Oormi Chitfunds (India) Private Limited

Manages chit funds and supports establishment of chit funds.

2011 | Hyderabad, Telangana (India) | Active
Last Updated:

Oormi Chitfunds (India) Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.60 Cr
  • Company Age 13 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -4.25%
  • Profit Growth 23.57%
  • Ebitda 39.20%
  • Net Worth 11.70%
  • Total Assets 1.42%

About Oormi Chitfunds (India)

Oormi Chitfunds (India) Private Limited (OCIPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 April 2011 and has a history of 13 years and 11 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 Cr and a paid-up capital of Rs 1.60 Cr, as per Ministry of Corporate Affairs (MCA) records.

Amaravadi Rao, Cheeti Rao, Ravinder Polasani, and Two other members serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65992AP2011PTC074108

  • Company No.

    074108

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Apr 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Financial Services

Who are the key members and board of directors at Oormi Chitfunds (India)?

Executive Team (1)

NameDesignationAppointment DateStatus
Srinivasulu Nampally Country flag representing In Managing Director03-Dec-2012Current

Board Members (4)

NameDesignationAppointment DateStatus
Priyanka Mechineni Country flag representing In Director 22-Sep-2017Current
Amaravadi Rao Country flag representing In Whole-Time Director 26-Apr-2011Current
Cheeti Rao Country flag representing In Director 26-Apr-2011Current
Ravinder Polasani Country flag representing In Director 03-Dec-2012Current

Financial Performance of Oormi Chitfunds (India).

Oormi Chitfunds (India) Private Limited, for the financial year ended 2020, experienced Minor drop in revenue, with a 4.25% decrease. The company also saw a substantial improvement in profitability, with a 23.57% increase in profit. The company's net worth Soared by an impressive increase of 11.7%.

Oormi Chitfunds (India) revenue growth over time
Oormi Chitfunds (India) 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
-4.25%
Revenue from Operations
-3.45%
Total Assets
1.42%
Profit or Loss
23.57%
Net Worth
11.70%
EBITDA
39.20%

What is the Ownership and Shareholding Structure of Oormi Chitfunds (India)?

In 2019, Oormi Chitfunds (India) 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 Oormi Chitfunds (India)?

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

Employee growth trends for Oormi Chitfunds (India) Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Oormi Chitfunds (India), 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 Oormi Chitfunds (India)'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 Oormi Chitfunds (India)

Recent activity within the organization

  • Annual General Meeting

    Oormi Chitfunds (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Oormi Chitfunds (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.

  • Director Appointment

    Priyanka Mechineni was appointed as a Director was appointed as a Director on 22 Sep 2017 & has been associated with this company since 7 years 6 months .

  • Director Appointment

    Ravinder Rao Polasani was appointed as a Director was appointed as a Director on 03 Dec 2012 & has been associated with this company since 12 years 3 months .

  • Director Appointment

    Srinivasulu Nampally was appointed as a Managing Director was appointed as a Managing Director on 03 Dec 2012 & has been associated with this company since 12 years 3 months .

  • Director Appointment

    Amaravadi Harikishan Rao was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 26 Apr 2011 & has been associated with this company since 13 years 11 months .

Frequently asked questions

  • What is the Incorporation or founding date of Oormi Chitfunds (India) Private Limited?

    Oormi Chitfunds (India) Private Limited was incorporated on 26 Apr 2011.

  • What is authorized share capital and paid-up capital of Oormi Chitfunds (India) Private Limited?

    The authorized share capital of Oormi Chitfunds (India) Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.60 Cr.

  • Who are the current board members & directors of Oormi Chitfunds (India) Private Limited?

    Currently 5 directors are associated with Oormi Chitfunds (India) Private Limited.

    • Amaravadi Harikishan Rao
    • Cheeti Laxman Rao
    • Ravinder Rao Polasani
    • Srinivasulu Nampally
    • Priyanka Mechineni
  • What is the registered address of Oormi Chitfunds (India) Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Oormi Chitfunds (India) Private Limited is H.No. 6-3-666/B/3 Laxmi Plaza Opp: Nims, Punjagutta India, Hyderabad, Telangana, 500082.

  • What is the corporate identification number (CIN) and company number of Oormi Chitfunds (India) Private Limited?

    The corporate identification number (CIN) of Oormi Chitfunds (India) Private Limited is U65992AP2011PTC074108 and the company number is 074108 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Oormi Chitfunds (India) Private Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Oormi Chitfunds (India) Private Limited has fallen by -4.25%.

  • What change has been observed in the net worth of Oormi Chitfunds (India) Private Limited, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of Oormi Chitfunds (India) Private Limited has experienced an upsurge of 11.70%.

  • When was the last Balance Sheet of Oormi Chitfunds (India) Private Limited filed with the ROC?

    The most recent Balance Sheet for Oormi Chitfunds (India) Private Limited was filed with the ROC on 31 Mar 2024.

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