Sreenilaya Chit Fund Private Limited

Provides chit fund services in Andhra Pradesh and throughout India since 1985.

1985 | Hyderabad, Telangana (India) | Active
Last Updated: December 12, 2024

Sreenilaya Chit Fund Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.22 M
  • Company Age 39 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.51 M
  • Revenue Growth -15.94%
  • Profit Growth -11.99%
  • Ebitda -97.79%
  • Net Worth 13.86%
  • Total Assets 14.42%

About Sreenilaya Chit Fund

Sreenilaya Chit Fund Private Limited (SCFPL) is a Private Limited Indian Non-Government Company incorporated in India on 30 April 1985 and has a history of 39 years and nine months. Its registered office is in Hyderabad, Telangana, 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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 3.22 M.

The company currently has active open charges totaling ₹3.51 M.

Ramadevi Adapa, Geeta Adapa, Ramesh Babu, and One other member serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65992TG1985PTC005487

  • Company No.

    005487

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Apr 1985

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Financial Services

Who are the key members and board of directors at Sreenilaya Chit Fund?

Executive Team (1)

Name Designation Appointment Date Status
Basava Adapa Country flag representing In Managing Director 01-Jan-1994 Current

Board Members (3)

Name Designation Appointment Date Status
Ramadevi Adapa Country flag representing In Director 28-Sep-1995 Current
Geeta Adapa Country flag representing In Director 02-Apr-2003 Current
Ramesh Babu Country flag representing In Director 28-Sep-1995 Current

Financial Performance of Sreenilaya Chit Fund.

Sreenilaya Chit Fund Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 15.94% decrease. The company also saw a substantial fall in profitability, with a 11.99% decrease in profit. The company's net worth Soared by an impressive increase of 13.86%.

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
-15.94%
Revenue from Operations
-16.22%
Total Assets
14.42%
Profit or Loss
-11.99%
Net Worth
13.86%
EBITDA
-97.79%

What is the Ownership and Shareholding Structure of Sreenilaya Chit Fund?

In 2019, Sreenilaya Chit Fund 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

₹3.51 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 0.35 Cr

Latest Charge Details

Date Lender Amount Status
04 Oct 2022 Indian Overseas Bank ₹1.33 M Open
09 Feb 2009 Indian Overseas Bank ₹0.99 M Open
02 Feb 2009 Indian Overseas Bank ₹1.20 M Open

How Many Employees Work at Sreenilaya Chit Fund?

Sreenilaya Chit Fund has a workforce of 10 employees as of Apr 05, 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 Sreenilaya Chit Fund, 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 Sreenilaya Chit Fund'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 Sreenilaya Chit Fund

Recent activity within the organization

  • Annual General Meeting

    Sreenilaya Chit Fund Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Sreenilaya Chit Fund Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 1.33 M with Charge ID 100640362 was registered on 04 Oct 2022.

    04 Oct 2022

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 0.99 M with Charge ID 10147743 was registered on 09 Feb 2009.

    09 Feb 2009

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 1.20 M with Charge ID 10147745 was registered on 02 Feb 2009.

    02 Feb 2009

  • Director Appointment

    Geeta Ramesh Adapa was appointed as a Director was appointed as a Director on 02 Apr 2003 & has been associated with this company since 21 years 10 months .

    02 Apr 2003

Frequently asked questions

  • Sreenilaya Chit Fund Private Limited was incorporated on 30 Apr 1985.

  • The authorized share capital of Sreenilaya Chit Fund Private Limited is ₹ 5.00 M and paid-up capital is ₹ 3.22 M.

  • Currently 4 directors are associated with Sreenilaya Chit Fund Private Limited.

    • Ramadevi Adapa
    • Geeta Ramesh Adapa
    • Ramesh Adapa Babu
    • Basava Shankara Rao Adapa
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sreenilaya Chit Fund Private Limited is Flat No. 203 T N R' S Vaishnavi Complex Lakdi-Ka-Pul, India, Hyderabad, Telangana, 500004.

  • The corporate identification number (CIN) of Sreenilaya Chit Fund Private Limited is U65992TG1985PTC005487 and the company number is 005487 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Sreenilaya Chit Fund Private Limited has fallen by -15.94%.

  • As Per 2022 financial reports, 10 employees are currently employed by Sreenilaya Chit Fund Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Sreenilaya Chit Fund Private Limited has experienced an upsurge of 13.86%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Sreenilaya Chit Fund Private Limited amount to ₹ 3.51 M.

  • The most recent Balance Sheet for Sreenilaya Chit Fund Private Limited was filed with the ROC on 31 Mar 2023.

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