Svarnadri Chit Funds Private Limited

Founded in 2017 and headquartered in Karnataka, India.

2017 | Bangaluru, Karnataka (India) | Active
Last Updated: February 09, 2025

Svarnadri Chit Funds Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.70 M
  • Company Age 8 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 1.04%
  • Profit Growth 89.44%
  • Ebitda -5.10%
  • Net Worth -11.75%
  • Total Assets 41.89%

About Svarnadri Chit Funds

Svarnadri Chit Funds Private Limited (SCFPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 January 2017 (Eight years and one month 6 days old ). Its registered office is in Bangaluru, Karnataka, 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 1.00 M and a paid-up capital of Rs 0.70 M, as per Ministry of Corporate Affairs (MCA) records.

Mallarachappa Rudramunayappa, Manohar Mallarachappa, and Yathish Mallarachappa serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    svarnadri.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65999KA2017PTC099274

  • Company No.

    099274

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Jan 2017

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services

Who are the key members and board of directors at Svarnadri Chit Funds?

Board Members (3)

NameDesignationAppointment DateStatus
Mallarachappa Rudramunayappa Country flag representing In Whole-Time Director 31-Jan-2024Current
Manohar Mallarachappa Country flag representing In Whole-Time Director 18-Jan-2017Current
Yathish Mallarachappa Country flag representing In Additional Director Current

Financial Performance of Svarnadri Chit Funds.

Svarnadri Chit Funds Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 1.04% increase. The company also saw a substantial improvement in profitability, with a 89.44% increase in profit. The company's net worth observed a substantial decline by a decrease of 11.75%.

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
1.04%
Revenue from Operations
-19.79%
Total Assets
41.89%
Profit or Loss
89.44%
Net Worth
-11.75%
EBITDA
-5.10%

What is the Ownership and Shareholding Structure of Svarnadri Chit Funds?

Unlock access to Svarnadri Chit Funds's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Svarnadri Chit Funds?

Unlock and access historical data on people associated with Svarnadri Chit Funds, 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 Svarnadri Chit Funds, 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 Svarnadri Chit Funds's trajectory.

Rating

Graph displaying rating trends over time

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Alerts

Alert Indicator

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Latest Updates, News, and FAQs on Svarnadri Chit Funds

Recent activity within the organization

  • Annual General Meeting

    Svarnadri Chit Funds Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Svarnadri Chit Funds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Mallarachappa Sugganahalli Rudramunayappa was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 31 Jan 2024 & has been associated with this company since 1 year 25 days .

    31 Jan 2024

  • Director Appointment

    Manohar Mallarachappa was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 18 Jan 2017 & has been associated with this company since 8 years 1 month .

    18 Jan 2017

  • Company Incorporation

    Svarnadri Chit Funds Private Limited was registered on 18 Jan 2017 with Roc Bangalore & aged 8 years 1 month as per MCA records.

    18 Jan 2017

Frequently asked questions

  • Svarnadri Chit Funds Private Limited was incorporated on 18 Jan 2017.

  • The authorized share capital of Svarnadri Chit Funds Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.70 M.

  • Currently 3 directors are associated with Svarnadri Chit Funds Private Limited.

    • Mallarachappa Sugganahalli Rudramunayappa
    • Manohar Mallarachappa
    • Yathish Mallarachappa
  • As per Ministry of Corporate Affairs (Mca), the registered address of Svarnadri Chit Funds Private Limited is No.51 3Rd Main 4Th Cross Bsk 1St Stage, 2Nd Block Vinayakanagar India, Bengaluru, Karnataka, 560050.

  • The corporate identification number (CIN) of Svarnadri Chit Funds Private Limited is U65999KA2017PTC099274 and the company number is 099274 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Svarnadri Chit Funds Private Limited is https://www.svarnadri.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Svarnadri Chit Funds Private Limited has risen by 1.04%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Svarnadri Chit Funds Private Limited has experienced an downturn of -11.75%.

  • The most recent Balance Sheet for Svarnadri Chit Funds Private Limited was filed with the ROC on 31 Mar 2024.