Navkar Chit Funds Private Limited

Founded in 1999 and headquartered in Karnataka, India.

1999 | Raichur, Karnataka (India) | Active
Last Updated: December 04, 2024

Navkar Chit Funds Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.25 M
  • Company Age 26 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -27.41%
  • Profit Growth -47.66%
  • Ebitda 174.73%
  • Net Worth 4.74%
  • Total Assets -29.26%

About Navkar Chit Funds

Navkar Chit Funds Private Limited (NCFPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 January 1999 and has a history of 26 years and one month. Its registered office is in Raichur, 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 2023. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.25 M, as per Ministry of Corporate Affairs (MCA) records.

Chanchalraj Bhandari and Surendra Bhandari serve as directors at the Company.

Company Details

  • Location

    Raichur, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65992KA1999PTC024615

  • Company No.

    024615

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Jan 1999

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services

Who are the key members and board of directors at Navkar Chit Funds?

Board Members (2)

Name Designation Appointment Date Status
Chanchalraj Bhandari Country flag representing In Director 06-Jan-1999 Current
Surendra Bhandari Country flag representing In Director 06-Jan-1999 Current

Financial Performance of Navkar Chit Funds.

Navkar Chit Funds Private Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 27.41% decrease. The company also saw a substantial fall in profitability, with a 47.66% decrease in profit. The company's net worth moved up by a moderate rise of 4.74%.

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
-27.41%
Revenue from Operations
-22.08%
Total Assets
-29.26%
Profit or Loss
-47.66%
Net Worth
4.74%
EBITDA
174.73%

What is the Ownership and Shareholding Structure of Navkar Chit Funds?

In 2017, Navkar Chit Funds 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 Navkar Chit Funds?

Unlock and access historical data on people associated with Navkar 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 Navkar 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 Navkar 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 Navkar Chit Funds

Recent activity within the organization

  • Annual General Meeting

    Navkar Chit Funds Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Navkar Chit Funds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Chanchalraj Bhandari was appointed as a Director was appointed as a Director on 06 Jan 1999 & has been associated with this company since 26 years 1 month .

    06 Jan 1999

  • Director Appointment

    Surendra Kumar Bhandari was appointed as a Director was appointed as a Director on 06 Jan 1999 & has been associated with this company since 26 years 1 month .

    06 Jan 1999

  • Company Incorporation

    Navkar Chit Funds Private Limited was registered on 06 Jan 1999 with Roc Bangalore & aged 26 years 1 month as per MCA records.

    06 Jan 1999

Frequently asked questions

  • Navkar Chit Funds Private Limited was incorporated on 06 Jan 1999.

  • The authorized share capital of Navkar Chit Funds Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.25 M.

  • Currently 2 directors are associated with Navkar Chit Funds Private Limited.

    • Chanchalraj Bhandari
    • Surendra Kumar Bhandari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Navkar Chit Funds Private Limited is 11-2-114 1St Floormahaveer Chowk, Raichur India, Karnataka, 584101.

  • The corporate identification number (CIN) of Navkar Chit Funds Private Limited is U65992KA1999PTC024615 and the company number is 024615 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2019, the revenue trend for Navkar Chit Funds Private Limited has fallen by -27.41%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Navkar Chit Funds Private Limited has experienced an upsurge of 4.74%.

  • The most recent Balance Sheet for Navkar Chit Funds Private Limited was filed with the ROC on 31 Mar 2023.