Ramesh Chit Funds Private Limited

Ramesh Chit Funds Private Limited

Provides financial services, specializing in chit funding, since 1983 in Tamil Nadu.
1983 | Coimbatore, Tamil Nadu (India) | Active

Last Updated:

December 14, 2024
HomeCompanyRamesh Chit Funds Private Limited

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

Executive Team (1)

NameDesignationAppointment DateStatus
Ramaswamy Ramesh InManaging Director19-May-1997Current

Board Members(1)

NameDesignationAppointment DateStatus
Ramasamy Pachiappan In Additional Director 05-Oct-2017Current

Financial Performance of Ramesh Chit Funds.

Ramesh Chit Funds Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 115.57% increase. The company also saw a substantial improvement in profitability, with a 119.88% increase in profit. The company's net worth moved up by a moderate rise of 2.84%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
115.57%
Revenue from Operations
116.27%
Total Assets
25.15%
Profit or Loss
119.88%
Net Worth
2.84%
EBITDA
167.42%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹57.23 M

LenderAmountStatus

City Union Bank Limited

Creation Date: 21 Dec 2022
₹1.00 CrOpen

Others

Creation Date: 25 Aug 2022
₹2.20 MOpen

City Union Bank Limited

Creation Date: 26 Feb 2021
₹4.00 MOpen

How Many Employees Work at Ramesh Chit Funds?

Ramesh Chit Funds has a workforce of 11 employees as of Mar 22, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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Latest Updates, News, and FAQs on Ramesh Chit Funds

Recent activity within the organization

  • Annual General Meeting

    Ramesh Chit Funds Private Limited last Annual general meeting of members was held on 31 Dec 2023 as per latest MCA records.

    31 Dec 2023

  • Balance Sheet

    Ramesh Chit Funds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 10.00 M with Charge ID 100702302 was registered on 21 Dec 2022.

    21 Dec 2022

  • Charges

    A charge with City Union Bank Limited of Rs. 20.00 M registered on 12 Dec 2018 with Charge ID 100239203 was modified on 21 Dec 2022.

    21 Dec 2022

  • Charges

    A charge with Others amounted to Rs. 2.20 M with Charge ID 100647964 was registered on 25 Aug 2022.

    25 Aug 2022

  • Charges

    A charge with City Union Bank Limited of Rs. 20.00 M registered on 28 May 2012 with Charge ID 10361223 was modified on 25 Mar 2021.

    25 Mar 2021

Frequently asked questions

  • Ramesh Chit Funds Private Limited was incorporated on 23 Feb 1983.

  • The authorized share capital of Ramesh Chit Funds Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.50 M.

  • Currently 2 directors are associated with Ramesh Chit Funds Private Limited.

    • Ramaswamy Pachiappan Ramesh
    • Ramasamy Pachiappan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ramesh Chit Funds Private Limited is R P Towers, 1St Floor No 88 Coimbatore Road India, Pollachi, Tamil Nadu, 642002.

  • The corporate identification number (CIN) of Ramesh Chit Funds Private Limited is U65992TZ1983PTC001255 and the company number is 001255 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ramesh Chit Funds Private Limited is https://www.rpchits.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Ramesh Chit Funds Private Limited has risen by 115.57%.

  • As Per 2022 financial reports, 11 employees are currently employed by Ramesh Chit Funds Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Ramesh Chit Funds Private Limited has experienced an upsurge of 2.84%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Ramesh Chit Funds Private Limited amount to ₹ 5.72 Cr.

  • The most recent Balance Sheet for Ramesh Chit Funds Private Limited was filed with the ROC on 31 Mar 2023.

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