Neeladri Chit Fund Pvt Ltd.

Provides chit fund services since 1988 with registered office in Hyderabad, Telangana.

1988 | Hyderabad, Telangana (India) | Active
Last Updated: October 24, 2024

Neeladri Chit Fund Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.37 M
  • Company Age 36 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.00 Cr
  • Revenue Growth 30.21%
  • Profit Growth 68.88%
  • Ebitda 131.60%
  • Net Worth 25.28%
  • Total Assets 15.08%

About Neeladri Chit Fund

Neeladri Chit Fund Pvt Ltd. (NCFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 July 1988 and has a history of 36 years and six months. 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 2.00 M and a paid-up capital of Rs 1.37 M.

The company currently has active open charges totaling ₹5.00 Cr.

Jangi Battini and Rameshchander Reddy serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    neeladrichitfund.com

  • Social Media
    -
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U65992TG1988PTC008863

  • Company No.

    008863

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Jul 1988

  • Date of AGM

    26 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Financial Services

Who are the key members and board of directors at Neeladri Chit Fund?

Executive Team (1)

Name Designation Appointment Date Status
Jangi Battini Country flag representing In Managing Director 19-Jul-1988 Current

Board Members (1)

Name Designation Appointment Date Status
Rameshchander Reddy Country flag representing In Director 06-Sep-2001 Current

Financial Performance of Neeladri Chit Fund.

Neeladri Chit Fund Pvt Ltd., for the financial year ended 2023, experienced significant growth in revenue, with a 30.21% increase. The company also saw a substantial improvement in profitability, with a 68.88% increase in profit. The company's net worth Soared by an impressive increase of 25.28%.

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
30.21%
Revenue from Operations
34.66%
Total Assets
15.08%
Profit or Loss
68.88%
Net Worth
25.28%
EBITDA
131.60%

What is the Ownership and Shareholding Structure of Neeladri Chit Fund?

In 2023, Neeladri Chit Fund 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

₹50.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • City Union Bank Limited : 4.90 Cr
  • City Union Bank Ltd. : 0.09 Cr
  • City Union Bank Ltd : 0.01 Cr

Latest Charge Details

Date Lender Amount Status
31 Jul 2018 City Union Bank Limited ₹4.90 Cr Open
10 Feb 1998 City Union Bank Ltd. ₹0.90 M Open
10 Feb 1989 City Union Bank Ltd ₹0.10 M Open

How Many Employees Work at Neeladri Chit Fund?

Neeladri Chit Fund has a workforce of 58 employees as of Mar 28, 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 Neeladri Chit Fund, 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 Neeladri Chit Fund'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 Neeladri Chit Fund

Recent activity within the organization

  • Annual General Meeting

    Neeladri Chit Fund Pvt Ltd. last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.

    26 Sep 2024

  • Balance Sheet

    Neeladri Chit Fund Pvt Ltd. has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Charges

    A charge with City Union Bank Limited of Rs. 49.00 M registered on 31 Jul 2018 with Charge ID 100198125 was modified on 28 Mar 2024.

    28 Mar 2024

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 49.00 M with Charge ID 100198125 was registered on 31 Jul 2018.

    31 Jul 2018

  • Charges

    A charge with City Union Bank Ltd. of Rs. 0.90 M registered on 10 Feb 1998 with Charge ID 80020517 was modified on 11 Dec 2006.

    11 Dec 2006

  • Director Appointment

    Rameshchander Kodour Reddy was appointed as a Director was appointed as a Director on 06 Sep 2001 & has been associated with this company since 23 years 5 months .

    06 Sep 2001

Frequently asked questions

  • Neeladri Chit Fund Pvt Ltd. was incorporated on 19 Jul 1988.

  • The authorized share capital of Neeladri Chit Fund Pvt Ltd. is ₹ 2.00 M and paid-up capital is ₹ 1.37 M.

  • Currently 2 directors are associated with Neeladri Chit Fund Pvt Ltd..

    • Jangi Reddy Battini
    • Rameshchander Kodour Reddy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Neeladri Chit Fund Pvt Ltd. is No.1-2-597/2 Baraf Bagh Colony Domalguda, India, Hyderabad, Telangana, 500029.

  • The corporate identification number (CIN) of Neeladri Chit Fund Pvt Ltd. is U65992TG1988PTC008863 and the company number is 008863 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Neeladri Chit Fund Pvt Ltd. is https://www.neeladrichitfund.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Neeladri Chit Fund Pvt Ltd. has risen by 30.21%.

  • As Per 2023 financial reports, 58 employees are currently employed by Neeladri Chit Fund Pvt Ltd..

  • The financial reports for the fiscal year 2023 indicates that The net worth of Neeladri Chit Fund Pvt Ltd. has experienced an upsurge of 25.28%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Neeladri Chit Fund Pvt Ltd. amount to ₹ 5.00 Cr.

  • The most recent Balance Sheet for Neeladri Chit Fund Pvt Ltd. was filed with the ROC on 31 Mar 2024.

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