Korada Chit Funds Private Limited

Korada Chit Funds Private Limited

Founded in 1998 headquartered in Andhra Pradesh, India.
1998 | Vijayawada-2, Andhra Pradesh (India) | Active

Last Updated:

December 21, 2024
HomeCompanyKorada Chit Funds Private Limited

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

Executive Team (1)

NameDesignationAppointment DateStatus
Vijaya Koraada InManaging Director19-Mar-1998Current

Board Members(1)

NameDesignationAppointment DateStatus
Gayatri Chagarla In Director 06-Jun-1998Current

Financial Performance of Korada Chit Funds.

Korada Chit Funds Private Limited, for the financial year ended 2017, experienced significant reduction in revenue, with a 17.37% decrease. The company also saw a substantial improvement in profitability, with a 890.52% increase in profit. The company's net worth moved up by a moderate rise of 3.72%.

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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
-17.37%
Revenue from Operations
-14.78%
Total Assets
6.94%
Profit or Loss
890.52%
Net Worth
3.72%
EBITDA
36.17%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹0.30 M

LenderAmountStatus

Canara Bank

Creation Date: 06 Aug 2001
₹0.30 MOpen

How Many Employees Work at Korada Chit Funds?

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

Employee Graph

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Latest Updates, News, and FAQs on Korada Chit Funds

Recent activity within the organization

  • Annual General Meeting

    Korada Chit Funds Private Limited last Annual general meeting of members was held on 28 Dec 2020 as per latest MCA records.

    28 Dec 2020

  • Balance Sheet

    Korada Chit Funds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Vijayawada.

    31 Mar 2020

  • Charges

    A charge with Canara Bank amounted to Rs. 0.30 M with Charge ID 90126434 was registered on 06 Aug 2001.

    06 Aug 2001

  • Director Appointment

    Gayatri Chagarla was appointed as a Director was appointed as a Director on 06 Jun 1998 & has been associated with this company since 26 years 6 months .

    06 Jun 1998

  • Director Appointment

    Vijaya Kumar Koraada was appointed as a Managing Director was appointed as a Managing Director on 19 Mar 1998 & has been associated with this company since 26 years 9 months .

    19 Mar 1998

  • Company Incorporation

    Korada Chit Funds Private Limited was registered on 19 Mar 1998 with Roc Vijayawada & aged 26 years 9 months as per MCA records.

    19 Mar 1998

Frequently asked questions

  • Korada Chit Funds Private Limited was incorporated on 19 Mar 1998.

  • The authorized share capital of Korada Chit Funds Private Limited is ₹ 0.40 M and paid-up capital is ₹ 0.36 M.

  • Currently 2 directors are associated with Korada Chit Funds Private Limited.

    • Gayatri Chagarla
    • Vijaya Kumar Koraada
  • As per Ministry of Corporate Affairs (Mca), the registered address of Korada Chit Funds Private Limited is 30-16-1 Seetharampuram Eluru Road, Eluru India, Vijayawada-2, Andhra Pradesh.

  • The corporate identification number (CIN) of Korada Chit Funds Private Limited is U65992AP1998PTC029073 and the company number is 029073 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2017, the revenue trend for Korada Chit Funds Private Limited has fallen by -17.37%.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Korada Chit Funds Private Limited has experienced an upsurge of 3.72%.

  • As per the financial statements for fiscal Year 2017, The total open charges for Korada Chit Funds Private Limited amount to ₹ 0.30 M.

  • The most recent Balance Sheet for Korada Chit Funds Private Limited was filed with the ROC on 31 Mar 2020.

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