Swashakthi Chit Funds Private Limited

Manages chit funds and acts as foreman for chit fund series.

2010 | Warangal, Telangana (India) | Active
Last Updated: December 16, 2024

Swashakthi Chit Funds Profile

Key Indicators

  • Authorised Capital ₹ 3.50 M
  • Paid Up Capital ₹ 4.50 M
  • Company Age 14 Year, 8 Months
  • Last Filing with ROC 31 Mar 2020
  • Revenue Growth 5.51%
  • Profit Growth -10.34%
  • Ebitda -10.34%
  • Net Worth -0.17%
  • Total Assets %

About Swashakthi Chit Funds

Swashakthi Chit Funds Private Limited (SCFPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 June 2010 and has a history of 14 years and eight months. Its registered office is in Warangal, 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 2020. It's a company limited by shares with an authorized capital of Rs 3.50 M and a paid-up capital of Rs 4.50 M, as per Ministry of Corporate Affairs (MCA) records.

Ramesh Verabomma, Srinivas Kalakuntla, Venkateshwar Suryaneni, and One other member serve as directors at the Company.

Company Details

  • Location

    Warangal, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65992TG2010PTC068748

  • Company No.

    068748

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Jun 2010

  • Date of AGM

    01 Dec 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Financial Services

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

Board Members (4)

NameDesignationAppointment DateStatus
Ramesh Verabomma Country flag representing In Additional Director 22-Jul-2021Current
Srinivas Kalakuntla Country flag representing In Director 22-Jun-2021Current
Venkateshwar Suryaneni Country flag representing In Director 02-Jun-2010Current
Lakshmi Suryaneni Country flag representing In Director 02-Jun-2010Current

Financial Performance of Swashakthi Chit Funds.

Swashakthi Chit Funds Private Limited, for the financial year ended 2020, experienced modest growth in revenue, with a 5.51% increase. The company also saw a substantial fall in profitability, with a 10.34% decrease in profit. The company's net worth dipped by a decrease of 0.17%.

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
5.51%
Revenue from Operations
5.51%
Total Assets
Profit or Loss
-10.34%
Net Worth
-0.17%
EBITDA
-10.34%

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

Unlock access to Swashakthi 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 Swashakthi Chit Funds?

Unlock and access historical data on people associated with Swashakthi 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 Swashakthi 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 Swashakthi Chit Funds'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 Swashakthi Chit Funds

Recent activity within the organization

  • Director Appointment

    Ramesh Verabomma was appointed as a Additional Director was appointed as a Additional Director on 22 Jul 2021 & has been associated with this company since 3 years 6 months .

    22 Jul 2021

  • Director Appointment

    Srinivas Rao Kalakuntla was appointed as a Director was appointed as a Director on 22 Jun 2021 & has been associated with this company since 3 years 7 months .

    22 Jun 2021

  • Annual General Meeting

    Swashakthi Chit Funds Private Limited last Annual general meeting of members was held on 01 Dec 2020 as per latest MCA records.

    01 Dec 2020

  • Balance Sheet

    Swashakthi Chit Funds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Hyderabad.

    31 Mar 2020

  • Director Appointment

    Venkateshwar Rao Suryaneni was appointed as a Director was appointed as a Director on 02 Jun 2010 & has been associated with this company since 14 years 8 months .

    02 Jun 2010

  • Director Appointment

    Lakshmi Suryaneni was appointed as a Director was appointed as a Director on 02 Jun 2010 & has been associated with this company since 14 years 8 months .

    02 Jun 2010

Frequently asked questions

  • Swashakthi Chit Funds Private Limited was incorporated on 02 Jun 2010.

  • The authorized share capital of Swashakthi Chit Funds Private Limited is ₹ 3.50 M and paid-up capital is ₹ 4.50 M.

  • Currently 4 directors are associated with Swashakthi Chit Funds Private Limited.

    • Ramesh Verabomma
    • Srinivas Rao Kalakuntla
    • Venkateshwar Rao Suryaneni
    • Lakshmi Suryaneni
  • As per Ministry of Corporate Affairs (Mca), the registered address of Swashakthi Chit Funds Private Limited is 1-7-692/1 Beside Spenscers Main Road Adalath Center, Subedari India, Hanamkonda, Telangana, 506001.

  • The corporate identification number (CIN) of Swashakthi Chit Funds Private Limited is U65992TG2010PTC068748 and the company number is 068748 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Swashakthi Chit Funds Private Limited has risen by 5.51%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Swashakthi Chit Funds Private Limited has experienced an downturn of -0.17%.

  • The most recent Balance Sheet for Swashakthi Chit Funds Private Limited was filed with the ROC on 31 Mar 2020.