People'S Thrift And Chit Funds Private Limited

Founded in 1968 and headquartered in Tamil Nadu, India.

1968 | Chennai, Tamil Nadu (India) | Active
Last Updated:

People'S Thrift And Chit Funds Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 56 Year, 9 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 1.28 Cr
  • Revenue Growth 4.18%
  • Profit Growth -81.03%
  • Ebitda 146.31%
  • Net Worth 3.03%
  • Total Assets -7.57%

About People'S Thrift And Chit Funds

People's Thrift And Chit Funds Private Limited (PTACFPL) was founded in India on 23 May 1968 and has a glorious history of 56 years and nine months.Its registered office is in Chennai, 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 2021. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹1.28 Cr.

Sathiyanarayanan and Gayathri serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U67120TN1968PTC005618

  • Company No.

    005618

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 May 1968

  • Date of AGM

    29 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

Who are the key members and board of directors at People'S Thrift And Chit Funds?

Executive Team (1)

NameDesignationAppointment DateStatus
Sathiyanarayanan Country flag representing In Managing Director15-May-2002Current

Board Members (1)

NameDesignationAppointment DateStatus
Gayathri Country flag representing In Additional Director 02-Dec-2013Current

Financial Performance of People'S Thrift And Chit Funds.

People'S Thrift And Chit Funds Private Limited, for the financial year ended 2020, experienced modest growth in revenue, with a 4.18% increase. The company also saw a substantial fall in profitability, with a 81.03% decrease in profit. The company's net worth moved up by a moderate rise of 3.03%.

People'S Thrift And Chit Funds revenue growth over time
People'S Thrift And Chit Funds 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
4.18%
Revenue from Operations
-1.99%
Total Assets
-7.57%
Profit or Loss
-81.03%
Net Worth
3.03%
EBITDA
146.31%

What is the Ownership and Shareholding Structure of People'S Thrift And Chit Funds?

In 2017, People'S Thrift And 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

₹12.83 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 1.27 Cr
  • Shamrao Vithal Co- Op. Bank Ltd. : 0.01 Cr

Latest Charge Details

DateLenderAmountStatus
08 Jan 2003Canara Bank₹7.48 MOpen
01 Aug 1988Shamrao Vithal Co- Op. Bank Ltd.₹0.10 MOpen
21 Mar 1988Canara Bank₹1.50 MOpen
24 Dec 1986Canara Bank₹3.70 MOpen
01 Jul 1986Canara Bank₹0.05 MOpen

How Many Employees Work at People'S Thrift And Chit Funds?

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

Employee growth trends for People'S Thrift And Chit Funds Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of People'S Thrift And 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 People'S Thrift And 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 People'S Thrift And Chit Funds

Recent activity within the organization

  • Annual General Meeting

    People'S Thrift And Chit Funds Private Limited last Annual general meeting of members was held on 29 Nov 2021 as per latest MCA records.

  • Balance Sheet

    People'S Thrift And Chit Funds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Chennai.

  • Director Appointment

    Gayathri was appointed as a Additional Director was appointed as a Additional Director on 02 Dec 2013 & has been associated with this company since 11 years 2 months .

  • Charges

    A charge with Canara Bank of Rs. 7.48 M registered on 08 Jan 2003 with Charge ID 90389383 was modified on 30 Jul 2004.

  • Charges

    A charge with Canara Bank amounted to Rs. 7.48 M with Charge ID 90389383 was registered on 08 Jan 2003.

  • Director Appointment

    Sathiyanarayanan was appointed as a Managing Director was appointed as a Managing Director on 15 May 2002 & has been associated with this company since 22 years 9 months .

Frequently asked questions

  • What is the Incorporation or founding date of People'S Thrift And Chit Funds Private Limited?

    People'S Thrift And Chit Funds Private Limited was incorporated on 23 May 1968.

  • What is authorized share capital and paid-up capital of People'S Thrift And Chit Funds Private Limited?

    The authorized share capital of People'S Thrift And Chit Funds Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of People'S Thrift And Chit Funds Private Limited?

    Currently 2 directors are associated with People'S Thrift And Chit Funds Private Limited.

    • Sathiyanarayanan
    • Gayathri
  • What is the registered address of People'S Thrift And Chit Funds Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of People'S Thrift And Chit Funds Private Limited is 'Ananda Building' Room No.11Second Floor 5(Old No.3) Stati On Road West Mambalam India, Chennai-600 033, Tamil Nadu, 600033.

  • What is the corporate identification number (CIN) and company number of People'S Thrift And Chit Funds Private Limited?

    The corporate identification number (CIN) of People'S Thrift And Chit Funds Private Limited is U67120TN1968PTC005618 and the company number is 005618 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for People'S Thrift And Chit Funds Private Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for People'S Thrift And Chit Funds Private Limited has risen by 4.18%.

  • What change has been observed in the net worth of People'S Thrift And Chit Funds Private Limited, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of People'S Thrift And Chit Funds Private Limited has experienced an upsurge of 3.03%.

  • What are the total open charges for People'S Thrift And Chit Funds Private Limited?

    As per the financial statements for fiscal Year 2020, The total open charges for People'S Thrift And Chit Funds Private Limited amount to ₹ 1.28 Cr.

  • When was the last Balance Sheet of People'S Thrift And Chit Funds Private Limited filed with the ROC?

    The most recent Balance Sheet for People'S Thrift And Chit Funds Private Limited was filed with the ROC on 31 Mar 2021.

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