Snehadhara Chits And Finance Pvt Ltd

Provides chit fund services and collections of savings in installments.

1993 | Visakhapatnam, Andhra Pradesh (India) | Active
Last Updated: December 24, 2024

Snehadhara Chits And Finance Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 31 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 45.90 K
  • Satisfied Charges ₹ 0.68 M
  • Revenue Growth 7.89%
  • Profit Growth 231.94%
  • Ebitda 11.94%
  • Net Worth 5.71%
  • Total Assets -11.85%

About Snehadhara Chits And Finance

Snehadhara Chits And Finance Pvt Ltd (SCAFPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 December 1993 and has a history of 31 years and two months. Its registered office is in Visakhapatnam, Andhra Pradesh, 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 2024. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹45,900.00. The company has closed loans amounting to ₹0.68 M, as per Ministry of Corporate Affairs (MCA) records.

Ganta Veeravenkata and Nageswara Rayudu serve as directors at the Company.

Company Details

  • Location

    Visakhapatnam, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65992AP1993PTC016685

  • Company No.

    016685

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Dec 1993

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Financial Services

Who are the key members and board of directors at Snehadhara Chits And Finance?

Executive Team (1)

Name Designation Appointment Date Status
Ganta Veeravenkata Country flag representing In Managing Director 03-Dec-1993 Current

Board Members (1)

Name Designation Appointment Date Status
Nageswara Rayudu Country flag representing In Director 01-Dec-2008 Current

Financial Performance of Snehadhara Chits And Finance.

Snehadhara Chits And Finance Pvt Ltd, for the financial year ended 2022, experienced modest growth in revenue, with a 7.89% increase. The company also saw a substantial improvement in profitability, with a 231.94% increase in profit. The company's net worth moved up by a moderate rise of 5.71%.

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
7.89%
Revenue from Operations
9.89%
Total Assets
-11.85%
Profit or Loss
231.94%
Net Worth
5.71%
EBITDA
11.94%

What is the Ownership and Shareholding Structure of Snehadhara Chits And Finance?

In 2019, Snehadhara Chits And Finance 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

₹0.05 M

Satisfied Charges

₹0.68 M

Charges Breakdown by Lending Institutions

  • The Karur Vysya Bank Limited : 0.00 Cr

Latest Charge Details

Date Lender Amount Status
24 Jul 1999 The Karur Vysya Bank Limited ₹0.02 M Open
26 May 1997 The Karur Vysya Bank Limited ₹0.03 M Open
25 Mar 2009 The Karur Vysya Bank Limited ₹0.50 M Satisfied
05 Jul 2007 The Karur Vysya Bank Limited ₹0.04 M Satisfied
05 Jul 2007 The Karur Vysya Bank Limited ₹0.03 M Satisfied

How Many Employees Work at Snehadhara Chits And Finance?

Unlock and access historical data on people associated with Snehadhara Chits And Finance, 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 Snehadhara Chits And Finance, 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 Snehadhara Chits And Finance'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 Snehadhara Chits And Finance

Recent activity within the organization

  • Annual General Meeting

    Snehadhara Chits And Finance Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge registered on 25 Mar 2009 via Charge ID 10151314 with The Karur Vysya Bank Limited was fully satisfied on 18 Jun 2024.

    18 Jun 2024

  • Balance Sheet

    Snehadhara Chits And Finance Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.

    31 Mar 2024

  • Charges

    A charge registered on 20 Oct 2004 via Charge ID 90136363 with The Karur Vysya Bank Limited was fully satisfied on 29 Dec 2023.

    29 Dec 2023

  • Charges

    A charge registered on 27 Oct 2003 via Charge ID 90136270 with The Karur Vysya Bank Limited was fully satisfied on 29 Dec 2023.

    29 Dec 2023

  • Charges

    A charge registered on 29 May 2003 via Charge ID 90136236 with The Karur Vysya Bank Limited was fully satisfied on 29 Dec 2023.

    29 Dec 2023

Frequently asked questions

  • Snehadhara Chits And Finance Pvt Ltd was incorporated on 03 Dec 1993.

  • The authorized share capital of Snehadhara Chits And Finance Pvt Ltd is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 2 directors are associated with Snehadhara Chits And Finance Pvt Ltd.

    • Ganta Satyanarayana Veeravenkata
    • Nageswara Rao Rayudu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Snehadhara Chits And Finance Pvt Ltd is Plotno.3 4Thfloor Snehadhara, Waltairmainroadvisakhapatnam India, Andhra Pradesh, 530002.

  • The corporate identification number (CIN) of Snehadhara Chits And Finance Pvt Ltd is U65992AP1993PTC016685 and the company number is 016685 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Snehadhara Chits And Finance Pvt Ltd has risen by 7.89%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Snehadhara Chits And Finance Pvt Ltd has experienced an upsurge of 5.71%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Snehadhara Chits And Finance Pvt Ltd amount to ₹ 45.90 K .

  • The most recent Balance Sheet for Snehadhara Chits And Finance Pvt Ltd was filed with the ROC on 31 Mar 2024.

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