Suman Chit Funds Pvt.Ltd.

Provides chit-fund services as an NBFC registered with RBI.

1978 | Hyderabad, Telangana (India) | Active
Last Updated: January 10, 2025

Suman Chit Funds.Ltd. Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 9.76 M
  • Company Age 46 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.00 M
  • Revenue Growth 3.98%
  • Profit Growth -18.42%
  • Ebitda -68.53%
  • Net Worth 5.42%
  • Total Assets -11.21%

About Suman Chit Funds.Ltd.

Suman Chit Funds Pvt.Ltd. (SCFP) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 June 1978 and has a history of 46 years and eight 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 2024. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 9.76 M.

The company currently has active open charges totaling ₹4.00 M.

Pagadala Rao, Suman Linga, Uppalaiah Vanga, and Four other members 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

    U65992TG1978PTC002318

  • Company No.

    002318

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Jun 1978

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Financial Services

Who are the key members and board of directors at Suman Chit Funds.Ltd.?

Financial Performance of Suman Chit Funds.Ltd..

Suman Chit Funds Pvt.Ltd., for the financial year ended 2023, experienced modest growth in revenue, with a 3.98% increase. The company also saw a substantial fall in profitability, with a 18.42% decrease in profit. The company's net worth moved up by a moderate rise of 5.42%.

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
3.98%
Revenue from Operations
-4.24%
Total Assets
-11.21%
Profit or Loss
-18.42%
Net Worth
5.42%
EBITDA
-68.53%

What is the Ownership and Shareholding Structure of Suman Chit Funds.Ltd.?

In 2023, Suman Chit Funds.Ltd. had a public holding of 89.40%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.40 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.40 Cr

Latest Charge Details

DateLenderAmountStatus
28 Sep 2024Hdfc Bank Limited₹4.00 MOpen

How Many Employees Work at Suman Chit Funds.Ltd.?

Unlock and access historical data on people associated with Suman Chit Funds.Ltd., 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 Suman Chit Funds.Ltd., 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 Suman Chit Funds.Ltd.'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 Suman Chit Funds.Ltd.

Recent activity within the organization

  • Annual General Meeting

    Suman Chit Funds Pvt.Ltd. last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.40 Cr with Charge ID 101024319 was registered on 28 Sep 2024.

    28 Sep 2024

  • Balance Sheet

    Suman Chit Funds Pvt.Ltd. has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Director Appointment

    Basava Rao Kovelamudi was appointed as a Director was appointed as a Director on 27 Sep 2016 & has been associated with this company since 8 years 5 months .

    27 Sep 2016

  • Director Appointment

    Linga Sudha Rani was appointed as a Director was appointed as a Director on 27 Sep 2016 & has been associated with this company since 8 years 5 months .

    27 Sep 2016

  • Director Appointment

    Kotha Aruna was appointed as a Director was appointed as a Director on 10 Jan 2010 & has been associated with this company since 15 years 1 month .

    10 Jan 2010

Frequently asked questions

  • What is the Incorporation or founding date of Suman Chit Funds Pvt.Ltd.?

    Suman Chit Funds Pvt.Ltd. was incorporated on 27 Jun 1978.

  • What is authorized share capital and paid-up capital of Suman Chit Funds Pvt.Ltd.?

    The authorized share capital of Suman Chit Funds Pvt.Ltd. is ₹ 2.00 Cr and paid-up capital is ₹ 9.76 M.

  • Who are the current board members & directors of Suman Chit Funds Pvt.Ltd.?

    Currently 7 directors are associated with Suman Chit Funds Pvt.Ltd..

    • Pagadala Narsing Rao
    • Suman Linga
    • Uppalaiah Vanga
    • Basava Rao Kovelamudi
    • Yamusani Venkateshwarlu
    • Kotha Aruna
    • Linga Sudha Rani
  • What is the registered address of Suman Chit Funds Pvt.Ltd.?

    As per Ministry of Corporate Affairs (Mca), the registered address of Suman Chit Funds Pvt.Ltd. is 4-1-828/9 Iind Floor Pasha Chambers J. N. Road, Abids India, Hyderabad, Telangana, 500001.

  • What is the corporate identification number (CIN) and company number of Suman Chit Funds Pvt.Ltd.?

    The corporate identification number (CIN) of Suman Chit Funds Pvt.Ltd. is U65992TG1978PTC002318 and the company number is 002318 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Suman Chit Funds Pvt.Ltd.?

    According to the financial reports for the fiscal year 2023, the revenue trend for Suman Chit Funds Pvt.Ltd. has risen by 3.98%.

  • What change has been observed in the net worth of Suman Chit Funds Pvt.Ltd., and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Suman Chit Funds Pvt.Ltd. has experienced an upsurge of 5.42%.

  • What are the total open charges for Suman Chit Funds Pvt.Ltd.?

    As per the financial statements for fiscal Year 2023, The total open charges for Suman Chit Funds Pvt.Ltd. amount to ₹ 4.00 M.

  • When was the last Balance Sheet of Suman Chit Funds Pvt.Ltd. filed with the ROC?

    The most recent Balance Sheet for Suman Chit Funds Pvt.Ltd. was filed with the ROC on 31 Mar 2024.

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