Sterling Chits Private Limited

Sterling Chits Private Limited

Provides chit fund services, pays chit amount to subscribers, advances money to customers.
1985 | Chennai, Tamil Nadu (India) | Active

Last Updated:

December 15, 2024
HomeCompanySterling Chits Private Limited

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

Executive Team (1)

NameDesignationAppointment DateStatus
Rama Venkata InManaging Director11-Jun-1985Current

Board Members(1)

NameDesignationAppointment DateStatus
Balavenkata Perumala In Additional Director 30-Jul-2018Current

Financial Performance of Sterling Chits.

Sterling Chits Private Limited, for the financial year ended 2017, experienced no change in revenue, with a 0% increase. The company also saw a slight decrease in profitability, with a 3.08% decrease in profit. The company's net worth dipped by a decrease of 4.07%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
Revenue from Operations
Total Assets
-0.47%
Profit or Loss
-3.08%
Net Worth
-4.07%
EBITDA
-3.08%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹49.00 M

₹288.00 M

LenderAmountStatus

State Bank Of India

Creation Date: 29 Mar 2014
₹4.90 CrOpen

State Bank Of India

Creation Date: 14 Jan 2011
₹10.00 CrSatisfied

State Bank Of India

Creation Date: 12 May 2007
₹17.80 CrSatisfied

How Many Employees Work at Sterling Chits?

Unlock and access historical data on people associated with Sterling Chits, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Graph

Deals i

Rating

Alerts

Latest Updates, News, and FAQs on Sterling Chits

Recent activity within the organization

  • Director Appointment

    Balavenkata Sureshbabu Perumala was appointed as a Additional Director was appointed as a Additional Director on 30 Jul 2018 & has been associated with this company since 6 years 4 months .

    30 Jul 2018

  • Annual General Meeting

    Sterling Chits Private Limited last Annual general meeting of members was held on 30 Sep 2017 as per latest MCA records.

    30 Sep 2017

  • Balance Sheet

    Sterling Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Chennai.

    31 Mar 2017

  • Charges

    A charge registered on 16 Aug 1999 via Charge ID 90322239 with The Bank Of Rajasthank Ltd. was fully satisfied on 06 Dec 2014.

    06 Dec 2014

  • Charges

    A charge registered on 14 Jan 2011 via Charge ID 10264981 with State Bank Of India was fully satisfied on 29 Oct 2014.

    29 Oct 2014

  • Charges

    A charge registered on 12 May 2007 via Charge ID 10052821 with State Bank Of India was fully satisfied on 13 Oct 2014.

    13 Oct 2014

Frequently asked questions

  • Sterling Chits Private Limited was incorporated on 11 Jun 1985.

  • The authorized share capital of Sterling Chits Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.30 M.

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

    • Rama Rao Kanduri Lakshmi Venkata
    • Balavenkata Sureshbabu Perumala
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sterling Chits Private Limited is Hanging Gardens No.14 Vidyodaya Ist Cross St T.Nagar, India, Chennai, Tamil Nadu, 600017.

  • The corporate identification number (CIN) of Sterling Chits Private Limited is U65992TN1985PTC011931 and the company number is 011931 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2017 indicates that The net worth of Sterling Chits Private Limited has experienced an downturn of -4.07%.

  • As per the financial statements for fiscal Year 2017, The total open charges for Sterling Chits Private Limited amount to ₹ 4.90 Cr.

  • The most recent Balance Sheet for Sterling Chits Private Limited was filed with the ROC on 31 Mar 2017.

Similar Companies Based on Microfinance Institutions