Gopalarao Ravi
- Vijayalakshmi Chennupati
- Krishnareddy Battula
- Nagesh Paladugu
- Rameshbabu Mandava
- Nagendra N Naidu
What is the registered address of Jagannath Chit Funds Pvt Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Jagannath Chit Funds Pvt Ltd is Jagannath Complex, Dno.40-27-88 Vijayawada India, Krishna, Andhra Pradesh.
What is the corporate identification number (CIN) and company number of Jagannath Chit Funds Pvt Ltd?
The corporate identification number (CIN) of Jagannath Chit Funds Pvt Ltd is U65992AP1988PTC009421 and the company number is 009421 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Jagannath Chit Funds Pvt Ltd?
According to the financial reports for the fiscal year 2017, the revenue trend for Jagannath Chit Funds Pvt Ltd has fallen by -3.46%.
What change has been observed in the net worth of Jagannath Chit Funds Pvt Ltd, and by what percentage?
The financial reports for the fiscal year 2017 indicates that The net worth of Jagannath Chit Funds Pvt Ltd has experienced an upsurge of 5.24%.
What are the total open charges for Jagannath Chit Funds Pvt Ltd?
As per the financial statements for fiscal Year 2017, The total open charges for Jagannath Chit Funds Pvt Ltd amount to ₹ 4.50 M.
When was the last Balance Sheet of Jagannath Chit Funds Pvt Ltd filed with the ROC?
The most recent Balance Sheet for Jagannath Chit Funds Pvt Ltd was filed with the ROC on 31 Mar 2024.
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