Sowndiram Chits Private Limited

Provides financial and related services, including lending and investing in various companies and government securities.

1998 | Thanjavur, Tamil Nadu (India) | Active
Last Updated: December 21, 2024

Sowndiram Chits Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 26 Year, 5 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 5.00 M
  • Satisfied Charges ₹ 1.36 M
  • Revenue Growth 33.21%
  • Profit Growth 222.80%
  • Ebitda 675.50%
  • Net Worth 26.75%
  • Total Assets 28.50%

About Sowndiram Chits

Sowndiram Chits Private Limited (SCPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 September 1998 and has a history of 26 years and five months. Its registered office is in Thanjavur, Tamil Nadu, 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 2021. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹5.00 M. The company has closed loans amounting to ₹1.36 M, as per Ministry of Corporate Affairs (MCA) records.

Kothandaraman Sankar and Amudha serve as directors at the Company.

Company Details

  • Location

    Thanjavur, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65991TN1998PTC041077

  • Company No.

    041077

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Sep 1998

  • Date of AGM

    25 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

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

Executive Team (1)

Name Designation Appointment Date Status
Kothandaraman Sankar Country flag representing In Managing Director 02-Sep-1998 Current

Board Members (1)

Name Designation Appointment Date Status
Amudha Country flag representing In Director 02-Sep-1998 Current

Financial Performance of Sowndiram Chits.

Sowndiram Chits Private Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 33.21% increase. The company also saw a substantial improvement in profitability, with a 222.8% increase in profit. The company's net worth Soared by an impressive increase of 26.75%.

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
33.21%
Revenue from Operations
33.93%
Total Assets
28.50%
Profit or Loss
222.80%
Net Worth
26.75%
EBITDA
675.50%

What is the Ownership and Shareholding Structure of Sowndiram Chits?

In 2019, Sowndiram 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

₹5.00 M

Satisfied Charges

₹1.36 M

Charges Breakdown by Lending Institutions

  • City Union Bank Limited : 0.50 Cr

Latest Charge Details

Date Lender Amount Status
20 Mar 2020 City Union Bank Limited ₹5.00 M Open
15 Feb 2022 City Union Bank Limited ₹0.60 M Satisfied
22 Jun 2020 City Union Bank Limited ₹0.76 M Satisfied

How Many Employees Work at Sowndiram Chits?

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

Recent activity within the organization

  • Charges

    A charge registered on 15 Feb 2022 via Charge ID 100542207 with City Union Bank Limited was fully satisfied on 05 Jul 2022.

    05 Jul 2022

  • Charges

    A charge registered on 22 Jun 2020 via Charge ID 100350644 with City Union Bank Limited was fully satisfied on 05 Jul 2022.

    05 Jul 2022

  • Charges

    A charge with City Union Bank Limited of Rs. 5.00 M registered on 20 Mar 2020 with Charge ID 100333933 was modified on 06 Jun 2022.

    06 Jun 2022

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 0.60 M with Charge ID 100542207 was registered on 15 Feb 2022.

    15 Feb 2022

  • Annual General Meeting

    Sowndiram Chits Private Limited last Annual general meeting of members was held on 25 Nov 2021 as per latest MCA records.

    25 Nov 2021

  • Balance Sheet

    Sowndiram Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Chennai.

    31 Mar 2021

Frequently asked questions

  • Sowndiram Chits Private Limited was incorporated on 02 Sep 1998.

  • The authorized share capital of Sowndiram Chits Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Sowndiram Chits Private Limited.

    • Kothandaraman Sankar
    • Amudha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sowndiram Chits Private Limited is 7, 8 Sarangapani South Street India, Kumbakonam, Tamil Nadu, 612001.

  • The corporate identification number (CIN) of Sowndiram Chits Private Limited is U65991TN1998PTC041077 and the company number is 041077 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2019, the revenue trend for Sowndiram Chits Private Limited has risen by 33.21%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Sowndiram Chits Private Limited has experienced an upsurge of 26.75%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Sowndiram Chits Private Limited amount to ₹ 5.00 M.

  • The most recent Balance Sheet for Sowndiram Chits Private Limited was filed with the ROC on 31 Mar 2021.