Pact Chit Funds Private Limited

Chit fund business since 1988, with registered office in Warangal, Telangana.

1988 | Warangal, Telangana (India) | Active
Last Updated: December 14, 2024

Pact Chit Funds Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.27 M
  • Company Age 36 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 0.50 M
  • Revenue Growth %
  • Profit Growth -352.24%
  • Ebitda
  • Net Worth -10.64%
  • Total Assets %

About Pact Chit Funds

Pact Chit Funds Private Limited (PCFPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 May 1988 and has a history of 36 years and nine months. Its registered office is in Warangal, Telangana, India.

The Corporate was formerly known as Pratima Finance Pvt Ltd. 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 0.50 M and a paid-up capital of Rs 0.27 M.

The company currently has active open charges totaling ₹0.50 M.

Srinivas Boinipally and Shailaja Komandla serve as directors at the Company.

Company Details

  • Location

    Warangal, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U67120TG1988PTC008603

  • Company No.

    008603

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 May 1988

  • Date of AGM

    27 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 Pact Chit Funds?

Board Members (2)

NameDesignationAppointment DateStatus
Srinivas Boinipally Country flag representing In Director 02-May-1988Current
Shailaja Komandla Country flag representing In Director 02-May-1988Current

Financial Performance of Pact Chit Funds.

Pact Chit Funds Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 352.24% decrease in profit. The company's net worth observed a substantial decline by a decrease of 10.64%.

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
Revenue from Operations
Total Assets
Profit or Loss
-352.24%
Net Worth
-10.64%
EBITDA

What is the Ownership and Shareholding Structure of Pact Chit Funds?

In 2020, Pact Chit Funds 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

₹0.50 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 0.05 Cr

Latest Charge Details

DateLenderAmountStatus
21 Dec 1988Bank Of Baroda₹0.50 MOpen

How Many Employees Work at Pact Chit Funds?

Unlock and access historical data on people associated with Pact Chit Funds, 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 Pact Chit Funds, 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 Pact Chit Funds'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 Pact Chit Funds

Recent activity within the organization

  • Annual General Meeting

    Pact Chit Funds Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Balance Sheet

    Pact Chit Funds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Charges

    A charge with Bank Of Baroda amounted to Rs. 0.50 M with Charge ID 90118234 was registered on 21 Dec 1988.

    21 Dec 1988

  • Director Appointment

    Srinivas Rao Boinipally was appointed as a Director was appointed as a Director on 02 May 1988 & has been associated with this company since 36 years 9 months .

    02 May 1988

  • Director Appointment

    Shailaja Komandla was appointed as a Director was appointed as a Director on 02 May 1988 & has been associated with this company since 36 years 9 months .

    02 May 1988

  • Company Incorporation

    Pact Chit Funds Private Limited was registered on 02 May 1988 with Roc Hyderabad & aged 36 years 9 months as per MCA records.

    02 May 1988

Frequently asked questions

  • Pact Chit Funds Private Limited was incorporated on 02 May 1988.

  • The authorized share capital of Pact Chit Funds Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.27 M.

  • Currently 2 directors are associated with Pact Chit Funds Private Limited.

    • Srinivas Rao Boinipally
    • Shailaja Komandla
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pact Chit Funds Private Limited is 3-1-178 Kakatiya Colony India, Warangal, Telangana, 506001.

  • The corporate identification number (CIN) of Pact Chit Funds Private Limited is U67120TG1988PTC008603 and the company number is 008603 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2022 indicates that The net worth of Pact Chit Funds Private Limited has experienced an downturn of -10.64%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Pact Chit Funds Private Limited amount to ₹ 0.50 M.

  • The most recent Balance Sheet for Pact Chit Funds Private Limited was filed with the ROC on 31 Mar 2024.