Sri Vembu Chits Private Limited

Chit fund company offering chit schemes since 2012, based in Chennai.

2012 | Tiruvallur, Tamil Nadu (India) | Active
Last Updated:

Sri Vembu Chits Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 8.50 M
  • Company Age 12 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.14 M
  • Revenue Growth 11.00%
  • Profit Growth 14.61%
  • Ebitda 10.08%
  • Net Worth 16.02%
  • Total Assets -15.12%

About Sri Vembu Chits

Sri Vembu Chits Private Limited (SVCPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 September 2012 and has a history of 12 years and six months. Its registered office is in Tiruvallur, 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 Cr and a paid-up capital of Rs 8.50 M.

The company currently has active open charges totaling ₹3.14 M.

Bharathi and Arumugam Ramesh serve as directors at the Company.

Company Details

  • Location

    Tiruvallur, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74900TN2012PTC087843

  • Company No.

    087843

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Sep 2012

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

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

Board Members (2)

NameDesignationAppointment DateStatus
Bharathi Country flag representing In Director 28-Sep-2012Current
Arumugam Ramesh Country flag representing In Director 28-Sep-2012Current

Financial Performance of Sri Vembu Chits.

Sri Vembu Chits Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 11% increase. The company also saw a substantial improvement in profitability, with a 14.61% increase in profit. The company's net worth Soared by an impressive increase of 16.02%.

Sri Vembu Chits revenue growth over time
Sri Vembu Chits 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
11.00%
Revenue from Operations
11.00%
Total Assets
-15.12%
Profit or Loss
14.61%
Net Worth
16.02%
EBITDA
10.08%

What is the Ownership and Shareholding Structure of Sri Vembu Chits?

In 2022, Sri Vembu 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

₹0.31 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of India : 0.31 Cr

Latest Charge Details

DateLenderAmountStatus
26 Oct 2023Bank Of India₹3.14 MOpen

How Many Employees Work at Sri Vembu Chits?

Sri Vembu Chits has a workforce of 20 employees as of Apr 07, 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.

Employee growth trends for Sri Vembu Chits Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sri Vembu 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 Sri Vembu 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 Sri Vembu Chits

Recent activity within the organization

  • Charges

    A charge with Bank Of India amounted to Rs. 0.31 Cr with Charge ID 100810654 was registered on 26 Oct 2023.

  • Annual General Meeting

    Sri Vembu Chits Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Sri Vembu Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

  • Director Appointment

    Bharathi was appointed as a Director was appointed as a Director on 28 Sep 2012 & has been associated with this company since 12 years 6 months .

  • Director Appointment

    Arumugam Ramesh was appointed as a Director was appointed as a Director on 28 Sep 2012 & has been associated with this company since 12 years 6 months .

  • Company Incorporation

    Sri Vembu Chits Private Limited was registered on 28 Sep 2012 with Roc Chennai & aged 12 years 6 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Sri Vembu Chits Private Limited?

    Sri Vembu Chits Private Limited was incorporated on 28 Sep 2012.

  • What is authorized share capital and paid-up capital of Sri Vembu Chits Private Limited?

    The authorized share capital of Sri Vembu Chits Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 8.50 M.

  • Who are the current board members & directors of Sri Vembu Chits Private Limited?

    Currently 2 directors are associated with Sri Vembu Chits Private Limited.

    • Bharathi
    • Arumugam Ramesh
  • What is the registered address of Sri Vembu Chits Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sri Vembu Chits Private Limited is 2-586 Nakkiran Road J Nagar, Mogappair East India, Chennai, Tamil Nadu, 600037.

  • What is the corporate identification number (CIN) and company number of Sri Vembu Chits Private Limited?

    The corporate identification number (CIN) of Sri Vembu Chits Private Limited is U74900TN2012PTC087843 and the company number is 087843 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Sri Vembu Chits Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Sri Vembu Chits Private Limited has risen by 11.00%.

  • How many employees does Sri Vembu Chits Private Limited currently have?

    As Per 2022 financial reports, 20 employees are currently employed by Sri Vembu Chits Private Limited.

  • What change has been observed in the net worth of Sri Vembu Chits Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Sri Vembu Chits Private Limited has experienced an upsurge of 16.02%.

  • What are the total open charges for Sri Vembu Chits Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Sri Vembu Chits Private Limited amount to ₹ 3.14 M.

  • When was the last Balance Sheet of Sri Vembu Chits Private Limited filed with the ROC?

    The most recent Balance Sheet for Sri Vembu Chits Private Limited was filed with the ROC on 31 Mar 2023.