Promise Chit Fund Private Limited

Provides financial market operational services since 1981, based in Delhi.

1981 | New Delhi (India) | Active
Last Updated:

Promise Chit Fund Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 3.00 M
  • Company Age 43 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 49.62%
  • Profit Growth -50.83%
  • Ebitda -896.62%
  • Net Worth 5.69%
  • Total Assets 5.63%

About Promise Chit Fund

Promise Chit Fund Private Limited (PCFPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 May 1981 and has a history of 43 years and nine months. Its registered office is in New Delhi, 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 3.00 M and a paid-up capital of Rs 3.00 M, as per Ministry of Corporate Affairs (MCA) records.

Shipra Narang and Prashant Narang serve as directors at the Company.

Company Details

  • Location

    New Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1981PTC011795

  • Company No.

    011795

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 May 1981

  • Date of AGM

    17 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Financial Services

Who are the key members and board of directors at Promise Chit Fund?

Board Members (2)

NameDesignationAppointment DateStatus
Shipra Narang Country flag representing In Director 01-Jan-2005Current
Prashant Narang Country flag representing In Director 01-Feb-2023Current

Financial Performance of Promise Chit Fund.

Promise Chit Fund Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 49.62% increase. The company also saw a substantial fall in profitability, with a 50.83% decrease in profit. The company's net worth moved up by a moderate rise of 5.69%.

Promise Chit Fund revenue growth over time
Promise Chit Fund 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
49.62%
Revenue from Operations
48.99%
Total Assets
5.63%
Profit or Loss
-50.83%
Net Worth
5.69%
EBITDA
-896.62%

What is the Ownership and Shareholding Structure of Promise Chit Fund?

Unlock access to Promise Chit Fund'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 Promise Chit Fund?

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

Employee growth trends for Promise Chit Fund Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Promise Chit Fund, 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 Promise Chit Fund'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 Promise Chit Fund

Recent activity within the organization

  • Annual General Meeting

    Promise Chit Fund Private Limited last Annual general meeting of members was held on 17 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Promise Chit Fund Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

  • Director Appointment

    Prashant Narang was appointed as a Director was appointed as a Director on 01 Feb 2023 & has been associated with this company since 2 years 1 month .

  • Director Appointment

    Shipra Narang was appointed as a Director was appointed as a Director on 01 Jan 2005 & has been associated with this company since 20 years 2 months .

  • Company Incorporation

    Promise Chit Fund Private Limited was registered on 29 May 1981 with Roc Delhi & aged 43 years 9 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Promise Chit Fund Private Limited?

    Promise Chit Fund Private Limited was incorporated on 29 May 1981.

  • What is authorized share capital and paid-up capital of Promise Chit Fund Private Limited?

    The authorized share capital of Promise Chit Fund Private Limited is ₹ 3.00 M and paid-up capital is ₹ 3.00 M.

  • Who are the current board members & directors of Promise Chit Fund Private Limited?

    Currently 2 directors are associated with Promise Chit Fund Private Limited.

    • Shipra Narang
    • Prashant Narang

  • What is the registered address of Promise Chit Fund Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Promise Chit Fund Private Limited is 109 Wing-1, Hans Bhawan Bahadur Shah Zafar Marg India, New Delhi, 110001.

  • What is the corporate identification number (CIN) and company number of Promise Chit Fund Private Limited?

    The corporate identification number (CIN) of Promise Chit Fund Private Limited is U74899DL1981PTC011795 and the company number is 011795 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Promise Chit Fund Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Promise Chit Fund Private Limited has risen by 49.62%.

  • What change has been observed in the net worth of Promise Chit Fund Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Promise Chit Fund Private Limited has experienced an upsurge of 5.69%.

  • When was the last Balance Sheet of Promise Chit Fund Private Limited filed with the ROC?

    The most recent Balance Sheet for Promise Chit Fund Private Limited was filed with the ROC on 31 Mar 2024.

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