Shanthala Chits Private Limited.

Online portal for registered chit fund and financial services, including rotating savings and fraternity funds.

1995 | Bangalore, Karnataka (India) | Active
Last Updated: July 03, 2024

Shanthala Chits Profile

Key Indicators

  • Authorised Capital ₹ 4.50 M
  • Paid Up Capital ₹ 4.45 M
  • Company Age 29 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 2.15 M
  • Revenue Growth 31.12%
  • Profit Growth 115.60%
  • Ebitda 20.15%
  • Net Worth 4.19%
  • Total Assets 20.28%

About Shanthala Chits

Shanthala Chits Private Limited. (SCPL) is a Private Limited Indian Non-Government Company incorporated in India on 07 April 1995 and has a history of 29 years and ten months. Its registered office is in Bangalore, Karnataka, India.

The Company is engaged in the Internet 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 4.50 M and a paid-up capital of Rs 4.45 M.

The company has closed loans amounting to ₹2.15 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Swarup Sridhar, Venkateshkumar Sreenivasaiah, Sridevi, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U85110KA1995PTC017577

  • Company No.

    017577

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Apr 1995

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Internet

Who are the key members and board of directors at Shanthala Chits?

Executive Team (1)

Name Designation Appointment Date Status
Swarup Sridhar Country flag representing In Managing Director 19-May-2012 Current

Board Members (3)

Name Designation Appointment Date Status
Venkateshkumar Sreenivasaiah Country flag representing In Director 04-Jan-1996 Current
Sridevi Country flag representing In Director 04-Jan-1996 Current
Sridhar Alampalli Country flag representing In Director 14-Dec-1995 Current

Financial Performance of Shanthala Chits.

Shanthala Chits Private Limited., for the financial year ended 2023, experienced significant growth in revenue, with a 31.12% increase. The company also saw a substantial improvement in profitability, with a 115.6% increase in profit. The company's net worth moved up by a moderate rise of 4.19%.

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
31.12%
Revenue from Operations
57.59%
Total Assets
20.28%
Profit or Loss
115.60%
Net Worth
4.19%
EBITDA
20.15%

What is the Ownership and Shareholding Structure of Shanthala Chits?

In 2023, Shanthala Chits had a promoter holding of 63.57% and a public holding of 36.43%. 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

Satisfied Charges

₹2.15 M

Charges Breakdown by Lending Institutions

  • Others : 0.17 Cr
  • The Karur Vysya Bank Limited : 0.05 Cr

Latest Charge Details

Date Lender Amount Status
24 Dec 2018 Others ₹1.00 M Satisfied
20 Jul 2017 Others ₹0.70 M Satisfied
05 Mar 2012 The Karur Vysya Bank Limited ₹0.45 M Satisfied

How Many Employees Work at Shanthala Chits?

Unlock and access historical data on people associated with Shanthala Chits, 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 Shanthala Chits, 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 Shanthala Chits'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 Shanthala Chits

Recent activity within the organization

  • Annual General Meeting

    Shanthala Chits Private Limited. last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Shanthala Chits Private Limited. has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge registered on 24 Dec 2018 via Charge ID 100234494 with Others was fully satisfied on 15 Sep 2022.

    15 Sep 2022

  • Charges

    A charge registered on 20 Jul 2017 via Charge ID 100116762 with Others was fully satisfied on 15 Sep 2022.

    15 Sep 2022

  • Charges

    A charge registered on 05 Mar 2012 via Charge ID 10344522 with The Karur Vysya Bank Limited was fully satisfied on 15 Sep 2022.

    15 Sep 2022

  • Charges

    A charge with Others amounted to Rs. 1.00 M with Charge ID 100234494 was registered on 24 Dec 2018.

    24 Dec 2018

Frequently asked questions

  • Shanthala Chits Private Limited. was incorporated on 07 Apr 1995.

  • The authorized share capital of Shanthala Chits Private Limited. is ₹ 4.50 M and paid-up capital is ₹ 4.45 M.

  • Currently 4 directors are associated with Shanthala Chits Private Limited..

    • Swarup Sridhar
    • Venkateshkumar Kasetty Sreenivasaiah
    • Sridevi
    • Sridhar Alampalli
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shanthala Chits Private Limited. is No. 30 Old Madras Road Halasuru, Bangalore, Karnataka, India, 560008.

  • The corporate identification number (CIN) of Shanthala Chits Private Limited. is U85110KA1995PTC017577 and the company number is 017577 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shanthala Chits Private Limited. is https://www.shanthalachits.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shanthala Chits Private Limited. has risen by 31.12%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shanthala Chits Private Limited. has experienced an upsurge of 4.19%.

  • The most recent Balance Sheet for Shanthala Chits Private Limited. was filed with the ROC on 31 Mar 2023.

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