Sreemathy Chit Funds Private Limited

Provides chit-fund services for small investors, businessmen, and industrialists since 1986.

1986 | Chennai, Tamil Nadu (India) | Active
Last Updated: January 11, 2025

Sreemathy Chit Funds Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 38 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 8.02 M
  • Revenue Growth 13.24%
  • Profit Growth 48.88%
  • Ebitda -9.98%
  • Net Worth -3.70%
  • Total Assets -24.66%

About Sreemathy Chit Funds

Sreemathy Chit Funds Private Limited (SCFPL) is a Private Limited Indian Non-Government Company incorporated in India on 27 March 1986 and has a history of 38 years and ten months. Its registered office is in Chennai, 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 2024. 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 has closed loans amounting to ₹8.02 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Dileep Bhandari, Gaurav Dugar, Srinivasan Rajaraman, and One other member serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65991TN1986PTC012835

  • Company No.

    012835

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Mar 1986

  • Date of AGM

    20 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

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

Executive Team (1)

Name Designation Appointment Date Status
Dileep Bhandari Country flag representing In Managing Director 27-Mar-1986 Current

Board Members (3)

Name Designation Appointment Date Status
Gaurav Dugar Country flag representing In Director 01-Jul-1997 Current
Srinivasan Rajaraman Country flag representing In Whole-Time Director 16-Feb-2005 Current
Srinivasan Vijayakumar Country flag representing In Director 13-Jul-2018 Current

Financial Performance of Sreemathy Chit Funds.

Sreemathy Chit Funds Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.24% increase. The company also saw a substantial improvement in profitability, with a 48.88% increase in profit. The company's net worth dipped by a decrease of 3.7%.

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
13.24%
Revenue from Operations
7.21%
Total Assets
-24.66%
Profit or Loss
48.88%
Net Worth
-3.70%
EBITDA
-9.98%

What is the Ownership and Shareholding Structure of Sreemathy Chit Funds?

Unlock access to Sreemathy Chit Funds's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹8.02 M

Charges Breakdown by Lending Institutions

  • The South Indian Bank Limited : 0.80 Cr

Latest Charge Details

Date Lender Amount Status
22 Jun 2018 The South Indian Bank Limited ₹8.02 M Satisfied

How Many Employees Work at Sreemathy Chit Funds?

Sreemathy Chit Funds has a workforce of 3 employees as of Apr 10, 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 Sreemathy Chit Funds, 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 Sreemathy Chit Funds'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 Sreemathy Chit Funds

Recent activity within the organization

  • Annual General Meeting

    Sreemathy Chit Funds Private Limited last Annual general meeting of members was held on 20 Sep 2024 as per latest MCA records.

    20 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge registered on 22 Jun 2018 via Charge ID 100202665 with The South Indian Bank Limited was fully satisfied on 08 Mar 2023.

    08 Mar 2023

  • Charges

    A charge with The South Indian Bank Limited of Rs. 8.02 M registered on 22 Jun 2018 with Charge ID 100202665 was modified on 06 Aug 2020.

    06 Aug 2020

  • Director Appointment

    Srinivasan Vijayakumar was appointed as a Director was appointed as a Director on 13 Jul 2018 & has been associated with this company since 6 years 6 months .

    13 Jul 2018

  • Charges

    A charge with The South Indian Bank Limited amounted to Rs. 8.02 M with Charge ID 100202665 was registered on 22 Jun 2018.

    22 Jun 2018

Frequently asked questions

  • Sreemathy Chit Funds Private Limited was incorporated on 27 Mar 1986.

  • The authorized share capital of Sreemathy Chit Funds Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 4 directors are associated with Sreemathy Chit Funds Private Limited.

    • Dileep Bhandari
    • Gaurav Dugar
    • Srinivasan Rajaraman
    • Srinivasan Vijayakumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sreemathy Chit Funds Private Limited is Prakash Building Basement No. 14 Deiva Sigamani Street Royapettah India, Chennai, Tamil Nadu, 600014.

  • The corporate identification number (CIN) of Sreemathy Chit Funds Private Limited is U65991TN1986PTC012835 and the company number is 012835 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sreemathy Chit Funds Private Limited has risen by 13.24%.

  • As Per 2023 financial reports, 3 employees are currently employed by Sreemathy Chit Funds Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sreemathy Chit Funds Private Limited has experienced an downturn of -3.70%.

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

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