Rao Brothers Chit-Fund Profile
Key Indicators
- Authorised Capital ₹ 2.50 Cr
as on 05-07-2024
- Paid Up Capital ₹ 2.21 Cr
as on 05-07-2024
- Company Age 43 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 11.79 Cr
as on 05-07-2024
- Revenue 1.40%
(FY 2022)
- Profit 8.41%
(FY 2022)
- Ebitda -67.87%
(FY 2022)
- Net Worth 6.16%
(FY 2022)
- Total Assets -13.00%
(FY 2022)
About Rao Brothers Chit-Fund
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 2023. It's a company limited by shares with an authorized capital of Rs 2.50 Cr and a paid-up capital of Rs 2.21 Cr.
The company currently has active open charges totaling ₹11.79 Cr.
Damodhar Bontha, Sunil Bontha, Ramachandra Saridana, and Two other members serve as directors at the Company.
- CIN/LLPIN
U65992TG1980PTC002850
- Company No.
002850
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
27 Nov 1980
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Company Details
- Location
Andhra Pradesh, Telangana, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Rao Brothers Chit-Fund?
Board Members(5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sunil Bontha  | Director | 23-May-2006 | Current |
| Damodhar Bontha | Director | 10-May-1989 | Current |
| Ramachandra Saridana | Whole-Time Director | 13-Nov-2017 | Current |
| Sunita Ilinani | Director | 18-Apr-2006 | Current |
| Nama Rao | Director | 01-Mar-2004 | Current |
Financial Performance and Corporate Structure Insights of Rao Brothers Chit-Fund.
Rao Brothers Chit-Fund Pvt Ltd, for the financial year ended 2022, experienced modest growth in revenue, with a 1.4% increase. The company also saw a slight improvement in profitability, with a 8.41% increase in profit. The company's net worth moved up by a moderate rise of 6.16%.
- 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 Rao Brothers Chit-Fund?
In 2022, Rao Brothers Chit-Fund 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)
Priya Milk And Milk Products Private Limited
Active 20 years 8 monthsDamodhar Bontha, Sunil Bontha and 1 more are mutual person
Rao Brothers Chit-Fund (India) Private Limited
Active 13 years 10 monthsDamodhar Bontha and Sunil Bontha are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
City Union Bank Limited Creation Date: 30 Aug 2023 | ₹4.75 Cr | Open |
Others Creation Date: 19 Apr 2022 | ₹2.50 M | Open |
City Union Bank Limited Creation Date: 12 Mar 2015 | ₹4.90 Cr | Open |
How Many Employees Work at Rao Brothers Chit-Fund?
Unlock and access historical data on people associated with Rao Brothers Chit-Fund, 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 Rao Brothers 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 Rao Brothers Chit-Fund'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.
