Shriram Chits (Maharashtra) Limited

Provides chit fund services in four states with 465 branches.

1999 | Mumbai, Maharashtra (India) | Merged
Last Updated:

Shriram Chits (Maharashtra) Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 8.33 Cr
  • Company Age 25 Year, 6 Months
  • Last Filing with ROC 31 Mar 2020
  • Satisfied Charges ₹ 0.48 M
  • Revenue Growth 17.41%
  • Profit Growth 529.62%
  • Ebitda -69.75%
  • Net Worth 12.81%
  • Total Assets 6.11%

About Shriram Chits (Maharashtra)

Shriram Chits (Maharashtra) Limited (SCML) is Amalgamated company established on 15 Oct 1999 with its office registered at Mumbai, Maharashtra, India and has been running since 25 Year, 6 Months with a paid up capital of 8.33 Cr. According to MCA records, 4 Directors are linked to this company as of 17 Jan 2025.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U65191MH1999PLC122247

  • Company No.

    122247

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 Oct 1999

  • Date of AGM

    31 Dec 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services
Company report

Shriram Chits (Maharashtra) Limited

Explore comprehensive data for Shriram Chits (Maharashtra) Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Shriram Chits (Maharashtra)?

Board Members (4)

NameDesignationAppointment DateStatus
Srinivasa Yalamati Country flag representing In Director 30-Dec-2015Current
Gouse Jilani Country flag representing In Director 26-Mar-2001Current
Ramasubramanian Chandrasekar Country flag representing In Director 30-Mar-2017Current
Karanam Sekhar Country flag representing In Director 23-Mar-2001Current

Financial Performance of Shriram Chits (Maharashtra).

Shriram Chits (Maharashtra) Limited, for the financial year ended 2016, experienced significant growth in revenue, with a 17.41% increase. The company also saw a substantial improvement in profitability, with a 529.62% increase in profit. The company's net worth Soared by an impressive increase of 12.81%.

Shriram Chits (Maharashtra) revenue growth over time
Shriram Chits (Maharashtra) 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
17.41%
Revenue from Operations
18.41%
Total Assets
6.11%
Profit or Loss
529.62%
Net Worth
12.81%
EBITDA
-69.75%

What is the Ownership and Shareholding Structure of Shriram Chits (Maharashtra)?

In 2017, Shriram Chits (Maharashtra) 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)

Open Charges

₹0

Satisfied Charges

₹0.05 Cr

Charges Breakdown by Lending Institutions

  • The Saraswat Co-Op. Bank Ltd. : 0.05 Cr

Latest Charge Details

DateLenderAmountStatus
28 Dec 1999The Saraswat Co-Op. Bank Ltd.₹0.23 MSatisfied
02 Dec 1999The Saraswat Co-Op. Bank Ltd.₹0.26 MSatisfied

How Many Employees Work at Shriram Chits (Maharashtra)?

Shriram Chits (Maharashtra) has a workforce of 446 employees as of Apr 05, 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.

Employee growth trends for Shriram Chits (Maharashtra) Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shriram Chits (Maharashtra), 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 Shriram Chits (Maharashtra)'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 Shriram Chits (Maharashtra)

Recent activity within the organization

  • Annual General Meeting

    Shriram Chits (Maharashtra) Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.

  • Balance Sheet

    Shriram Chits (Maharashtra) Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Mumbai.

  • Director Appointment

    Ramasubramanian Chandrasekar was appointed as a Director was appointed as a Director on 30 Mar 2017 & has been associated with this company since 8 years 1 month .

  • Director Appointment

    Srinivasa Chakravarthy Yalamati was appointed as a Director was appointed as a Director on 30 Dec 2015 & has been associated with this company since 9 years 4 months .

  • Charges

    A charge registered on 28 Dec 1999 via Charge ID 90142657 with The Saraswat Co-Op. Bank Ltd. was fully satisfied on 23 Sep 2011.

  • Charges

    A charge registered on 02 Dec 1999 via Charge ID 90142621 with The Saraswat Co-Op. Bank Ltd. was fully satisfied on 23 Sep 2011.

Frequently asked questions

  • What is the Incorporation or founding date of Shriram Chits (Maharashtra) Limited?

    Shriram Chits (Maharashtra) Limited was incorporated on 15 Oct 1999.

  • What is authorized share capital and paid-up capital of Shriram Chits (Maharashtra) Limited?

    The authorized share capital of Shriram Chits (Maharashtra) Limited is ₹ 10.00 Cr and paid-up capital is ₹ 8.33 Cr.

  • Who are the current board members & directors of Shriram Chits (Maharashtra) Limited?

    Currently 4 directors are associated with Shriram Chits (Maharashtra) Limited.

    • Srinivasa Chakravarthy Yalamati
    • Ramasubramanian Chandrasekar
    • Karanam Rama Chandra Sekhar
    • Gouse Mohiddin Jilani
  • What is the registered address of Shriram Chits (Maharashtra) Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Shriram Chits (Maharashtra) Limited is 117/118 Dalamal Towers 1St Floor Free Press Journal Road, Nari Man Point India, Mumbai, Maharashtra, 400021.

  • What is the corporate identification number (CIN) and company number of Shriram Chits (Maharashtra) Limited?

    The corporate identification number (CIN) of Shriram Chits (Maharashtra) Limited is U65191MH1999PLC122247 and the company number is 122247 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Shriram Chits (Maharashtra) Limited?

    The Official website of Shriram Chits (Maharashtra) Limited is https://www.shriramchits.in

  • What has been the recent revenue trend for Shriram Chits (Maharashtra) Limited?

    According to the financial reports for the fiscal year 2016, the revenue trend for Shriram Chits (Maharashtra) Limited has risen by 17.41%.

  • How many employees does Shriram Chits (Maharashtra) Limited currently have?

    As Per 2016 financial reports, 446 employees are currently employed by Shriram Chits (Maharashtra) Limited.

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

    The financial reports for the fiscal year 2016 indicates that The net worth of Shriram Chits (Maharashtra) Limited has experienced an upsurge of 12.81%.

  • When was the last Balance Sheet of Shriram Chits (Maharashtra) Limited filed with the ROC?

    The most recent Balance Sheet for Shriram Chits (Maharashtra) Limited was filed with the ROC on 31 Mar 2020.

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