Sri Sesasai Chit Fund Private Limited

Provides debt financing services and conducts chit auctions in compliance with regulations.

2017 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: December 08, 2024

Sri Sesasai Chit Fund Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 7 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 0.50 M
  • Revenue Growth 164.10%
  • Profit Growth -365.57%
  • Ebitda -70.84%
  • Net Worth 135.97%
  • Total Assets 156.85%

About Sri Sesasai Chit Fund

Sri Sesasai Chit Fund Private Limited (SSCFPL) is a Private Limited Indian Non-Government Company incorporated in India on 30 May 2017 (Seven years and eight months 17 days old ). Its registered office is in Coimbatore, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹0.50 M.

Sudhakaran Chitra and Sudhakaran Brindha serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65992TZ2017PTC028997

  • Company No.

    028997

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 May 2017

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Financial Services

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

Board Members (2)

Name Designation Appointment Date Status
Sudhakaran Chitra Country flag representing In Director 30-May-2017 Current
Sudhakaran Brindha Country flag representing In Additional Director 29-Jun-2021 Current

Financial Performance of Sri Sesasai Chit Fund.

Sri Sesasai Chit Fund Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 164.1% increase. The company also saw a substantial fall in profitability, with a 365.57% decrease in profit. The company's net worth Soared by an impressive increase of 135.97%.

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
164.10%
Revenue from Operations
155.82%
Total Assets
156.85%
Profit or Loss
-365.57%
Net Worth
135.97%
EBITDA
-70.84%

What is the Ownership and Shareholding Structure of Sri Sesasai Chit Fund?

In 2020, Sri Sesasai 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

₹0.50 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • City Union Bank Limited : 0.05 Cr

Latest Charge Details

Date Lender Amount Status
01 Jun 2019 City Union Bank Limited ₹0.50 M Open

How Many Employees Work at Sri Sesasai Chit Fund?

Unlock and access historical data on people associated with Sri Sesasai Chit Fund, 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 Sri Sesasai 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 Sri Sesasai 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 Sri Sesasai Chit Fund

Recent activity within the organization

  • Annual General Meeting

    Sri Sesasai 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

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

    31 Mar 2023

  • Director Appointment

    Sudhakaran Brindha was appointed as a Additional Director was appointed as a Additional Director on 29 Jun 2021 & has been associated with this company since 3 years 7 months .

    29 Jun 2021

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 0.50 M with Charge ID 100273110 was registered on 01 Jun 2019.

    01 Jun 2019

  • Director Appointment

    Sudhakaran Chitra was appointed as a Director was appointed as a Director on 30 May 2017 & has been associated with this company since 7 years 8 months .

    30 May 2017

  • Company Incorporation

    Sri Sesasai Chit Fund Private Limited was registered on 30 May 2017 with Roc Coimbatore & aged 7 years 8 months as per MCA records.

    30 May 2017

Frequently asked questions

  • Sri Sesasai Chit Fund Private Limited was incorporated on 30 May 2017.

  • The authorized share capital of Sri Sesasai Chit Fund Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.50 M.

  • Currently 2 directors are associated with Sri Sesasai Chit Fund Private Limited.

    • Sudhakaran Chitra
    • Sudhakaran Brindha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sri Sesasai Chit Fund Private Limited is Nataraj Mini Tower 554-A D.B. Road Near Subbu Mess, R S Puram India, Coimbatore, Tamil Nadu, 641002.

  • The corporate identification number (CIN) of Sri Sesasai Chit Fund Private Limited is U65992TZ2017PTC028997 and the company number is 028997 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Sri Sesasai Chit Fund Private Limited has risen by 164.10%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Sri Sesasai Chit Fund Private Limited has experienced an upsurge of 135.97%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Sri Sesasai Chit Fund Private Limited amount to ₹ 0.50 M.

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

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