Shriramraghavendra Chits Private Ltd

Chit fund company with a strong presence in Andhra Pradesh and Telangana.

2005 | Hyderabad, Telangana (India) | Active
Last Updated: December 14, 2024

Shriramraghavendra Chits Profile

Key Indicators

  • Authorised Capital ₹ 9.00 Cr
  • Paid Up Capital ₹ 9.00 Cr
  • Company Age 19 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.45 Cr
  • Satisfied Charges ₹ 2.45 Cr
  • Revenue Growth 10.13%
  • Profit Growth 19.24%
  • Ebitda 52.08%
  • Net Worth 10.70%
  • Total Assets 9.52%

About Shriramraghavendra Chits

Shriramraghavendra Chits Private Ltd (SCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 December 2005 and has a history of 19 years and one month. Its registered office is in Hyderabad, Telangana, 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 2023. It's a company limited by shares with an authorized capital of Rs 9.00 Cr and a paid-up capital of Rs 9.00 Cr.

The company currently has active open charges totaling ₹2.45 Cr. The company has closed loans amounting to ₹2.45 Cr, as per Ministry of Corporate Affairs (MCA) records.

Obulampalli Reddy and Krishnaveni Epedda serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U65992TG2005PTC048524

  • Company No.

    048524

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Dec 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Financial Services

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

Board Members (2)

Name Designation Appointment Date Status
Obulampalli Reddy Country flag representing In Director 21-Dec-2005 Current
Krishnaveni Epedda Country flag representing In Director 21-Dec-2005 Current

Financial Performance of Shriramraghavendra Chits.

Shriramraghavendra Chits Private Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 10.13% increase. The company also saw a substantial improvement in profitability, with a 19.24% increase in profit. The company's net worth Soared by an impressive increase of 10.7%.

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
10.13%
Revenue from Operations
11.53%
Total Assets
9.52%
Profit or Loss
19.24%
Net Worth
10.70%
EBITDA
52.08%

What is the Ownership and Shareholding Structure of Shriramraghavendra Chits?

In 2021, Shriramraghavendra 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

₹2.45 Cr

Satisfied Charges

₹2.45 Cr

Charges Breakdown by Lending Institutions

  • City Union Bank Limited : 2.45 Cr

Latest Charge Details

Date Lender Amount Status
30 Dec 2021 City Union Bank Limited ₹2.45 Cr Open
24 Mar 2021 City Union Bank Limited ₹4.50 M Satisfied
17 Mar 2015 Tamilnad Mercantile Bank Limited ₹7.00 M Satisfied
31 Dec 2013 Tamilnad Mercantile Bank Limited ₹7.00 M Satisfied
25 Jun 2012 Tamilnad Mercantile Bank Limited ₹4.00 M Satisfied

How Many Employees Work at Shriramraghavendra Chits?

Shriramraghavendra Chits has a workforce of 163 employees as of Apr 07, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shriramraghavendra 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 Shriramraghavendra 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 Shriramraghavendra Chits

Recent activity within the organization

  • Charges

    A charge with City Union Bank Limited of Rs. 2.45 Cr registered on 30 Dec 2021 with Charge ID 100526701 was modified on 07 Dec 2023.

    07 Dec 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Shriramraghavendra Chits Private Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 2.45 Cr with Charge ID 100526701 was registered on 30 Dec 2021.

    30 Dec 2021

  • Charges

    A charge registered on 24 Mar 2021 via Charge ID 100449912 with City Union Bank Limited was fully satisfied on 29 Jul 2021.

    29 Jul 2021

  • Charges

    A charge registered on 31 Dec 2013 via Charge ID 10474359 with Tamilnad Mercantile Bank Limited was fully satisfied on 29 Jul 2021.

    29 Jul 2021

Frequently asked questions

  • Shriramraghavendra Chits Private Ltd was incorporated on 21 Dec 2005.

  • The authorized share capital of Shriramraghavendra Chits Private Ltd is ₹ 9.00 Cr and paid-up capital is ₹ 9.00 Cr.

  • Currently 2 directors are associated with Shriramraghavendra Chits Private Ltd.

    • Obulampalli Prabhakar Reddy
    • Krishnaveni Epedda
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shriramraghavendra Chits Private Ltd is H.No.9-1-127/4, 9-1-127/4/1 Sarojini Devi Road India, Secunderabad, Telangana, 500003.

  • The corporate identification number (CIN) of Shriramraghavendra Chits Private Ltd is U65992TG2005PTC048524 and the company number is 048524 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shriramraghavendra Chits Private Ltd is https://www.shriramraghavendrachits.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Shriramraghavendra Chits Private Ltd has risen by 10.13%.

  • As Per 2022 financial reports, 163 employees are currently employed by Shriramraghavendra Chits Private Ltd.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Shriramraghavendra Chits Private Ltd has experienced an upsurge of 10.70%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Shriramraghavendra Chits Private Ltd amount to ₹ 2.45 Cr.

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

People also Viewed

Similar Companies Based on Microfinance Institutions