Shree Charan Chits Private Limited

Provides financial and related services through conducting chits in compliance with relevant laws.

1992 | Bangaluru, Karnataka (India) | Active
Last Updated: December 04, 2024

Shree Charan Chits Profile

Key Indicators

  • Authorised Capital ₹ 1.08 Cr
  • Paid Up Capital ₹ 1.08 Cr
  • Company Age 32 Year, 7 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 1.21 Cr
  • Revenue Growth -23.77%
  • Profit Growth 15.22%
  • Ebitda 169.44%
  • Net Worth 3.38%
  • Total Assets 2.24%

About Shree Charan Chits

Shree Charan Chits Private Limited (SCCPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 July 1992 and has a history of 32 years and seven months. Its registered office is in Bangaluru, 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 2021. It's a company limited by shares with an authorized capital of Rs 1.08 Cr and a paid-up capital of Rs 1.08 Cr.

The company currently has active open charges totaling ₹1.21 Cr.

Sheenappa Shetty and Thambukuthira Kalappa serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    shreechanranchits.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65992KA1992PTC013369

  • Company No.

    013369

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Jul 1992

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services

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

Executive Team (1)

NameDesignationAppointment DateStatus
Sheenappa Shetty Country flag representing In Managing Director15-Jun-1998Current

Board Members (1)

NameDesignationAppointment DateStatus
Thambukuthira Kalappa Country flag representing In Director 17-Aug-2020Current

Financial Performance of Shree Charan Chits.

Shree Charan Chits Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 23.77% decrease. The company also saw a substantial improvement in profitability, with a 15.22% increase in profit. The company's net worth moved up by a moderate rise of 3.38%.

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
-23.77%
Revenue from Operations
-23.77%
Total Assets
2.24%
Profit or Loss
15.22%
Net Worth
3.38%
EBITDA
169.44%

What is the Ownership and Shareholding Structure of Shree Charan Chits?

In 2019, Shree Charan Chits had a promoter holding of 99.95% and a public holding of 0.05%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.21 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.79 Cr
  • Karur Vysya Bank : 0.18 Cr
  • The Lakshmi Vilas Bank Limited : 0.15 Cr
  • Union Bank Of India : 0.09 Cr

Latest Charge Details

DateLenderAmountStatus
01 Apr 2022Others₹7.00 MOpen
04 Oct 2018Others₹0.85 MOpen
26 Jun 2013Karur Vysya Bank₹1.30 MOpen
16 May 2013Karur Vysya Bank₹0.50 MOpen
09 Jun 2011Union Bank Of India₹0.50 MOpen

How Many Employees Work at Shree Charan Chits?

Unlock and access historical data on people associated with Shree Charan 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 Shree Charan 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 Shree Charan 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 Shree Charan Chits

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 0.70 Cr with Charge ID 100554530 was registered on 01 Apr 2022.

    01 Apr 2022

  • Annual General Meeting

    Shree Charan Chits Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Balance Sheet

    Shree Charan Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore.

    31 Mar 2021

  • Director Appointment

    Thambukuthira Kuttappa Kalappa was appointed as a Director was appointed as a Director on 17 Aug 2020 & has been associated with this company since 4 years 6 months .

    17 Aug 2020

  • Charges

    A charge with Others amounted to Rs. 0.09 Cr with Charge ID 100232374 was registered on 04 Oct 2018.

    04 Oct 2018

  • Charges

    A charge with Karur Vysya Bank amounted to Rs. 0.13 Cr with Charge ID 10437975 was registered on 26 Jun 2013.

    26 Jun 2013

Frequently asked questions

  • Shree Charan Chits Private Limited was incorporated on 20 Jul 1992.

  • The authorized share capital of Shree Charan Chits Private Limited is ₹ 1.08 Cr and paid-up capital is ₹ 1.08 Cr.

  • Currently 2 directors are associated with Shree Charan Chits Private Limited.

    • Sheenappa Raghava Shetty
    • Thambukuthira Kuttappa Kalappa
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shree Charan Chits Private Limited is Door No. 94 (Old No.100) 1St Floor 19Th Main N Block Rajajinagar, India, Bangalore, Karnataka, 560010.

  • The corporate identification number (CIN) of Shree Charan Chits Private Limited is U65992KA1992PTC013369 and the company number is 013369 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shree Charan Chits Private Limited is https://www.shreechanranchits.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Shree Charan Chits Private Limited has fallen by -23.77%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Shree Charan Chits Private Limited has experienced an upsurge of 3.38%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Shree Charan Chits Private Limited amount to ₹ 1.21 Cr.

  • The most recent Balance Sheet for Shree Charan Chits Private Limited was filed with the ROC on 31 Mar 2021.

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