Navachethana Chits Company Private Limited

Financial services company specializing in chit fund business, currency exchange, and investments.

2009 | Dakshina Kannada, Karnataka (India) | Active
Last Updated: December 24, 2024

Navachethana Chits Company Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 15 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.70 M
  • Revenue Growth 6.10%
  • Profit Growth 15.86%
  • Ebitda -25.51%
  • Net Worth 29.50%
  • Total Assets 3.46%

About Navachethana Chits Company

Navachethana Chits Company Private Limited (NCCPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 June 2009 and has a history of 15 years and eight months. Its registered office is in Dakshina Kannada, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹3.70 M.

Nithin Attavar, Lokesh Shetty, Prasad Shetty, and One other member serve as directors at the Company.

Company Details

  • Location

    Dakshina Kannada, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    navachethana.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65922KA2009PTC050015

  • Company No.

    050015

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Jun 2009

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services

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

Board Members (4)

Name Designation Appointment Date Status
Nithin Attavar Country flag representing In Director 02-Jun-2009 Current
Lokesh Shetty Country flag representing In Director 02-Jun-2009 Current
Prasad Shetty Country flag representing In Director 02-Jun-2009 Current
Prakash Krishna Country flag representing In Director 02-Jun-2009 Current

Financial Performance of Navachethana Chits Company.

Navachethana Chits Company Private Limited, for the financial year ended 2017, experienced modest growth in revenue, with a 6.1% increase. The company also saw a substantial improvement in profitability, with a 15.86% increase in profit. The company's net worth Soared by an impressive increase of 29.5%.

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
6.10%
Revenue from Operations
1.15%
Total Assets
3.46%
Profit or Loss
15.86%
Net Worth
29.50%
EBITDA
-25.51%

What is the Ownership and Shareholding Structure of Navachethana Chits Company?

In 2017, Navachethana Chits Company 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

₹3.70 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.37 Cr

Latest Charge Details

Date Lender Amount Status
28 Mar 2024 Others ₹2.10 M Open
14 Dec 2021 Others ₹1.60 M Open

How Many Employees Work at Navachethana Chits Company?

Navachethana Chits Company has a workforce of 42 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Navachethana Chits Company, 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 Navachethana Chits Company'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 Navachethana Chits Company

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Navachethana Chits Company Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 2.10 M with Charge ID 100922323 was registered on 28 Mar 2024.

    28 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 1.60 M with Charge ID 100521568 was registered on 14 Dec 2021.

    14 Dec 2021

  • Director Appointment

    Nithin Attavar was appointed as a Director was appointed as a Director on 02 Jun 2009 & has been associated with this company since 15 years 8 months .

    02 Jun 2009

  • Director Appointment

    Lokesh Shetty was appointed as a Director was appointed as a Director on 02 Jun 2009 & has been associated with this company since 15 years 8 months .

    02 Jun 2009

Frequently asked questions

  • Navachethana Chits Company Private Limited was incorporated on 02 Jun 2009.

  • The authorized share capital of Navachethana Chits Company Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 4 directors are associated with Navachethana Chits Company Private Limited.

    • Nithin Attavar
    • Lokesh Shetty
    • Prasad Jayakar Shetty
    • Prakash Devadiga Krishna
  • As per Ministry of Corporate Affairs (Mca), the registered address of Navachethana Chits Company Private Limited is Beauty Plaza 1St Floor Balmatta Road Opp. City Light Building, Hampankatta India, Mangalore, Karnataka, 575001.

  • The corporate identification number (CIN) of Navachethana Chits Company Private Limited is U65922KA2009PTC050015 and the company number is 050015 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Navachethana Chits Company Private Limited is https://www.navachethana.com

  • According to the financial reports for the fiscal year 2017, the revenue trend for Navachethana Chits Company Private Limited has risen by 6.10%.

  • As Per 2017 financial reports, 42 employees are currently employed by Navachethana Chits Company Private Limited.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Navachethana Chits Company Private Limited has experienced an upsurge of 29.50%.

  • As per the financial statements for fiscal Year 2017, The total open charges for Navachethana Chits Company Private Limited amount to ₹ 3.70 M.

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

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