Twin City Super Chits Private Limited

Manages chit fund transactions since 1996.

1996 | Dharwad, Karnataka (India) | Active
Last Updated: January 13, 2025

Twin City Super Chits Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 28 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 0.44 M
  • Revenue Growth -22.29%
  • Profit Growth -34.66%
  • Ebitda -17.89%
  • Net Worth 2.82%
  • Total Assets 6.90%

About Twin City Super Chits

Twin City Super Chits Private Limited (TCSCPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 August 1996 and has a history of 28 years and five months. Its registered office is in Dharwad, 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 0.50 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹0.44 M.

Madhu Kundur and Mahaveer Kundur serve as directors at the Company.

Company Details

  • Location

    Dharwad, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65992KA1996PTC021006

  • Company No.

    021006

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Aug 1996

  • 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 Twin City Super Chits?

Executive Team (1)

Name Designation Appointment Date Status
Mahaveer Kundur Country flag representing In Managing Director 28-Nov-1997 Current

Board Members (1)

Name Designation Appointment Date Status
Madhu Kundur Country flag representing In Director 26-Aug-2011 Current

Financial Performance of Twin City Super Chits.

Twin City Super Chits Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 22.29% decrease. The company also saw a substantial fall in profitability, with a 34.66% decrease in profit. The company's net worth moved up by a moderate rise of 2.82%.

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
-22.29%
Revenue from Operations
-29.81%
Total Assets
6.90%
Profit or Loss
-34.66%
Net Worth
2.82%
EBITDA
-17.89%

What is the Ownership and Shareholding Structure of Twin City Super Chits?

In 2018, Twin City Super Chits 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

₹0.44 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Vijaya Bank : 0.04 Cr

Latest Charge Details

Date Lender Amount Status
09 Aug 2006 Vijaya Bank ₹0.44 M Open

How Many Employees Work at Twin City Super Chits?

Unlock and access historical data on people associated with Twin City Super Chits, 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 Twin City Super 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 Twin City Super 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 Twin City Super Chits

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Director Appointment

    Madhu Mahaveer Kundur was appointed as a Director was appointed as a Director on 26 Aug 2011 & has been associated with this company since 13 years 5 months .

    26 Aug 2011

  • Charges

    A charge with Vijaya Bank amounted to Rs. 0.44 M with Charge ID 10018300 was registered on 09 Aug 2006.

    09 Aug 2006

  • Director Appointment

    Mahaveer Parshwanath Kundur was appointed as a Managing Director was appointed as a Managing Director on 28 Nov 1997 & has been associated with this company since 27 years 2 months .

    28 Nov 1997

  • Company Incorporation

    Twin City Super Chits Private Limited was registered on 21 Aug 1996 with Roc Bangalore & aged 28 years 5 months as per MCA records.

    21 Aug 1996

Frequently asked questions

  • Twin City Super Chits Private Limited was incorporated on 21 Aug 1996.

  • The authorized share capital of Twin City Super Chits Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 2 directors are associated with Twin City Super Chits Private Limited.

    • Madhu Mahaveer Kundur
    • Mahaveer Parshwanath Kundur
  • As per Ministry of Corporate Affairs (Mca), the registered address of Twin City Super Chits Private Limited is No.42 Ii Flloor Eureka Centre Koppikar Road, India, Hubli., Karnataka, 580020.

  • The corporate identification number (CIN) of Twin City Super Chits Private Limited is U65992KA1996PTC021006 and the company number is 021006 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Twin City Super Chits Private Limited has fallen by -22.29%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Twin City Super Chits Private Limited has experienced an upsurge of 2.82%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Twin City Super Chits Private Limited amount to ₹ 0.44 M.

  • The most recent Balance Sheet for Twin City Super Chits Private Limited was filed with the ROC on 31 Mar 2024.

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