New Step Chits Private Limited

Provides financial and related services through chit funds, encouraging members to save money.

2014 | Raichur, Karnataka (India) | Active
Last Updated: December 24, 2024

New Step Chits Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 11 Year, 25 Days
  • Last Filing with ROC 31 Mar 2019
  • Revenue Growth 82.97%
  • Profit Growth 67.50%
  • Ebitda -79.26%
  • Net Worth 152.39%
  • Total Assets 149.70%

About New Step Chits

New Step Chits Private Limited (NSCPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 January 2014 and has a history of 11 years. 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 2019. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.50 M, as per Ministry of Corporate Affairs (MCA) records.

Nadanga Prashanth, Gopalkrishna, and Yallappa Jantli 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

    U65992KA2014PTC073254

  • Company No.

    073254

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Jan 2014

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services

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

Executive Team (1)

NameDesignationAppointment DateStatus
Gopalkrishna Country flag representing In Managing Director28-Jan-2014Current

Board Members (2)

NameDesignationAppointment DateStatus
Nadanga Prashanth Country flag representing In Whole-Time Director 28-Jan-2014Current
Yallappa Jantli Country flag representing In Whole-Time Director 28-Jan-2014Current

Financial Performance of New Step Chits.

New Step Chits Private Limited, for the financial year ended 2016, experienced significant growth in revenue, with a 82.97% increase. The company also saw a substantial improvement in profitability, with a 67.5% increase in profit. The company's net worth Soared by an impressive increase of 152.39%.

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
82.97%
Revenue from Operations
84.12%
Total Assets
149.70%
Profit or Loss
67.50%
Net Worth
152.39%
EBITDA
-79.26%

What is the Ownership and Shareholding Structure of New Step Chits?

In 2017, New Step 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 New Step Chits?

Unlock and access historical data on people associated with New Step Chits, 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 New Step 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 New Step 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 New Step Chits

Recent activity within the organization

  • Annual General Meeting

    New Step Chits Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Balance Sheet

    New Step Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Bangalore.

    31 Mar 2019

  • Director Appointment

    Nadanga Prashanth was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 28 Jan 2014 & has been associated with this company since 11 years 25 days .

    28 Jan 2014

  • Director Appointment

    Gopalkrishna was appointed as a Managing Director was appointed as a Managing Director on 28 Jan 2014 & has been associated with this company since 11 years 25 days .

    28 Jan 2014

  • Director Appointment

    Yallappa Jantli was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 28 Jan 2014 & has been associated with this company since 11 years 25 days .

    28 Jan 2014

  • Company Incorporation

    New Step Chits Private Limited was registered on 28 Jan 2014 with Roc Bangalore & aged 11 years 25 days as per MCA records.

    28 Jan 2014

Frequently asked questions

  • New Step Chits Private Limited was incorporated on 28 Jan 2014.

  • The authorized share capital of New Step Chits Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 3 directors are associated with New Step Chits Private Limited.

    • Nadanga Prashanth
    • Gopalkrishna
    • Yallappa Jantli
  • As per Ministry of Corporate Affairs (Mca), the registered address of New Step Chits Private Limited is Cmc No. 6-1-2714 Vasavi Shopping Complex 1St Floor Adarsha Colony Opp : Geeta H Otel, India, Sindhanur, Karnataka, 584128.

  • The corporate identification number (CIN) of New Step Chits Private Limited is U65992KA2014PTC073254 and the company number is 073254 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2016, the revenue trend for New Step Chits Private Limited has risen by 82.97%.

  • The financial reports for the fiscal year 2016 indicates that The net worth of New Step Chits Private Limited has experienced an upsurge of 152.39%.

  • The most recent Balance Sheet for New Step Chits Private Limited was filed with the ROC on 31 Mar 2019.

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