Palani Chit Funds Private Limited

Palani Chit Funds Private Limited

Manages chit fund business since 1958 in Palani, Tamil Nadu.
1958 | Dindigul, Tamil Nadu (India) | Active

Last Updated:

December 13, 2024
HomeCompanyPalani Chit Funds Private Limited

Who are the key members and board of directors at Palani Chit Funds?

Board Members(2)

NameDesignationAppointment DateStatus
Srinivasarao Parasuraman In Director 08-Apr-1986Current
Anandarao Prathibha In Director 30-Apr-1993Current

Financial Performance of Palani Chit Funds.

Palani Chit Funds Private Limited, for the financial year ended 2020, experienced Minor drop in revenue, with a 3.88% decrease. The company also saw a substantial improvement in profitability, with a 300% increase in profit. The company's net worth moved up by a moderate rise of 1.36%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-3.88%
Revenue from Operations
-4.14%
Total Assets
-4.29%
Profit or Loss
300.00%
Net Worth
1.36%
EBITDA
-0.02%

Charges (Loans)

Charges

There are no open charges registered against the company as per our records.

How Many Employees Work at Palani Chit Funds?

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

Employee Graph

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Rating

Alerts

Latest Updates, News, and FAQs on Palani Chit Funds

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Director Appointment

    Anandarao Prathibha was appointed as a Director was appointed as a Director on 30 Apr 1993 & has been associated with this company since 31 years 7 months .

    30 Apr 1993

  • Director Appointment

    Srinivasarao Parasuraman was appointed as a Director was appointed as a Director on 08 Apr 1986 & has been associated with this company since 38 years 8 months .

    08 Apr 1986

  • Company Incorporation

    Palani Chit Funds Private Limited was registered on 18 Jun 1958 with Roc Coimbatore & aged 66 years 6 months as per MCA records.

    18 Jun 1958

Frequently asked questions

  • Palani Chit Funds Private Limited was incorporated on 18 Jun 1958.

  • The authorized share capital of Palani Chit Funds Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

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

    • Srinivasarao Parasuraman
    • Anandarao Prathibha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Palani Chit Funds Private Limited is 56/22, Rajaji Street Old Dharapuram Road India, Palani, Tamil Nadu, 624601.

  • The corporate identification number (CIN) of Palani Chit Funds Private Limited is U65992TZ1958PTC000285 and the company number is 000285 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Palani Chit Funds Private Limited has fallen by -3.88%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Palani Chit Funds Private Limited has experienced an upsurge of 1.36%.

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

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