Pragathi Venkatesh Chits (India) Private Limited

Provides chit fund services since 2009.

2009 | Chittoor, Andhra Pradesh (India) | Active
Last Updated: December 28, 2024

Pragathi Venkatesh Chits (India) Profile

Key Indicators

  • Authorised Capital ₹ 1.80 M
  • Paid Up Capital ₹ 1.80 M
  • Company Age 15 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -9.25%
  • Profit Growth -3.74%
  • Ebitda 19.91%
  • Net Worth 12.42%
  • Total Assets 27.50%

About Pragathi Venkatesh Chits (India)

Pragathi Venkatesh Chits (India) Private Limited (PVCIPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 March 2009 and has a history of 15 years and 11 months. Its registered office is in Chittoor, Andhra Pradesh, 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 1.80 M and a paid-up capital of Rs 1.80 M, as per Ministry of Corporate Affairs (MCA) records.

Sai Garla and Garla Radhikavenkatesh serve as directors at the Company.

Company Details

  • Location

    Chittoor, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65992AP2009PTC063172

  • Company No.

    063172

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Mar 2009

  • 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 Pragathi Venkatesh Chits (India)?

Board Members (2)

NameDesignationAppointment DateStatus
Sai Garla Country flag representing In Director 22-May-2021Current
Garla Radhikavenkatesh Country flag representing In Whole-Time Director 24-Mar-2009Current

Financial Performance of Pragathi Venkatesh Chits (India).

Pragathi Venkatesh Chits (India) Private Limited, for the financial year ended 2020, experienced Minor drop in revenue, with a 9.25% decrease. The company also saw a slight decrease in profitability, with a 3.74% decrease in profit. The company's net worth Soared by an impressive increase of 12.42%.

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
-9.25%
Revenue from Operations
-9.72%
Total Assets
27.50%
Profit or Loss
-3.74%
Net Worth
12.42%
EBITDA
19.91%

What is the Ownership and Shareholding Structure of Pragathi Venkatesh Chits (India)?

In 2020, Pragathi Venkatesh Chits (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 Pragathi Venkatesh Chits (India)?

Unlock and access historical data on people associated with Pragathi Venkatesh Chits (India), 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 Pragathi Venkatesh Chits (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 Pragathi Venkatesh Chits (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 Pragathi Venkatesh Chits (India)

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Director Appointment

    Sai Rohith Garla was appointed as a Director was appointed as a Director on 22 May 2021 & has been associated with this company since 3 years 9 months .

    22 May 2021

  • Director Appointment

    Garla Radhikavenkatesh was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 24 Mar 2009 & has been associated with this company since 15 years 11 months .

    24 Mar 2009

  • Company Incorporation

    Pragathi Venkatesh Chits (India) Private Limited was registered on 24 Mar 2009 with Roc Vijayawada & aged 15 years 11 months as per MCA records.

    24 Mar 2009

Frequently asked questions

  • Pragathi Venkatesh Chits (India) Private Limited was incorporated on 24 Mar 2009.

  • The authorized share capital of Pragathi Venkatesh Chits (India) Private Limited is ₹ 1.80 M and paid-up capital is ₹ 1.80 M.

  • Currently 2 directors are associated with Pragathi Venkatesh Chits (India) Private Limited.

    • Sai Rohith Garla
    • Garla Radhikavenkatesh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pragathi Venkatesh Chits (India) Private Limited is 10/102, Upstairs Sastry Street India, Madanapalle, Andhra Pradesh, 517325.

  • The corporate identification number (CIN) of Pragathi Venkatesh Chits (India) Private Limited is U65992AP2009PTC063172 and the company number is 063172 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Pragathi Venkatesh Chits (India) Private Limited has fallen by -9.25%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Pragathi Venkatesh Chits (India) Private Limited has experienced an upsurge of 12.42%.

  • The most recent Balance Sheet for Pragathi Venkatesh Chits (India) Private Limited was filed with the ROC on 31 Mar 2024.

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