Rao Brothers Chit-Fund Profile
Key Indicators
- Authorised Capital ₹ 2.50 Cr
- Paid Up Capital ₹ 2.21 Cr
- Company Age 44 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 11.79 Cr
- Revenue Growth 1.40%
- Profit Growth 8.41%
- Ebitda -67.87%
- Net Worth 6.16%
- Total Assets -13.00%
About Rao Brothers Chit-Fund
Rao Brothers Chit-Fund Pvt Ltd (RBCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 November 1980 and has a history of 44 years and five months. 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 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, Nama Rao, Sunil Bontha, and Two other members 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
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
Financial Services
Rao Brothers Chit-Fund Pvt Ltd
Explore comprehensive data for Rao Brothers Chit-Fund Pvt Ltd, including financials, compliance details, shareholding patterns, and litigation history.
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 |
| Nama Rao | Director | 01-Mar-2004 | Current |
| Sunita Ilinani | Director | 18-Apr-2006 | Current |
| Ramachandra Saridana | Whole-Time Director | 13-Nov-2017 | Current |
Financial Performance 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
| Metrics |
| (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%. The company had 1 Subsidiary. 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 LimitedDamodhar Bontha, Nama Rao and 1 more are mutual person
Prg Buildcon India Private LimitedSunil Bontha is a mutual person
Rao Brothers Chit-Fund (India) Private LimitedDamodhar Bontha and Sunil Bontha are mutual person
- Naya - Rcm Infra Private Limited
Sunil Bontha is a mutual person
- Crossteam Private Limited
Sunil Bontha is a mutual person
Charges (Loans)
Open Charges
₹11.79 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- City Union Bank Limited : 11.45 Cr
- Others : 0.25 Cr
- City Union Bankltd : 0.09 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Aug 2023 | City Union Bank Limited | ₹4.75 Cr | Open |
| 19 Apr 2022 | Others | ₹2.50 M | Open |
| 12 Mar 2015 | City Union Bank Limited | ₹4.90 Cr | Open |
| 27 Mar 2014 | City Union Bank Limited | ₹7.00 M | Open |
| 27 Sep 2002 | City Union Bank Limited | ₹1.00 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.
Latest Updates, News, and FAQs on Rao Brothers Chit-Fund
Recent activity within the organization
- Annual General Meeting
Rao Brothers Chit-Fund Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with City Union Bank Limited amounted to Rs. 4.75 Cr with Charge ID 100792387 was registered on 30 Aug 2023.
- Balance Sheet
Rao Brothers Chit-Fund Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.
- Charges
A charge with Others amounted to Rs. 0.25 Cr with Charge ID 100581509 was registered on 19 Apr 2022.
- Director Appointment
Ramachandra Rao Saridana was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 13 Nov 2017 & has been associated with this company since 7 years 5 months .
- Charges
A charge with City Union Bank Limited of Rs. 4.90 Cr registered on 12 Mar 2015 with Charge ID 10584613 was modified on 26 Feb 2016.
Frequently asked questions
What is the Incorporation or founding date of Rao Brothers Chit-Fund Pvt Ltd?
Rao Brothers Chit-Fund Pvt Ltd was incorporated on 27 Nov 1980.
What is authorized share capital and paid-up capital of Rao Brothers Chit-Fund Pvt Ltd?
The authorized share capital of Rao Brothers Chit-Fund Pvt Ltd is ₹ 2.50 Cr and paid-up capital is ₹ 2.21 Cr.
Who are the current board members & directors of Rao Brothers Chit-Fund Pvt Ltd?
Currently 5 directors are associated with Rao Brothers Chit-Fund Pvt Ltd.
- Damodhar Rao Bontha
- Nama Rammohan Rao
- Sunil Kumar Bontha
- Sunita Ilinani
- Ramachandra Rao Saridana
What is the registered address of Rao Brothers Chit-Fund Pvt Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Rao Brothers Chit-Fund Pvt Ltd is No.317 Model Housepanjagutta, Hyderabad India, Andhra Pradesh, Telangana, 500082.
What is the corporate identification number (CIN) and company number of Rao Brothers Chit-Fund Pvt Ltd?
The corporate identification number (CIN) of Rao Brothers Chit-Fund Pvt Ltd is U65992TG1980PTC002850 and the company number is 002850 as per Ministry of Corporate Affairs (MCA).
What is the official website of Rao Brothers Chit-Fund Pvt Ltd?
The Official website of Rao Brothers Chit-Fund Pvt Ltd is https://www.rbcf.in
What has been the recent revenue trend for Rao Brothers Chit-Fund Pvt Ltd?
According to the financial reports for the fiscal year 2022, the revenue trend for Rao Brothers Chit-Fund Pvt Ltd has risen by 1.40%.
What change has been observed in the net worth of Rao Brothers Chit-Fund Pvt Ltd, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Rao Brothers Chit-Fund Pvt Ltd has experienced an upsurge of 6.16%.
What are the total open charges for Rao Brothers Chit-Fund Pvt Ltd?
As per the financial statements for fiscal Year 2022, The total open charges for Rao Brothers Chit-Fund Pvt Ltd amount to ₹ 11.79 Cr.
When was the last Balance Sheet of Rao Brothers Chit-Fund Pvt Ltd filed with the ROC?
The most recent Balance Sheet for Rao Brothers Chit-Fund Pvt Ltd was filed with the ROC on 31 Mar 2023.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
SB
Surya BonthaDirector
Similar Companies Based on Diversified Financial Services
Fidelity Business Services India Private Limited Bangaluru, Karnataka, India
Asirvad Micro Finance Limited Chennai, Tamil Nadu, India
Satin Creditcare Network Limited Delhi, India
Tipsons Financial Services Private Limited Ahmedabad, Gujarat, India- Tipsons Consultancy Services Private Limited Ahmedabad, Gujarat, India
Creditaccess Grameen Limited Bangaluru, Karnataka, India
Fusion Finance Limited Delhi, India