V G N Chit And Finance Company Private Limited.

Provides financial assistance to organized chit groups for short-term needs.

1996 | Thane, Maharashtra (India) | Active
Last Updated: January 10, 2025

V G N Chit And Finance Company Profile

Key Indicators

  • Authorised Capital ₹ 9.00 M
  • Paid Up Capital ₹ 8.50 M
  • Company Age 29 Year, 16 Days
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 0.86 M
  • Revenue Growth 48.15%
  • Profit Growth -16.15%
  • Ebitda 306.24%
  • Net Worth 19.01%
  • Total Assets 44.91%

About V G N Chit And Finance Company

V G N Chit And Finance Company Private Limited. (VGNCAFCPL) is a Private Limited Indian Non-Government Company incorporated in India on 07 February 1996 and has a history of 29 years. Its registered office is in Thane, Maharashtra, 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 2019. It's a company limited by shares with an authorized capital of Rs 9.00 M and a paid-up capital of Rs 8.50 M.

The company currently has active open charges totaling ₹0.86 M.

Meera Nair, Govind Nair, Valsala Nair, and One other member serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65992MH1996PTC096987

  • Company No.

    096987

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Feb 1996

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at V G N Chit And Finance Company?

Executive Team (1)

NameDesignationAppointment DateStatus
Veerath Nair Country flag representing In Managing Director07-Feb-1996Current

Board Members (3)

NameDesignationAppointment DateStatus
Govind Nair Country flag representing In Director 01-Apr-2017Current
Meera Nair Country flag representing In Director 01-Apr-2017Current
Valsala Nair Country flag representing In Director 07-Feb-1996Current

Financial Performance of V G N Chit And Finance Company.

V G N Chit And Finance Company Private Limited., for the financial year ended 2019, experienced significant growth in revenue, with a 48.15% increase. The company also saw a substantial fall in profitability, with a 16.15% decrease in profit. The company's net worth Soared by an impressive increase of 19.01%.

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
48.15%
Revenue from Operations
84.91%
Total Assets
44.91%
Profit or Loss
-16.15%
Net Worth
19.01%
EBITDA
306.24%

What is the Ownership and Shareholding Structure of V G N Chit And Finance Company?

In 2019, V G N Chit And Finance Company 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

₹0.86 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.09 Cr

Latest Charge Details

DateLenderAmountStatus
14 Jul 2017Others₹0.86 MOpen

How Many Employees Work at V G N Chit And Finance Company?

Unlock and access historical data on people associated with V G N Chit And Finance Company, 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 V G N Chit And Finance Company, 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 V G N Chit And Finance Company'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 V G N Chit And Finance Company

Recent activity within the organization

  • Annual General Meeting

    V G N Chit And Finance Company Private Limited. last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Balance Sheet

    V G N Chit And Finance Company Private Limited. has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai.

    31 Mar 2019

  • Charges

    A charge with Others amounted to Rs. 0.86 M with Charge ID 100158530 was registered on 14 Jul 2017.

    14 Jul 2017

  • Director Appointment

    Meera Gopalan Nair was appointed as a Director was appointed as a Director on 01 Apr 2017 & has been associated with this company since 7 years 10 months .

    01 Apr 2017

  • Director Appointment

    Govind Gopalan Nair was appointed as a Director was appointed as a Director on 01 Apr 2017 & has been associated with this company since 7 years 10 months .

    01 Apr 2017

  • Director Appointment

    Valsala Gopalan Nair was appointed as a Director was appointed as a Director on 07 Feb 1996 & has been associated with this company since 29 years 16 days .

    07 Feb 1996

Frequently asked questions

  • V G N Chit And Finance Company Private Limited. was incorporated on 07 Feb 1996.

  • The authorized share capital of V G N Chit And Finance Company Private Limited. is ₹ 9.00 M and paid-up capital is ₹ 8.50 M.

  • Currently 4 directors are associated with V G N Chit And Finance Company Private Limited..

    • Meera Gopalan Nair
    • Govind Gopalan Nair
    • Valsala Gopalan Nair
    • Veerath Gopalan Nair
  • As per Ministry of Corporate Affairs (Mca), the registered address of V G N Chit And Finance Company Private Limited. is R Fl Ogurumilan Chsopp Tilak Nagar Post Office Dombivali East India, Mumbai, Maharashtra, 421201.

  • The corporate identification number (CIN) of V G N Chit And Finance Company Private Limited. is U65992MH1996PTC096987 and the company number is 096987 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2019, the revenue trend for V G N Chit And Finance Company Private Limited. has risen by 48.15%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of V G N Chit And Finance Company Private Limited. has experienced an upsurge of 19.01%.

  • As per the financial statements for fiscal Year 2019, The total open charges for V G N Chit And Finance Company Private Limited. amount to ₹ 0.86 M.

  • The most recent Balance Sheet for V G N Chit And Finance Company Private Limited. was filed with the ROC on 31 Mar 2019.