Sagar Chits (Visakha) Private Limited

Provides chit fund services and conducts various types of chits in Visakhapatnam, Andhra Pradesh.

2009 | Visakhapatnam, Andhra Pradesh (India) | Active
Last Updated:

Sagar Chits (Visakha) Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 15 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 20.25%
  • Profit Growth 2.28%
  • Ebitda -85.33%
  • Net Worth -4.42%
  • Total Assets 17.11%

About Sagar Chits (Visakha)

Sagar Chits (Visakha) Private Limited (SCVPL) is a Private Limited Indian Non-Government Company incorporated in India on 30 September 2009 and has a history of 15 years and seven months. Its registered office is in Visakhapatnam, 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 0.50 M and a paid-up capital of Rs 0.50 M, as per Ministry of Corporate Affairs (MCA) records.

Usha Bammidi and Pamula Ramesh serve as directors at the Company.

Company Details

  • Location

    Visakhapatnam, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65992AP2009PTC065230

  • Company No.

    065230

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Sep 2009

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Financial Services
Company report

Sagar Chits (Visakha) Private Limited

Explore comprehensive data for Sagar Chits (Visakha) Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Sagar Chits (Visakha)?

Board Members (2)

NameDesignationAppointment DateStatus
Usha Bammidi Country flag representing In Director 30-Sep-2009Current
Pamula Ramesh Country flag representing In Director 19-Nov-2019Current

Financial Performance of Sagar Chits (Visakha).

Sagar Chits (Visakha) Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 20.25% increase. The company also saw a slight improvement in profitability, with a 2.28% increase in profit. The company's net worth dipped by a decrease of 4.42%.

Sagar Chits (Visakha) revenue growth over time
Sagar Chits (Visakha) 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
20.25%
Revenue from Operations
19.82%
Total Assets
17.11%
Profit or Loss
2.28%
Net Worth
-4.42%
EBITDA
-85.33%

What is the Ownership and Shareholding Structure of Sagar Chits (Visakha)?

In 2018, Sagar Chits (Visakha) 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)

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There are no open charges registered against the company as per our records.

How Many Employees Work at Sagar Chits (Visakha)?

Unlock and access historical data on people associated with Sagar Chits (Visakha), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Sagar Chits (Visakha) Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sagar Chits (Visakha), 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 Sagar Chits (Visakha)'s trajectory.

Rating

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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 Sagar Chits (Visakha)

Recent activity within the organization

  • Annual General Meeting

    Sagar Chits (Visakha) Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Sagar Chits (Visakha) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.

  • Director Appointment

    Pamula Ramesh was appointed as a Director was appointed as a Director on 19 Nov 2019 & has been associated with this company since 5 years 5 months .

  • Director Appointment

    Usha Rani Bammidi was appointed as a Director was appointed as a Director on 30 Sep 2009 & has been associated with this company since 15 years 7 months .

  • Company Incorporation

    Sagar Chits (Visakha) Private Limited was registered on 30 Sep 2009 with Roc Vijayawada & aged 15 years 7 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Sagar Chits (Visakha) Private Limited?

    Sagar Chits (Visakha) Private Limited was incorporated on 30 Sep 2009.

  • What is authorized share capital and paid-up capital of Sagar Chits (Visakha) Private Limited?

    The authorized share capital of Sagar Chits (Visakha) Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Who are the current board members & directors of Sagar Chits (Visakha) Private Limited?

    Currently 2 directors are associated with Sagar Chits (Visakha) Private Limited.

    • Usha Rani Bammidi
    • Pamula Ramesh

  • What is the registered address of Sagar Chits (Visakha) Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sagar Chits (Visakha) Private Limited is H.No.9-9-10/4/1 Near Kalabharathi, Mangapuram Colony India, Visakhapatnam, Andhra Pradesh, 530003.

  • What is the corporate identification number (CIN) and company number of Sagar Chits (Visakha) Private Limited?

    The corporate identification number (CIN) of Sagar Chits (Visakha) Private Limited is U65992AP2009PTC065230 and the company number is 065230 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Sagar Chits (Visakha) Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Sagar Chits (Visakha) Private Limited has risen by 20.25%.

  • What change has been observed in the net worth of Sagar Chits (Visakha) Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Sagar Chits (Visakha) Private Limited has experienced an downturn of -4.42%.

  • When was the last Balance Sheet of Sagar Chits (Visakha) Private Limited filed with the ROC?

    The most recent Balance Sheet for Sagar Chits (Visakha) Private Limited was filed with the ROC on 31 Mar 2024.

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