Primesource Chit Funds Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
as on 29-12-2024
- Paid Up Capital ₹ 0.10 M
as on 29-12-2024
- Company Age 8 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Revenue -11.49%
(FY 2020)
- Profit -195.31%
(FY 2020)
- Ebitda -885.98%
(FY 2020)
- Net Worth -117.78%
(FY 2020)
- Total Assets 130.42%
(FY 2020)
About Primesource Chit Funds
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 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.
Sripriya Arunasalam, Geetha Sriram, and Sethuraman Padmavathi serve as directors at the Company.
- CIN/LLPIN
U74999TN2016PTC110167
- Company No.
110167
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
02 May 2016
- Date of AGM
28 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Company Details
- Location
Kanchipuram, Tamil Nadu, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Primesource Chit Funds?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sripriya Arunasalam  | Director | 02-May-2016 | Current |
| Geetha Sriram | Director | 02-May-2016 | Current |
| Sethuraman Padmavathi | Director | 02-May-2016 | Current |
Financial Performance of Primesource Chit Funds.
Primesource Chit Funds Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 11.49% decrease. The company also saw a substantial fall in profitability, with a 195.31% decrease in profit. The company's net worth observed a substantial decline by a decrease of 117.78%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Primesource Chit Funds?
In 2017, Primesource 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.
Related Corporates (Common Directorship)
Chennai Mobility Solution Private LimitedActive 6 months 16 daysSripriya Arunasalam and Sethuraman Padmavathi are mutual person
- Proficient Tech Private LimitedActive 12 years 9 months
Sripriya Arunasalam and Sethuraman Padmavathi are mutual person
- Proficient Knowledge Development Initiatives Private LimitedActive 7 years 7 months
Sripriya Arunasalam and Sethuraman Padmavathi are mutual person
- Lotus Samrddhi Private LimitedActive 13 years 2 months
Geetha Sriram and Sethuraman Padmavathi are mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Primesource Chit Funds?
Unlock and access historical data on people associated with Primesource Chit Funds, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Primesource 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 Primesource Chit Funds's trajectory.
Rating
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
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.
