Shriram Chits (Maharashtra) Limited logo

Shriram Chits (Maharashtra) Limited

Provides chit fund services in four states with 465 branches.
1999 | Mumbai, Maharashtra (India) | Merged

Last Updated:

May 14, 2024
HomeCompanyShriram Chits (Maharashtra) Limited

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

Board Members(4)

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

Financial Performance and Corporate Structure Insights 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%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(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%

Related Corporates (Common Directorship)

Charges (Loans)

Satisfied Charges

₹0.05 Cr

LenderAmountStatus

The Saraswat Co-Op. Bank Ltd.

Creation Date: 28 Dec 1999
₹0.23 MSatisfied

The Saraswat Co-Op. Bank Ltd.

Creation Date: 02 Dec 1999
₹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.

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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.

    31 Dec 2020

  • Balance Sheet

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

    31 Mar 2020

  • 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 7 years 8 months .

    30 Mar 2017

  • 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 8 years 11 months .

    30 Dec 2015

  • 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.

    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.

    23 Sep 2011

Frequently asked questions

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

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

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

    • Srinivasa Chakravarthy Yalamati
    • Gouse Mohiddin Jilani
    • Ramasubramanian Chandrasekar
    • Karanam Rama Chandra Sekhar
  • 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 Nariman Point, Mumbai, Maharashtra, India, 400021.

  • 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).

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

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

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

  • 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%.

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

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