Prakalya Chit Funds Private Limited

Founded in 2017 and headquartered in Tamil Nadu, India.

2017 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: January 30, 2025

Prakalya Chit Funds Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.45 M
  • Company Age 7 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 34.62%
  • Profit Growth 62.40%
  • Ebitda -4.56%
  • Net Worth 44.26%
  • Total Assets -24.22%

About Prakalya Chit Funds

Prakalya Chit Funds Private Limited (PCFPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 October 2017 (Seven years and four months 13 days old ). Its registered office is in Coimbatore, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.45 M, as per Ministry of Corporate Affairs (MCA) records.

Vijayakumar Narayanasamy, Narayanaswamy Jaganathan, and Damodaraswamy Narayanasamy serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65929TZ2017PTC029537

  • Company No.

    029537

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Oct 2017

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Financial Services

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

Board Members (3)

Name Designation Appointment Date Status
Vijayakumar Narayanasamy Country flag representing In Director 03-Oct-2017 Current
Narayanaswamy Jaganathan Country flag representing In Director 03-Oct-2017 Current
Damodaraswamy Narayanasamy Country flag representing In Director 03-Oct-2017 Current

Financial Performance of Prakalya Chit Funds.

Prakalya Chit Funds Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 34.62% increase. The company also saw a substantial improvement in profitability, with a 62.4% increase in profit. The company's net worth Soared by an impressive increase of 44.26%.

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
34.62%
Revenue from Operations
28.88%
Total Assets
-24.22%
Profit or Loss
62.40%
Net Worth
44.26%
EBITDA
-4.56%

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

Unlock access to Prakalya Chit Funds's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

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 Prakalya Chit Funds?

Unlock and access historical data on people associated with Prakalya 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 Prakalya 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 Prakalya Chit Funds's trajectory.

Rating

Graph displaying rating trends over time

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Alerts

Alert Indicator

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Latest Updates, News, and FAQs on Prakalya Chit Funds

Recent activity within the organization

  • Annual General Meeting

    Prakalya 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

    Prakalya 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

    Vijayakumar Narayanasamy was appointed as a Director was appointed as a Director on 03 Oct 2017 & has been associated with this company since 7 years 4 months .

    03 Oct 2017

  • Director Appointment

    Narayanaswamy Jaganathan was appointed as a Director was appointed as a Director on 03 Oct 2017 & has been associated with this company since 7 years 4 months .

    03 Oct 2017

  • Director Appointment

    Damodaraswamy Narayanasamy was appointed as a Director was appointed as a Director on 03 Oct 2017 & has been associated with this company since 7 years 4 months .

    03 Oct 2017

  • Company Incorporation

    Prakalya Chit Funds Private Limited was registered on 03 Oct 2017 with Roc Coimbatore & aged 7 years 4 months as per MCA records.

    03 Oct 2017

Frequently asked questions

  • Prakalya Chit Funds Private Limited was incorporated on 03 Oct 2017.

  • The authorized share capital of Prakalya Chit Funds Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.45 M.

  • Currently 3 directors are associated with Prakalya Chit Funds Private Limited.

    • Vijayakumar Narayanasamy
    • Narayanaswamy Jaganathan
    • Damodaraswamy Narayanasamy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prakalya Chit Funds Private Limited is No. 339-340 First Floor Kamarajar Road Varadharajapuram, Uppilipalayam India, Coimbatore, Tamil Nadu, 641015.

  • The corporate identification number (CIN) of Prakalya Chit Funds Private Limited is U65929TZ2017PTC029537 and the company number is 029537 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Prakalya Chit Funds Private Limited has risen by 34.62%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Prakalya Chit Funds Private Limited has experienced an upsurge of 44.26%.

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