Shriram Chits Pvt Ltd

Financial services for small investors, businessmen, and industrialists through chit funding and online customer services.

1981 | Merged
Last Updated: January 16, 2025

Shriram Chits Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 8.03 Cr
  • Company Age 43 Year, 2 Months
  • Last Filing with ROC 31 Mar 2020
  • Satisfied Charges ₹ 269.50 Cr
  • Revenue Growth -12.18%
  • Profit Growth -145.37%
  • Ebitda 12.00%
  • Net Worth 22.41%
  • Total Assets -5.37%

About Shriram Chits

Shriram Chits Pvt Ltd (SCPL) is Amalgamated company established on 08 Dec 1981 with its office registered at and has been running since 43 Year, 2 Months with a paid up capital of 8.03 Cr. According to MCA records, 7 Directors and 1 Signatories are linked to this company as of 16 Jan 2025.

Company Details

  • Location Na, Telangana
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    shriramchits.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65992TG1981PTC003312

  • Company No.

    003312

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Dec 1981

  • Date of AGM

    24 Dec 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Financial Services

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

Executive Team (1)

NameDesignationAppointment DateStatus
Lingala Reddy Country flag representing In Company Secretary04-Mar-2015Current

Board Members (7)

NameDesignationAppointment DateStatus
Srinivasa Yalamati Country flag representing In Director 30-Jun-2008Current
Ramasubramanian Chandrasekar Country flag representing In Director 29-Jun-1996Current
Aroor Raja Country flag representing In Director 01-Jul-1988Current
Krishna Mahalingam Country flag representing In Director 06-Jan-1982Current
Venkat Belpu Country flag representing In Director 09-Feb-1984Current
Sankaranpadi Parthasarathy Country flag representing In Director 22-Jan-1984Current

Financial Performance of Shriram Chits.

Shriram Chits Pvt Ltd, for the financial year ended 2020, experienced significant reduction in revenue, with a 12.18% decrease. The company also saw a substantial fall in profitability, with a 145.37% decrease in profit. The company's net worth Soared by an impressive increase of 22.41%.

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
-12.18%
Revenue from Operations
26.87%
Total Assets
-5.37%
Profit or Loss
-145.37%
Net Worth
22.41%
EBITDA
12.00%

What is the Ownership and Shareholding Structure of Shriram Chits?

In 2020, Shriram Chits 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

₹269.50 Cr

Charges Breakdown by Lending Institutions

  • Shriram Investments Ltd : 250.00 Cr
  • The City Union Bank Ltd : 19.00 Cr
  • Shriram City Union Finance Ltd : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
23 Apr 2004The City Union Bank Ltd₹19.00 CrSatisfied
18 Sep 1998Shriram Investments Ltd₹250.00 CrSatisfied
01 Sep 1998Shriram City Union Finance Ltd₹5.00 MSatisfied

How Many Employees Work at Shriram Chits?

Unlock and access historical data on people associated with Shriram 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 Shriram 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 Shriram 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 Shriram Chits

Recent activity within the organization

  • Annual General Meeting

    Shriram Chits Pvt Ltd last Annual general meeting of members was held on 24 Dec 2020 as per latest MCA records.

    24 Dec 2020

  • Balance Sheet

    Shriram Chits Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Hyderabad.

    31 Mar 2020

  • Charges

    A charge registered on 01 Sep 1998 via Charge ID 90339086 with Shriram City Union Finance Ltd was fully satisfied on 06 Sep 2018.

    06 Sep 2018

  • Charges

    A charge registered on 18 Sep 1998 via Charge ID 90339090 with Shriram Investments Ltd was fully satisfied on 05 Sep 2018.

    05 Sep 2018

  • Charges

    A charge registered on 23 Apr 2004 via Charge ID 90340250 with The City Union Bank Ltd was fully satisfied on 16 Aug 2018.

    16 Aug 2018

  • Director Appointment

    Lingala Subba Reddy was appointed as a Company Secretary was appointed as a Company Secretary on 04 Mar 2015 & has been associated with this company since 9 years 11 months .

    04 Mar 2015

Frequently asked questions

  • Shriram Chits Pvt Ltd was incorporated on 08 Dec 1981.

  • The authorized share capital of Shriram Chits Pvt Ltd is ₹ 15.00 Cr and paid-up capital is ₹ 8.03 Cr.

  • Currently 8 directors are associated with Shriram Chits Pvt Ltd.

    • Srinivasa Chakravarthy Yalamati
    • Ramasubramanian Chandrasekar
    • Aroor Venkatachari Srinivasa Raghavan Raja
    • Krishna Murthy Mahalingam
    • Venkat Rao Belpu
    • Sankaranpadi Raghunathan Parthasarathy
    • Srinivas Kollapudi
    • Lingala Subba Reddy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shriram Chits Pvt Ltd is No.44 Sarojini Devi Road, Secunderabad-500 003 Telanga India, Na, Telangana.

  • The corporate identification number (CIN) of Shriram Chits Pvt Ltd is U65992TG1981PTC003312 and the company number is 003312 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shriram Chits Pvt Ltd is https://www.shriramchits.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Shriram Chits Pvt Ltd has fallen by -12.18%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Shriram Chits Pvt Ltd has experienced an upsurge of 22.41%.

  • The most recent Balance Sheet for Shriram Chits Pvt Ltd was filed with the ROC on 31 Mar 2020.

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