Somashekara Chit Funds Private Limited

Somashekara Chit Funds Private Limited

Founded in 2016 headquartered in Telangana, India.
2016 | Karim Nagar, Telangana (India) | Active

Last Updated:

December 16, 2024
HomeCompanySomashekara Chit Funds Private Limited

Who are the key members and board of directors at Somashekara Chit Funds?

Board Members(2)

NameDesignationAppointment DateStatus
Narender Dudam In Director 19-Jan-2016Current
Sumalatha Dudam In Director 23-Mar-2023Current

Financial Performance of Somashekara Chit Funds.

Somashekara Chit Funds Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 2.38% increase. The company also saw a substantial improvement in profitability, with a 29.97% increase in profit. The company's net worth moved up by a moderate rise of 9.71%.

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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
2.38%
Revenue from Operations
-0.56%
Total Assets
-9.01%
Profit or Loss
29.97%
Net Worth
9.71%
EBITDA
-22.12%

Charges (Loans)

Charges

There are no open charges registered against the company as per our records.

How Many Employees Work at Somashekara Chit Funds?

Unlock and access historical data on people associated with Somashekara Chit Funds, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Graph

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Rating

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Latest Updates, News, and FAQs on Somashekara Chit Funds

Recent activity within the organization

  • Annual General Meeting

    Somashekara Chit Funds Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Somashekara Chit Funds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Director Appointment

    Sumalatha Dudam was appointed as a Director was appointed as a Director on 23 Mar 2023 & has been associated with this company since 1 year 9 months .

    23 Mar 2023

  • Director Appointment

    Narender Dudam was appointed as a Director was appointed as a Director on 19 Jan 2016 & has been associated with this company since 8 years 11 months .

    19 Jan 2016

  • Company Incorporation

    Somashekara Chit Funds Private Limited was registered on 19 Jan 2016 with Roc Hyderabad & aged 8 years 11 months as per MCA records.

    19 Jan 2016

Frequently asked questions

  • Somashekara Chit Funds Private Limited was incorporated on 19 Jan 2016.

  • The authorized share capital of Somashekara Chit Funds Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.50 M.

  • Currently 2 directors are associated with Somashekara Chit Funds Private Limited.

    • Narender Dudam
    • Sumalatha Dudam
  • As per Ministry of Corporate Affairs (Mca), the registered address of Somashekara Chit Funds Private Limited is 2-7-99/6 Huzurabad Road Mothukulagudem Chowrasta Jammikunta, India, Karimnagar, Telangana, 505122.

  • The corporate identification number (CIN) of Somashekara Chit Funds Private Limited is U65992TG2016PTC102773 and the company number is 102773 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Somashekara Chit Funds Private Limited has risen by 2.38%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Somashekara Chit Funds Private Limited has experienced an upsurge of 9.71%.

  • The most recent Balance Sheet for Somashekara Chit Funds Private Limited was filed with the ROC on 31 Mar 2024.

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