Sovereign Chits Pvt Ltd

Sovereign Chits Pvt Ltd

Manages chit fund business with registered office in Kerala since 1982.
1982 | Palakkad, Kerala (India) | Active

Last Updated:

December 02, 2024
HomeCompanySovereign Chits Pvt Ltd

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

Board Members(4)

NameDesignationAppointment DateStatus
Panakkal Joy In Director 23-Sep-2006Current
Maliakkal John In Director 23-Sep-2006Current
Vadukkut Vergheese In Director 15-Dec-2006Current
Dudley Joseph In Director 01-Jun-2019Current

Financial Performance of Sovereign Chits.

Sovereign Chits Pvt Ltd, for the financial year ended 2022, experienced significant reduction in revenue, with a 22.6% decrease. The company also saw a substantial fall in profitability, with a 91.86% decrease in profit. The company's net worth moved up by a moderate rise of 2.92%.

Revenue Growth Graph
Profit Loss Graph
  • 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
-22.60%
Revenue from Operations
-16.78%
Total Assets
13.69%
Profit or Loss
-91.86%
Net Worth
2.92%
EBITDA
90.70%

Charges (Loans)

Charges

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

How Many Employees Work at Sovereign Chits?

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

Employee Graph

Deals i

Rating

Alerts

Latest Updates, News, and FAQs on Sovereign Chits

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Sovereign Chits Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.

    31 Mar 2024

  • Director Appointment

    Dudley Joseph was appointed as a Director was appointed as a Director on 01 Jun 2019 & has been associated with this company since 5 years 6 months .

    01 Jun 2019

  • Director Appointment

    Vadukkut Ittiyera Vergheese was appointed as a Director was appointed as a Director on 15 Dec 2006 & has been associated with this company since 18 years 9 days .

    15 Dec 2006

  • Director Appointment

    Panakkal Verky Joy was appointed as a Director was appointed as a Director on 23 Sep 2006 & has been associated with this company since 18 years 3 months .

    23 Sep 2006

  • Director Appointment

    Maliakkal Jose John was appointed as a Director was appointed as a Director on 23 Sep 2006 & has been associated with this company since 18 years 3 months .

    23 Sep 2006

Frequently asked questions

  • Sovereign Chits Pvt Ltd was incorporated on 26 Jun 1982.

  • The authorized share capital of Sovereign Chits Pvt Ltd is ₹ 0.80 M and paid-up capital is ₹ 0.80 M.

  • Currently 4 directors are associated with Sovereign Chits Pvt Ltd.

    • Panakkal Verky Joy
    • Maliakkal Jose John
    • Vadukkut Ittiyera Vergheese
    • Dudley Joseph
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sovereign Chits Pvt Ltd is Metro Bazzarmarket Road India, Palakkad, Kerala, 678014.

  • The corporate identification number (CIN) of Sovereign Chits Pvt Ltd is U65992KL1982PTC003568 and the company number is 003568 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Sovereign Chits Pvt Ltd has fallen by -22.60%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Sovereign Chits Pvt Ltd has experienced an upsurge of 2.92%.

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

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