Rao Brothers Chit-Fund (India) Private Limited

Founded in 2010 and headquartered in Telangana, India.

2010 | Hyderabad, Telangana (India) | Active
Last Updated: December 15, 2024

Rao Brothers Chit-Fund (India) Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 14 Year, 1 Month
  • Last Filing with ROC 31 Mar 2021
  • Revenue Growth 5.62%
  • Profit Growth -1284.42%
  • Ebitda -7.43%
  • Net Worth -0.06%
  • Total Assets 8.14%

About Rao Brothers Chit-Fund (India)

Rao Brothers Chit-Fund (India) Private Limited (RBCIPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 December 2010 and has a history of 14 years and one month. Its registered office is in Hyderabad, Telangana, 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 2021. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 2.50 M, as per Ministry of Corporate Affairs (MCA) records.

Damodhar Bontha and Sunil Bontha serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65992TG2010PTC071853

  • Company No.

    071853

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Dec 2010

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Financial Services

Who are the key members and board of directors at Rao Brothers Chit-Fund (India)?

Board Members (2)

Name Designation Appointment Date Status
Sunil Bontha Country flag representing In Director 23-Dec-2010 Current
Damodhar Bontha Country flag representing In Director 23-Dec-2010 Current

Financial Performance of Rao Brothers Chit-Fund (India).

Rao Brothers Chit-Fund (India) Private Limited, for the financial year ended 2020, experienced modest growth in revenue, with a 5.62% increase. The company also saw a substantial fall in profitability, with a 1284.42% decrease in profit. The company's net worth dipped by a decrease of 0.06%.

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
5.62%
Revenue from Operations
Total Assets
8.14%
Profit or Loss
-1284.42%
Net Worth
-0.06%
EBITDA
-7.43%

What is the Ownership and Shareholding Structure of Rao Brothers Chit-Fund (India)?

In 2019, Rao Brothers Chit-Fund (India) 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 Rao Brothers Chit-Fund (India)?

Unlock and access historical data on people associated with Rao Brothers Chit-Fund (India), 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 Rao Brothers Chit-Fund (India), 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 (India)'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 Rao Brothers Chit-Fund (India)

Recent activity within the organization

  • Annual General Meeting

    Rao Brothers Chit-Fund (India) Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Balance Sheet

    Rao Brothers Chit-Fund (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Hyderabad.

    31 Mar 2021

  • Director Appointment

    Damodhar Rao Bontha was appointed as a Director was appointed as a Director on 23 Dec 2010 & has been associated with this company since 14 years 1 month .

    23 Dec 2010

  • Director Appointment

    Sunil Kumar Bontha was appointed as a Director was appointed as a Director on 23 Dec 2010 & has been associated with this company since 14 years 1 month .

    23 Dec 2010

  • Company Incorporation

    Rao Brothers Chit-Fund (India) Private Limited was registered on 23 Dec 2010 with Roc Hyderabad & aged 14 years 1 month as per MCA records.

    23 Dec 2010

Frequently asked questions

  • Rao Brothers Chit-Fund (India) Private Limited was incorporated on 23 Dec 2010.

  • The authorized share capital of Rao Brothers Chit-Fund (India) Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

  • Currently 2 directors are associated with Rao Brothers Chit-Fund (India) Private Limited.

    • Damodhar Rao Bontha
    • Sunil Kumar Bontha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rao Brothers Chit-Fund (India) Private Limited is 8-2-277/53 Plot No.53 Ubi Colony Road No.3, Banjara Hills India, Hyderabad, Telangana, 500034.

  • The corporate identification number (CIN) of Rao Brothers Chit-Fund (India) Private Limited is U65992TG2010PTC071853 and the company number is 071853 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Rao Brothers Chit-Fund (India) Private Limited has risen by 5.62%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Rao Brothers Chit-Fund (India) Private Limited has experienced an downturn of -0.06%.

  • The most recent Balance Sheet for Rao Brothers Chit-Fund (India) Private Limited was filed with the ROC on 31 Mar 2021.