Laxman Chitfund Private Limited
Provides chit fund services and acts as promoters, organizers, managers, and auctioneers for conventional chits.
1994 | Hyderabad, Telangana (India) | Active
Laxman Chitfund Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.10 M
- Company Age 30 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 3.80 M
- Revenue Growth -8.05%
- Profit Growth -0.90%
- Ebitda 318.00%
- Net Worth 8.67%
- Total Assets -14.16%
About Laxman Chitfund
Laxman Chitfund Private Limited (LCPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 July 1994 and has a history of 30 years and seven months. Its registered office is in Hyderabad, Telangana, India.
The Corporate was formerly known as Laxman Chit Fund And Finance Pvt Ltd,. 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 0.50 M and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹3.80 M.
Davuluri Lakshman, Kantha Davuluri, and Appa Mundra serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65992TG1994PTC017996
- Company No.
017996
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
26 Jul 1994
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Financial Services
Laxman Chitfund Private Limited
Explore comprehensive data for Laxman Chitfund Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Laxman Chitfund?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kantha Davuluri  | Managing Director | 20-Sep-2006 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Davuluri Lakshman | Director | 07-Jun-2006 | Current |
| Appa Mundra | Director | 01-Jun-2001 | Current |
Financial Performance of Laxman Chitfund.
Laxman Chitfund Private Limited, for the financial year ended 2020, experienced Minor drop in revenue, with a 8.05% decrease. The company also saw a slight decrease in profitability, with a 0.9% decrease in profit. The company's net worth moved up by a moderate rise of 8.67%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Laxman Chitfund?
In 2019, Laxman Chitfund had a promoter holding of 70.00% and a public holding of 30.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Dar Retail Private Limited
Davuluri Lakshman, Kantha Davuluri and 1 more are mutual person
- Hr Prism Solutions Private Limited
Davuluri Lakshman and Kantha Davuluri are mutual person
Charges (Loans)
Open Charges
₹3.80 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Karnataka Bank Ltd. : 0.38 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Sep 2023 | Karnataka Bank Ltd. | ₹3.80 M | Open |
How Many Employees Work at Laxman Chitfund?
Unlock and access historical data on people associated with Laxman Chitfund, 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 Laxman Chitfund, 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 Laxman Chitfund'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 Laxman Chitfund
Recent activity within the organization
- Annual General Meeting
Laxman Chitfund Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Laxman Chitfund Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
- Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 3.80 M with Charge ID 100784032 was registered on 11 Sep 2023.
- Director Appointment
Kantha Mani Davuluri was appointed as a Managing Director was appointed as a Managing Director on 20 Sep 2006 & has been associated with this company since 18 years 5 months .
- Director Appointment
Davuluri Lakshman was appointed as a Director was appointed as a Director on 07 Jun 2006 & has been associated with this company since 18 years 9 months .
- Director Appointment
Appa Rao Mundra was appointed as a Director was appointed as a Director on 01 Jun 2001 & has been associated with this company since 23 years 9 months .
Frequently asked questions
What is the Incorporation or founding date of Laxman Chitfund Private Limited?
Laxman Chitfund Private Limited was incorporated on 26 Jul 1994.
What is authorized share capital and paid-up capital of Laxman Chitfund Private Limited?
The authorized share capital of Laxman Chitfund Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Laxman Chitfund Private Limited?
Currently 3 directors are associated with Laxman Chitfund Private Limited.
- Davuluri Lakshman
- Kantha Mani Davuluri
- Appa Rao Mundra
What is the registered address of Laxman Chitfund Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Laxman Chitfund Private Limited is Flat No.311 Bhanu Enclave7-1-638 To 643/1, Sundernagar Colony India, Hyderabad, Telangana, 500038.
What is the corporate identification number (CIN) and company number of Laxman Chitfund Private Limited?
The corporate identification number (CIN) of Laxman Chitfund Private Limited is U65992TG1994PTC017996 and the company number is 017996 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Laxman Chitfund Private Limited?
According to the financial reports for the fiscal year 2020, the revenue trend for Laxman Chitfund Private Limited has fallen by -8.05%.
What change has been observed in the net worth of Laxman Chitfund Private Limited, and by what percentage?
The financial reports for the fiscal year 2020 indicates that The net worth of Laxman Chitfund Private Limited has experienced an upsurge of 8.67%.
What are the total open charges for Laxman Chitfund Private Limited?
As per the financial statements for fiscal Year 2020, The total open charges for Laxman Chitfund Private Limited amount to ₹ 3.80 M.
When was the last Balance Sheet of Laxman Chitfund Private Limited filed with the ROC?
The most recent Balance Sheet for Laxman Chitfund Private Limited was filed with the ROC on 31 Mar 2024.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records