Top Light Chit Funds Private Limited

Provides chit-fund services to groups, part of Top Light Group.

1992 | Coimbatore Dist, Tamil Nadu (India) | Active
Last Updated: July 03, 2024

Top Light Chit Funds Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 32 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.50 Cr
  • Revenue Growth 21.59%
  • Profit Growth -74.93%
  • Ebitda -115.32%
  • Net Worth 14.99%
  • Total Assets -48.91%

About Top Light Chit Funds

Top Light Chit Funds Private Limited (TLCFPL) is a Private Limited Indian Non-Government Company incorporated in India on 14 December 1992 and has a history of 32 years and two months. Its registered office is in Coimbatore Dist, 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 1.00 Cr.

The company currently has active open charges totaling ₹7.50 Cr.

Kousalyadevi Velusamy and Nachimuthu Velusamy serve as directors at the Company.

Company Details

  • Location

    Coimbatore Dist, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    toplightgroups.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65992TZ1992PTC004163

  • Company No.

    004163

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Dec 1992

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Financial Services

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

Executive Team (1)

NameDesignationAppointment DateStatus
Nachimuthu Velusamy Country flag representing In Managing Director14-Dec-1992Current

Board Members (1)

NameDesignationAppointment DateStatus
Kousalyadevi Velusamy Country flag representing In Director 14-Dec-1992Current

Financial Performance of Top Light Chit Funds.

Top Light Chit Funds Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.59% increase. The company also saw a substantial fall in profitability, with a 74.93% decrease in profit. The company's net worth Soared by an impressive increase of 14.99%.

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
21.59%
Revenue from Operations
12.72%
Total Assets
-48.91%
Profit or Loss
-74.93%
Net Worth
14.99%
EBITDA
-115.32%

What is the Ownership and Shareholding Structure of Top Light Chit Funds?

In 2023, Top Light Chit Funds 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

₹7.50 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • City Union Bank Limited : 7.00 Cr
  • City Union Bank Ltd. : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
03 Dec 2022City Union Bank Limited₹5.00 CrOpen
17 Jun 2021City Union Bank Limited₹2.00 CrOpen
05 Feb 2001City Union Bank Ltd.₹5.00 MOpen

How Many Employees Work at Top Light Chit Funds?

Unlock and access historical data on people associated with Top Light 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 Top Light 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 Top Light 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 Top Light Chit Funds

Recent activity within the organization

  • Annual General Meeting

    Top Light Chit Funds Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Top Light Chit Funds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100660008 was registered on 03 Dec 2022.

    03 Dec 2022

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 2.00 Cr with Charge ID 100458428 was registered on 17 Jun 2021.

    17 Jun 2021

  • Charges

    A charge with City Union Bank Ltd. amounted to Rs. 0.50 Cr with Charge ID 90008866 was registered on 05 Feb 2001.

    05 Feb 2001

  • Director Appointment

    Kousalyadevi Velusamy was appointed as a Director was appointed as a Director on 14 Dec 1992 & has been associated with this company since 32 years 2 months .

    14 Dec 1992

Frequently asked questions

  • Top Light Chit Funds Private Limited was incorporated on 14 Dec 1992.

  • The authorized share capital of Top Light Chit Funds Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 2 directors are associated with Top Light Chit Funds Private Limited.

    • Kousalyadevi Velusamy
    • Nachimuthu Velusamy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Top Light Chit Funds Private Limited is Near Ramasamymuthammalkalyana Mandapam Tirupur, Coimbatore Dist, Tamil Nadu, India, 641604.

  • The corporate identification number (CIN) of Top Light Chit Funds Private Limited is U65992TZ1992PTC004163 and the company number is 004163 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Top Light Chit Funds Private Limited is https://www.toplightgroups.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Top Light Chit Funds Private Limited has risen by 21.59%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Top Light Chit Funds Private Limited has experienced an upsurge of 14.99%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Top Light Chit Funds Private Limited amount to ₹ 7.50 Cr.

  • The most recent Balance Sheet for Top Light Chit Funds Private Limited was filed with the ROC on 31 Mar 2023.