Ramcharan Chits Private Limited

Provides chit services since 1994 with registered office in Basavangudi, Bangalore.

1994 | Bangaluru, Karnataka (India) | Active
Last Updated: December 27, 2024

Ramcharan Chits Profile

Key Indicators

  • Authorised Capital ₹ 0.20 M
  • Paid Up Capital ₹ 0.12 M
  • Company Age 30 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 0.70 M
  • Revenue Growth -20.08%
  • Profit Growth 60.11%
  • Ebitda 88.06%
  • Net Worth 6.97%
  • Total Assets 33.27%

About Ramcharan Chits

Ramcharan Chits Private Limited (RCPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 April 1994 and has a history of 30 years and nine months. Its registered office is in Bangaluru, Karnataka, 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 0.20 M and a paid-up capital of Rs 0.12 M.

The company currently has active open charges totaling ₹0.70 M.

Masthi Srinivasa and Masthi Sujatha serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65992KA1994PTC015540

  • Company No.

    015540

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Apr 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services

Who are the key members and board of directors at Ramcharan Chits?

Executive Team (1)

NameDesignationAppointment DateStatus
Masthi Srinivasa Country flag representing In Managing Director22-Apr-1994Current

Board Members (1)

NameDesignationAppointment DateStatus
Masthi Sujatha Country flag representing In Director 22-Apr-1994Current

Financial Performance of Ramcharan Chits.

Ramcharan Chits Private Limited, for the financial year ended 2017, experienced significant reduction in revenue, with a 20.08% decrease. The company also saw a substantial improvement in profitability, with a 60.11% increase in profit. The company's net worth moved up by a moderate rise of 6.97%.

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
-20.08%
Revenue from Operations
9.28%
Total Assets
33.27%
Profit or Loss
60.11%
Net Worth
6.97%
EBITDA
88.06%

What is the Ownership and Shareholding Structure of Ramcharan Chits?

In 2017, Ramcharan Chits 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)

Open Charges

₹0.70 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Vijaya Bank : 0.07 Cr

Latest Charge Details

DateLenderAmountStatus
26 Sep 2006Vijaya Bank₹0.70 MOpen

How Many Employees Work at Ramcharan Chits?

Unlock and access historical data on people associated with Ramcharan Chits, 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 Ramcharan Chits, 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 Ramcharan Chits'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 Ramcharan Chits

Recent activity within the organization

  • Annual General Meeting

    Ramcharan Chits Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Ramcharan Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Vijaya Bank amounted to Rs. 0.70 M with Charge ID 10022220 was registered on 26 Sep 2006.

    26 Sep 2006

  • Director Appointment

    Masthi Subramanya Setty Srinivasa was appointed as a Managing Director was appointed as a Managing Director on 22 Apr 1994 & has been associated with this company since 30 years 9 months .

    22 Apr 1994

  • Director Appointment

    Masthi Srinivas Sujatha was appointed as a Director was appointed as a Director on 22 Apr 1994 & has been associated with this company since 30 years 9 months .

    22 Apr 1994

  • Company Incorporation

    Ramcharan Chits Private Limited was registered on 22 Apr 1994 with Roc Bangalore & aged 30 years 9 months as per MCA records.

    22 Apr 1994

Frequently asked questions

  • Ramcharan Chits Private Limited was incorporated on 22 Apr 1994.

  • The authorized share capital of Ramcharan Chits Private Limited is ₹ 0.20 M and paid-up capital is ₹ 0.12 M.

  • Currently 2 directors are associated with Ramcharan Chits Private Limited.

    • Masthi Subramanya Setty Srinivasa
    • Masthi Srinivas Sujatha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ramcharan Chits Private Limited is Southern Portion Of Iii Floor No. 98/1 Sujatha Arcade Gandhi Bazaar Main Road, Basavanag India, Bengaluru, Karnataka, 560004.

  • The corporate identification number (CIN) of Ramcharan Chits Private Limited is U65992KA1994PTC015540 and the company number is 015540 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2017, the revenue trend for Ramcharan Chits Private Limited has fallen by -20.08%.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Ramcharan Chits Private Limited has experienced an upsurge of 6.97%.

  • As per the financial statements for fiscal Year 2017, The total open charges for Ramcharan Chits Private Limited amount to ₹ 0.70 M.

  • The most recent Balance Sheet for Ramcharan Chits Private Limited was filed with the ROC on 31 Mar 2024.