Saigeetham Chit Funds Private Limited

Provides chit fund services for financial activities.

2016 | Warangal, Telangana (India) | Active
Last Updated: December 05, 2024

Saigeetham Chit Funds Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 8 Year, 11 Months
  • Last Filing with ROC 31 Mar 2021
  • Revenue Growth -20.05%
  • Profit Growth 109.58%
  • Ebitda 116.56%
  • Net Worth 7.33%
  • Total Assets 108.41%

About Saigeetham Chit Funds

Saigeetham Chit Funds Private Limited (SCFPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 February 2016 (Eight years and 11 months 9 days old ). Its registered office is in Warangal, 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 1.00 Cr and a paid-up capital of Rs 1.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ashok Gajji, Pitta Venkatesh, and Jitendar Gajji serve as directors at the Company.

Company Details

  • Location

    Warangal, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74900TG2016PTC103424

  • Company No.

    103424

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Feb 2016

  • Date of AGM

    27 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 Saigeetham Chit Funds?

Executive Team (1)

NameDesignationAppointment DateStatus
Ashok Gajji Country flag representing In Managing Director22-Feb-2016Current

Board Members (2)

NameDesignationAppointment DateStatus
Pitta Venkatesh Country flag representing In Director 22-Feb-2016Current
Jitendar Gajji Country flag representing In Additional Director 21-Aug-2020Current

Financial Performance of Saigeetham Chit Funds.

Saigeetham Chit Funds Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 20.05% decrease. The company also saw a substantial improvement in profitability, with a 109.58% increase in profit. The company's net worth moved up by a moderate rise of 7.33%.

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
-20.05%
Revenue from Operations
-25.47%
Total Assets
108.41%
Profit or Loss
109.58%
Net Worth
7.33%
EBITDA
116.56%

What is the Ownership and Shareholding Structure of Saigeetham Chit Funds?

In 2019, Saigeetham Chit Funds 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 Saigeetham Chit Funds?

Saigeetham Chit Funds has a workforce of 11 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Saigeetham Chit Funds, 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 Saigeetham Chit Funds'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 Saigeetham Chit Funds

Recent activity within the organization

  • Annual General Meeting

    Saigeetham Chit Funds Private Limited last Annual general meeting of members was held on 27 Nov 2021 as per latest MCA records.

    27 Nov 2021

  • Balance Sheet

    Saigeetham Chit Funds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Hyderabad.

    31 Mar 2021

  • Director Appointment

    Jitendar Gajji was appointed as a Additional Director was appointed as a Additional Director on 21 Aug 2020 & has been associated with this company since 4 years 5 months .

    21 Aug 2020

  • Director Appointment

    Ashok Kumar Gajji was appointed as a Managing Director was appointed as a Managing Director on 22 Feb 2016 & has been associated with this company since 8 years 11 months .

    22 Feb 2016

  • Director Appointment

    Pitta Venkatesh was appointed as a Director was appointed as a Director on 22 Feb 2016 & has been associated with this company since 8 years 11 months .

    22 Feb 2016

  • Company Incorporation

    Saigeetham Chit Funds Private Limited was registered on 22 Feb 2016 with Roc Hyderabad & aged 8 years 11 months as per MCA records.

    22 Feb 2016

Frequently asked questions

  • Saigeetham Chit Funds Private Limited was incorporated on 22 Feb 2016.

  • The authorized share capital of Saigeetham Chit Funds Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 3 directors are associated with Saigeetham Chit Funds Private Limited.

    • Ashok Kumar Gajji
    • Pitta Venkatesh
    • Jitendar Gajji
  • As per Ministry of Corporate Affairs (Mca), the registered address of Saigeetham Chit Funds Private Limited is H.No.11-14-83 O-City, Ajmills Ground Laxmipuram India, Warangal, Telangana, 506002.

  • The corporate identification number (CIN) of Saigeetham Chit Funds Private Limited is U74900TG2016PTC103424 and the company number is 103424 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Saigeetham Chit Funds Private Limited has fallen by -20.05%.

  • As Per 2020 financial reports, 11 employees are currently employed by Saigeetham Chit Funds Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Saigeetham Chit Funds Private Limited has experienced an upsurge of 7.33%.

  • The most recent Balance Sheet for Saigeetham Chit Funds Private Limited was filed with the ROC on 31 Mar 2021.

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