Usha Bala Chits Private Limited

Usha Bala Chits Private Limited

Provides chit fund services and acts as foreman for chit fund series.
1986 | Narasimha Rao PetEluru-534006, Andhra Pradesh (India) | Active

Last Updated:

July 01, 2024
HomeCompanyUsha Bala Chits Private Limited

Who are the key members and board of directors at Usha Bala Chits?

Executive Team (1)

NameDesignationAppointment DateStatus
Vadlapatla Balakrishnarao InManaging Director08-Oct-1986Current

Board Members(3)

NameDesignationAppointment DateStatus
Santhi Vadlapatla In Director 25-Mar-2013Current
Vadlapatla Kumar In Director 31-Dec-1997Current
Usha Vadlapatla In Director 29-Jun-2007Current

Financial Performance and Corporate Structure Insights of Usha Bala Chits.

Usha Bala Chits Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 5.74% increase. The company also saw a substantial improvement in profitability, with a 12.01% increase in profit. The company's net worth Soared by an impressive increase of 32.4%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
5.74%
Revenue from Operations
6.47%
Total Assets
21.95%
Profit or Loss
12.01%
Net Worth
32.40%
EBITDA
6.18%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹65.90 M

₹16.50 M

LenderAmountStatus

Hdfc Bank Limited

Creation Date: 04 Jan 2023
₹1.69 CrOpen

City Union Bank Limited

Creation Date: 30 Aug 2022
₹4.90 CrOpen

Lakshmi Vilas Bank Limited

Creation Date: 20 Feb 2002
₹1.65 CrSatisfied

How Many Employees Work at Usha Bala Chits?

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

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Latest Updates, News, and FAQs on Usha Bala Chits

Recent activity within the organization

  • Charges

    A charge with City Union Bank Limited of Rs. 49.00 M registered on 30 Aug 2022 with Charge ID 100616635 was modified on 27 Nov 2023.

    27 Nov 2023

  • Annual General Meeting

    Usha Bala Chits Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Usha Bala Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 16.90 M with Charge ID 100716451 was registered on 04 Jan 2023.

    04 Jan 2023

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 49.00 M with Charge ID 100616635 was registered on 30 Aug 2022.

    30 Aug 2022

  • Charges

    A charge registered on 20 Feb 2002 via Charge ID 90117711 with Lakshmi Vilas Bank Limited was fully satisfied on 03 Aug 2022.

    03 Aug 2022

Frequently asked questions

  • Usha Bala Chits Private Limited was incorporated on 08 Oct 1986.

  • The authorized share capital of Usha Bala Chits Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

  • Currently 4 directors are associated with Usha Bala Chits Private Limited.

    • Santhi Priya Vadlapatla
    • Vadlapatla Venkata Vijaya Kumar
    • Usha Rani Vadlapatla
    • Vadlapatla Venkata Balakrishnarao
  • As per Ministry of Corporate Affairs (Mca), the registered address of Usha Bala Chits Private Limited is D.No.25122 Usha Bala Complexnarasimha Rao Pet Eluru-534006 Narasimha Pet Eluru-534 006 Pet, Eluru-534006 India, Narasimha Rao PetEluru-534006, Andhra Pradesh.

  • The corporate identification number (CIN) of Usha Bala Chits Private Limited is U65992AP1986PTC006843 and the company number is 006843 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Usha Bala Chits Private Limited has risen by 5.74%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Usha Bala Chits Private Limited has experienced an upsurge of 32.40%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Usha Bala Chits Private Limited amount to ₹ 6.59 Cr.

  • The most recent Balance Sheet for Usha Bala Chits Private Limited was filed with the ROC on 31 Mar 2023.

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