K V C Chits Private Limited

Manages chit funds for private individuals and businesses.

2008 | Mysore, Karnataka (India) | Active
Last Updated:

K V C Chits Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 17 Year, 7 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 0.92 M
  • Revenue Growth 14.87%
  • Profit Growth -53.86%
  • Ebitda 67.98%
  • Net Worth 18.55%
  • Total Assets 21.69%

About K V C Chits

K V C Chits Private Limited (KVCCPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 February 2008 and has a history of 17 years. Its registered office is in Mysore, Karnataka, 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.

The company currently has active open charges totaling ₹0.92 M.

Venkataramanaswamysetty, Binduvalam Vijayalakshmi, Hebbur Ravikumar, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mysore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65992KA2008PTC045390

  • Company No.

    045390

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Feb 2008

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services

Who are the key members and board of directors at K V C Chits?

Executive Team (1)

NameDesignationAppointment DateStatus
Venkataramanaswamysetty Country flag representing In Managing Director25-Feb-2008Current

Board Members (5)

NameDesignationAppointment DateStatus
Binduvalam Vijayalakshmi Country flag representing In Director 20-Nov-2020Current
Hebbur Ravikumar Country flag representing In Director 31-Jul-2018Current
Koneri Kumar Country flag representing In Director 31-Jul-2018Current
Bindumalyam Chandrika Country flag representing In Director 31-Jul-2018Current
Nagendra Sathyanarayanasetty Country flag representing In Director 20-Nov-2020Current

Financial Performance of K V C Chits.

K V C Chits Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.87% increase. The company also saw a substantial fall in profitability, with a 53.86% decrease in profit. The company's net worth Soared by an impressive increase of 18.55%.

K V C Chits revenue growth over time
K V C Chits 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
14.87%
Revenue from Operations
57.23%
Total Assets
21.69%
Profit or Loss
-53.86%
Net Worth
18.55%
EBITDA
67.98%

What is the Ownership and Shareholding Structure of K V C Chits?

In 2023, K V C 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

₹0.92 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Lakshmi Vilas Bank Limited : 0.09 Cr

Latest Charge Details

DateLenderAmountStatus
27 Dec 2019Lakshmi Vilas Bank Limited₹0.45 MOpen
29 Jan 2019Lakshmi Vilas Bank Limited₹0.47 MOpen

How Many Employees Work at K V C Chits?

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

Employee growth trends for K V C Chits Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of K V C 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 V C 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 V C Chits

Recent activity within the organization

  • Annual General Meeting

    K V C Chits Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    K V C Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

  • Director Appointment

    Binduvalam Ashokkumar Vijayalakshmi was appointed as a Director was appointed as a Director on 20 Nov 2020 & has been associated with this company since 4 years 3 months .

  • Charges

    A charge with Lakshmi Vilas Bank Limited amounted to Rs. 0.45 M with Charge ID 100314358 was registered on 27 Dec 2019.

  • Charges

    A charge with Lakshmi Vilas Bank Limited amounted to Rs. 0.47 M with Charge ID 100235627 was registered on 29 Jan 2019.

  • Director Appointment

    Hebbur Nagarajguptha Ravikumar was appointed as a Director was appointed as a Director on 31 Jul 2018 & has been associated with this company since 6 years 7 months .

Frequently asked questions

  • What is the Incorporation or founding date of K V C Chits Private Limited?

    K V C Chits Private Limited was incorporated on 25 Feb 2008.

  • What is authorized share capital and paid-up capital of K V C Chits Private Limited?

    The authorized share capital of K V C Chits Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Who are the current board members & directors of K V C Chits Private Limited?

    Currently 6 directors are associated with K V C Chits Private Limited.

    • Venkataramanaswamysetty
    • Binduvalam Ashokkumar Vijayalakshmi
    • Hebbur Nagarajguptha Ravikumar
    • Koneri Lakshmana Setty Girish Kumar
    • Bindumalyam Nagesh Chandrika
    • Nagendra Kumar Sathyanarayanasetty

  • What is the registered address of K V C Chits Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of K V C Chits Private Limited is No. 47 Xi Cross Ii Main Vidyaranyapuram, India, Mysore, Karnataka, 570008.

  • What is the corporate identification number (CIN) and company number of K V C Chits Private Limited?

    The corporate identification number (CIN) of K V C Chits Private Limited is U65992KA2008PTC045390 and the company number is 045390 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for K V C Chits Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for K V C Chits Private Limited has risen by 14.87%.

  • What change has been observed in the net worth of K V C Chits Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of K V C Chits Private Limited has experienced an upsurge of 18.55%.

  • What are the total open charges for K V C Chits Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for K V C Chits Private Limited amount to ₹ 0.92 M.

  • When was the last Balance Sheet of K V C Chits Private Limited filed with the ROC?

    The most recent Balance Sheet for K V C Chits Private Limited was filed with the ROC on 31 Mar 2023.

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