Navashakthi Chits Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
as on 09-07-2024
- Paid Up Capital ₹ 1.00 Cr
as on 09-07-2024
- Company Age 18 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.69 Cr
as on 09-07-2024
- Revenue -1.55%
(FY 2021)
- Profit 264.70%
(FY 2021)
- Ebitda 16.04%
(FY 2021)
- Net Worth 2.63%
(FY 2021)
- Total Assets 25.28%
(FY 2021)
About Navashakthi Chits
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 2023. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 1.00 Cr.
The company currently has active open charges totaling ₹1.69 Cr.
Vadivel Saravanan, Jaganathan Vijaya, and Vadivelu Murthy serve as directors at the Company.
- CIN/LLPIN
U65992KA2006PTC038337
- Company No.
038337
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
30 Jan 2006
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- LocationBangalore-21., Karnataka
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Navashakthi Chits?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vadivel Saravanan  | Managing Director | 30-Jan-2006 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Jaganathan Vijaya | Director | 30-Jan-2006 | Current |
| Vadivelu Murthy | Director | 30-Jan-2006 | Current |
Financial Performance of Navashakthi Chits.
Navashakthi Chits Private Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 1.55% decrease. The company also saw a substantial improvement in profitability, with a 264.7% increase in profit. The company's net worth moved up by a moderate rise of 2.63%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Navashakthi Chits?
In 2021, Navashakthi 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.
Related Corporates (Common Directorship)
- Navashakthi Capital Markets Private LimitedActive 3 years 1 month
Vadivel Saravanan is a mutual person
- Shakthi Business Ventures India LimitedActive 5 years 7 months
Vadivel Saravanan, Jaganathan Vijaya and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 12 Nov 2020 | ₹1.90 M | Open |
Others Creation Date: 17 May 2011 | ₹1.50 Cr | Open |
How Many Employees Work at Navashakthi Chits?
Navashakthi Chits has a workforce of 85 employees as of Mar 31, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Navashakthi 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 Navashakthi Chits'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.
