Northeast Chit Fund Services Private Limited

Provides chit-fund services and plans for various clients since 2010.

2010 | Secunderabad, Telangana (India) | Active
Last Updated:

Northeast Chit Fund Services Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 14 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.95 Cr
  • Revenue Growth 66.41%
  • Profit Growth 115.04%
  • Ebitda 23.43%
  • Net Worth 34.17%
  • Total Assets 48.21%

About Northeast Chit Fund Services

Northeast Chit Fund Services Private Limited (NCFSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 November 2010 and has a history of 14 years and four months. Its registered office is in Secunderabad, Telangana, India.

The Corporate was formerly known as Northeast Chit Fund Services Private Limited. The Company is engaged in the Finance And Insurance 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 2.00 Cr and a paid-up capital of Rs 2.00 Cr.

The company currently has active open charges totaling ₹1.95 Cr.

Rajendra Agarwal, Ritesh Agarwal, Naresh Kumar, and One other member serve as directors at the Company.

Company Details

  • Location

    Secunderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U93000TG2010PTC071274

  • Company No.

    071274

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Nov 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Finance and Insurance

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

Board Members (4)

NameDesignationAppointment DateStatus
Rajendra Agarwal Country flag representing In Director 31-May-2021Current
Ritesh Agarwal Country flag representing In Director 31-May-2021Current
Naresh Kumar Country flag representing In Director 06-May-2019Current
Agarwal Nitin Country flag representing In Director 06-May-2019Current

Financial Performance of Northeast Chit Fund Services.

Northeast Chit Fund Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 66.41% increase. The company also saw a substantial improvement in profitability, with a 115.04% increase in profit. The company's net worth Soared by an impressive increase of 34.17%.

Northeast Chit Fund Services revenue growth over time
Northeast Chit Fund Services 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
66.41%
Revenue from Operations
65.63%
Total Assets
48.21%
Profit or Loss
115.04%
Net Worth
34.17%
EBITDA
23.43%

What is the Ownership and Shareholding Structure of Northeast Chit Fund Services?

In 2023, Northeast Chit Fund Services 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

₹1.95 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 1.95 Cr

Latest Charge Details

DateLenderAmountStatus
21 Mar 2023Hdfc Bank Limited₹9.50 MOpen
29 Mar 2022Hdfc Bank Limited₹1.62 MOpen
29 Mar 2022Hdfc Bank Limited₹8.36 MOpen

How Many Employees Work at Northeast Chit Fund Services?

Northeast Chit Fund Services has a workforce of 23 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.

Employee growth trends for Northeast Chit Fund Services Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Northeast Chit Fund Services, 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 Northeast Chit Fund Services'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 Northeast Chit Fund Services

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Northeast Chit Fund Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.95 Cr with Charge ID 100715520 was registered on 21 Mar 2023.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.16 Cr with Charge ID 100767074 was registered on 29 Mar 2022.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.84 Cr with Charge ID 100767076 was registered on 29 Mar 2022.

  • Director Appointment

    Rajendra Kumar Agarwal was appointed as a Director was appointed as a Director on 31 May 2021 & has been associated with this company since 3 years 9 months .

Frequently asked questions

  • What is the Incorporation or founding date of Northeast Chit Fund Services Private Limited?

    Northeast Chit Fund Services Private Limited was incorporated on 19 Nov 2010.

  • What is authorized share capital and paid-up capital of Northeast Chit Fund Services Private Limited?

    The authorized share capital of Northeast Chit Fund Services Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.

  • Who are the current board members & directors of Northeast Chit Fund Services Private Limited?

    Currently 4 directors are associated with Northeast Chit Fund Services Private Limited.

    • Rajendra Kumar Agarwal
    • Ritesh Kumar Agarwal
    • Naresh Kumar
    • Agarwal Nitin

  • What is the registered address of Northeast Chit Fund Services Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Northeast Chit Fund Services Private Limited is Mch No 1-7-301/Ff/24 To 27 First Floor Hardy Commercial Complex M.G Road., Secunderabad, Telangana, India, 500003.

  • What is the corporate identification number (CIN) and company number of Northeast Chit Fund Services Private Limited?

    The corporate identification number (CIN) of Northeast Chit Fund Services Private Limited is U93000TG2010PTC071274 and the company number is 071274 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Northeast Chit Fund Services Private Limited?

    The Official website of Northeast Chit Fund Services Private Limited is https://www.northeastworld.com

  • What has been the recent revenue trend for Northeast Chit Fund Services Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Northeast Chit Fund Services Private Limited has risen by 66.41%.

  • How many employees does Northeast Chit Fund Services Private Limited currently have?

    As Per 2023 financial reports, 23 employees are currently employed by Northeast Chit Fund Services Private Limited.

  • What change has been observed in the net worth of Northeast Chit Fund Services Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Northeast Chit Fund Services Private Limited has experienced an upsurge of 34.17%.

  • What are the total open charges for Northeast Chit Fund Services Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Northeast Chit Fund Services Private Limited amount to ₹ 1.95 Cr.

  • When was the last Balance Sheet of Northeast Chit Fund Services Private Limited filed with the ROC?

    The most recent Balance Sheet for Northeast Chit Fund Services Private Limited was filed with the ROC on 31 Mar 2023.

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