Primesource Chit Funds Private Limited

Provides financial and insurance services since 2016, based in Chennai.

2016 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated: December 29, 2024

Primesource Chit Funds Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 8 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -11.49%
  • Profit Growth -195.31%
  • Ebitda -885.98%
  • Net Worth -117.78%
  • Total Assets 130.42%

About Primesource Chit Funds

Primesource Chit Funds Private Limited (PCFPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 May 2016 (Eight years and nine months 23 days old ). Its registered office is in Kanchipuram, 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 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.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • 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

Financial Services

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

Board Members (3)

NameDesignationAppointment DateStatus
Sripriya Arunasalam Country flag representing In Director 02-May-2016Current
Geetha Sriram Country flag representing In Director 02-May-2016Current
Sethuraman Padmavathi Country flag representing In Director 02-May-2016Current

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%.

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
-11.49%
Revenue from Operations
-16.28%
Total Assets
130.42%
Profit or Loss
-195.31%
Net Worth
-117.78%
EBITDA
-885.98%

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.

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 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 Primesource Chit Funds

Recent activity within the organization

  • Annual General Meeting

    Primesource Chit Funds Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Director Appointment

    Sripriya Arunasalam was appointed as a Director was appointed as a Director on 02 May 2016 & has been associated with this company since 8 years 9 months .

    02 May 2016

  • Director Appointment

    Geetha Sriram was appointed as a Director was appointed as a Director on 02 May 2016 & has been associated with this company since 8 years 9 months .

    02 May 2016

  • Director Appointment

    Sethuraman Padmavathi was appointed as a Director was appointed as a Director on 02 May 2016 & has been associated with this company since 8 years 9 months .

    02 May 2016

  • Company Incorporation

    Primesource Chit Funds Private Limited was registered on 02 May 2016 with Roc Chennai & aged 8 years 9 months as per MCA records.

    02 May 2016

Frequently asked questions

  • Primesource Chit Funds Private Limited was incorporated on 02 May 2016.

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

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

    • Sripriya Arunasalam
    • Geetha Sriram
    • Sethuraman Padmavathi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Primesource Chit Funds Private Limited is No. 82 Mahalingam Street Santhosh Nagar Madhanandapuram, Porur India, Chennai, Tamil Nadu, 600116.

  • The corporate identification number (CIN) of Primesource Chit Funds Private Limited is U74999TN2016PTC110167 and the company number is 110167 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Primesource Chit Funds Private Limited has fallen by -11.49%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Primesource Chit Funds Private Limited has experienced an downturn of -117.78%.

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