Schchara Chit Funds Private Limited

Founded in 2015 and headquartered in Karnataka, India.

2015 | Davangere, Karnataka (India) | Active
Last Updated: December 05, 2024

Schchara Chit Funds Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.80 M
  • Company Age 9 Year, 9 Months
  • Last Filing with ROC 31 Mar 2022
  • Revenue Growth -26.04%
  • Profit Growth 85.14%
  • Ebitda 137.06%
  • Net Worth -14.46%
  • Total Assets -11.42%

About Schchara Chit Funds

Schchara Chit Funds Private Limited (SCFPL) is a Private Limited Indian Non-Government Company incorporated in India on 27 April 2015 (Nine years and nine months 7 days old ). Its registered office is in Davangere, Karnataka, 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 2022. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.80 M, as per Ministry of Corporate Affairs (MCA) records.

Manjunatha Navilehal and Nagamani Halappa serve as directors at the Company.

Company Details

  • Location

    Davangere, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65992KA2015PTC079945

  • Company No.

    079945

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Apr 2015

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services

Who are the key members and board of directors at Schchara Chit Funds?

Executive Team (1)

Name Designation Appointment Date Status
Manjunatha Navilehal Country flag representing In Managing Director 27-Apr-2015 Current

Board Members (1)

Name Designation Appointment Date Status
Nagamani Halappa Country flag representing In Director 27-Apr-2015 Current

Financial Performance of Schchara Chit Funds.

Schchara Chit Funds Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 26.04% decrease. The company also saw a substantial improvement in profitability, with a 85.14% increase in profit. The company's net worth observed a substantial decline by a decrease of 14.46%.

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
-26.04%
Revenue from Operations
-44.27%
Total Assets
-11.42%
Profit or Loss
85.14%
Net Worth
-14.46%
EBITDA
137.06%

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

In 2016, Schchara 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 Schchara Chit Funds?

Unlock and access historical data on people associated with Schchara Chit Funds, 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 Schchara 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 Schchara 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 Schchara Chit Funds

Recent activity within the organization

  • Annual General Meeting

    Schchara Chit Funds Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Schchara Chit Funds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.

    31 Mar 2022

  • Director Appointment

    Manjunatha Thippanna Navilehal was appointed as a Managing Director was appointed as a Managing Director on 27 Apr 2015 & has been associated with this company since 9 years 9 months .

    27 Apr 2015

  • Director Appointment

    Nagamani Karavanna Halappa was appointed as a Director was appointed as a Director on 27 Apr 2015 & has been associated with this company since 9 years 9 months .

    27 Apr 2015

  • Company Incorporation

    Schchara Chit Funds Private Limited was registered on 27 Apr 2015 with Roc Bangalore & aged 9 years 9 months as per MCA records.

    27 Apr 2015

Frequently asked questions

  • Schchara Chit Funds Private Limited was incorporated on 27 Apr 2015.

  • The authorized share capital of Schchara Chit Funds Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.80 M.

  • Currently 2 directors are associated with Schchara Chit Funds Private Limited.

    • Manjunatha Thippanna Navilehal
    • Nagamani Karavanna Halappa
  • As per Ministry of Corporate Affairs (Mca), the registered address of Schchara Chit Funds Private Limited is No 2533/2B1 1St Floor 7Th Main R Mcc 'A' Block Next To Ramakrishna Ashra Ma, India, Davanagere, Karnataka, 577004.

  • The corporate identification number (CIN) of Schchara Chit Funds Private Limited is U65992KA2015PTC079945 and the company number is 079945 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Schchara Chit Funds Private Limited has fallen by -26.04%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Schchara Chit Funds Private Limited has experienced an downturn of -14.46%.

  • The most recent Balance Sheet for Schchara Chit Funds Private Limited was filed with the ROC on 31 Mar 2022.

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