Narvee Chits Private Limited

Offers chit schemes for investment, catering to various professions and locations.

2015 | Hyderabad, Telangana (India) | Active
Last Updated:

Narvee Chits Profile

Key Indicators

  • Authorised Capital ₹ 1.15 Cr
  • Paid Up Capital ₹ 1.15 Cr
  • Company Age 9 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -24.16%
  • Profit Growth 23.05%
  • Ebitda 21.00%
  • Net Worth 42.87%
  • Total Assets -9.03%

About Narvee Chits

Narvee Chits Private Limited (NCPL) is a Private Limited Indian Non-Government Company incorporated in India on 09 October 2015 (Nine years and seven months 7 days old ). Its registered office is in Hyderabad, Telangana, 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 1.15 Cr and a paid-up capital of Rs 1.15 Cr, as per Ministry of Corporate Affairs (MCA) records.

Narsinga Madhavaneni and Ambati Reddy 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

    U65992TG2015PTC101113

  • Company No.

    101113

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Oct 2015

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Financial Services
Company report

Narvee Chits Private Limited

Explore comprehensive data for Narvee Chits Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Narvee Chits?

Executive Team (1)

NameDesignationAppointment DateStatus
Narsinga Madhavaneni Country flag representing In Managing Director09-Oct-2015Current

Board Members (1)

NameDesignationAppointment DateStatus
Ambati Reddy Country flag representing In Director 10-Mar-2022Current

Financial Performance of Narvee Chits.

Narvee Chits Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 24.16% decrease. The company also saw a substantial improvement in profitability, with a 23.05% increase in profit. The company's net worth Soared by an impressive increase of 42.87%.

Narvee Chits revenue growth over time
Narvee 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
-24.16%
Revenue from Operations
-25.91%
Total Assets
-9.03%
Profit or Loss
23.05%
Net Worth
42.87%
EBITDA
21.00%

What is the Ownership and Shareholding Structure of Narvee Chits?

In 2020, Narvee 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Narvee Chits?

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

Employee growth trends for Narvee Chits Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Narvee 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 Narvee 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 Narvee Chits

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Narvee Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

  • Director Appointment

    Ambati Harish Reddy was appointed as a Director was appointed as a Director on 10 Mar 2022 & has been associated with this company since 3 years 2 months .

  • Director Appointment

    Narsinga Rao Madhavaneni was appointed as a Managing Director was appointed as a Managing Director on 09 Oct 2015 & has been associated with this company since 9 years 7 months .

  • Company Incorporation

    Narvee Chits Private Limited was registered on 09 Oct 2015 with Roc Hyderabad & aged 9 years 7 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Narvee Chits Private Limited?

    Narvee Chits Private Limited was incorporated on 09 Oct 2015.

  • What is authorized share capital and paid-up capital of Narvee Chits Private Limited?

    The authorized share capital of Narvee Chits Private Limited is ₹ 1.15 Cr and paid-up capital is ₹ 1.15 Cr.

  • Who are the current board members & directors of Narvee Chits Private Limited?

    Currently 2 directors are associated with Narvee Chits Private Limited.

    • Narsinga Rao Madhavaneni
    • Ambati Harish Reddy

  • What is the registered address of Narvee Chits Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Narvee Chits Private Limited is H.No:7-1-618 Office Space No.404B Suit No.101 4Th Floor, Aditya Trade Centre (F G) Blo Ck India, Ameerpet Hyderabad, Telangana, 500038.

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

    The corporate identification number (CIN) of Narvee Chits Private Limited is U65992TG2015PTC101113 and the company number is 101113 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Narvee Chits Private Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Narvee Chits Private Limited has fallen by -24.16%.

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

    The financial reports for the fiscal year 2020 indicates that The net worth of Narvee Chits Private Limited has experienced an upsurge of 42.87%.

  • When was the last Balance Sheet of Narvee Chits Private Limited filed with the ROC?

    The most recent Balance Sheet for Narvee Chits Private Limited was filed with the ROC on 31 Mar 2024.

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