Kovai Sri Vasavambigai Chit Funds Private Limited

Provides chit fund services in compliance with regulations.

1989 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: December 03, 2024

Kovai Sri Vasavambigai Chit Funds Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.71 M
  • Company Age 36 Year, 3 Days
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 0.48 M
  • Revenue Growth -9.42%
  • Profit Growth 43.41%
  • Ebitda -2.04%
  • Net Worth 2.52%
  • Total Assets -12.31%

About Kovai Sri Vasavambigai Chit Funds

Kovai Sri Vasavambigai Chit Funds Private Limited (KSVCFPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 February 1989 and has a history of 36 years. 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 1.00 M and a paid-up capital of Rs 0.71 M.

The company has closed loans amounting to ₹0.48 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Thimmichetty Nagasubramanian, Pattabiraman Venkatakrishnan, Perumal Rajendran, and Four other members 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

    U65992TZ1989PTC002345

  • Company No.

    002345

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Feb 1989

  • 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 Kovai Sri Vasavambigai Chit Funds?

Executive Team (1)

Name Designation Appointment Date Status
Pandurengan Gopikrishnan Country flag representing In Managing Director 21-Jan-1996 Current

Board Members (6)

Name Designation Appointment Date Status
Thimmichetty Nagasubramanian Country flag representing In Director 29-Sep-1998 Current
Pattabiraman Venkatakrishnan Country flag representing In Director 12-Feb-2000 Current
Perumal Rajendran Country flag representing In Director 29-Sep-1998 Current
Thandayutham Venkatesan Country flag representing In Director 15-Dec-2019 Current
Nagaraj Dhandapani Country flag representing In Director 29-Sep-1998 Current
Pollachi Ramkumar Country flag representing In Director 07-May-2019 Current

Financial Performance of Kovai Sri Vasavambigai Chit Funds.

Kovai Sri Vasavambigai Chit Funds Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 9.42% decrease. The company also saw a substantial improvement in profitability, with a 43.41% increase in profit. The company's net worth moved up by a moderate rise of 2.52%.

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
-9.42%
Revenue from Operations
-8.59%
Total Assets
-12.31%
Profit or Loss
43.41%
Net Worth
2.52%
EBITDA
-2.04%

What is the Ownership and Shareholding Structure of Kovai Sri Vasavambigai Chit Funds?

In 2019, Kovai Sri Vasavambigai Chit Funds had a promoter holding of 5.63% and a public holding of 94.37%. 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

Satisfied Charges

₹0.48 M

Charges Breakdown by Lending Institutions

  • Karur Vysya Bank Ltd. : 0.05 Cr

Latest Charge Details

Date Lender Amount Status
12 Feb 2005 Karur Vysya Bank Ltd. ₹0.48 M Satisfied

How Many Employees Work at Kovai Sri Vasavambigai Chit Funds?

Unlock and access historical data on people associated with Kovai Sri Vasavambigai 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 Kovai Sri Vasavambigai 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 Kovai Sri Vasavambigai 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 Kovai Sri Vasavambigai Chit Funds

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge registered on 12 Feb 2005 via Charge ID 90001799 with Karur Vysya Bank Ltd. was fully satisfied on 17 Mar 2023.

    17 Mar 2023

  • Director Appointment

    Thandayutham Venkatesan was appointed as a Director was appointed as a Director on 15 Dec 2019 & has been associated with this company since 5 years 1 month .

    15 Dec 2019

  • Director Appointment

    Pollachi Manickamchettiar Ramkumar was appointed as a Director was appointed as a Director on 07 May 2019 & has been associated with this company since 5 years 9 months .

    07 May 2019

  • Charges

    A charge with Karur Vysya Bank Ltd. amounted to Rs. 0.48 M with Charge ID 90001799 was registered on 12 Feb 2005.

    12 Feb 2005

Frequently asked questions

  • Kovai Sri Vasavambigai Chit Funds Private Limited was incorporated on 02 Feb 1989.

  • The authorized share capital of Kovai Sri Vasavambigai Chit Funds Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.71 M.

  • Currently 7 directors are associated with Kovai Sri Vasavambigai Chit Funds Private Limited.

    • Thimmichetty Nagasubramanian
    • Pattabiraman Venkatakrishnan
    • Perumal Rajendran
    • Thandayutham Venkatesan
    • Pandurengan Gopikrishnan
    • Nagaraj Dhandapani
    • Pollachi Manickamchettiar Ramkumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kovai Sri Vasavambigai Chit Funds Private Limited is No.1 Nadar Street No.1 2Nd Floor, Vysial Junction India, Coimbatore, Tamil Nadu, 641001.

  • The corporate identification number (CIN) of Kovai Sri Vasavambigai Chit Funds Private Limited is U65992TZ1989PTC002345 and the company number is 002345 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Kovai Sri Vasavambigai Chit Funds Private Limited has fallen by -9.42%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Kovai Sri Vasavambigai Chit Funds Private Limited has experienced an upsurge of 2.52%.

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

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