Rowfin Chit Fund Pvt.Ltd.

Provides chit fund services since 1982, based in Andhra Pradesh.

1982 | Krishna, Andhra Pradesh (India) | Active
Last Updated: December 24, 2024

Rowfin Chit Fund.Ltd. Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.50 M
  • Company Age 42 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 99.25 K
  • Revenue Growth -53.08%
  • Profit Growth -616.18%
  • Ebitda 52.93%
  • Net Worth -14.92%
  • Total Assets -13.59%

About Rowfin Chit Fund.Ltd.

Rowfin Chit Fund Pvt.Ltd. (RCFP) is a Private Limited Indian Non-Government Company incorporated in India on 23 February 1982 and has a history of 42 years and 11 months. Its registered office is in Krishna, Andhra Pradesh, 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 2.50 M and a paid-up capital of Rs 1.50 M.

The company currently has active open charges totaling ₹99,252.00.

Krishnarao Chanumolu and Padmavathi Chanumolu serve as directors at the Company.

Company Details

  • Location

    Krishna, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65992AP1982PTC003411

  • Company No.

    003411

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Feb 1982

  • Date of AGM

    23 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Financial Services

Who are the key members and board of directors at Rowfin Chit Fund.Ltd.?

Executive Team (1)

NameDesignationAppointment DateStatus
Krishnarao Chanumolu Country flag representing In Managing Director01-Aug-1985Current

Board Members (1)

NameDesignationAppointment DateStatus
Padmavathi Chanumolu Country flag representing In Director 06-Sep-2007Current

Financial Performance of Rowfin Chit Fund.Ltd..

Rowfin Chit Fund Pvt.Ltd., for the financial year ended 2022, experienced significant reduction in revenue, with a 53.08% decrease. The company also saw a substantial fall in profitability, with a 616.18% decrease in profit. The company's net worth observed a substantial decline by a decrease of 14.92%.

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
-53.08%
Revenue from Operations
Total Assets
-13.59%
Profit or Loss
-616.18%
Net Worth
-14.92%
EBITDA
52.93%

What is the Ownership and Shareholding Structure of Rowfin Chit Fund.Ltd.?

In 2021, Rowfin Chit Fund.Ltd. 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

₹0.10 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Vysya Bank Ltd. : 0.01 Cr

Latest Charge Details

DateLenderAmountStatus
07 Jan 1988Vysya Bank Ltd.₹0.10 MOpen

How Many Employees Work at Rowfin Chit Fund.Ltd.?

Unlock and access historical data on people associated with Rowfin Chit Fund.Ltd., 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 Rowfin Chit Fund.Ltd., 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 Rowfin Chit Fund.Ltd.'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 Rowfin Chit Fund.Ltd.

Recent activity within the organization

  • Annual General Meeting

    Rowfin Chit Fund Pvt.Ltd. last Annual general meeting of members was held on 23 Sep 2024 as per latest MCA records.

    23 Sep 2024

  • Balance Sheet

    Rowfin Chit Fund Pvt.Ltd. has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.

    31 Mar 2024

  • Director Appointment

    Padmavathi Chanumolu was appointed as a Director was appointed as a Director on 06 Sep 2007 & has been associated with this company since 17 years 5 months .

    06 Sep 2007

  • Charges

    A charge with Vysya Bank Ltd. amounted to Rs. 0.10 M with Charge ID 90129225 was registered on 07 Jan 1988.

    07 Jan 1988

  • Director Appointment

    Krishnarao Chanumolu was appointed as a Managing Director was appointed as a Managing Director on 01 Aug 1985 & has been associated with this company since 39 years 6 months .

    01 Aug 1985

  • Company Incorporation

    Rowfin Chit Fund Pvt.Ltd. was registered on 23 Feb 1982 with Roc Vijayawada & aged 42 years 11 months as per MCA records.

    23 Feb 1982

Frequently asked questions

  • Rowfin Chit Fund Pvt.Ltd. was incorporated on 23 Feb 1982.

  • The authorized share capital of Rowfin Chit Fund Pvt.Ltd. is ₹ 2.50 M and paid-up capital is ₹ 1.50 M.

  • Currently 2 directors are associated with Rowfin Chit Fund Pvt.Ltd..

    • Krishnarao Chanumolu
    • Padmavathi Chanumolu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rowfin Chit Fund Pvt.Ltd. is Door No.27-17-48, P.B.Streetgovernorpet Centre Vijaywada India, A.P., Andhra Pradesh, 520002.

  • The corporate identification number (CIN) of Rowfin Chit Fund Pvt.Ltd. is U65992AP1982PTC003411 and the company number is 003411 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Rowfin Chit Fund Pvt.Ltd. has fallen by -53.08%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Rowfin Chit Fund Pvt.Ltd. has experienced an downturn of -14.92%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Rowfin Chit Fund Pvt.Ltd. amount to ₹ 99.25 K .

  • The most recent Balance Sheet for Rowfin Chit Fund Pvt.Ltd. was filed with the ROC on 31 Mar 2024.

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