K.T.R. Chits Private Limited

Manages chit funds business in Tamil Nadu since 1993.

1993 | Cuddalore, Tamil Nadu (India) | Active
Last Updated: December 14, 2024

K.T.R. Chits Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.90 M
  • Company Age 31 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.00 M
  • Satisfied Charges ₹ 0.35 M
  • Revenue Growth -5.89%
  • Profit Growth -414.27%
  • Ebitda -25.49%
  • Net Worth -55.03%
  • Total Assets 2.62%

About K.T.R. Chits

K.T.R. Chits Private Limited (KCPL) is a Private Limited Indian Non-Government Company incorporated in India on 07 July 1993 and has a history of 31 years and six months. Its registered office is in Cuddalore, 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 5.00 M and a paid-up capital of Rs 3.90 M.

The company currently has active open charges totaling ₹4.00 M. The company has closed loans amounting to ₹0.35 M, as per Ministry of Corporate Affairs (MCA) records.

Ramalingam, Siddharth Balachandran, Balachandran Chitra, and Two other members serve as directors at the Company.

Company Details

  • Location

    Cuddalore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65991TN1993PTC025402

  • Company No.

    025402

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Jul 1993

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

Who are the key members and board of directors at K.T.R. Chits?

Executive Team (1)

Name Designation Appointment Date Status
Lakshminarayanan Balachandran Country flag representing In Managing Director 03-May-2022 Current

Board Members (4)

Name Designation Appointment Date Status
Balachandran Srinath Country flag representing In Director 01-Feb-2007 Current
Siddharth Balachandran Country flag representing In Director 03-May-2022 Current
Ramalingam Country flag representing In Director 26-Feb-2016 Current
Balachandran Chitra Country flag representing In Director 01-Feb-2007 Current

Financial Performance of K.T.R. Chits.

K.T.R. Chits Private Limited, for the financial year ended 2019, experienced Minor drop in revenue, with a 5.89% decrease. The company also saw a substantial fall in profitability, with a 414.27% decrease in profit. The company's net worth observed a substantial decline by a decrease of 55.03%.

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
-5.89%
Revenue from Operations
-4.20%
Total Assets
2.62%
Profit or Loss
-414.27%
Net Worth
-55.03%
EBITDA
-25.49%

What is the Ownership and Shareholding Structure of K.T.R. Chits?

In 2019, K.T.R. 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)

Open Charges

₹4.00 M

Satisfied Charges

₹0.35 M

Charges Breakdown by Lending Institutions

  • Karur Vysya Bank : 0.40 Cr

Latest Charge Details

Date Lender Amount Status
27 May 2013 Karur Vysya Bank ₹4.00 M Open
06 Sep 2007 The Karur Vysya Bank Limited ₹0.35 M Satisfied

How Many Employees Work at K.T.R. Chits?

Unlock and access historical data on people associated with K.T.R. 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 K.T.R. 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 K.T.R. 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 K.T.R. Chits

Recent activity within the organization

  • Annual General Meeting

    K.T.R. Chits Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    K.T.R. Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Siddharth Balachandran was appointed as a Director was appointed as a Director on 03 May 2022 & has been associated with this company since 2 years 9 months .

    03 May 2022

  • Director Appointment

    Lakshminarayanan Balachandran was appointed as a Managing Director was appointed as a Managing Director on 03 May 2022 & has been associated with this company since 2 years 9 months .

    03 May 2022

  • Director Appointment

    Ramalingam was appointed as a Director was appointed as a Director on 26 Feb 2016 & has been associated with this company since 8 years 11 months .

    26 Feb 2016

  • Charges

    A charge registered on 06 Sep 2007 via Charge ID 10204395 with The Karur Vysya Bank Limited was fully satisfied on 16 Sep 2015.

    16 Sep 2015

Frequently asked questions

  • K.T.R. Chits Private Limited was incorporated on 07 Jul 1993.

  • The authorized share capital of K.T.R. Chits Private Limited is ₹ 5.00 M and paid-up capital is ₹ 3.90 M.

  • Currently 5 directors are associated with K.T.R. Chits Private Limited.

    • Ramalingam
    • Siddharth Balachandran
    • Balachandran Chitra
    • Lakshminarayanan Balachandran
    • Balachandran Srinath
  • As per Ministry of Corporate Affairs (Mca), the registered address of K.T.R. Chits Private Limited is Ktr Buildingschidambaram Road Cuddalore-607 002 India, Tamil Nadu, 607002.

  • The corporate identification number (CIN) of K.T.R. Chits Private Limited is U65991TN1993PTC025402 and the company number is 025402 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2019, the revenue trend for K.T.R. Chits Private Limited has fallen by -5.89%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of K.T.R. Chits Private Limited has experienced an downturn of -55.03%.

  • As per the financial statements for fiscal Year 2019, The total open charges for K.T.R. Chits Private Limited amount to ₹ 4.00 M.

  • The most recent Balance Sheet for K.T.R. Chits Private Limited was filed with the ROC on 31 Mar 2024.

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