Trade Worth Chits Private Limited

Manages chit fund business since 1992, based in Bangalore, Karnataka.

1992 | Bangaluru, Karnataka (India) | Active
Last Updated:

Trade Worth Chits Profile

Key Indicators

  • Authorised Capital ₹ 0.90 M
  • Paid Up Capital ₹ 0.79 M
  • Company Age 33 Year, 26 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.13 Cr
  • Revenue Growth -19.13%
  • Profit Growth 217.69%
  • Ebitda 1328.66%
  • Net Worth 97.94%
  • Total Assets 19.16%

About Trade Worth Chits

Trade Worth Chits Private Limited (TWCPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 March 1992 and has a history of 33 years. 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 0.90 M and a paid-up capital of Rs 0.79 M.

The company currently has active open charges totaling ₹1.13 Cr.

Usha Dindukurthi, Jagadishkumar Ramanathagupta, Revathi Suresh, and Four other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65992KA1992PTC012963

  • Company No.

    012963

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Mar 1992

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services
Company report

Trade Worth Chits Private Limited

Explore comprehensive data for Trade Worth Chits Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (7)

NameDesignationAppointment DateStatus
Usha Dindukurthi Country flag representing In Director 18-Mar-1992Current
Jagadishkumar Ramanathagupta Country flag representing In Director 18-Mar-1992Current
Revathi Suresh Country flag representing In Director 18-Mar-1992Current
Vinutha Garla Country flag representing In Director 18-Mar-1992Current
Meena Prasad Country flag representing In Director 18-Mar-1992Current
Radhakar Country flag representing In Director 18-Mar-1992Current

Financial Performance of Trade Worth Chits.

Trade Worth Chits Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 19.13% decrease. The company also saw a substantial improvement in profitability, with a 217.69% increase in profit. The company's net worth Soared by an impressive increase of 97.94%.

Trade Worth Chits revenue growth over time
Trade Worth Chits 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
-19.13%
Revenue from Operations
-22.22%
Total Assets
19.16%
Profit or Loss
217.69%
Net Worth
97.94%
EBITDA
1328.66%

What is the Ownership and Shareholding Structure of Trade Worth Chits?

Unlock access to Trade Worth Chits'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)

Open Charges

₹11.25 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Dbs Bank Ltd : 1.13 Cr

Latest Charge Details

DateLenderAmountStatus
02 Feb 2021Dbs Bank Ltd₹1.13 CrOpen

How Many Employees Work at Trade Worth Chits?

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

Employee growth trends for Trade Worth Chits Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Trade Worth Chits, 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 Trade Worth Chits'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 Trade Worth Chits

Recent activity within the organization

  • Annual General Meeting

    Trade Worth Chits Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Trade Worth Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge with Dbs Bank Ltd of Rs. 11.25 M registered on 02 Feb 2021 with Charge ID 100415863 was modified on 08 Nov 2021.

  • Charges

    A charge with Dbs Bank Ltd amounted to Rs. 11.25 M with Charge ID 100415863 was registered on 02 Feb 2021.

  • Director Appointment

    Kandala Venkataraja Gupta Kalyan was appointed as a Director was appointed as a Director on 01 Mar 2016 & has been associated with this company since 9 years 1 month .

  • Director Appointment

    Usha Dindukurthi was appointed as a Director was appointed as a Director on 18 Mar 1992 & has been associated with this company since 33 years 26 days .

Frequently asked questions

  • What is the Incorporation or founding date of Trade Worth Chits Private Limited?

    Trade Worth Chits Private Limited was incorporated on 18 Mar 1992.

  • What is authorized share capital and paid-up capital of Trade Worth Chits Private Limited?

    The authorized share capital of Trade Worth Chits Private Limited is ₹ 0.90 M and paid-up capital is ₹ 0.79 M.

  • Who are the current board members & directors of Trade Worth Chits Private Limited?

    Currently 7 directors are associated with Trade Worth Chits Private Limited.

    • Usha Dindukurthi
    • Jagadishkumar Dindukurti Ramanathagupta
    • Revathi Suresh
    • Vinutha Ramesh Garla
    • Meena Prasad
    • Radhakar
    • Kandala Venkataraja Gupta Kalyan

  • What is the registered address of Trade Worth Chits Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Trade Worth Chits Private Limited is Ground Floor Municipal No.154 43Rd Cross 2Nd Main 8Th Block, Jayanagar India, Bangalore, Karnataka, 560070.

  • What is the corporate identification number (CIN) and company number of Trade Worth Chits Private Limited?

    The corporate identification number (CIN) of Trade Worth Chits Private Limited is U65992KA1992PTC012963 and the company number is 012963 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Trade Worth Chits Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Trade Worth Chits Private Limited has fallen by -19.13%.

  • What change has been observed in the net worth of Trade Worth Chits Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Trade Worth Chits Private Limited has experienced an upsurge of 97.94%.

  • What are the total open charges for Trade Worth Chits Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Trade Worth Chits Private Limited amount to ₹ 1.13 Cr.

  • When was the last Balance Sheet of Trade Worth Chits Private Limited filed with the ROC?

    The most recent Balance Sheet for Trade Worth Chits Private Limited was filed with the ROC on 31 Mar 2024.

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