Omvelava Chit Fund Private Limited

Founded in 2018 and headquartered in Tamil Nadu, India.

2018 | Coimbatore, Tamil Nadu (India) | Active
Last Updated:

Omvelava Chit Fund Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 6 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -23.10%
  • Profit Growth -92.15%
  • Ebitda -23.66%
  • Net Worth 0.83%
  • Total Assets -31.49%

About Omvelava Chit Fund

Omvelava Chit Fund Private Limited (OCFPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 April 2018 (Six years and ten months 25 days old ). Its registered office is in Coimbatore, Tamil Nadu, 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 1.00 M and a paid-up capital of Rs 0.50 M, as per Ministry of Corporate Affairs (MCA) records.

Sallarapatti Sivasankaran and Subramaniam Preetha serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65992TZ2018PTC030312

  • Company No.

    030312

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Apr 2018

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Financial Services

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

Executive Team (1)

NameDesignationAppointment DateStatus
Sallarapatti Sivasankaran Country flag representing In Managing Director10-Apr-2018Current

Board Members (1)

NameDesignationAppointment DateStatus
Subramaniam Preetha Country flag representing In Director 20-Sep-2024Current

Financial Performance of Omvelava Chit Fund.

Omvelava Chit Fund Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 23.1% decrease. The company also saw a substantial fall in profitability, with a 92.15% decrease in profit. The company's net worth moved up by a moderate rise of 0.83%.

Omvelava Chit Fund revenue growth over time
Omvelava Chit Fund 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
-23.10%
Revenue from Operations
-29.40%
Total Assets
-31.49%
Profit or Loss
-92.15%
Net Worth
0.83%
EBITDA
-23.66%

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

Unlock access to Omvelava Chit Fund's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

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 Omvelava Chit Fund?

Unlock and access historical data on people associated with Omvelava Chit Fund, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Omvelava Chit Fund Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Omvelava 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 Omvelava 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 Omvelava Chit Fund

Recent activity within the organization

  • Annual General Meeting

    Omvelava Chit Fund Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Director Appointment

    Subramaniam Preetha was appointed as a Director was appointed as a Director on 20 Sep 2024 & has been associated with this company since 5 months 14 days .

  • Balance Sheet

    Omvelava Chit Fund Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

  • Director Appointment

    Sallarapatti Somasundaram Sivasankaran was appointed as a Managing Director was appointed as a Managing Director on 10 Apr 2018 & has been associated with this company since 6 years 10 months .

  • Company Incorporation

    Omvelava Chit Fund Private Limited was registered on 10 Apr 2018 with Roc Coimbatore & aged 6 years 10 months as per MCA records.

Frequently asked questions

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

    Omvelava Chit Fund Private Limited was incorporated on 10 Apr 2018.

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

    The authorized share capital of Omvelava Chit Fund Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.50 M.

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

    Currently 2 directors are associated with Omvelava Chit Fund Private Limited.

    • Sallarapatti Somasundaram Sivasankaran
    • Subramaniam Preetha
  • What is the registered address of Omvelava Chit Fund Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Omvelava Chit Fund Private Limited is No.108, Bharathi Poonga Saalai-2 Saibaba Colony India, Coimbatore, Tamil Nadu, 641011.

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

    The corporate identification number (CIN) of Omvelava Chit Fund Private Limited is U65992TZ2018PTC030312 and the company number is 030312 as per Ministry of Corporate Affairs (MCA).

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

    According to the financial reports for the fiscal year 2022, the revenue trend for Omvelava Chit Fund Private Limited has fallen by -23.10%.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Omvelava Chit Fund Private Limited has experienced an upsurge of 0.83%.

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

    The most recent Balance Sheet for Omvelava Chit Fund Private Limited was filed with the ROC on 31 Mar 2024.

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